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The Latest Breaking News from BABA

Analyst Slash Earnings Estimates For Alibaba, Baidu, Others Again Amid Surging Covid Environment

Analysts slashed the earnings estimates for the Chinese technology giants for a second straight month amid the nation’s persistent goal of its Covid-Zero strategy, Bloomberg reports. Analysts trimmed Alibaba Group Holding Limited (NYSE:BABA) estimates by 4.2% and Baidu, Inc (NASDAQ:BIDU) by 8.1%. U.S.-listed shares of Baidu have lost 10% in April, while those of Alibaba…

Android Could Soon Run On RISC-V Chips Courtesy Alibaba

Android Could Soon Run On RISC-V Chips Courtesy Alibaba

Android could soon run on RISC-V chips following Alibaba Group Holding Limited's (NYSE:BABA) Alibaba Cloud's progress in porting the operating system to the emerging instruction-set architecture, the Tech Radar reports. In 2021, Alibaba successfully ported essential functions, including Chrome browsing in Android 10, to a RISC-V chip made by its subsidiary T-Head Semiconductor.…

Alibaba Slips, JD Bucks Tech Slide: What's Dragging Hong Kong Stocks Today

Alibaba Slips, JD Bucks Tech Slide: What's Dragging Hong Kong Stocks Today

Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), JD.Com (NASDAQ: JD), an

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Alibaba Group Holding Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on Alibaba Group Holding. Looking at options history for Alibaba Group Holding (NYSE:BABA) we detected 49 strange trades.

Alibaba, Other Tech Peers Snap Losing Streak In Hong Kong: What's Driving Them Today?

Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), JD.Com (NASDAQ:

Alibaba Group Holding Whale Trades For April 25

Someone with a lot of money to spend has taken a bearish stance on Alibaba Group Holding (NYSE:BABA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Alibaba Continues Restructuring; CEO Daniel Zhang Steps Down From Tmall, Taobao

Alibaba Group Holding Ltd (NYSE:BABA) Chair and CEO Daniel Zhang stepped down as Chairman and General Manager of Zhejiang Tmall Technology Co., Ltd. and Taobao (China) Software Co., Ltd, the Pandaily reports. Trudy Dai will succeed Zhang. There are currently 16 companies under Zhang’s name, six of which he holds the position…

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Alibaba Disruptive Tech Unit Axes 30% Staff; Alibaba Focuses On Carbon Neutrality

Alibaba Disruptive Tech Unit Axes 30% Staff; Alibaba Focuses On Carbon Neutrality

Alibaba Group Holding Ltd's (NYSE: BABA) DAMO Academy has gone ahead with a plan to cut a third of its workforce, the Pandaily reports.

Alibaba Cloud, VMware Collaborated For Faster, Seamless Enterprise Cloud Migration At Scale

Alibaba Cloud, VMware Collaborated For Faster, Seamless Enterprise Cloud Migration At Scale

Alibaba Group Holding Ltd's (NYSE:BABA) Alibaba Cloud and VMware Inc (NYSE:VMW) announced a jointly-developed public cloud service. The service would aid China's enterprises to support digital innovation with lower costs and risks. Alibaba Cloud VMware Service enables China's enterprises to migrate and modernize applications faster and seamlessly move workloads between on-premises VMware environments and Alibaba…

Alibaba, JD Stocks Suffer Heightened US Exodus Over Regulatory Clash

Alibaba, JD Stocks Suffer Heightened US Exodus Over Regulatory Clash

Chinese e-commerce giants have seen more of their shares shift to the Hong Kong market as Beijing failed to impress U.S. regulators, Bloomberg reports. Bloomberg saw ~77% of JD.com Inc's (NASDAQ:JD) shares circulating in Hong Kong's clearing and settling system as of April 19, versus 44% at the 2022 beginning. The shift highlighted…

Alibaba Slips Alongside Tech Peers: What's Dragging Hong Kong Markets Today?

Alibaba Slips Alongside Tech Peers: What's Dragging Hong Kong Markets Today?

Shares of U.S.-listed Chinese tech firms Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), JD.Com (NASDAQ:

Check Out What Whales Are Doing With BABA

Check Out What Whales Are Doing With BABA

Someone with a lot of money to spend has taken a bearish stance on Alibaba Group Holding (NYSE:BABA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Jack Ma's Alibaba Fintech To Grab Majority Ownership Of This Payments Platform

Jack Ma's Alibaba Fintech To Grab Majority Ownership Of This Payments Platform

Jack Ma founded Alibaba Group Holding Ltd (NYSE:BABA) fintech affiliate, Ant Group, is set to become the majority investor in Singapore-based payments platform 2C2P as part of a partnership, Reuters reports. The deal will integrate Ant's Alipay+ payment service with 2C2P's platform used by merchants in Asia, Europe, the Middle East, and the Americas.…

Why Alibaba And Other Stocks Are Not Trading In Hong Kong Today

Why Alibaba And Other Stocks Are Not Trading In Hong Kong Today

Shares of US-listed Chinese companies – Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Nio Inc.

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Alibaba Tech VP Mocks China's Covid Policies; Clarifies Not Resigning

Alibaba Group Holding Ltd's (NYSE:BABA) VP of technology, Jia Yangqing, clarified that he did not resign from the company and had traveled from Shanghai to the U.S. to see a doctor, Global Times reports. Jia traveled from Shanghai to California, the U.S., in the middle of the night because of the situation…

Why Alibaba Is Sliding, While Other Tech Stocks Are Rising In Hong Kong Today

Shares of U.S.-listed Chinese tech firms JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTC: TCEHY), and Baidu Inc. (NASDAQ:

5 Hard-Hit Stocks That Could Jump 65% or More, According to Wall Street

Amid galloping inflation, the Fed’s hawkish stance, rising U.S. Treasury yields, an ongoing geopolitical crisis, and deepening supply chain disruptions, the stock market is expected to remain volatile. But despite these macro headwinds, it could be profitable to invest in financially solid stocks with promising growth potential. Thus, Wall Street…

Alibaba Undergoes Aggressive Restructuring At Its Cloud Unit

Alibaba Group Holding Ltd (NYSE:BABA) owned Alibaba Cloud initiated a new round of organizational restructuring, the Pandaily reports. Alibaba Cloud China President Ren Geng resigned for undisclosed reasons. Geng looked to leave as early as 2021 but stayed back. Also Read: Alibaba Looks To Slash Workforce By 30% After Its MMC Division Decides…

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Alibaba Slips, Tencent, Baidu Extend Gains: What's Weighing On Hong Kong Tech Stocks Today?

Shares of U.S.-listed Chinese tech companies Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc.

Grab These 5 Large-Cap Stocks Before They Jump 40%, According to Wall Street

As the stock market is expected to remain highly volatile in the coming months, large-cap stocks should be looked at for their ability to dodge market fluctuations and deliver steady returns. Analysts expect fundamentally-sound large-cap stocks Meta (FB), Alibaba Group (BABA), AstraZeneca (AZN), Applied Materials (AMAT), and Salesforce.com (CRM) to…

Alibaba Slumps While JD, Tencent Strike Gains In Hong Kong

Shares of U.S.-listed Chinese tech companies Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTC:

Here's Why UBS Is Cautious On Microsoft, Alibaba

UBS painted a cautious picture of Microsoft Corp (NASDAQ: MSFT) and Alibaba Group Holding Ltd (NYSE: BABA).

UBS Maintains Buy Rating for Alibaba Group Holding, Lowers Price Target To $140

UBS has decided to maintain its Buy rating of Alibaba Group Holding (NYSE:BABA) and lower its price target from $150.00 to $140.00. Shares of Alibaba Group Holding are trading up 0.07% over the last 24 hours, at $103.60 per share.

This Is What Whales Are Betting On Alibaba Group Holding

Someone with a lot of money to spend has taken a bearish stance on Alibaba Group Holding (NYSE:BABA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Alibaba's Jack Ma Severes Ties With Co-founded Lifestyle Firm

Alibaba Group Holding Ltd (NYSE:BABA) founder Jack Ma Yun and movie star Jet Li have quit Taiji Zen International lifestyle firm, the Global Times reports. Li stepped down as President and GM of Taiji, while Ma led Hangzhou Kunbao Investment Consultancy Co no longer remained a shareholder of the company. Taiji’s official…

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