Why Are AliBaba Shares Rising Today? $BABA

Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.

Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:

$DELL $LULU $AVGO $BABA $EOSE

• Dell Technologies Inc. (NYSE:DELL) reported better-than-expected second-quarter results and raised its outlook for the year. Dell shares climbed 8.3% to $60.92 in the after-hours trading session.
• Lululemon Athletica Inc. (NASDAQ:LULU) reported upbeat earnings for its second quarter and boosted its annual forecast. Lululemon shares gained 1.5% to $387.00 in the after-hours trading session.
• Broadcom Inc. (NASDAQ:AVGO) posted upbeat earnings for its third quarter, but issued weak forecast for the current quarter. Broadcom shares fell 4.6% to $880.08 in the after-hours trading session.
• What's Going On With Alibaba Stock Friday? Alibaba Group Holding Limited (NYSE:BABA) stock is trading higher Friday in line with the broader indexes IShares China Large-Cap ETF (NYSE:FXI) and KraneShares Trust KraneShares CSI China Internet ETF (NYSE:KWEB) as China’s factory activity for August expanded.
• Eos Energy Enterprises Inc (NASDAQ:EOSE) shares are surging 55% in premarket trade after it launched Project AMAZE, American Made Zinc Energy, a $500 million planned expansion to build 8 GWh of clean energy storage production capacity.

Hosts:

Michael O'Connor , Benzinga Newsdesk

Reach out to Michael at michaeloconnor@benzinga.com

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