[ad_1] Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Brendan McDermid | Reuters BEIJING — It’s been a tumultuous 12 months for Alibaba, casting doubt on the future of the tech giant just as... Continue reading

[ad_1] It’s a level not seen since George W. Bush was president. Wall Street forecaster Jim Bianco is predicting the benchmark 10-year Treasury note yield will hit 5.5% this year — its highest level since May 2001. A major part of his thesis is built... Continue reading

[ad_1] Check out the companies making headlines in midday trading. Xerox — Xerox shares sank more than 12% after the digital printing company announced plans to cut 15% of its workforce in the first quarter as part of a broader restructuring effort. SoFi Technologies —... Continue reading

[ad_1] Georgijevic | E+ | Getty Images Stocks’ runup likely won’t persist Falling interest rates are generally a boon for the stock market, advisors said. Among the reasons: Businesses can borrow money more cheaply and are more likely to make big investments in their companies... Continue reading

[ad_1] Check out the stocks making the biggest moves in premarket trading. Bloomin’ Brands — Shares of the restaurant company rose more than 5% after the Outback Steakhouse parent announced it added two new members to its board. The change comes as part of an... Continue reading

[ad_1] Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with the market’s tepid start to the year. From enthusiasm surrounding the “Magnificent Seven” technology stocks to expectations for multiple interest rate cuts this year,... Continue reading

[ad_1] Check out the companies making the biggest moves in premarket trading: Apple — Apple shares lost 2% before the bell after Barclays downgraded the iPhone maker to underweight, citing weak iPhone 15 volumes, along with Macs, iPads, and wearables. In addition, Apple’s widening P/E... Continue reading

[ad_1] Check out the companies making headlines in midday trading. Moderna — The drugmaker jumped 16% following an upgrade to outperform by Oppenheimer. The firm said Moderna’s multiple product launches in the next 12 to 18 months should help top-line sales start to grow in... Continue reading

[ad_1] BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC BEIJING — BYD said Monday it produced more than 3 million new energy vehicles... Continue reading