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Alibaba has arguably not gotten the respect it deserves as China's most significant e-commerce platform. While competition has intensified, Alibaba is still highly profitable. Alibaba is also making rapid gains in AI through its open-source model leadership.
Tech titans Alibaba (BABA -3.81%) and Amazon (AMZN 1.43%) share several similarities. For instance, both expanded beyond their e-commerce roots to become giants in the cloud computing space.
HONG KONG--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the completion of its private offering (the “Bond Offering”) of HK$12.023 billion aggregate principal amount of Zero Coupon Exchangeable Bonds due 2032 (the “Bonds”) by reference to the ordinary shares of Alibaba Health Information Technology Limited (“Alibaba Health”) that are listed on The Stock Exchange of Hon.
Few investors are willing to put their capital to work outside of the United States stock market; however, in today's global economy and opportunity-based environment, this could be a massive sunk cost of opportunity that not many can afford to take on in their portfolios. For this reason, diversifying into international growth stories can be a great strategy moving forward.
Alibaba remains deeply undervalued at 11x earnings despite a 50% rally, offering a rare entry into AI, robotics, and drone growth. The company boasts a strong balance sheet, robust earnings growth, and major investments in AI, cloud, robotics, and healthcare innovation. Risks include Chinese regulatory uncertainty and geopolitical tensions, especially regarding Taiwan, which temper my position size but not my conviction.
In the latest trading session, Alibaba (BABA) closed at $107.99, marking a +1.62% move from the previous day.
Without the leadership of the red-hot U.S. tech sector, the S&P probably wouldn't be making new highs right about now, especially as the tariff deadline looms while new tariff threats are made.
There's little doubt that artificial intelligence is here to stay. It's just too game-changing to put back in the box now.
Shares of Amazon.com Inc. (NASDAQ:AMZN) remained mostly flat over the past five trading sessions, eking out a 0.01% gain and bringing the e-commerce and cloud storage solutions stock’s year-to-date gain to 1.42%. Over the past year, it is up 12.07%. The first week of July, Truist raised its price target on AMZN to $250 from $226, while maintaining a “Buy” rating. The firm expects Amazon.com to report stronger than expected Q2 results, driven by a resilient North American consumer virtually unaffected by the macro or tariffs so far, and by favorable FX on a weakening U.S. dollar. In early June, Bank of America raised the its price target on Amazon.com to $248 from $230, maintaining its “Buy” rating, citing recent Software-as-a-Service and retail sector multiple expansion. Amazon announced in July that it has deployed its 1 millionth robot while also deploying its new AI foundation model to power its robotic fleet. Its first twelfth generation automated fulf
Alibaba Group Holding Ltd (NYSE:BABA) shares are 2% lower to trade at $106.55 at last glance, sliding alongside the broader market amid tariff uncertainty.