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Updated 7 min ago
Stocks to Watch Tuesday: Alibaba, Stellantis, FedEx
↘️ Alibaba (BABA): The Chinese e-commerce giant is replacing Chairman and Chief Executive Daniel Zhang with two successors, as it pursues a major reorganization. Alibaba’s American depositary receipts fell 2.4% premarket, amid a broader pullback in Chinese tech stocks that also weighed on PDD (PDD) and JD.com (JD).
🔎 Boeing (BA): The plane maker unveiled new orders from Avolon, Air Algérie and China Airlines at the Paris Air Show. Boeing shares ticked up modestly ahead of the opening bell.
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