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Alibaba Group Holding Ltd. Sponsored ADR Stock News
Alibaba and other Chinese e-commerce stocks fell as Beijing called for higher standards. Pivoting to AI can't save Alibaba from risks to its core business.
Alibaba's stock price extended its recent sell-off as Chinese tech shares tumbled, wiping out $2.4 trillion in market value amid growing doubts about the AI industry. BABA shares fell to $100 in premarket trading, down 48% from their highest point this year.
China's benchmark CSI 300 dipped into bear market territory today, marking a 20% drop from its June peak. The index, which tracks 300 of the largest stocks listed in Shanghai and Shenzhen, has declined for ten consecutive weeks.
Tencent's artificial intelligence unit, Tencent Hunyuan (Tencent Hy), said Thursday (Oct. 15) that rogue AI agent activity covered in recent reports originated from evaluations of third-party models, not the company's own models.
SANTA ROSA, Calif.--(BUSINESS WIRE)--Keysight will demonstrate multi-vendor interoperability of Link Layer Retry for the first time at the 2026 OCP Global Summit October 12 - 15.
Alibaba Group (NYSE:BABA), the Chinese e-commerce and cloud computing company, is expected to see cloud revenue growth accelerate in the December and March quarters, with Jefferies forecasting growth of more than 50% in financial year 2028. Jefferies expects Alibaba to demonstrate solid execution across AI Cloud and Compute services, AI Lab and Applications and e-commerce in the September quarter.
Alibaba Group's international eCommerce site, AliExpress, is testing a VIP program called Elite, The Information reported Wednesday (Sept. 30), citing an unnamed source.
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