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The Latest Breaking News from Alibaba

Stock Market Rallies On Micron, Alibaba, Lululemon, Ebbing Bank Fears: Weekly Review

The stock market rally staged a follow-through day on Wednesday, confirming the rally. Banking fears waned, while earnings and other corporate news were positive and inflation cooled.

Investors Business Daily

Stocks advance as inflation slows

Stocks advance as inflation slows

New York (AFP) - Stocks advanced Friday as data showed inflation slowing in the eurozone and the United States, and a British economy performing slightly better than thought.

European equities extend gains on inflation slowdown

European equities extend gains on inflation slowdown

London (AFP) - Europe's stock markets advanced Friday on news of slowing eurozone inflation and a UK economy performing slightly better than thought.

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Opinion: Significance of Jack Ma’s Reappearance Should Not be Underestimated

Alibaba co-founder’s well-publicized visit to a local school signals a shift in China’s treatment of big tech

Weekly Must-Read: Alibaba Splits Into Six Business Units in Biggest Overhaul

The $220 billion e-commerce colossus will become a holding company and grant management and financing independence to the new enterprises

China's JD to spin-off two units, list in Hong Kong

Beijing (AFP) - E-commerce giant JD.com will spin off its industrial and property units and take both of them public, the company said, in the latest reorganisation of a major Chinese tech firm.

Markets build on gains as bank, rate concerns ease

Hong Kong (AFP) - Most markets built on a global rally Friday as worries about the banking sector faded and traders grew optimistic that central banks are near the end of their interest rate hiking cycle.

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Chip Stocks Lead Market Rally; Nasdaq 100 Hits 2023 High While China Stocks Shine

Chip Stocks Lead Market Rally; Nasdaq 100 Hits 2023 High While China Stocks Shine

Chip stocks led Thursday, lifting the semiconductor index more than 3% for the week.

Investors Business Daily

Alibaba Considers Yielding Control of Some Businesses in Overhaul

Alibaba Considers Yielding Control of Some Businesses in Overhaul

Alibaba Group said on Thursday it will look to monetize non-core assets and consider giving up control of some businesses, as the Chinese tech conglomerate reinvents itself after a regulatory crackdown that wiped 70% off its shares. Group CEO Daniel Zhang said the company's breakup into separate businesses will allow…

Asharq Al-Awsat

China e-commerce giant Alibaba outlines future strategy

China e-commerce giant Alibaba outlines future strategy

The CEO of Chinese e-commerce and financial giant Alibaba says the company is moving toward giving up control of some of its business units in a transition toward becoming a capital operator to unlock the value of its sprawling businesses

The Independent UK

Stock Screener Flags Baidu As China Search Engine Rolls Out AI Chat Bot

Stock Screener Flags Baidu As China Search Engine Rolls Out AI Chat Bot

Baidu stock was selected from this IBD stock screener and is nearing a buy point. The leader's stock gained over 37% this year so far and outpaced the Nasdaq composite.

Investors Business Daily

Stock markets climb on easing bank fears, Alibaba split

Stock markets climb on easing bank fears, Alibaba split

New York (AFP) - Stock markets advanced on Wednesday as fears of a banking crisis fade further in investors' rearview mirror while Chinese tech giant Alibaba's breakup plans boosted most Asian shares.

Stock markets jump on easing bank fears, Alibaba split

Stock markets jump on easing bank fears, Alibaba split

London (AFP) - Stock markets advanced on Wednesday as fears of a banking crisis fade further in investors' rearview mirror while Chinese tech giant Alibaba's breakup plans boosted most Asian shares.

Markets Today: Stock Indexes Climb as Tech Strength Buoys Sentiment

Markets Today: Stock Indexes Climb as Tech Strength Buoys Sentiment

Morning Markets March S&P 500 futures (ESM2 3) this morning are up +0.79%, and March Nasdaq 100 E-Mini futures (NQM2 3) are up +0.82%. U.S. stock index futures this morning are moderately higher. Technology stocks are climbing in pre-market trading to lead stock index futures higher after Micron Technology forecasted...

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Stock markets jump on easing bank fears, Alibaba restructure

London (AFP) - Stock markets rose solidly Wednesday on easing fears of contagion from the banking crisis.

Stocks Climb Before the Open as Banking Worries Subside, Alibaba Boosts Sentiment

June S&P 500 futures (ESM23) are up +0.91%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.93% this morning after three major U.S. benchmark indices finished the regular session lower, while U.S. Treasury yields climbed as market participants mulled the likely Fed’s interest rate trajectory amid easing bank jitters.

Alibaba's overhaul: a 'smart' move after China crackdown

Beijing (AFP) - Alibaba, China's biggest e-commerce company, has announced plans to split its business into six groups, in one of the most significant overhauls of a leading Chinese tech firm to date.

Hong Kong leads Asian markets higher on Alibaba boost

Hong Kong (AFP) - Asian stocks were broadly up on Wednesday to buck losses on Wall Street, led by massive gains for Chinese tech behemoth Alibaba after it announced it would split into six groups.

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Investors Business Daily

Dow Jones Dips As Alibaba Flies; 3 New Cathie Wood Buys Trade Mixed; Micron Earnings Miss

The Dow Jones fell as Alibaba soared. Three stocks, including Coinbase, struggled despite Cathie Wood buying shares. Micron earnings missed.

French prosecutors raid banks in tax fraud case

Five of France's biggest banks are facing scrutiny in an ongoing investigation into possible tax fraud. BNP Paribas and Société Générale were among the lenders whose Paris offices have been raided by French prosecutors. They're accused of helping facilitate tax avoidance related to dividend payments. Also in the show -…

Alibaba Split Boosts Optimism in Chinese Tech Stocks

Today’s announcement by Alibaba Group Holding (BABA ) that it will split its $220 billion business into six main units encompassing e-commerce, media, and the cloud is another factor that may extend the recent rally in Chinese technology stocks. In addition, mostly better-than-expected earnings results from China’s mega-cap technology stocks...

Investors Business Daily

Alibaba Stock Soars As Company Launches Massive Reorganization, Splits Into Six Units

In a groundbreaking move, Alibaba will split into six different companies that will operate independently and are free to raise funds.

Investors Business Daily

Dow Jones Reverses After Key Economic Data; Warren Buffett Stock Jumps On Upgrade

The Dow Jones reversed higher Tuesday amid key economic data. Warren Buffett stock Occidental Petroleum jumped on an analyst upgrade.

Alibaba to split into 6 groups, separate IPOs expected

Beijing (AFP) - Alibaba announced Tuesday that it would split into six business groups in one of the most significant overhauls of a leading Chinese tech firm to date.

Alibaba to Split in 6 and Seek Possible IPOs; Stock Surges

'At 24 years of age, Alibaba is welcoming a new opportunity for growth,' Daniel Zhang, CEO of the e-commerce giant, says.

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