Many large retailers in the United States reported Q1 earnings this week. How will the earnings of retailers like Home Depot and Walmart serve as a bellwether for the current financial landscape? Yahoo Finance has you covered: highlighting the recent Earnings reports of Q1 2024.
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
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,.