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JD.com stock is taking a beating on Thursday following news about Tencent giving away its stake in the Chinese e-commerce company.At least, Tencent will give away most of its stake in the company. It announced a special one-time dividend that will have it distributing shares of JD stock to its shareholders. That will have to reduce its ownership of the company’s stock by 457 million. That will drop its stake from 17% to 2.3%.According to Tencent, it’s reducing its stake in JD.com because the com

Paychex Inc is trading higher Wednesday after the company announced better-than-expected fiscal seco

Summary Nvidia's business and technology is second to none and the company has proven it can create

Nike shares rose more than 3% in premarket trading. The company reported fiscal second-quarter earni

Gilead gained in premarket trading as European Commission approved a variation to the Conditional Ma

* UK says COVID surge 'extremely difficult'; Omicron grips Europe * OPEC+ produces below target in N

Japan's Nintendo Co Ltd said on Friday that a global chip shortage which forced the firm to scale ba

(Oct 18) Stock futures fell Monday morning to give back some gains after theS&P 500's best week sinc

Okada Manila, one of the biggest casino resorts in the Philippines, is going public through a merger