BABA News & Events

Mixed options sentiment in Alibaba (BABA), with shares down 6c near $130.73. Options volume roughly in line with average with 70k contracts traded and calls leading puts for a put/call ratio of 0.57, compared to a typical level near 0.65. Implied volatility (IV30) is higher by 0.7 points near 49.23,in the top quartile of the past year, suggesting an expected daily move of $4.05. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Alibaba (BABA) will report earnings before the open on 2026-03-19.Option markets are pricing in a 50% probability of a move greater than 7.16% or $9.36.

Stocks fell as markets continue to be rocked by the war in the Middle East, which entered its sixth day and has boosted oil and gas prices. Benchmark U.S. oil prices hit $81 per barrel and bonds slid as headlines continued to depict war escalating in Iran and the Middle East. The S&P 500 lost over 0.5% and the Dow fell almost 2% as Bloomberg also reported that U.S. officials have written draft regulations that would restrict AI chip shipments to anywhere in the world without American approval.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Broadcomrallied after the company said it expects artificial intelligence chip sales toin 2027OpenAI toppedas of end of last month, The Information reportsKrogerreported, but gave a FY26 EPS outlook range that missed consensus at the midpoint24 states haveto block his latest round of tariffsNetflixthe acquisition of InterPositive, a filmmaking technology company founded by Ben Affleck2. WALL STREET CALLS:Meta Platformsto Neutral from Buy at AreteScotiabankMongoDBto Outperform following its post-earnings selloffPenn Entertainmentto Buy at BenchmarkBernsteinCoreWeaveat Underperform on hyperscaler competition riskJPMorgan and WedbushStubHubto Neutral after its earnings miss and guidance reset3. AROUND THE WEB:White House officials have drafted regulations that would require companies to seek U.S. permission for virtually all exports of AI accelerators from companies like Nvidiaand AMD, Bloomberg saysAlibabasaid it would set up a new task force to accelerate foundation model development, following the resignation of its Qwen AI division head Lin Junyang, Reuters reportsOracleplans thousands of job cuts, Bloomberg reportsNvidiahas stopped production of its second-most advanced artificial intelligence chips intended for the Chinese market, FT reportsSonyno longer plans to release its big single-player PlayStation 5 games on PC, a major strategy shift that sees it returning to console exclusivity, Bloomberg says4. MOVERS:Tango Therapeuticsgained after reportingand entering a clinical collaboration agreement with ErascaPalladyne AIadvanced afterfor FY26StubHubQ4 GMS and revenue about 7% below consensus estimates, while the FY26 outlook for GMS and EBITDA came in "well below" estimatesGrocery Outletfell after reportingand providing an update on its restructuring planPepGendeclined after announcing the FDA placed aon a Phase 2 trial of PGN-EDODM15. EARNINGS/GUIDANCE:BJ's Wholesalereported, with EPS and revenue beating consensusJD.comreported, with CEO Sandy Xu "pleased to close out 2026 with fourth quarter results in line with expectations"American Eaglereported what Telsey Advisory said wereVictoria's Secretreported, with CEO Hillary Super commenting, "We delivered an exceptional fourth quarter and a standout year"Cienareportedand provided guidance for Q2INDEXES:The Dow fell 784.67, or 1.61%, to 47,954.74, the Nasdaq lost 58.50, or 0.26%, to 22,748.99, and the S&P 500 declined 38.79, or 0.56%, to 6,830.71.

Stocks are lower at midday as traders keep an eye on rising oil prices. U.S. crude oil prices rose to their highest level since last June after Iran said it hit an oil tanker with a missile, with West Texas Intermediate crude futures trading above $77 per barrel during the session.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Broadcomrallied after the company said it expects artificial intelligence chip sales toin 2027OpenAI toppedas of end of last month, The Information reportsKrogerreported better-than-expected Q4 adjusted EPS, but gave arange that missed consensus at the midpointAmerican Eagle (AEO) reported what Telsey Advisory said wereStubHubreported Q4 GMS and revenue about 7% below consensus estimates, while the FY26 outlook for GMS and EBITDA came in2. WALL STREET CALLS:Meta Platformsto Neutral from Buy at AreteScotiabankMongoDBto Outperform following its post-earnings selloffPenn Entertainmentto Buy at BenchmarkBernsteinCoreWeaveat Underperform on hyperscaler competition riskJPMorgan and WedbushStubHubto Neutral after its earnings miss and guidance reset3. AROUND THE WEB:UniQure'sgene therapy for Huntington's disease has shown promising early results, but the FDA is requiring a new trial with a sham-surgery placebo group to prove its effectiveness, Bloomberg saysAlibabasaid it would set up a new task force to accelerate foundation model development, following the resignation of its Qwen AI division head Lin Junyang, Reuters reportsTencent'sSupercell is cooperating with a U.S. government security probe investigating its parent company's data practices, Bloomberg saysNvidiahas stopped production of its second-most advanced artificial intelligence chips, known as H200 chips, intended for the Chinese market, FT reportsSonyno longer plans to release its big single-player PlayStation 5 games on PC, a major strategy shift that sees it returning to console exclusivity, Bloomberg says4. MOVERS:Tango Therapeuticsgains after reportingand entering a clinical collaboration agreement with ErascaPalladyne AIincreases afterits guidance for FY26Alto Ingredientsand Ampriushigher afterquarterly resultsGrocery Outletfalls afterquarterly results and providing an update on its restructuring planPepGenlower afterquarterly results and announcing the FDA placed a partial clinical hold on Phase 2 trial of PGN-EDODM15. EARNINGS/GUIDANCE:BJ's WholesaleQ4 results, with EPS and revenue beating consensusJD.comQ4 results, with CEO Sandy Xu commenting, "We were pleased to close out 2026 with fourth quarter results in line with expectations"TeadsQ4 results and provided guidance for Q1 and FY26Victoria's SecretQ4 results, with CEO Hillary Super commenting, "We delivered an exceptional fourth quarter and a standout year"CienaQ4 results and provided guidance for Q2INDEXES:Near midday, the Dow was down 1.58%, or 768.33, to 47,971.08, the Nasdaq was down 0.39%, or 85.62, to 22,718.75, and the S&P 500 was down 0.71%, or 49.08, to 6,820.42.