What happened After days of panic-selling, a wide range of Chinese stocks staged a broad relief rally on Wednesday. Many of the stocks had fallen to 21-month lows, as investors worried about a resurgence of the pandemic in China, an ongoing regulatory crackdown, and the Chinese government's stance on the war raging between Ukraine and Russia. While there wasn't any company-specific news, these stocks came roaring back after government officials vowed to boost economic growth and stabilize the markets. Shares of Alibaba Group Holding($(BABA)$-4.39%)gained as much as 27.8%, JD.com($(JD)$-3.34%)climbed as much as 33.1%, and Didi Global($(DIDI)$0.39%)surged as mu

Ford (F) - Get Ford Motor Company Report, speeding its move into electric vehicles, has just announced the separation of its electric vehicle (BEV) manufacturing activities from that of the production of internal combustion cars (ICE) or gasoline cars into two separate units. Jim Farley, president and chief executive officer at parent Ford Motor, in addition, will serve as president of the electric-vehicle division. Doug Field -- who in September was named to head advanced technology and embedded systems, reporting to Farley -- will lead the electric division's product creation as chief EV and digital systems officer." The reorganization was obvious and expected. Both divisions will be headed by the Ford parent company. "Nothing interesting so far. But wait. Things are about to take an int

The e-commerce platform was a big winner during the pandemic but has seen its stock price fall 50% so far in 2022. Some investors have gotten nervous about Shopify($(SHOP)$18.65%)in recent months. Shares of the e-commerce and payments platform are down 50% so far in 2022 after management said growth would be slower than in 2021. This announcement came in conjunction with the macroeconomic worries about interest rate hikes and the fallout from the war in Ukraine, which likely exacerbated the sell-off in Shopify shares. If you have a long-term time horizon, sell-offs like these can provide buying opportunities. Here are three reasons to buy Shopify stock, and one reason to sell. 1. Shopify has an impressive track record of growth Shopify's annual

Upstart is anartificial intelligence(AI) company that has built an algorithm to improve the process of approving consumer loans. Typically, when financial institutions assess potential borrowers, they consider their repayment history, income, assets, and current debts, which are metrics that are partly represented by afico score. These points of assessment are great because they can be conducted manually with human input over a period of days or weeks. But that might be where the usefulness of that method ends. When Upstart's algorithm assesses a borrower, it looks at 1,600 data points to determine creditworthiness, and it delivers an instant decision 70% of the time. It's a testament to the power of AI, which can process data and complete complex tasks in a fraction of the time that