Alibaba’s Profit Plunges and the Stock Rises. Thank Trump and Xi.
Alibaba Group Holding stock was rising on Wednesday as reports of potential progress on lowering U.S.-China tariffs outweighed a mixed earnings report….
Read articleMatch Group beats revenue estimates as Hinge grows, Tinder resets amid AI push
Match Group (MTCH.O) posted first-quarter revenue above estimates on Tuesday, driven by the solid performance of dating app Hinge and early….
Read articleIn AI We Trust: Why Spending Is So Buoyant
Who wants to go first? President Trump’s announcement that the U.S. will guide stranded ships through the Strait of Hormuz, but not with military escorts…
Read articleAnthropic Rattled Software Stocks. How the White House Rode to the Rescue.
Software companies have been on edge about the launch of artificial-intelligence start-up Anthropic’s latest AI release. But the White House might…
Read articleStarbucks’ US Rebound Shows Turnaround Plans Are Resonating
Starbucks Corp. is winning over American diners with cushier seats, more appetizing pastry displays and speedier service. The coffee chain on Tuesday…
Read articleIs Nike’s Next Focus an Expanded Presence in Team Sports?
Professional team sponsorships in soccer and lacrosse will help Nike expand and build out its presence in other sports categories separate from its rejuvenation…
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