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The Latest Breaking News from Alibaba

Why it’s becoming harder to get super-rich in China

“To get rich is glorious.” In the 1980s, this was one of the most famous sayings – unofficially, at least – to describe the ethos at the dawn of the opening-up period in post-Maoist China.

The Conversation

Alibaba Stock Q4 Forecast: Is It Too Late to Buy BABA After the Rally?

Last week, Alibaba stock rallied amid the broad-based rally in Chinese stocks. BABA stock's forecast looks positive and it is still not too late to buy the Chinese e-commerce giant.

Barchart

The Best ‘BABA’ Buy Among Alibaba’s Top 11 Unusually Active Options

Alibaba had 11 unusually active options in Thursday trading with Vol/OI ratios of 10 or greater. Its total options volume was more than 4x the 30-day average as investors continued to ride the rebound.

Barchart

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Alibaba Stock's Set to End September With a Bang. Here's Why

Alibaba stock is headed toward its best month since December 2022 and Wall Street sees even more upside ahead. Here's what you need to know.

Kiplinger

Dave Tepper Says: Buy Everything China - Start With Alibaba

Summary Investing legends like David Tepper, Ken Griffin, Ray Dalio, Jamie Dimon, and Warren Buffet are bullish on Chinese stocks, particularly Alibaba (BABA). Alibaba's diverse business segments and strong technical indicators signal a promising investment, with a 33.64% gain since 7/29. Alibaba boasts a market cap of $242 billion, a...

Barchart

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

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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

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

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Barchart

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.

Latin Times

Equities Surge On Strong US Consumer Data

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

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.

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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.

The Times of India

Colin Huang, Temu owner’s billionaire founder, becomes China’s richest person

After several moderately successful ventures in gaming and e-commerce, Colin Huang got sick and retired. At one point, the young entrepreneur stayed home for a year thinking about his next move.

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.

The Times of India

Hundreds of China merchants join protest against Temu

Hundreds of merchants staged a rally at PDD Holdings Inc’s offices in southern China this week, protesting what they called unfair penalties that Temu’s owner is increasingly levying.

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

Fortune

Timothy Armoo lost over £74k on Alibaba Stock, before tapping into his generation's love for avocados and influencers—now he’s a self-made multimillionaire

Timothy Armoo says an avocado business and lithium mine have been his best investments.

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