The Alibaba Group Holding Ltd. ADR BABA rose 3.78% to $139.08 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.26% to 19,
Alibaba rallied on Jack Ma’s return, AI buzz, and earnings, but it’s still below its 2020 peak. Read why I think BABA stock is a sell.
Ieq Capital LLC trimmed its position in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 36.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
We recently published a list of 10 AI News Updates Making Waves on Wall Street. In this article, we are going to take a look at where Alibaba Group Holding Limited (NYSE:BABA) stands against other AI news stocks making waves on Wall Street.
Shares of Alibaba ( BABA -9.10%) were taking a dive today after investors balked at the company's big spending plans in cloud and artificial intelligence (AI). As a result, the stock was down 9.7% as of 11:24 a.m. ET.
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain consumer sentiment and decelerating economic
Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend about $53 billion over the next three years on its cloud computing and Artificial Intelligence infrastructure. The spending plan amounts to nearly eight times its most recent quarterly profit of $6.7 billion.