Technology Shares Move Higher — Tech Roundup – MarketWatch

Science & Technology

Shares of technology companies rose as traders looked ready to take on a bit more risk.
China’s leading e-commerce company, Alibaba Group, posted its first quarterly revenue decline since its 2014 listing in a sign of how its era of explosive growth may be coming to an end. The Hangzhou-headquartered company said its April-June revenue fell 0.1% from a year earlier to the equivalent of $30.7 billion, highlighting economic pains from China’s stringent Covid-19 restrictions.
The drop was slim, though still notable for Alibaba, which for years has been among China’s fastest-growing technology companies.
Following the right insiders can help you outperform the S&P 500.
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More.
Visit a quote page and your recently viewed tickers will be displayed here.