AI bets pay off: Alibaba posts 5% revenue rise as AI app hits 10 million downloads; cloud business accelerates

Alibaba reported a stronger September quarter on Tuesday, buoyed by the blockbuster launch of its redesigned Qwen AI app and a sharp pickup in cloud-computing revenue, even as net profit fell sharply.The Chinese tech major said revenue for the three months ended September 30 rose 5% year-on-year to 247.8 billion yuan ($35 billion), ahead of…

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Strong fundamentals, big-ticket investments to propel India’s FDI in 2026

FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts.To ensure that India remains an attractive and investor-friendly destination, the government reviews the FDI (Foreign Direct Investment) policy…

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Top stocks to buy today: Stock recommendations for December 5, 2025 – check list

Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for December 5, 2025 are Max Healthcare, and Tata Power. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYBenchmark indices spent the previous week oscillating within a defined consolidation band, digesting their recent up move. The…

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‘If US happy with India’s offer…’: Goyal reacts to Trump admin’s ‘best ever’ offers view; says America should sign agreement

A deal is only done when both sides stand to benefit, said Piyush Goyal. (AI image) India-US trade deal: Commerce and Industry Minister Piyush Goyal has reacted to a Donald Trump administration official’s statement that India has made the ‘best ever’ offers with regards to the trade deal talks. While not providing any timeline to…

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The U.S. government moves $606,000 in bitcoin linked to the 2016 Bitfinex hack to Coinbase

The U.S. government is active on the blockchain again, moving approximately $606,000 worth of bitcoin BTC$74,723.33 to Coinbase Prime. These are not just any coins. On-chain data suggests the transferred 8 BTC are linked to Ilya Lichtenstein, the man behind the decade-old hack of the OG exchange Bitfinex, according to data tracked by Arkham. Transfers…

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