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Voice Prompts Could Turn Super App Into Assistant

(Bloomberg) -- Xiaohongshu Technology Co., the Chinese creator of social platform RedNote, is preparing to confidentially file for an initial public offering in Hong Kong by the end of this month, according to people familiar with the matter.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineWhy Musk Raced to Take SpaceX Public in the Worl

Michael Burry increased his Alibaba stake at $111.90, citing its AI leadership and buybacks.

(Bloomberg) -- The extraordinary move by the US to bar foreign access to Anthropic PBC’s best AI models underscores the Trump administration’s newfound willingness to exert control over a pivotal industry. It also reminds Silicon Valley that it’s working with an imperfectly understood technology with uncertain impact.Most Read from BloombergIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineIran’s Deputy Foreign Minister Confirms Deal Reached With USUS and Iran Agree to Halt War, Rest

The country offers a different way to play the boom, with relative bargains to be found, but volatile geopolitics are a challenge.

SpaceX’s (SPCX) historic IPO kicked off with a valuation few companies ever touch. Consequently, it also left investors wondering how much upside is left, or whether profit-taking is about to begin. SpaceX's stock, priced at $135, raised $75 billion, opening a brand new chapter for Elon Musk’s ...

(Bloomberg) -- Ant Group Co. is testing an overhaul to its Alipay super app that would introduce an AI agent interface, a major escalation in its battle for users with archrival WeChat.Most Read from BloombergWhy Musk Raced to Take SpaceX Public in the World’s Biggest IPOTrump Eyes Sunday Iran Deal But Tehran Says Still Reviewing TextAnthropic Shuts Down Mythos Access After Sweeping US OrderUS Wants to Avoid Congressional Vote on Trade Deal, Carney SaysAir India Plans to Downsize With Owner Tata

Alibaba Group Holding (NYSE:BABA) is reportedly bidding about $1.5b to acquire Chinese grocery delivery firm Pupu. The offer is said to be ahead of rival bids, potentially intensifying competition with Meituan and JD.com in online grocery and local commerce. If completed, the deal would expand Alibaba's reach in high frequency grocery and food delivery services across China. At a share price of $112.82, Alibaba enters this reported bid after a period of pressure on the stock, with the price...

Chinese AI blacklisted by the White House has been used by the Ministry of Justice (MoJ), The Telegraph can reveal.

BEIJING, June 13 (Reuters) - China is "strongly dissatisfied" with a U.S. move to add several large Chinese companies to the Pentagon's list of firms it says are aiding China's military, the commerce

A Citigroup sentiment indicator hasn’t shown this much market euphoria since the post-Covid rally of 2021. How long can it last?

Alibaba's $1.5B bid for Pupu intensifies its instant retail push, but regulatory scrutiny and falling profits raise questions about the payoff.

Alibaba's offer more than doubles Sun Art's bid as China's grocery delivery consolidation accelerates.

The reported $1.5 billion offer would sharpen Alibaba's fight with Meituan.

SpaceX executives are set to ring the Nasdaq’s opening bell in New York City, but shares in buzzy initial public offerings don’t usually start trading until later in the day. Bankers leading an IPO typically want to match buyers and sellers for about 10% of the shares sold before opening trading to lessen volatility. Because pre-IPO investors are restricted from selling shares for a while, it can take time to find willing sellers among those who bought shares in a high-demand IPO.

SpaceX is going public, and its shares are expected to go to the moon. Will it stay up there? Should you go along for the ride?

The hotly anticipated IPO is set to be the largest in stock market history, and is more than 7.5 times Alibaba's IPO, in second place.

Stock is facing pressure from regulatory scrutiny, intense e-commerce competition, and heavy AI spending.

(Bloomberg) -- Alibaba Group Holding Ltd. is offering $1.5 billion to buy Chinese grocery delivery firm Pupu, initiating a bidding war as part of a broader campaign to wrest market share from online commerce rival Meituan.Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeXbox Plans Significant Layoffs as New CEO Plans OverhaulTrump Insists Iran Deal Is Close After Scrapping New StrikesTrump Vows New Attacks on Iran, Threatens Key Energy TargetsUAE and Iran Meet Fa

Tracey looks at the big IPOs from Facebook, Tesla, and Alibaba. How'd investors do?

Today, June 11, 2026, investors are weighing a record privacy penalty against surging sales, AI logistics, and new market expansion.

Alibaba Group Holding (NYSE:BABA) has replaced the head of its Dingtalk unit, reflecting an internal reset around the company’s approach to artificial intelligence. Chinese regulators recently reprimanded Alibaba over alleged misleading promotions tied to its 618 shopping festival marketing campaigns. These developments touch both Alibaba’s enterprise collaboration ambitions through Dingtalk and its core e commerce operations. For investors tracking NYSE:BABA, these updates come after a...

Is VNET a good stock to buy? We came across a bullish thesis on VNET Group, Inc. on Coughlin Cap’s Substack by Brian Coughlin and P14 Capital. In this article, we will summarize the bulls’ thesis on VNET. VNET Group, Inc.’s share was trading at $9.28 as of June 9th. VNET’s forward P/E was 24.39 according to […]

University of Florida finance professor Jay Ritter, who runs the school’s IPO Initiative and is widely regarded as the dean of IPO research, told CNBC on June 11, 2026, that SpaceX’s pending offering will set a first-day underpricing record that dwarfs prior benchmarks held by Visa and Alibaba. “SpaceX is almost certainly going to blow ... Top IPO Expert: SpaceX IPO ‘Will Blow Away’ Records Set by Visa and Alibaba

Regulator Targets Misleading Discounts During 618 Shopping Festival

WuXi AppTec said on Thursday it has filed a complaint at ‌a U.S. district court against the ‌Department of Defense for including the company in a ​list linked to the Chinese military. The drug developer is part of a list of Chinese companies that includes Alibaba, internet search provider Baidu, ‌and automakers BYD ⁠and NIO, which the United States believes are aiding Beijing's military. The list ⁠released on Monday includes a broad swathe of China's top technology firms key to advancing ​Beijing's military ​and industrial prowess, ​reflecting Washington's security concerns ‌amid intense geopolitical competition between the countries.

Is BABA a good stock to buy? We came across a bullish thesis on Alibaba Group Holding Limited on Value & Momentum Portfolio’s Substack. In this article, we will summarize the bulls’ thesis on BABA. Alibaba Group Holding Limited’s share was trading at $115.38 as of June 10th. BABA’s trailing and forward P/E were 17.74 and 18.08 […]

SpaceX is about to complete the biggest IPO in history.

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock

Regulatory Pressure Returns to China Tech as Alibaba, JD.com Fall Sharply