Alibaba Rises, Caterpillar Falls, Dell Sinks on Tariff Concerns
On this episode of Stock Movers:
Alibaba ADRs (BABA) rose after the Chinese e-commerce giant reported a surge in revenue from China’s AI boom, helping offset a surprise drop in profit.
Caterpillar (CAT) shares fell after the industrial giant warned that it faces a larger-than-anticipated tariff headwind of as much as $1.8 billion this year.
Dell Technologies (DELL) shares down after the computer hardware and server company reported results that showed weakness in margins.
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