Baidu (NASDAQ: BIDU), which owns China's top online search engine, was once considered one of that country's top tech stocks. But over the past three years, its stock has lost roughly 40% of its value as the company has faced tougher competition in digital ads.
Etsy (NASDAQ: ETSY) and Alibaba (NYSE: BABA) have both generated impressive returns for investors over the past 12 months. Etsy's stock surged nearly 140% as its online orders jumped throughout the COVID-19 crisis, and Alibaba's stock rallied about 70% on similar tailwinds in Ch
Microsoft Corp has emerged as the most likely buyer of the U.S. operations of TikTok, the popular Chinese short-video app that U.S. President Donald Trump is preparing to effectively ban on national security grounds.
Microsoft Corp has emerged as the most likely buyer of the U.S. operations of TikTok, the popular Chinese short-video app that U.S. President Donald Trump is preparing to effectively ban on national security grounds.
Perhaps the biggest technological change of the current age is the massive shift of enterprise IT spending to the public cloud. The public cloud offers numerous benefits to companies, saving costs by eliminating the need to buy and manage one's own infrastructure, offering the a
Chinese electric vehicle (EV) maker Xpeng Inc, backed by Alibaba and Xiaomi Corp, has filed to list its shares in New York, seeking to ride enthusiasm for EVs even as U.S.-China relations are strained.
What happened
Shares of Tencent (OTC: TCEHY), Alibaba (NYSE: BABA), and JD.com (NASDAQ: JD) fell 7.4%, 5.1%, and 4.3%, respectively, on Friday after the U.S. government took several actions against Chinese companies.
Friday was a fitting end to a busy week on Wall Street, as stock markets remained deeply mixed. The Nasdaq Composite wasn't able to hit another record high close, instead giving way to declines in the wake of some high-profile tech earnings disappointments. However, the Dow Jone
The Nasdaq closed lower on Friday, as data showed a sharp slowdown in U.S. employment growth and investors worried lawmakers would fail to agree on another fiscal stimulus bill to bolster the economy from a coronavirus-induced recession.
The Nasdaq closed lower on Friday, as data showed a sharp slowdown in U.S. employment growth and investors worried lawmakers would not be able to agree on another fiscal stimulus bill to bolster the economy from a coronavirus-induced recession.
Wall Street's main indexes fell on Friday as data showed a sharp slowdown in U.S. employment growth, and investors turned their attention toward the likelihood of another fiscal stimulus bill to buttress the economy from a pandemic-induced recession.
Wall Street's main indexes fell on Friday as data showed a sharp slowdown in U.S. employment growth, with investors now looking for signs of another fiscal stimulus bill to revive the economy from a pandemic-driven recession.
The S&P 500 retreated from a near six-month high in choppy trading on Friday with data showing a sharp slowdown in U.S. employment growth, while U.S.-China tensions escalated with President Donald Trump's move to ban WeChat and TikTok.
The S&P 500 pulled back from near six-month highs on Friday as data showed a sharp slowdown in U.S. employment growth and President Donald Trump cranked up friction with Beijing with moves to ban WeChat and TikTok.
The NASDAQ 100 Pre-Market Indicator is down -31.45 to 11,235.63. The total Pre-Market volume is currently 20,521,553 shares traded.The following are the most active stocks for the pre-market session: Rocket Companies, Inc. (RKT) is +2.79 at $24.30, with 3,471,576 shares traded.C
SoftBank Group Corp is seen returning to profitability in the first quarter on Tuesday as the value of its listed holdings rise, three months after faltering tech bets via its Vision Fund pushed the group to a record annual loss.
Reuters
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19 minutes 19 seconds ago
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