Wall Street eased from record highs after Walmart forecasted slower sales, and saw its stock drop. The outlook raised concerns about consumer spending and economic growth, while investors also assessed signals from the Federal Reserve and trade policy uncertainties.
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.
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),
Wall Street eases from record highs on concerns about consumer spending, Fed cautiousness, and trade uncertainty. Chinese tech stocks surge.
Alibaba (BABA) is due to release its latest quarterly results, with investors focused on growth in its cloud business, in light of recent developments around the company's artificial intelligence (AI) push. Quarterly results from retailer Walmart (WMT ...
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.