Saturday, April 1, 2023

Alibaba stock is overbought as spinoff prompts $47 billion rally

The Chinese internet conglomorate’s plan to slash its empire into six units has so far added $47 billion of market value, causing a key technical indicator to flash a sell signal — little more than a week after it showed the stock was oversold.

from Tech-Economic Times https://ift.tt/m1jP3WM

No comments:

Post a Comment

OpenAI flags possible critical cybersecurity risk in upcoming model, tightens controls

Under OpenAI's safety guidelines, a model reaches the "critical" threshold if it can autonomously identify and exploit severe,...