Baba stock why going down

Post-Bell | U.S. Stocks Slip; Broadcom Jumps on AI Outlook; Berkshire Resumes Buybacks; U.S. Mulls Global AI Chip Export Permits

After China Internet Plunge, Can Tactical Rebound Last Longer?

KWEB has plunged into extreme oversold territory, with its RSI dipping below 20—a level seen only a handful of times in the last decade. Historically, every time KWEB has hit this level of "maximum panic," the index has delivered positive returns within the following twond weeks. The current sell-off has spared no one: Alibaba has retreated 26% from its yearly high of $177 to $129, while tech giants Tencent and Meituan have both corrected by 20% to 30%. Is "RSI < 20" signal a reliable bottom for KWEB? With PDD and Tencent nearing key support levels, is this "Buy the Fear" moment for 2026?

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Historically, every time KWEB has hit this level of \"maximum panic,\" the index has delivered positive returns within the following twond weeks. The current sell-off has spared no one: Alibaba has retreated 26% from its yearly high of $177 to $129, while tech giants Tencent and Meituan have both corrected by 20% to 30%.\nIs \"RSI < 20\" signal a reliable bottom for KWEB? With PDD and Tencent nearing key support levels, is this \"Buy the Fear\" moment for 2026?","image":"https://community-static.tradeup.com/news/2a135892a2392556d5ee6038f6863127"}],"images":[],"coverImages":[],"title":"","html":"<html><head></head><body>Baba stock why going down&nbsp;</body></html>","htmlText":"<html><head></head><body>Baba stock why going down&nbsp;</body></html>","text":"Baba stock why going down","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/539582847603152","repostId":1112501220,"repostType":2,"repost":{"id":"1112501220","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1772755200,"share":"https://ttm.financial/m/news/1112501220?lang=en_US&edition=fundamental","pubTime":"2026-03-06 08:00","market":"us","language":"en","title":"Post-Bell | U.S. Stocks Slip; Broadcom Jumps on AI Outlook; Berkshire Resumes Buybacks; U.S. Mulls Global AI Chip Export Permits","url":"https://stock-news.laohu8.com/highlight/detail?id=1112501220","media":"Tiger Newspress","summary":"01 Stock MarketAs of Mar 6, the U.S. major indexes closed as follows:The U.S. major indexes closed as follows: Dow Jones down 1.61% at 47954.74; S&P 500 down 0.56% at 6830.71; NASDAQ down 0.26% at...","content":"<html><head></head><body><h2 id=\"id_3342087667\">01 Stock Market</h2>As of Mar 6, the U.S. major indexes closed as follows:The U.S. major indexes closed as follows: Dow Jones down 1.61% at 47954.74; S&amp;P 500 down 0.56% at 6830.71; NASDAQ down 0.26% at 22748.99. The pullback reflected pressure in select megacaps and semiconductors, while several AI and software names posted gains amid ongoing rotation.Unusual-move stocks showed diverging performance across AI, software, and consumer tech. AVGO up 4.80% at $332.77; MSFT up 1.35% at $410.68; AMZN up 0.98% at $218.94; NVDA up 0.16% at $183.34; AAPL down 0.85% at $260.29; AMD down 1.30% at $199.45; TSLA down 0.10% at $405.55; GOOG down 0.84% at $300.91; TTD up 18.36% at $29.79; COIN down 1.54% at $205.71; SOXL down 3.21% at $54.80; AGQ down 2.65% at $145.96.Chinese and Asia-linked names were broadly weaker: BILI down 7.09% at $25.55; BABA down 2.19% at $130.35; HSAI down 6.35% at $23.75; TME down 4.74% at $13.47; TSM down 1.00% at $353.86; EWY down 6.42% at $125.74. Key ETFs also eased: SPY down 0.56% at $681.31; QQQ down 0.30% at $608.91; TQQQ down 0.92% at $49.80; while SQQQ rose 0.92% at $70.26.<img src=\"https://community-static.tradeup.com/news/ea7aa0aa3baf8eb58fbe5ce886df4aa5\" tg-width=\"1080\" tg-height=\"1920\"/><h2 id=\"id_2021906702\">02 Other Markets</h2>U.S. 10-year Treasury yield rose by 0.00%, latest at 4.15.USD/CNH rose 0.00%, at 6.89; USD/HKD fell 0.0090%, at 7.82.U.S. Dollar Index fell 0.0131%, at 99.05.WTI crude futures fell 1.93%, at 79.45 USD/bbl; COMEX gold futures rose 0.47%, at 5102.70 USD/oz.<h2 id=\"id_3915219311\">03 Top News</h2>1. U.S. officials considered requiring permits for global AI chip exports, positioning Washington as gatekeeper. Draft rules would make companies seek Commerce Department approval to export accelerators from Nvidia and AMD, with stricter reviews for larger clusters. The framework could slow deployments or impose conditions such as disclosures and site visits, potentially affecting projects exceeding 200,000 GPUs.2. Costco beat comparable sales estimates, highlighting resilient value-focused demand. The company reported same-store sales (ex-gas) up 6.7% and net income near $2.04 billion, supported by essentials and discretionary items. Management said potential tariff refunds would be used to lower prices and enhance value for members.3. Gap guided annual adjusted profit largely below estimates as tariffs pressured margins. The retailer forecast EPS of $2.20–$2.35 versus an average estimate near $2.32, and cited about 200 bps gross-margin impact from import duties. Shares fell in recent trading as consumers reduced discretionary purchases and sought discounts.4. Marvell forecast first-quarter revenue above expectations on AI-driven data center demand. Guidance was around $2.40 billion (±5%), surpassing consensus, with bookings described as strong. The company emphasized photonic fabrics following the $3.25 billion Celestial AI deal and noted accelerating year-over-year growth ahead.5. Berkshire Hathaway resumed share repurchases, with CEO Greg Abel buying Class A shares. Buybacks restarted recently after a multi-quarter pause, supporting long-term value creation and potential cash deployment. Abel purchased 21 Class A shares for about $15 million and now holds 249 shares valued near $182 million.6. Ciena delivered an earnings beat and raised full-year guidance, yet shares slipped on lofty expectations. Adjusted EPS reached $1.35 versus $1.17 consensus, with revenue at $1.43 billion up 33% year over year. Full-year revenue was lifted to $5.9–$6.3 billion, amid demand tied to AI-related networking.7. Investor Leo Koguan bought about one million Nvidia shares, signaling confidence in AI’s trajectory. The purchase was estimated near $180 million, and he said he plans to invest more, calling AI foundational. Nvidia shares fluctuated as competition from custom silicon and TPUs drew investor attention.8. The U.S. Labor Department reported weekly initial jobless claims of 213K, slightly better than expectations. The figure compared with an estimate of 215K, while the prior reading was revised to 213K. The data suggested ongoing labor-market resilience despite broader macro uncertainties.9. Morgan Stanley planned to cut around 3% of its workforce to streamline costs. The reduction equals roughly 2,500 roles across core divisions, reflecting margin discipline. The action aligns with capital and cycle considerations as firms adjust investment priorities.10. Broadcom reported strong results and signaled over $100 billion in AI chip sales next year. AI revenue more than doubled and management guided well above consensus, pointing to rapid share gains in custom silicon. Shares rose in recent trading as investors reacted to the AI growth trajectory.Sources: Reuters, Dow Jones, Tiger Newspress, public market dataDisclaimer: This content is for reference only and does not constitute investment advice.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Post-Bell | U.S. Stocks Slip; Broadcom Jumps on AI Outlook; Berkshire Resumes Buybacks; U.S. Mulls Global AI Chip Export Permits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPost-Bell | U.S. Stocks Slip; Broadcom Jumps on AI Outlook; Berkshire Resumes Buybacks; U.S. Mulls Global AI Chip Export Permits\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nTiger Newspress \n2026-03-06 08:00\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h2 id=\"id_3342087667\">01 Stock Market</h2>As of Mar 6, the U.S. major indexes closed as follows:The U.S. major indexes closed as follows: Dow Jones down 1.61% at 47954.74; S&amp;P 500 down 0.56% at 6830.71; NASDAQ down 0.26% at 22748.99. The pullback reflected pressure in select megacaps and semiconductors, while several AI and software names posted gains amid ongoing rotation.Unusual-move stocks showed diverging performance across AI, software, and consumer tech. AVGO up 4.80% at $332.77; MSFT up 1.35% at $410.68; AMZN up 0.98% at $218.94; NVDA up 0.16% at $183.34; AAPL down 0.85% at $260.29; AMD down 1.30% at $199.45; TSLA down 0.10% at $405.55; GOOG down 0.84% at $300.91; TTD up 18.36% at $29.79; COIN down 1.54% at $205.71; SOXL down 3.21% at $54.80; AGQ down 2.65% at $145.96.Chinese and Asia-linked names were broadly weaker: BILI down 7.09% at $25.55; BABA down 2.19% at $130.35; HSAI down 6.35% at $23.75; TME down 4.74% at $13.47; TSM down 1.00% at $353.86; EWY down 6.42% at $125.74. Key ETFs also eased: SPY down 0.56% at $681.31; QQQ down 0.30% at $608.91; TQQQ down 0.92% at $49.80; while SQQQ rose 0.92% at $70.26.<img src=\"https://community-static.tradeup.com/news/ea7aa0aa3baf8eb58fbe5ce886df4aa5\" tg-width=\"1080\" tg-height=\"1920\"/><h2 id=\"id_2021906702\">02 Other Markets</h2>U.S. 10-year Treasury yield rose by 0.00%, latest at 4.15.USD/CNH rose 0.00%, at 6.89; USD/HKD fell 0.0090%, at 7.82.U.S. Dollar Index fell 0.0131%, at 99.05.WTI crude futures fell 1.93%, at 79.45 USD/bbl; COMEX gold futures rose 0.47%, at 5102.70 USD/oz.<h2 id=\"id_3915219311\">03 Top News</h2>1. U.S. officials considered requiring permits for global AI chip exports, positioning Washington as gatekeeper. Draft rules would make companies seek Commerce Department approval to export accelerators from Nvidia and AMD, with stricter reviews for larger clusters. The framework could slow deployments or impose conditions such as disclosures and site visits, potentially affecting projects exceeding 200,000 GPUs.2. Costco beat comparable sales estimates, highlighting resilient value-focused demand. The company reported same-store sales (ex-gas) up 6.7% and net income near $2.04 billion, supported by essentials and discretionary items. Management said potential tariff refunds would be used to lower prices and enhance value for members.3. Gap guided annual adjusted profit largely below estimates as tariffs pressured margins. The retailer forecast EPS of $2.20–$2.35 versus an average estimate near $2.32, and cited about 200 bps gross-margin impact from import duties. Shares fell in recent trading as consumers reduced discretionary purchases and sought discounts.4. Marvell forecast first-quarter revenue above expectations on AI-driven data center demand. Guidance was around $2.40 billion (±5%), surpassing consensus, with bookings described as strong. The company emphasized photonic fabrics following the $3.25 billion Celestial AI deal and noted accelerating year-over-year growth ahead.5. Berkshire Hathaway resumed share repurchases, with CEO Greg Abel buying Class A shares. Buybacks restarted recently after a multi-quarter pause, supporting long-term value creation and potential cash deployment. Abel purchased 21 Class A shares for about $15 million and now holds 249 shares valued near $182 million.6. Ciena delivered an earnings beat and raised full-year guidance, yet shares slipped on lofty expectations. Adjusted EPS reached $1.35 versus $1.17 consensus, with revenue at $1.43 billion up 33% year over year. Full-year revenue was lifted to $5.9–$6.3 billion, amid demand tied to AI-related networking.7. Investor Leo Koguan bought about one million Nvidia shares, signaling confidence in AI’s trajectory. The purchase was estimated near $180 million, and he said he plans to invest more, calling AI foundational. Nvidia shares fluctuated as competition from custom silicon and TPUs drew investor attention.8. The U.S. Labor Department reported weekly initial jobless claims of 213K, slightly better than expectations. The figure compared with an estimate of 215K, while the prior reading was revised to 213K. The data suggested ongoing labor-market resilience despite broader macro uncertainties.9. Morgan Stanley planned to cut around 3% of its workforce to streamline costs. The reduction equals roughly 2,500 roles across core divisions, reflecting margin discipline. The action aligns with capital and cycle considerations as firms adjust investment priorities.10. Broadcom reported strong results and signaled over $100 billion in AI chip sales next year. AI revenue more than doubled and management guided well above consensus, pointing to rapid share gains in custom silicon. Shares rose in recent trading as investors reacted to the AI growth trajectory.Sources: Reuters, Dow Jones, Tiger Newspress, public market dataDisclaimer: This content is for reference only and does not constitute investment advice.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112501220","content_text":"01 Stock MarketAs of Mar 6, the U.S. major indexes closed as follows:The U.S. major indexes closed as follows: Dow Jones down 1.61% at 47954.74; S&P 500 down 0.56% at 6830.71; NASDAQ down 0.26% at 22748.99. The pullback reflected pressure in select megacaps and semiconductors, while several AI and software names posted gains amid ongoing rotation.Unusual-move stocks showed diverging performance across AI, software, and consumer tech. AVGO up 4.80% at $332.77; MSFT up 1.35% at $410.68; AMZN up 0.98% at $218.94; NVDA up 0.16% at $183.34; AAPL down 0.85% at $260.29; AMD down 1.30% at $199.45; TSLA down 0.10% at $405.55; GOOG down 0.84% at $300.91; TTD up 18.36% at $29.79; COIN down 1.54% at $205.71; SOXL down 3.21% at $54.80; AGQ down 2.65% at $145.96.Chinese and Asia-linked names were broadly weaker: BILI down 7.09% at $25.55; BABA down 2.19% at $130.35; HSAI down 6.35% at $23.75; TME down 4.74% at $13.47; TSM down 1.00% at $353.86; EWY down 6.42% at $125.74. Key ETFs also eased: SPY down 0.56% at $681.31; QQQ down 0.30% at $608.91; TQQQ down 0.92% at $49.80; while SQQQ rose 0.92% at $70.26.02 Other MarketsU.S. 10-year Treasury yield rose by 0.00%, latest at 4.15.USD/CNH rose 0.00%, at 6.89; USD/HKD fell 0.0090%, at 7.82.U.S. Dollar Index fell 0.0131%, at 99.05.WTI crude futures fell 1.93%, at 79.45 USD/bbl; COMEX gold futures rose 0.47%, at 5102.70 USD/oz.03 Top News1. U.S. officials considered requiring permits for global AI chip exports, positioning Washington as gatekeeper. Draft rules would make companies seek Commerce Department approval to export accelerators from Nvidia and AMD, with stricter reviews for larger clusters. The framework could slow deployments or impose conditions such as disclosures and site visits, potentially affecting projects exceeding 200,000 GPUs.2. Costco beat comparable sales estimates, highlighting resilient value-focused demand. The company reported same-store sales (ex-gas) up 6.7% and net income near $2.04 billion, supported by essentials and discretionary items. Management said potential tariff refunds would be used to lower prices and enhance value for members.3. Gap guided annual adjusted profit largely below estimates as tariffs pressured margins. The retailer forecast EPS of $2.20–$2.35 versus an average estimate near $2.32, and cited about 200 bps gross-margin impact from import duties. Shares fell in recent trading as consumers reduced discretionary purchases and sought discounts.4. Marvell forecast first-quarter revenue above expectations on AI-driven data center demand. Guidance was around $2.40 billion (±5%), surpassing consensus, with bookings described as strong. The company emphasized photonic fabrics following the $3.25 billion Celestial AI deal and noted accelerating year-over-year growth ahead.5. Berkshire Hathaway resumed share repurchases, with CEO Greg Abel buying Class A shares. Buybacks restarted recently after a multi-quarter pause, supporting long-term value creation and potential cash deployment. Abel purchased 21 Class A shares for about $15 million and now holds 249 shares valued near $182 million.6. Ciena delivered an earnings beat and raised full-year guidance, yet shares slipped on lofty expectations. Adjusted EPS reached $1.35 versus $1.17 consensus, with revenue at $1.43 billion up 33% year over year. Full-year revenue was lifted to $5.9–$6.3 billion, amid demand tied to AI-related networking.7. Investor Leo Koguan bought about one million Nvidia shares, signaling confidence in AI’s trajectory. The purchase was estimated near $180 million, and he said he plans to invest more, calling AI foundational. Nvidia shares fluctuated as competition from custom silicon and TPUs drew investor attention.8. The U.S. Labor Department reported weekly initial jobless claims of 213K, slightly better than expectations. The figure compared with an estimate of 215K, while the prior reading was revised to 213K. The data suggested ongoing labor-market resilience despite broader macro uncertainties.9. Morgan Stanley planned to cut around 3% of its workforce to streamline costs. The reduction equals roughly 2,500 roles across core divisions, reflecting margin discipline. The action aligns with capital and cycle considerations as firms adjust investment priorities.10. Broadcom reported strong results and signaled over $100 billion in AI chip sales next year. AI revenue more than doubled and management guided well above consensus, pointing to rapid share gains in custom silicon. Shares rose in recent trading as investors reacted to the AI growth trajectory.Sources: Reuters, Dow Jones, Tiger Newspress, public market dataDisclaimer: This content is for reference only and does not constitute investment advice.","news_type":1,"symbols_score_info":{".SPX":1,".DJI":1,".IXIC":1}},"isVote":1,"tweetType":1,"viewCount":45,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":21,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/539582847603152"}