Latest news with #Ma


CNBC
3 hours ago
- Business
- CNBC
This AI-powered software stock could jump another 25%, Guggenheim says
AI-powered Dynatrace is a turnaround story that's building on a strong start to the current fiscal year that ends next March, according to Guggenheim Securities. Analysts led by Howard Ma upgraded shares to buy from neutral and introduced a $66 price target. That implies the stock — down this year but ahead nearly 20% in the past three months — could gain another 25.5% over the next 12 months. Dynatrace, a Boston-based developer of software intelligence platforms, is scheduled to report fiscal first-quarter results on July 30, according to FactSet data. Ma's upgrade is "based on increased confidence that key catalysts for Dynatrace's business are gaining momentum, coupled with a favorable model setup," he said in a Wednesday note to clients. "We believe DT can grow at least mid-teens over the next several years making for a sustainable Rule of 45+ company that stands to benefit from secular tailwinds," Ma said, adding that he expects the company to modestly raise its fiscal year 2026 guidance when it reports results. Dynatrace offers AI-enhanced analytics and automation to help clients monitor and optimize app performance, software development, cyber security practices and other systems infrastructure. DT 1Y mountain Dynatrace performance over the past year. According to Ma, Dynatrace's log management business should power earnings growth well into next year. Improved seasonal trends that began in April could also help drive additional upside, Guggenheim argued, adding that the company is seeing large enterprise customers begin to consolidate more tools on its platform, contributing to subscriptions growth. "Dynatrace's core APM products have been benefiting from continued application modernization, including new app development," Ma said, referring to Application Performance Management. "With a significant percentage of customers now on [Dynatrace Platform Subscription], the collective usage expansion is driving overages and early renewals, which partners say is driving significant deal size uplifts, with some in the 30-50% range (after rate card discounts), and in some cases even doubling."


Time of India
2 days ago
- Business
- Time of India
Watch: Jack Ma is trending again, and this time it's for riding a bicycle
A short video clip has reignited global curiosity about Jack Ma . The Alibaba co-founder, once among the most prominent business figures in China, was filmed riding a bicycle through the quiet streets of Hangzhou. The video, shared on 17 July by X user Dott. Orikron, shows Ma dressed in sportswear, pedalling without any security around him. 'Jack Ma was spotted riding his bicycle in Hangzhou,' Orikron wrote. 'Although he has retained his position as CEO, his story reminds me of China's Last Emperor, who was pardoned after the revolution (despite collaborating with the Japanese) and became a simple gardener.' Explore courses from Top Institutes in Select a Course Category Artificial Intelligence others Data Science MCA Technology Finance Management Leadership Degree Others Operations Management healthcare CXO MBA Public Policy Cybersecurity Product Management Digital Marketing Data Science Design Thinking Data Analytics Healthcare Project Management Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details The comparison to Emperor Puyi struck a chord online. One user wrote, 'Simplicity at its peak,' while another said, 'Alas, look how happy and free he is.' A third remarked, 'A simple gardener with billions in the bank – is China so safe that billionaires like him don't need bodyguards?' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Morocco: Unsold Sofas May Be at Bargain Prices (Prices May Surprise You) Sofas | Search Ads Search Now Undo — orikron (@orikron) Reactions from the street and the screen According to Hype Malaysia, the original video was posted by a user on XiaoHongShu who claimed to have run into Ma at West Lake. She wrote, 'I came to West Lake with my friends and ran into Jack Ma! He was wearing sportswear!' She also noted that Ma confirmed his identity when asked. Live Events The relaxed scene drew a range of responses. Some admired his laid-back approach. Others raised concerns. One user on X questioned, 'Dangerous to be biking at night.' Another said, 'Unless he can give an interview and have people vouch he is alive, have to assume bad things happened to him.' The buzz reflects not just curiosity but also deep public memory of Ma's long silence. What happened to Jack Ma? Jack Ma has been mostly out of sight since October 2020. That was when he made a public speech criticising China's financial regulators. He compared state-owned banks to pawn shops and questioned the country's financial systems. According to a report in The Wall Street Journal, his comments did not sit well with President Xi Jinping. The response was swift and severe. Chinese authorities suspended Ant Group 's $37 billion IPO, a move that shocked markets globally. An investigation into Alibaba followed, wiping more than $100 billion off its market valuation. Ma, once omnipresent in business forums and media, simply vanished. His sudden withdrawal triggered months of speculation, conspiracy theories and international headlines. Public sightings were rare, often unconfirmed. Many assumed he was under house arrest or had been forced into silence. Earlier this year, Ma was seen at a high-level meeting with President Xi and other business leaders. It was the first clear sign that relations between China's tech sector and the government might be warming. His recent cycling trip, while personal and informal, could be part of that same slow re-entry into public life. As of July 2025, Ma's net worth stands at $26.5 billion, according to Forbes. Though he stepped down as Alibaba's executive chairman in 2019, he remains one of the company's largest shareholders. From rejection to riches Jack Ma's story isn't typical of China's business elite. Before founding Alibaba, he faced rejection after rejection. He applied for dozens of jobs, including one at KFC. Of 24 applicants, he was the only one not hired. Eventually, he became an English teacher. He taught himself English by offering free city tours to tourists in Hangzhou. For nine years, he cycled 70 miles every morning to the Shangri-La Hotel just to practise the language. His first ventures failed. Haibo Translation Agency didn't last. China Pages didn't succeed either. But in 1999, he gathered 17 friends in his apartment and pitched a new idea: Alibaba. With no funding and no tech background, Ma focused on customer experience. His motto was simple: customers first, employees second, investors last. The idea was mocked. But by 2000, he secured a $20 million investment from SoftBank, led by Masayoshi Son. That changed everything. Alibaba went on to reshape China's e-commerce and digital payment landscape. By 2022, the company became Asia's first to cross a $500 billion market valuation. Ma, once written off as unqualified and unworthy, became one of the richest people in the world.


Mint
3 days ago
- Politics
- Mint
Is this Jack Ma? Billionaire and Alibaba co-founder seen riding bicycle in China's Hangzhou — Viral video
In a viral video that has captivated millions across X(formerly twitter), billionaire co-founder of Alibaba, Jack Ma was recently spotted enjoying a bicycle ride on the empty streets of Hangzhou. The footage recorded by a woman and posted by an X user named Dott Orikon, shows Ma, known globally for his entrepreneurial prowess, pedaling casually without any visible security around him. Posted the video, an X user said, 'Although he has retained his position as CEO, his story reminds me of China's Last Emperor, who was pardoned after the revolution (despite collaborating with the Japanese) and became a simple gardener.' This statement compares Jack Ma to Puyi, China's last emperor. Puyi after losing his imperial power and even collaborating with the Japanese, was eventually pardoned and lived his remaining life humbly by being a gardener. The video garnered attention from several X users. Some people raised concerns about his safety as he was seen riding on the roads alone at night. The road also appeared quite empty in the posted video. A user also questioned China's safety, by stating, 'A simple gardener with billions in the bank, is China so safe that billionaires like him don't need body guards?' X user comment on the post While another user mirrored this concern and said, 'Dangerous to be biking at night.' Some users also questioned his sudden disappearance, adding in their theories. A user fueled this thought by stating, 'Unless he can give an interview and have people vouch he is alive, have to assume bad things happened to him.' Another person said, 'I thought he has disappeared. When did he reappear in public and why did he go missing for a while?' All the questions about Jack Ma's disappearance emerged after he started maintaining extremely low public life in late 2020 following regulatory crackdowns in China. His reduced visibility was also fueled by his critical comments on China's financial system. Ma lost more than half of his fortune after the incident, which also caused the suspension of Ant Group's IPO where he had 9.9% stake, according to CNN.


Mint
3 days ago
- Politics
- Mint
Is this Jack Ma? Billionaire and Alibaba co-founder seen riding bicycle in China's Hangzhou — Viral video
In a viral video that has captivated millions across X(formerly twitter), billionaire co-founder of Alibaba, Jack Ma was recently spotted enjoying a bicycle ride on the empty streets of Hangzhou. The footage recorded by a woman and posted by an X user named Dott Orikon, shows Ma, known globally for his entrepreneurial prowess, pedaling casually without any visible security around him. Posted the video, an X user said, 'Although he has retained his position as CEO, his story reminds me of China's Last Emperor, who was pardoned after the revolution (despite collaborating with the Japanese) and became a simple gardener.' This statement compares Jack Ma to Puyi, China's last emperor. Puyi after losing his imperial power and even collaborating with the Japanese, was eventually pardoned and lived his remaining life humbly by being a gardener. The video garnered attention from several X users. Some people raised concerns about his safety as he was seen riding on the roads alone at night. The road also appeared quite empty in the posted video. A user also questioned China's safety, by stating, 'A simple gardener with billions in the bank, is China so safe that billionaires like him don't need body guards?' X user comment on the post While another user mirrored this concern and said, 'Dangerous to be biking at night.' Some users also questioned his sudden disappearance, adding in their theories. A user fueled this thought by stating, 'Unless he can give an interview and have people vouch he is alive, have to assume bad things happened to him.' Another person said, 'I thought he has disappeared. When did he reappear in public and why did he go missing for a while?' All the questions about Jack Ma's disappearance emerged after he started maintaining extremely low public life in late 2020 following regulatory crackdowns in China. His reduced visibility was also fueled by his critical comments on China's financial system. Ma lost more than half of his fortune after the incident, which also caused the suspension of Ant Group's IPO where he had 9.9% stake, according to CNN. He resigned as the CEO of Alibaba in 2013 and executive chairman in 2019 as he continued to be the largest shareholder of the company.


NDTV
3 days ago
- Business
- NDTV
Jack Ma Spotted Riding Bicycle On Chinese Streets, Internet Says, "Simplicity At Its Peak"
Billionaire and Alibaba co-founder Jack Ma was recently seen riding a bicycle through the streets of Hangzhou, China. A video of his rare appearance went viral on social media, with users praising his "simplicity". Watch the video here: Jack Ma was spotted riding his bicycle bicycle in Hangzhou. Although he has retained his position as CEO, his story reminds me of China's Last Emperor, who was pardoned after the revolution (despite collaborating with the Japanese) and became a simple gardener. — Dott. Orikron 🇵🇹 (@orikron) July 18, 2025 The video was shared on X (formerly Twitter) on July 17 by user Dott. Orikron. "Jack Ma was spotted riding his bicycle in Hangzhou," the user wrote in the caption. "Although he has retained his position as CEO, his story reminds me of China's Last Emperor, who was pardoned after the revolution (despite collaborating with the Japanese) and became a simple gardener." "Simplicity at its peak," one user wrote. While another said, "Alas, look how happy and free he is." A third user wrote, "A simple gardener with billions in the bank - is China so safe that billionaires like him don't need bodyguards?" As per a report by Hype Malaysia, the video was first uploaded by a XiaoHongShu user, who revealed that she ran into Ma when she was with friends at the park. The user reportedly said, "I came to West Lake (in Hangzhou with my friends and ran into Jack Ma! He was wearing sportswear!" The Alibaba co-founder confirmed his identity when asked by the woman. Jack Ma's recent appearance Ma had kept a low profile since 2020, following a public criticism of China's financial regulators, which led to a crackdown on Alibaba and Ant Group. However, his recent appearances suggest a possible reconciliation between the Chinese government and the tech industry. Earlier this year, in February, Ma attended a high-profile meeting with Chinese President Xi Jinping and other business leaders. His reappearance is seen as an effort to revive investor confidence in China's struggling economy. His net worth stands at about $26.5 billion as of July 2025, according to Forbes. He stepped down as Alibaba's executive chairman in 2019.