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

Topics

How DeepSeek used distillation to train its artificial intelligence model, and what it means for companies such as OpenAI

DeepSeek's sudden emergence has put the AI industry's focus on a technique called distillation.
CNBC - 3d
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.
CNBC - 3d
Alibaba’s stock falls on expensive AI-investment pledge

The online retailer plans to spend $53 billion over the next three years on AI and cloud technology.
MarketWatch - 54m
Amazon surpasses Walmart in revenue for the first time

Walmart reported $180.5 billion in sales during the most recent quarter while Amazon reeled in $187.8 billion.
CNBC - 3d
Block shares fall on profit, revenue miss

Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.
CNBC - 3d
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 - 3d
Is China investable again?

It always was — at the right price and for those with eyes wide open to the economic downside
Financial Times - 12h
With Truth Social, Trump Has Official Mouthpiece and a Channel for Revenue

The president’s company, Trump Media & Technology Group, represents a clear mingling of his official duties and his business interests.
The New York Times - 4d
US says revenue from minerals deal will fuel Ukraine’s postwar growth

Kyiv remains sceptical of plan as Treasury secretary Scott Bessent denies it is ‘coercive’ in FT opinion article
Financial Times - 1d
North Koreans on Chinese Tuna Boats Boost Revenue for Kim Jong-un

Thousands of miles from home, North Koreans work on Chinese tuna longliners in the Indian Ocean for pay that goes to their leader, a new study says.
The New York Times - 6h
Congestion Pricing Reduced Traffic. Now It’s Hitting Revenue Goals.

Revenue figures from the Manhattan tolling plan showed that the program is on track to raise billions for mass transit repairs.
The New York Times - 2h
Emotionally Intelligent People Use a Brilliant 5-Word Question to Think Clearly and Make Better Decisions

Truly successful people know that the key to clear thinking isn’t taking emotions out of the picture: It’s balancing emotions with logic effectively.
Inc. - 1d
GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says

Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.
CNBC - 3d
Ecuador will seek foreign military aid to combat drug cartels as violence surges

The government of Ecuador has taken another step in its effort to gain help from foreign military forces to combat drug cartels and various organized crime groups
ABC News - 4d
Singapore fund managers face lengthy licence wait amid surge in applications

Demand partly driven by Chinese quants expanding abroad after crackdown at home
Financial Times - 1d
Decaffeinated Brazilians blame Lula for surging cost of morning brew

Food inflation weighs on the ratings of leftwing leader of Latin America’s largest nation
Financial Times - 1d
‘Now is the time of monsters’: young Berliners despair at far-right surge

Alternative für Deutschland projected to finish second in federal election with about 20% of the vote. For more than 150 years, the symbolism of the Siegessäule , or Victory Column, in Berlin’s ...
The Guardian - 18h
Conservatives win German election and far-right surges, results show

Provisional results confirmed that mainstream conservatives led by Friedrich Merz won Germany's national election, while far-right party AfD surged to become the nation's second-largest.
CBS News - 10h
Germany election: far right surge is ‘last warning’, says Friedrich Merz

Leader of victorious conservative alliance says centrist parties must work together to provide effective leadership. German election live – latest updates The doubling of support for the far ...
The Guardian - 2h
Berkshire shares rise on surge in operating earnings, but questions linger about cash

The conglomerate's operating profit — earnings from the company's wholly owned businesses — skyrocketed 71% to $14.5 billion in the fourth quarter.
CNBC - 34m
Breast cancer diagnoses and deaths expected to surge worldwide, says WHO

Cases in UK set to rise by 21% and deaths by 42%, while globally one in 20 women will be diagnosed with disease. Breast cancer diagnoses and deaths are projected to surge worldwide by 2050, the ...
The Guardian - 1h
Domino’s stock slides on revenue and earnings miss. Pizza chain predicts challenging year ahead.

Domino’s Pizza Inc.’s stock fell 4.2% Monday after the chain reported a fourth-quarter profit and revenue miss amid weaker-than-expected U.S. same-store sales growth. The company cited the ongoing ...
MarketWatch - 2h
Where to see cherry blossoms in South Korea

Yahoo News - 2d
Guardiola sees 'bright future' for Man City

Pep Guardiola says he sees a "bright future" for his Manchester City side, despite Sunday's 2-0 defeat by Liverpool.
BBC News - 19h
Trump Eyes a Bigger, Better Trade Deal With China

U.S. officials are considering whether they can strike a deal with China that would ramp up its purchases of American goods and investments in the United States.
The New York Times - 5d
China’s record-breaking blockbuster buoyed by patriotic viewers

‘Ne Zha 2’ rakes in $1.7bn with help from companies organising group outings and repeat viewings
Financial Times - 3d
This ETF provider thinks it's time to rethink investing in China

Investors may want to reduce their exposure to the world's largest emerging market.
CNBC - 2d
China government spending on citizens lags economic peers

Relatively low expenditure that directly supports individual consumption could undermine growth efforts
Financial Times - 1d
Trump trade overhaul clouds China’s shipping forecast

US president’s proposed new fees risk higher costs for companies, consumers and a struggling global trade system
Financial Times - 1h
England to show ‘nastiness’ as Itoje backs side to wrestle back Calcutta Cup

Captain calls on his team to ‘create our own history’ Assistant coach Tom Harrison: ‘there’s a nastiness to us’ England have vowed to show their nasty side against Scotland on Saturday with the ...
The Guardian - 3d
Sources: Popovich not expected back this season

Spurs Hall of Fame coach Gregg Popovich is not expected to return this season, and his NBA future is uncertain as he recovers from a stroke suffered in November, sources told ESPN's Shams Charania.
ESPN - 23h
Agencies push back on Musk ultimatum

Elon Musk and DOGE sent an email to federal employees demanding they list five things they worked on in the past week, saying failure to respond would be taken as resignation. But multiple agency ...
CBS News - 16h
Tennis participation grows to more than 25M players in the US even as pickleball's popularity surges

The U.S. Tennis Association says participation in the sport around the United States rose to 25.7 million players in 2024
ABC News - 5d
Nissan stock surges on report it’s seeking Tesla deal. How the odd pairing could work.

What ailing Japanese automaker Nissan could have that Tesla would want.
MarketWatch - 3d
Conservatives win German election while far-right party surges to second place

Provisional results confirmed that mainstream conservatives led by Friedrich Merz won Germany’s national election, while a far-right party surged to become the nation’s second-largest.
NBC News - 10h
Conservatives win German election while far-right party surges to second place

Provisional results confirm that mainstream conservatives led by Friedrich Merz won Germany's national election, while a far-right party surged to become the nation’s second-largest
ABC News - 9h
Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion

Berkshire Hathaway reported fourth-quarter results on Saturday. The company's Class A shares popped more than 25% in 2024.
CNBC - 4h
Big Ten men’s Bracketology: Michigan State surges as regular season winds down

Tom Izzo’s club is rounding into form at the perfect time.
Yahoo Sports - 3h
Our guide for what to see during Frieze Los Angeles

It's the sun in the middle of L.A. art week's solar system. Here are our favorite exhibitions and events happening at Frieze and beyond.
Los Angeles Times - 5d

More in Tech

TVs at HUD Played an AI-Generated Video of Donald Trump Kissing Elon Musk's Feet

On Monday morning, TV sets at the headquarters of the Department of Housing and Urban Development played the seemingly AI-generated video on loop, along with the words “LONG LIVE THE REAL KING.”
Wired - 23m
Skyblivion, The Fan Remake Of Oblivion In Skyrim's Engine, Will Launch In 2025

Skyblivion , the fan-made effort to put The Elder Scrolls IV: Oblivion into Skyrim 's engine, is finally nearing completion. TESRenewal, the modding group working on the project, made the ...
GameSpot - 54m
Balatro's Confusing Rating Finally Changed, Leads To Europe Changing How It Rates Gambling Games

The PEGI board has announced that it has reversed its decision to classify Balatro with a PEGI 18 rating and will instead have a PEGI 12 rating. The game has a E10+ rating in North America, making ...
GameSpot - 1h
10 Best Laptop Stands for Any Setup, Tested and Reviewed (2025)

Get better posture, fewer back aches, and an ergonomic desk setup, thanks to these top laptop stands, mats, and risers.
Wired - 1h
The Best Games Of 2025 (So Far)

We've made it to 2025, and like previous years, there are quite a few upcoming games to look forward to. Last year gave us the amazing Metaphor ReFantazio and Elden Ring: Shadow of the Erdtree, as ...
GameSpot - 1h