• Why Are AliBaba Shares Rising Today? $BABA

  • Sep 1 2023
  • Duración: 13 m
  • Podcast

Why Are AliBaba Shares Rising Today? $BABA

  • Resumen

  • Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.

    Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:

    $DELL $LULU $AVGO $BABA $EOSE

    • Dell Technologies Inc. (NYSE:DELL) reported better-than-expected second-quarter results and raised its outlook for the year. Dell shares climbed 8.3% to $60.92 in the after-hours trading session.
    • Lululemon Athletica Inc. (NASDAQ:LULU) reported upbeat earnings for its second quarter and boosted its annual forecast. Lululemon shares gained 1.5% to $387.00 in the after-hours trading session.
    • Broadcom Inc. (NASDAQ:AVGO) posted upbeat earnings for its third quarter, but issued weak forecast for the current quarter. Broadcom shares fell 4.6% to $880.08 in the after-hours trading session.
    • What's Going On With Alibaba Stock Friday? Alibaba Group Holding Limited (NYSE:BABA) stock is trading higher Friday in line with the broader indexes IShares China Large-Cap ETF (NYSE:FXI) and KraneShares Trust KraneShares CSI China Internet ETF (NYSE:KWEB) as China’s factory activity for August expanded.
    • Eos Energy Enterprises Inc (NASDAQ:EOSE) shares are surging 55% in premarket trade after it launched Project AMAZE, American Made Zinc Energy, a $500 million planned expansion to build 8 GWh of clean energy storage production capacity.



    Hosts:

    Michael O'Connor , Benzinga Newsdesk

    Reach out to Michael at michaeloconnor@benzinga.com

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    If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com



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