In Q2 2026, Baird's Chautauqua International Growth Fund returned +10.39%, trailing the MSCI ACWI ex-U.S. Index's +14.49%. Key detractors included Alibaba and Lululemon, while Recruit and ASML contributed positively. The Global Growth Fund also lagged, returning +12.18% against MSCI ACWI's +14.93%, with Regeneron and TJX detracting and Micron and ASML aiding performance. These results highlight challenges in stock selection amid global market conditions.
US AI companies Anthropic and OpenAI have accused Chinese firms, including Alibaba, of illegally copying advanced AI technology through a method called "distillation," which allows cheaper and faster AI model development. This practice threatens US d...
Astrada Advisors has increased its valuation range for Alibaba to $144-$165 per share, up from $128-$148, due to shrinking losses in Alibaba's Quick Commerce segment and strong momentum in AI and cloud services. The Quick Commerce unit is nearing bre...
Alibaba shares surged over 11% following UBS analysts' positive growth outlook, boosting the Global X NYSE 100 ETF. Investors are closely watching developments in the Middle East and recent Federal Reserve minutes for market direction. Additionally, ...
