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Alibaba Group Holding Ltd

Pinduoduo transaction revenue up 315% as Chinese consumers hunt for bargains

by Walter Watson
Pinduoduo transaction revenue up 315% as Chinese consumers hunt for bargains

Chinese flag waving in front of Shanghai cityscape. Eternity in an Instant | Stone | Getty Images Consumers in China are hunting for bargains when they spend, the latest earnings …

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Amazon reveals Trainium2 AI chip while deepening Nvidia relationship

by Walter Watson
Amazon reveals Trainium2 AI chip while deepening Nvidia relationship

Amazon’s AWS cloud unit has announced new chips for customers to build and run artificial intelligence applications on, as well as plans to offer access to Nvidia’s latest chips. Amazon …

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Portfolio manager says he’s bullish on one China Tech stock

by Walter Watson
Portfolio manager says he’s bullish on one China Tech stock

Chinese tech players like Baidu , Alibaba and Tencent have largely been viewed favorably by investors, even as the Asian powerhouse has been experiencing slower growth. One tech giant, however, …

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Alibaba (BABA) shakes up cloud unit management after scrapping IPO

by Walter Watson
Alibaba (BABA) shakes up cloud unit management after scrapping IPO

The World Artificial Intelligence Conference in Shanghai in July 2023. Aly Song | Reuters Alibaba has begun an overhaul of its cloud computing unit, bringing in veterans to new leadership …

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Jefferies names Asia stocks with hidden value

by Walter Watson
Alibaba (BABA) shakes up cloud unit management after scrapping IPO

Asian stock markets may have had a weak year, but excessive cash in the region’s companies is a hidden opportunity for investors, according to Jefferies. “This year is turning out …

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Jack Ma halts plans to cut his Alibaba (BABA) stake after shares drop

by Ron Morgan
Jack Ma halts plans to cut his Alibaba (BABA) stake after shares drop

Founder of Alibaba Group Jack Ma. Wang He | Getty Images News | Getty Images Alibaba founder Jack Ma held off on plans to trim his stake in the Chinese …

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Karen Kharmandarian picks Japanese machine vision systems company

by Ron Morgan
Karen Kharmandarian picks Japanese machine vision systems company

It’s been a big year for Big Tech, with U.S. favorites Nvidia and Meta Platforms among the stocks that have soared in 2023. But for those investors who fear they …

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Stock Markets: An alternative to Altman

by Walter Watson
Stock Markets: An alternative to Altman

Sam Altman, ex-CEO of OpenAI participates in the a talk at the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week in San Francisco, California, on November 16, 2023. Andrew Caballero-reynolds | Afp …

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Buy the dip in Alibaba? Here’s what the analysts say, after the stock tanked

by Walter Watson
Buy the dip in Alibaba? Here’s what the analysts say, after the stock tanked

Shares of Chinese e-commerce giant Alibaba tumbled around 10% last week after the company scrapped plans to spin off and list its cloud computing business. While investors have largely reacted …

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Asia markets bounce, investors watch China LPR

by Walter Watson
Asia markets bounce, investors watch China LPR

Investors watch computer screens displaying stock price figures at a stock exchange hall. Jiang Sheng | Visual China Group | Getty Images Asia-Pacific markets started the week higher after most …

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