Straits Times Index
3,313.48 +8.49 (+0.26%) Nikkei
38,787.38 -132.88 (-0.34%) Hang Seng
19,553.61 +177.08 (+0.91%) FTSE 100
8,428.09 -10.56 (-0.13%) Bitcoin USD
66,397.50 +325.71 (+0.49%) CMC Crypto 200
1,357.29 -16.56 (-1.20%)
BABA Jan 2025 160.000 put
- Benzinga
Alibaba Boosts E-Commerce Edge with AI, Despite Shrinking Market Share
Alibaba Group Holding Ltd (NYSE:BABA), confronted by a fierce e-commerce market in China, is leveraging artificial intelligence to enhance its competitiveness. On Alibaba’s Taobao platform, shoppers can utilize Wenwen, an AI chatbot, for personalized product recommendations, such as a Sony Group Corp (NYSE:SONY) camera priced at approximately $650, tailored to the user’s specifications, the Nikkei Asia reports. Introduced in 2023, Wenwen is powered by Tongyi Qianwen, or Qwen, a large language mo
- Barrons.com
Alibaba and Other Chinese Stocks Are Rallying. Why It Won’t Last.
While Alibaba and other Chinese names could have more near-term upside, don’t expect continued outperformance, says James Reilly, an analyst at Capital Economics,.
- Zacks
Time for Cloud ETFs on Earnings Strength & Promising Growth?
Thanks to increased adoption and advancements in AI, demand for cloud services remains strong. Megaclouds registered significant growth in cloud revenue in Q1 of 2024.
