The Chinese e-commerce company reported a quarterly net income of $1.8 billion, as revenue rose 16% from a year ago to $41.5 billion.

US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,

Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.

Shares of Target rallied on Monday after the U.S. and China agreed to a temporary pullback in their tariff brinkmanship. But even without global trade anxieties, the big-box retailer faces plenty of difficulties,

Most tech stocks are surging today after a shocking announcement from China took the market by storm this morning. Even after several strong earnings reports over the past two weeks, many prominent companies have struggled as tariffs levied by President Donald Trump sparked retaliation from trade partners,

Wall Street was on track to open with losses as the initial euphoria over the 90-day truce in the U.S.-China trade war faded.

This weekend’s talks between Washington and Beijing officials in Geneva culminated in both countries cutting their tariff for at least the next 90 days, with the U.S. slashing its duties on Chinese goods from 145% to 30% and China cutting its levies on U.