Alibaba shares soar nearly 15% after stellar earnings as China's e-commerce sector recovers

Alibaba has been making 'significant strides' in advancing its AI cloud business after launching its Qwen 2.5-Max flagship AI foundation model, Barclays wrote in a note.

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China's Alibaba sees revenue surge on back of artificial intelligence, e-commerce

Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in China
ABC News - 1d
Alibaba shares jump 14% after pledge to invest ‘aggressively’ in AI

Chinese tech group says it will spend more on artificial intelligence in next three years than over past decade
Financial Times - 18h
Block shares plunge 18%, for worst day on market in 5 years after earnings miss

Block had its worst day on the stock market since 2020 after the company reported an earnings miss.
CNBC - 4h
This stock sector can still soar during the late stages of the bull market — and there are easy ways to play it

Also: Nvidia earnings on deck, potential stock splits and big gains, a look at gold, and the Moneyist pulls no punches.
MarketWatch - 9h
These are the factors weighing on Block’s stock after earnings

Block expects accelerating growth as the year goes on, but investors may have wanted more from the company’s overall gross-profit outlook.
MarketWatch - 1d
History of Yankees' no-beard policy: George Steinbrenner's facial hair rules changed after nearly 50 years

Steinbrenner's son, Hal, announced a major change on Friday morning
CBS Sports - 7h
Cruise stocks tumble after Commerce Secretary Lutnick signals tax crackdown

Royal Caribbean was the hardest hit.
CNBC - 1d
Shares of Hims & Hers tumble 26% after FDA says semaglutide is no longer in shortage

Shares of Hims & Hers tumble 26% after FDA says semaglutide is no longer in shortage
CNBC - 5h
Citibank Joins Private Sector Retreat From Diversity Initiatives

In a politically charged business climate, the global banking giant joins peers in ending many diversity, equity, and inclusion efforts, from hiring to corporate governance.
Inc. - 9h

Alibaba shares soar nearly 15% after stellar earnings as China's e-commerce sector recovers

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Related

China's Alibaba sees revenue surge on back of artificial intelligence, e-commerce

Alibaba shares jump 14% after pledge to invest ‘aggressively’ in AI

Block shares plunge 18%, for worst day on market in 5 years after earnings miss

This stock sector can still soar during the late stages of the bull market — and there are easy ways to play it

These are the factors weighing on Block’s stock after earnings

History of Yankees' no-beard policy: George Steinbrenner's facial hair rules changed after nearly 50 years

Cruise stocks tumble after Commerce Secretary Lutnick signals tax crackdown

Shares of Hims & Hers tumble 26% after FDA says semaglutide is no longer in shortage

Citibank Joins Private Sector Retreat From Diversity Initiatives

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