News

UnitedHealth Group recently announced that Jodee Kozlak joined as chief administrative officer, a new role overseeing People, Real Estate, Procurement and Corporate Security to support enterprise modernization and alignment across the business. Kozlak’s background leading global expansion at Alibaba, human resources at Target, and board roles at C.H. Robinson Worldwide and KB Home suggests UnitedHealth is placing greater emphasis on organizational efficiency and large-scale transformation...

Meta Platforms Inc., Apple Inc., OpenAI, Microsoft Corp. and Alibaba Group Holding Ltd. are taking different positions across the AI market as demand for computing power continues to outstrip supply and new AI formats broaden adoption. CLSA Sees Chip Shortage...

A massive infrastructure push is reshaping Alibaba's growth story

Alibaba's AI Ambitions Trigger Massive Spending Forecast From Citi

Alibaba is scaling Qwen, AI chips and global cloud capacity as triple-digit AI product growth meets heavy capex and execution risk.

Polaris Capital Management, an investment management company, released its second-quarter 2026 investor letter for “Global Equity Strategy”. The letter can be downloaded here. Global markets delivered strong gains during the quarter, supported by an AI-driven earnings rally despite elevated interest rates, inflation concerns, and geopolitical uncertainty. Polaris Global Equity Composite (net of fees) returned 13.26% […]

Here's a check of the markets in the first few minutes of trading.

The Chinese tech company plans its first cloud regions in Turkey, Finland, and the Netherlands within 12 months

BABA's Quick Commerce revenues surge 45% as Taobao Instant Commerce improves unit economics, but profitability is targeted for fiscal 2029.

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.1%, and the actively t

Alibaba Group Holding Ltd. is accelerating its data center expansion in Europe and the Middle East, propelling its 20-gigawatt global infrastructure buildout during China’s escalating competition in AI chips and models with the US.

Alibaba recently unveiled its Zhenwu V900 AI accelerator, described as China’s most powerful AI chip, and committed more than US$53.00 billion over three years to expand data center capacity for Alibaba Cloud by 2032. This push into homegrown AI infrastructure positions Alibaba as a key domestic alternative to foreign chip suppliers and could materially influence how it competes in China’s rapidly evolving cloud and AI market. We’ll now examine how Alibaba’s Zhenwu V900 chip launch and...

Alibaba used its September 22 developer conference to show how quickly China’s AI stack is filling the holes left by restricted access to U.S. chips. The company unveiled the Zhenwu V900 accelerator, which it says delivers roughly three times the performance of its predecessor and is scheduled for mass production in early 2027. Alibaba Group […]

Tech stocks advanced late Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF

Tech stocks advanced Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK

The Nasdaq Composite was up, the Dow Jones Industrial Average was down, and the S&P 500 Index was ro

The 2032 capacity target stretches AI self-sufficiency into a capital-allocation test.

BABA's cloud and AI growth, resilient commerce engine and disciplined AI spending offer three reasons to hold despite its premium valuation.

On this episode of Stock Movers: - Alibaba (BABA) shares are higher this morning after the company rolled out what it calls China's most powerful AI chip and announced plans to expand data center capacity in the coming years. - ON Holdings (ONON) is getting a boost as it expects sales growth in the high teens over the next few years as it moves into sports including golf and football. - Viking Therapeutics (VKTX) shares surged after the biotech released data from its VK2735-102 maintenance study showing VK2735, its experimental obesity drug, maintained up to 97% of weight loss versus 61% for placebo when subjects switched to every-other-week dosing. Leerink analysts said the "stellar" data strengthens the drug's competitive profile.

Alibaba (BABA) unveiled its newest artificial intelligence chip on Tuesday along with other updates

Alibaba Group Holding is rolling out what it calls China's most powerful AI chip, an accelerator to compete with Nvidia. Ed Ludlow reports on "Bloomberg Open Interest."

Alibaba Group (NYSE:BABA), the Chinese technology giant, unveiled a new AI chip and plans to expand its data center capacity at its annual Apsara Conference in Hangzhou on Tuesday. The company introduced the Zhenwu V900, which it called China’s most powerful AI chip and said it delivers three...

Alibaba's (BABA) stock price is climbing premarket after it rolled out a new AI chip, the Zhenwu V900, pitting it against Nvidia chips as a powerful competitor. The 8:30 hosts, Julie Hyman, Pras Subramanian, and Jake Conley, discuss why it may not be a major threat to Nvidia and why China is focusing more on international markets than on domestic ones.

Alibaba is scaling its AI models, chips and data centers as Chinese tech companies race to build alternatives to Nvidia.

China’s Cyberspace Administration reportedly summoned representatives from all seven Chinese companies named in Anthropic’s report before narrowing its focus to DeepSeek and Moonshot.

Alibaba’s AI chips and cloud ambitions meet regulatory heat Alibaba Group Holding (NYSE:BABA) is back in focus after a string of AI related headlines, from a Qwen powered U.S. government search tool to a new Zhenwu V900 accelerator and fresh Pentagon blacklist scrutiny. Investors watching Alibaba now have to weigh a powerful AI chip roadmap and a planned US$53b spend on data centers against questions about procurement practices, regulatory risk, and how much cash the cloud and commerce engine...

Alibaba Group (NYSE:BABA) unveiled a new artificial intelligence processor on Tuesday, describing it as China’s most powerful AI chip, while outlining plans to expand its data centre capacity to more than 20 gigawatts by 2032. Chief Executive Eddie Wu introduced the Zhenwu V900 accelerator at Alibaba’s annual Apsara Conference in Hangzhou, highlighting the company’s investment in AI infrastructure and advanced computing.

FEATURE Stock futures were sliding on Tuesday as investors opted to lock in some profit following the previous session’s record-breaking tech rally. Artificial-intelligence stocks slipped, having surged on Monday.

US stock futures were little changed on Tuesday following a rally in technology shares during the previous session. Investors were monitoring President Donald Trump’s upcoming address to the United Nations, comments from a Federal Reserve official on interest rates and the launch of a new artificial intelligence chip by Alibaba.

↗️ Alibaba (HK:9988), (BABA): The tech giant rolled out its most powerful chip yet, doubling down on its bid to control the software and hardware that power its AI ambitions. Shares rose about 2% in Hong Kong.