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Shared micromobility company Helbiz said it will do a reverse stock split in an attempt to get back into compliance with the Nasdaq, which issued the company a delisting notice last July because its stock was trading too low. Helbiz is also rebranding to Micromobility.com Inc. to position itself as a micromobility brand that offers

Alibaba's logistics unit is seeking Hong Kong IPO. Bloomberg: Citigroup is speaking with Cainiao. Valuation said to be $20 billion. BABA makes its up to $103-$105 resistance zone. Alibaba (BABA) stock has advanced as much as 4% on Thursday after the logistics subsidiary of China's ecommerce leader was reportedly already shopping banks for an IPO. Cainiao

Ford will lose $3 billion on EVs this year F stock advanced 2.2% at Thursday's open, while S&P 500 rises 1% on broad optimism. Ford stock has strong support at $11 and is currently advancing toward $12.75. Ford (F) stock is demonstrating on Thursday exactly why automotive C suites are pivoting to electric vehicles. It is not

The market capitalization of the global stock market declined by 20% in 2022, wiping off about $25 trillion from the market, the World Federation of Exchanges disclosed in its latest report released on Friday. The value of the market also decreased by 10% last year, the report noted. Both declines contradict the positive momentum gained

Commentary Technology investors had a rough year in 2022. The Nasdaq Composite Index went down around 33 percent. Despite a rebound so far this year, investors...

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Stock market news today: Stocks gain, 10-year yield hovers around 4%  Yahoo FinanceFutures Rise Ahead Of Key Econ Data; AI Stock Soars Into Buy Zone  Investor's Business DailyStocks rise on Friday as S&P 500 tries to snap 3-week losing streak: Live updates  CNBCWhy Are Stocks Down Today?  ...

The S&P 500 (SPY) managed to break through the important 4,000 level, which is great news for stock traders. Looks like we might be able to climb that wall of worry after all! How did we manage to turn things around after "the worst week" so far in 2023? Read on to find out.(Please enjoy