These are the stocks posting the largest moves before the bell.Market Insiderread more
May had failed to win a parliamentary majority on Britain's withdrawal from the European Union.Europe Politicsread more
Analyst Michael Olson says he has "a high degree of confidence" that Amazon shares can reach the level without "significant changes to the business."Investingread more
House Judiciary Committee Chairman Jerry Nadler says Mueller told the committee he would make his opening statement before the public.Politicsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
Breaking up the social network won't lead to better data protection, said former Facebook executive Chris Kelly.Technologyread more
A downgrade from BMO analysts led to an unsavory drop in Chipotle's stock, and some analysts are advising waiting out the weakness.Trading Nationread more
Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
Sears opens its first Home & Life stores and plans to open more as it looks for a fresh start after bankruptcy.Retailread more
New orders for U.S.-made capital goods fell more than expected in April, further evidence that manufacturing and the broader economy were slowing.Economyread more
A recent survey found that 23% of Americans say that paying for basic necessities such as rent, utilities and food contributes the most to their credit card debt.Make It - Become Debt-Freeread more
Chinese e-commerce giant Alibaba has jumped into the smart home speaker space.
The company on Wednesday launched a device called the Tianmao JinglingX1 (Tmall Genie X1). It's Alibaba's version of Amazon's popular Echo device. The X1 is available only in China and speaks only Mandarin.
It was only a matter of time, as voice-activated personal assistants have taken off over the last year. Amazon introduced its Echo in November 2014, but over the last six months, Alphabet, Microsoft and Apple have jumped in with their own versions. EMarketer expects that nearly 36 million Americans will use a smart speaker at least once a month this year — a jump of almost 130 percent over last year.
So while Alibaba may not be first to the Chinese market, the company believes that its artificial intelligence, troves of data and huge e-commerce platform will make it a leader. At a press conference in Beijing, an Alibaba executive said the X1 already has "hundreds of skills" in music, entertainment, online shopping, fitness and education.
The Tmall Genie X1 will cost the equivalent of $73 for the first 1,000 people purchasing one during a one month trial when it goes on sale Aug. 8.