Alibaba Stock
Alibaba Stock—This Could Be The Great Turnaround Trade of 2016 Alibaba stock, or rather, Alibaba Group Holding Limited (NYSE:BABA), is representative of the initial public offering (IPO) process. It comes to market with a lot of hype; it’s expensively priced; and basically, Wall Street has already sold it…
Could Alibaba Stock Hit $200.00? It’s Possible Chinese tech stocks were riding high last week. The biggest news of the day? Alibaba Group Holding Limited’s (NYSE:BABA) genius move to acquire all of Youku! will involve buying the remaining 72% stake in China’s YouTube, Youku Tudou Inc. (NYSE:YOKU), for…
Could This Send Alibaba Stock to $100? Alibaba Group Holdings Limited (NYSE:BABA) made waves this Tuesday as the e-commerce giant announced it will be opening offices in three European Union countries in the next few months. While the news made barely a blip in the media, I see…
Chinese internet giant Alibaba Holdings Limited (NYSE:BABA) began selling public shares last year, but Warren Buffett did not invest in the e-commerce web site. But what does Warren Buffett have to do with Alibaba, you ask? Plenty, as it turns out. The legendary billionaire has a track record…
It’s a long-time coming, but Chinese stocks like Alibaba Group Holding Limited (NYSE:BABA) now directly affect U.S. market sentiment. Moreover, they could very well be the cause of a U.S. market crash in 2015. At the very least, U.S.-listed stocks like Alibaba are a gauge on domestic speculative…
If you are worried about Alibaba Group Holding Limited’s (NYSE:BABA) stock price, here’s some good news: the company just launched its on-demand video streaming service, Tmall Box Office, which might become the next Netflix, Inc. (NASDAQ:NFLX). On Tuesday, September 2nd, Alibaba updated its smart TV operating system with…
Shortly after Monday’s stock market crash in China, Alibaba Group Holding Limited’s (NYSE:BABA) stock price plunged. At one point it dropped to as low as $58.00, falling below its initial public offering (IPO) price of $68.00 for the first time since it went public. Investors, however, should not…
Billionaire investor George Soros sold almost his entire stake in Alibaba Group Holding Limited (NYSE:BABA) in the second quarter of 2015, as shares of the Asian e-commerce giant continue to plunge. The billionaire’s family company, Soros Fund Management, owned approximately $370 million in Alibaba’s American depositary receipts at…
Alibaba Group Holding Limited (NYSE/BABA) is launching a new video streaming service in a move the company hopes will put it on par with HBO or Netflix, Inc. (NASDAQ/NFLX). On Sunday, June 14, Alibaba told reporters in Shanghai that the company would launch an online streaming service in…
America’s manufacturing sector has long been in a state of decline, but Alibaba Group Holding Limited (NYSE/BABA) executive chairman Jack Ma thinks that might be about to change. (Source: The Wall Street Journal, June 8, 2015.) The founder of the Chinese online retailer is on tour across the…
Alibaba Group Holding Limited (NYSE/BABA) announced plans to expand its cloud service overseas through partnering with global companies. It also agreed to auction off bad debt for China Cinda Asset Management on its Taobao platform. Also Read: Alibaba Tops George Soros' Investment List Aliyun Partnering with Intel Aliyun,…
Alibaba Group Holding Limited (NYSE/BABA) is expanding its business. Investing $194 Million into China Business News On Thursday, June 4, Alibaba Group Holding Limited announced that it had entered a strategic agreement with Shanghai Media Group in order to expand into the financial information services industry. (Source: Alibaba…
On May 7, 2015, Alibaba GroupHolding Limited (NYSE/BABA) released its quarterly earnings report for the year ended March 31, 2015. The company also named a new CEO, Daniel Zhang, who currently holds the title of COO (Chief Operating Officer). In response to the news, Alibaba’s stock price opened…
