Chinese Stocks Archives - Page 5 of 23

WednesdayOct 23, 2024 10:00 am

New Report Provides Insights into the IoT, Big Data Analytics Market

A recent market research report from Orbis Research has offered insight into artificial intelligence in the Big Data Analytics and Internet of Things (IoT) market. The new report emphasized the significance, implications, and research methodology of AI for businesses in the two sectors. Furthermore, the report examines current consumer behaviors, market conditions, trends, strategic insights, and competitive landscapes to help stakeholders make informed decisions. Still in its infancy, the artificial intelligence industry has attracted significant attention across various industries and is predicted to play an increasingly larger role in the global economy over the next decade. With the big data…

TuesdayOct 22, 2024 10:00 am

Alibaba Unveils its AI Translation Tool, Boasts That it Trounces ChatGPT

Alibaba Group Holding Ltd. (NYSE: BABA)’s international arm has unveiled an updated version of its artificial intelligence translation tool that is supposedly superior to most competitors in the market. Dubbed Marco MT, the AI-powered tool supports 15 languages: Chinese, Arabic, Korean, Japanese, French, English, Dutch, Italian, German, Portuguese, Spanish, Russian, Ukrainian, Turkish, and Polish. According to Alibaba International Digital Commerce Group vice president and head of the firm's artificial intelligence arm Kaifu Zhang, the idea behind the AI translation tool is to help merchants generate more revenue for themselves as their performance also affects the platform’s bottom line. Alibaba says…

ThursdayOct 17, 2024 10:00 am

Study Provides Insights into How Men, Women Assess Online Dating Profiles

A recently published study used eye-tracking technology to gain deeper insights into how men and women assess dating profiles on online-dating platforms. The study provides an interesting look at the different ways heterosexual women and men evaluate online dating profiles and outlines major differences in how both genders look at dating profiles. Online dating platforms such as Tinder and Bumble have been around for more than a decade and have helped millions of people worldwide find romantic partners. Although the popularity of these platforms has dipped slightly in recent years, countless people worldwide still use dating apps every day. Statista…

TuesdayOct 15, 2024 10:00 am

Mobile Payments Facilitate Higher Holiday Consumption in China

Industry experts say China's various mobile payment systems are facilitating higher rates of holiday consumption in the east Asian country. Although mobile money has been around for well over a decade, the technology reached the mainstream within the past couple of years. The coronavirus pandemic was instrumental in increasing the global popularity of these services because it discouraged handling physical cash. China was quick to jump onto the bandwagon and now has some of the most dominant mobile-payment platforms in the world. The majority of these payment options have also been availed to foreigners, allowing them to link up their…

ThursdayOct 10, 2024 10:00 am

Jefferies Makes Upward Adjustment of Alibaba Stock Rating

Investment banking firm Jefferies Group has increased its stock rating for Chinese e-commerce giant Alibaba Group Holding Ltd. (NYSE: BABA) from $116 to $142 and maintained a Buy rating for Alibaba’s shares. According to Jefferies’ analysis, Alibaba and other players in the e-commerce industry are often subject to critical events that shift how valuation is approached, and this results in re-evaluations. As such, recently passed policies signal the potential for recovery for the e-commerce industry after several months of poor performance. Jefferies’ new stock valuation for Alibaba was based on projections for next year. The Chinese company has become a…

TuesdayOct 08, 2024 10:00 am

Streaming Wars, Strikes Weigh on Hollywood

Hollywood's new streaming age ground to a screeching halt in May 2023 when both actors and writers joined hands for the first time in more than half a century to go on strike. Lasting several months, the historic strike brought Hollywood to a standstill, and its effects are still reverberating through the industry more than a year later. Streaming represented a new frontier in television after decades of dominance by cable providers and allowed new companies, including Netflix and Hulu, to surpass established players in slightly more than a decade. However, streaming companies restructured the entertainment industry in a way…

ThursdayOct 03, 2024 10:00 am

Millennials Face Financial Challenges, Seek Help

Millennials have faced a series of tough financial challenges for most of their adulthood and are seeking guidance. They were fresh in the job market during the 2008 financial crisis, and as the 2010s drew to a close, the millennials had less property and wealth compared to previous generations at the same age. After experiencing what was supposed to be a once-in-a-lifetime financial crisis, millennials were hard hit by the coronavirus pandemic, a financial blow that was even harder to stomach now that they were older and had additional responsibilities. Rising inflation and high interest rates have made it even…

TuesdayOct 01, 2024 10:00 am

Alibaba’s AI-Backed Cancer Detection Tool Featured on Fortune’s World Changers List

Fortune has included Alibaba Group Holding Ltd. (NYSE: BABA) on its 10th edition of the yearly Change the World ranking, which highlights the top global companies that leverage their profit-seeking operations to drive innovation and create social impact. An editorial team at Fortune combed through an extensive 250-nominee list and whittled it down to only 52 enterprises. Alibaba came in eighth on the list, and it is notable that it was the only company from China that grabbed a spot on the top ten of that elite ranking. Matt Heimer, executive features editor at Fortune, said in a press statement…

ThursdaySep 26, 2024 10:00 am

Young Americans Increasingly Rely on TikTok for News, Pew Survey Finds

A recent survey from the Pew Research Center has revealed that a growing number of young Americans are using the video-sharing platform TikTok as their main source of news. The Chinese app has grown incredibly popular over the past few years, particularly among young internet users, and is one of the most downloaded mobile applications on the globe. While users were initially drawn to TikTok due to its many viral video clips, many of them are now relying on TikTok for news. The Pew Research report found that 17% of adults in the United States get their daily news from…

TuesdaySep 24, 2024 10:00 am

Apple Pay Incorporates Affirm to Broaden Mobile Payment Options

Payment network Affirm recently announced that it is integrating with Apple Pay to expand Apple Pay’s payment options. Apple Pay users on both iPad and iPhone can now make scheduled payments, thanks to Affirm's integration. Furthermore, the payment network can break down qualifying purchases into either biweekly or monthly payments with rates as low as 0% APR. iPadOS 18 and iOS 18 users with Apple Pay will be able to make payments over time via Apple Pay’s Other Cards & Pay Later Options when they check out. Once they select Affirm, Apple Pay users will be subject to a quick…

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