Silicon Valley Bank Fallout, a Rally in Chip Stocks and Calls for a Pause in Artificial Intelligence
Bloomberg Tech
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Alibaba's Massive Overhaul Plan Boosted Chinese Tech Stocks Overnight
Alibaba's massive overhaul plan boosted Chinese tech stocks overnight with investors betting the sectors in for an overdue reevaluation as the regulatory environment improves shares. Alibaba surged earlier by the most since November out in Hong Kong. The company will be splitting its $250 billion empire into six business units.
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