Alibaba plunges after announcing $10.2 billion share placement to fund AI push
Alibaba shares plunged 10% after the tech giant priced a $10.2 billion share placement to fund its growing AI investments.
Last updated: 2026-08-24 05:59:01 ET
Alibaba shares plunged 10% after the tech giant priced a $10.2 billion share placement to fund its growing AI investments.
A 25.6% gain in kickoffs last month followed a plunge in June. Dodge said the trend points to “a disjointed construction market.”
NASA is pivoting from a mission to save the Swift telescope. CBS News' Bill Harwood explains why.
NASA is calling off a mission to save the Swift telescope, which is set to plunge into Earth's atmosphere and burn up later this year. CBS News' space...
A Treasury plan to calm the bond market failed.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
McGee has cited a “bad debt on a London hotel project” after reporting a £2.8m pre-tax loss in its latest annual accounts. The London-based engin...
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