Market Update: Alibaba and Chip Stocks Under Pressure

Reported about 8 hours ago

In a recent Yahoo Finance video, Senior Reporter Ines Ferré highlights key market trends for August 29, 2025, focusing on Alibaba's weaker revenue but growth in its Cloud intelligence sector, the impact of Alibaba's new chip development on chip stocks, and Kraft Heinz's potential plans to split into two separate units. The report discusses how these developments are influencing market sentiments and individual stock performances.

Source: YAHOO

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