Carvana, SoFi, Alibaba, Tesla, and More Stock Market Movers

Text size Carvana stock was surging Monday. MARK RALSTON/AFP/Getty Images Stocks were falling Monday as investors traded cautiously ahead of the Federal Reserve’s decision on interest rates this week and earnings from some of the world’s largest technology companies. These stocks were making moves Monday: Carvana (CVNA) stock surged 36% Monday after jumping nearly 20% … Read more

Tesla, Apple, Rivian, Alibaba, and More Stock Market Movers Wednesday

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/tesla-apple-rivian-alibaba-stock-market-movers-51672761738 Updated Jan. 4, 2023 5:22 am ET / Original Jan. 4, 2023 4:26 am ET Order Reprints Print Article

U.S. stocks have worst day in nearly three weeks as hawkish Fed speak, China worries rattle markets

U.S. stocks had their worst day in nearly three weeks on Monday as protests in China raised global-growth risks and Federal Reserve officials said more interest-rate increases will be needed to subdue inflation. How stocks traded The Dow Jones Industrial Average DJIA, -1.45% finished down by 497.57 points, or 1.5%, at 33,849.46, not far from … Read more

Alibaba and JD.com Stocks Are Rising. Don’t Thank Singles Day Sales Results.

Alibaba and JD.com stocks were rising on Monday, but the price action didn’t seem to be driven by sales results from the closely-watched annual Singles Day event. Alibaba (ticker: BABA) was up 2.5% in U.S. premarket trading, with shares in e-commerce peer JD.com (JD) gaining 3.5%, beating out futures tracking both the S&P 500 index … Read more

Chinese Stocks Stagnant After Monday’s Plunge

Chinese stock markets Tuesday continued to trade around Monday’s lows when they plunged after President Xi Jinping received a further five-year term as leader of China. Hong Kong’s Hang Seng Index closed down 0.1% on Tuesday after dropping more than 6% to a new 13-year low on Monday. On the mainland the Shanghai Composite Index … Read more

Why I started a family as a trainee at a Magic Circle law firm: ‘There was no right time’

Gillian Boateng is an employment lawyer in the London office of US law firm Skadden, Arps, Slate, Meagher & Flom  From a young age, it was always clear to me that I wanted a successful career. It was also clear to me that I wanted a family of my own and, if possible, I would want … Read more

Johnny Depp’s law firm Brown Rudnick has big plans in London

The live-streamed US libel trial of actor Johnny Depp against his ex-wife Amber Heard dominated the internet for just over a month. But the fervent Google searches also threw his law firm, Brown Rudnick, into the blazing spotlight. Now the 146th largest law firm in the US by revenue is capitalising on its new-found online fame by plotting a London … Read more

Alibaba Stock Has Slumped This Week. Here’s Why.

Text size Alibaba shares have slumped since the company said it would apply for a primary listing in Hong Kong. (Photo by GREG BAKER/AFP via Getty Images) Shares of Alibaba , the Chinese e-commerce giant, fell sharply Friday following a report that said billionaire Jack Ma plans to cede control of Ant Group. Alibaba (ticker: … Read more

Ex-SFO lawyer accused of calling FBI agent a ‘c***’ was unfairly dismissed, tribunal says

A former Serious Fraud Office lawyer was unfairly dismissed after he allegedly insulted a US Federal Bureau of Investigations agent in a London pub, a tribunal ruled. Tom Martin was the SFO’s chief lawyer on its investigation into claims that top executives at Monaco-headquartered Unaoil paid bribes for oil contracts in Iraq.  However, in 2018 he was suspended from … Read more

SFO bosses’ ‘gullibility and arrogance’ slammed in Unaoil fiasco as third conviction quashed

The Serious Fraud Office has been hit with two reports slamming its conduct on the same day the Court of Appeal overturned a conviction related to the agency’s ill-fated Unaoil investigation. At the centre of it all is Lisa Osofsky, the agency’s director, whose actions contributed to overturned convictions, according to the independent report into the … Read more