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Futures tracking the Dow hit a record high on Thursday ahead of earnings reports from companies incl

$Alibaba$ posted financial result in premarket, which showed that:. Alibaba Q1 revenue RMB205.74 bln vs. RMB153.75 bln a year ago; FactSet consensus RMB209.11 bln.Alibaba Q1 adj. EPS RMB16.60 vs. RMB14.82 a year ago; FactSet consensus RMB14.33.Revenue was RMB205,740 million , an increase of 34% year-over-year. Excluding the consolidation of Sun Art, our revenue would have grown 22% year-over-year to RMB187,306 million .Annual active consumersof the Alibaba Ecosystem across the world reached app

The odds of a rapid rebound for fintech play SOFI stock appear dim. AsSoFiTechnologies(NASDAQ:SOFI)

Riding the Oracle of Omaha's coattails is a moneymaking proposition.

Summary IBM beat analysts’ second-quarter earnings as cloud revenue and operating margins improved.

NEW YORK - Big tech helped Wall Street inch up to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings prompted a pivot back to growth stocks.A pull-back in economically sensitive cyclicals kept the S&P 500’s and the blue-chip Dow’s gains muted, while small-caps underperformed their larger rivals.“The market is flip-flopping between the view that economic growth has almost peaked so you need to buy stocks that manufacture thei

NEW YORK, July 21 (Reuters) - Wall Street stocks posted their second straight daily gain on Wednesda