Alibaba

Alibaba Group Holding Limited (NYSE: BABA) shares dropped premarket after reports surfaced regarding the company moving its headquarters out of the country.

Amazon.com: The e-commerce giant raised the minimum price for free online grocery delivery. Shares in Amazon, [which is due to report results T.

GE HealthCare stock slipped 1.5% premarket.\n\nWhirlpool: The appliance maker, which recently agreed to divest much of its European business, is due to report after Monday’s close, as is the investment-management company Principal Financial. Shares in Amazon, which is due to report results Thursday, slipped 0.6% ahead of the opening bell.\n\nLucid: The electric-vehicle maker’s stock surged 43% Friday. It built on that rally in premarket trading Monday, advancing more than 7%.\n\nIntel: The chip maker's stock remained under pressure after Friday's selloff, slipping another 1.6% premarket Monday.

Alibaba shares slumped more than 5% Monday as reports surfaced about the Internet and e-commerce giant possibly looking at moving it headquarters to China ...

[BABA](https://seekingalpha.com/symbol/BABA)) was the poster child for companies being under the thumb of Beijing as the Chinese government implemented large-scale crackdown upon many of China's leading businesses due to the competitive practices and use of consumers' data. Alibaba ( Alibaba (NYSE:

BABA stock, along with JD stock, tumbled on reports that the two China e-commerce companies were planning strategic moves.

JD stock also plunged 6.1% to 59.83 on the [stock market today](https://www.investors.com/news/stock-market-today-market-trends-best-stocks-buy-watch/). The company acknowledged that it's building a new campus in Singapore, but said the facility would be used to house regional operations. Despite the fall, BABA stock stayed above its 50-day moving average while JD stock flirted with it. [stock market toda](https://www.investors.com/news/stock-market-today-market-trends-best-stocks-buy-watch/)y. [How To Know It's Time To Sell Your Favorite Stock](https://www.investors.com/how-to-invest/investors-corner/when-to-sell-stocks-big-break-below-50-day-line-can-mark-end-of-a-huge-run/) [Why Earnings Growth Is Crucial Part Of Winning Stocks](https://www.investors.com/how-to-invest/investing-podcast/) [Become A Top Investor With Leaderboard Stock Ideas](https://www.investors.com/product/leaderboard/?artProdLink=Leaderboard) [Catch The Next Big Winning Stock With MarketSmith Research Tools](https://www.investors.com/product/marketsmith/?artProdLink=MarketSmith) [Unlock Premium Stock Lists, Investing Tools And Anal](https://www.investors.com/product/ibd-digital/?artProdLink=IBD_Digital) [@IBD_BDeagon](https://twitter.com/IBD_BDeagon) for more on tech stocks, analysis and financial markets. [BIDU](https://research.investors.com/quote.aspx?symbol=BIDU)) dipped 0.4% to 138.48 on news it will soon launch an AI chatbot like OpenAI's ChatGPT. [AMZN](https://research.investors.com/quote.aspx?symbol=AMZN)) is moving its headquarters out of the country to Singapore. [BABA](https://research.investors.com/quote.aspx?symbol=BABA)) and JD.com ( [JD](https://research.investors.com/quote.aspx?symbol=JD)) — tumbled Monday as reports said the two planned strategic moves that investors apparently rejected. BABA stock dropped on speculation about whether China's equivalent of Amazon.com (