Alibaba Group Holding Ltd is a leading multinational conglomerate specializing in e-commerce, retail, and technology
The company operates various online marketplaces that connect consumers and businesses, facilitating the sale of goods and services. Beyond e-commerce, Alibaba has diversified its offerings to include cloud computing, digital media, and entertainment, striving to empower businesses with innovative technology solutions. With a strong focus on integrating online and offline experiences, Alibaba continuously evolves its platform to meet consumer demands and optimize supply chain efficiency. The organization's mission is to make it easy to do business anywhere, leveraging its expansive reach to foster global commerce.
Investor sentiment has remained high for Amazon stock since the company’s announcement of a record holiday season in terms of both sales and items sold.
U.S.-listed Chinese stocks like Alibaba, Baidu, JD.com, PDD Holdings, NIO, Li Auto, and XPeng dropped amid reports of Trump's possible sanctions on China. China retaliates with tariffs and export restrictions.
Chinese tech giant Alibaba recently introduced an updated version of its AI model, Qwen 2.5, claiming it has outperformed the widely recognized DeepSeek-V3.
US markets faced a volatile week but some ETFs posted strong gains, including BDRY, SURI, SOCL, WCBR, and BABO. Earnings reports helped stocks rebound.
The week was a rollercoaster ride for the tech industry, with significant developments in the AI sector and the stock market. The emergence of China's DeepSeek R1 artificial intelligence model coincided with a $600 billion decline in Nvidia's market value. Meanwhile, Alibaba unveiled a new AI model, and Nvidia's CEO shared his vision for a future dominated by robotics. Here's a recap of the top stories.
The top 10 best performing large-cap stocks in the last week were Atlassian, Royal Caribbean, IBM, GitLab, Check Point, RBC Bearings, Alibaba, Duolingo, Franklin Resources, and Cloudflare.
US regulators have launched an investigation into Chinese AI startup DeepSeek's possible violation of US AI technology embargo against China.US regulators investigating DeepSeek for violating US AI tech embargo against China due to access to Nvidia semiconductors via intermediaries.
Alibaba released the latest version of its Qwen large language model, Qwen 2.5 Max, and it’s not only beating out local competitors like DeepSeek’s V3, it’s outperforming ChatGPT and Meta too.
