Alibaba Group Holding Ltd
CNBC Daily Open: U.S. markets tumble as Trump administration dismisses economic fears and stock slump
U.S. President Donald Trump pumps his fist after deboarding from Air Force One upon arrival in West Palm Beach, Florida, U.S., March 7, 2025. Kevin Lamarque | Reuters CNBC will be hosting “CONVERGE LIVE,” an inaugural thought leadership event on March 12-13, 2025, in Singapore, where global business leaders, entrepreneurs, investors and key decision-makers will […]
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Mainland Chinese investors snap up a record amount of Hong Kong stocks to play AI
Hong Kong’s stock exchange reported its highest quarterly profit in nearly four years after China’s stimulus measures boosted trading and listing volume. Bloomberg | Bloomberg | Getty Images BEIJING — Mainland Chinese investors are piling into the Hong Kong stock market at record volumes as its tech-heavy Hang Seng Index trades around three-year highs. Net […]
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CNBC Daily Open: U.S. markets slump as Trump dismisses economic fears
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on March 10, 2025. Charly Triballeau | Afp | Getty Images CNBC will be hosting “CONVERGE LIVE,” an inaugural thought leadership event on March 12-13, 2025, in Singapore, where global business leaders, entrepreneurs, investors […]
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Stocks making the biggest moves premarket: Marvell Technology, MongoDB, Macy’s, Alibaba and more
Check out the companies making headlines before the bell. MongoDB – The database software maker tumbled 18% after issuing weak guidance for fiscal 2026. MongoDB anticipates adjusted earnings per share of $2.44 to $2.62, below the $3.34 per share expected from analysts polled by LSEG. It guided for revenue of $2.24 billion to $2.28 billion, […]
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Alibaba shares soar after Chinese tech giant unveils new DeepSeek rival
The Alibaba office building is seen in Nanjing, Jiangsu province, China, on Aug 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba shares surged on Wednesday after the Chinese behemoth revealed a new reasoning model it claims can rival DeepSeek’s global blockbuster R1. Hong Kong-listed shares of Alibaba ended the Thursday session up 8.39% — hitting […]
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Stocks making the biggest moves midday: Nvidia, Autodesk, Duoloingo, Alibaba and more
Check out the companies making headlines in midday trading. Nvidia — The heavyweight chipmaker edged lower by 0.1% after market sentiment soured in midday trading, prompted by a tense exchange between President Donald Trump and Ukraine President Volodymyr Zelenskyy that spiked geopolitical concerns. Nvidia had attempted a comeback earlier in the session, following its 8.5% […]
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Stocks making the biggest moves premarket: Nvidia, Alibaba, Rocket Lab and more
Check out the companies making headlines before the bell. Nvidia – Shares of the artificial intelligence chip darling fell around 2%, extending its 8.5% loss from the previous session. This comes on the heels of the company seeing a decline in its gross profit margin for the fourth quarter, and its revenue beat for the […]
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Stocks making the biggest moves premarket: Super Micro Computer, General Motors, Lowe’s, Intuit and more
Check out the companies making headlines in premarket trading. Super Micro Computer — Shares soared 21% after the technology company met the Nasdaq’s listing deadline to report financial results for the most recent fiscal year to the Securities and Exchange Commission. The firm said it has “regained compliance” with the Nasdaq for its filling requirements. […]
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Alibaba makes AI video generation model free to use globally
The Alibaba office building is seen in Nanjing, Jiangsu province, China, on Aug 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba on Wednesday said that it has made its video generation artificial intelligence models free to use, further ramping up competition with rivals like OpenAI. The Chinese giant said it is open sourcing […]
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