BABA - Alibaba Group Holding Limited
| Previous Close | 148.80 |
| Open | 143.22 |
| Bid | 0.00 x 1000 |
| Ask | 0.00 x 4000 |
| Day's Range | 142.62 - 147.51 |
| 52 Week Range | 135.14 - 211.70 |
| Volume | 19,950,477 |
| Avg. Volume | 23,822,612 |
| Market Cap | 377.174B |
| Beta (3Y Monthly) | 2.45 |
| PE Ratio (TTM) | 43.56 |
| EPS (TTM) | 3.37 |
| Earnings Date | Nov 2, 2018 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 219.96 |
- Zacks•7 hours ago
Alibaba (BABA) Dips More Than Broader Markets: What You Should Know
Alibaba (BABA) closed the most recent trading day at $146.65, moving -1.44% from the previous trading session.
- MarketWatch•9 hours ago
Alibaba wins preliminary trademark injunction against cryptocurrency Alibabacoin
Chinese e-commerce giant Alibaba Group Holding Limited has won a preliminary injunction against cryptocurrency firm Alibabacoin Foundation.
- MarketWatch•11 hours ago
Shares of China-based companies retreat after renewed selloff
Shares of China-based companies pulled back in U.S. trade Tuesday after a two-day rebound by Chinese stock market indexes gave way to renewed pressure, contributing to a global stock-market selloff. U.S.-listed shares of Alibaba Group Holding Ltd. fell 1.6%, giving back a chunk of a sharp Monday rally. The stock is off more than 11% in the month to date. Among other U.S.-listed shares, JD.com Inc. fell 2.5%, NIO Inc. shed 5.5%, and iQUIYI Inc. pulled back 4.8%. The iShares China Large-Cap exchange traded fund was down 2.3%, leaving it off 7.5% in October. The Shanghai Composite ended 2.3% lower Tuesday, while the China Shenzhen Index dropped 1.9%.
- Market Realist•12 hours ago
AT&T Is Putting 5G into Magic Leap Deal
AT&T (T) is planning to bring 5G (fifth-generation) connectivity to the Magic Leap headquarters campus in Florida next year, the wireless giant announced recently. It’s intended to allow developers there to test applications on a faster network right where the work is being done.
- Investopedia•13 hours ago
Trade War Batters US-Listed China Stocks
U.S.-listed shares of Chinese companies have taken a beating in recent months, dropping to 52-week lows in reaction to that nation's slowing economy. American companies with China exposure have held up better but are now feeling the pressure, as evidenced by the latest warning from Dow component Caterpillar Inc. ( CAT). None of this bodes well for the U.S. stock market in 2019.
Market Realist•17 hours agoUS-China ‘Skirmish’ Could Be a Long Affair
The Trump Administration has also been taking several other economic actions directed at China. In USMCA (United States–Mexico–Canada Agreement), the Trump Administration managed to get a clause that says that if any of the member countries enter into a trade agreement with a “non-market economy” the remaining countries can exit USMCA and sign a bilateral deal instead. China’s BRI (Belt and Road Initiative) has also faced criticism from the Trump Administration.
- Investopedia•18 hours ago
Warren Buffett and Jack Ma Are Backing This Fintech Firm
Ant Financial, Alibaba Group Holdings Ltd.’s ( BABA) financial services affiliate run by billionaire Jack Ma, has become the latest high profile investor to express an interest in buying a big stake in Brazilian fintech firm StoneCo Ltd ahead of its initial public offering (IPO) next Thursday. The Brazilian card processor, which is offering up to 54.9 million shares and could raise as much as $1.26 billion if it prices at the top of its range, said in a securities filing that Ant Financial has committed to invest $100 million in its IPO, reported Bloomberg.
Reuters•21 hours agoPaytm says consumer data safe after founder's personal data stolen
NEW DELHI (Reuters) - India's top digital payments company Paytm said on Tuesday its consumer data was safe after police arrested three people, including the company's spokeswoman, over allegations they ...
- Reuters•21 hours ago
BRIEF-Yantai China Pet Foods Signs Strategic MoU With Alibaba On Sales Cooperation And Brand Building
Oct 23 (Reuters) - Yantai China Pet Foods: * SAYS IT SIGNS STRATEGIC MOU WITH ALIBABA ON SALES COOPERATION AND BRAND BUILDING * SAYS IT AIMS TO ACHIEVE SALES OF 1.75 BILLION YUAN ($252.19 million) VIA ...
- CNBC•yesterday
Jack Ma sticks to his goals by repeating 3 questions to himself
The ability to stay the course can make or break a business — and that's something that self-made billionaire Jack Ma knows well. The iconic entrepreneur has led Alibaba BABA since its inception in 1999. Ma's track record comes at a time when statistics point to a sobering reality about the survival rate of young businesses: 70 percent of start-ups fail around 20 months after raising their first funding, according to an August report by research firm CB Insights.
- IPO Edge•yesterday
China’s Ant Financial to Buy $100 Million of Brazil’s Stone Shares After IPO
Ant Financial is World’s Largest Fintech Company, Alibaba Owns 1/3 Stake By John Jannarone Chinese fintech firm Ant Financial has agreed to buy $100 million of shares in Brazilian digital-payments company StoneCo (ticker: STNE), adding to a list of high-profile buyers that have taken interest in the IPO slated to price this week at a […]
- IPO-Edge.com•yesterday
China’s Ant Financial to Buy $100 Million of Brazil’s Stone Shares After IPO
Ant Financial is World’s Largest Fintech Company, Alibaba Owns 1/3 Stake By John Jannarone Chinese fintech firm Ant Financial has agreed to buy $100 million of shares in Brazilian digital-payments company StoneCo (ticker: STNE), adding to a list of high-profile buyers that have taken interest in the IPO slated to price this week at a […]
- Investor's Business Daily•yesterday
Nasdaq Leads Mixed Session As China Names Rise; AMD Rallies Ahead Of Earnings
The Nasdaq composite held a decent gain in afternoon trading but was off session highs. The index rose % intraday, helped by strength in Chinese stocks.
- InvestorPlace•yesterday
7 Growth Stocks That Could Be Derailed Soon
Particularly, growth stocks have proven as wise and lucrative investments. This advice is especially important for growth stocks. On the other hand, the technicals provide a snapshot into market sentiment and behavior.
InvestorPlace•yesterdayThe 3 Best Stocks to Short on the Street
The latter consists of a downtrending stock that just rallied to resistance and is ready for another smackdown. Chinese stocks have suffered disproportionately for months now. This morning’s up gap in Chinese equities has lifted BABA back to overhead resistance.
- InvestorPlace•yesterday
3 Chinese Stocks to Buy Now — Including Alibaba
If you like risk, Chinese stocks are a good market to be in. As Groucho Marx said nearly a century ago about Florida real estate, “You can even get stucco. The ongoing trade war, and the possibility of peace, is making Chinese stocks very volatile. They can be pummeled one week, then surge the next, and the government’s reaction to these gyrations is watched even more than in the U.S.
- The Telegraph•2 days ago
Alibaba expands cloud computing business to the UK
Alibaba Group’s cloud computing arm has launched its first data centres in the UK, as the Chinese company forges ahead with an ambitious international expansion plan in Europe.
- TheStreet.com•2 days ago
Alibaba and Tencent Jump as Chinese Stocks Post Sharp Rally
Chinese stocks had their best day of trading in more than two-and-a-half years on Monday, Oct. 22, sending Chinese companies that trade publicly in the U.S. soaring. The country's benchmark Shanghai Composite rose more than 4% after senior Chinese officials made a concerted effort to talk up the country's struggling economy.
Market Realist•2 days agoInside PayPal’s Alliance with American Express and Walmart
On October 18, PayPal (PYPL) announced an expansion of its existing partnership agreement with American Express (AXP). This agreement would allow American Express customers to send money and pay credit card bills with existing Venmo balances. It would also enable PayPal users to access American Express tokens and use American Express rewards points for PayPal purchases.
- InvestorPlace•2 days ago
Is It Too Early to Get Back Into Alibaba Stock?
Alibaba (NYSE:BABA), like many Chinese stocks, has been under pressure in 2018, mostly due to trade war concerns. In fact, the pressure has driven BABA stock down 17% year-to-date. And the strengthening U.S. dollar and reports of a potential cooling of the Chinese economy have added to the uncertainty surrounding BABA in the past few weeks. As one of the most successful IPO’s of the past few years, and with a market cap of $380 billion, Alibaba has become a highly regarded global company.
- MarketWatch•2 days ago
Alibaba's stock surges as part of broad rally in China-based companies
Shares of Alibaba Group Holding Ltd. shot up 3.4% in premarket trade Monday as part of a broad rally in China-based company stocks, following reassuring comments by China President Xi Jinping. The stock had tumbled 24% over the past three months through Friday, while the S&P 500 had slipped 1.2%, amid concerns over a trade war with the U.S. and a slowing economy. Monday's rally comes despite Benchmark analyst Fawne Jiang cutting the price target to $220 from $245, citing concerns that near-term earnings growth could come under pressure. Over the weekend, Xi emphasized support for the private sector, according to reports, and new details on proposed tax cuts were released, helping send the Shanghai Composite up 4.1%. The iShares China Large-Cap ETF , which had closed at a 17-month low on Thursday, ran up 3.0% ahead of Monday's open. Among other U.S.-listed shares of China-based companies, Nio Inc. hiked up 4.5%, iQiyi Inc. rallied 2.8% and JD.com advanced 3.3%.
Market Realist•2 days agoPayPal Surges after Topping Q3 Earnings and Revenue Estimates
On October 18, PayPal (PYPL) posted impressive third-quarter results, exceeding its earnings and revenue estimates. PayPal reported EPS of $0.58, beating Wall Street’s estimate of $0.54 by 7.4%. Its third-quarter earnings per share were in line with the company’s expectations of $0.53–$0.55.
- InvestorPlace•2 days ago
What’s Really Behind the Starbucks Stock Breakout
As my own view of Starbucks (NASDAQ:SBUX) has wavered, Starbucks stock has moved decisively from its June low of under $50 per share toward its 2018 high of $62. There is also hope that the situation with China could settle down, and that would provide the biggest boost of all. Starbucks is committed to China in a way we haven’t seen any U.S. company commit to it in decades — and if you’re buying Starbucks stock for the long term, you’re betting it’s right.
- The Independent•2 days ago
Chinese tech giant Alibaba expands into UK by opening London data centres
China’s Alibaba has opened two data centres in London, bringing its business into the UK for the first time. The e-commerce giant has been working to expand its cloud computing arm in Europe in recent months, and has also opened centres in Frankfurt this year. The London operations will offer 24/7 on-site support, including security and engineering, the group said.
- CNBC•2 days ago
Alibaba opens two data centers in the UK to boost its cloud operations in Europe
Alibaba opened two data centers in the U.K. on Monday, extending its cloud capabilities further in Europe.
