Alibaba Prices $1.5 Billion Via Zero-Coupon Bonds To Fund AI, Cloud Push Alibaba announced $1.5B bond offering for AI and cloud expansion, exchangeable for shares of Alibaba Health. Expected to close July 9.
Alibaba's AI And Cloud Moves Have Sparked 28% Stock Rebound Alibaba's stock surged 28% YTD, driven by its e-commerce, cloud, AI, and expansion plans. It is also a tech barometer of China amid US tensions.
iPhone Sales Bounce Back In China, But Huawei And Xiaomi Intensify Pressure China's Q2 2025 smartphone market expected to have significant growth with Huawei and Apple leading. Apple's promotional discounts boosted sales.
Apple’s China iPhone Sales Rebound In Q2, Ending 2-Year Slump Apple’s iPhone sales in China rose 8% in Q2, marking their first increase in two years, aided by promotions and trade-in deals, according to Counterpoint Research.
Novartis’ Blockbuster Drug Fails Late-Stage Trial In Disease Causing Blood Vessel Inflammation, But Retail Turns Bullish Giant cell arteritis (GCA) is the most common form of systemic vasculitis, a group of rare autoimmune diseases characterized by inflammation of blood vessels.
Beauty And The Bear: Michael Burry, Estee Lauder Snub China Both Michael Burry and Estee Lauder have strategically reduced their exposure to China – and Burry doubled his bet on the global beauty giant.
Alibaba Targets $1.5B From Bond Sale Linked To Health Arm: Retail’s Byuoant The bond deal will not accrue interest but has an option to be converted into Alibaba Health shares, cash, or a mix of both.
Polestar Partners With Volvo Cars To Expand Manufacturing Into Europe The Polestar 7 is currently planned to be the second car to be built at the Kosice plant after a yet-to-be-announced Volvo model.
Wix Stock Climbs On Alibaba Tie-Up To Boost Global E-Commerce Aimed At Benefiting Small Merchants The companies announced that additional features, including AI-powered product discovery, automated onboarding, and intelligent product matching, are forthcoming.
What's Going On With Alibaba Stock Today? Wix merchants will gain curated access to Alibaba's supplier network to test new markets and scale efficiently.
Alibaba Cloud Opens Third Malaysia Data Center, Plans Second in Philippines Alibaba expands cloud networks and AI capabilities globally, opening new data centers in Malaysia, Philippines, and South Korea by 2025.
Alibaba Turns Up The Heat On AI With New Image-Video Generation Tools To Take On Google, OpenAI The Chinese tech industry has pushed the pedal on AI, with Alibaba's Qwen models and Baidu's Ernie bot, in a substantial way this year.
China's Ant Group Boosts R&D Spending To Record $3.26 Billion In 2024 Amid AI Push Ant Group disclosed on Monday that it invested a record 23.45 billion yuan ($3.26 billion) in research and development during 2024.
Trump Ends US Trade Discussions With Canada Over Digital Tax President Trump halted trade talks with Canada over its new digital tax, and warned of impending tariffs.
Alibaba Expands Qwen AI Suite In Broader AI Push, But Retail Sentiment Stays Tepid Alibaba’s new Qwen VLo AI model enables real-time text-to-image editing as the company ramps up efforts to rival global AI leaders and deepen its push into generative technology.
Alibaba's AI Model Outperforms Radiologists In Early Gastric Cancer Detection Alibaba showcased an AI model that can detect gastric cancer in early stages by scanning CT images. It outperformed radiologists and was open-sourced.
