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Cathie Wood Sheds $33.6M Alibaba Shares On Earnings Day

Cathie Wood-led Ark Investment Management on Thursday shed 162,840 shares, worth about $33.6 million, in Alibaba Group Holding (NYSE: BABA) after the company posted its first operating loss as a listed company, as a record regulatory fine it was read more.....»»

Category: blogSource: benzingaMay 14th, 2021

Alibaba logs higher quarterly sales but posts loss on antitrust fine

Chinese e-commerce giant Alibaba Group Holding Ltd. posted revenue growth on stronger retail and cloud-computing results in the latest quarter, but a large fine levied by the Chinese government dragged the company to a quarterly loss......»»

Category: topSource: foxnewsMay 13th, 2021

So What"s Up With Alibaba Stock Today?

Alibaba Group Holding Ltd - ADR (NYSE: BABA) shares are trading lower by 2.68% at $214 Thursday morning after the company reported worse-than-expected fourth-quarter EPS results. read more.....»»

Category: blogSource: benzingaMay 13th, 2021

Earnings Results: Alibaba posts loss due to anti-monopoly fine but beats revenue expectations

Alibaba Group Holding Ltd. swung to a loss for its March quarter as the company faced an anti-monopoly fine, but the Chinese e-commerce giant topped revenue expectations for the period amid continued momentum for its online marketplaces......»»

Category: topSource: marketwatchMay 13th, 2021

Cathie Wood Loads Up Another $28M Worth Of Shares In Alibaba Rival JD.Com

Cathie Wood-led Ark Investment Management on Friday bought 366,879 shares, worth about $27.7 million, in JD.com Inc (NASDAQ: JD), a key rival to Alibaba Group Holding (NYSE: BABA) in the e-commerce space in China. read more.....»»

Category: blogSource: benzingaMay 9th, 2021

Cathie Wood Loads Up More On Alibaba Rivals Pinduoduo, JD — Also Adds Skillz

Cathie Wood-led Ark Investment Management on Monday bought more shares of Pinduoduo Inc (NASDAQ: PDD) and JD.com Inc (NASDAQ: JD) — rivals to Alibaba Group Holding (NYSE: read more.....»»

Category: blogSource: benzingaMay 4th, 2021

NS Partners Ltd Buys Banco Santander Chile, Alibaba Group Holding, ACM Research Inc, Sells ...

Related Stocks: BABA, CSGP, BBD, DADA, VRSN, YNDX, BSAC, ACMR, INFY, JD, AWK,.....»»

Category: personnelSource: nytMay 3rd, 2021

Cathie Wood Can"t Get Enough Of These 3 Chinese Alibaba Rivals

Cathie Wood-led Ark Investment Management has recently been heavily buying into three Chinese stocks that are rival to Alibaba Group Holding (NYSE: BABA) in the e-commerce and online groceries space. read more.....»»

Category: blogSource: benzingaMay 2nd, 2021

Not Just Facebook, Alibaba Too Is Concerned Over Apple New Privacy Rules" Impact On Business

Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) is worried about how Apple Inc.’s (NASDAQ: AAPL) new privacy rule changes will impact its business, according to a read more.....»»

Category: blogSource: benzingaApr 30th, 2021

Alibaba Group Holding Stock Is Believed To Be Significantly Undervalued

Related Stocks: BABA,.....»»

Category: worldSource: nytApr 30th, 2021

Mizuho Markets Americas Llc Buys Alibaba Group Holding, S&P 500 ETF TRUST ETF, Apple Inc, ...

Related Stocks: BABA, SPY, AAPL, SQ, NVDA, AMZN, GSX, BIDU, VIAC, IQ, VRT, MC,.....»»

Category: personnelSource: nytApr 28th, 2021

Regents Of The University Of California Buys DoorDash Inc, Alibaba Group Holding, Palantir ...

Related Stocks: BABA, DASH, PLTR, EB, CTMX, BLI, CWT, ALLO, RVMD, ORTX, MMC,.....»»

Category: personnelSource: nytApr 26th, 2021

Alibaba"s Ant To Offer Zero-Interest Loans To Some Staffers As It Looks Past Regulatory Troubles: Report

Alibaba Group Holding Ltd (NYSE: BABA)-backed Ant Group plans to offer no-interest loans to employees who own illiquid stock options as it looks to boost employee morale after the suspension of its mega-IPO last year, Bloomberg read more.....»»

Category: blogSource: benzingaApr 26th, 2021

Schwab Charitable Fund Buys Alibaba Group Holding, Travel+Leisure Co, Lululemon Athletica Inc, ...

Related Stocks: BABA, LULU, TJX, TDG, FDX, ROST, WD5A, UBER, LGLV, SCHK, EEM,.....»»

Category: dealsSource: nytApr 20th, 2021

Charlie Munger"s Daily Journal reveals an Alibaba stake worth $37 million

Warren Buffett's right-hand man is the newspaper publisher's chairman. The Chinese e-commerce group is now its third-biggest holding. Warren Buffett and his business partner, Charlie Munger. REUTERS/Rick Wilking Daily Journa.....»»

Category: worldSource: nytApr 6th, 2021

Alibaba May Be Seeing Tough Times But, Alongside Tencent, Remains "The Benchmark" For Chinese Tech Stocks: Analyst

Alibaba Group Holding (NYSE: BABA) and Tencent Holdings (OTC: TCEHY) continue to be the "benchmark" for Chinese technology stocks despite mounting state pressure on its big internet firms, Amber Hill Capital& read more.....»»

Category: blogSource: benzingaApr 5th, 2021

Alibaba"s Stock Is Entering Make It Or Break It Time

Alibaba Group Holding Ltd. (NYSE: BABA) shares were trending Thursday. The stock looks to be nearing the support level and looking to test it soon. Below is a technical analysis on the chart. Alibaba closed down 1.05% at $224.36. read more.....»»

Category: blogSource: benzingaApr 1st, 2021

Why Nio, Alibaba, Xpeng, Li Auto And Baidu Are Trading Lower Today

Shares of several China-based companies, including Nio (NYSE: NIO), Alibaba Group Holding Ltd - ADR (NYSE: BABA), Xpeng Inc - ADR (NYSE: XPEV read more.....»»

Category: blogSource: benzingaMar 26th, 2021

Alibaba Browser Removed From Several App Stores In China

Alibaba Group Holding Limited’s (NYSE: BABA) popular internet browser has been removed by several internet companies from their app stores in China, the Financial Times reported Tuesday. read more.....»»

Category: blogSource: benzingaMar 17th, 2021

5 US-Listed Stocks From Emerging Markets That Bode Well For 2021

Here are the companies that bode well for 2021, according to Kiplinger: from the Russian version of Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) to the Chinese rival of Alibaba Group Holding Ltd. (NYSE:.....»»

Category: blogSource: benzingaMar 16th, 2021