Portfolio manager Sid Choraria says he likes Alibaba, but that the upside is now less attractive than it used to be. Amazon is “definitely a stock to own.”
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Long-term investor explains why he likes Amazon but is ‘not crazy’ about Alibaba
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Xpeng shares rise, adding to 66% rally after the Chinese EV maker’s losses narrowed
An Xpeng booth at the 2025 Spring International Auto Show in Qingdao, Shandong province, China, on March 7, 2025. Cfoto | Future Publishing | Getty Images Xpeng shares jumped as much as 6% in premarket trading in New York, after the Chinese electric vehicle upstart reported first quarter earnings that were ahead of expectations. The […]
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M&S cyberattack to wipe out nearly one-third of annual profits
A Marks & Spencer Group Plc (M&S) store in Kingston-upon-Thames, UK. Bloomberg | Getty Images British retailer Marks & Spencer said Wednesday that a recent cyberattack, which left food shelves bare and brought online sales to a standstill, will wipe out almost one-third in its annual profits. The company, known for its clothing, homeware and […]
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Sterling gains 0.5% after UK inflation leaps in April: Live updates
M&S cyberattack to cost retailer $400 million People walk past a Marks & Spencer store. Sopa Images | Lightrocket | Getty Images British retail giant M&S said Wednesday that a recent cyberattack, which brought online sales to a standstill and left food shelves bare, would cost it around £300 million ($403 million) in operating profit. […]
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