FedEx to Close Offices, Park Aircraft After Warning of Sales Shortfall

Updated Sept. 15, 2022 5:42 pm ET Listen to article (1 minute) FedEx said its quarterly revenue fell below its expectations and it was closing offices and parking aircraft to offset declining volumes of packages moving around the world. FedEx shares tumbled 13% on the warning, which came after markets were closed Thursday and about … Read more

Chevron, Micron and 18 More Stocks Goldman Recommends to Ride Out the Storm

Text size Qualcomm is one of the 20 stocks on Goldman Sachs’ ‘margin of safety’ list. Pau Barrena /AFP via Getty Images Exxon Mobil , Qualcomm , Micron and Chevron are just some of the 20 “margin of safety” stocks Goldman Sachs recommends as macroeconomic and geopolitical headwinds have roiled U.S. stocks markets. The Russian … Read more

DiDi Stock Plunges. An SEC Probe Has Alibaba and JD.com Investors On Edge Too.

Text size DiDi headquarters in Beijing AFP via Getty Images Shares in DiDi Global plunged Wednesday after the embattled Chinese ride-hailing company said it was facing a Securities and Exchange Commission investigation into its initial public offering last year. Other Chinese tech stocks were dropping. American depositary receipts of DiDi (ticker: DIDI) lost 5% in … Read more

Alibaba Stock Is Really Hurting. Why It Might Not Bounce Back Anytime Soon.

Text size Shares of Alibaba have notched massive declines. Greg Baker/AFP via Getty Images Investors in Alibaba Group Holding are used to pain. But the stock is really hurting this time, falling more than 20% in just four days. Shares in the e-commerce giant were getting hit again Tuesday. Alibaba is caught up in a … Read more

JD.com Stock Sinks After Earnings Top Estimates but Revenue Growth Slows

Text size A JD.com distribution center in Beijing. Greg Baker/AFP via Getty Images Shares of JD.com fell sharply Thursday after the Chinese e-commerce giant reported fourth-quarter earnings that topped analysts’ forecasts but slower sales growth. U.S.-listed shares of JD.com (ticker: JD) declined 17% on Thursday to $51.78. JD.com reported net revenue in the quarter of … Read more

Stocks Are on a Wild Ride. 20 Bargains to Buy Now, According to Barron’s Roundtable Experts.

Fed be nimble, Fed be quick. The quicker, the better, in fact. Hike interest rates, shrink your balance sheet, and let’s be done with it all before the stock market sinks even further. The market’s recent selloff began in late December, and has gathered considerable steam since the annual Barron’s Roundtable took place on Jan. … Read more