Alibaba won a preliminary injunction against a Pentagon lobbying rule. Legal reprieve, not a fundamental fix, but removing a regulatory overhang helps sentiment on the tape. $BABA

What happened: A US federal judge granted Alibaba a preliminary injunction blocking a restriction that had driven away its Washington lobbyists, finding the company was likely to succeed on free-speech grounds. Why it matters: The ruling blocks a measure that effectively forced lobbying firms to choose between representing Alibaba and clients seeking Pentagon work, and the judge found the government's evidence insufficient.

Alibaba secured a preliminary injunction against a Pentagon lobbying rule.

Alibaba secured a preliminary injunction against a Pentagon lobbying rule. — impact context not separately stored; see What changed.