Alibaba Group Holding Limited BABA is set to report third-quarter fiscal 2021 results on Feb 2. In the last reported quarter, the China e-commerce giant delivered an earnings surprise of 29.9%. The surprise history has been impressive in Alibaba’s case. The company surpassed estimates in all the trailing four quarters, with an average of 25.01%. E-commerce Growth Drives Business Given innovation in data technology, widespread application of big...
Shawna Martinez moved to Santa Fe to attend school in 1989 and never left. Working at Hotel Santa Fe for nearly 30 years, she has had a front seat to the explosive growth of this tourist town in past years. But late last year, on Martinez’s 50th birthday, her landlady delivered news that she was selling the property where Martinez rents a small, two-bedroom casita for $900. Martinez’s lease wouldn’t be renewed and she would need to move. Finding...
Members of Congress on both sides of the aisle are speaking up in support of retail investors who drove up the share price of the video game retailer GameStop, prompting online brokerage apps to pause trading on the stock. The Securities and Exchange Commission said Friday that it was “closely monitoring and evaluating the extreme […] The post Lawmakers call for hearings as apps pause trading in GameStop appeared first on Roll Call.