Walmart, Alibaba, Target, and More Stocks to Watch This Week

Text size Uncredited First-quarter earnings season continues this week with retailers making up a larger share of reports. Economic releases will include retail sales and housing-market data. Home Depot reports earnings on Tuesday, followed by a busy Wednesday: Cisco Systems , Take-Two Interactive Software , Target, and TJX Cos. all report. Walmart , Alibaba Group … Read more

China’s GDP Beat Expectations. Alibaba, Baidu and Are Rising.

Text size Alibaba stock fell Tuesday as investors assessed the uneven nature of China’s economic recovery. Greg Baker/AFP via Getty Images Alibaba , , and other U.S.-listed Chinese stocks climbed Tuesday as the country’s economy rebounded at a faster-than-expected pace in the first quarter. China’s gross domestic product (GDP) rose 4.5% in the first … Read more

Silicon Valley Bank Shut Down; Stock Delisted; Biggest Bank to Fail Since Financial Crisis

Regulators shut down Silicon Valley Bank to protect depositors following a decline in deposits. The Silicon Valley-based bank is the second-largest FDIC-insured bank by assets to fail and the largest since 2008 when Washington Mutual collapsed, according to Dow Jones Market Data. SVB has $212 billion in assets; Washington Mutual had $307 billion in assets. … Read more

The Fed Will Lift Rates at Its Meeting Today. What to Expect After That.

The Federal Reserve’s efforts to tame runaway inflation appear to be working, but there is still a long way to go. Investors rejoiced on Tuesday, sending stocks higher after the release of a fifth-straight monthly consumer-inflation reading that showed diminishing price gains. Expect Fed Chairman Jerome Powell to temper the market’s enthusiasm, however, when he … Read more