BABA slips amid China demand worries
Alibaba is drifting lower alongside Chinese large-cap ETFs as an industrial profit slowdown points to softer domestic consumer spending, a direct headwind for its e-commerce business, while news that China may allow Alibaba to buy Nvidia chips offers only a partial offset.
Sources: https://finance.yahoo.com/markets/stocks/articles/nvda-stock-focus-china-rep
Sources
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