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BABA has been in the news 349% more than usual

May 06, 2025, 4:31 PM
-7.30%
What does BABA do
Alibaba Group Holding, based in Hangzhou, Zhejiang, employs 204,891 people and operates in the Broadline Retail industry, providing technology infrastructure and marketing platforms across seven segments. The company went public on September 19, 2014.
BABA has been in the news recently: The ongoing U.S.-China trade dispute is affecting the tech industry, with the Trump administration implementing stricter semiconductor sanctions that could impact companies like Alibaba Group. Additionally, U.S. lawmakers are pushing for the delisting of Chinese firms with military connections, which may include Alibaba and its affiliates.
📡️ Consumer Discretionary
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