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If You Invested $1,000 In Alibaba Stock At Its COVID-19 Pandemic Low, Here's How Much You'd Have Now
Tuesday, May 10, 2022 - 2:44pm | 494Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom. Alibaba's Bumpy Ride: One company that has been a...
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Rumors Of Alibaba Founder Getting Arrested Spread After Report Says China Put 'Curbs' On Person With Same Surname
Monday, May 2, 2022 - 10:30pm | 232Chinese authorities have placed an individual with the last name Ma under “compulsory curbs” in the city of Hangzhou, Bloomberg News reported on Tuesday, citing state broadcaster CCTV. What Happened: Hangzhou is the home base of Jack Ma-founded Alibaba...
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7 Corporate Titans Who Took Over Media Companies: Adelson, Bezos And More
Tuesday, April 26, 2022 - 6:50pm | 675As opposed to expectations for a drawn-out soap opera, it took just three weeks for Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk to force the Twitter Inc. (NYSE: TWTR) board into yielding. Twitter confirmed Monday it has agreed to be taken private by Musk for $54.20 per share, or $44 billion in...
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Recent Probe Into Jack Ma's Ant Group Involved China Corruption Watchdog: Report
Thursday, April 14, 2022 - 3:29am | 346China’s corruption watchdog Central Commission for Discipline Inspection was among the top state agencies involved in a recent inquiry into links between Billionaire Jack Ma’s Ant Group Co. and state-owned Chinese companies, according to a Bloomberg report...
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Is Charlie Munger's Patience Wearing Off? Daily Journal Cuts Alibaba Holdings By Half In Q1
Tuesday, April 12, 2022 - 8:31am | 520Alibaba Group Holdings, Inc. (NYSE: BABA) shares have been in the doldrums ever since Chinese regulators began hounding the company following anti-establishment outbursts by its founder Jack Ma in late 2020. An astute investor who began piling into the shares of the Chinese ecommerce behemoth,...
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Chinese Regulators Aren't Done Yet: Authorities Reportedly Seek Overhaul Of Tencent's Payment Platform
Friday, March 18, 2022 - 2:44pm | 561U.S.-listed China stocks launched into a rally earlier this week, encouraged in part by indications from Beijing that the witch-hunt against these companies will soon end. A Bloomberg report, however, suggested that it may be too early to call a truce. What Happened: Media and...
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Alibaba Slides, But Holds This Bullish Pattern: How To Trade It
Thursday, March 10, 2022 - 1:17pm | 588Alibaba Group Holdings Ltd - ADR (NYSE: BABA) was trading more than 7% lower on Thursday, compared to the S&P 500 which was trading less than 1% lower. The heavily beaten-down stock has suffered due to China’s continued crackdown on its domestic technology sector and on...
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Why Alibaba Shares Are Trading Lower Today
Tuesday, February 22, 2022 - 10:37am | 250Alibaba Group Holding Ltd (NYSE: BABA) is trading lower Tuesday following reports suggesting China asked state firms to check their investments in Jack Ma's Ant Group. According to a Bloomberg report, citing people familiar with the matter, several regulators have asked...
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If You Invested $1,000 In Alibaba's Stock One Year Ago, Here's How Much You'd Have Now
Friday, February 4, 2022 - 8:40am | 613Investors who have owned stocks in the past year have generally experienced some solid gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the last 12 months is 22%. But there is no question some big-name stocks performed better than others along the way. Alibaba’s...
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Can The Appointment Of This Former English Student Of Jack Ma Reverse Alibaba's Fortunes?
Thursday, December 9, 2021 - 3:18am | 546Alibaba Group Holding Limited (NYSE: BABA) shares have plunged over 46% in New York since the year began but could the appointment of Trudy Dai, a founding member of the company, as in charge of domestic e-commerce be a game-changer? Who Is Turdy Shan Dai? Dai, a bachelor’s degree...
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Alibaba Shoots Up 8% In Hong Kong As Jack Ma Lands In Europe, JD And Others Follow Course
Wednesday, October 20, 2021 - 12:31am | 617Shares of Alibaba Group Holding Limited (NYSE: BABA), Baidu Inc. (NASDAQ: BIDU), JD.Com Inc. (NASDAQ: JD), Tencent Holdings Inc. (OTC: TCEHY) and Li Auto Inc. (NASDAQ: LI) extended gains in Hong Kong on Wednesday, while Xpeng Inc. (NYSE: XPEV) traded lower. What’s Moving: Chinese e-commerce...
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Here's Why Alibaba Is No Longer Top Choice For Shoppers After Ruling China's E-Commerce Market For 15 years
Sunday, October 17, 2021 - 5:05pm | 399After being China's unbeatable e-commerce giant for more than 15 years, Alibaba Group Holding Limited (NYSE: BABA) is facing growing competition in the market. As consumer behavior shifts from targeted product searches to browsing and interaction, competitors are exploring the...
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Alibaba Analysts Have Been Cutting Their Forecast For 12-Month Earnings Over Past 3 Weeks
Friday, October 15, 2021 - 3:28am | 362Alibaba Group Holding Limited’s (NYSE: BABA) earnings forecast has been cut by analysts to a one-year low just as the Chinese e-commerce giant prepares to announce its second-quarter earnings results early next month, Bloomberg reported Thursday. What Happened: The analysts have cut their...
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Alibaba's Ant Boosts Capital To $5.4B Amid Restructuring
Monday, October 11, 2021 - 3:37am | 334Alibaba Group Holding (NYSE: BABA)-backed Ant Group has secured approval to boost its registered capital to $5.4 billion, up 47%, Bloomberg News reported on Sunday, citing National Enterprise Credit Information Publicity System. What Happened: The boost in the capital base comes nearly a year after...
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Alibaba, JD Fall In Hong Kong As Another Chinese Property Developer Defaults On Debt Payment, No End To Power Crisis In Sight
Tuesday, October 5, 2021 - 12:37am | 584Shares of Alibaba Group Holding Limited (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Baidu Inc. (NASDAQ: BIDU), Xpeng Inc. (NYSE: XPEV), Li Auto Inc. (NASDAQ: LI) and Tencent Holdings Inc. (OTC: TCEHY) are all trading lower in Hong Kong on Tuesday. What’s Moving: Chinese e-commerce giant Alibaba...