Alibaba shares rise 3% in premarket after Chinese tech giant posts 58% jump in profit

The Baron Capital chair and CEO first invested $400 million in Tesla between 2014 and 2016, and he said the early bet has made him

Stocks were closing out a losing week as last week's election rally fizzles. But bank stocks could keep their momentum, according to one market strategist.

The layoffs, which were announced Friday morning via email to those impacted, were across the business.

The average 30-year fixed-rate mortgage was 6.78% on Nov. 14, unchanged from a week ago.