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SINA Corp. News

Covid-19 Relief Bill, AstraZeneca, Alibaba, Bitcoin - 5 Things You Must Know Monday

President Trump signs a combined $2.3 trillion coronavirus relief and government funding package; China orders Ant Group to overhaul its business; bitcoin sets record above $28,000.

Virgin Galactic, Piedmont Lithium: 5 Top Gainers for Monday

Piedmont Lithium, Virgin Galactic, Sina, HSBC and Diageo are some of Monday's top gainers.

Sina, Weibo Parent, to Go Private in $2.59 Billion Deal

Sina is among a group of Chinese companies moving away from U.S. listings, as U.S.-China tension heightens.

Chinese Tech Stocks Surge Following Big Overnight Gains in Shanghai

Following major overnight gains for Chinese equities, U.S.-listed Chinese tech stocks are ripping higher in Monday trading.

Sina Gets Bid at 12% Premium From Company Controlled by CEO

Sina received a buyout bid at a 12% premium from a company controlled by the Beijing online media company's chairman and CEO.

Breaking News

Morgan Stanley Stock Leads Gains As Banks Boost Dividends After Fed Stress Tests

Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week's Fed stress tests.

Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat

"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.

Playtika Stock Surges On Report of Joffre Capital Interest in Online Casino Gaming Group

Axios reported late Monday that tech buyout group Joffre Capital is seeking a majority stake in the online casino video game group.

Walgreens Stock Slides As Group Scraps Plan to Sell UK-based Boots

"As a result of market instability ... no third party has been able to make an offer that adequately reflects the high potential value of Boots," Walgreens said.