Alibaba Group Holding Limited (NYSE:BABA) Q2 2024 Earnings Call Transcript
Operator: Good day, ladies and gentlemen. Thank you for standing by. Welcome to Alibaba Group’s September Quarter 2023 Results Conference Call.
Source: insidermonkey.com
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Alibaba scraps cloud business spin-off citing US chip export ban
Alibaba Group has scrapped plans to spin-off its cloud business, citing uncertainties created by U.S. export curbs on chips used in artificial intelligence applications.
Source: dealstreetasia.com
Tanking Alibaba Drags Hong Kong As Markets Rally Fades
Asian stocks fell Friday as a rally fuelled by the likely end of US interest rate hikes ran out of puff, while Alibaba dragged Hong Kong down after saying it would cancel the planned spinoff of its cloud computing arm.
Source: ibtimes.com
Alibaba shares dive after cloud service called off | Borneo Bulletin Online
HONG KONG (AFP) – Shares in Chinese e-commerce titan Alibaba tanked more than seven per cent at the Hong Kong open Friday after the firm’s surprise decision to call off part of its high-profile restructuring because of the US-China chip war. In a move that shocked investors, the Hangzhou-based tech giant said Thursday that US […]
Source: borneobulletin.com.bn
Alibaba shares dive more than 7% after cloud service called off
Shares in Chinese e-commerce titan Alibaba tanked more than seven percent at the Hong Kong open Friday after the firm's surprise decision to call off part of its high-profile restructuring because of the US-China chip war.The firm's stock dived 7.13 percent soon after the starting bell in Hong Kong, tracking a collapse in its New York-listed shares.
Source: yahoo.com