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Alibaba shares fall 6% after the Chinese tech giant posts 86% drop in profit
Alibaba posted a beat on revenue in its fiscal fourth quarter ended in March, but the Chinese e-commerce giant's net profit plunged.CNBC - Business -
Why are GameStop shares on the rise again?
The stock for video game retailer GameStop closed up 74% on Monday, harkening back to the buying frenzy in January 2021 fueled by traders on Reddit. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to ...CBS News - Top stories -
GameStop shares surge for a second day
GameStop shares rallied in premarket trade for a second day on Tuesday, extending gains when the investor most linked to the company’s 2021 explosion had a social-media post for the first time in three years.MarketWatch - Business -
AI Is Electrifying These Power Producers' Shares
The outlook for higher electricity demand is lifting share prices to new heights at Vistra, NRG and Constellation Energy.The Wall Street Journal - World - Artificial Intelligence -
New law will clear Post Office scandal victims
Wrongful convictions based on Horizon evidence will be quashed if the emergency legislation is passed.BBC News - Top stories -
Period trackers 'coercing' women into sharing risky information
Research finds poor data management practices such as not being able to delete data about abortions.BBC News - Top stories -
GameStop shares slide as meme stock fervor fades
Shares of GameStop, AMC Entertainment and other so-called meme stocks dipped ahead of the start of trade on Wednesday.CBS News - Top stories -
CDC to publicly post wastewater data amid bird flu outbreak
As bird flu spreads among cows in the U.S., the CDC plans to publicly post data on a specific influenza virus found in wastewater. Dr. Celine Gounder, CBS News medical contributor and editor-at-large for public health at KFF, joins to break down ...CBS News - Top stories -
Foxconn Posts Profit Surge as It Bets on AI for Long-Term Growth
The world’s largest contract electronics manufacturer backed its upbeat outlook for the year after posting a surge in first-quarter profit.The Wall Street Journal - World -
My emails look ludicrous, says ex-Post Office PR boss
During his time at the Post Office, Mark Davies presided over an aggressive media strategy.BBC News - Top stories -
Foxconn Posts Profit Surge as It Bets on AI for Long-Term Growth
The world’s largest contract electronics manufacturer backed its upbeat outlook for the year after posting a surge in first-quarter profit.The Wall Street Journal - Business -
UK's puffin protection laws at centre of post Brexit row
The endangered puffin - one of Britain’s most iconic seabirds - is at the centre of a battle over the UK’s post Brexit freedoms.BBC News - Top stories -
Singapore Airlines Posts Record Annual Profit on North Asia Rebound
Singapore’s flag carrier attributed the increase in profit to air travel demand boosted by a rebound in North Asia, with China, Hong Kong, Japan and Taiwan fully reopening their borders.The Wall Street Journal - World -
GameStop, AMC Shares Soar as Meme-Stock Comeback Continues
Both stocks added about 40% premarket and were among the most heavily traded shares in off-hours action.The Wall Street Journal - World -
GameStop and AMC Shares Soar as Meme Stock Revival Continues
A heady market rally extended to a second day after Keith Gill, the trader known as Roaring Kitty who rallied small investors to buy out-of-favor stocks in the pandemic, returned to social media.The New York Times - Business -
Delivery Hero shares rally on deal to sell Taiwan business, and a stake, to Uber
Delivery Hero shares rallied Tuesday as the German-listed food delivery company agreed to sell its Taiwan business, and a minority stake, to Uber Technologies.MarketWatch - Business -
It's no surprise to see Amazon shares lower after cloud CEO shakeup
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
GameStop and AMC shares surge for second day in ‘meme stock’ revival
Video game retailer climbs more than 50%, while cinema chain up more than 20%Financial Times - Business