Alibaba’s 239% profit surge boosts shares nearly 15%, while Amazon tops Walmart in revenue for the first time. Is tech taking over retail dominance?
U.S. stock futures point lower, Walmart stock sinks on soft outlook, and Alibaba shares jump as results beats expectations. Here's what investors need to know today.
Wall Street eases from record highs on concerns about consumer spending, Fed cautiousness, and trade uncertainty. Chinese tech stocks surge.
Stock and bond markets are closed Monday for Presidents Day, but the week ahead is packed with earnings from major companies, Federal Reserve meeting minutes, and key economic data. Walmart (WMT), Alibaba (BABA),
Chinese technology shares led gains in Asian stocks after Alibaba Group Holding Ltd. announced its fastest pace of revenue growth in more than a year, boosting optimism toward the sector.