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Top News In நுகர்வோர் ப்ராடக்ட்ஸ் மற்றும் சேவைகள் Today - Breaking & Trending Today

Alibaba Faces a Crackdown in China. Its Stock Is Sinking.

The tricky part of the potential China crackdown on Alibaba’s business practices will be quantifying the hit to revenue, if any, a Raymond James analyst says. ....

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Alibaba Shares Tumble on Regulatory Crackdown in China

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As the year draws to a close, global investors face increasing risks related to China, even as the country offers long-term opportunities.
No one got a harsher reminder of that fact this past week than Jack Ma, the billionaire founder of Chinese e-commerce giant
Alibaba Group Holding
(ticker: BABA), as China’s government decided on Christmas Eve to crack down on the sprawling and hugely successful business.
Beijing launched an antitrust investigation into Alibaba, while Ant Group, the company’s finance unit, was summoned to meet with banking watchdogs to discuss financial regulations. In other words, Alibaba must play by China’s rules. ....

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Peloton Stock Is Racing to a Record

Peloton is about to close its best nine trading days since May, and at a record stock price. Shares of the provider of fitness equipment and subscription exercise classes have rocketed more than 500% in the last 12 months. ....

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Large GameStop Investor Ryan Cohen Buys More Stock

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Ryan Cohen, a co-founder of pet-supplies retailer Chewy, recently bought more GameStop shares through a limited liability company.
Gabriela Bhaskar/Bloomberg
Ryan Cohen, a big investor and activist in
GameStop
stock, just bought more shares of the videogame retailer.
GameStop (ticker: GME) shares have tripled this year, lifted by sales of next-generation gaming consoles and the prospect of actions by activists, including Cohen. GameStop’s third-quarter earnings, reported earlier this month, were disappointing. The company also said it plans to sell stock through at-the-market offerings, which could dilute the value of existing shares.
RC Ventures, a limited liability company controlled by Cohen, paid $37 million from Dec. 15 through Dec. 18 for 2.5 million more GameStop shares, at a per share average price of $14.80. According to a regulatory filing, Cohen’s RC Ventures now owns nine milli ....

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2020: The Year in Beer

I looked back at my beer consumption patterns over this past year as part of my annual holiday ritual. At the end of every year, I always wonder how much ....

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