JPMorgan Says Stocks Are So Crowded They May Crack at Any Time

Dubravko Lakos-Bujas sees more risks, fewer sources of upside More risks are ‘hovering in the background,’ strategist warns It’s the talk of the stock market: What will be the sign that the five-month rally in US equities is coming to an end. But if you ask JPMorgan...

Fisker Slashes EV Prices as Much as 39% in Fight for Survival

Fisker Inc. dramatically reduced the price of the Ocean sport utility vehicle — its only model — as the electric-car maker struggles to stay in business. The biggest cut the US company is making applies to the top-end version of the Ocean, called Extreme. Fisker will...

Alibaba Scraps Logistics Arm’s IPO After Market Turmoil Worsens

The company is raising capital through other avenues now The move follows the surprise retreat from a cloud arm listing Alibaba Group Holding Ltd. called off an initial public offering for its Cainiao logistics arm in Hong Kong, shelving a $1 billion-plus deal in a...