Ant Group’s controller Jack Ma, executive chairman Eric Jing and CEO Simon Hu were summoned and interviewed by regulators in China.
tock futures fell on Tuesday night following a sharp rally during regular trading while investors awaited the result of the presidential election.
The survey taken in the final stretch before Election Day also finds Democrats hold an edge in three pivotal Senate races in Arizona, Michigan and North Carolina.
Oil prices fell sharply on Monday as new lockdowns across Europe and record coronavirus cases in the United States slammed the outlook for energy demand.
The presidential election is just two days away and the stock market has locked-in its prediction, according to one indicator.
Americas tech companies are strengthening their hold on the economy during the coronavirus crisis though for investors, some results look better than others.
Apple reported fourth-quarter earnings on Thursday that slightly exceeded Wall Street expectations, but the company did not offer investors any guidance for the quarter ending in December.
In the U.S. and Canada, Facebook’s user base fell to 196 million daily active users from 198 million a quarter earlier.
U.S. stocks fell sharply on Wednesday amid concerns over the latest increase in coronavirus infections and its potential impact on the global economy.
Oil prices fell over 5% to a three-week low on Wednesday as surging coronavirus infections in the United States and Europe are leading to renewed lockdowns,
The Covid-19 pandemic has caused the worst financial crisis in the history of the airline industry. But when the health crisis is over,
Microsoft’s results beat across the board as Azure grew more than some analysts had expected, although guidance for the next quarter was soft.
The Wall Street bank said it liked Brazil’s real, Mexico’s peso and Colombia’s peso, and had entered long positions in South Africa’s rand and Russia’s rouble.
Elon Musk said last week that Model 3 production capacity for the Shanghai factory, which opened one year ago, has now reached 250,000 units a year.
Big Tech is gearing up for a big week, and one longtime tech investor is managing expectations.
