Shares of Alibaba tumble over 3% after outgoing CEO unexpectedly quits cloud business
The move comes just months after announcing a June announcement that Zhang was departing as chairman and CEO of Alibaba Group to focus on the cloud intelligence unit.
Watch a hotel room transform into a $62,000 suite for the Singapore Grand Prix
From room transformations to housekeeping at night, hotels adjust to Singapore’s F1 night race with “all hands on deck” staffing, reports CNBC’s Monica Pitrelli.
How this aggressive growth fund beat the S&P 500 without Nvidia or Big Tech
The Needham Aggressive Growth Fund is outperforming the S&P, and there’s one notable difference in its holdings: Apple is its only Big Tech stock.
These 10 China-focused ETFs are up this year — and one is expected to rise by another 40%
An ETF exclusively holding U.S.-listed shares of Chinese companies has the biggest upside potential at nearly 40%.
Asia stocks start the week mixed, ahead of key data from China and India this week
India’s inflation data will be out Tuesday, while China will release industrial output, home sale prices, and retail sales on Friday.
CNBC Daily Open: No news is good news
To markets already jolted by a downbeat August and desperate for more signs of the interest rate trajectory, good news was bad news and bad news was bad news.
Novak Djokovic takes the U.S. Open title at age 36
The Serbian fortified his record as the man with the most Grand Slam titles in tennis by winning the U.S. Open in straight sets against Daniil Medvedev, 27
Stocks notch back-to-back wins Monday, Nasdaq pops 1% as tech shares rebound: Live updates
Investors bought up tech shares in the wake of recent weakness.
What China slowdown? Three Chinese companies making big money globally
Chinese companies, including startups, have pushed abroad as growth at home has slowed.
US, Saudi Arabia in talks to secure metals in Africa, Wall Street Journal reports
US, Saudi Arabia in talks to secure metals in Africa, Wall Street Journal reports
