Alibaba Group Holding Ltd

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• DJ These Stocks Are Moving the Most Today: Applied Materials, Palantir, Tesla, Moderna, Super Micro, Alibaba, Bloom Energy, and More -- Barrons.com, from 33 minutes ago by Dow Jones

  33 minutes ago by Dow Jones
  Companies Mentioned: PFE, TSLA, AMAT, BE, MRNA, PLTR, BABA
  
  By Joe Woelfel
  
  Stocks fell Friday as Wall Street dialed back expectations for interest-rate cuts after Federal Reserve Chairman Jerome Powell said the central bank wasn't in a hurry to reduce rates. The S&P 500 was on track for its worst week since early September.
  

• DJ Alibaba Sees Growth from Additional Econ Stimulus Packages -- Market Talk, from 1 hour ago by Dow Jones

  1 hour ago by Dow Jones
  Companies Mentioned: BABA
  
  1357 ET - Alibaba is seeing growth from several economic stimulus packages, and expects more stimulus measures to come, CEO Eddie Wu says on a call with analysts. The e-commerce giant has already seen a boost to its performance across categories such as home appliance and automobile purchases. Wu thinks "the stimulus measures are really just getting started," and believes they will have a positive impact on driving consumption overall. These policies will also help reduce merchant destocking cycles and have a medium-to long-term effect in terms of driving the consumption of branded goods, the executive adds. (sabela.ojea@wsj.com; @sabelaojeaguix)
  

• Sector Update: Tech Stocks Slide Friday Afternoon, from 1 hour ago by MT Newswires

  1 hour ago by MT Newswires
  Companies Mentioned: AMAT, META, BABA
  01:45 PM EST, 11/15/2024 (MT Newswires) -- Tech stocks fell Friday afternoon with the Technology Select Sector SPDR Fund (XLK) declining 2.6% and the SPDR S&P Semiconductor ETF (XSD) dropping 3.1%. The Philadelphia Semiconductor index slumped 3.4%. ...

• DJ Alibaba Saw Growth in Transactions During Single's Day -- Market Talk, from 1 hour ago by Dow Jones

  1 hour ago by Dow Jones
  Companies Mentioned: BABA
  
  1307 ET - Alibaba Group expects its long campaign for Single's day in China, which went all the way back to October, to pay off. The e-commerce giant ended the biggest shopping day in China on Nov. 11 with Taobao and Tmall achieving "relatively robust general merchandise value growth", CEO Eddie Wu says on a call with analysts. "I would say that the results that merchants achieved based on what we discussed with them going into the campaign in terms of their expectations, and then the feedback we got from them after the campaign is that results exceeded their expectations," Wu says. The company expects user growth and retention to subsequently bring more consumption upside in the future, Wu adds. American depositary shares fall 2.6% to $88.23. (sabela.ojea@wsj.com; @sabelaojeaguix)
  

• DJ These Stocks Are Moving the Most Today: Applied Materials, Palantir, Tesla, Moderna, Super Micro, Alibaba, Bloom Energy, and More -- Barrons.com, from 2 hours ago by Dow Jones

  2 hours ago by Dow Jones
  Companies Mentioned: PFE, TSLA, AMAT, BE, MRNA, PLTR, BABA
  
  By Joe Woelfel
  
  Stocks fell Friday as Wall Street dialed back expectations for interest-rate cuts after Federal Reserve Chairman Jerome Powell said the central bank wasn't in a hurry to reduce rates. The S&P 500 was on track for its worst week since early September.