Alibaba just had its best day in 10 months. Is it time for China techs to catch up?
Alibaba on Wednesday saw its best single share-price gain in 10 months, as the broader Chinese tech sector revved higher after missing the rally propelling U.S., Korean and Taiwanese companies.
This is a summary. Read the complete story at MarketWatch below.
Read full article at MarketWatchRelated Stories
Feel like a pumpkin-spice burrito? Analysts try to wrap their heads around a possible Starbucks-Chipotle tie-up.
Starbucks investors would likely not be happy about the company adding debt to finance a deal to buy Chipotle, given that it already has a high debt load.
MarketWatch
Micron, Nvidia and AI chip stocks fall as report on OpenAI’s revenue causes ‘undue concern’
OpenAI’s annualized revenue reportedly fell short of expectations — but analysts say that reflects differences in how the figure is reported, not weakness in AI demand.
MarketWatch
Why a longtime skeptic of Palantir’s stock is finally saying it’s time to buy
Palantir’s total addressable market could get a lot bigger, while its business model should sustain its lead against competitors, an analyst says
MarketWatch