Alibaba reportedly unveiled an artificial intelligence (AI)-powered search engine designed to help small businesses in Europe and the Americas source supplies.Dubbed Accio, the search engine finds wholesale products in response to businesses’ text or image prompts, CNBC reported Tuesday (Nov. 12), saying it had viewed demonstrations of this new offering. The search engine also provides information about the products’ popularity with consumers and projected profit.Alibaba did not immediately reply to PYMNTS’ ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...

Alibaba International promotes its e-commerce platform for small businesses at the Canton Fair in Guangdong, China, on Oct. 16, 2024.BEIJING — Chinese e-commerce giant Alibaba on Tuesday unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.It's an attempt to leverage ChatGPT-like tech to increase sales. Initial tests showed businesses' purchase intent using the new tool increased by 40% versus traditional search engines, according to Ku ...

Alibaba (NYSE: BABA ) stock has started showing promising signs over the last few weeks. The fiscal support announced by the Chinese government has helped improve the bullish sentiment towards the stock. In the previous earnings, Alibaba reportedI have worked in the technology sector for over 4 years. This included working with industry stalwarts like IBM. I have done my MBA in finance and have been covering various blue chip stocks for the past 6 years. Having hands-on knowledge in the technology sector ha ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Alibaba (BABA) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Alibaba currently has an average brokerage ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, November 6th:Alibaba Group Holding Limited (BABA) : This Chinese e-commerce giant carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3% over the last 60 days.Alibaba has a price-to-earnings ratio (P/E) of 11.01, compared with 36.20 for the industry. The company possesses a Value Score  of A.Sumco Corporation (SUOPY) : This maker of silicon wafers ...

Core Viewpoint - The growth of tech stocks, particularly in the AI sector, is expected to continue into the new year, with companies like Nvidia leading the charge due to their AI accelerators [1][2]. Group 1: Alphabet - Alphabet, the parent company of Google, has been a pioneer in AI since 2001 and is perceived as a leader in the field, although its position was challenged by the emergence of generative AI technologies like ChatGPT [3][4]. - The company launched Google Gemini to compete in the generative AI space and reported that Google Cloud, a key component for AI workloads, generated $11 billion in revenue for Q3 2024, reflecting a 36% year-over-year growth compared to the company's overall growth of 15% [4]. - Alphabet has invested $18 billion in AI initiatives over the past nine months, maintaining a strong liquidity position with $93 billion available for future investments, and its P/E ratio of 23 is the lowest among the "Magnificent Seven" stocks, indicating a potential valuation discount [5]. Group 2: Alibaba - Alibaba is one of the largest cloud computing companies globally and has gained traction in the AI space, launching over 100 new AI models in September, which enhance capabilities in various sectors including automotive and scientific research [6][7]. - Despite a 4% revenue increase in Q2 2024, Alibaba's revenue has grown significantly from 20 billion renminbi to 243 billion renminbi ($33 billion) over the past nine years, suggesting that investors receive more value at a similar stock price compared to previous years [9]. - With a P/E ratio of 26, Alibaba stock is considered a bargain with potential for long-term growth [10]. Group 3: Uber Technologies - Uber Technologies utilizes AI primarily to predict rider demand and optimize pricing, which has improved customer satisfaction by reducing wait times [11]. - The company is focusing on autonomous driving technology through a partnership with General Motors' Cruise, which is crucial for its future growth [11][12]. - In Q3 2024, Uber reported $11 billion in revenue, a 20% increase year-over-year, and achieved a profit of $2.6 billion, significantly up from $221 million in the same quarter last year, despite a P/E ratio of around 79, the forward P/E ratio is more reasonable at 32, indicating continued investment potential [12][13][14].

Investors looking for stocks in the Internet - Commerce sector might want to consider either Alibaba (BABA) or Maplebear (CART) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores wo ...

The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Alibaba (BABA) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.Alibaba is one of 210 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #8 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, November 4th:Controladora Vuela Compañía de Aviación (VLRS) : This air transportation services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.2% over the last 60 days.Controladora Vuela has a price-to-earnings ratio (P/E) of 6.57, compared with 14.70 for the industry. The company possesses a Value Score  of A.Pilgrim's Pride Corpor ...