Page 43 - Ababa News Today

By Dean Seal Shares of Alibaba Group fell after the company canceled a spinoff of its Cloud Intelligence Group. The stock was down 8.2% at $79.94 in...

Chinese tech giant says export ban on advanced chips may also affect its wider business

Shares of Nio Inc. took an 9.9% dive toward a three-year low in morning trading Thursday, after a much anticipated meeting between U.S. President Joe Biden...

Shares of Alibaba were tumbling in premarket trading as the company said it would shelve some spinoff plans.

U.S. stocks are retreating on Thursday as a powerful November rally hits a speed bump.

Alibaba Group Holding Limited (NYSE:BABA – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $83.87, but opened at $86.96. Alibaba Group shares last traded at $86.80, with a volume of 6,564,199 shares. Wall Street Analysts Forecast Growth A number of analysts recently commented on BABA shares. […]

Meitav Investment House Ltd. boosted its stake in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 54.4% in the 2nd quarter, HoldingsChannel reports. The fund owned 240,568 shares of the specialty retailer’s stock after buying an additional 84,769 shares during the quarter. Meitav Investment House Ltd.’s holdings in Alibaba Group were worth […]

Alibaba is expected to report earnings of $2.11 a share on revenue of $31 billion in the September quarter.

Mizuho Markets Americas LLC lessened its stake in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 70.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 37,036 shares of the specialty retailer’s stock after selling 89,890 shares during the period. Alibaba Group comprises approximately […]

JD.com reports third-quarter earnings Wednesday. The results could reinforce the bullish investment case for China at a tough time for the world’s...