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Microsoft, CISPE Agree to Settle EU Antitrust Dispute Out of Court
Microsoft (MSFT) and European cloud trade group CISPE have reached an agreement concerning the group's antitrust complaint filed against Microsoft's cloud computing licensing practices, CISPE said
China Dominates Global Generative AI Adoption As Local Startups Face Fierce Competition From The Likes Of Alibaba And Baidu
China has emerged as the global frontrunner in the adoption of generative AI, according to a survey, conducted by SAS and Coleman Parkes Research.What Happened: The survey, which included 1,600
Alibaba Leverages AI To Boost Global E-Commerce Growth: Report
Alibaba Group Holding (NYSE:BABA) is reigniting its effort to expand internationally, leveraging artificial intelligence to support this goal.The e-commerce giant is integrating its generative AI
AI stock popularity reaches a new high since 2019! Strategist: it's time to take profits and close out positions.
The strategist stated that although there may be no signs of overall price bubbles, the rise in some stocks is "worrisome".
Barclays Maintains Alibaba(BABA.US) With Buy Rating, Maintains Target Price $107
Barclays analyst Jiong Shao maintains $Alibaba(BABA.US)$ with a buy rating, and maintains the target price at $107.According to TipRanks data, the analyst has a success rate of 44.3% and a total
Alibaba.com Names Tony Parker as Global Ambassador for Paris 2024 Olympics
Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, today announced Tony Parker as a Global Ambassador for its "Same Player, New Game" creative campaign for the Olympic
Express News | Olympian and Four-Time Nba Champion Tony Parker Named as Face of Alibaba.com's Olympic Games Paris 2024 Campaign
UBS Group: Maintains a "buy" rating for Alibaba-SW (09988), with a target price of HKD 103.
According to the research report released by UBS Group, it maintains a 'buy' rating on Alibaba-SW(09988) and describes its business development as progressing in the right direction, and results can gradually be seen as GMV growth improves. Target price remains at HKD 103. The bank predicts that Alibaba's Q1 revenue by the end of June this year will increase by 6% YoY to RMB 248 billion for the fiscal year of 2025, and adjusted EBITA is expected to drop by 14% YoY to RMB 39.3 billion. Taobao's total GMV is expected to grow by 10% YoY under high base customer management.
China Inflation Strengthens Case for Policy Easing
China's softer-than-expected June inflation continues to bolster the case for monetary easing in China, ING economist Lynn Song says. Subdued inflation combined with weak credit data offer a
Top Gap Ups and Downs on Tuesday: BABA, TTE, MUFG and More
Gaps can show signals that something important has happened to the fundamental or the psychology of traders that accompanies this market movement.
JD.com, Alibaba In Reported Bidding War for UK Parcel Delivery Firm
Alibaba Options Spot-On: On July 9th, 170.08K Contracts Were Traded, With 2.28 Million Open Interest
On July 9th ET, $Alibaba(BABA.US)$ had active options trading, with a total trading volume of 170.08K options for the day, of which put options accounted for 19.57% of the total transactions, and
Express News | Shares of US-listed Chinese Stocks Are Trading Higher Possibly Ahead of China's CPI and PPI Data Expected Later Today
10 Consumer Discretionary Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
Alibaba Using Gen AI Tools to Help Foreign Merchants - Report
Alibaba's (NYSE:BABA) international e-commerce unit is using generative AI-backed tools to help foreign merchants with translation, content creation and product returns, Reuters reported, citing group vice president Kaifu Zhang.
Jim Cramer Says He Will Pay No Amount For This Energy Stock, Calls Ferguson A 'Very, Very Good' Company
On CNBC's "Mad Money Lightning Round," Jim Cramer said Ferguson plc (NYSE:FERG) is a "very, very good" company. However, he recommends Trane Technologies plc (NYSE:TT) or Carrier Global Corporation (
Alibaba Bets on Gen AI Tools for Overseas Merchants, Executive Says
Express News | Reuters Next - Alibaba's Zhang Says Money Made From AI Justifies the Investment Into the Technology
Morgan Stanley gives Alibaba-SW a "shareholding" rating and a target price of HKD 95.
JPMorgan released a research report stating that it gives a "shareholding" rating to Alibaba-SW (09988), and believes that the current stock price does not reflect the improvement of the underlying fundamentals, especially in the domestic e-commerce field, with a target price of HKD 95. The bank expects that Alibaba's stock price will maintain a range of fluctuations in the next 3 to 6 months, as its financial situation still faces the early stage of investment cycle. The bank believes that if the company can complete its major listing in Hong Kong, it will be included in the Hong Kong Stock Connect as early as September, and it is believed that there are many catalysts for the stock price to rise. In addition, it is also expected that Alibaba's total commodity trading volume (GMV) for the quarter ended in June will achieve a high unit.
Express News | Reuters Next - Alibaba Group Vice President Kaifu Zhang Says China Is on Par With the U.S. in the Rate of Innovation of AI Models