Macro Finance
Alibaba Higher on Chip News; On Holdings Football Move | Stock Movers
Bloomberg Markets·September 22, 2026·1 min read
Alibaba (BABA) shares rose after rolling out what it calls China's most powerful AI chip and announcing plans to expand data center capacity. ON Holdings (ONON) gained on high-teens sales growth outlook as it enters golf and football. Viking Therapeutics (VKTX) surged after its obesity drug VK2735 maintained up to 97% weight loss versus 61% for placebo in a study.
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