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'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
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
'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
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
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…
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
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
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
'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
Jack Ma, the founder of Alibaba, is back in the public eye after a hiatus. Here's how the Alibaba and Ant Group founder got started and amassed a huge fortune.
While Ma has had a challenging few years, adversity is nothing new to him. He grew up poor in commu…
Madeline Stone,Avery Hartmans…
'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
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
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
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
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
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
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 …
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
'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
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…