Sector Spotlight: Upbeat earnings, AI optimism put Chinese tech stocks in focus
Welcome to the latest edition of “Sector Spotlight,” where The Fly looks at a new industry every week and highlights its ...
Alibaba Soars 8% as Ryan Cohen Bets $1B Following Q3 Earnings Beat
Chinese e-commerce retailer Alibaba (BABA) stock spiked over 8% after billionaire investor Ryan Cohen increased his stake to ...
Alibaba Stock Jumps on AI Spend Plans, Reported $1B Stake by GameStop CEO
U.S.-listed shares of Alibaba Group are rising in premarket trading Friday after GameStop CEO Ryan Cohen reportedly raised ...
Tech Down on Resilience Bets -- Tech Roundup
Chinese tech firm Lenovo Group, the world's largest PC maker, plans to leverage AI startup DeepSeek's recent breakthrough to propel growth for its AI-enabled products. Write to Rob Curran at ...
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Ryan Cohen increases Alibaba stake to $1B, WSJ reports
Ryan Cohen, founder of Chewy (CHWY) and CEO of GameStop (GME), has increased his stake in Alibaba (BABA) to $1B, the Wall Street Journal’s Lauren ...
Money Flowing Into Chinese Stocks, Especially Alibaba; The Main Event Ahead Is Nvidia Earnings
Part of the buying in BABA is coming from the meme crowd after a report that Ryan Cohen, founder of Chewy Inc (CHWY), has bought almost $1B worth of BABA stock. Previously, Ryan Cohen triggered a meme ...