Thursday, June 13, 2024

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Oracle Corp’s (NYSE: ORCL)...

Oracle Corp (NYSE: ORCL) falls down to its knees, share dropped over 12.15%...

RTX Corp (NYSE: RTX)...

RTX Corp (NYSE: RTX) experienced a notable decline of -7.22%, amounting to $6.03...

GameStop Corp. (NYSE:GME) Quarter...

GameStop Corp. (NYSE: GME) to announce its second quarter fiscal 2023 results after...

Advanced Micro Devices (NASDAQ:AMD)...

Shares of Advanced Micro Devices (NASDAQ:AMD) drops 0.38% in afterhours in last trading...

Category: BABA

Alibaba Group Holding Ltd’s (NYSE:...

Shares of Alibaba Group Holding Ltd -...

Alibaba Group (NYSE:BABA) Vows to...

Alibaba Group Holding Ltd - ADR (NYSE:BABA)...

Alibaba Group Holding Ltd’s (NYSE: BABA) Asian Unit Daraz is Laying off 11% Workforce

Shares of Alibaba Group Holding Ltd - ADR (NYSE: BABA) move up 1.10% in pre trading session on Tuesday as Daraz Group, an Alibaba-owned e-commerce platform, is reducing its workforce in the Indian subcontinent by 11% due to 'current market reality,' according to Chief Executive Officer Bjarke Mikkelsen, implying 300 job losses. According to Daraz, the layoffs will affect 3,000 full-time regional employees. The reasons for the cuts included a difficult market environment, the Ukraine crisis, supply chain disruptions, soaring inflation, higher taxes, and fewer government subsidies, according to Mikkelsen's...

Alibaba Group Holding...

Shares of Alibaba Group Holding Ltd - ADR (NYSE: BABA) move up 1.10% in pre trading session on Tuesday as Daraz Group, an Alibaba-owned...

Alibaba Group (NYSE:BABA)...

Alibaba Group Holding Ltd - ADR (NYSE:BABA) rose over 1.16% in pre trading session on Tuesday as travel restrictions loosen across Asia, Alibaba Group...
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