Jefferies now values BABA’s cloud business at four times its revenue or about $60 billion, up from its previous estimate of ...
Jefferies analyst Thomas Chong increased the price target for Alibaba (NYSE:BABA) Group Holding Limited (NYSE: BABA) shares to $150.00, up from the previous $144.00, while reiterating a Buy rating on ...
Asian equities were mostly higher overnight as Hong Kong and Indonesia outperformed while Taiwan and Pakistan underperformed.
Is Alibaba (BABA) finally prepared to capitalize on AI’s momentum worldwide? The company’s shares have rallied strongly since ...
The deal, which leverages Alibaba’s Qwen AI model, could boost iPhone sales in China and solidify Alibaba’s position as a ...
Alibaba Group Holding Ltd is witnessing a revival in investor interest, thanks to its major advancements in artificial ...
THE frenzy over Chinese artificial intelligence is turning Alibaba Group Holding into an investor favourite again, injecting ...
Hong Kong stocks rose on Wednesday, lifting the benchmark index to its highest level in four months, as the hype over ...
Shares of Super Micro Computer jumped after the company set a sales outlook for fiscal 2026 that blows past current Wall Street forecasts, unwinding a selloff earlier in the day.
Chinese technology stocks have entered a bull market, with the Hang Seng Tech Index rising more than 25% in the past month.
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third quarter, as it racked up red ink from its Vision Fund investments.