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The Latest Breaking News from Alibaba

Option Volatility And Earnings Report For May 13- 17

Earnings season is slowing down, but we still have a few big names reporting. This week, we have Alibaba, Home Depot, Walmart, Cisco and Deere & Company all reporting.

Barchart

Chinese server CPU beats Microsoft, Google and AWS rivals to grab performance crown — Alibaba's Yitian 710 is quickest server CPU but it is based on Arm rather than RISC and x86 is likely to be the overall speed champion

Researcher tested five Arm-powered server CPUs and Intel's Xeon Platinum, with Alibaba's Yitian 710 coming out on top.

TechRadar

Hangzhou Lifts Home Purchase Curbs In Alibaba's Megacity

Hangzhou, home to Alibaba, lifts home purchase restrictions to stimulate real estate market and attract investors.

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Best China Stocks: Tesla Rival Leads Five Stocks Near Buy Points

The best China stocks include Tesla archrival BYD as well as messaging and gaming giant Tencent and e-commerce leader PDD Holdings.

Investors Business Daily

Shanghai Composite Index Rose 1.17% on Friday

Shenzhen Component Index closed up 2.15%

Caixin Global

Weekly Must-Read: Alibaba Renews Strategy Reset to Revive Growth Momentum

Jack Ma tells employees ‘we must reform for the future’

Caixin Global

Shanghai Composite Index Rose 0.09% on Thursday

Shenzhen Component Index closed down 0.05%

Caixin Global

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Shanghai Composite Index Fell 1.65% on Tuesday

Shenzhen Component Index closed down 2.29%

Caixin Global

Alibaba Stock Today: Sell This Call Spread, Earn $75 Immediately

The maximum loss will occur if shares close above 85 on June 21.

Investors Business Daily

Jack Ma Breaks Silence, Endorses Alibaba's Restructuring Efforts

Jack Ma breaks years of silence to endorse Alibaba's comprehensive restructuring, praising the company's leadership.

International Business Times

Alibaba Cloud slashes prices as it looks to boost non-Chinese market

Overseas Alibaba Cloud customers are set to see huge cost savings and incentives as part of a global shakeup.

TechRadar

S. Korea Probes Temu Over Alleged False Ads, Unfair Practices: Yonhap

South Korean regulators are investigating the hugely popular Chinese shopping app Temu on suspicion of false advertising and unfair practices, the Yonhap news agency reported Monday.

International Business Times

Alibaba Repurchased $4.8 Billion In Stock Last Quarter, As Buyback Plan Ramps Up

Alibaba said it repurchased $4.8 billion worth of shares last quarter. But Alibaba stock traded slightly lower.

Investors Business Daily

Alibaba Announces .8 Billion Share Repurchase Program

Alibaba announces a .8 billion share repurchase program to boost shareholder value and signal confidence in its financial strength and growth potential.

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Exploring The Top 10 Tech Entrepreneurs Of The Decade

Explore the impact of top tech entrepreneurs like Elon Musk, Jeff Bezos, and Mark Zuckerberg on the industry over the past decade.

Top News

Alibaba's Strategic Move: Cainiao Buyback Targets Rivals Overseas

Alibaba strengthens logistics arm Cainiao through strategic buyback to boost global competitiveness.

Investors Business Daily

Alibaba Calls Off Logistics IPO That Was Part of Big Restructuring Plan

Alibaba dropped a spinoff plan for its Cainiao logistics unit, the latest restructuring plan setback.

International Business Times

Alibaba Scraps Cainiao IPO Plans Amid Challenging Market Conditions

Alibaba Group Holding Ltd. announced on Tuesday its decision to abandon the long-anticipated initial public offering (IPO) for its smart logistics arm, Cainiao.

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Meituan Beats Q4 Estimates With Strong Financial Results

Meituan's Q4 success, Ping An's impact, US-China relations, and investor sentiment in Asian markets.

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Asian Equities Show Mixed Performance As Tech Stocks Gain Momentum.

Asian equities show mixed movements with slight gains in Hong Kong and Mainland China. Notable stock movements include Tencent, AIA, Alibaba, and Li Auto.

Top News

Pinduoduo's Net Profit Nearly Doubles In 2023

Pinduoduo, a rising Chinese online retailer, reports a significant profit increase in 2023 but faces global scrutiny.

Tom’s Hardware

Alibaba claims it will launch a server-grade RISC-V processor this year

Alibaba continues to flex its RISC-V muscle, expects to roll-out datacenter-grade RISC-V CPU this year.

Caixin Global

Shanghai Composite Index Rose 0.55% on Wednesday

Shenzhen Component Index closed up 0.21%

Caixin Global

Shanghai Composite Index Fell 0.72% on Tuesday

Shenzhen Component Index closed down 0.58%

Top News

Miyazaki's 'The Boy And The Heron' To Release In China

Discover the debut of 'The Boy and the Heron' in China, with Alibaba Pictures and Studio Ghibli's partnership enhancing the animation market. The film's gl...

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