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Sector Update: Consumer Stocks Drifting Away from Earlier Highs
3:50PM ET 9/30/2020 MT Newswires

03:50 PM EDT, 09/30/2020 (MT Newswires) -- Consumer stocks were mostly higher heading into Wednesday's close, with the SPDR Consumer Staples Select Sector ETF climbing 0.8% this afternoon while the...

Sector Update: Consumer Stocks Stretching Out Wednesday Gains
1:39PM ET 9/30/2020 MT Newswires

01:39 PM EDT, 09/30/2020 (MT Newswires) -- Consumer stocks were extending their Wednesday advance, with the SPDR Consumer Staples Select Sector ETF climbing 1.5% while the SPDR Consumer...

--Analyst Actions: Truist Securities Adjusts Price Target on Alibaba Group to $308 From $285, Maintains Buy
12:00PM ET 9/30/2020 MT Newswires

12:00 PM EDT, 09/30/2020 (MT Newswires) -- (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may...

Analyst Actions: Baird Adjusts Alibaba PT to $325 From $275, Maintains Outperform Rating
11:43AM ET 9/30/2020 MT Newswires

11:43 AM EDT, 09/30/2020 (MT Newswires) -- Alibaba Group Holding (BABA) has an average rating of Buy and price targets ranging from $259 to $403, according to analysts polled by Capital IQ. (MT...

Benchmark Maintains Buy on Alibaba Group Holding, Raises Price Target to $355
11:14AM ET 9/30/2020 Benzinga

Benchmark analyst Fawne Jiang maintains Alibaba Group Holding (NYSE:BABA) with a Buy and raises the price target from $290...

Thinking about trading options or stock in Alibaba, Cardiff Oncology, Penn National Gaming, Facebook, or Target?
9:31AM ET 9/30/2020 PRNewswire

NEW YORK, Sept. 30, 2020 /PRNewswire/  InvestorsObserver issues critical PriceWatch Alerts for BABA, CRDF, PENN, FB, and TGT.

Alibaba Expects Cloud Computing Business to Turn a Profit in Fiscal 2021
7:19AM ET 9/30/2020 MT Newswires

07:19 AM EDT, 09/30/2020 (MT Newswires) -- Alibaba (BABA) said that it expects its cloud service business to turn a profit in fiscal 2021 amid a shift toward online retailing and live streaming. At...

Hong Kong Hang Seng Gains 0.8% as Property Shares Rise, Chinese Manufacturing, Services Activity Expands
6:54AM ET 9/30/2020 MT Newswires

06:54 AM EDT, 09/30/2020 (MT Newswires) -- The Hong Kong Hang Seng Index on Wednesday climbed by 0.8%, supported by property stocks after mainland developer China Evergrande (3333:HK) secured...

Alibaba Sees Cloud Business Finally Turning Profitable This Year
4:51AM ET 9/30/2020 Benzinga

Maggie Wu – the Chief Financial Officer of Alibaba Group Holdings Inc (NYSE: BABA) — believes that the...

Alibaba's Offline/Online Business Models Expand Market Opportunity, Analyst Says
1:46PM ET 9/29/2020 Benzinga

Following the second day of Alibaba Group's (NYSE: BABA) three-day...