Alibaba stock was on track for a second day of losses, after the Chinese tech giant revealed Thursday that new U.S. export restrictions on chips are hurting its cloud computing business so much that it canceled plans to spin off the division.
Alibaba Stock Keeps Falling. Analysts Rush to Cut Targets After Spinoff Ditched.
Related Posts
Popular News
Latest News
3 Pickleball Travel Destinations – NerdWallet
The American obsession with pickleball rages on. Last year, nearly 14 million people played pickleball in the U.S., according to...
Fed might have cut rates at July meeting, Powell says By Reuters
By David Lawder and Ann Saphir WASHINGTON (Reuters) - The U.S. central bank might have begun cutting interest rates in...
A Reformed Nail Biter On Her Journey To Healthy, Strong Nails
You wouldn’t know it by looking at my immaculate manicure (I’m writing this wearing a fresh set of gels for...
How to Keep Your Gym Gear From Stinking
We may earn a commission from links on this page. Does your gym bag reek? You’re not alone, but it...
Welcome to Global Finances Daily, your go-to source for all things finance. Our mission is to provide our readers with valuable information and insights to help them achieve their financial goals and secure their financial future.