Alibaba shares jump 19% on cloud unit acceleration, report of new AI chip
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025. Qilai Shen | Bloomberg | Getty Images Alibaba‘s Hong...
Tag : Alibaba Group Holding Ltd
CNBC Daily Open: Most Trump tariffs were ruled illegal — but that might increase uncertainty for businesses
Containers stacked at the “smart zero-carbon” terminal at Tianjin Port on Aug. 30, 2025, in Tianjin, China. Vcg | Visual China Group | Getty Images...
Alibaba’s Hong Kong shares jump nearly 19% as AI boom drives cloud unit sales
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024. CFOTO | Future Publishing | Getty Images Hong Kong-listed shares of Alibaba...
Alibaba says smart car spinoff Banma plans to list shares in Hong Kong
Alibaba’s global headquarters in Hangzhou, Zhejiang Province, China, on May 9, 2024. Nurphoto | Nurphoto | Getty Images Alibaba-backed Banma, a provider of technology for...
SoftBank Group shares plunge over 9% as Asian tech stocks decline
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty...
Trump warned by top Senate Democrats to rethink advanced AI chip sales to China
Nvidia CEO Jensen Huang, right, speaks alongside President Donald Trump about investing in America, at the White House in Washington, on April 30, 2025. Jim...
Hedge fund giant Bridgewater pares China bets, offloading stakes in Alibaba and Baidu
Ray Dalio, founder of Bridgewater Associates LP, speaks during the Greenwich Economic Forum in Greenwich, Connecticut, US, on Tuesday, Oct. 3, 2023. Bloomberg | Bloomberg...
TikTok took the world by storm. Now, Chinese companies are taking videos further with AI
Kuaishou’s Kling AI platform generates video from text and still images. Nurphoto | Nurphoto | Getty Images BEIJING — China’s video-heavy entertainment world has yielded...
Like Google, China’s biggest search player Baidu is beefing up its product with AI to fight rivals
Pictured here is the Ernie bot mobile interface, with the Baidu search engine home page in the background. Future Publishing | Future Publishing | Getty...
CNBC Daily Open: The health of the U.S. economy can depend on your viewing angle
Shoppers carry bags on Market Street in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg | Getty Images Based...