"The buy-the-dip strategy in early April has clearly paid off," said a team of JPMorgan strategists led by Emma Wu. "We estimate retail investors' portfolio is up 15.1% since April 8, closely aligning ...

Alibaba shares (BABA) slumped 5% in premarket trade. The stock has soared 58% this year. Alibaba said the quarter was strong, helped by cloud intelligence revenue growth of 18%. It said AI-related ...