Meme stock icon Ryan Cohen reportedly has a $1 billion bet on Chinese tech giant Alibaba
Cohen, the CEO of GameStop and a hero among the meme stock crowd, has grown his bullish bet on the Chinese tech giant to $1 ...
Sector Spotlight: Upbeat earnings, AI optimism put Chinese tech stocks in focus
Welcome to the latest edition of “Sector Spotlight,” where The Fly looks at a new industry every week and highlights its ...
Alibaba Stock Jumps on AI Spend Plans, Reported $1B Stake by GameStop CEO
U.S.-listed shares of Alibaba Group are rising in premarket trading Friday after GameStop CEO Ryan Cohen reportedly raised ...
Alibaba Soars 8% as Ryan Cohen Bets $1B Following Q3 Earnings Beat
Chinese e-commerce retailer Alibaba (BABA) stock spiked over 8% after billionaire investor Ryan Cohen increased his stake to ...
Money Flowing Into Chinese Stocks, Especially Alibaba; The Main Event Ahead Is Nvidia Earnings
Part of the buying in BABA is coming from the meme crowd after a report that Ryan Cohen, founder of Chewy Inc (CHWY), has bought almost $1B worth of BABA stock. Previously, Ryan Cohen triggered a meme ...