Alibaba expects first profit from its cloud arm this year.
- #Alibaba Group Holding foresees its cloud services arm turning profitable for the first time this year, a milestone for the decade-old business
- #Ripple's Chris Larsen threatened to leave the U.S. if the country's stance on crypto doesn't soon change
- European stocks edged higher amid upbeat earnings reports from UK's #Tesco and Germany's Dialog Semiconductor