NYSE:BABA - New York Stock Exchange, Inc. - US01609W1027 - ADR - Currency: USD
KraneShares introduces new leveraged ETF to track twice daily movement of Latin America's top e-commerce and fintech giant MercadoLibre.
We recently published a list of Investors Are Dumping These 10 Stocks. Alibaba Group Holding Limited (NYSE:BABA) is one of the worst-performing stocks on Thursday. Alibaba dropped its share prices by 3.64 percent at intra-day trading on Thursday at $115.95 apiece, tracking an overall sluggish market sentiment, as investors traded cautiously despite a new trade […]
On Yupp, chatbot users earn cash by saying which of two prompts they prefer—info that has great value to the AI companies running the models
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The athletic apparel company cut its earnings per share guidance for the year by $0.37 to a range of $14.58 and $14.78. Tariffs will impact Lululemon's costs. U.S. consumers appear to be growing more cautious about discretionary spending.
Shares of the unit, now rebranded to Damai Entertainment, have more than doubled in the past month.
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The share price of Venture Global, Inc. (NYSE:VG) surged by 18.43% between June 5 and June 12, 2025, putting it among the Energy Stocks that Gained the Most This Week. Let’s shed some light on the development. Venture Global, Inc. (NYSE:VG) develops and constructs LNG export projects to provide clean, affordable energy to the world. […]
Damai Entertainment Holdings, formerly Alibaba Pictures Group, is shifting its focus from movies production to faster-growing entertainment segments targeting younger consumers — and investors are taking notice.
Both giants could become long-term winners, but owning their stocks would take a different mindset altogether.
Both giants could become long-term winners, but owning their stocks would take a different mindset altogether.
Mentions: AMZN
Alibaba's chart shows a clear footprint of institutional buying, and also an opportunity for investors to start buying up at these ranges.
* U.S. President Donald Trump said on Wednesday U.S. personnel were being moved out of the Middle East because "it could be a dangerous place", adding that the United States would not allow Iran to have a nuclear weapon. * U.S. consumer prices increased less than expected in May as cheaper gasoline partially offset higher rents, but inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs.
(Reuters) -Chime Financial's shares surged 59% in their hotly anticipated Nasdaq debut on Thursday, valuing the digital bank at $18.4 billion and extending a winning streak for new stock market listings. If momentum holds in the next few weeks, Chime could reinvigorate confidence among other players in the fintech industry, where valuations have cooled from pandemic-era highs. "If well-received, Chime could help reopen the IPO window for other long-delayed unicorns."
(Reuters) -German biotech firm BioNTech has agreed to acquire domestic peer CureVac for about $1.25 billion worth of BioNTech shares, it said on Thursday, to boost its work on new mRNA-based cancer treatments. Under the deal, which pairs two former rivals in the race to develop COVID-19 vaccines, CureVac shareholders stand to receive a premium of 55% over the three-month average share price, and leave them with a stake of about 4%-6% in BioNTech, the suitor said. CureVac's Frankfurt-listed shares surged 27% to a five-month high, valuing the company at 1.04 billion euros ($1.2 billion), while BioNTech shares were down 2% by 1237 GMT.
Last month, Hong Kong's legislature passed a stablecoin bill that establishes a licensing regime for fiat-referenced stablecoin issuers in Hong Kong. Stablecoins, a type of cryptocurrency designed to maintain a constant value, usually pegged to a fiat currency such as the U.S. dollar, are commonly used by crypto traders to move funds between tokens. "We plan to apply for the fiat-referenced stablecoins (FRS) issuer's license once the process is open after the Stablecoins Ordinance takes effect on August 1," Ant International said in a statement.
The analyst said the company’s inflated valuation lacked support from core profitability and durable fundamentals.
The company, which operates cryptocurrency mining facilities and offers financial services, did not disclose how ti plans on raising the funds.
The merger, first announced in 2023, would create a global crop trading and processing giant closer in scale to chief rivals Archer-Daniels-Midland and Cargill. Bunge and Viterra said in two separate, similarly worded statements to Reuters that the companies were in the final stage of regulatory approval and thanked Chinese officials for "constructive dialogue throughout the review process."
Alibaba Group Holding Ltd.’s engineers canceled vacations and worked through the Chinese New Year holiday to play catch up after DeepSeek shocked the global tech industry with its low-cost, powerful artificial-intelligence model in January.
This new dual-release model utilises logical thinking to generate responses.
Frank Holland breaks down what traders are watching ahead of the new session.
Broadcom Inc. (NASDAQ:AVGO) is one of the 10 tech stocks on Wall Street’s radar right now. On June 6, Truist analyst William Stein increased his price target on Broadcom Inc. (NASDAQ:AVGO) to $295 from $267 and maintained a Buy rating after the company posted solid results for FQ2 2025. The firm noted that the stock […]
Wedbush analyst Daniel Ives maintained an Outperform rating on Apple Inc (NASDAQ:AAPL) with a price forecast of $270. On Monday, Apple will host WWDC in Cupertino at Apple Park, where it will present its key annual conference for developers. Ives stated in the analyst note that Apple’s AI strategy has faced many challenges since the launch of Apple Intelligence, as this ultimately unlocks the developer ecosystem, which remains the heart and lungs of the Apple story. Also Read: Tariffs, AI And Tr
New age problems require new age solutions.
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The average brokerage recommendation (ABR) for Alibaba (BABA) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?