Stay updated with breaking news from Ceo daniel zhang. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Chairman and founder after that stubhub cash deal from ebay. Five years ago, alibaba pulled off its biggest ever ipo on wall street today, the biggest share sale in hong kong in years. The listing is being seen as a triumph for a stock exchange. It comes as prodemocracy protest have gripped the city for weeks. Joining us from washington, john freeman, Vice President of Equity Research at cfra. If you look at the company raising an additional 11 dollars, where do you see that use of in terms of that cash . John it will be interesting to see what they do. I think that brings them to about 43 billion in total, 21 in net cash. I would like to see them invest more heavily into the Cloud Business which is a percent of revenue now, it was growing 64 yearoveryear growth in the last quarter. We have seen this movie before, how t ....
Outlining plans to diversify away from china. A monday merger on tap and possible 4 billion vanilla cream filled deal. And instacart ready to kickoff the ipo, but appearing to be far from the hey day of 2020. It is monday, september 11th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Well welcome to the show. Im dominic chu in for Frank Holland. Lets kickoff the show with green on the screen with the nasdaq and s p coming off 1 losses last week, but for the time being, the dow is higher by 75 points. S p is higher by 18 and the nasdaq higher by 21 points. For the transportation stocks, they are coming off a nearly 4 loss last week. That index worst since early march. Checking on the bond market. Yields are on the move. You see just a little bit of higher motion. Lower prices and higher yields for the 10year treasury at 4. 2 t 8 . 2year treasury is 4 ....
Outlining plans to diversify away from china. A monday merger on tap and possible 4 billion vanilla cream filled deal. And instacart ready to kickoff the ipo, but appearing to be far from the hey day of 2020. It is monday, september 11th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Well welcome to the show. Im dominic chu in for Frank Holland. Lets kickoff the show with green on the screen with the nasdaq and s p coming off 1 losses last week, but for the time being, the dow is higher by 75 points. S p is higher by 18 and the nasdaq higher by 21 points. For the transportation stocks, they are coming off a nearly 4 loss last week. That index worst since early march. Checking on the bond market. Yields are on the move. You see just a little bit of higher motion. Lower prices and higher yields for the 10year treasury at 4. 2 t 8 . 2year treasury is 4 ....
Outlining plans to diversify away from china. A monday merger on tap and possible 4 billion vanilla cream filled deal. And instacart ready to kickoff the ipo, but appearing to be far from the hey day of 2020. It is monday, september 11th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Well welcome to the show. Im dominic chu in for Frank Holland. Lets kickoff the show with green on the screen with the nasdaq and s p coming off 1 losses last week, but for the time being, the dow is higher by 75 points. S p is higher by 18 and the nasdaq higher by 21 points. For the transportation stocks, they are coming off a nearly 4 loss last week. That index worst since early march. Checking on the bond market. Yields are on the move. You see just a little bit of higher motion. Lower prices and higher yields for the 10year treasury at 4. 2 t 8 . 2year treasury is 4 ....