Text size Alain Jocard / AFP via Getty Images Shares of Alibaba Group Holding traded modestly lower on Thursday despite posting results in June that were slightly better than Wall Street expectations. For the four-year period, the China-based e-commerce giant posted revenue of $ 21.8 billion, up 34% from a …
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Text size Chinese retail sales fell unexpectedly in July. Getty Images The S&P 500 closed Friday almost unchanged, as investors mixed data weighing on consumer confidence and retail sales against an upcoming trade meeting between Chinese and U.S. officials. While headline U.S. retail sales figures missed forecasts, with a monthly …
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Text size Transversospinales / Dreamstime Let us assume that the Trump administration is advancing its threats to stop American companies from working with both ByteDance unit TikTok and Tencent Holdings-owned WeChat. What will the Chinese government do in response? Amber analyst Toni Sacconaghi has pondered that question. He owns both …
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