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Alibaba's cloud produces rain

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Miguel A. Rodriguez
Miguel A. Rodriguez
08 October 2020
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

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Miguel A. Rodriguez
Miguel A. Rodriguez
financial_writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.