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Alibaba Stock Drops Despite Higher-than-Estimated Profit
Alibaba’s stock turns lower as investments to meet AI demand hurt profitability
Alibaba’s stock jumps after a profit beat, with the AI business extending its streak of triple-digit percentage growth.
Alibaba Stock Drops Despite Higher-than-Estimated Profit; Sales Disappoint
Alibaba Group shares traded in the U.S. were lower in Friday morning trading after the Chinese ecommerce giant posted higher-than-expected quarterly earnings but revenue was lower than Wall Street anticipated.
Alibaba Stock Falls On Mixed Quarter. AI Growth Helps Earnings Beat But Sales Miss.
Alibaba fell early Friday, after the Chinese e-commerce giant reported mixed fiscal second quarter results. Earnings beat estimates but sales came in light, despite strong performances from the company's international retail division and its AI cloud business.
17h
Michael Burry loads up on Alibaba stock: should you buy it too?
Michael Burry increased his stake in Alibaba stock by 30% in Q3. BABA topped profit estimates in its fiscal third quarter on ...
19h
Alibaba's Vast Earnings Beat: I'm Staying Long
Alibaba Group Holding Limited's strong Q2 earnings beat expectations, with solid growth in the cloud segment. Click for an ...
2d
Alibaba's Q2 Earnings Coming Up: Should You Buy or Hold the Stock?
BABA's AI-driven growth, international expansion and strategic cloud pricing create a compelling buy opportunity ahead of Q2 ...
1d
Alibaba Earnings Could Offer Clues On Challenging Climate: Why Bearish Signals Loom Over China Stock
Alibaba investors are hoping for growth in core and cloud divisions despite challenging Chinese market and competition.
1d
on MSN
Alibaba Q2 earnings on deck: What to expect
Alibaba (BABA) is set to release its second quarter results, with Wall Street expecting a decrease in EPS but an increase in ...
20h
on MSN
China’s Alibaba Manages 5% Revenue Advance as Profits Are Lifted by Investment Gains
Alibaba, China’s e-commerce, entertainment and tech giant, reported a 5% increase in revenues in the three months to ...
1d
on MSN
'Big Short' investor Michael Burry boosts Alibaba, Baidu, and JD.com bets as he doubles down on China
Michael Burry's Scion Asset Management ramped up its bets on three Chinese tech giants but also hedged its positions.
13d
If You Invested $10,000 In Alibaba Stock 10 Years Ago, How Much Would You Have Now?
Alibaba Group (NYSE:BABA) provides technology infrastructure and marketing reach to help merchants, brands, retailers and ...
19h
on MSN
What analysts are saying about Alibaba's earnings report
Alibaba Group Holdings ( NYSE: BABA) rose 3% in premarket trading after reporting that its cloud business saw a boost from AI ...
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