News

Alibaba Stock Rallies After Unveiling Powerful New Qwen AI Model

Amazon (AMZN) stock is ripping higher on Friday after the e-commerce and cloud computing giant delivered a blockbuster Q2 report that comfortably exceeded Wall Street's expectations.

Stocks rose in midday trading Friday, erasing earlier losses as investors assessed earnings from maj

(Bloomberg) -- Moonshot AI has told investors it’s preparing to list in as early as six months, seizing the opportunity to tap capital markets after its latest model upended industry perceptions of China’s burgeoning capabilities and sent global tech stocks reeling.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyTaylor Farms P

Alibaba’s applying a uniquely Chinese playbook in its efforts to win the world’s AI-ttention, and its flagship model is now number one.

SK Hynix climbs 14% as shares begin tradint on Nasday

The move came ahead of the company's upcoming earnings report.

China is ‌planning to ‌let top AI ​companies buy a limited amount of Nvidia's ‌H200 ⁠chips, the Information reported ⁠on Wednesday. Chinese officials have ​told ​Alibaba, ​ByteDance and ‌DeepSeek in recent weeks that they may soon receive permission ‌to ​buy ​some ​H200 chips, ‌the report said, ​citing ​two people.

Chinese e-commerce giant Alibaba (BABA, 9988.HK) is seeing its biggest stock gains since September 2025, jumping by nearly 11%.

Hong Kong tech stocks staged a comeback today, even as South Korea's Kospi, an AI darling, slipped into bear market. Investors aren't necessarily abandoning AI, they are moving away from the most crowded parts of the trade and looking for a different AI driver, according to Saxo Markets chief investment strategist Charu Chanana.

Shares of Alibaba (NYSE:BABA) are up 9% to $106 and change in early Wednesday trading, leading a broad rally in Chinese internet and e-commerce names. Alibaba stock closed at $98.14 on Tuesday, and even after this morning’s pop the shares remain down 28% year to date. The move extends well beyond Alibaba. Baidu (NASDAQ:BIDU) shares ... Alibaba Surges 9% Ahead of Earnings, Baidu Gains 5% as Chinese E-Commerce and Tech Stocks Rally

U.S.-listed Alibaba Group (BABA) stock jumped nearly 10% in early trading Wednesday, leading a broader rally for China tech and AI stocks. Alibaba stock gained more than 8% to 106 in premarket trades on the stock market today. China search-engine leader Baidu (BIDU) is ahead nearly 5% at 117.38 while Alibaba' e-commerce rival JD.com (JD) climbed 3% to 27.33. Wednesday's...

Investing.com - U.S. stock futures sank on Wednesday after President Donald Trump cast doubt on the status of an interim peace agreement with Iran, saying the deal was "over" following renewed exchanges between the two countries.

Investing.com -- Shares in Alibaba Group jumped as much as 12.5% in Hong Kong on Wednesday, their biggest single-day gain since September, as investors grew optimistic ahead of the e-commerce giant’s upcoming earnings and rotated capital into Chinese internet stocks that had lagged the broader market rally.

(Bloomberg) -- Alibaba Group Holding Ltd.’s shares surged the most since September, after investors turned optimistic on its earnings and shifted capital into major Chinese internet companies that had lagged the market.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaChip Stocks Sink After Blistering Run as Oil Jumps: Markets WrapTwo Millennium Trading Pods Made About $3.7 Billion Last MonthUS Strikes Iran and Blocks Oil Sales in New Test of TruceChina Sent

(Bloomberg) -- China’s Tencent Holdings Ltd. is ramping up buybacks as its Hong Kong-listed shares struggle to recover from a selloff that’s wiped out about $309 billion in market value since early October.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanSupreme Court Leaves Tru

AI chip rally powers gains as inflation data looms.

US equity futures were higher pre-bell Thursday as oil prices fell to their lowest since the start o

South Korea's SK Hynix said on Wednesday it plans to raise up to $29.4 billion through a U.S. stock market listing in what would be a record secondary listing, as the Nvidia supplier ‌seeks to capitalise on strong investor appetite for AI stocks. If completed at the top end, the offering would be ‌the largest U.S. listing by a Korean firm and potentially the biggest ever via American Depositary Receipts, surpassing Alibaba's $25 billion 2014 debut. The planned listing reflects strong global ​appetite for AI-linked equities, even as volatility increases across U.S. tech and semiconductor markets.

Michael Burry has questioned SpaceX’s valuation, but the famed investor believes the cost to short SPCX is too high. Instead, he is buying these three stocks.

2026 is shaping up to be the year of the trillion-dollar IPO, but there's only one I'm seriously considering.

(Bloomberg) -- Trump officials have spent the past week embroiled in a remarkable argument — over what, exactly, their China tech policy has been for the past year.Most Read from BloombergSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSaylor’s Bitcoin Machine Is Misfiring on Every CylinderGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpBloomberg Retracts Incorrect Story on RBI GoldThe debate concerns whether the Trump admi

(Bloomberg) -- Trump officials have spent the past week embroiled in a remarkable argument — over what, exactly, their China tech policy has been for the past year.Most Read from BloombergSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PGlazer Family Members Study Manchester United Stake SaleSaylor's Bitcoin Machine Is Misfiring on Every CylinderRepublican-Led House Votes to Stop Iran War, Rebuking TrumpDow Average Hits Peak as Old-School Stocks Beat AI: Markets WrapThe debate concerns whet

(Bloomberg) -- Trump officials have spent the past week embroiled in a remarkable argument — over what, exactly, their China tech policy has been for the past year.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSaylor’s Bitcoin Machine Is Misfiring on Every CylinderRepublican-Led House Votes to Stop Iran War, Rebuking TrumpDow Average Hits Peak as Old-School Stocks Beat AI: Markets WrapThe debate concerns whet

SpaceX’s historic IPO is drawing huge retail interest, but history shows mega IPOs often stumble after launch-day excitement fades. Valuation and hype may outweigh opportunity for now.

Alibaba has unveiled a new artificial-intelligence chip as well as an update of its AI model, as the Chinese company aggressively pursues its AI ambitions on multiple fronts. Alibaba also released an update of its large language model, called Qwen3.7-Max, which is engineered for more advanced agent coding and complex reasoning. Alibaba’s management said in a recent earnings call that scaling up the deployment of its in-house chips represent “the highest value for money compute power,” which will improve Alibaba Cloud’s margins.

NVDA stock recently hit record highs, but its upcoming earnings report could be the next major catalyst.

Baidu stock climbed higher early Monday after the Chinese search engine company reported first-quarter results ahead of analyst expectations. Baidu said that it earned an adjusted 12.06 yuan per American depositary share for the March quarter, down 34% from a year earlier. Often compared to Google, Baidu was one of the quickest Chinese tech companies to embrace AI.

For years, investors have watched private companies stay private longer while Wall Street’s biggest gains increasingly went to venture capital firms and institutional money managers. That’s part of why the upcoming IPO of SpaceX has generated so much excitement. Retail investors finally get a shot at owning one of the world’s most influential companies. And ... The SpaceX IPO Is Coming June 12. Here’s Why You Shouldn’t Rush In to Buy

Stocks were mostly higher this week as investors were reminded that earnings are the signal; inflation and geopolitics is noise