CNBC Daily Open: ‘Crazy’ summer
Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 20, 2024. Michael M. Santiago | Getty Images This report is from today’s CNBC …
Retail sales
Wall Street extends winning run
Traders work the floor of the New York Stock Exchange on August 16, 2024. Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our …
Wall Street extends winning run
Traders work the floor of the New York Stock Exchange on August 16, 2024. Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our …
Alibaba’s long-awaited China stock link may provide timely boost
Chinese investors finally being able to buy shares of Alibaba Group Holding may provide a much-needed boost for the e-commerce firm’s stock, with an inflow of up to about US$20 …
China’s stock investors cannot gauge sentiment as regulator cuts access to key data
China’s stock exchanges have stopped real-time data feed on foreign inflows into onshore equities from Monday, stripping domestic traders of a gauge of market sentiment, as regulators seek to downplay …
AI demand returns Alibaba Cloud to company growth engine as e-commerce slows
AI investment has boosted the company’s revenue in search and recommendation scenarios, Chen said, and helped increase the frequency with which shoppers repurchase products on the company’s e-commerce platforms such …
JD.com profit surges in second quarter after slashing prices, installing trade-in programme
Chinese online shopping giant JD.com reported a 92 per cent year-on-year jump in quarterly net income to 12.6 billion yuan (US$1.7 billion), despite a flattish revenue, as better operational efficiencies …
CNBC Daily Open: Live long and prosper
Traders work on the floor of the New York Stock Exchange during morning trading on May 31, 2024 in New York City. Michael M. Santiago | Getty Images This report …
Retail sales July 2024:
An H&M store is seen in Herald Square on July 01, 2024 in New York City. Michael M. Santiago | Getty Images Consumer spending held up even better than expected …
Passenger vehicle sales drop for first time in 2.5 years
Passenger vehicle sales fell for the first time in two and a half years in July amid sluggish demand and high dealer inventory, reflecting a broader slowdown in consumer spending …