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Chatbot crackdown, Fed officials at odds over rate rises, and other news to start your day.

Chinas economic reopening after destructive Covid-19 lockdowns last year could boost tech, consumer services, and property stocks.

Alibaba Group Holding Limited (NYSE:BABA – Get Rating) shares fell 3.8% on Wednesday . The company traded as low as $95.53 and last traded at $95.93. 7,313,238 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 23,874,203 shares. The stock had previously closed at $99.76. Analyst Ratings Changes […]

Naviter Wealth LLC boosted its stake in Alibaba Group Holding Limited (NYSE:BABA – Get Rating) by 9.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 20,721 shares of the specialty retailer’s stock after purchasing an additional 1,796 shares during the quarter. Alibaba Group comprises 0.7% of Naviter Wealth LLC’s investment portfolio, making the […]

Chinas top internet regulator released draft rules for regulating AI. Companies will be responsible for the content their systems produce.

Shares of Alibaba Group Holding Limited (NYSE:BABA – Get Rating) have earned an average recommendation of “Buy” from the seventeen research firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to […]

Chinas top internet regulator released draft rules for regulating AI. Companies will be responsible for the content their systems produce.

Alibaba Group (NYSE:BABA – Get Rating) had its target price raised by HSBC from $138.00 to $143.00 in a research report report published on Tuesday morning, The Fly reports. HSBC currently has a buy rating on the specialty retailer’s stock. BABA has been the subject of several other research reports. KGI Securities raised Alibaba Group […]

Benchmark reaffirmed their buy rating on shares of Alibaba Group (NYSE:BABA – Get Rating) in a research report sent to investors on Tuesday morning, Benzinga reports. The firm currently has a $180.00 target price on the specialty retailer’s stock. Other research analysts have also recently issued research reports about the stock. KGI Securities raised shares […]

FengHe Fund Management Pte. Ltd. purchased a new position in Alibaba Group Holding Limited (NYSE:BABA – Get Rating) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 41,900 shares of the specialty retailer’s stock, valued at approximately $3,691,000. Alibaba Group […]