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2 mins read

'Big Short' investor Michael Burry boosts Alibaba, Baidu, and JD.com bets as he doubles down on China

Michael Burry's Scion Asset Management ramped up its bets on three Chinese tech giants but also hed…

Theron Mohamed   


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Prospects of a Trump win and huge tariffs spark worst sell-off for emerging market stocks in 10 months

Emerging markets are set for their worst monthly decline since January as investors price in higher…

Kelly Cloonan   


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'Big Short' investor Michael Burry bet half of his portfolio on Chinese stocks. It's finally starting to pay off.

Michael Burry's Scion Asset Management had about half of its portfolio invested in Chinese tech gia…

Matthew Fox   


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3 mins read

Hedge fund billionaire David Tepper says he's loading up on Chinese stocks after the nation's stimulus bazooka

"Obviously this is incredibly good for very undervalued Chinese equities, especially when the gover…

Matthew Fox   


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3 mins read

Bull run bonanza yields almost ₹1 lakh crore in exits for PE/VC investors

Thanks to the bull run which has also seen the market change its view on new-age companies — the ye…

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2 mins read

Alibaba's stock dropped so much that Jack Ma reversed a plan to sell shares for his other investments

Jack Ma's family office was set to sell 10 million Alibaba shares this week to invest in agricultur…

Huileng Tan   


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Alibaba extends losses to $26 billion in market value after the company announces big reversal of spin-off plans

Alibaba was down for a second day on Friday, deepening losses as plans to spin off its cloud unit w…

Phil Rosen   


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1 min read

Jack Ma sends longest memo to Alibaba employees in 5 years

Reclusive billionaire cofounder Jack Ma has some words of encouragement for Alibaba Group employees.

Jordan Hart   


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1 min read

'Big Short' investor Michael Burry exits Amazon and Alphabet — but boosts Alibaba and bets on Baidu

Michael Burry, known for his huge bet against the mid-2000s housing bubble, sold US tech stocks and…

Theron Mohamed   


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1 min read

Madeline Stone,Avery Hartmans…   


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2 mins read

Alibaba shares surged 16% on hopes that the Chinese tech giant's restructuring means Beijing's tech crackdown is finally ending

The Hong Kong Stock Exchange-listed Alibaba shares closed 12% higher, while shares of its major sha…

Huileng Tan   


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2 mins read

'Big Short' investor Michael Burry reveals new bets on Alibaba, MGM, and JD.com

Burry's Scion Asset Management swapped out all but two of the holdings in its US stock portfolio, a…

Theron Mohamed   


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1 min read

Alibaba stock jumps 10% as the Chinese tech giant begins its biggest reorganization ever and eyes new IPOs

The move to split the company into six independently run entities comes just a day after cofounder …

Phil Rosen   


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Jack Ma's Alibaba climbs after the the billionaire gives up control of Ant Group

Shares of the Chinese e-commerce giant climbed for the sixth consecutive trading session, and have …

Phil Rosen   


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1 min read

Meet the new CEO of Alibaba

The leadership shake-up comes months after Alibaba, which is the third-most valuable company in Chi…

Lina Batarags   


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1 min read

Alibaba says it's launching its own ChatGPT rival as the AI craze sends some stocks soaring

Chinese e-commerce giant Alibaba is testing its own rival to ChatGPT, joining the tech race to tap …

Zinya Salfiti   


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3 mins read

Masayoshi Son made $72 billion betting on Jack Ma's Alibaba. Now he wants to do it again with AI.

More than two decades on from his first bet on Alibaba, SoftBank CEO Masayoshi Son is ready to go a…

Hasan Chowdhury   


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1 min read

Alibaba to make significant job cuts amid IPO plans

Chinese internet giant Alibaba is making significant job cuts, reportedly around 7 per cent of its …

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1 min read

'Big Short' investor Michael Burry reveals bets on Amazon and Alphabet

Michael Burry's Scion Asset Management added a raft of US stocks to its portfolio last quarter, mor…

Theron Mohamed   


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5 mins read

Magnificent 7 stocks aren't setting the market up for another tech bubble

In today's big story, we're looking at why the Magnificent 7's domination of the stock market might…

Dan DeFrancesco