business
Alibaba shares fall 5% in premarket trading after posting 86% profit drop - CNBC
Arjun Kharpal
Shares of Alibaba dropped after the Chinese giant's net profit plunged in the fiscal fourth quarter. Here's how Alibaba did in the March quarter versus LSEG consensus estimates: <ul><li>Revenue: 22 ...[Continue Reading]
CNBC
2 months ago
Recent News (Business)
business
Health insurer Elevance cautious on Medicaid business this year - Yahoo Finance
Sriparna Roy and Amina Niasse
By Sriparna Roy and Amina Niasse (Reuters) -Elevance Health signaled medical costs would remain high this year as the insurer expects more claims in the second half from members enrolled in its gove ...[Continue Reading]
Yahoo Entertainment
9 days ago
business
Prologis Says Demand for Data Centers Is Boosting the Industrial Property Outlook - The Wall Street Journal
Denny Jacob
Prologis raised its annual earnings outlook despite a steep decline in revenue in the second quarter, saying that a dwindling pipeline of new warehouses and growing demand for artificial intelligence ...[Continue Reading]
The Wall Street Journal
10 days ago
business
The Trump Trade Is Back, Heres What to Know - Bloomberg
Esha Dey
US investors werent expecting much turbulence from the 2024 presidential election. Voters were familiar with both repeat nominees, who seemed poised for a tight race till the end. But that changed qu ...[Continue Reading]
Bloomberg
10 days ago
business
Alphabets Wiz deal could face DC pushback no matter who wins the White House - Yahoo Finance
Alexis Keenan
Alphabets (GOOG, GOOGL) biggest-ever acquisition could face US pushback no matter who wins the White House this November. The reported $23 billion bid to buy fast-growing cloud cybersecurity firm Wi ...[Continue Reading]
Yahoo Entertainment
10 days ago
business
Taylor Swift May Have Killed an August Rate Cut - Bloomberg
John Stepek
Welcome toMoney Distilled. Im John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Fans (and soon-to-be fans) of the Merr ...[Continue Reading]
Bloomberg
10 days ago