Get all your news in one place.

100’s of premium titles.
One app.

Start reading

Get all your news in one place.

100’s of premium titles. One news app.

Start reading

Benzinga

Business

Craig Jones

Are China Tech Stocks Preparing For A Bigger Rally?

BABA (Organization) Alibaba Alibaba Group Holding Ltd Mike Khouw

Shares of Alibaba Group Holding Ltd – ADR (NYSE:BABA) spiked after the Chinese retail giant reported upbeat quarterly results.

On CNBC's "Options Action," Mike Khouw of Optimize Advisors said the stock traded 2.5 times its average daily volume on Thursday.

Check out tech stocks making big moves in the premarket.

There were buyers of 12,520 of the June 3 weekly 100 calls at $1.17 per contract on average, Khouw mentioned. Trades see shares of Alibaba rising at least 7% by next Friday, he added.

BABA Price Action: Shares of Alibaba jumped nearly 15% to settle at $94.48 on Thursday.

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top News

Former Israeli spies describe attack using exploding electronic devices against Hezbollah

Two recently retired senior Israeli intelligence agents are sharing details about a deadly clandestine operation that targeted Hezbollah militants in Lebanon and Syria with exploding pagers and walkie-talkies

The Independent UK

Man apprehended after woman fatally set on fire in New York subway car

Footage showed an assailant igniting woman’s clothing, with emergency personnel declaring her dead at scene

The Guardian - US

Lib Dems open to the prospect of calling a Waspi vote, deputy leader signals

Daisy Cooper also said the party was facing forward to a fight with the Tories in May’s local elections.

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

PTSD symptoms rise four-fold in jurors exposed to distressing evidence – study

The research included a fictitious trial based on a real life case, during which 181 mock jurors were exposed to various materials.

The Independent UK

Small Plane Crash In Gramado Kills 10, Injures Dozens

Tragic small plane crash in Gramado, Brazil, kills 10 and injures many, shaking the popular tourist destination. Ongoing investigation and national condole...

Top News

Former Israeli spies describe attack using exploding electronic devices against Hezbollah

The Independent UK

Man apprehended after woman fatally set on fire in New York subway car

Footage showed an assailant igniting woman’s clothing, with emergency personnel declaring her dead at scene

The Guardian - US

Lib Dems open to the prospect of calling a Waspi vote, deputy leader signals

Daisy Cooper also said the party was facing forward to a fight with the Tories in May’s local elections.

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

PTSD symptoms rise four-fold in jurors exposed to distressing evidence – study

The research included a fictitious trial based on a real life case, during which 181 mock jurors were exposed to various materials.

The Independent UK

Small Plane Crash In Gramado Kills 10, Injures Dozens

Tragic small plane crash in Gramado, Brazil, kills 10 and injures many, shaking the popular tourist destination. Ongoing investigation and national condole...

Top News

Our Picks

Messiness & the allure of Fleetwood Mac

A new book about Fleetwood Mac covers the dramatic soap opera — and the songs that made the band legends

Salon

Martha Stewart's top-drawer storage method 'enables you to get dressed faster' – her decade-old lessons are just as impactful in modern bedrooms

Archival footage shows Stewart's cabinet storage solutions have no expiry date – we're sure her lessons will continue to work years from now

Homes & Gardens

You can bet on anything. Should you?

Here are the risks involved when playing in America's growing casino

Salon

SNL’s star-studded cold open called the ‘best in the history of the show’

The sketch featured celebrities who have all hosted the show five times

The Independent UK

“Crowds would get agitated as soon as they heard Slash’s intro riff”: Duff McKagan on the making of a Guns N’ Roses classic

How a song about the “hardscrabble lives” of the fledgling rockers became a timeless rock anthem

Louder

'Stranger Things' cast pens emotional notes after final season production wraps

Netflix recently announced that the production of Stranger Things season five has officially wrapped. Read further on Dynamite News:

Dynamite News

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.