Sunday, August 14, 2022

Analysis: Tencent and Alibaba, whose stocks have dropped 60% and 65% respectively since February 2021, have lost more market value than any other stock globally (Jeanny Yu/Bloomberg)

Jeanny Yu / Bloomberg:
Analysis: Tencent and Alibaba, whose stocks have dropped 60% and 65% respectively since February 2021, have lost more market value than any other stock globally  —  Just 18 months ago, Tencent Holdings Ltd. was on the cusp of becoming Asia's second trillion-dollar company …



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...