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☆ A bearish options trade on a one-time tech darling that could struggle in the new AI world
▼ + stars: | 2024-05-08 | by ( Tony Zhang | ) www.cnbc.com time to read: +2 min

I think shares of the one-time cloud computing darling are at risk of falling even lower and I will give a bearish options trade to capitalize on it. As CRM matures and growth rates moderate, it simply cannot continue to command the industry-leading valuations it once did and has to face the reality of its fundamentals. This suggests that CRM will likely continue to trade back towards the midpoint of the range in the $210-220 area. This makes a valuation that is 40% higher than the S & P 500 harder to justify when growth rates are slowing down significantly. The trade With earnings in three weeks, CRM options prices are slightly elevated and warrant using a spread to lower the cost of seeking bearish exposure.

Locations: Salesforce

☆ Generative AI is speeding up human-like robot development. What that means for jobs
▼ + stars: | 2024-05-08 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

BEIJING — ChatGPT-like artificial intelligence is speeding up research and bringing humanoid robots closer to reality in China, home to many of the world's factories. What's changed with the emergence of OpenAI's ChatGPT chatbot is the ability of AI to better understand and generate content in a human-like way. While the U.S.-based tech is not officially available in China, local companies such as Baidu have released similar chatbots and AI models. In robotics, the development of generative AI can help machines with understanding and perceiving their environment, said Li Zhang, chief operating officer of Shenzhen-based LimX Dynamics. "It has accelerated our entire research and development cycle," he said.

Persons: What's, Li Zhang, Li Organizations: BEIJING, Baidu, Dynamics, CNBC Locations: China, U.S, Shenzhen

☆ More Americans are feeling a six-figure salary can't afford them a middle-class lifestyle
▼ + stars: | 2024-05-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at people who feel like a middle-class salary doesn't equal a middle-class lifestyle . The big storyMiddle-class meltdownMichael Raines"Lately, I'm getting the feeling that I came in at the end. AdvertisementBusiness Insider's Jennifer Sor has a report on the people making over six figures who think the middle-class lifestyle they dreamed of isn't realistic for their salary . AdvertisementMarco Bottigelli/Getty, Yevgen Romanenko/Getty, Maskot/Getty, Tyler Le/BILet's address the elephant in the room: A six-figure salary is still a lot of money. Words like "AI Infrastructure" and "generative AI" point to more money heading to Nvidia for its popular H100 GPU chip.

Persons: —, Michael Raines, I'm, It's, Tony Soprano bemoaned, Jennifer Sor, Vincent, it's, Marco Bottigelli, Yevgen Romanenko, Tyler Le, Jenny Chang, Rodriguez, Warren Buffett, Buffett, Shruti Gandhi, Dalton Caldwell, James Cham, Hemant Taneja, Jenny Lefcourt, Nick Little, Sam Altman, Alice Zhang, Serena Williams, Jack Dorsey, Dorsey, — Dorsey, Bluesky, Alyssa Powell, Katie Notopoulos, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, Business, Pew Research Center, nab, Adobe, Wall, Hamptons, Nvidia, Genomics, Serena Ventures, Fortune, Starbucks Locations: New York, Zillow, Santa Barbara , California, Berkshire, Bluesky, London, Chicago

☆ General signs of stabilization in China except for the property sector, economist says
▼ + stars: | 2024-05-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGeneral signs of stabilization in China except for the property sector, economist saysZhiwei Zhang, president and chief economist at Pinpoint Asset Management, says "we haven't seen any signs of stabilization" in the property sector.

Persons: Zhiwei Zhang Locations: China

☆ Met Gala 2024: Everything we know about the theme, hosts and guests
▼ + stars: | 2024-05-06 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +9 min

Bad Bunny, Jennifer Lopez, Chris Hemsworth and Zendaya will co-chair this year's Met Gala for the exhibition "Sleeping Beauties: Reawakening Fashion." The first celebrities to appear will be Gala co-chairs Zendaya, Jennifer Lopez, Bad Bunny and Chris Hemsworth, the last of whom is making his Met Gala debut. What was the first Met Gala theme? Gwyneth Paltrow famously called the Met Gala “un-fun” in 2013 and said she’d “never” go again, but returned in 2017 (and 2019). Met Gala guests have often broken the no-social-media rule to give a more candid glimpse of who is hanging with who and what goes on behind closed doors.

Persons: CNN —, —, Jared Leto’s, Rihanna, J.G, Ballard, Andrew Bolton, Bunny, Jennifer Lopez, Chris Hemsworth, Zendaya, James Devaney, Victor Aubry, Christina House, Neil Mockford, Bad Bunny, Anna Wintour, Wintour, Arturo Holmes, Karl Lagerfeld, Rei Kawakubo, Charles James, Christian Dior, Alexander McQueen, Gianni Versace, Angela Weiss, Lagerfeld, Anne Hathaway, Nicole Kidman, Jenna Ortega, Chanel, Fendi, Eleanor Lambert, Diana Vreeland, LaunchMetrics, Calvin Klein, “, ” Cher, Ron Galella, ”, Lady Gaga, Kardashian, Jenners, Donald Trump, James Corden’s, Demi Lovato, Zayn Malik, Tina Fey, Fey, David Letterman ”, backtrack, Gwyneth Paltrow, she’d “, Olivia Wilde, Margaret Zhang, Kevin Mazur, Bella Hadid, Dakota Johnson, Jason Derulo, Jay, Solange, it’s, ” Wilde Organizations: CNN, Metropolitan Museum of Art, Costume Institute, Los Angeles Times, American Vogue, New York Times, Getty, Super, Hollywood, Vogue, “ Vogue China Locations: New York, British, American, China

☆ I drove Subaru's priciest SUV. It's perfect for families who outgrow the Outback or Forester — but the safety tech is vexing.
▼ + stars: | 2024-05-05 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +2 min

The 2024 Subaru Ascent Touring from the driver's seat. Benjamin Zhang/Business InsiderThe Subaru Ascent delivers a pleasant and reassuring driving experience. The continuously variable transmission is the weakest point in Ascent's driving experience and its drive train. The noise, reminiscent of a dying torque converter on a traditional automatic, disappears once the vehicle reaches normal operating temperature. With that said, Subaru's Lineartronic unit is one of the most capable CVTs on the market and is able to provide a serviceable approximation of a traditional automatic transmission.

Persons: Benjamin Zhang, Subaru's Organizations: Toyota, Chevrolet Traverse Locations: peppy

☆ There's a messy battle over AI going on in DC — and there's no end in sight
▼ + stars: | 2024-05-05 | by ( Madison Hall | ) www.businessinsider.com time to read: +10 min

Why does the US not have federal AI regulation? Biden signed the executive order on "Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence" near the end of 2023. Another challenge comes from AI experts and researchers choosing private sector jobs instead of ones in the government, a kind of "brain drain," Zhang said. "Less than 40% go to government looking to create all those AI regulations and governance structures." AdvertisementThe vast majority of AI experts end up working in the private sector rather than for universities or federal governments.

Persons: —, hasn't, Joe Biden, Trump, Kevin McCarthy, Biden, I'm, Jason Green, Lowe, It's, Sen, Martin Heinrich, Sam Altman, Bill O'Leary, Rebecca Finlay, Finlay, we're, she's, Daniel Zhang, Zhang, Drew Angerer, That's, there's Organizations: Service, White, Business, Bills, Republican, Artificial Intelligence, Federal Government, Science & Technology, Congress, Microsoft, Google, Defense, Center, Senate, Washington, Getty, Stanford Institute for, AI, Stanford's, for, Biden Locations: Silicon Valley, Korean, Washington , DC, Congress, North America

☆ Autos analysts pick who can survive China’s cut-throat EV market
▼ + stars: | 2024-05-05 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Investment analysts are coalescing around a few potential winners in China's car market after a 10-day auto show in Beijing put the ferocious competition on full display. "This year, we notice[d] a meaningful amount of foreign visitors who are Chinese brands' overseas dealers or importers," JPMorgan analysts said. Open to the public After two days of restricting access only to business and media, the Beijing auto show opened to the general public. Jefferies' analysts estimate the policy could boost China's passenger vehicle sales by 1 million units this year, evenly split between electric and gas-powered models. The analysts highlighted their Chinese car stock picks as Leapmotor, Geely and BYD, all rated buy and listed in Hong Kong.

Persons: Nick Lai, BYD, Tesla, hasn't, Elon Musk, Nezha, Asensing, Zhang Haizhou, Morgan, Lei Jun, Xiaomi, Jefferies, Bank of America Merrill Lynch, Leapmotor, — CNBC's Michael Bloom Organizations: Asia Pacific, JPMorgan, Porsche, Apple Vision, Brands, Mazda, Auto, Morgan Stanley Asia Pacific, EV, Bank of America, Trade, Ministry of Commerce, Volkswagen, VW, Toyota Locations: Beijing, China, Asia, Europe, Nio, Zhejiang, Hong Kong

☆ Beware AI stocks trading at rich valuations. How to profit from a pullback using options
▼ + stars: | 2024-05-01 | by ( Tony Zhang | ) www.cnbc.com time to read: +2 min

While Palantir (PLTR) is not a direct parallel, it is an AI focused company that trades at a rich valuation. These types of valuations are at risk as we grapple with the notion of potentially even higher rates from the Federal Reserve. After gapping higher above $21, PLTR has failed to see any follow through on the initial momentum. Moreover, momentum has now turned negative and its testing the $21 level as support, alongside a series of lower lows and lower highs. Since PLTR barely turns a profit, using EV to sales is a better valuation metric, which trades at over 21x.

Persons: PLTR Organizations: Federal Reserve, EV

☆ Chinese Scientist Who Shared Covid Sequence Protests Lab Closure
▼ + stars: | 2024-05-01 | by ( Keith Bradsher | ) www.nytimes.com time to read: +1 min

A well-known Chinese scientist who defied a Chinese government gag order by being the first to disclose the genome of the Covid virus to a global database four years ago held a rare protest this week in Shanghai after being locked out of his lab. The scientist, Zhang Yongzhen, had run a laboratory in Shanghai since 2018, but found over the weekend that the facility had been sealed off with one of his colleagues locked inside, according to a Chinese news outlet. Dr. Zhang’s key card had been canceled and the elevators had been turned off. On Sunday evening, he began sleeping outdoors on flattened cardboard in front of locked blue doors at the sidewalk entrance to the lab, photos posted online by students showed. At least five security guards could be seen in one of the photos.

Persons: Zhang Yongzhen, Zhang’s, “, ” Locations: Shanghai, Shandong Province

☆ No, the electric vehicle market isn’t crashing. It just needs recharging.
▼ + stars: | 2024-05-01 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +7 min

The second is the rate of EV sales growth is slowing, at least temporarily. The EV market is not collapsing, experts say, it’s just entering a new phase. Teslas still make up slightly more than half of all the electric vehicles sold in America, according to a report from Cox Automotive. But, just one year ago, Tesla produced more than 60% of all the EVs sold America. After having trouble cranking up production of its new generation of electric vehicles, GM seems to be accelerating.

Persons: it’s, ”, Coco Zhang, “, Teslas, Tesla, Cox, Ford, China’s Geely, Michael Lenox, Corey Cantor, Cantor, ” Cantor Organizations: New, New York CNN, International Energy Agency, ING, CNN, Cox Automotive, Ford, General Motors, Blazer, European Federation for Transport, Volvo, EV, China Passenger Car Association, University of Virginia, Bloomberg New Energy Finance, Vehicles, Chevrolet Bolt, Dodge Locations: New York, That’s, EVs, America, China, Europe, United States, ’

☆ Zhang Yongzhen: Chinese virologist shared crucial Covid-19 data. Then his research hit hurdles
▼ + stars: | 2024-04-30 | by ( Simone Mccarthy | Yong Xiong | ) edition.cnn.com time to read: +9 min

The ordeal is just the latest hindrance to Zhang’s research since 2020, according to a colleague who has been in contact with the Chinese scientist in recent years. The “institute always respects … and supports scientific researchers and students in carrying out normal research work,” the statement said. The earlier post by Zhang’s students said the two days originally allocated by the center for them to move their scientific work was insufficient. Following the release of the data, Zhang’s lab had limitations placed on it, which barred it from isolating the Covid virus, Holmes said. That included imposing restrictions by April 2020 on the publication of academic research on the origins of the novel coronavirus.

Persons: Zhang Yongzhen’s, Zhang, ”, hadn’t, Hector Retamal, Edward Holmes, Holmes, ” Holmes, “, He’s, Zhang Yongzhen, ” Zhang, “ He’s, It’s, virologist Organizations: Hong Kong CNN —, Shanghai, Health, Weibo, Zhang’s, Chinese Center for Disease Control, CNN, Fudan University, Health Clinical, Getty, World Health Organization, Nature, University, Sydney, CDC, China’s National Health Commission, Oxford University Press, Shanghai Public Health Center, Natural Science Foundation of China Locations: China, Hong Kong, Shanghai, Wuhan, AFP, Beijing

☆ I make over $2,500 a month from focus groups. Here's how I decide which ones are worth my time and how to find the highest-paying ones.
▼ + stars: | 2024-04-29 | by ( Jane Zhang | ) www.businessinsider.com time to read: +10 min

I then created my own business, teaching others how to make money from focus groups. I noticed that I was consistently bringing in $2,000 to $3,000 a month from focus groups alone, so I eventually transitioned to concentrate solely on doing focus groups. AdvertisementLast month, in March, I participated in 18 focus groups for a total of $2,770 or an average of $154 per focus group. The best free ways to find focus groups are by searching "focus groups near me" or "taste tests near me" on Google, Craigslist, and social media. They were reputable companies with a huge volume of focus groups, so things probably slipped through the cracks.

Persons: Filipe, —, I've, he's, Burger King, Chase, you'll, haven't, Chicago, Jane Zhang Organizations: Service, PayPal, Apple, Google, Facebook, Craigslist Locations: Texas, Chicago, Chicago's, North, janezhang@businessinsider.com

☆ How universities are cracking down on a swell of tension months into student protests over Israel’s bombardment of Gaza
▼ + stars: | 2024-04-28 | by ( Dakin Andone | ) edition.cnn.com time to read: +17 min

Soon, dozens more students protesting the monthslong assault on Gaza were arrested at New York and Yale universities. Ash told CNN he was one of 20 students arrested following a sit-in on November 8. The charges were later dropped, according to the Brown Daily Herald, but 41 students arrested the following month in similar circumstances still face charges, which protesters now want dropped. Separately, the referendum on the BDS resolution “did not move forward because of potential conflict with federal and state laws,” the university told CNN in a statement. Police then were aggressive, Agrawal told CNN.

Persons: strode, –, Jordan Vonderhaar, that’s, Zach Greenberg, ” Greenberg, ” “, ”, Dima Khalidi, “, Greenberg, …, Arman Deendar, Rafi Ash, Ash, ” Ash, Richard Vogel, Jack Petocz, Petocz, Vanderbilt, Samson Zhang, Alexander Hall, Pitzer, Mita Banerjee, Banerjee, ” Arrestees, Natascha, Shubh Agrawal, Agrawal, Colleen Mastony, Israel, Grace Hie Yoon, Adam Lehman, who’ve, they’re, ” Lehman, CNN’s Dana, Israel –, Palestine Legal’s Khalidi, ” Khalidi, CNN’s Nicquel Terry Ellis, Chelsea Bailey, Isabel Rosales, Devon Sayers Organizations: CNN, New York’s Columbia University, Yale, University of Texas, University of Southern, Emory University, Boston’s Emerson College, Indiana University, George Washington University and California State Polytechnic, Humboldt, Bloomberg, Getty, Foundation, Rights, ”, White, Palestine, Brown University, Brown Daily Herald, University Public, Vanderbilt University, Vanderbilt, Coalition, ” Vanderbilt University, Community, Officer, Barnard College, Harvard University, Boston, Pomona College, Claremont Colleges, Pomona, Pomona College’s, for Justice, ” Claremont Police, Pro, Palestinian, George Washington University, University of Michigan’s, Investment, University of Michigan, Police, New York University, New, Civil Liberties Union, Anadolu Agency, Jewish, Hillel International Locations: New, Gaza, New York, Austin, University of Southern California, Atlanta, Israel, Rhode Island, Los Angeles, Nashville, Florida’s, Southern, Palestine, TAHRIR, “ City, Vietnam

☆ This payments stock appears to be bottoming. Using options to capitalize on potential gains
▼ + stars: | 2024-04-24 | by ( Tony Zhang | ) www.cnbc.com time to read: +2 min

However, it continues to operate a solid payments business with nearly half a billion active users each month. Over a longer period, a breakout above $68 could target the low $100s as an extended target to the upside. If we were to dive into the business, we see a payments company that focuses on delivering growth and improving margins. If PYPL traded at its industry and historical average of around 21x forward earnings, it would imply a stock price of $106 — just above our technical upside target. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: PYPL Organizations: PayPal

☆ Making Friends and Dating As Billionaire Steve Ballmer's Son
▼ + stars: | 2024-04-21 | by ( Jane Zhang | ) www.businessinsider.com time to read: +10 min

When I meet people, they usually don't know that my dad is Steve Ballmer. I have some friends for whom it took a really long time — like many months — before they realized the link. There was this guy I used to be friends with who went out of his way to talk to me. My comedy friends are also awesome, and my newest group of friends, my girlfriend's friends, are really cool. Since I'm not a big spender, I don't think anybody eyed me and thought, "I can probably get a ton of money out of him."

Persons: Pete Ballmer, Steve Ballmer, It's, Steve Ballmer's, Stanford, it'd, I'm, I've, douchebag, that's, We've, —, I'd Organizations: Clippers Locations: San Francisco, Italian

☆ Top Chinese Swimmers Tested Positive for Banned Drug, Then Won Olympic Gold
▼ + stars: | 2024-04-20 | by ( Michael S. Schmidt | Tariq Panja | ) www.nytimes.com time to read: +1 min

Twenty-three top Chinese swimmers tested positive for the same powerful banned substance seven months before the Tokyo Olympic Games in 2021 but were allowed to escape public scrutiny and continue to compete after top Chinese officials secretly cleared them of doping and the global authority charged with policing drugs in sports chose not to intervene. Several of the athletes who tested positive — including nearly half of the swimming team that China sent to the Tokyo Games — went on to win medals, including three golds. Many still compete for China and several, including the two-time gold medalist Zhang Yufei, are expected to contend for medals again at this year’s Summer Games in Paris. China acknowledged the positive tests in a report by its antidoping regulator, saying the swimmers had ingested the banned substance unwittingly and in tiny amounts, and that no action against them was warranted. But an examination by The New York Times found that the previously unreported episode sharply divided the antidoping world, where China’s record has long been a flashpoint.

Persons: Tokyo Games —, Zhang Yufei Organizations: Tokyo Olympic Games, Tokyo Games, New York Times, Aquatics, Doping Agency Locations: China, Paris

☆ Why Less Snow Is Threatening Japan's Expensive Kanzuri Chile Paste
▼ + stars: | 2024-04-19 | by ( Enxhi Dylgjeri | Teresa Zhang | ) www.businessinsider.com time to read: 1 min

Kanzuri is a traditional fermented chile paste that is exclusively produced in Myoko in Japan's Niigata Prefecture by the Tojo family. Before the family started selling the condiment in 1966, it was only made in small batches for household use. Today, a six-year-aged 2.5-ounce bottle sells for almost $20. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.

Persons: Tojo Organizations: Business Locations: Myoko, Japan's Niigata Prefecture

☆ A Trove of ByteDance Records Mistakenly Went Public. Here’s What They Say.
▼ + stars: | 2024-04-18 | by ( Mara Hvistendahl | ) www.nytimes.com time to read: +1 min

Somehow, thousands of pages of sealed court documents relating to the birth of TikTok’s owner, ByteDance, were mistakenly released by a Pennsylvania court. The documents — emails, chat transcripts and memos — are a fascinating window into ByteDance’s origins. They also tell a new version of the ByteDance origin story, one with fits and starts on the way to becoming one of the world’s most highly valued start-ups. The ByteDance origin story, as we know it, has the ring of Silicon Valley lore. As the story goes, the company’s founder, Zhang Yiming, sketched out the idea on a napkin for an employee of a Susquehanna subsidiary in 2012.

Persons: Jeff Yass, ByteDance, Zhang Yiming Organizations: Susquehanna International Group, Republican, Susquehanna Locations: Pennsylvania

☆ How an Obscure Chinese Real Estate Start-Up Paved the Way to TikTok
▼ + stars: | 2024-04-18 | by ( Mara Hvistendahl | Lauren Hirsch | ) www.nytimes.com time to read: +1 min

In 2009, long before Jeff Yass became a Republican megadonor, his firm, Susquehanna International Group, invested in a Chinese real estate start-up that boasted a sophisticated search algorithm. Behind the scenes, employees of a Chinese subsidiary of Mr. Yass’s firm were so deeply involved, records show, that they conceived the idea for the company and handpicked its chief executive. They said in one email that he was not the company’s “real founder.”As a real estate venture, 99Fang ultimately fizzled. They say that 99Fang’s chief executive — and the search technology — resurfaced at another Susquehanna venture: ByteDance. ByteDance, the owner of TikTok, is now one of the world’s most highly valued start-ups, worth $225 billion, according to CB Insights, a firm that tracks venture capital.

Persons: Jeff Yass, Republican megadonor, 99Fang, Yass’s, —, Zhang Yiming Organizations: Republican, Susquehanna International Group, Mr, Susquehanna Locations: ByteDance

☆ I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
▼ + stars: | 2024-04-17 | by ( Jane Zhang | ) www.businessinsider.com time to read: +10 min

This as-told-to essay is based on a conversation with a former McKinsey & Company associate who worked at the company for one and a half years. AdvertisementSome associate partners and partners were meanThe people at McKinsey were both the best and worst parts of my experience. The analysts and associates were all cool, but a few associate partners and partners were mean. I took a mental health break because I couldn't do it anymoreAfter about a year of working at McKinsey, I took a three-month mental health leave. But I also think it was going on mental health leave was inevitable, given the kind of people I ran into.

Persons: I'd, It's, they'd, I've, hysterically, I'm, hasn't, would've, Jane Zhang Organizations: McKinsey & Company, McKinsey, Business, Excel, McKinsey couldn't Locations: janezhang@businessinsider.com

☆ Nike shares may be forming a triple bottom. How to bet on a comeback using options
▼ + stars: | 2024-04-17 | by ( Tony Zhang | ) www.cnbc.com time to read: +2 min

Nike has underperformed the market and its sector since mid-2021, but recently growth expectations from analysts have bottomed. With China's growth showing signs of a rebound and valuation near its historical low, it could be time for a comeback. We'll discuss how to set up an options trade to bet on a turnaround. Nike (NKE) has formed a triple bottom at the $90 support level over the past 3 years and recently it just bounced higher off this support. I'm going out to the June expiration to buy the $92.5/$100 call vertical at a $2.99 Debit.

Persons: We'll, I'm Organizations: Nike, Paris Olympics Locations: China

A battle is playing out in the Red Sea as Yemen's Houthi militia attacks commercial shipping vessels headed to the Suez Canal using weapons supplied by Iran. Now a US-led task force is fighting back. We compare the weapons and tactics and tell you who holds the power in this global conflict.

Locations: Suez, Iran

☆ Jack Ma is praising Alibaba. Wall Street is more cautious
▼ + stars: | 2024-04-14 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Alibaba shares got a boost last week from news founder Jack Ma is pleased with the company's turnaround so far. They cut their price target to $100 a share, down from $105 previously, while maintaining an overweight rating. Eddie Wu became CEO of Alibaba in September, and is also acting head of the cloud business. They cut their price target by $1 to $105 a share and maintained their buy rating. They have a price target of $85, and, in contrast to the many buy ratings, rate the stock equal weight.

Persons: Jack Ma, Joe Tsai, Ma, Alex Yao, Tsai, Nicolai Tangen, We've, Eddie Wu, Trudy Dai, Daniel Zhang, Kenneth Fong, Douyin, Nomura, Doubao, Ernie, Qianwen, monetization, Morgan Stanley, Gary Yu, — CNBC's Michael Bloom, Arjun Kharpal Organizations: CNBC, Wall Street, JPMorgan, Norges Bank Investment, Alibaba, Commerce, UBS, PDD Holdings, Norges Bank Investment Management Locations: China, U.S, Taobao, BABA

ET / 3 a.m. BST (Sun) / 10 a.m. AWST (Sun)How to watch UFC 300 in the USAmerican UFC fans know the drill by now. You can purchase the streamer's PPV Package, which is a one-year ESPN+ subscription with the next UFC PPV fight (in this case, UFC 300) for $134.98. Where to watch UFC 300 everywhere elseThere are a few international viewing options for UFC 300 for those who aren't in the US. Install it on the device you're using to watch UFC 300. UFC 300 Fight Card: Pereira vs. HillMain card - 10 p.m.

Persons: Alex Pereira, Jamahal, we've, Pereira, Hill's, Zhang Weili, Yan Xiaonan, ExpressVPN, Justin Gaethje, Max Holloway, Charles Oliveira, Arman Tsarukyan, Bo Nickal, Cody Brundage, Aleksandar Rakić, Calvin Kattar, Aljamain Sterling, Holly Holm, Kayla Harrison, Sodiq, Diego Lopes, Turner, Renato Moicano, Jéssica Andrade, Marina Rodriguez, Women's, Bobby Green, Jim Miller, Deiveson Figueiredo, Cody Garbrandt Organizations: Business, UFC, ESPN, TNT Sports, US, Hulu Locations: Las Vegas, Canada, ExpressVPN

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