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What Does Alibaba (BABA) Facing A Securities Fraud Probe Mean Now?
Simply Wall St.1d agobearish
What Does Alibaba (BABA) Facing A Securities Fraud Probe Mean Now?

Alibaba Group Holding (NYSE:BABA) is under investigation by the Portnoy Law Firm for potential securities fraud on behalf of investors. The probe focuses on whether Alibaba made misleading statements or omitted material information in violation of federal securities laws. Portnoy Law Firm is evaluating a possible class action, inviting shareholders who purchased Alibaba securities to contact the firm. The Portnoy securities fraud inquiry into Alibaba adds to a broader context that recent...

Alibaba Stock Jumps After Unveiling New Zhenwu V900 AI Chip and Cloud Expansion
TIKR1d agobullish
Alibaba Stock Jumps After Unveiling New Zhenwu V900 AI Chip and Cloud Expansion

Key Stats for Alibaba StockPrice change for Alibaba stock in last 1 year: -29%$BABA Stock Price as of Sep. 22: $11552-Week High: $193$BABA Stock Price Target: $186What Happened?Alibaba (BABA) stock rose about 3% in Hong Kong on Tuesday after the company unveiled a new AI chip and big plans to expand its data centers.

Why Polaris Capital Continues Watching Alibaba (BABA) Amid AI Opportunity and China Market Challenges
Insider Monkey1d agoneutral
Why Polaris Capital Continues Watching Alibaba (BABA) Amid AI Opportunity and China Market Challenges

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% […]

Alibaba Group Holding (BABA) Is Up 6.4% After Major In-House AI Chip And Cloud Investment Push
Simply Wall St.1d agoneutral
Alibaba Group Holding (BABA) Is Up 6.4% After Major In-House AI Chip And Cloud Investment Push

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 Higher on Chip News; On Holdings Football Move | Stock Movers
Bloomberg2d agoneutralVIDEO
Alibaba Higher on Chip News; On Holdings Football Move | Stock Movers

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 Unveils AI Chip to Compete With Nvidia
Bloomberg2d agoneutralVIDEO
Alibaba Unveils AI Chip to Compete With Nvidia

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 unveils new AI chip and data center expansion plans
Proactive2d agoneutral
Alibaba unveils new AI chip and data center expansion plans

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 rolls out what it's touting as China's most powerful AI chip
Yahoo Finance Video2d agoneutralVIDEO
Alibaba rolls out what it's touting as China's most powerful AI chip

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.