Alibaba Group Holding Ltd

NYSE: BABA
$74.85
+$0.26 (+0.3%)
Closing price April 11, 2024
Alibaba Group Holding Ltd is a giant in the digital world, offering a wide array of services from online retail platforms like Taobao and Tmall to cloud computing, digital media, and entertainment through Youku and Alibaba Pictures. It's a hub for merchants and brands globally, providing tools for marketing, logistics through Cainiao Network, and consumer engagement. Alibaba also caters to local services with platforms like Ele.me for on-demand delivery and Koubei for restaurant guides, alongside innovations in IoT and smart devices such as Tmall Genie. Founded in 1999, Alibaba continues to expand its footprint beyond its base in Hangzhou, China.
Recent insider buying has been highlighted by purchases by Warren Buffett, Jack Ma, Carlos Slim, and John Paulson. Biotechs tempted insiders, as did public offerings.
At its initial public offering in September 2014, Alibaba Group Holdings Ltd. (NYSE: BABA) was valued at $167.7 billion. The company raised $21.7 billion in the IPO, a record at the time. Only Saudi...
If you could go back to 2014, odds are you’d want to invest in Bitcoin. One bitcoin was going for only $310, and they’re now going for $35,000. Even if you don’t think it will go up anymore,...
Wednesday's top analyst upgrades and downgrades included Alibaba, Alphabet, Amazon.com, AppLovin, Cognizant Technology Solutions, Emerson Electric, Meta Platforms, Pinterest, Sea, Shopify, Target and...
Monday's top analyst upgrades and downgrades included Alibaba, Amazon.com, AppLovin, Corteva, Hershey, Lucid, Medical Properties Trust, Palo Alto Networks, Rivian Automotive, Twilio, Ventas, Walmart...
After markets close on Wednesday, a precious metals miner and an iconic entertainment firm report earnings, followed Thursday morning by China's largest e-commerce company.
Musk threatens to sue Meta over the new Threads social media app; Tesla faces an early challenge in its cartel promise; and Alibaba is about to be let off the hook.
Wednesday's top analyst upgrades and downgrades included Alibaba, Alphabet, Antero Resources, Ballard Power Systems, Coterra Energy, Frontier Communications Parent, GE HealthCare Technologies, Host...
Here is a look at three companies that are reporting quarterly results before markets open on Thursday.
CEO Bob Iger begins the round of cost-cutting he promised activist investor Nelson Peltz last month in order to avoid a proxy fight, and Warren Buffett buys even more stock in oil producer Occidental.
Before markets open on Thursday, a green semi truck maker, a gold miner and China's e-commerce giant are set to report quarterly results.
The fallout from Google's botched unveiling of its Bard chatbot weighed on tech stocks again Thursday. But Googlers have another generative-AI model in the lab. This one will write a song for you.
Be prepared--for a blizzard of AI press releases announcing that everyone is working overtime on incorporating AI into whatever it is they make.
Investors were cautious Tuesday morning, following the Monday holiday. Crude oil and bitcoin trended higher, but stocks and gold were trading lower.
The CES show closed on Sunday, Alibaba co-founder Jack Ma is walking away from control of Ant Group, and Goldman Sachs is getting set to fire about 3,200 employees.