Shares of Alibaba Group listed in the U.S. extended their rally into Wednesday after reports that the Chinese tech and ...
Some big tech shares were holding up Wednesday afternoon as inflation data and questions about the path ahead for interest rates weighed on U.S. stocks.
Jefferies now values BABA’s cloud business at four times its revenue or about $60 billion, up from its previous estimate of ...
Despite a hotter-than-expected inflation report this morning, Chinese tech stocks shook off the bad news and marched higher.
In 2024, the narrative around Big Tech was that it was almost impossible for companies to overinvest in artificial intelligence (AI). At almost every earnings update, capital spending (capex) was ...
Analyst reiterates Buy rating & $265 price target for Apple, as they partner with Alibaba to develop AI features for Chinese ...
Due to local regulations, Apple needs a Chinese partner to offer its AI services in China. It had been expected to work with ...
Alibaba stock rallied again in Wednesday morning trading, pushing shares of the China tech giant up toward a two-year high. A ...
Apple sales have been struggling in China—iPhone revenue slumped 25% there in the fourth quarter—as the trade wars between ...
Asian equities were mostly higher overnight as Hong Kong and Indonesia outperformed while Taiwan and Pakistan underperformed.
The deal, which leverages Alibaba’s Qwen AI model, could boost iPhone sales in China and solidify Alibaba’s position as a ...
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