Alibaba Cloud

Alibaba Group Holding (NYSE:BABA) Alibaba Cloud Intelligent Group founder Wang Jian said the future of artificial intelligence belongs to young people to solve the most challenging problems, transcending human expectations. During a speech, Want said he expects AI to develop at a pace beyond people...

In the latest turn of events, Alibaba Group (OTC:BABAF) has put a halt to its plans to spin off its cloud segment, leading to a sharp drop in its market value by $20 billion. This development, triggered by the uncertainties surrounding U.S. export restrictions on AI chips,...

Chinese e-commerce giant Alibaba Group Holdings Ltd. (NASDAQ: BABA) announced in November 2022 that it would be spinning off six companies. Ali Baba has been referred to as the Amazon.com Inc. (NASDAQ: AMZN) of China. It is the second largest e-commerce company in China, behind Meituan. Alibaba...

Alibaba Group Holding Ltd – ADR’s (NYSE: BABA) cloud service could be launching a service to build NFT marketplaces for companies. What Happened: Alibaba Cloud announced the launch of an “NFT Solution” in a tweet on June 8. The tweet in question has since been deleted....

Amazon.com, Inc. (NASDAQ: AMZN) and other rivals vied for a piece of the worldwide cloud infrastructure services market as spending rose 37% to top US$107 billion in 2019. What Happened Data released by Canalys indicates that the total expenditure on cloud services reached a record high to exceed $...

MongoDB (NASDAQ: MDB) shares are trading higher after the company reported a partnership with Alibaba (NYSE: BABA). Users of Alibaba Cloud's platform offering will have access to the latest MongoDB features and capabilities, backed by support from Alibaba Cloud and MongoDB. The terms of the...

Despite an ongoing trade war with the U.S. government, Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) remains a top mega-cap stock pick at MKM Partners for three key reasons. The Analyst Rob Sanderson maintains a Buy rating on Alibaba's stock with an unchanged $245 price...

Alibaba Group Holding Ltd (NYSE: BABA) reported Thursday its third-quarter earnings, which helped boost the stock more than 3 percent, above its prior all-time high of $188.88. The company reported that it earned $1.29 per share in the third quarter on revenue of RMB55.122 million, or $8.28 billion...

Alibaba Group Holding Ltd (NYSE: BABA)'s stock now has a clear path to trade north of $200 per share, at least according to analysts at HSBC Global Research. The firm's Chi Tsang maintains a Buy rating on Alibaba's stock with a price target boosted from $184 to $204 based on a new financial...

What is it that Amazon.com, Inc. (NASDAQ: AMZN) does incredibly well that its online Chinese counterpart Alibaba Group Holding Ltd (NYSE: BABA) doesn't? The cloud. Many investors are uber-bullish on Amazon's stock due to its cloud segment, AWS. After all, during Amazon's most recent...

Alibaba Group Holding Ltd (NYSE: BABA) is poised to hit a new all-time high Thursday after impressing investors with its fiscal first-quarter earnings report. Shares of Alibaba gained more than 7 percent after reporting that it earned $1.17 per share on revenue of $7.403 billion; analysts were...

Analysts at Stifel turned bullish on Alibaba Group Holding Ltd (NYSE: BABA) ahead of the company's fiscal first-quarter earnings report Thursday morning. The analyst Scott Devitt added Alibaba's stock to the firm's "Stifel Select List" with a Buy rating and a price target boosted from $165 to $180...