Alibaba Group Holding Ltd
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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Stocks making the biggest moves midday: Berkshire Hathaway, Robinhood, Nike, Palantir and more
Check out the companies making headlines in midday trading: Berkshire Hathaway — Class A shares of Warren Buffett’s conglomerate jumped nearly 4% following a strong earnings report . The conglomerate said its operating profit skyrocketed 71% to $14.5 billion in the fourth quarter, led by a 302% jump in insurance underwriting. Auto insurer Geico had […]
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Stocks making the biggest moves premarket: Domino’s Pizza, Alibaba, Rivian, Palantir Technologies & more
Check out the companies making headlines before the bell. Domino’s Pizza — Shares fell more than 3% after the pizza chain reported fourth-quarter numbers that missed expectations. The company earned $4.89 per share on revenue of $1.44 billion. Analysts polled by FactSet expected a profit of $4.90 per share on revenue of $1.48 billion. U.S. […]
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Stocks making the biggest moves premarket: Domino’s Pizza, Alibaba, Rivian, Palantir Technologies & more
Check out the companies making headlines before the bell. Domino’s Pizza — Shares fell more than 3% after the pizza chain reported fourth-quarter numbers that missed expectations. The company earned $4.89 per share on revenue of $1.44 billion. Analysts polled by FactSet expected a profit of $4.90 per share on revenue of $1.48 billion. U.S. […]
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Stocks making the biggest moves midday: UnitedHealth, Alibaba, Hims & Hers Health, Celsius and more
Check out the companies making headlines in midday trading: Novo Nordisk — Shares rose 4.9% after the Food and Drug Administration said Friday that the U.S. shortage of Novo Nordisk’s weight loss injection Wegovy and diabetes treatment Ozempic is resolved after more than two years. Hims & Hers Health — The telehealth stock, which offers compounded Wegovy and […]
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Goldman’s portfolio of hedge fund favorites is trouncing the market this year. Here’s what’s in it
While the S & P 500 is trading close to its all-time high, a group of favored stocks among hedge funds is soaring even higher, according to Goldman Sachs. The S & P 500 reached an all-time intraday high as well as a new closing record on Wednesday, the broad market index’s second consecutive record […]
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Alibaba shares soar 11% in Hong Kong after stellar earnings as China’s e-commerce sector recovers
The Alibaba office building is seen in Nanjing, Jiangsu province, China, on Aug 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba shares surged in Hong Kong Friday following stellar quarterly results, boosted by growth in the company’s cloud Intelligence and e-commerce segments. The Chinese tech giant’s shares soared as much as as 11%, […]
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Stocks making the biggest midday moves: Palantir, AppLovin, Shake Shack, Walmart and more
Check out the companies making headlines in midday trading: Palantir — The technology stock tumbled 11.9%, on track for its worst day since May . The stock is also on pace to see back-to-back losses of 10% or more for the first time ever. Shares took a hit after the disclosure of a new stock […]
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Stocks making the biggest moves premarket: Walmart, Hasbro, Shake Shack, Wayfair and more
Check out the companies making headlines in premarket trading. Walmart — The retailer slid 8% after issuing weaker-than-expected guidance. For fiscal 2026, Walmart sees earnings per share ranging between $2.50 per share and $2.60 per share. The company also said it wouldn’t be “immune” to impacts from currently postponed tariffs on Mexico and Canada. Shake […]
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