BABA News and Press, Alibaba Group Holding Limited American Depositary Shares each representing one From 06/10/24

2024-06-10 09:44:10 ET Summary Baidu's stock has dropped 13.44% since February 26, trading at around $96. Despite facing competition in the AI bot market, Baidu has doubled its user base and focuses on user experience. Despite such progress, revenues have increased, but only s...

2024-06-10 01:58:24 ET The Schwab Trading Activity Index (STAX), a gauge that analyzes retail investor stock positions and trading activity from Charles Schwab’s ( NYSE: SCHW ) client accounts, increased slightly to 49.05 in May from 48.87 in April, leaving the measure in the...

2024-06-09 05:44:00 ET Warren Buffett still lives in the house he bought 66 years ago. Walmart founder Sam Walton drove a pickup truck instead of an expensive luxury car. Wipro founder Azim Premji often flies in economy class. Not every super-wealthy person foregoes spending lav...

2024-06-08 12:05:36 ET Summary China risk has been compensated for with a cheap valuation of 0.6x PEG in the YE24-25 period. Consensus earnings revision point to 25% EPS growth. Consensus price targets indicate 30% upside potential. The economy seems to have bottomed as ha...

2024-06-07 10:11:47 ET Summary Investors in Alibaba should consider China's political landscape and its relations with the West, especially Xi Jinping's socialist stance and scrutiny of Alibaba after Jack Ma's comments. Compared to competitors, Alibaba is financially strong, but i...

In a world where technology is rapidly transforming how we live and work, many organizations are focusing on artificial intelligence (AI) as a key to transforming business operations and staying competitive. Alibaba Group Holding Ltd (NYSE: BABA) is embracing AI and encouraging other business...

Alibaba.com Teams Up with UEFA EURO 2024™ as Official B2B E-Commerce Partner to Elevate SME Success PR Newswire NEW YORK , June 7, 2024 /PRNewswire/ -- Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce and a business unit of ...

2024-06-06 10:56:34 ET More on Nvidia and Oracle Nvidia: Another Strong Quarter Reaffirms Investment Case Nvidia: Why The Rally Is Likely To Continue NVIDIA Corporation (NVDA) BofA Securities 2024 Global Technology Conference (Transcript) Antitrust police goi...

2024-06-06 09:00:11 ET Rob Sanderson from Loop Capital Markets issued a price target of $115.00 for BABA on 2024-06-06 07:58:00. The adjusted price target was set to $115.00. At the time of the announcement, BABA was trading at $79.83. The overall price target consensus ...

Alibaba.com Officially Launches Alibaba Guaranteed: Making Global Sourcing as Simple as Online Shopping PR Newswire NEW YORK , June 6, 2024 /PRNewswire/ -- Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce and part of Alibaba Intern...