Alibaba's stock surged up to 5% on Tuesday following the unveiling of its new Zhenwu V900 AI chip at the annual Apsara conference. Developed by the company's T-Head unit, this new processor delivers three times the computing power of its previous generation and is designed...
Alibaba Group Holding Limited (BABA) announced the launch of its next-generation Zhenwu V900 AI chip, which delivers three times the performance of its predecessor, alongside a strategic plan to expand global data center capacity to over 20 gigawatts by 2032. These initiatives are designed to...
Alibaba Group shares surged 8.5% to over $177 following CEO Eddie Wu's announcement at the Cloud Summit that the company will exceed its $53 billion AI infrastructure capital expenditure plan. The firm intends to invest even more heavily in next-generation innovations, signaling a robust commitment...
Alibaba Group Holding Limited reported its fourth-quarter fiscal 2026 financial results, with non-GAAP earnings of 9 cents per ADS, missing the Zacks Consensus Estimate by 92.62%. In domestic currency, non-GAAP earnings were RMB 0.62, representing a 95% year-over-year decrease, primarily due to significant strategic investments...
The Pentagon has updated its list of Chinese military companies, adding prominent non-defense sector firms including Alibaba Group (BABA), BYD, and Baidu. This designation prevents these entities from receiving U.S. defense contracts and reflects growing concerns over Beijing's strategy of leveraging civilian businesses for military...
The article compares Alibaba Group (NYSE:BABA) and Coupang (NYSE:CPNG), ultimately recommending Alibaba as a better investment opportunity despite geopolitical risks. It highlights that while Coupang faces a severe crisis involving a record $400 million fine for a data breach, executive perjury investigations, and shareholder lawsuits,...
Shares of Alibaba (BABA) declined approximately 5% following an announcement on August 23 regarding a $10.2 billion equity offering intended to fund artificial intelligence expansion initiatives. The capital raise involved a primary placement of 710 million shares offered at a discount, sparking questions from market...
Michael Burry, the investor known for his subprime mortgage bets, announced on August 23 that he has completely sold his stake in Alibaba Group Holding Limited (NYSE:BABA). In a Substack article, Burry characterized BABA shares as overvalued and stated that the stock price would need...
Goldman Sachs analysts have identified Alibaba Group as a key investment opportunity following recent market dips, predicting a substantial recovery in earnings per share (EPS) of 64% by fiscal year 2027 and 33% by fiscal year 2028. This anticipated growth is driven by the company's...
Alibaba Group is set to sell its game development unit, Lingxi Games, to private equity firm Trustar Capital for a reported value exceeding $2 billion. The deal represents a significant asset monetization move as Alibaba continues to streamline its portfolio by divesting non-core businesses like...
Billionaire investor David Tepper has identified Alibaba Group Holding Limited (NYSE: BABA) as his top stock pick heading into 2025. Tepper, founder of Appaloosa Management LP, believes Chinese equities are trading at highly discounted valuations following government stimulus packages and central bank liquidity support. He...
Alibaba Group Holding Limited (NYSE:BABA) is positioning itself as a leading Chinese artificial intelligence investment opportunity following a major strategic partnership with Apple. In July 2026, Apple secured regulatory approval to launch its AI features in China, utilizing Alibaba's Qwen large language model for text...
Alibaba Cloud has entered a new phase of profitability driven by the successful monetization of its Artificial Intelligence capabilities, effectively closing the long-standing 'expectation gap' between technological potential and financial performance. Under the leadership of new CEO Eddie Wu, the company has pivoted from a...
3G Capital Partners LP significantly increased its stake in Alibaba Group Holding Limited (NYSE:BABA) by 275% during the fourth quarter, acquiring an additional 55,000 shares to reach a total holding of 75,000 shares. This investment represents approximately 2.6% of 3G Capital's portfolio and is valued...
The U.S. Pentagon has added Alibaba Group, Baidu Inc., BYD, and several other Chinese tech firms to its Section 1260H list of entities believed to aid the Chinese military. This designation prohibits the Defense Department from contracting directly with these companies starting later in June...
Alibaba Group held earnings for the quarter ended March 31, 2026, reporting revenue of RMB243.38 billion ($35.28 billion), a 3% increase year-over-year or 11% on a like-for-like basis excluding recent business dispositions. The report highlighted contrasting figures while profit margins faced significant pressure, as Alibaba...
Alibaba Group Holding Limited (NYSE:BABA) received concurrent price target hikes from two major investment banks, Barclays and Mizuho, both raising their targets to $195. Barclays increased its target from $186 while maintaining an Overweight rating, and Mizuho analyst Wei Fang raised the target from $190...
Alibaba Group Holding (BABA) has experienced a significant decline of approximately 36% over the past year, prompting investors to reassess whether its current valuation reflects the company's underlying cash generation capabilities. Despite this sharp drop in share price, the business continues to aggressively expand into...
Hagens Berman Sobol Shapiro LLP has filed a securities fraud class action lawsuit against Alibaba Group Holding Limited (NYSE: BABA) and certain executive officers in the Southern District of New York. The case, captioned Wistisen v. Alibaba Group Holding Limited, alleges that defendants violated the...
Alibaba Group (BABA) shares closed at USD 113.21 on the NYSE on September 18, 2026, posting a 4.30% gain as investors weighed fresh legal and regulatory developments. The stock has been volatile recently, having fallen 12.4% over the prior month compared to a 2% decline...
