Wall Street’s new e-commerce darling just overtook Alibaba in market place cap — a single analyst says it truly is a ‘standout advancement stock’

Wall Street’s new e-commerce darling just overtook Alibaba in market place cap — a single analyst says it truly is a ‘standout advancement stock’




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U.S. stocks are at record highs, but the outlook for the world’s largest economy is no clearer
World

U.S. stocks are at record highs, but the outlook for the world’s largest economy is no clearer

Traders work at the New York Stock Exchange on June 18, 2025. NYSE U.S. stocks have strongly rebounded after a rough start to the year, even as the outlook for the world’s largest economy and its interest rates remains as uncertain as ever. Economic modeling is “very difficult” right now because “things are changing constantly,” […]

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Treasury yields tick lower as Trump’s spending bill in focus
World

Treasury yields tick lower as Trump’s spending bill in focus

U.S. Treasury yields moved lower as investors monitored whether the Senate would pass President Donald Trump’s divisive spending bill over the next few hours. At 3:59 a.m. ET, the benchmark yield was 2 basis points lower at 4.257%, and the 30-year yield moved 3 basis points lower to 4.814%. Meanwhile, the  2-year yield was little changed […]

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British pound gains as UK-U.S. trade deal cuts autos, aviation tariffs
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British pound gains as UK-U.S. trade deal cuts autos, aviation tariffs

Join CNBC for live updates on European markets. Source

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