Eddie Wu

Alibaba Group Holding Limited (NYSE:BABA) shares have been on a broad consolidation move since bottoming in late October 2022. The company is still reeling from the impacts of regulatory clampdowns and lackluster domestic economic growth. As the Jack Ma-founded company prepares to release its...

In a recent announcement, Alibaba Group Holding Ltd. (NYSE:BABA) on Wednesday confirmed that its CEO, Eddie Wu, will take over the reins of the company’s primary e-commerce business. This decision comes amidst concerns over the company’s slowing growth and marks a significant change in...

Stocks were falling on Tuesday as investors await remarks from several Federal Reserve officials this week and more clarity from Fed Chair Jerome Powell in his testimony before the Congress on Wednesday and Thursday. Meanwhile, U.S. Treasuries rallied, with yields dropping by about 10 basis points...

Alibaba Group Holding Ltd (NYSE:BABA) shares are trading lower in the pre-market session on Tuesday. The stock’s movement comes in the wake of the company’s announcement of a new CEO and the continuation of its restructuring plan. What’s Going On: On Monday, Alibaba announced that...