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  • *COO Daniel Zhang to become CEO, replacing Jonathan Lu. SHANGHAI/ HONG KONG, May 7- Alibaba Group Holding Ltd on Thursday posted a 45 percent rise in quarterly revenue, and shares of the Chinese e-commerce company jumped nearly 7 percent as investors cheered a smoother-than-expected transition to mobile transactions, which surpassed those from personal...

  • SHANGHAI/ HONG KONG, May 7- Alibaba Group Holding Ltd named a new chief executive on Thursday, as the Chinese ecommerce group's blistering growth faces headwinds and less-lucrative mobile transactions surpassed those from personal computers for the first time. Alibaba said Chief Operating Officer Daniel Zhang would on May 10 replace Jonathan Lu, who as the...

  • LAS VEGAS, May 6- Daimler has been granted a licence by the U.S. state of Nevada to test self-driving trucks on public roads, as the United States and Europe race to establish a regulatory framework for autonomous vehicles. While companies such as Google have dominated the headlines with advances in driverless cars, Daimler board member Wolfgang Bernhard told...

  • Is this Xiaomi's newest rival in China? Tuesday, 5 May 2015 | 7:09 PM ET

    A new range of low-priced smartphones by a company known as the 'Netflix of China' may upend Xiaomi's dominance in the consumer device market.

  • BEIJING, May 6- Zhang Long made his fortune selling Pu'er fermented tea and handcrafted furniture from the mountains of his native Yunnan Province in southwest China. Last November, the 49- year old entrepreneur, who has no technology background, strode into a Beijing ballroom to pitch his latest made-in- China product: SPGnux, a Linux-based operating system he...

  • *Jobless claims lowest since 2000. April 30- U.S. stocks, led by the Nasdaq, sold off on Thursday as Apple shares declined, and tech and biotech quarterly results disappointed. The Nasdaq biotech index dropped 3.1 percent on Thursday, led by a 4.5 percent fall in Celgene, which reported lower-than-expected quarterly revenue.

  • April 30- U.S. stocks sold off on Thursday, led by a drop in the Nasdaq, as Apple shares declined and results in tech and biotech names disappointed. The Nasdaq biotech index dropped 3.1 percent, led by a 4.5 percent fall in Celgene, which reported lower-than-expected quarterly revenue. Apple was down 2.7 percent at $125.15 and was the biggest drag on the Dow, S&P 500...

  • And that kind of colored the statement more hawkish for the Fed, "said Bucky Hellwig, senior vice president at BB&T Wealth Management in Birmingham, Alabama. The Nasdaq biotech index dropped 3.2 percent, led by a 3.9 percent fall in Celgene, which reported lower-than-expected quarterly revenue. The company limited the availability of the Apple Watch after a key...

  • Here's who won tech's big earnings season Thursday, 30 Apr 2015 | 12:16 PM ET
    Apple

    It was a mixed bag for earnings in the tech space, but one favorite stood out of the crowd for Morgan Creek Capital Management's Mark Yusko.

  • *Apple and Celgene weigh on Nasdaq, S&P 500. April 30- Wall Street was lower in midday trading on Thursday as Apple weighed on major indexes and investors digested a mixed batch of economic data. Apple fell as much as 2.5 percent to $125.45 and was the biggest drag on the Dow, S&P 500 and the Nasdaq.

  • US STOCKS-Wall St opens lower as Apple, Celgene weigh Thursday, 30 Apr 2015 | 10:39 AM ET

    *Apple and Celgene weigh on Nasdaq, S&P 500. April 30- Wall Street opened lower on Thursday as Apple weighed on the major indexes and Celgene led a fall in biotech stocks, more than offsetting encouraging economic data. The company limited availability of the Apple Watch after a key component supplied by a Chinese company was found to be defective, according to the...

  • Early movers: VIA, CI, TWC, AAPL, GNRC & more Thursday, 30 Apr 2015 | 7:57 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • *Glu Mobile shares jumped 21.3 percent to $6.55 after Chinese social networking company Tencent Holdings agreed to buy a 14.6 percent stake in the company. *Baidu shares dropped 4 percent to $210.10 a day after China's dominant Internet search engine posted its slowest quarterly revenue growth rate in almost seven years. *Earnings expected on Thursday...

  • Baidu posts revenue miss, but buy the stock? Wednesday, 29 Apr 2015 | 11:24 PM ET
    Baidu posts revenue miss, but buy the stock: Pro

    Wendy Huang, head of Internet & Media Research at Macquarie, explains why she remains positive on Baidu's shares despite the company missing expectations for first-quarter revenue.

  • Tech volatility: 5 trades on big movers Wednesday, 29 Apr 2015 | 7:09 PM ET

    "Fast Money" traders discussed how to play Salesforce, Twitter, GoPro and other notable tech companies on big stock moves.

  • After-hours buzz: Yelp, Glu Mobile, Baidu & more Wednesday, 29 Apr 2015 | 5:23 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Take a look at some of Wednesday's after-hours buzz: Yelp, Glu Mobile, Baidu & more

  • Trader on the floor of the New York Stock Exchange.

    U.S. stocks traded lower as investors weighed a weaker-than-expected GDP report and earnings reports ahead of the Fed statement release.

  • Four trades to go before the closing bell Wednesday, 29 Apr 2015 | 1:47 PM ET

    The "Halftime Report" traders give their top trades for the second half of the trading day.

  • Futures hold lower on GDP; Fed statement eyed Wednesday, 29 Apr 2015 | 9:08 AM ET
    Janet Yellen, Chair of the Federal Reserve.

    U.S. stock index futures pointed to a lower open on Wednesday, as investors awaited the conclusion of the two-day Federal Open Market Committee (FOMC) meeting.

  • BEIJING, April 28- China's Tencent Holdings Ltd launched on Tuesday an operating system for internet-connected devices such as TVs and watches that is open to all developers, taking on domestic rivals Alibaba Group Holding Ltd and Xiaomi Inc in the smart hardware space. This model mirrors Google Inc's Android mobile OS, and could help Tencent replicate the U.S....