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The Latest Breaking News from Alibaba

Alibaba's new AI video generator joins growing crowd of Sora competitors

Alibaba reveals a new text-to-video AI tool.

TechRadar

Alibaba says its is ready for AI demand with new modular datacenter architecture

Alibaba has revealed a new modular datacenter architecture, which promises to cut deployment times by 50%.

TechRadar

Dow Jones Futures: Meta, Apple, Tesla Lead New Buys In Big Rally. Pay Attention To This Key Shift.

The Dow Jones and S&P 500 hit new highs and the Nasdaq topped key levels as growth led the day 2 reaction to Fed rate cuts.

Investors Business Daily

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Alibaba cloud servers being 'carefully dried' after firefighter drenching last week

In a status update on Monday, Alibaba Cloud services said it was still gradually restoring access to servers and data affected by a fire last week. Specifically, servers were being 'carefully dried' after sprinklers, and firefighters drenched them to save them from a fire.

Tom’s Hardware

New Golang malware capable of cross-platform backdoor attacks spotted in the wild

Chinese hackers were spotted targeting a Chinese trading company with new malware.

TechRadar

Timestamp analysis behind Alibaba Cloud server failure prediction strength

Alibaba Cloud has enhanced BERT with its own dataset of 2.7 billion logs to enhance server failure prediction.

TechRadar

Alibaba Shares Show Growth After Completion of 3-Year Regulatory Overhaul

Alibaba's shares show an increase after the e-commerce giant completed its "rectification" process.

International Business Times

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Alibaba is upgrading its Hong Kong listing to primary, and that could potentially unlock billions in new investment

A primary listing in Hong Kong would allow eligible mainland Chinese investors to purchase Alibaba shares through a stock connect program.

Fortune

Alibaba To Upgrade Hong Kong Listing Amid Profit Drop

Chinese e-commerce giant Alibaba said Friday it would upgrade its Hong Kong-listed shares to primary status, opening it up to China's huge army of investors that could potentially rake in billions of dollars for the firm.

International Business Times

'Big Short' Investor Michael Burry Ditches Gold, US Stocks For Cheap Chinese Internet Companies

Burry reduced Scion Asset Management's portfolio size by almost half in Q2 to just over $50 million as part of a reshuffling that involves investments in healthcare and China's tech firms.

International Business Times UK

Coupang, IBD Stock Of The Day, Eyes New Buy Point To Build On 2024 Gains

Coupang stock is near a consolidation pattern buy point, as the South Korean e-commerce leader looks to add to its 2024 gains.

Investors Business Daily

Big China Stimulus May Finally Be Coming; Copper Price, TECK, BABA Rally

The copper price, Teck Resources and Chinese e-commerce giant Alibaba continued rallying on growing signs that China will unleash a big fiscal stimulus.

Investors Business Daily

3 Cheap Contrarian Stocks That Top Fund Managers Bought in Q2

The recently filed 13Fs revealed some contrarian bets that top fund managers made in Q2. Of these, Ulta Beauty, Alibaba, and Nike deserve special mention, as these stocks have underperformed badly and were squarely out of favor with markets.

Barchart

Equities Surge On Strong US Consumer Data

The dollar rose more than one percent against the yen after the retail sales report was released.

Latin Times

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Investors Business Daily

Stock Market Rally Revs Higher On Bullish Economic Data; Walmart Jumps On Earnings: Weekly Review

The stock market confirmed its rally attempt and kept rising amid near-perfect economic data. Walmart was among earnings winners.

TechRadar

Alibaba sees revenue hit by caution in cloud space

News follows previous results from this quarter suggesting that cloud dominance is still very much a three-horse race.

International Business Times

Asian Markets Surge On Strong US Consumer Data

Japanese stocks surged and markets across Asia started strong on Friday, tracking substantial gains on Wall Street after encouraging US retail sales data reassured investors about the health of the world's biggest economy.

International Business Times

Chinese Tech Giant Alibaba's Quarterly Profit Shrinks 29 Percent

Chinese e-commerce giant Alibaba reported a 29 percent fall in quarterly profit on Thursday as it battles sluggish consumption during an economic slowdown.

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Investors Business Daily

Dow Jones Rallies 475 Points On Strong Retail Sales; Cisco, Walmart Surge On Earnings

Stock Market Today: The Dow Jones rallied 400 points Thursday on strong U.S. retail sales. Nvidia stock looked to extend its win streak.

Investors Business Daily

Dow Jones Futures Rise On Walmart, Cisco As Retail Sales Loom; New Warren Buffett Buy Soars

Futures rose as Walmart and Cisco leapt on earnings, with retail sales due. Warren Buffett's Berkshire bought an Ulta Beauty stake.

Investors Business Daily

Alibaba Stock Flat As China E-Commerce Giant's Sales Miss. Rival JD Jumps On Earnings Beat.

Alibaba stock fell on a revenue miss while shares of rival JD.com moved higher on stronger-than-expected earnings.

The Independent UK

Japan's SoftBank reduces its investment losses with gains in Alibaba and other holdings

Japanese technology giant SoftBank Group has reported a smaller loss for the April-June quarter compared to a year earlier

Fortune

Alibaba president can’t catch up to AI

Kuo Zhang is far more concerned about the rapid development of AI than geopolitics.

TV Tech

Alibaba Cloud, OBS Launch AI-Fueled OBS Cloud 3.0 for Paris Olympics

Delivery of live signals over OBS Live Cloud becomes the main method of remote distribution to broadcasters, a first

Investors Business Daily

China's Problems Are Impossible To Hide Anymore

It's easy to invest in China ETFs when the economy is growing quickly. But with China's sluggish economy, the entire equation changes.

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