Business 6942
Major Stock Moves Witness Monday's rising stock futures following the S&P 500's impressive month of gains. Stay tuned as Wall Street focuses on earnings from tech giants Apple and Amazon.com, along with the highly anticipated monthly U.S. jobs rep......
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Business 5856
US stock market on Monday US stock indices ended Monday with a weak decline after three days of gains. The Dow Jones Industrial Average index fell 46.73 points (0.14%) to 32798.4 points. Leading the declines were Chevron Corp (NYSE:CVX......
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Ratings 5569
GlobalNY.biz analysts have compiled a rating of Communication and Internet companies based on its performance during the second quarter of 2022. The purpose of the rating is to assess the state of the information field, which is formed by media resourc......
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Ratings 3930
GlobalNY.biz analysts have compiled a rating of communication and Internet companies based on its performance during the fourth quarter of 2021. The purpose of the rating is to assess the state of the information field, which is formed by media resourc......
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Business 3649
There will be no delisting in the US On Monday, Alibaba (BABA) announced that it will restructure its international and domestic e-commerce business by creating two independent divisions to "grow more smoothly and quickly." The ...
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Business 4157
Record low Alibaba (BABA) shares are trading at a record low since May 2017 as investors worry about the risks of delisting on the US exchange. The recent drop in Alibaba's shares stems from the Chinese e-commerce giant's fear of losing its main li...
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Business 4682
Alibaba report disappoints market Alibaba (BABA) shares fell after reporting sales and profit below analysts' forecasts and lowering its annual sales forecast. In contrast, Alibaba rival JD.com's report beat Wall Street estimates. Alibaba's (BABA) ...
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Business 9231
Schedule for the week Investors in the US stock market this week will be treated to important economic data on US retail sales for October. Nvidia (NVDA), Alibaba (BABA), Li Auto (LI), Lucid (LCID), Walmart (WMT), Home Depot (HD) and others will relea......
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Business 4607
Biggest IPO in history Rivian's listing on the Nasdaq exchange was one of the most anticipated in 2021 investors were not disappointed. The company raised $11.9bn for its development and was valued at $85.9bn, higher than Ford's capitalisation, for ex......
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Business 4324
IPO from Rivian Electric car startup Rivian, backed by Amazon and Ford, has filed a new Form S-1 with the SEC, with a tentative share price to go public. In the IPO, Rivian hopes to raise $8.4bn. The success of Tesla......
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Business 3938
New devices from Google Google on Tuesday unveiled its new Pixel 6 and Pixel 6 Pro smartphones with proprietary Tensor chips and the recently released Android 12 operating system. The new dev......
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Business 4351
Unbundling Ant Financial Beijing makes plans to separate financial giant Alipay Ant Group, which is 33 percent owned by Alibaba. Also, Beijing indends to create a separate credit reporting app that would be partly ow......
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Business 4106
Authorities put pressure on Alibaba Group Alibaba (BABA) shares on the US exchange NYSE fell 4.9 per cent on Tuesday, to two-year levels, due to the release of tougher antitrust rules from China. Market analysts point to fiv...
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Business 4486
Stock sell-off Softbank, the world-renowned Japanese investment bank, published its financial report for the quarter ended 30 June on Tuesday. In addition to lower profits, Softbank's report showed a sell-off in shares in Microsoft, Facebook, Alphab...
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Business 4085
Alibaba shares fall Chinese e-commerce giant Alibaba reported 1.18 billion active customers and increased its share buyback programme to a record $15 billion. However, the negative trends seen by investors outweighed and Alibaba sh......
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Business 4880
Taxi service Didi Chinese giant Didi Global Inc said Beijing's order to remove the taxi-calling service from app shops in China could hit revenues. At the same time, other Chinese companies that recently went public in the US have also been the target......
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Business 4111
Didi and IPO China's largest passenger taxi service company Didi has filed paperwork to go public in the US, the BBC reports. The company is known to have the backing of major Asian technology investment firms, including Softbank (T:9984), Alibaba ...
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Business 4776
Losses due to fine Alibaba reported stronger revenues and number of active users in the March quarter than Wall Street expected, but posted its first loss in nine years because of a major antitrust fine. Shares in Chinese e-c......
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Business 5327
Stock market Prudential (LON:PRU) shares fell 4.3% after the UK-based life insurance company said the spin-off of its US business would not take place until the second half of the year. Alibaba (NYSE:BABA) shares fell 3.1% as China's leading e-commer......
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Business 5584
New York Stock Exchange premarket Shares in Johnson&Johnson (NYSE:JNJ) fell 2.3% after US health authorities called for the suspension of the drug maker's COVID-19 vaccine because of clotting problems. Altimeter Growth (NASDAQ:AGC) shares rose 5.......
Read moreAlena Potapova Development Director
