Alibaba Stock
Strong Earnings Could Send BABA Stock Soaring Alibaba Group Holdings Limited (NYSE:BABA) announced its third-quarter earnings results on Tuesday with a stunning reversal of analysts’ forecasts, with the BABA stock price soaring as a result. Alibaba stock surged by more than 10% in pre-market trading, hitting highs unseen…
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…
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…
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) 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…