- Alibaba Group Holding Ltd. ADR advanced 1.18 % to $108.54 on Thursday, underperforming the broader market during a positive trading session.
- The stock closed 43.67 % below its 52-week high of $192.67 reached on October 2nd, while showing mixed performance compared to competitors.
- Trading volume reached 8.2 million, remaining 3.4 million below its 50-day average volume of 11.6 million.
- MarketBeat's stock screener has identified Amazon.com, Costco Wholesale, Walmart, TJX Companies, MercadoLibre, Home Depot, and Alibaba Group as the 7 retail stocks to watch.
- These publicly traded retail companies recorded the highest dollar trading volume within the last several days.
- Retail stock performance is generally influenced by consumer spending, economic conditions, seasonal sales, competition, and shifting shopping habits.
- Goldman Sachs maintained a Buy rating on Alibaba while lowering its price target to $ 177 due to equity raising dilution.
- The firm raised its cloud growth estimates to 53 % for the September quarter and 55 % for December and March 2027, driven by strong AI and cloud demand.
- Goldman Sachs expects earnings growth to improve from the September quarter and quick-commerce to reach profitability by FY29.
- Alibaba Group Holding Ltd. ADR fell 1.89 % to $107.27 on Wednesday amidst a general market decline.
- The stock closed 44.32 % below its 52-week high of $192.67 reached on October 2nd.
- Trading volume reached 6.5 M, staying 5.1 M below its 50-day average of 11.6 M.
- MiniMax Group, Inc. held an extraordinary general meeting on 15 September 2026, where shareholders approved all proposed resolutions via poll voting.
- The approved measures include supplemental agreements and annual transaction cap revisions for 2026–2028 with Alibaba Cloud Computing Ltd.
- Shareholders also granted general mandates for share issuance and repurchases to enhance capital flexibility and balance sheet management.
- Trip.com and Lennar are set to release their financial earnings reports this week to reflect trends in tourism and new housing demand.
- The Federal Reserve will hold its September FOMC meeting to release the rate decision and dot plot, while multiple global economic data releases are scheduled.
- Middle East tensions pushed Brent crude over $100 per barrel, and Nvidia is reportedly considering investing up to $ 10 billion in Anthropic's IPO.
- Alibaba-W dropped 1.92 % to 107.5 HKD this week, outperforming the Hang Seng Index by 0.47 percentage points despite thin trading volume.
- Institutional sentiment remained largely positive, with 20 out of 28 covering firms giving a buy rating and an average target price of 176.03 HKD.
- Key developments included corporate focuses on AI cloud and open-source technologies, alongside upcoming macroeconomic data releases in Hong Kong.
- MarketBeat's stock screener has identified 7 infrastructure stocks to watch based on high dollar trading volume over the past several days.
- The highlighted companies include Marvell Technology, Coinbase Global, Vertiv, Nokia, International Business Machines, Alibaba Group, and Equinix.
- These firms operate across essential sectors such as data infrastructure, digital assets, and communications networks, offering potential long-term demand for investors.
- Anthropic reported that China-based AI labs, including Alibaba, Moonshot, and DeepSeek, engaged in unauthorized model distillation using Claude.
- Alibaba conducted the largest campaign with over 151 million exchanges, while Moonshot and DeepSeek silently routed customer requests to Claude for training data.
- The unauthorized activities involved sensitive user data and violated terms of service, prompting Anthropic to disrupt these operations between May and July 2026.