BABA Stock Recent News

U.S. stock futures were higher this morning, with the Dow futures gaining around 50 points on Tuesday.

Dr. Michael Burry, the brilliant investor who bet against the housing market before the 2008 meltdown, is a smart investor who has no problems making the types of contrarian deep-value bets that would make most market participants feel incredibly uncomfortable.

Alibaba's stock is poised to rise due to multiple positive catalysts and a reasonable valuation. China's recent economic measures, including lowering the 7-day reverse purchase rate and required reserve ratio, aim to boost liquidity and stimulate economic activity. These economic stimuli are expected to benefit BABA and other China-based companies by increasing economic activity/consumer sentiment.

Top Chinese chipmaker Semiconductor Manufacturing International Corp. led a $13 billion sector rally, after investors bet that Beijing will declare more policy or financial support for an industry central to its geopolitical ambitions. RBC Brewin Dolphin Head of Market Analysis Janet Mui joins Caroline Hyde and Ed Ludlow to discuss why she believes China's tech rally has more room to grow on "Bloomberg Technology.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Alibaba (BABA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Alibaba is poised to benefit significantly from China's massive stimulus program, which is set to boost its e-Commerce, logistics business and delivery business. The stimulus package is geared chiefly towards easing lending restrictions and spurring consumer spending. The program improves Alibaba's attractiveness, promising continued upside momentum for its share price.

Dublin, Oct. 07, 2024 (GLOBE NEWSWIRE) -- The "Snapshot of China B2B E-Commerce Marketplaces Player Overview 2024" report has been added to ResearchAndMarkets.com's offering.

As the Chinese stock market reopens after the National Day holiday, investors are keen to see if the pre-holiday rally will continue. Goldman Sachs has raised its rating on Chinese stocks to "overweight," anticipating an increase in benchmark valuations.

Chinese ADRs saw significant gains, with the Nasdaq Golden Dragon China Index (HXC) climbing 3.05%, marking its fourth consecutive week of advances and a weekly increase of 11.85%. Among the top gainers by market capitalization, Alibaba (BABA) rose 1.50%, JD.com (JD, Financial) surged 5.31%, and Trip.com (TCOM) increased by 5.88%.