Wall Street eased from record highs after Walmart forecasted slower sales, and saw its stock drop. The outlook raised concerns about consumer spending and economic growth, while investors also assessed signals from the Federal Reserve and trade policy uncertainties.

Alibaba posted a 239% year-over-year jump in net profit in the final quarter of 2024, and Amazon’s quarterly revenue surpassed Walmart’s for the first time.

U.S. stock and bond markets will be closed on Monday for Presidents Day. Then, earnings from Occidental Petroleum, Analog Devices, Alibaba, Booking, Newmont, and Walmart.

Alibaba’s 239% profit surge boosts shares nearly 15%, while Amazon tops Walmart in revenue for the first time. Is tech taking over retail dominance?

Wall Street eases from record highs on concerns about consumer spending, Fed cautiousness, and trade uncertainty. Chinese tech stocks surge.

Chinese tech titan Alibaba posted a startling 239% year-over ... In late 2024, Amazon's quarterly revenue surpassed Walmart's for the first time, in an indication that tech conglomerate is making ...

Stock and bond markets are closed Monday for Presidents Day, but the week ahead is packed with earnings from major companies, Federal Reserve meeting minutes, and key economic data. Walmart (WMT), Alibaba (BABA),

Alibaba (BABA) is due to release its latest quarterly results, with investors focused on growth in its cloud business, in light of recent developments around the company's artificial intelligence (AI) push. Quarterly results from retailer Walmart (WMT ...

Chinese technology shares led gains in Asian stocks after Alibaba Group Holding Ltd. announced its fastest pace of revenue growth in more than a year, boosting optimism toward the sector.

Chinese stocks, meanwhile, surged led by Alibaba Group. Wall Street eased from record highs after Walmart forecasted slower sales, and saw its stock drop. The outlook raised concerns about ...