Latest in Alibaba’s Stock Turns
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Alibaba’s stock turns lower as investments to meet AI demand hurt profitability
Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.Business - MarketWatch - 8 hours ago -
Schlumberger’s stock slumps as falling oil prices turn customers cautious
Schlumberger’s stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.Business - MarketWatch - October 18 -
A Mastercard executive addresses this burning investor question
Some investors worry it’s going to get harder for Mastercard to find more cash to displace. Its CFO sees plenty of runway ahead.Business - MarketWatch - October 31 -
Upstart’s stock roars higher. Here’s why analysts say the tide is turning.
Analysts say the AI lender is on a better track is it benefits from an improved interest-rate climate, funding partnerships and “solid” credit trends.Business - MarketWatch - November 8 -
Trump Turns to His Personal Lawyers to Stock Top Ranks of Justice Dept.
The president-elect intends to nominate three members of his criminal defense team to senior roles, raising further concerns about politicization of the department.Top stories - The New York Times - 2 hours ago -
3M’s stock turns red as profit beat, but retail customers are still holding back
The maker of Post-it Notes saw it’s stock surge to a multi-year high, then pull a sharp U-turn into the red, even as earnings beat expectations.Business - MarketWatch - October 22 -
Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates
Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.Business - MarketWatch - October 30 -
Boeing’s stock turns lower, as short-term technical boost fades after the open
Boeing’s stock reversed into the red on Tuesday, to erase a positive short-term technical signal, even after the aerospace giant’s unionized machinists voted to end the nearly two-month-long strike.Business - MarketWatch - November 5 -
23andMe’s stock falls after company says there’s substantial doubt it can stay in business
Shares of 23andMe fell 4% Tuesday after the DNA-testing company reported its latest quarterly loss and included “going concern” language in its financial statements, shedding gains made late Monday ...Business - MarketWatch - 3 days ago -
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China's Alibaba releases AI search tool for small businesses in Europe and the Americas
Chinese e-commerce giant Alibaba unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.Business - CNBC - 3 days ago -
Alibaba posts profit beat as China looks to prop up tepid consumer spend
The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.Business - CNBC - 10 hours ago -
Alibaba Revenue Misses Views Amid Weaker Chinese Economy, Competition
Adjusted earnings before interest, taxes, depreciation and amortization declined about 4% to 47.33 billion yuan in its fiscal second quarter.Business - The Wall Street Journal - 9 hours ago -
Alibaba's Southeast Asia Unit Lazada Pushes AI Investment to Regain Market Share
Lazada is accelerating investments in generative artificial intelligence to regain its standing in a fiercely competitive market with limited opportunities for margin expansion.Business - The Wall Street Journal - October 17 -
Student who wowed China in Alibaba math contest got help from teacher, organizers say
Organizers of a Chinese math competition say a vocational school student who finished near the top in the first round was helped by her teacher in violation of the rulesWorld - ABC News - November 5 -
China is turning Japanese
At least that’s what the bond market is whisperingWorld - Financial Times - October 17 -
"Rhapsody in Blue" turns 100
This year, musicians all over the world, from Carnegie Hall to the Hollywood Bowl, are celebrating the 100th birthday of George Gershwin's "Rhapsody in Blue." Correspondent David Pogue looks into ...Top stories - CBS News - October 20 -
Modern Love Turns 20!
To celebrate the Modern Love column’s 20th anniversary this month, we put together a special package of articles exploring the column’s history and impact.Lifestyle - The New York Times - October 22 -
Is this economy turning against cities?
The economic effects of the pandemic on the urban real estate market are well known: spiking rents and mortgage rates, a large dip in sales, and an overall mismatch between housing supply and ...Politics - The Hill - October 23 -
The Conservatives’ deepening turn to the right
Kemi Badenoch’s task is to restore the party’s appeal to Britain at largeBusiness - Financial Times - November 3 -
How Matt Drudge turned on Trump
“American Psycho,” screamed the banner headline on the Drudge Report this week underneath a photo of former President Trump swaying back and forth listening to music at a town hall in Pennsylvania, ...Politics - The Hill - October 18 -
As the World Turns, So Do These Cameras
Whirling 360-degree photo booths have gone from red carpets to bat mitzvahs to tourist sites like the Cradle of Humankind.Lifestyle - The New York Times - October 26 -
Shipping containers are turning Islamabad into ‘Containeristan’
Steel containers used to stop political demonstrations are an eyesore in Pakistan’s verdant capital cityWorld - Financial Times - November 5 -
The Sculpture That Sophie Thatcher, the Star of “Heretic,” Wears as a Necklace
The star of “Heretic” doesn’t always wear the piece made by her twin sister, but keeps it close.Lifestyle - The New York Times - 2 days ago