South Korean memory giant SK Hynix is expected to list its American Depositary Receipts (ADRs) in the U.S. under the ticker SKHY. Its debut is tentatively scheduled for Friday, July 10.
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Recently, Zacks.com users have been paying close attention to Alibaba (BABA). This makes it worthwhile to examine what the stock has in store.
China's Kuaishou Technology said on Thursday a group of investors including Alibaba and Tencent will inject over 19 billion yuan ($2.80 billion) in Kling AI, while valuing the popular AI video arm at $15 billion on a pre-money basis. The fundraising underscores investors' appetite for China's fast-growing AI sector, which continues to attract billions of dollars in fresh capital. Technology companies have raised a total of $3.1 billion from stock market listings in China this year to mid-June, more than five times the amount raised last year.
Alibaba Group Holding Ltd (NYSE:BABA) will reportedly ban employees from using Anthropic’s (NASDAQ:ANTP) Claude Code in its workplace systems from July 10 over alleged security concerns, according to a Reuters report citing a person familiar with the matter. The decision follows a report by Chinese financial publication Yicai, which claimed that Alibaba had identified what it described as embedded “backdoor” risks within the AI-powered coding assistant.
Chinese tech giant Alibaba has banned employees from using Anthropic's Claude Code at work after the tool drew scrutiny for features that can help identify China-linked users, according to a person familiar with the order. The ban is part of a deepening spat between the two companies after Anthropic accused Alibaba of illicitly extracting its Claude AI model capabilities — a dispute that highlights the frantic race between the U.S. and China to take the lead in artificial intelligence. Claude Code is Anthropic's AI coding assistant for software developers.
Another big valuation moment for an up-and-coming sports league.
The Chinese e-commerce company and its U.S.-based payment processor admitted to roughly 80,000 unlawful product sales over nearly a decade
Alibaba Group Holding has agreed to pay $600 million to resolve allegations with the U.S. government related to illegal sales and imports of pharmaceuticals and regulated chemicals. The settlement covers activity on Alibaba platforms from 2016 to 2024 and closes a multi year dispute with U.S. authorities. The agreement highlights compliance risks and potential changes to Alibaba's cross border operations and U.S. exposure. For investors tracking NYSE:BABA, this settlement comes at a time...
Alibaba agrees to pay $600 million after admitting it failed to prevent tens of thousands of illegal pharmaceutical sales into the United States.
The Chinese tech giant Alibaba will pay $600 million to resolve a dispute with the U.S. government over allegations that the Hangzhou-based firm sold and imported illegal pharmaceuticals, controlled substances, regulated chemicals, and pill-making equipment into the U.S. Alibaba operates some of the world's largest e-commerce platforms, including Alibaba.com and AliExpress.com. The U.S. alleges that Alibaba’s U.S.-based payment processor, AUS Merchant Services, violated federal law by failing to prevent merchants from selling and importing illegal products into the U.S. through Alibaba.com and AliExpress.com.
The payment resolves allegations that Alibaba Group and AUS Merchant Services allowed merchants to sell and import illegal pharmaceuticals and other restricted items into the U.S.
Alibaba Group Holding Limited (NYSE:BABA) ranks among the AI stocks beyond NVIDIA that could surge in 2026. Despite recent stock price swings drawing investor attention in recent trading sessions, Jefferies reiterated Alibaba Group Holding Limited (NYSE:BABA) as its top pick in the Chinese internet market on June 12. According to Jefferies analysts, Alibaba’s share price […]
<p>The VanEck China Semiconductor ETF (SMHC) gives U.S. investors exposure to China's chip companies. Just don't expect to find the country's biggest chipmaker inside.<br> </p>
New Pentagon-linked rules are forcing lobbyists to choose between Chinese tech clients and US defense contractors.
BABA's AI-powered commerce ecosystem, merchant monetization efforts and quick commerce expansion could help support fiscal 2027 growth.
Baidu Inc. (NASDAQ:BIDU) is one of the AI stocks on Wall Street’s radar. On June 28, Reuters reported that Kunlunxin, the semiconductor unit of Baidu, is reportedly targeting a $50 billion valuation for its upcoming Hong Kong IPO. This figure represents a 17-fold increase since its funding round just six months ago, when it was […]
ARK funded part of the shift by trimming exposure to Chinese technology by selling positions in Alibaba and Baidu.
Alibaba Group Holding Limited (NYSE:BABA) is one of the oversold tech stocks to buy now. On June 2, Alibaba’s location-based platform, Amap, partnered with the Singapore Tourism Board to launch Singapore Street Stars, an AI-driven ranking system designed to help Chinese travelers discover local experiences. The initiative uses real user data to provide curated recommendations […]
(Bloomberg) -- Chip stocks are heading for their best quarter ever, extending an extraordinary start to the year driven by insatiable demand for artificial intelligence equipment. But after recent jitters sent the stocks tumbling, investors are wondering how much further the rally can go. Most Read from BloombergYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsWhatsApp Opens Username Reservations to 3 Billion UsersUS St
BEIJING, June 30 (Reuters) - China's food delivery giant Meituan said on Tuesday it had released and would open-source its next-generation LongCat large language model, claiming it is the world's first trillion-parameter AI system trained and run entirely on a 50,000-chip cluster powered by Chinese-made processors. Meituan, often compared to DoorDash, is a late entrant to China's crowded and well-funded AI sector, where rivals include DeepSeek and ByteDance's Doubao.
If you are wondering whether Alibaba Group Holding is priced attractively today, the stock's recent moves and current valuation metrics make it a company many investors are watching closely. The share price closed at US$95.51, with returns that declined 9.0% over the past week, 23.1% over the past month, 38.7% year to date, and 15.0% over the past year, while still showing a 20.6% gain over three years and a 53.4% decline over five years. Recent coverage around Alibaba Group Holding has...
(Bloomberg) -- China’s Tencent Holdings Ltd. is ramping up buybacks as its Hong Kong-listed shares struggle to recover from a selloff that’s wiped out about $309 billion in market value since early October.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanSupreme Court Leaves Tru
(Bloomberg) -- After a banner year for Chinese stocks on the back of AI advances, 2026 is not going well.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesSupreme Court Leaves Trump’s Fed, Citizenship Gambits for LastPrabowo Risks Prompt Global Banks to Pull Cash Out of IndonesiaThe MSCI China Index has tumbled 15%, the worst performance glo
Anthropic has accused Alibaba of a huge AI distillation attack using 25,000 fake accounts. Here is what it means for BABA stock.
Strategy, Alibaba Group and Nike shares slumped to 52-week lows last week amid declining Bitcoin prices, an accusation from Anthropic, and a series of price target cuts, respectively.
Regarding Strategy, Novogratz noted that Michael Saylor has sufficient cash to cover dividends and is not a forced seller amid market challenges.
The clash over Claude could test Anthropic’s valuation by exposing how hard it is to protect frontier AI models after extraction.
Michael Burry is not a name the market ignores. The investor behind the "Big Short" trade that predicted the 2008 financial crisis has made his bearish stance on Palantir Technologies one of the more talked-about positions on Wall Street. Now, something has shifted. According to GuruFocus: Burry's ...