To The Moon

SINGAPORE -- Chinese internet titan Alibaba Group Holding once seemed invincible. Now, it is stuck in a slump.The e-commerce giant was a major driver of China's growing consumer economy as it pioneered online shopping in China. Over the years, it also expanded into cloud computing, physical supermarkets and digital entertainment.Now, its grip on online retail is weakening. In recent months, the company lost a long-running chief executive, while a restructuring plan to revive Alibaba has quickly hit roadblocks. That came after Alibaba and Jack Ma, its co-founder, were slammed by Beijing's sweeping regulatory crackdown that started three years ago.In late 2020, just as Alibaba seemed about to chalk up its biggest success -- a public listing of Ant valued at more than $34 billion -- things went sour. Alibaba's enormous size had put it in the crosshairs of Chinese regulators, who started cracking down on the freewheeling expansion in the country's internet sector.

Charlie Munger,who died on Tuesday at age 99, was best known asWarren Buffett’s sidekick, though he was a formidable investor and investment thinker in his own right.Munger first met Buffett in 1959 t

NIO's financial performance continues to deteriorate as margins decline and cash burn remains high.The ongoing price war in the EV industry and China's economic slowdown are unlikely to help NIO impro