Alibaba Group Holding Ltd is a leading multinational conglomerate specializing in e-commerce, retail, and technology. The company operates various online marketplaces that connect consumers and businesses, facilitating the sale of goods and services. Beyond e-commerce, Alibaba has diversified its offerings to include cloud computing, digital media, and entertainment, striving to empower businesses with innovative technology solutions. With a strong focus on integrating online and offline experiences, Alibaba continuously evolves its platform to meet consumer demands and optimize supply chain efficiency. The organization's mission is to make it easy to do business anywhere, leveraging its expansive reach to foster global commerce. Read More
David Sacks and OpenAI CEO Sam Altman defended Donald Trump's AI chip deals with Gulf states, calling them a strategic win over China despite bipartisan concerns about national security risks.
The New York Times reports that U.S. officials are worried the deal could boost Chinese AI capacity, spread censored chatbots, and deepen Apple's exposure to Beijing's data and censorship laws.
Alibaba Group reported mixed fourth-quarter fiscal 2026 results, beating earnings estimates while lagging on revenues. Investors should take a close look at ETFs having the largest allocation to this Chinese e-commerce giant.
Analyst maintained Buy rating, lowered price target for Alibaba. Q4 revenue missed estimates due to divestitures, but strong growth in core commerce and Cloud.
Hong Kong, China, 15th May 2025 – Amid growing criticism of the global influencer economy’s inequities, BrandU has officially introduced its AI-powered influencer infrastructure platform – designed to empowers micro-influencers with instant payouts, seamless brand collaborations, and borderless growth, while ensuring brand safety and measurable ROI.
A wave of caution swept across Asian trading floors for the second consecutive day on Friday, as investors, finding few fresh catalysts, opted for a more circumspect stance.
'The Big Short' famed investor Michael Burry, who accurately predicted the 2008 housing market crash, has turned bearish on most equities while doubling his stake in cosmetics giant Estée Lauder Companies Inc. during the first quarter, according to 13F regulatory filings with the Securities and Exchange Commission on Thursday.
Nvidia plans to open a new R&D center in Shanghai to stay competitive in China's AI market while navigating strict U.S. export controls that threaten its chip sales.
