Jack Ma

Once rejected by Kentucky Fried Chicken and dozens of other employers, Alibaba Group (NYSE:BABA) founder Jack Ma has risen to become wealthier than the fast-food giant's parent company, Yum! Brands (NYSE:YUM). Early Failures That Shaped a Billionaire Ma, born in 1964 in Hangzhou, China, faced...

Alibaba Group Holding Ltd's (NYSE:BABA) (NYSE:BABAF) AI breakout isn't just powering an 80% year-to-date rally — it's rewriting one billionaire's P&L in real time. As Qwen stormed past 10 million downloads in its first week, igniting a sharp rerating in China tech, billionaire David Tepper's...

Chinese e-commerce giant Alibaba Group Holding (NYSE:BABA) could highlight the growth of its AI products and new initiatives when it reports second-quarter financial results on Tuesday before the market opens. Here are the earnings estimates, what analysts are saying and key items to watch....

On Wednesday, Cathie Wood-led Ark Invest executed significant trades involving Circle Internet Group Inc. (NYSE:CRCL), Alibaba Group Holding Ltd. (NYSE:BABA), and Tesla Inc. (NASDAQ:TSLA). These trades reflect Ark’s strategic positioning in the market, with notable buys in Circle and Alibaba...

On Monday, Cathie Wood-led Ark Invest made significant trades, notably increasing its stake in DoorDash Inc. (NASDAQ:DASH), Alibaba Group Holding Ltd. (NYSE:BABA) , while reducing its position in Brera Holdings PLC (NASDAQ:BREA) and Rocket Lab Corp. (NASDAQ:RKLB). The DoorDash Trade Ark Invest made...

On Tuesday, Cathie Wood-led Ark Invest made significant trades involving Baidu Inc. (NASDAQ:BIDU), Alibaba Group Holding Ltd. (NYSE:BABA), and Brera Holdings PLC (NASDAQ:BREA). The Baidu Trade ARK Innovation ETF (BATS:ARKK) purchased 52,388 shares of Baidu. The trade, valued at approximately $6.9...

Nvidia Corp‘s (NASDAQ:NVDA) China dream is unraveling fast. Just as the company thought it had a workaround for U.S. export limits, Beijing slapped down its custom AI chips and opened an antitrust probe, turning one of its most strategic markets into a geopolitical minefield. Investors now...

Jack Ma-backed Yunfeng Financial Group has invested $44 million in Ethereum (CRYPTO: ETH) as part of its strategic reserve assets, according to an exchange filing Tuesday. Yunfeng Invests in Ethereum Infrastructure The Hong Kong-listed company acquired 10,000 ETH tokens to support real-world asset...

Alibaba Group Holding Ltd (NYSE:BABA) (NYSE:BABAF) is strapping on its comeback story—literally. The Hangzhou, China-based tech giant has unveiled its first-ever AI-powered smart glasses, betting $52.4 billion on AI and cloud growth to reboot its image and revenues. Track BABA stock’s swings...

Ant Group, the Chinese fintech powerhouse backed by Jack Ma, is reportedly planning to integrate Circle's USDC (CRYPTO: USDC) stablecoin into its global blockchain platform. Quoting people familiar with the matter, Bloomberg reported on Thursday that the move is contingent on USDC achieving full...

Jack Ma, the billionaire founder of Alibaba Group Holdings (NYSE:BABA), once offered a heartfelt roadmap for life, urging young people to embrace mistakes and older professionals to pass the torch. What Happened: In a candid talk, Ma outlined how people should approach their careers based on age,...

Alibaba Group Holding‘s (NYSE:BABA) Chairman, Joe Tsai, has announced that the tech giant plans to integrate artificial intelligence (AI) into its operations within the next three to five years. What Happened: Tsai unveiled Alibaba Group Holding (NYSE:BABA)’s future AI-driven strategy...

After a remarkable rally on Wednesday, Wall Street experienced a sharp decline on Thursday. Investors were cautious as they assessed the implications of President Donald Trump’s 90-day tariff pause amidst ongoing economic uncertainties. The S&P 500 fell by 3.5% to 5,268.05, while the...

After Palo Alto Networks Inc.’s (NASDAQ:PANW) management expressed its opinions about being open to using more affordable, open-source artificial intelligence models, this analyst has warned that the demand for AI hardware could be a larger problem going ahead. What Happened: Palo Alto’...

As CoreWeave Inc. (NASDAQ:CRWV) closed at its exact initial public offering price of $40 apiece on Friday, this analyst highlights the challenges for the “tough” IPO, stemming from several reasons, including the reduction in artificial intelligence spending by companies in 2025. What...