Alibaba (NYSE:BABA) Group Holding Ltd. saw its shares surge by over 5% on Friday following the announcement of plans for an initial public offering (IPO) of its shipping subsidiary,...
Investing.com -- U.S. stocks are rebounding, pulled higher by the tech sector, as investors continue to digest the Federal Reserve's message that interest rates will stay higher for...
Investing.com -- U.S. futures edged higher Friday, ending a difficult week punctuated by a hawkish Federal Reserve meeting on a positive note. Here are some of the biggest premarket U.S....
(Updated - September 22, 2023 4:43 AM EDT) Alibaba 's (NYSE:BABA) Cainiao Plans To File For $1 Billion+ HK IPO Soon - BloombergThe logistics arm of Alibaba Group Holding Ltd., is...
The company is targeting to raise at least $1 billion in the share sale though it’s still early to decide on the valuation, sources said, adding that no final decision has been made and...
Tensions between Beijing and Washington have also weighed on the sector, as US dollar funds invest less in early-stage projects and difficulties obtaining AI chips made by the likes of...
Boeing (NYSE:BA), the American aerospace manufacturer, has recently updated its long-term demand projection for China, anticipating a substantial expansion in the country's commercial...
Japanese multinational conglomerate SoftBank (TYO:9984) Group has embarked on a new chapter in its history following the successful stock offering of Arm Holdings (NASDAQ:ARM) last week....
Michael Evans, president of Alibaba Group Holding, said Alibaba had already invested $1.4 billion in Turkey through its unit Trendyol, one of Turkey's best-known ecommerce platforms
Arm's China subsidiary is "doing well" with strong potential in data center and automotive applications, despite the geopolitical tumult of the last few years, Arm Holdings CEO Rene Haas...
Investing.com -- Starbucks Corporation (NASDAQ:SBUX) said chairman emeritus Howard Schultz would step down from its board effective today as part of a planned transition. Shares were down 1%...
Alibaba has announced that it will open its artificial intelligence model Tongyi Qianwen to the public, indicating that it has received regulatory approval in China. Additionally, Alibaba...
Alibaba Group Holding Ltd. (NYSE:BABA) is placing a strong emphasis on artificial intelligence (AI) and user experience under the leadership of new Chief Executive Officer Eddie...
The new CEO Eddie Wu is laying out his strategic priorities for Alibaba.
An analyst from JPMorgan maintained Alibaba ADR (NYSE: BABA) at 'overweight' with a price target of $150.00 from a prior price target of %currency%%price%. Prior to this rating, Alibaba...
Investing.com-- Most Asian stocks were flat on Tuesday as markets remained broadly risk-off ahead of key U.S. inflation data this week, while hawkish signals from the Bank of Japan also saw...
Investing.com -- U.S. stocks were rising on Monday, led by tech stocks as investors awaited a fresh inflation data that could guide future Federal Reserve monetary action. Here are some of...
Investing.com -- U.S. stocks were rising on hopes the Federal Reserve will leave rates unchanged when it meets this month, as investors anticipate nearing the end of its interest rate...
Investing.com -- U.S. futures traded slightly higher Monday, ahead of the release this week of fresh inflation data which could give guidance of future Federal Reserve monetary action. Here...
Hong Kong, Sep 11 (IANS) Chinese technology giant Ant Group has unveiled its own, industry-first large language model (LLM), that has outperformed mainstream AI models, along with a new Web3...
Investing.com -- U.S. stock futures edged higher Monday, bouncing after the previous week’s losses with investors awaiting the release of key inflation data as well as more earnings from the...
Investing.com -- Shares of Alibaba Group (HK:9988) (NYSE:BABA) slumped in Hong Kong trade on Monday after the e-commerce giant said that outgoing chief executive Daniel Zhang will also...
Hong Kong, Sep 11 (IANS) In a surprise development, former Alibaba (NYSE:BABA) Group Chairman and CEO Daniel Zhang has stepped down as head of the e-commerce giant's cloud division, the...
Investing.com - European stock markets traded higher Monday, with investors cautiously awaiting the latest policy-setting meeting by the European Central Bank later in the week. At 03:35 ET...
Investing.com-- Most Asian stocks edged lower on Monday as markets remained risk-averse before more cues on U.S. inflation and interest rates, while Alibaba logged steep losses after its...
Asia's stock markets were softer on Monday, with investors awaiting the U.S. inflation data for September to gauge the Federal Reserve's next moves on interest rates. MSCI's broadest index...
Investing.com-- Shares of Alibaba Group (HK:9988) (NYSE:BABA) slumped in Hong Kong trade on Monday after the e-commerce giant said that outgoing chief executive Daniel Zhang will also...
Alibaba Group Holding's former chairman Daniel Zhang stepped down as chairman and chief executive of its cloud business unit on Sunday.
Daniel Zhang, the former chief of Alibaba Group, has chosen to resign only a few months after accepting the leadership of its cloud division. This adds an additional element of...
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