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The plunge in share prices followed a series of bad news stories for the e-commerce company, prime among which was a big reversal in corporate strategy. Alibaba is shelving its plans to spin-off ...
(Reuters) -Alibaba Group has scrapped plans to spin-off its cloud business, citing uncertainties created by U.S. export curbs on chips used in artificial intelligence applications. The U.S ...
(Reuters) -Alibaba Group said on Tuesday it was offering to buy the 36% of Cainiao it does not already own for up to $3.75 billion, abandoning plans for an initial public offering (IPO) of the ...
Alibaba has called off plans to spin off its cloud computing arm, saying recent tightening of US controls on chip exports to China has created “uncertainties” for the division’s prospects.
Benchmark analyst Fawne Jiang maintained a Buy rating on Alibaba Group Holding (NYSE:BABA) with a price target of $118. Jiang remarked that Alibaba’s latest earnings report was a mixed bag ...
Before you buy stock in Alibaba Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Alibaba ...
Alibaba's stock is arguably a buy for risk-tolerant growth investors. This might help: As it stands right now, analysts' consensus price target is more than 40% above the stock's present price.
Jack Ma has put off plans to sell hundreds of millions of dollars worth of Alibaba shares after the Chinese tech giant’s stock plummeted last week. ... Business. Entertainment. Fitness. Food. Games.