Tag: Breaking News: Markets

Alibaba shares fall 5% in premarket trading after posting 86% profit drop

Alibaba said it is working on a rival to ChatGPT, the artificial intelligence chatbot that has caused excitement…

Early Facebook investor Accel raises $650 million fund to back European and Israeli startups

From left to right, Accel general partners Harry Nelis, Sonali de Rycker, Andrei Brasoveanu, Luca Bocchio, and Philippe…

Stock futures are slightly up after Dow's best week of the year, investors look toward inflation data: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) on the last day of trading…

SoftBank Vision Fund posts first annual gain in 3 years, up $4.6 billion

SoftBank's Vision Fund, the brainchild of the company's founder Masayoshi Son, has faced a number of headwinds including…

Sweetgreen shares soar 34% after company beats revenue expectations

People dine outside a Sweetgreen in Manhattan.Jeenah Moon | The Washington Post | Getty ImagesSweetgreen shares surged nearly…

Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86

Jim Simons attends IAS Einstein Gala honoring Jim Simons at Pier 60 at Chelsea Piers in New York…

Climate protesters try to break into Tesla's Germany factory, multiple people arrested

Police confront environmental activists in a forest near the Tesla Gigafactory electric car factory near Gruenheide, Germany, May…

Stock futures rises as Dow pushes for an 8-day winning streak: Live updates

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May…

Chinese EV maker Zeekr prices IPO at $21, at the top end of range

A Zeekr 001 electric vehicle (EV) by Geely is seen displayed at the Zeekr booth during a media…

Asia markets track Wall Street gains amid renewed U.S. rate cut hopes; Hong Kong stocks hit 10-month high

Hong KongKanchisa Thitisukthanapong | Moment | Getty ImagesHong Kong led Asia-Pacific stocks higher on Friday as markets tracked…

Bank of England set to hold rates as Europe's central banks diverge from Fed

Variegated tulips planted in flower beds opposite the Bank of England in the City of London on 7th…

China's imports jump 8.4% in April, exceeding expectations as purchases from the U.S. grow

Containers sit at the Yangshan Port in Shanghai, China, Aug. 6, 2019.Aly Song | ReutersBEIJING — China's customs…