Morning Buzz: Alphabet (GOOG), uniQure N.V. (QURE), Wal-Mart (WMT), Apple (AAPL), Yahoo (YHOO)

wall street

Shares of Alphabet Inc. (GOOG) are down more than 2% in Thursday’s broad-based sell-off following a Bloomberg report that says the search giant is actively looking to expand its China workforce, signaling that the company  could be making a push to re-enter the world’s largest mobile market after scaling back more than five years ago.

Shares of uniQure N.V. (QURE) are higher by nearly 16% to $17.25 in pre-market trading on Thursday after the Amsterdam-based biotech said its experimental gene therapy for a blood clotting disorder benefited some patients in an early-stage study.

Wal-Mart Stores Inc. (WMT) – Reuters reports that Chilean regulators have accused the world’s largest discount retailer of price-fixing. The publication notes that this is the second time in three months that the Chilean regulators have uncovered a price-fixing scheme affecting consumers.

WMT closed at $63.55 on Wednesday, and shares were down 1.48% at $62.61 in early morning trading on Thursday.

Apple Inc. (AAPL) shares are down by 2.73% to $97.95 in early trading amid a wider Dow Jones and stock market downturn and reports of slowing shipments of the iPhone 6S and 6S Plus. AAPL is printing the tape below the $100 mark for the first time since August.

Yahoo! Inc. (YHOO) – The web portal is planning to cut as much as 10% of its workforce, beginning as soon as this month, according to a report in Business Insider.

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