Short Alibaba, Long PDD Stock Pair Trade Points to 95% Gain
Traders betting on diverging stock performances by Chinese e-commerce giants Alibaba Group Holding Ltd. and PDD Holdings Inc.
2023-12-01 14:54
Alibaba Gets Rare Wall Street Downgrade as Rival Gains Traction
Alibaba Group Holding Ltd. received a rare downgrade from Wall Street on the same day it lost its
2023-12-01 09:24
New York Food Delivery Minimum Pay Rule Is Cleared by Court
Uber Technologies Inc., DoorDash Inc. and Grubhub Inc. will have to pay New York food delivery workers at
2023-12-01 08:25
Apparel Maker Faherty Explores Selling Minority Stake
Faherty Brand, a family-owned clothing brand and retailer, is exploring strategic options including the sale of a minority
2023-12-01 05:58
Ford Lowers Profit Guidance as Labor Costs Rise $8.8 Billion
Ford Motor Co. restored financial guidance Thursday, saying profits would come in lower than earlier projections due to
2023-11-30 21:23
Remy Cointreau Keeps Outlook Even as US Cognac Sales Plunge
Remy Cointreau SA’s first-half profit missed analyst expectations amid a sharp decline in US demand for its pricey
2023-11-30 17:53
Alibaba’s Value Dips Below Upstart PDD’s in Landmark for China
Alibaba Group Holding Ltd. is set to lose its position as China’s most valuable e-commerce firm to eight-year-old
2023-11-30 16:56
Chinese Stocks Sit Out November’s Global Rally on Economic Woes
Stocks in mainland China have emerged as an outlier amid November’s global rally, with the market extending its
2023-11-30 14:49
Jack Ma Returns to Rally Troops as Alibaba’s Troubles Deepen
China’s most famous entrepreneur broke years of silence about Alibaba Group Holding Ltd. with a call to arms
2023-11-30 12:45
Marina Bay Sands Said to Seek Up to S$10 Billion Loan for Growth
Marina Bay Sands Pte plans to tap banks for a loan of as much as S$10 billion ($7.5
2023-11-30 12:23
China’s Factory Activity Shrinks Again in Sign of Recovery Woes
China’s manufacturing activity contracted again in November while a gauge of the services sector shrank for the first
2023-11-30 09:53
Japan Output Rises More Than Expected on Autos, Electronics
Japan’s industrial production rose more than expected in October, offering a fresh sign of economic resilience as improvement
2023-11-30 09:25