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KWEB News3 articles
Alibaba Surges 5% on AI Cloud Deal Report
Alibaba (BABA) rose 5.1% to $122.28 after a report linked its cloud infrastructure to Moonshot AI's chip acquisition, highlighting AI-cloud synergy. The stock is up 9% in five days.
Alibaba Rides AI Cloud Hype But Cash Burn Raises Questions
Alibaba shares jumped 12% on AI cloud optimism and a buyback, but free cash flow and margins remain under pressure. The stock faces key resistance at $111.
NIO Stock Gains on Premium ES9 Sales Lifting June Average Price
NIO Inc. (NYSE:NIO) shares rose 4.8% on Monday as new data revealed its main brand's average transaction price reached 443,000 yuan in June, fueled by increased ES9 deliveries.