China's ride-hailing giant Didi Global Inc has suspended its plans to launch in Britain and continental Europe, The Telegraph reported on Monday, against the backdrop of a regulatory backlash at home over data privacy.
The NASDAQ 100 Pre-Market Indicator is up 45.66 to 15,138.23. The total Pre-Market volume is currently 24,774,126 shares traded.The following are the most active stocks for the pre-market session: Xeris Pharmaceuticals, Inc. (XERS) is +0.66 at $2.86, with 3,521,780 shares traded
Stock Futures Edged Higher Ahead Of Economic DataU.S. stock futures are ticking higher after a volatile week on Wall Street. Investors are eagerly eyeing the Jackson Hole symposium for clues. The event, which takes place from the coming Thursday to Saturday, could provide a hint
DiDi Global (NYSE: DIDI), the largest ride-hailing company in China, burned many investors after its IPO on June 30. DiDi priced its shares at $14, but they're now trading at about $7.
Since August of 2018, the S&P 500 has surged 55%, meaning investors have seen a windfall of roughly 15% per year. Even so, that performance pales in comparison to that of Sea Limited (NYSE: SE), an international holding company that operates in Southeast Asia. Over the same p
The stock market is taking a breather after its barn-burner performance over the last 17 months. Having effectively doubled in value since the low point it hit in March 2020, the S&P 500 has routinely set new record highs over this period.
The stock market party never seems to end. The S&P 500 and Dow Jones Industrial Average are notching high after high as Wall Street bets on a solid post-pandemic recovery. Both indices are up over 26% over the last 12 months, making many investors happy.
Wall Street rallied to close sharply higher on Friday, closing a tumultuous week on easing concerns over whether the U.S. Federal Reserve could begin tightening its dovish monetary policy sooner than expected.
Wall Street capped a tumultuous week with a broad-based rally as investors largely shrugged off the looming threat of the COVID-19 Delta variant and signals from the U.S. Federal Reserve that it could begin tightening its dovish monetary policy sooner than expected.
MercadoLibre (NASDAQ: MELI) and Alibaba Group Holding (NYSE: BABA) dominate two of the world's fastest-growing e-commerce markets: The former is the leader in Latin America, and the latter is the top player in China.
Tencent (OTC: TCEHY) posted its second-quarter earnings on Wednesday. The Chinese tech giant's revenue rose 20% year over year to 138.3 billion yuan ($21.3 billion), meeting analysts' expectations but decelerating from its 25% growth in the first quarter. Its adjusted net income
Bilibili's (NASDAQ: BILI) stock price slumped to its lowest levels this year after the Chinese tech company posted its second-quarter earnings on Thursday, Aug. 19. Its revenue rose 72% year over year to 4.46 billion yuan ($696 million), beating estimates by $33 million. Its non-
Wall Street's main indexes were set to open lower on Friday, as concerns over a slowing economic recovery and the possible tapering of monetary stimulus put the Dow and the S&P 500 on course for their worst week since mid-June.
In the early 20th century, one of the best-performing stock markets in the world was that of Imperial Russia. For decades, stocks on the St. Petersburg Stock Exchange far outperformed those on the New York Stock Exchange, and it wasn't even close. However, when the Bolsheviks too
The NASDAQ 100 Pre-Market Indicator is up 21.16 to 14,955.1. The total Pre-Market volume is currently 21,009,898 shares traded.The following are the most active stocks for the pre-market session: Marin Software Incorporated (MRIN) is +0.88 at $5.69, with 3,489,665 shares traded.
U.S. stock index futures fell on Friday, as concerns over a slowing economic recovery and the possible tapering of monetary stimulus hurt economy-linked sectors and put the Dow and the S&P 500 on course for their worst week since mid-June.
What happened
It was another rough week for Chinese tech stocks, as signs of tightening regulations continued to cause investors to sell the sector. Their reasoning was that the potential of another crackdown like the one the education sector faced was too great.