Alibaba’s on-demand online services unit valued at $30 billion: sources

Alibaba Group’s newly formed on-demand online services unit has rocketed in value to as much as $30 billion after raising […]

Michael Kors misses revenue estimates as European sales take hit

Michael Kors (KORS.N) missed Wall Street’s quarterly revenue estimates for the first time in almost two years, as the luxury […]

Apple warns on holiday sales, sending value below $1 trillion

Apple Inc on Thursday warned that sales for the crucial holiday quarter would likely miss Wall Street expectations, which Chief […]

Bunge expands board under activist pressure, shares drop

Bunge Ltd said it will add four directors to its board and create a strategic review committee to explore options […]

Facebook expects rising costs to combat scandals to moderate after 2019

Facebook Inc (FB.O) on Tuesday relieved investors by forecasting that margins would stop shrinking after 2019 as costs from scandals […]

Alphabet misses Wall Street revenue estimates; shares fall

Google parent Alphabet Inc on Thursday missed analysts’ quarterly revenue estimates for the first time in at least two years […]

In less than a month, Tesla’s tumbling stock has made short sellers $1.9 billion

• In recent days, Tesla (NASDAQ:TSLA)’s stock has come under serious pressure, dropping 8.2% on Tuesday as analysts questioned Model […]