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AI euphoria to end? Chris Wood warns mega IPOs, bond pressures may trigger tech correctionJefferies strategist Christopher Wood has warned that the AI-driven stock rally may face a near-term correction amid rising bond yields, cr...- Explained: SpaceX's IPO includes a 'greenshoe' option. Here's what that meansSpaceX's record $75 billion IPO includes a greenshoe option, allowing for the sale of an additional 15% of shares. This standard feature, d...
- Paytm plans 10% staff increase in AI pivot, to lay off 400The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its s...
- Chinese AI models surge in 2026: Is JPMorgan data signaling a global shift away from US AI dominance?Chinese AI models are no longer just regional competitors. They are rapidly becoming a global artificial intelligence force. New JPMorgan d...
- Global Market Today: Asian stocks, US futures climb on tech optimismAsian stocks advanced, mirroring Wall Street's record highs driven by a tech surge and strong corporate earnings. Investors are closely wat...
- China tech giant Tencent sees Q1 profit jump after AI betsTencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...
- AI boom keeping markets elevated despite geopolitical noise: Mark MatthewsFinancial markets are increasingly prioritizing artificial intelligence-driven growth and corporate earnings over geopolitical tensions, ac...
- China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
- Chinese food delivery giants surge as regulator, state media call end to price warShares of delivery platform Meituan surged on Wednesday after Chinese state media and the regulator urged the industry to end a bleeding ...
- Today's US stocks market climb: Nasdaq, Dow, S&P 500 rise on Alibaba’s $50B AI investment, investors watch Fed reports and global market movesUS stocks went up as Alibaba planned more spending on artificial intelligence, helping tech stocks recover. Investors are watching the Fede...
- Alibaba shares soar 74% in 2025 amid the latest AI bet, DeepSeek rivalry. China stocks turning a corner?Alibaba’s Hong Kong shares surged 74% in 2025, driven by AI expansion, strong earnings, and renewed government support. Its QwQ-32B model c...
- Billionaire investor Ryan Cohen boosts stake in Alibaba to $1 billion: reportCohen had built a stake in Alibaba worth hundreds of millions of dollars in early 2023 and was pushing the company to increase and speed up...
- Alibaba approves an additional $25 billion share buyback as its revenue disappointsAlibaba posted a 5% increase in sales to 260.3 billion yuan ($36.67 billion) in the quarter that ended in December, slightly missing analys...
- Investor Ryan Cohen builds Alibaba stake, pushes for more share buybacksAlibaba in November raised the size of its share repurchase program to $40 billion, increasing it by $15 billion, and said it would extend ...
- Alibaba and Tencent stocks plunge after latest finesIt included five of Alibaba's transactions and 12 of Tencent's. A wide-reaching crackdown on the technology sector has often hit stock pric...
- Alibaba and Tencent stocks plunge after latest fines by Chinese regulatorsEcommerce giant Alibaba's shares in Hong Kong fell 6.8%, while gaming and social media company Tencent Holdings sank 3.2%. The Hang Seng in...
- Alibaba raises share buyback to $25 billion from $15 billionAlibaba said it had already re-purchased about $9.2 billion of its US-listed shares as of March 18 under its programme, which was initially...
- Alibaba overhauls ecommerce businesses, appoints new CFOAlibaba said it would form two new units to house its main ecommerce businesses - international digital commerce and China digital commerce...
- Alibaba slashes sales outlook as competition bites, demand slowsFor the quarter ended Sept. 30, Alibaba earned 11.20 yuan per share on an adjusted basis, missing an average estimate of 12.36 yuan. Revenu...
- Yahoo CEO Marissa Mayer defends strategy in face of criticism"This team has now been in place for two years and we've achieved much more than many people realize," Mayer said.
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