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Tesla, Amazon, Nike, Walmart, Alibaba: Why These 5 Stocks Are On Investors' Radars Today
Tuesday, October 1, 2024 - 11:11pm | 583Investors faced a turbulent day in the stock market, reacting to a series of events that could potentially impact the values of stocks and sectors in the coming weeks. The S&P 500 and the Nasdaq indices were affected by geopolitical tensions in the Middle East, the aftermath of Hurricane Helene...
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Alibaba, Costco, BlackBerry, JD.Com, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Thursday, September 26, 2024 - 10:54pm | 578U.S. markets closed higher on Thursday, with the Dow Jones Industrial Average climbing 0.6% to 42,175.11 and the S&P 500 gaining 0.4% to finish at 5,745.37. The Nasdaq also advanced 0.6%, reaching 18,190.29. These are the top stocks that gained the attention of retail traders and investors...
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China's Alibaba Just Launched A Wave Of 100+ Open-Source AI Models – Including A Text-To-Video Tool That's Turning Heads
Thursday, September 26, 2024 - 12:45pm | 776Alibaba sent shock waves through the tech world by releasing over 100 open-source artificial intelligence (AI) models. Under the name Qwen 2.5, these tools cover a range of industries from automobiles to gaming and even scientific research. With this ambitious move, the Chinese e-commerce...
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Nvidia, Alibaba, Capricor Therapeutics, TSMC, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Tuesday, September 24, 2024 - 10:31pm | 645On Tuesday, major U.S. indices closed higher, with the Dow Jones Industrial Average gaining 0.2% to reach 42,208.22, the S&P 500 rising 0.25% to 5,732.93, and the Nasdaq climbing 0.6% to 18,074.52. These are the top stocks that gained the attention of retail traders and investors throughout the...
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Tesla, Nike, Alibaba, FedEx, Trump Media & Technology: Why These 5 Stocks Are On Investors' Radars Today
Thursday, September 19, 2024 - 11:16pm | 772The U.S. stock market reached new heights today, following the Federal Reserve’s unexpected decision to cut interest rates for the first time in over four years. This bold move led to a surge in the S&P 500 and Dow Jones indices, reaching all-time highs of 5,700 and 42,000 points...
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Alibaba Rival JD.Com Announces $5B Share Buyback Amid Recent Stock Downturn
Tuesday, August 27, 2024 - 7:16am | 498China’s leading e-commerce company and a major competitor of Alibaba, JD.com, Inc. (NASDAQ:JD), has unveiled plans for a substantial share repurchase program. The firm intends to buy back up to $5 billion of its shares over the next three years. What Happened: According to a press release on...
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Alibaba-Rival JD.Com Plummets Over 7% In Pre-Market After Largest Shareholder Walmart Sells Stake To Reportedly Raise $3.74B (CORRECTED)
Wednesday, August 21, 2024 - 9:18am | 475Editor's Note: The headline has been corrected to reflect that Walmart aims to raise $3.74 billion by selling its stake in JD.com. Walmart Inc. (NYSE:WMT) has announced plans to sell its stake in Chinese e-commerce giant and Alibaba-rival JD.com Inc. (NASDAQ:JD), causing JD.com’s shares to...
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Nvidia, Alibaba, Jumia Technologies, Chipotle, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Tuesday, July 9, 2024 - 10:17pm | 662On Tuesday, major U.S. indices showed mixed results. The Dow Jones Industrial Average fell by 0.1% to 39,291.97, while the S&P 500 inched up almost 0.1% to 5,576.98. The Nasdaq saw a slight increase of 0.14%, closing at 18,429.29. These are the top stocks that gained the attention of retail...
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SoftBank's Masayoshi Son Readies For 'Next Big' Investment Move After Setback From Alibaba, WeWork: 'Without Fear Of...Hit Or Miss'
Thursday, June 20, 2024 - 3:26am | 544In a recent announcement, SoftBank Group Corp. (OTC:SFTBY) founder, Masayoshi Son, revealed his intent to make a significant investment in artificial intelligence (AI). What Happened: Son’s announcement suggests that SoftBank is on the verge of a substantial AI investment. While acknowledging...
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GameStop, AMC, Alibaba, Rivian, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Monday, May 13, 2024 - 9:39pm | 754The major U.S. indices had a mixed performance on Monday. The Dow Jones Industrial Average fell by 0.2% to close at 39,431.51, and the S&P 500 declined by 0.02% to finish at 5,221.42. Conversely, the Nasdaq ended the day up nearly 0.3%, closing at 16,388.24. These are the top stocks that gained...
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Sam Altman's OpenAI And Amazon-Backed Anthropic Face Serious Competition From These Chinese Startups Backed By Alibaba, Xiaomi And More
Friday, May 3, 2024 - 5:23am | 835Four Chinese artificial intelligence (AI) start-ups have achieved ‘unicorn’ status, with valuations exceeding $1 billion. The companies, namely Zhipu AI, Moonshot AI, MiniMax, and 01.ai, are now set to compete with U.S. giants like Microsoft-backed (NASDAQ:MSFT) OpenAI and Amazon-backed...
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Joe Tsai, Co-Founder of Alibaba, Says That There's A 'Wealth Effect' From Property Downturn
Thursday, April 18, 2024 - 10:22am | 585Alibaba co-founder Joe Tsai said that he's noticed that a wealth effect from a property downturn tends to make consumers more hesitant to spend their money — here's why. In an interview with Norges Bank Investment Management, Tsai spoke about all things wealth, including consumer confidence during...
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Is Jack Ma Coming Back? Alibaba Founder's Rare Memo To Employees Sparks Curiosity
Wednesday, April 10, 2024 - 1:48am | 679Alibaba Group Holding Ltd. (NYSE:BABA) co-founder Jack Ma has reportedly resurfaced with a comprehensive internal memo, stirring speculation about his future role in the company. What Happened: Ma has emerged with a detailed message to his staff, hinting at a more prominent role after years of low...
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Trump-Linked Phunware, Apple, SoFi, Crowdstrike, Alibaba — Why These Stocks Are On Investors' Radars Today
Tuesday, March 5, 2024 - 10:34pm | 732On Tuesday, major U.S. stock indices closed lower, with the Dow Jones Industrial Average decreasing by 1.04% to 38,585.19 and the S&P 500 falling by 1.02% to 5,078.65. The Nasdaq also finished the day down by 1.65% at 15,939.59. These are the top stocks that gained the attention of retail...
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Alibaba Co-Founder Joe Tsai Optimistic About Future Amid Recent Challenges: 'We're Back'
Monday, February 26, 2024 - 3:53am | 647Alibaba Group Holding Ltd (NYSE:BABA) co-founder Joe Tsai expressed optimism about the company’s future despite recent setbacks. What Happened: Tsai acknowledged the challenges Alibaba has faced in recent times. These include internal changes, the cancellation of a cloud computing IPO, and...