Exchange: NASDAQ·Updated 07:30 PM EDT
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BIDU's GPU Cloud Revenue Soars 283% In Q2 — CEO Says AI Business Is Now 'Firmly Established As The Core'
Baidu’s AI Cloud Infrastructure revenue rose 50% year-on-year to RMB7.3 billion in the second quarter, driven by “mounting demand for public cloud-based AI computing,” the company said.
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BABA Stock Gains Ground: Alibaba Reportedly Sells Gaming Unit For $1.5B As Qwen Fuels Bigger AI Push
The move comes as Alibaba's Qwen models surpass 3 billion downloads, putting its open-source AI push in competition with U.S. players including Google and Meta.
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Why Is BABA Stock Rising In Overnight Trading?
A U.S. court temporarily eased Pentagon-related restrictions on Alibaba, and the company tightened AI security.
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BABA Stock Slides: Alibaba Reportedly Sues Pentagon Over China Military-Linked Blacklist
Investors worry that geopolitical risks may lead to contract restrictions for the Chinese tech giant.
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BABA Stock Slides Premarket: Alibaba's New AI Push Into Robotics Fails To Lift Retail Mood
Alibaba’s announcement places it among a growing list of companies seeking leadership positions in next-generation AI technologies.
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Michael Burry Boosts Alibaba Stake, Calls It China's 'Most Advanced' AI Company — BABA Stock Still Stuck In The Mud
Michael Burry increased his Alibaba stake at $111.90, citing its AI leadership and buybacks.
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BABA Stock Heads For Fifth Week Of Loss: Alibaba Reportedly Makes $1.5B Play For Pupu Amid China Regulatory Scrutiny
Stock is facing pressure from regulatory scrutiny, intense e-commerce competition, and heavy AI spending.
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Alibaba Opens Qwen To Brands – Aims To Build AI-Powered Commerce Network
Alibaba is expanding its Qwen AI platform to let businesses offer ordering and payments inside chat.
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Iran War Fails to Dampen China Q1 Industrial Profit Jump: ETFs at Play
China's industrial profit surge puts the spotlight on ETFs like CQQQ as deflation ends and high-tech growth drives resilience amid global turmoil.
Zacks
Why Is ADAG Stock Tanking Today?
Adagene priced the public offering of its American depository shares at $3.75 per ADS, representing a discount of nearly 19% from ADAG’s closing price on Wednesday.
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