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 15:49:53 ET
Alibaba shares plunged 10% after the tech giant priced a $10.2 billion share placement to fund its growing AI investments.
PM Mark Carney says ‘we got attacked’ as tariffs come into force on items from hockey sticks to tongue depressorsDonald Trump has hit back at Cana...
Sales at Walmart’s U.S. stores rose just 2.6% in the latest quarter, while the retailer’s stock plunged more than 9% Thursday, its steepest one-da...
Potential presidential hopeful running for re-election in Georgia intensifies White House feud after remarks about ‘Natalie’ drew ire of president...
The Democratic senator, who is currently running for re-election in Georgia, says Trump ‘has plunged our nation recklessly into a war he knows not h...
The Little League World Series just found itself plunged into a scandal, as a team that advanced to the Little League World Series was accused of chea...
Unlock the AI Macro Analyst to drill down into the data, explore hidden risks, and query the entire market briefing in real-time.
LOG IN / SUBSCRIBE