[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 27, 2018. Eduardo Munoz | Reuters The Dow Jones Industrial Average on Thursday rallied more than 400 points and the S&P 500 touched a fresh 13-month high, as investors bet the Federal Reserve was close to done … Read more
[ad_1] Alibaba Cloud, the cloud computing subsidiary of Alibaba, unveiled its ChatGPT-style product Tongyi Qianwen during the 2023 Alibaba Cloud Summit on Tuesday morning. Bloomberg | Bloomberg | Getty Images Alibaba announced plans to spin off its cloud division as a separate, publicly-traded company, while the e-commerce titan’s quarterly revenues missed expectations. “We are taking concrete … Read more
[ad_1] Investors should “steel” themselves for a potentially challenging week ahead, with a number of earnings reports that could serve as indicators for the broader economy, CNBC’s Jim Cramer said Friday. Key numbers on retail sales come out Tuesday alongside earnings from Home Depot while Target reports earnings the following day. Those reports will be … Read more