Alibaba investors hail e-commerce giant’s AI pivot as it plots major investment outlay
Alibaba’s Hong Kong-listed shares surged 15 per cent on Friday, following an 8 per cent gain overnight in New York.
techxplore38m
China's Alibaba to invest $50 bn in AI, cloud computing
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing ...
Nikkei Asia3d
Hong Kong shares hit 3-year peak as money flows to China tech sector
SHANGHAI/HONG KONG -- Hong Kong shares hit their highest in three years on Friday as better-than-expected earnings by e-commerce conglomerate Alibaba Group Holding stoked a rally that has been driven ...
Alibaba: Fiscal Q3 Earnings Snapshot
(BABA) on Thursday reported fiscal third-quarter profit of $6.71 billion. On a per-share basis, the Hong Kong-based company said it had ...
Asia markets mixed on U.S. trade tariffs and rates jitters; Alibaba fuels Hong Kong rally
Asia-Pacific markets trade in a tight range on Friday amid persistent concerns over U.S. trade tariffs and high for longer ...
Benzinga.com4d
Alibaba Struggles In Hong Kong Trading Before Earnings, Shares Dip As US Funds Jump In, But Asia Pulls Back
Alibaba Group Holding Ltd. BABA BABAF shares traded at HKD 120.60 ($15.49) on Thursday in Hong Kong, down 2.82% ahead of its third-quarter earnings announcement. What Happened: Major U.S.
Alibaba Soars, Amazon Tops Walmart: Retail and Tech Giants Face Off
Alibaba’s 239% profit surge boosts shares nearly 15%, while Amazon tops Walmart in revenue for the first time. Is tech taking ...