Alibaba Group Holding Ltd (NYSE: BABA) has been a major retail disruptor in China thanks to its creative approach and willingness to embrace technology. This week, the company provided investors with updates on the innovative ways Alibaba is planning to disrupt the Chinese auto market as well.
After weeks of market rumors, Walt Disney Co (NYSE: DIS) announced Thursday it is making a deal with Twenty-First Century Fox Inc (FOXA) to acquire the majority of Fox’s movie studio and cable TV assets.
In 2017, Wal-Mart Stores Inc (NYSE: WMT) has proven that there’s plenty of room for two e-commerce giants to thrive in the U.S. market. According to Stifel analyst Scott Devitt, there’s no need for U.S. investors to pick between Alibaba Group Holding Ltd (BABA) and JD.com Inc (JD) in China.
The Senate is reportedly working on a draft of a house financing reform bill that could have huge implications for Fannie Mae and Freddie Mac. Since 2012, all of Fannie and Freddie’s profits have been turned over to the government under the terms of their bailouts during the financial crisis.
Mattel, Inc. (Nasdaq: MAT) stock tumbled more than 4 percent on Tuesday as investors continue to digest the company’s recent guidance cut and subsequent credit downgrades from three major credit agencies. The credit downgrades dig Mattel’s hole a little bit deeper as it looks to implement an aggressive turnaround plan in coming years.
Less than a month after unveiling its new long-range electric Semi truck, Tesla Inc (TSLA) has received its largest pre-order for the vehicle yet. On Tuesday, a PepsiCo Inc (PEP) executive said the company has ordered 100 Tesla Semis, bringing total known reservations to 267, according to Reuters.
Facebook Inc (Nasdaq: FB) has accumulated a massive user base of customers and has grown into the gold standard of social media. Investors certainly aren’t questioning Facebook’s revenue growth or market returns, but one former Facebook executive says society is paying a steep price for Facebook’s success.
Amazon.com, Inc. (Nasdaq: AMZN) has been a major market disruptor in the U.S. in recent years. But as the company continues to attack new markets in North America, pushing its way into similar markets around the world may come with a unique set of challenges for Amazon.
It’s no secret that Facebook Inc (Nasdaq: FB) and Snap Inc. (SNAP) are competitors in the booming business of social media. However, Facebook may have taken the competition to the next level with its newly-launched independent Instagram messaging app.
Not even a fresh batch of bitcoin short sellers can slow down the cryptocurrency’s bullish momentum. The price of bitcoin surged once again on Sunday following the launch of bitcoin futures trading, but Loup Ventures analyst Gene Munster says he is seeing even more anecdotal evidence of a bitcoin bubble.