
Luckin Coffee (NASDAQ: LK) shares sank 94% after the company received a delisting notice from the NASDAQ.
Now, several other Chinese companies could be delisted as well. Alibaba (NYSE: BABA) is among them.
By , Money Morning -
Luckin Coffee (NASDAQ: LK) shares sank 94% after the company received a delisting notice from the NASDAQ.
Now, several other Chinese companies could be delisted as well. Alibaba (NYSE: BABA) is among them.
By , Money Morning -
Luckin Coffee (NASDAQ: LK) shares sank 94% after the company received a delisting notice from the NASDAQ.
Now, several other Chinese companies could be delisted as well. Alibaba (NYSE: BABA) is among them.
By Alexander Bird, Associate Editor, Money Morning -
Last Sunday (Nov. 11), Chinese retail juggernaut Alibaba Group Ltd. (NYSE: BABA) held its tenth annual Singles Day sale, a 24-hour sale commemorating China's Singles Day holiday.
While Alibaba's previous Singles Day sales are legendary for their staggering profit, this year's sale blew past records out of the water.
By Alexander Bird, Associate Editor, Money Morning -
On Sept. 8, Alibaba Group Holding Ltd. (NASDAQ: BABA) Jack Ma announced that he would step down as the Chinese retailer's executive chair next September.
Wall Street did not take the news lightly.
Alibaba's stock dropped 5% after Mr. Ma's announcement, pushing shares to a year low and fostering rampant speculation about the future of the company.
By Casey Wilson, Associate Editor, Money Morning -
We call him Bill Patalon - the markets call him "the World's Greatest Stock Picker."
He's shown his paid-up subscribers more than 217 chances to double and triple their money since he started publishing Private Briefing in 2011. Some of the peak gains have hit as high as 1,000%.
But even that performance pales in comparison to what Bill's found here: one company so perfectly positioned around the world and so expertly run that it's very likely the one and only stock you ever need to own.
That's a bold claim. And plenty of Wall Street analysts are bullish on this stock, but a look at Bill's "back of the envelope" math shows that crowd might be way too conservative.
Even when we're "with" the crowd, we're way out in front.
By Money Morning News Team, Money Morning -
After the Trump administration threatened to impose tariffs on Chinese goods, Alibaba Group Holding Ltd.'s stock fell over 18% between January and May 2018.
With the White House targeting Chinese companies, many investors are wondering if Alibaba stock is still a strong buy.
The truth is that Washington's red tape can't outweigh the outstanding potential for growth that undergirds Alibaba stock.
In fact, we expect investors in Alibaba stock to benefit from soaring revenue and earnings.
By Jack Delaney, Sr. Cannabis Editor, Money Morning -
Alibaba (BABA) is one of the best stocks to buy for long-term gains.
But we have a secret play on BABA that could yield a 70% return.
Here's everything you need to know...
By Stephen Mack, Associate Editor, Money Morning -
Amazon had a great year in 2017, but the so-called "Amazon of China" did even better.
In fact, this online retailer is an innovative powerhouse in its own right.
Find out why it could be the bigger moneymaker for investors in the years ahead.
By Money Morning Staff Reports, Money Morning -
Amazon.com Inc. may no longer be the top e-commerce company in the world.
Money Morning Executive Editor William Patalon says China's largest retailer, Alibaba Group Holding Ltd. (NYSE: BABA), is fast becoming the global e-commerce king.
And now he's making an even bolder forecast since he first recommended the stock...
By Jack Delaney, Sr. Cannabis Editor, Money Morning -
The BABA earnings report for Q3 2017 will happen before the opening bell on Jan. 24.
Every earnings report is important.
And here are the five most important things we are watching in Alibaba's latest earnings report...
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
Alibaba stock is down another 2.9% this week after a report from Barron's indicated the e-commerce stock could fall another 50%.
Alibaba Group Holding Ltd. (NYSE: BABA) shares hit a high of $120 in the two months following the company's September 2014 IPO. But Barron's issued an Alibaba stock price prediction that sees BABA slipping from its current price near $63 all the way down to nearly $30 per share.
But according to Money Morning experts, the Barron's article got it wrong.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
Alibaba stock was dealt another huge blow this weekend when Barron's wrote a report saying the Chinese e-commerce company's stock could drop another 50%.
Alibaba Group Holding Ltd. (NYSE: BABA) was down another 3.2% in afternoon trading following the report. Alibaba stock is now down nearly 40% this year to $62.50.
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke -
Chinese billionaire Jack Ma just shelled out $23 million for a property in New York's Adirondacks that was once owned by William A. Rockefeller, Jr.
But that's no dent in Ma's overstuffed wallet. The co-founder and acting chairman of Alibaba is both the richest man in China and the 18th richest in the world.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
Alibaba Group Holding Ltd. (NYSE: BABA) stock opened up 11% today (Thursday) at $88.78 after a stellar earnings report.
Alibaba officials reported earnings per share (EPS) of $0.48 on revenue of $2.81 billion. Analysts had expected EPS of $0.42 and $2.77 billion in revenue. The revenue figure was 45% higher than last year.
By Money Morning Member Alert, Money Morning -
Alibaba announced early yesterday that it would invest $200 million in private photo messaging firm Snapchat. Estimates have the infusion of Alibaba Group Holding Ltd (NYSE: BABA) capital boosting the overall valuation of Snapchat to $15 billion.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
The Alibaba Group Holding Ltd. (NYSE: BABA) stock price hit its lowest level since its IPO this week when shares fell to $80.03 Tuesday afternoon.
That's 14.8% from Alibaba's first-day closing price of $93.89. It's 33.3% from BABA's high of $120 hit on Nov. 10.