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JPMorgan Chase lowered its price target for Alibaba (BABA.N) from $210 to $200.

2026-10-12

JPMorgan Chase lowered its price target for Alibaba (BABA.N) from $210 to $200.

Other News
2026-10-12

Oct 12 — Users reported DeepSeek's chat function failing with repeated "server busy" and "message generating" prompts, preventing conversations. DeepSeek's service-status page said the web/App conversation service was "partially interrupted" and is u

Oct 12 — Users reported DeepSeek's chat function failing with repeated "server busy" and "message generating" prompts, preventing conversations. DeepSeek's service-status page said the web/App conversation service was "partially interrupted" and is under investigation; the page later indicated service had been restored. Third-party monitors show the fault began this morning and was still ongoing at the time of reporting; impact limited to web and app chat. Affected users were advised to retry later or monitor the official status page for updates.
2026-10-12

DBS Group CEO Chen Shushan said markets are reassessing risks tied to AI infrastructure investment, which could lead to tighter financing discipline as investors demand higher returns and scrutinize deal structures. Markets are testing whether large

DBS Group CEO Chen Shushan said markets are reassessing risks tied to AI infrastructure investment, which could lead to tighter financing discipline as investors demand higher returns and scrutinize deal structures. Markets are testing whether large AI capex will deliver sufficient long-term returns to repay debt, bonds or equity; DBS warned some weaker firms may face credit-rating downgrades but called the repricing healthy for ensuring sustainable, profitable AI investment. DBS said it has participated in about $20bn of AI-related transactions this year, mainly as lead arranger on syndicated loans while retaining only a small share of the risk.
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