Alibaba Q3 Results: Chinese retailer posts higher-than-expected revenue of $38.58 billion
Alibaba Group exceeded Wall Street’s revenue expectations for Q3, driven by strong year-end shopping and cost-conscious consumer strategies. Shares rose 2.7% in premarket trading, with international ...
Stock Market Today: Growth Concerns Drag on Stocks
Forward-looking commentary from a major retailer outweighed its backward-looking results as all three major equity indexes ...
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China’s Alibaba sees revenue surge on back of artificial intelligence, e-commerce
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in more than a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in China.
Meet Wang Xingxing, the young Chinese robotics star from Unitree at Xi Jinping’s symposium
Wang, 35, is the founder and CEO of Unitree - one of China's top developers of quadrupedal and humanoid robots Wang Xingxing, ...
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From ‘Little Dragons’ to ‘Terrific Ten’: China’s tech stocks name its answer to the ‘Magnificent Seven’
Six Little Dragons, Seven Sisters and the Terrific Ten. These are some of the nicknames being bestowed on China’s cast of ...
Billionaire investor Ryan Cohen boosts stake in Alibaba to $1 billion, WSJ reports
Alibaba and Cohen did not immediately respond to Reuters' requests for comment. Cohen had built a stake in Alibaba worth ...
Asian Stocks Set for Gains, Yen Passes Key Level: Markets Wrap
Asian stocks were set to advance while US shares fell from all-time highs as a disappointing forecast from the world’s ...