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Alibaba's AI surge triggers $50 bn rally

Financial Express Bengaluru

|

September 02, 2025

ALIBABA GROUP HOLDING Ltd.'s stock leapt more than 19% after reporting a surge in revenue from AI, underscoring the steady headway it's making against rivals in a post-DeepSeek Chinese development frenzy.

- WINNIE HSU AND LUZ DING

China's e-commerce leader posted a triple-digit percentage gain in AI-related product revenue as well as a better-than-anticipated 26% jump in sales from the cloud division—the business most closely tied to the artificial intelligence boom.

That helped assuage investors nervous about the fallout from a worsening battle with Meituan and JD.com Inc. in internet commerce. Alibaba's shares gained their most intraday since November 2022 in Hong Kong, boosting the company's market value by more than $50 billion.

Financial Express Bengaluru से और कहानियाँ

Financial Express Bengaluru

Corporate leaders hail Bengal’s biz climate, pledge huge investments

TOP INDUSTRY LEADERS on Thursday lauded the Mamata Banerjee-led West Bengal government for maintaining a “favourable” business climate, as several companies announced expansion and fresh investment plans during a conclave here.

time to read

1 min

December 19, 2025

Financial Express Bengaluru

More pressure likely for GIC Re

THE REDUCTION IN capital requirements for foreign reinsurance branches (FRBs) under the latest Insurance Amendment Bill is expected to attract more overseas players into the ₹98,000-crore domestic reinsurance market.

time to read

1 mins

December 19, 2025

Financial Express Bengaluru

Oman FTA to boost capital flow

TRADE EXPERTS SAID the significance of the deal is more than what the current trade suggests, as it would help strengthen New Delhi’s economic and geopolitical presence at the mouth of the Gulf.

time to read

2 mins

December 19, 2025

Financial Express Bengaluru

Securities market Bill in LS

UNDERTHE BILL, the strength of the Sebi board will increase from nine to 15 members. The Code also provides a framework for inter-regulatory coordina- tion, including for the listing of non-traditional securities, and introduces regulatory sand- boxes to facilitate innovation in financial products, contracts and services. In addition, Sebi will be mandated to follow a transparent and consultative process while issuing subordi- nate legislation, conduct peri- odic reviews of regulations, and carry out regulatory impact assessments.

time to read

2 mins

December 19, 2025

Financial Express Bengaluru

Ola founder sells another 28.3 million shares; stock hits new low

OLA ELECTRIC FOUNDER

time to read

1 min

December 19, 2025

Financial Express Bengaluru

Oman FTA to facilitate easier flow of capital, professionals

ALMOST ALL EXPORTS from India to Oman will be at zero duty after the trade agreement signed on Thursday between the two countries comes into force by March, with farm goods, textiles, engineering, electronics, chemicals and auto sectors among the major beneficiaries.

time to read

1 min

December 19, 2025

Financial Express Bengaluru

Firms can have 50% of Indian staff in Oman

BIZ VISITORS PERMITTED TO STAY UPTO 90 DAYS

time to read

1 mins

December 19, 2025

Financial Express Bengaluru

ECB registrations at two-year low

ACTIVITY SLOWS

time to read

1 mins

December 19, 2025

Financial Express Bengaluru

AMC stocks rise on higher cap for brokerage fees

HAILING SEBI MOVE

time to read

2 mins

December 19, 2025

Financial Express Bengaluru

Investor wealth growth in 2025 slowest in seven years

AFTER BACK-TO-BACK GAINS

time to read

1 min

December 19, 2025

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