Alibaba Group Holding Ltd
Stocks making the biggest moves premarket: Walmart, Target, Apple, Pfizer, Eli Lilly, Ford and more
Check out the companies making headlines before the bell. Pharmaceutical stocks – Shares of U.S. companies in the pharmaceutical industry fell after President Donald Trump said late Tuesday that he’s going to announce ” very shortly a major tariff on pharmaceuticals .” Pfizer and Merck shares each dropped more than 4%, while Eli Lilly shed […]
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Alibaba’s Joe Tsai on investing in sports, the future of AI and the Chinese economy
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Alibaba Group Chairman, Joe Tsai joins CNBC’s David Faber on stage to discuss the strategy behind the company’s wide-ranging portfolio at the Converge Live event in Singapore. Source
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Stocks making the biggest moves midday: U.S. Steel, Tesla, Dollar Tree, Apple and more
Check out the companies making headlines in midday trading. U.S. Steel — Shares advanced nearly 9% after President Donald Trump ordered the review of the Japan’s Nippon Steel proposed takeover of U.S. Steel. The president instructed the Committee on Foreign Investment in the United States to aid in “in determining whether further action in this matter […]
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Stocks making the biggest moves premarket: Tesla, Coinbase, Stellantis, Palantir, Caterpillar and more
Check out the companies making headlines in premarket trading. Automakers — Legacy carmakers extended declines as investors worried about the lack of resolution on President Donald Trump’s controversial tariff policy announced last week. Stellantis plunged more than 9%, while Ford slid nearly 3%. General Motors pulled back 5% after Bernstein downgraded the stock to underperform […]
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China’s response to new U.S. tariffs will likely focus more on stimulus, building trade ties
Key Points China’s reaction to new U.S. tariffs will likely focus on domestic stimulus and strengthening ties with trading partners, according to analysts based in Greater China. “I think the focus of China’s response in the near term won’t be retaliatory tariffs or such measures,” said Bruce Pang, adjunct associate professor at CUHK Business School. […]
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Here’s why buying Alibaba is a ‘great way to avoid the tariff tantrum,’ says one investor
Investors seeking a portfolio hedge against ongoing tariff volatility should look no further than Alibaba, according to Joule Financial’s Quint Tatro. The firm’s founder and president joined CNBC’s ” Power Lunch ” on Tuesday to share his thoughts on the Chinese e-commerce giant, alongside a pair of other market movers. Here’s what he had to […]
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Alibaba has staged a quiet $100 billion rally — AI and Jack Ma’s return are at the heart of it
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024. CFOTO | Future Publishing | Getty Images In November 2023, Jack Ma posted an internal memo at Alibaba, urging the e-commerce giant he helped create to “correct its course.” The message was as a rallying cry by one of China’s most prominent […]
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Stocks making the biggest moves midday: General Motors, Petco, GameStop, Alibaba, Cava and more
Check out the companies making headlines in midday trading: Auto stocks — Major automobile manufacturers slipped following President Donald Trump’s plans to impose a 25% tariff on “all cars that are not made in the United States,” effective April 2. Shares of General Motors , Ford Motor and Stellantis respectively fell 6%, 2% and 1%. […]
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Stocks making the biggest moves premarket: General Motors, GameStop, Nvidia, Jefferies and more
Check out the companies making headlines in premarket trading: Auto stocks — Shares of major automakers dropped after President Donald Trump announced a 25% tariff on all cars not made in the U.S. that will go into effect next week. General Motors slid more than 6%, while Stellantis lost 1%. GameStop — The video game […]
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Chinese consumer companies signal spending is picking up again
Shoppers line up to shop at a Laopu Gold outlet in Deji Plaza in Nanjing, China, on Feb. 21, 2025. Fang Dongxu | Feature China | Future Publishing | Getty Images BEIJING — Chinese companies’ latest earnings reports point to an improvement in consumer spending, though it’s not necessarily back to pre-pandemic levels. E-commerce giants […]
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