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2024-04-04 11:53:25 ET Summary I refrain from describing Alibaba Group Holding Limited stock as a "dead money" investment and see 3 bullish factors that make it a "Buy" right now. Read on. We can see from the latest sales and EBITA dynamics in the company's various segments that t...
2024-04-03 23:39:50 ET Summary Alibaba shares have been heavily discounted, making them a compelling buy with potential for future growth. Billionaires, including David Tepper, have been buying Alibaba shares, indicating confidence in the company. BABA itself has been buying b...
2024-04-03 08:00:02 ET Gary Yu from Morgan Stanley issued a price target of $85.00 for BABA on 2024-04-03 05:57:00. The adjusted price target was set to $85.00. At the time of the announcement, BABA was trading at $72.88. The overall price target consensus is at $167.38 ...
2024-04-03 06:22:49 ET Alibaba (NYSE: BABA) stock price is not doing well in 2024 as the company faces a mountain of challenges in China and abroad. It has dropped by almost 6% this year, 26% in the past 12 months, and by 60% in the past 5 years. As a result, it has lagged behind all ma...
2024-04-02 23:57:56 ET Summary Coupang's positive momentum continues, with accelerated growth in all metrics and a sustainable trajectory for the future. The company's development offering in Taiwan is showing promising results, with significant revenue growth and potential for pr...
2024-04-02 10:35:42 ET More on Alibaba Alibaba: Something's Got To Give And It's Been The Share Price Alibaba: Stop Chasing Dead Money Alibaba: The AI Bet Has Potential Alibaba abandons Cainiao's Hong Kong IPO, plans $3.75B stock buyback of unit Aliba...
2024-04-02 06:20:00 ET Walmart (NYSE: WMT) and Alibaba (NYSE: BABA) are two of the world's largest retailers. Walmart operates more than 10,500 stores and warehouse clubs across 19 countries and a wide range of e-commerce websites. Alibaba owns Taobao and Tmall, the two larg...
Earlier this week, Alibaba Group Holding Ltd. (NYSE: BABA) officially launched a training facility in Dubai. The training center, under the Alibaba Cloud umbrella, will operate as the digital technology and intelligence backbone of the multinational technology company, which specializes...
2024-04-01 03:50:08 ET Summary Tech stocks are running hot in 2024, with the NASDAQ-100 approaching 40 times earnings. Most tech companies haven't delivered the kinds of results that justify such valuations. For this reason, I'm prioritizing income for fresh buys in 2024. This...
2024-03-30 11:00:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Recently, the U.S. House of Representatives passed a bill to ban TikTok . Should this ban be ratified by the U.S. Senate, several U.S. companies and the stock market could react negatively....
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Chinese e-commerce giant Alibaba Group Holding Ltd. (NYSE: BABA) is looking to leverage generative artificial intelligence (AI) tools to support merchants based in foreign countries. During the recent Reuters NEXT Conference held in Singapore, top officials from the company revealed that Alib...
2024-07-15 16:35:00 ET Shares of Chinese tech stocks Alibaba (NYSE: BABA) , Baidu (NASDAQ: BIDU) , and JD.com (NASDAQ: JD) fell on Monday, down 2%, 5.9%, and 5.3%, respectively, in Monday's trading session. The downdraft in China-oriented consumer tech names appe...
2024-07-14 05:25:00 ET Several artificial intelligence (AI) stocks have gone parabolic in the past few years thanks, in part, to investor excitement about the potential of the technology. Nvidia and Super Micro Computer are two prime examples. Their ability to tap into the current A...