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The Latest Breaking News from Alibaba

AMD, Alibaba, Starbucks Earnings On Deck As Q2 Reporting Season Passes Half-Way Mark

We are past the halfway mark of the June quarter reporting season, going by the number of S&P 500 companies that have reported their earnings.

Benzinga

Alibaba Stock Plummets As Chinese Regulators Pressure Jack Ma To Cede Control Of Ant Financial

Alibaba Group Holding Ltd - ADR (NYSE: BABA) finished a news-packed week on a low note Friday and was down about 9.5% following reports that billionaire Jack Ma is giving up control of Ant Financial.

Benzinga

Jack Ma gives up power, escapes Beijing’s crosshairs

Jack Ma is taking a weeks-long tour in Europe after largely disappearing from public view for almost two years, adding to signs that China’s government is easing pressure on the entrepreneur as he steps back from a business empire that had made him one of the country’s most powerful people.

Bangkok Post

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Alibaba Slumps 4% After Reports Of Jack Ma's Plan For Ant: Hang Seng Falls Despite Wall Street Rally Amid Xi-Biden Phone Call

Hong Kong’s benchmark Hang Seng Index was in the red on Friday, losing over 0.5% in opening trade, despite a continuing rally on Wall Street. Alibaba shares fell close to 4% following reports Chinese billionaire Jack Ma is planning to cede control of Ant Group.

Benzinga

Nowhere to Hide: ZhongAn Hammered by Stock and Bond Bloodbaths

Key Takeaways: ZhongAn warned that it lost as much as 750 million yuan in the first half of 2022, reversing a year-ago profit, due to a drop in its investment income and foreign-exchange losses The digital insurer made its first-ever underwriting profit last year, but its profitability still depends heavily…

Benzinga

Alibaba, Nio Fall Over 3% As Hang Seng Tracks Weaker Wall Street Close: All Eyes Now On Aussie Inflation Data

Shares of Alibaba, Nio and Li Auto lost more than 3% on Wednesday morning with the Hong Kong’s benchmark index Hang Seng falling over 1%, ahead of the release of Australia’s inflation report.

Benzinga

A Look At Alibaba As Rival E-Commerce Giant Amazon Prepares To Print Q2 Earnings

Alibaba Group Holdings, Ltd (NYSE: BABA) gapped up over 3% higher on Tuesday, where the stock ran into a group of sellers who pressured it down to almost completely fill that empty trading range.

Benzinga

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Benzinga Before The Bell: Walmart's Outlook Cut, Apple's Self Driving Car Dreams, Coinbase's SEC Investigation And Other Top Financial Stories Tuesday, July 26

CNBC

Benzinga

Global stocks mixed ahead of expected US rate hike

Global stock markets are mixed as investors brace for another sharp interest rate hike by the Federal Reserve to cool inflation

The Independent UK

Alibaba Surges 3.6% On Primary Hong Kong Listing Plan, Hang Seng Sees Trend-Reversal

Hong Kong’s benchmark Hang Seng Index opened in the green on Tuesday, flipping the trend from Monday, as better-than-expected economic growth data from South Korea offset mixed cues from Wall Street ov

Benzinga

Benzinga Before The Bell: Apple's iPhone Discount, Tesla's Bitcoin Loss, US Investor Fear And Other Top Financial Stories Monday, July 25

CNBC

Benzinga

Alibaba, Baidu, Tencent Slide: Hang Seng Falls 1% As Bank Of Japan Rate Decision Eyed

Hong Kong’s benchmark Hang Seng Index opened in the red on Thursday as shares of Baidu Inc (NASDAQ: BIDU), Alibaba Group Holding Ltd. (NYSE: BABA<

Benzinga

China to fine ride-hailing giant Didi more than $1bn

BEIJING: China is preparing to hit ride-hailing giant Didi with a fine of more than US$1 billion to wrap up a long-running probe, media reports said, boosting investor hopes that the country's tech crackdown is winding down.

Bangkok Post

Alibaba, Meituan, JD Lead Hong Kong Rally As Markets Cheer Wall Street Bounce

Hong Kong's benchmark Hang Seng Index rose over 2% in early Wednesday trading after a strong opening, driven by big tech stocks such as Alibaba Group Holding Ltd. (NYSE: BABA) and Meituan (OTC:

Benzinga

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Benzinga

Bulls And Bears Of The Week: Twitter, Disney, Netflix, Ford, Tesla And This Warren Buffett-Backed Stock

Benzinga has examined the prospects for many investors' favorite stocks over the past week, while offering a 24/7 news feed, live chat and charting software on Benzinga Pro.

StockNews.com

Alibaba vs. Amazon: Which E-Commerce Giant Is the Better Investment?

Despite high inflationary pressure and continued supply chain disruptions, resilient consumer spending and enhanced delivery services should help the e-commerce industry to stay afloat. However, considering the uncertain market conditions, e-commerce giants Amazon.com (AMZN) and Alibaba Group (BABA) are expected to remain under pressure. But is it wise to buy…

Benzinga

Alibaba, JPMorgan And XPeng All Share This Pattern: Here's What To Watch For

Alibaba Group Holdings Ltd - ADR (NYSE: BABA), JPMorgan Chase & Co (NYSE: JPM) and XPeng Inc - ADR (NYSE: XPEV) are all tra

Asharq Al-Awsat

China Officials Haul in Alibaba Execs over Massive Data Heist

Alibaba shares sank on Friday after a report said the tech giant's executives had been called in for meetings with Chinese officials over the theft of a vast police database. A hacker last month put on sale what they claimed was the personal information of hundreds of millions of Chinese…

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Benzinga

Alibaba Slips As Execs Summoned, China Growth Pace Slows — Nio, EV Peers Buck Trend

Shares of major U.S.-listed Chinese companies traded mixed in Hong Kong on Friday, with tech heavyweights like Alibaba Group Holdings (NYSE: BABA), Baidu Inc (NASDAQ: BIDU), JD

The Independent UK

Log4j software flaw 'endemic,' new cyber safety panel says

A new cybersecurity panel created by President Joe Biden says a computer vulnerability discovered last year in a ubiquitous piece of software is an “endemic” problem that will pose security risks for potentially a decade or more

The Conversation

China's big tech problem: even in a state-managed economy, digital companies grow too powerful

China’s digital economy has advanced rapidly over the past two decades, with services, communications and commerce moving online.

Investors Business Daily

Amazon Prime Day Could Inspire Phishing Attacks, Ransomware

With Amazon Prime Day kicking into high gear, the most impersonated retail brand for phishing websites is Amazon, then Walmart and Alibaba.

Benzinga

Here's Why Alibaba Stock Looks Ready To Bounce

Alibaba Group Holdings, Ltd (NYSE: BABA) was trading flat on Tuesday after plunging over 9% on Monday on a report China has fined the e-commerce and tech giant for failing to comply with anti-monopoly rules.

Investors Business Daily

Dow Jones Futures Fall, Crude Dives After Market Rally Runs Into China Wall

Stocks fell from resistance Monday on China news and looming inflation data. Tesla, Twitter and Alibaba were big losers.

The Independent UK

Alibaba and Tencent stocks plunge after latest fines

Shares of Chinese technology firms Alibaba and Tencent have tumbled after Chinese regulators fined their subsidiaries for failing to disclose transactions and not complying with anti-monopoly rules

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