The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The ...
China's economic fortunes were improving before Donald Trump's re-election, but his return to the White House seems to have inspired Xi Jinping to bring Beijing's business leaders in from the cold.
Shares of Alibaba ( BABA -9.10%) were taking a dive today after investors balked at the company's big spending plans in cloud ...
BEIJING: Chinese tech giant Alibaba said on Monday (Feb 24) it will spend more than US$50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder ...
AXT, Inc. reports strong revenue growth from indium phosphide wafers but warns of a weak Q1-2025 outlook. Click for more on ...
Alibaba shares tumbled in U.S. trading on Monday as President Donald Trump’s latest executive order stirred fears about ...
Shares in U.S.-listed Chinese technology companies such as Alibaba, JD.com and Temu's parent company PDD fell sharply Monday. Alibaba recently stood about 9.5% lower, while PDD lost 8%. The pullback ...
Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.
US stocks couldn't hold opening gains amid ongoing inflation and economic worries. Nvidia earnings and inflation data are due ...
Nvidia’s earnings caps off a Magnificent 7 earnings season that has seen some big tech stocks suffer in the light of DeepSeek ...
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
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