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China Tech ETFs in Upbeat Momentum: Here's Why
Zacks Investment Research· 2024-05-02 18:01
China’s tech investing backdrop continues to evolve, particularly in the realms of artificial intelligence (AI) and the electric vehicle (EV) sector. The past year has seen a significant shift in investor sentiment toward China's tech giants, with a notable impact on AI development and an increasing association with the EV industry.China tech ETFs like KraneShares Hang Seng TECH Index ETF (KTEC) , Invesco China Technology ETF (CQQQ) , KraneShares CICC China 5G & Semiconductor Index ETF (KFVG) , KraneShares ...
Alibaba (BABA) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-05-01 22:51
Alibaba (BABA) closed the most recent trading day at $75.51, moving +0.88% from the previous trading session. This change outpaced the S&P 500's 0.34% loss on the day. Meanwhile, the Dow gained 0.23%, and the Nasdaq, a tech-heavy index, lost 0.33%.Coming into today, shares of the online retailer had gained 2.7% in the past month. In that same time, the Retail-Wholesale sector lost 4.37%, while the S&P 500 lost 4.05%.The upcoming earnings release of Alibaba will be of great interest to investors. The company ...
Alibaba shares 7-day surge; Longest winning streak in over a year
Finbold· 2024-04-27 15:35
Alibaba (NYSE: BABA) shares have recorded a remarkable seven consecutive days of stock gains, marking its longest streak in more than a year. Yet, despite these positive indicators, Alibaba’s shares remain significantly down from their late-2020 peak, largely due to regulatory pressures and economic challenges in ChinaAlibaba’s shares rose by 2% in U.S. premarket trading on Friday, reaching a price of $75.11 at market close—an increase of 0.64% from the previous day. This performance is notable as it stands ...
Got $1,000? 3 Stocks to Buy Now While They're On Sale
The Motley Fool· 2024-04-26 12:45
They're all great companies -- and they're even better investments after their shares' recent sell-offs.There's never really a bad time to buy a good stock. But there are certainly better times than others to step into quality names. That's when they're down for reasons that aren't apt to last.With that as the backdrop, here's a closer look at three stocks to consider buying while they're on sale. Given the growth prospects for each company, their shares are likely to recover sooner rather than later.Uber T ...
Duel In The Dark: Russian Snipers Battle Baba Yaga Drones
Forbes· 2024-04-26 12:38
Ukrainian soldier prepares a Baba Yaga heavy night bomber for launchLibkos via Getty ImagesEvery war throws up its dark legends, and in this conflict Russian soldiers have learned to fear Ukraine's ‘Baba Yaga,’ heavy bomber drones which fly by night, hovering over their positions and raining down destruction on tanks and infantry positions from above, even hitting fast-moving vehicles. In recent months Russian snipers have started downing them, but, like other small drones, Baba Yaga evolves fast and a new, ...
New Strong Sell Stocks for April 24th
Zacks Investment Research· 2024-04-24 12:46
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Alibaba Group Holding Limited (BABA) is a Chinese e-commerce giant. The Zacks Consensus Estimate for its current year earnings has been revised 5.2% downward over the last 60 days.BlackRock TCP Capital Corp. (TCPC) is a business development company. The Zacks Consensus Estimate for its current year earnings has been revised 7.5% downward over the last 60 days.Diversified Healthcare Trust (DHC) owns medical office and life science prop ...
Where Will Alibaba Stock Be in 5 Years?
The Motley Fool· 2024-04-22 14:38
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Alibaba Group. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Alibaba Is Counting on These 2 Strategies to Regain Its Glory. Can It Pay Off for Investors?
The Motley Fool· 2024-04-21 07:45
Alibaba could be a big winner if it pulls off its turnaround plan.Once an investor darling, Alibaba Group (BABA 0.28%) has fallen from grace. A series of challenges, such as the crackdown by the Chinese government, slower growth, and a massive management shuffle, have left shareholders in confusion and disappointment.Still, the tech giant has not given up on its turnaround efforts, and the appointment of the new management team could get the company back on track. Recapturing the hearts of its end usersMost ...
Alibaba (BABA) Aids U.S. Businesses With Logistics Marketplace
Zacks Investment Research· 2024-04-18 16:21
Alibaba (BABA) launched an affordable logistics solution, namely Logistics Marketplace, for small and medium-sized enterprises (SMEs) in the United States.The new solution offers a point-of-contact for buyers and pre-vetted logistics service providers, enabling businesses to offer tailored solutions to their target customers. This service is meant for reshaping the supply chain strategies of various enterprises and reducing traditional logistics hurdles.This solution allows buyers to compare real-time quote ...
Hold On to Alibaba Stock! There Is a Light at the End of the Tunnel.
InvestorPlace· 2024-04-18 10:20
Jack Ma, the founder of Chinese e-commerce firm Alibaba (NYSE:BABA), isn’t the company’s decision maker anymore. Yet, Alibaba got a major shot in the arm when Ma released a memo to the company’s employees. Not only that, but Ma has skin in the game, financially speaking, and you should too, if you see the value in Alibaba stock. Alibaba is making headway in China’s market for generative artificial intelligence. Sure, there’s room for Alibaba to grow and improve in that area. But then, the prospect of future ...