Alibaba stock up after Jack Ma and Joe Tsai buy shares
Alibaba co-founders Jack Ma and chairman Joe Tsai, in front of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Sept. 19, 2014. Scott Eels | Bloomberg …
Alibaba Group Holding Ltd
Google vows not to charge data transfer fees when cloud customers exit
Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images Google’s latest effort to …
Meituan lost $82 billion in market cap on slowdown fears, more competition
A food delivery courier for Meituan in Beijing, China, on Tuesday, Aug. 22, 2023. A surge in sales expected for Meituan may be a catalyst to its shares, which have …
Nvidia ‘still undervalued’ as stock jumps 4% to new record
Nvidia jumped to a fresh all-time high Monday as the AI chipmaker presented at CES and investors digested new reports about its business with China. Shares of Nvidia surged more …
Don’t read too much into market losses so far
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 3, 2024, in New York City. Angela Weiss | AFP | Getty Images …
Robosense Technology IPO debuts in Hong Kong, the first in 2024
Shares of Alibaba-backed Robosense Technology fell 2% on its Friday debut in the first new listing on the Hong Kong stock exchange this year. Robosense, a Chinese developer of laser …
Despite losses, 2024 holds promise for markets
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 3, 2024, in New York City. Angela Weiss | AFP | Getty Images …
Hawkish Fed minutes chill markets further
The Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Thursday, Dec. 28, 2023. Valerie Plesch | Bloomberg | Getty Images This report is from today’s CNBC Daily …
Alibaba was once a Wall Street darling. What’s next?
Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Brendan McDermid | Reuters BEIJING — It’s been a tumultuous 12 …
Alibaba’s Lazada cuts staff across Southeast Asia in fresh round of layoffs
Lazada is the third-largest e-commerce player in Indonesia, after Sea Limited’s Shopee and Tokopedia, according to Momentum Works. Matt Hunt | Lightrocket | Getty Images SINGAPORE — Alibaba-owned Lazada began …