Markets > New York

Another Jack Ma company could break the world's IPO record. But this time, the U.S. is missing out

29 days ago   |   By Fortune

On the morning of Sept. 19, 2014, the opening bell rang in the New York Stock Exchange, and a crescendo of cheers, whistles, and applause erupted on the crowded trading floor. Alibaba Group, the Chinese e-commerce giant that Jack Ma founded in 1999, had broken the record for the largest initial public offering in history .
As the bell clanged in Manhattan, fireworks exploded in the night sky above Alibaba's headquarters in Hangzhou, China, where hundreds of company employees had gathered outdoors in the rain for the occasion. A live feed of the exchange floor played on a huge screen...
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Global markets lower after Wall St declines for third week

Global markets lower after Wall St declines for third week

29 days ago   |   By Stl Today

BEIJING - Global stock markets and U.S. futures tumbled Monday after Wall Street fell for a third straight week and investors were rattled by U.S.-Chinese tension over technology and security and a rise in British coronavirus infections.
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Global stocks slide as France, Spain, and the UK record thousands of new COVID-19 cases

Global stocks slide as France, Spain, and the UK record thousands of new COVID-19 cases

29 days ago   |   By Business Insider

Brendan McDermid/Reuters
Global stocks fell on Monday, as surging cases of COVID-19 in Europe rattled investors over the largest regional outbreak in recent weeks. Shares of European banks dragged regional indices lower following reports that they moved large sums of money from suspicious transactions over nearly twenty years. US futures pointed to a fourth day of declines later on when Wall Street opens. British pharma group AstraZeneca's US clinical trial of a COVID-19 vaccine is still on hold. The US ban on all new downloads of TikTok and WeChat is also on hold as President Donald Trump...
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Global stocks slide as France, Spain, and the UK record thousands of new COVID-19 cases

Global stocks slide as France, Spain, and the UK record thousands of new COVID-19 cases

29 days ago   |   By Business Insider

Summary List Placement
Global stocks fell on Monday, as surging cases of COVID-19 in Europe rattled investors over the largest regional outbreak in recent weeks.
Shares of European banks dragged regional indices lower following reports that they moved large sums of money from suspicious transactions over nearly twenty years.
US futures pointed to a fourth day of declines later on when Wall Street opens.
British pharma group AstraZeneca's US clinical trial of a COVID-19 vaccine is still on hold .
The US ban on all new downloads of TikTok and WeChat is also on hold as President Donald Trump...
Read more ...

 


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The 10 hottest housing markets from a record-breaking September

The 10 hottest housing markets from a record-breaking September

Summary List Placement September was a record-breaking month for the US housing market. Per a Redfin report , the national median home price rose 14.4% year-over-year in... Read more ...

AMC theater chain plunges 14% after it warns of potential bankruptcy and...

AMC theater chain plunges 14% after it warns of potential bankruptcy and says it plans to raise cash

Summary List Placement AMC plummeted 14% on Tuesday after it warned that it could file for bankruptcy protection if it's unable to increase its cash position, according to a... Read more ...

US stocks rise as traders weigh earnings reports against Google antitrust report

US stocks rise as traders weigh earnings reports against Google antitrust report

Summary List Placement US stocks rose on Tuesday amid a flurry of positive earnings reports, continued fiscal stimulus negotiations, and the DOJ filing an anti-trust suit... Read more ...

A fund manager who's doubling up the competition in 2020 tells us his...

A fund manager who's doubling up the competition in 2020 tells us his strategy for investing in the 'K-shaped' economic recovery - and details the only 2 stocks he added as the market recovery took off

Summary List Placement As the stock market's dramatic comeback from its March lows hit a major speed bump and volatility increased, a lot of investors scrambled to reposition... Read more ...

AT&T, T-Mobile, and Verizon have employed aggressive promotional pricing for...

AT&T, T-Mobile, and Verizon have employed aggressive promotional pricing for the iPhone 12 lineup

Summary List Placement Apple announced last week that its iPhone 12 would start at $799, but that won't be the case for all US customers. The $799 starting price is part of a... Read more ...

Stocks open higher on Wall Street following solid earnings

Stocks open higher on Wall Street following solid earnings

NEW YORK - Stocks are opening higher on Wall Street as traders look over several solid earnings reports from U.S. companies. They're also monitoring last-ditch efforts in... Read more ...

Democratic elections sweep may be good for stock market in the short-run...

Democratic elections sweep may be good for stock market in the short-run, but ‘the dollar is going to get KILLED' - Peter Schiff

As markets begin to handicap the US presidential race, they seem to be viewing a Biden win as a positive for the stock market, which doesn't really make sense, according to... Read more ...

Corporate restructuring needs could surpass 2008 levels amid a surge in junk...

Corporate restructuring needs could surpass 2008 levels amid a surge in junk debt, BlackRock says

Summary List Placement The scale of corporate restructuring could surpass financial-crisis highs on a swelling pile of junk-rated debt, BlackRock said Monday. Sub-investment... Read more ...

EBay Ads: Big Data Advertising for B2C and B2B

EBay Ads: Big Data Advertising for B2C and B2B

We look at what eBay Ads brings to the retail game, how much it costs and why advertisers might want to spare some ad budget for this new platform. As the retail advertising... Read more ...

Nasdaq's CEO says the cloud is the 'future of the industry' and the tech...

Nasdaq's CEO says the cloud is the 'future of the industry' and the tech could be used to conduct actual trading within the next decade

Summary List Placement A top executive at a key player in Wall Street's ecosystem is fully sold on the power of cloud computing. Adena Friedman, Nasdaq's CEO, said the... Read more ...