Shares of Chinese stocks such as Alibaba ( BABA 1.42%) and China-exposed stocks Estee Lauder ( EL 2.72%) and Nike ( NKE 0.64%) rallied on Monday, up 6.2%, 5.2%, and 2.9%, respectively, as of 2:20 p.m.
Alibaba (BABA) shares soared 6.2% in the last trading session to close at $102.74. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares ...
Alibaba's long-term AI investments ... The company also continued to witness growth in revenue from AI-related products which registered a triple-digit growth rate for the fifth consecutive ...
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