big tech

Shares of Alibaba Group Holding Limited (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Baidu Inc. (NASDAQ: BIDU) and Tencent Holdings Inc. (OTC: TCEHY) fell in Hong Kong on Monday, while Xpeng Inc. (NYSE: XPEV) and Li Auto Inc. (NASDAQ: LI) traded higher. What’s Moving: Chinese e-commerce giant...

Facebook Inc (NASDAQ: FB) said on Sunday it would be creating 10,000 new jobs in the European Union over the next five years. What Happened: The social media company said the new hirings are aimed at building "the metaverse," — a reference to shared online experiences...

Apple Inc.’s (NASDAQ: AAPL) music streaming service Apple Music may soon arrive on Sony Group Corp.’s (NYSE: SONY) PlayStation 5 console. What Happened: A Reddit user recently posted a photo on the r/AppleMusic subreddit about him receiving an option to download the Apple Music app...

Alibaba Group Holding Limited’s (NYSE: BABA) earnings forecast has been cut by analysts to a one-year low just as the Chinese e-commerce giant prepares to announce its second-quarter earnings results early next month, Bloomberg reported Thursday. What Happened: The analysts have cut their...

Shares of JD.Com Inc. (NASDAQ: JD), Baidu Inc. (NASDAQ: BIDU), Tencent Holdings Inc. (OTC: TCEHY), Xpeng Inc. (NYSE: XPEV) and Li Auto Inc. (NASDAQ: LI) rose as trading resumed in Hong Kong on Friday after a two-day break, while Alibaba Group Holding Limited (NYSE: BABA) opened lower. What’s...

Amazon.com Inc. (NASDAQ: AMZN) is planning to buy used long-range Boeing Co. (NYSE: BA) and Airbus SE (OTC: EADSY) cargo planes that can fly directly from China to the U.S., Bloomberg reported Wednesday. What Happened: Amazon is shopping for refurbished cargo versions of 10 Airbus A330-300 aircraft...

Wedbush analyst Daniel Ives said the iPhone story is “unchanged” despite chip shortage leading to expectations of a holiday iPhone crunch.  The Apple Analyst: Ives has an “outperform” rating on the Tim Cook-led company with a 12-month price target of $185. The Apple...

Shares of Alibaba Group Holding Limited (NYSE: BABA) and other major Chinese companies listed in the U.S. including JD.Com Inc. (NASDAQ: JD), Baidu Inc. (NASDAQ: BIDU), Tencent Holdings Inc. (OTC: TCEHY), Li Auto Inc. (NASDAQ: LI) and Xpeng Inc. (NYSE: XPEV), are not trading in Hong Kong on...

Apple Inc (NASDAQ: AAPL) would reportedly cut production of its iPhone 13 smartphones for 2021 by 10 million units due to the ongoing chip shortage. What Happened: The Tim Cook-led company had expected to make 90 million iPhone models in the final quarter of 2021, but now has informed its...

Shares of Alibaba Group Holding Limited (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Baidu Inc. (NASDAQ: BIDU), Tencent Holdings Inc. (OTC: TCEHY) and Li Auto Inc. (NASDAQ: LI) are all trading lower in Hong Kong on Tuesday, while Xpeng Inc. (NYSE: XPEV) is trading slightly higher. What’s Moving:...

Facebook Inc (NASDAQ: FB) may bring in new measures on the network of its apps including Instagram that would prompt teenagers away from harmful content, Reuters reported on Sunday, citing an executive with the social media company. What Happened: Facebook’s vice president of global affairs...

Shares of Meituan (OTC: MPNGF), Alibaba Group Holding Limited (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Baidu Inc (NASDAQ: BIDU), Tencent Holdings (NASDAQ: TCEHY), and BYD Co (OTC: BYDDY) are all trading higher in Hong Kong on Monday. What Happened: Shares of food delivery giant Meituan are...

The Qraft AI-Enhanced US Large Cap ETF (NYSE: QRFT) has retained its holdings in “big tech” companies such as Microsoft Corp. (NASDAQ: MSFT), Apple Inc. (NASDAQ: AAPL) and Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL), while reducing or divesting its stake in Facebook Inc. (NASDAQ: FB)....

The Qraft AI-Enhanced US Large Cap Momentum ETF (NYSE: AMOM), an exchange-traded fund driven by artificial intelligence, has retained its stake in e-commerce giant Amazon.com (NASDAQ: AMZN), while raising its stake in Home Depot Inc. (NYSE: HD) and acquiring stakes in retailers Lowe’s...

Shares of Alibaba Group Holding Limited (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Baidu Inc. (NASDAQ: BIDU), Tencent Holdings Inc. (OTC: TCEHY), Xpeng Inc. (NYSE: XPEV) and Li Auto Inc. (NASDAQ: LI) are all trading higher in Hong Kong on Friday even as the benchmark Hang Seng Index drifted lower...