Alibaba shares soar 15% in Hong Kong on news of major overhaul
Alibaba in its announcement to split its company into six business groups is aimed to "unlock shareholder value." Source link
Read more
Finance
As volatility persists, this is what investors can expect in the second quarter — according to history
CNBC Pro looks at what could happen to stocks in the second quarter, after a rebound in the first quarter
Read more
Jamie Dimon is being deposed over JPMorgan Chase role in Epstein lawsuits
The suits allege that New York-based JPMorgan Chase ignored red flags about Jeffrey Epstein. Source link
Read more
Google’s failure to preserve employee messages in Epic antitrust case merits sanctions, judge says
A federal judge in California ruled on Tuesday that Google should be punished for not properly preserving employee messages about
Read more
Lululemon shares jump as holiday-quarter sales surge
Lululemon's quarterly results beat Wall Street's expectations, sending shares higher. Source link
Read more
Lucid to cut 1,300 workers amid signs of flagging demand for its EVs
Lucid CEO Peter Rawlinson said the job cuts will hit "nearly every organization and level, including executives." Source link
Read more
Hedge funds are dumping these stocks most exposed to tight financial conditions
Hedge funds turned bearish on financials and other stocks exposed to tightening credit conditions, according to Goldman. Source link
Read more
Stocks making the biggest moves midday: Micron, Paramount, McCormick and more
Check out the companies making headlines in midday trading Tuesday. Source link
Read more
Roth IRAs don’t require withdrawals — unless they’re inherited. Here’s what you need to know
Roth individual retirement accounts don't carry required minimum distributions during the owner's lifetime. But those rules change when they die.
Read more