Alibaba Group Holding Ltd

Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022.NioCheck out the companies making headlines in midday trading.Marathon Oil, Diamondback Energy — Energy stocks rose along with oil prices after an agreement from European Union leaders to ban most crude imports from Russia stoked inflation fears. Shares of Marathon Oil jumped more than 4%, and shares of Diamondback Energy gained 1.9%.Alibaba, JD, Baidu — A slew of Chinese stocks listed in the U.S. rallied after the country's Covid-19…

PLBY Group Inc: "This company's losing money. ... I don't want to touch money losers."DraftKings Holdings Inc: "I know if California and Florida come on, you're going to say why not buy it at $14, but there's a lot of capacity in that industry."Cloudflare Inc: "The business is very good. ... I am fine with Cloudflare." PLBY Group Inc: "This company's losing money. ... I don't want to touch money losers."DraftKings Holdings Inc: "I know if California and Florida come on, you're going to say why not buy it at $14, but…

Singapore, Singapore - 2021: A large Shopee logo at the entrance to the e-commerce platform's headquarters at Science Park. (Exact photography date unknown due to incorrect camera settings)Kokkai | Istock Unreleased | Getty ImagesShares of Southeast Asia's e-commerce and gaming firm Sea Group popped after its first-quarter revenue beat analysts' expectations on Tuesday.Sea's U.S.-listed shares rose 14% to close at $80.21 after the of Singapore-based internet firm reported revenue that exceeded analysts' expectations in…

China has shown signs of easing its crackdown on the technology sector which has wiped billions of dollars of value from its most prominent companies.But analysts said Beijing's recent positive rhetoric should not be mistaken for a reversal of policy."I think the big tech companies will have a grace period for maybe the next six months," Linghao Bao, tech analyst at Trivium China, told CNBC's "Squawk Box Europe" on Tuesday."However, this is a really not a U-turn on the tech crackdown, the long-term outlook hasn't changed…

This photo from September 25, 2020 shows Jack Ma, founder of Alibaba Group, attending the opening ceremony of the 3rd All-China Young Entrepreneurs Summit in Fuzhou, Fujian Province of China. Alibaba is among the Chinese technology stocks recently upgraded by JPMorgan analysts.Lyu Ming | China News Service via Getty ImagesJPMorgan has upgraded Chinese tech stocks on the back of diminished risks, just two months after calling the sector "uninvestable."Analysts at the U.S. investment have raised the ratings for the stocks…

During a recent earnings presentation, SoftBank Founder Masayoshi Son (pictured here in 2019) said the company will go into "defense" mode as a result of myriad headwinds that have roiled global markets.Tomohiro Ohsumi | Getty ImagesJapanese conglomerate SoftBank Group may for the first time spend more on share buybacks than investments through its landmark Vision Fund as the firm goes into "defense" mode, according to CLSA's Oliver Matthew.SoftBank on Thursday posted a record $27 billion loss in its Vision Fund as tech…

SoftBank Founder Masayoshi Son said there is "confusion in the world" and in the markets due to a number of factors including Russia's invasion of Ukraine, high inflation and central bank moves to raise interest rates. These factors have contributed to a record annual loss at SoftBank's Vision Fund.Kentaro Takahashi | Bloomberg | Getty ImagesSoftBank on Thursday reported a record loss at its Vision Fund investment unit, as technology stocks have been hammered by rising interest rates and Beijing's regulatory crackdown has…

Thomas Kurian, chief executive officer of cloud services at Google LLC, speaks during the Google Cloud Next event in San Francisco on April 9, 2019.Michael Short | Bloomberg | Getty ImagesGoogle's cloud unit is forming a team to build services for developers running blockchain applications as the company tries to capitalize on the surging popularity of crypto and related projects.Amit Zavery, a vice president at Google Cloud, told employees in an email Friday that the idea is to make the Google Cloud Platform the first…

Nio is planning to list its shares in Singapore. This would be the Chinese electric carmaker's third listing location, following its IPO in New York and a secondary listing in Hong Kong.Costfoto | Future Publishing | Getty ImagesChinese electric carmaker Nio said Friday that it's planning a secondary share listing in Singapore.Nio, which is listed on the New York Stock Exchange, also carried out a secondary listing in Hong Kong in March. Singapore would be the third exchange that Nio's shares are trading on.The move comes…