181.18 +0.72 (0.40%)
Pre-market: 8:00AM EDT
|Bid||181.60 x 1000|
|Ask||181.75 x 900|
|Day's range||180.43 - 184.13|
|52-week range||129.77 - 195.72|
|Beta (3Y monthly)||1.87|
|PE ratio (TTM)||51.60|
|Earnings date||31 Oct 2019 - 4 Nov 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||222.42|
The ongoing crisis in Hong Kong could impact the trade talks between US and Chinese deputies. The US might bring new legislation on the Hong Kong crisis.
“Mustn’t pry” is not a phrase much uttered by Chinese officials. The real surprise is the refusal of Tencent and Alibaba to help. The People’s Bank of China launched credit scoring agency Baihang last year with grand plans to overtake Tencent’s and Alibaba’s platforms.
The Brooklyn Nets have a new owner and a new CEO. Alibaba co-founder Joe Tsai completed his purchase of the team and Barclays Center on Wednesday, then announced that he had hired former Turner Broadcasting President David Levy to oversee both. Tsai's purchase of the Nets was unanimously approved Wednesday by the NBA's board of governors.
Microsoft's (MSFT) IoT initiatives aimed at providing robust tools and platform to developers, and strengthening partner base will aid it in improving overall performance.
Multinational Chinese tech company Baidu has taken proactive steps to counter market uncertainty. It has plans to expand into areas of emerging technology.
After two decades of leading Alibaba (BABA), Chairman Jack Ma stepped down today. Daniel Zhang, Alibaba's current CEO, will serve as the new chairman.
A tearful Jack Ma formally stepped down as Alibaba chairman on Tuesday, donning a guitar and a rock star wig at an event for thousands of employees of the e-commerce giant he founded 20 years ago in a small shared apartment in Hangzhou city in eastern China. During a four hour celebration in an 80,000-capacity stadium, Alibaba's billionaire executive chairman delivered on his promise of a year ago to hand over to CEO Daniel Zhang. Costumed performers, some dancing to dubstep music and dressed in traditional Chinese dress, and singers paid tribute to Ma's reputation for dressing up and performing at big events, entering to a parade of floats representing Alibaba divisions such as shopping site Tmall and payment service Ant Financial.
Jack Ma stepped aside as leader of the Alibaba Group on Tuesday, ending a spectacularly successful 20-year run during which the charismatic former English teacher's e-commerce company left a profound impact on China's economy. Ma, who also turned 55 on Tuesday, said farewell in a speech in the eastern city of Hangzhou where Alibaba is based, thanking employees and predicting a smooth transition to a team of executives led by CEO Daniel Zhang. "Today's is not Jack Ma's retirement.
Mallinckrodt, Uber, Lyft, PG&E and Alibaba are the companies to watch.