What happened: Alibaba (BABA) stock climbed more than 8% on Wednesday. What’s behind the move: The Chinese e-commerce and cloud giant reported a 3% increase in fourth quarter revenue on Wednesday. Alibaba’s earnings were weighed down by higher spending on AI initiatives, cloud infrastructure expansion, and continued investment in its rapid-delivery business, which aims to

Shares of Nokia (NOK +11.69%) were up by 12.1% at 2:30 p.m. ET today. The Finnish telecom equipment and services veteran reached a fresh multi-year high, revisiting prices last seen in the spring of 2009. The jump was powered by (yep, you guessed it) a new Nokia service that puts AI agents in charge of

Marc Rowan, the billionaire founder of one of the largest asset management firms in the world, is worried about what he’s seeing in the market. At a time when the S&P 500 and the Nasdaq Composite are hitting one record high after another, Rowan said he now sees as much as a 35% chance of

President Donald Trump and a cavalcade of American business leaders landed in Beijing Wednesday for talks with Chinese leader Xi Jinping, and market bulls are following. Chinese stocks, ETFs and related themes posted some of the biggest rallies in months. Shares of e-commerce giant Alibaba surged 8% despite reporting earnings in the morning that missed

Lucid (NASDAQ: LCID) stock posted big gains in Wednesday’s trading. The company’s share price rose 6.3% in a session that saw the S&P 500 gain 0.5% and the Nasdaq Composite rise 1.2%. Lucid stock had been up as much as 11.8% earlier in the day. After yesterday’s big stock market sell-off driven by a hotter-than-expected

What happened: Apple (AAPL) stock closed at a record high on Wednesday as tech stocks rebounded from a sell-off the previous day. What’s behind the move: Shares of the iPhone maker rose to an intraday high of $300 before closing at a record just below $299. The stock rose alongside some other “Magnificent Seven” names

Palantir (PLTR 4.30%) stock is moving lower again in Wednesday’s trading. The company’s share price was down 4.5% as of 2:50 p.m. ET despite a bullish backdrop for the broader market. The S&P 500 was up 0.7% at the same point in the session, and the Nasdaq Composite was up 1.4%. Stocks are rebounding after

Apple‘s (AAPL +1.57%) iPhone sales increased at a solid clip in the first quarter of 2026, driven by a huge installed base of users that are in an upgrade window and the strong demand for the tech giant’s smartphones in China. Market research firm Counterpoint Research notes that Apple’s iPhone shipments increased by 5% year

Shares of Qualcomm Inc NASDAQ: QCOM are trading around $210 after one of their most explosive rallies in recent years. Just last month, the stock traded as low as $122, but earlier this week it was up near $250. While it’s cooled slightly in the last few sessions, that’s still a rapid gain of more

With SpaceX targeting a $2 trillion valuation at its IPO this summer and raising $75 billion in the process, it will be by far the largest public debut in market history. So it’s worth considering what happened when companies set IPO records in the past. Did the previous five largest IPOs reward Day 1 shareholders?

Although the stock market has been doing well thus far in 2026, with the S&P 500 up around 8% as of May 13, where it will finish the year is anyone’s guess. Not only will the war in Iran likely impact the market, but so too will interest rates and what the new Fed chair

Image source: Getty Images The first rule of predicting a stock market crash is never, ever predict a stock market crash. Why? Because they’re entirely unpredictable. As the world faces the biggest energy shock in its history, I’d have expected global share prices to have gone into meltdown weeks ago. But they haven’t. So why

📌 Top story — scroll down for more updates Amazon Search Bar Turns Into Q&A Engine 10:10 am — AMZN +0.1% Amazon (AMZN 0.13%) is shuttering its Rufus chatbot in a major strategic pivot, making a revamped Alexa assistant the centerpiece of its generative AI shopping experience. The new “Alexa for Shopping” tool integrates search

(Editor’s note: The future prices of benchmark tracking ETFs, and the headline, the lede and the economic were updated in the story.) U.S. stock futures fell on Tuesday after Monday’s higher close. This followed President Donald Trump‘s sharp criticism of Iran’s latest response to a U.S. proposal aimed at ending the conflict, saying the ceasefire

The Morning Bull – US Market Morning Update Wednesday, May, 13 2026 E mini S&P 500 and Nasdaq 100 futures are pointing higher this morning, even as investors digest another hot US inflation print. Headline CPI is running at 3.8% year over year and core CPI at 2.8%, with a 0.6% monthly rise in overall

Global markets have recently shown resilience, with U.S. equity markets rallying on the back of strong corporate earnings and a robust labor market, while European indices experienced modest gains amid easing geopolitical tensions. Despite these positive trends, certain stocks remain undervalued relative to their intrinsic value estimates, presenting potential opportunities for investors who focus on

U.S. stock futures were mixed on Wednesday after Monday’s mostly lower close. Dow Jones futures fell, whereas S&P 500 and Nasdaq 100 indices were rising. This follows President Donald Trump‘s visit to China along with Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang, Tesla Inc.‘s (NASDAQ:TSLA) Elon Musk, Apple Inc.’s (NASDAQ:AAPL) Tim Cook, BlackRock Inc.‘s (NYSE:BLK) Larry

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. New York —  Eye-popping investments in tech infrastructure. Lofty predictions for workforce transformation. Heavy speculation in financial markets. Is it 1999 all over again? For a handful of veteran Wall Street analysts, the dot-com