Alibaba

Investors 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...

U.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...

Alibaba 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...

On 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...

The 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...

China’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...

Editor'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...

On 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...

In 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...

The 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...

Four 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...

Alibaba 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...

Alibaba 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...

On 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...

Alibaba 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...