
Cisco's Weak Forecast, Alibaba Stops Cloud Unit Spinoff | Bloomberg Technology
Bloomberg's Caroline Hyde and Ed Ludlow break down results from Cisco as the largest maker of computer networking equipment tumbles after earnings. Plus, Alibaba abruptly ends the planned spinoff o...

Alibaba Jettisons Cloud Spin-Off Amid Focus on AI
Chinese tech giant Alibaba says it will not spin off its cloud intelligence business. The decision, announced Thursday (Nov. 16) along with the company's quarterly earnings, is apparently the resul...

Alibaba shelves cloud unit spinoff as U.S. chip export ban lingers
CNBC's Deirdre Bosa reports on news from Alibaba.

Alibaba ADRs Plunge After It Calls Off Cloud Spinoff Amid US Chip Restrictions
American depositary receipts (ADRs) of Alibaba Group Holdings (BABA) tumbled over 9% in early trading Thursday as the Chinese e-commerce giant said that it was canceling its plan to spin off its cl...

What Walmart, Alibaba declines tell about US, China consumer
Walmart (WMT) and Alibaba (BABA) are seeing noticeable drop-offs in their stocks on Thursday. Yahoo Finance Markets Reporter Jared Blikre analyzes what this data can help infer about American and C...

Investors unimpressed by Biden-Xi meeting sending Chinese stocks lower
Chinese stocks traded lower after a highly anticipated meeting between United States President Joe Biden and Chinese President Xi Jinping yielded limited progress on key issues between the world's ...

Alibaba decides not to spin out Cloud Intelligence Group
Alibaba Group (NYSE:BABA) has decided not to spin off its cloud computing unit, Cloud Intelligence Group, due to US export restrictions on advanced computing chips. Alibaba is also postponing its ...

Alibaba cancels cloud service spinoff over US chip restrictions
Chinese e-commerce giant Alibaba said Thursday it was cancelling a planned cloud service spinoff announced this year over US chip restrictions, as it reported results for the third quarter of 2023 ...

Alibaba shares plunge amid Jack Ma's $871M sale plan
Alibaba (NYSE: BABA) shares declined by 9% in Thursday's session following the disclosure that Jack Ma's family trust, the company's founder, intends to sell 10 million US-listed shares.

BABA Stock Alert: Alibaba Cancels Cloud Unit Spinoff
Alibaba (NYSE: BABA ) stock is the top-trending company on Yahoo Finance today after it canceled the spinoff of its cloud unit. The Chinese e-commerce giant made the decision because it's worried a...

Alibaba's Spinoff Plans Fall to Earth
New York shares of the Chinese e-commerce giant were down premarket after it said it would abandon its cloud segment spinoff plan.

Alibaba pulls cloud spin-off as restructuring hopes splutter
Alibaba Group (NYSE:BABA) has pulled plans to spin off its cloud business, and paused proposals to list its supermarket unit, throwing in doubt its restructuring plans. The Chinese e-commerce gian...

Alibaba shares slide 5% after it disappoints on profit, curbs cloud spinoff
E-commerce giant Alibaba reported quarterly profit that missed expectations, and said it would not proceed with the full spin-off of its cloud intelligence group.

China ADRs trade lower ahead of Alibaba results
Chinese ADRs were mostly lower in premarket trade ahead of Alibaba's results, and after a meeting between U.S. President Joe Biden and China President Xi Jinping didn't result in new agreements on ...

Alibaba Stock Rallied Ahead of Earnings. Here's What Investors Are Betting On.
The latest results from JD.com were strong, likely creating optimism about Alibaba's earnings.
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