Why has BABA's price remained stagnant for the majority of this year? After the Chinese stimulus rally near the beginning of this year. Alibaba's share price has had trouble climbing out of the long-term bear market it has been in for quite a while.
$Alibaba(BABA.US)$
Macro
Currently, the chinese economy is not exactly the strongest economy, but it has been showing signs of slight expansion based on some of the more recent data.
Investors are mostly worried about the chines...

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• Top gainers: $Paladin Energy Ltd(PDN.AU)$, $Meridian Energy Ltd(MEZ.AU)$, $Mercury NZ Ltd(MCY.AU)$
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A broad sell-off, led by tech shares, pulled the sharemarket lower on Monday.
The $S&P/ASX 200(.XJO.AU)$ closed 0.7 per ce...

JP Morgan reduces Xpeng's target price from $18 to $16. This is done after Xpeng released disappointed earnings and share price fell 7% last Friday. Xpeng was also downgraded to sell rating by Citi last Friday.
Source:
XPeng Price Target Cut to $16.00/Share From $18.00 by JP Morgan
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