Alibaba shares jump on earnings. All is not rosy yet.
Text size Alibaba shares rose on Thursday after earnings beat estimates. AFP via Getty Images Ali Baba rose on Thursday as a sluggish spring weighed down by a gloomy macro…
SoftBank is ready to reduce its huge stake in Alibaba
Text size SoftBank’s Masayoshi Son was a major early investor in Alibaba. Koki Nagahama/Getty Images SoftBank is poised to sharply sell its stake in the Chinese tech giant Ali Baba…
Alibaba jumps 6.5% on tech rally ahead of earnings
(Bloomberg) — Alibaba Group Holding Ltd. led Chinese technology shares higher on Thursday as investors repositioned ahead of quarterly results, although investors remained cautious about a number of potential headwinds…