Alibaba Group Holding LimitedNYSE: BABA

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It's not just Chinese companies that will be eagerly awaiting an announcement on stimulus.

HANGZHOU, China--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba” or “Alibaba Group”) today announced that it will report its unaudited financial results for the quarter ended September 30, 2024 before the U.S. market opens on Friday, November 15, 2024, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (8:30 p.m. Hong Kong Time) the same day. All participants must pre-register.

The world's biggest shopping event is coming to America. Not Black Friday.

Casey's, PetMed, Alibaba and Deckers Outdoor are four retail stocks that should do well in the coming months as the Fed finally initiates rate cuts.

The shares have sprung back to life thanks to China's new stimulus programs—and Alibaba's AI ventures. They stand to gain as much as 48%.

Through its new initiative, AliExpressDirect, the e-commerce platform will enable local businesses to access its unique and growing customer base LOS ANGELES , Oct. 30, 2024 /PRNewswire/ -- AliExpress, an international online retail marketplace under Alibaba International Digital Commerce Group, today announced it is welcoming U.S.-based retailers to the platform through its AliExpressDirect initiative. AliExpressDirect aims to support homegrown businesses by enabling them to reach AliExpress' unique, diverse, and growing customer base.

Chinese fund manager Zhang Kun invested in Alibaba Group Holding BABA in the third quarter, making it the second-largest holding in his $8.5 billion portfolio, as leading tech and consumer stocks attract interest after years of underperformance.

China's Alibaba said on Friday it had agreed to pay $433.5 million to settle a U.S. class-action lawsuit filed by investors alleging monopolistic practices by the e-commerce giant.