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3 mins read
Bull run bonanza yields almost ₹1 lakh crore in exits for PE/VC investors
Thanks to the bull run which has also seen the market change its view on new-age companies — the ye…
2 mins read
Alibaba's stock dropped so much that Jack Ma reversed a plan to sell shares for his other investments
Jack Ma's family office was set to sell 10 million Alibaba shares this week to invest in agricultur…
Huileng Tan
1 min read
'Big Short' investor Michael Burry exits Amazon and Alphabet — but boosts Alibaba and bets on Baidu
Michael Burry, known for his huge bet against the mid-2000s housing bubble, sold US tech stocks and…
Theron Mohamed
5 mins read
Magnificent 7 stocks aren't setting the market up for another tech bubble
In today's big story, we're looking at why the Magnificent 7's domination of the stock market might…
Dan DeFrancesco
4 mins read
Paytm stock searches for a new bottom despite assurances by the management
The restrictions placed on PayTM Payments Banks (PPBL) by the regulator has triggered a sharp sello…
2 mins read
The late Charlie Munger's final stock-portfolio update is out - and it shows his iconic approach to investing
Charlie Munger built Daily Journal's stock portfolio from nothing to $300 million in part by leavin…
Theron Mohamed
2 mins read
Alibaba extends losses to $26 billion in market value after the company announces big reversal of spin-off plans
Alibaba was down for a second day on Friday, deepening losses as plans to spin off its cloud unit w…
Phil Rosen
1 min read
'Big Short' investor Michael Burry reveals a bet against Nvidia and other microchip stocks
Michael Burry's Scion Asset Management bought bearish put options on a semiconductor ETF that count…
Theron Mohamed
1 min read
Alibaba stock jumps 10% as the Chinese tech giant begins its biggest reorganization ever and eyes new IPOs
The move to split the company into six independently run entities comes just a day after cofounder …
Phil Rosen
1 min read
Alibaba says it's launching its own ChatGPT rival as the AI craze sends some stocks soaring
Chinese e-commerce giant Alibaba is testing its own rival to ChatGPT, joining the tech race to tap …
Zinya Salfiti
1 min read
'Big Short' investor Michael Burry reveals bets on Amazon and Alphabet
Michael Burry's Scion Asset Management added a raft of US stocks to its portfolio last quarter, mor…
Theron Mohamed
2 mins read
Alibaba jumps 12% as China approves new video games in a further sign Beijing is easing its tech crackdown
China reportedly approved 60 online video games, the most in nearly a year. Beijing has signaled it…
Carla Mozée
1 min read
Hong Kong's benchmark stock index just closed in a bear market as China's economy wavers
The Hang Seng Index has tumbled more than 20% from its recent high, with global investors growing m…
Phil Rosen
2 mins read
Hedge funds are being forced to cover their bearish bets, as the stock market continues to defy doubters
Hedge funds have been caught off-guard by the market's rally, losing over $175 million this year, p…
Joseph Wilkins
2 mins read
Alibaba exiting India? Paytm among other Alibaba-owned stocks seeing selloff
Paytm's stocks on Thursday saw a sharp downside movement after a block deal that took place where 2…
ANI
1 min read
Alibaba and other Chinese stocks get a boost after Shanghai lifts COVID-19 restrictions and officials unveil stimulus measures
Shanghai is offering tax incentives and subsidies to kickstart the local economy after two months o…
Carla Mozée
2 mins read
Chinese stocks stage their biggest rally in years
Chinese stocks staged their biggest rally in years on Tuesday, after the country's sovereign wealth…
2 mins read
Chinese stocks continue to melt down as spike in COVID-19 cases spurs new lockdowns and threatens global supply chain
Lockdowns spurred by a surge in COVID-19 cases shut down factories operated by Foxconn that are use…
Matthew Fox
1 min read
Alibaba rises as much as 11% after the Chinese e-commerce giant lifts its share buyback program to $25 billion
This is the Chinese e-commerce company's largest ever share buyback plan and will be valid for two …
Hamza Fareed Malik
2 mins read
Alibaba, JD, and other Chinese stocks jump as easing of some virus restrictions fuels hopes China will back down from zero-COVID policy
China ramping up vaccines for elderly residents and changes in testing in a major port city fueled …