Here’s a look at some of the companies the Yahoo Finance team will be watching for you today.
The New York Stock Exchange is getting some competition. Alibaba (BABA) founder Jack Ma says he’s seriously considering listing his China based e-commerce company in Hong Kong. That’s after Hong Kong’s exchange proposed new rules to allow dual-class shares. Back in 2014, BABA listed on the NYSE after Hong Kong refused to accept its company’s governance structure.
Intel’s (INTC) CEO Brian Krzanich said the chip maker expects to issue updates to all of its processors released in the last five years before the end of the month. That announcement follows the disclosure of massive security vulnerabilities last week that affect Intel chips.
General Motors (GM) wants to do something no other company has been able to accomplish, make electric cars profitable. CEO Mary Barra is promising shareholders that GM will make money selling electric cars by 2021. While Barra didn’t give details, one of the main hurdles to profitability will be to find an affordable electric car battery.
Oprah’s Golden Globes speech is giving Weight Watchers (WTW) a boost. The stock popped more than 12% on Monday. Shares of Weight Watchers were at $6 when Oprah bought a 10% stake in the company in October of 2015. Today the stock is trading at around $52.