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Alibaba Unveils Guidance as Fourth-Quarter Revenue, Earnings Beat Expectations

Chinese e-commerce company Alibaba (BABA) unveiled fresh guidance on Wednesday as it posted better-than-expected results for its fiscal fourth quarter, bolstered by rising numbers of consumers from less developed cities in Asia. The Hangzhou-headquartered company, founded in 1999 by a team led by former English teacher Jack Ma, generated RMB […]

Bond Price Rally Resumes as Trade Concerns Reignite; China Data Weak

US Treasury prices rallied behind European bonds as risk-off trading resumed Wednesday after the US-China trade complications returned to center stage. Global bonds pushed higher as a run of weak Chinese economic data hit overnight, but prices backed off the highest levels. Europe was leading with the UK Gilt yield […]

Intel Rolls Out Patch to Fix ZombieLoad Exploit

Intel (INTC) has released a patch for the ZombieLoad vulnerability, which affects almost every computer powered by one of the company’s chips as far back as 2011, according to media reports on Tuesday. If exploited, ZombieLoad will allow hackers to steal sensitive information directly from processors. Intel said ZombieLoad is […]