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Global Markets: Tech lifts stocks as poor data rekindles stimulus hopes

MILAN (Reuters) – Shares rose and the dollar steadied at new highs on Wednesday, with overnight gains by Wall Street tech champions helping balance concerns that new restrictions to counter…

Southwest Air Lifts Load-Factor Estimate, Affirms on Revenue

Southwest Airlines  (LUV) – Get Report on Wednesday updated its financial-guidance trends, increasing its outlook for September load factor and affirming its revenue view, and reducing its third-quarter guidance for daily…

Pandemic Tech Spending in China Lifts Alibaba’s Cloud

Spending on China-based cloud services hit a record high in the second quarter as Chinese companies increased the use of online business tools in the aftermath of the coronavirus pandemic.…