Future Tech
Alibaba shares set to open down 3% after outgoing CEO quits cloud unit
HONG KONG The Hong Kong-listed shares of China's Alibaba Group were set to open down 3.1% on Monday after the surprise departure of outgoing Alibaba CEO Daniel Zhang from the company's cloud business.
The unit is China's largest cloud provider and is set to be spun off from Alibaba as part of the group's restructuring.
Alibaba's stock was set to open at HK$87.95.
- Reuters
More articles on Future Tech
Legal eagles target Intel for class action over cooked Raptor Lake CPUs
Created by Tan KW | Aug 02, 2024
Bring the hammer down on Nvidia, US progressive and antitrust orgs urge the Feds
Created by Tan KW | Aug 02, 2024
Too late now for canary updates, says pension fund suing CrowdStrike
Created by Tan KW | Aug 02, 2024
Is AI going to pay its way? Wall Street wants tech world to show it the money
Created by Tan KW | Aug 02, 2024
FBI, CISA remind US voters that DDoS attacks can't touch election systems
Created by Tan KW | Aug 02, 2024
India's Ola Electric IPO attracts $2 billion of bids from big institutions, source says
Created by Tan KW | Aug 02, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
Stock Pick Contest Year 2024
2
3
4
save malaysia!
5
6
save malaysia!
7
https://dividendguy67.blogspot.com
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
