Alibaba and Other China Tech Stocks Tumble
Shares in U.S.-listed Chinese technology companies such as Alibaba, JD.com and Temu's parent company PDD fell sharply Monday. Alibaba recently stood about 9.5% lower, while PDD lost 8%. The pullback follows an extraordinary runup for some of these stocks,
Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...
Alibaba Group has highlighted that it has been focusing more on these two sectors lately, with plans to integrate artificial ...
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Alibaba Cloud invests $53 billion in artificial intelligence to drive AI infrastructure, cloud computing and LLMs as Alibaba ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project Alibaba Group Holding will invest at least 380 billion yuan (US$52.4 billion) in its ...
Alibaba (BABA) stock is falling 7% after the China-based tech conglomerate disclosed that it would spend at least 380 billion ...
Alibaba Group Holding Ltd. has announced an ambitious plan to invest over 380 billion yuan ($53 billion) in AI infrastructure over the next three years. Alibaba joins global AI race by investing $53 ...
Alibaba Group (NYSE:BABA – Free Report) had its target price upped by Benchmark from $118.00 to $190.00 in a research note issued to investors on Friday morning,Benzinga reports. The brokerage ...
Jefferies analyst Thomas Chong maintained a Buy rating on Alibaba Group Holding Ltd. (9988 – Research Report) yesterday and set a price target ...
Shareholders of Alibaba Group Holding Limited ( NYSE:BABA ) will be pleased this week, given that the stock price is ...
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