I turned bullish on Alibaba Group Holding Limited (NYSE:BABA) after its FY 2024 Q2 earnings report (“ER”). Shortly after the ER (on November 19, 2024, to be exact), I published an article entitled ...
Yet, Alibaba management utilized just $0.8B to buy back shares in FQ2 at an average price of about $114.3. It represents a clear slowdown from the aggressive share buyback cadence between March and ...
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Alibaba Group Holding BABA released its third-quarter earnings report on Nov. 15. Here’s Morningstar’s take on Alibaba’s earnings and stock. With its 3-star rating, we believe Alibaba’s stock is ...
Alibaba’s adjusted EBITA declined 78% sequentially in the September quarter. It guided cloud revenue year-on-year growth will be “high,” instead of “accelerating,” in the coming quarters and that ...
Alibaba's e-commerce empire may no longer be the company's biggest growth story. Instead, artificial intelligence and cloud ...
In the ever-evolving landscape of global e-commerce, Alibaba Group BABA and Amazon.com AMZN continue to dominate the digital marketplace. Both companies have transformed shopping habits across ...
Alibaba shares climbed after the company posted stronger-than-expected quarterly revenue driven by gains in its AI-powered cloud division. The stock closed at $160.73, up 5.10%, and moved to $165.85 ...
Alibaba's U.S. listed-shares have quietly risen nearly 60% this year, adding more than $100 billion to the company's valuation. It's a turnaround from the last few years, which have seen the ...