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BABA News Highlights
- BABA's 30 day story count now stands at 100.
- Over the past 27 days, BABA's stories per day has been in a clear uptrend, growing by about 0.36 per day.
- ROSE, AMZN and CRM are the most mentioned tickers in articles about BABA.
Latest BABA News From Around the Web
Below are the latest news stories about Alibaba Group Holding Ltd that investors may wish to consider to help them evaluate BABA as an investment opportunity.
Alibaba (NYSE:BABA) delivered third-quarter results that left investors concerned as revenue grew at its slowest rate since 2014, but Bank of America said the company is focusing on its users, services and products amid a tough macro environment. Analyst Eddie Leung, who has a $193 price target and buy rating...
Alibaba's (BABA) "customer management" segment has shown a strong slowdown in the latest quarter. The YoY decline in this business was 1%. Prior to the acquisition of Sun Art, this segment contributed 45% of the total revenue for the company and a majority of profits. Despite the slowdown in this...
Alibaba (BABA) doesn't do much business in Russia or Ukraine. International commerce only made up 7% of Alibaba's total revenue for the December quarter, and Russia and Ukraine made up only a small fraction of the overall international commerce business for Alibaba. As a result, Alibaba's business is unlikely to...
Alibaba (BABA) submitted a mixed earnings card for the quarter ending December yesterday. The third-quarter showed continual revenue headwinds in Alibaba's domestic business which came as no surprise. Alibaba delivered better than expected adjusted earnings per-share, however, indicating that investors' concerns about Alibaba's business are overblown. Free cash flow, despite...
Alibaba’s (NYSE:BABA) Q3 financials failed to give a significant boost to its stock price. However, this shouldn’t surprise much, as the company warned earlier that macro headwinds and increased competitive activity could continue to take a toll on its performance. Notably, Alibaba’s Q3 earnings came in ahead of the Street’s estimates. However, its top-line fell short of the consensus estimate due to the macro situation and increased competition in China. Moreover, the slowdown in its cloud and international commerce revenues further remained a drag. In response to Alibaba’s Q3 performance, Stifel Nicolaus analyst Scott Devitt lowered his Q4 and FY22 estimates.
Alibaba (BABA) delivered mixed financial results for the Q3 2022 ended December 31, 2021, as the company continued to execute its multi-engine growth strategy in a complex and volatile market environment. Earnings topped consensus estimates, but revenue missed despite growing 10% year-over-year. BABA shares fell 0.72% to close at $108.93 on February 24. Alibaba is a Chinese company that operates online and mobile marketplaces in retail and wholesale trade. Earnings Revenue in the quarter landed at $38.01 billion, up 10% from the same quarter in the previous year and slightly lower than the consensus estimate of $38.83 billion.
Alibaba is down in the dumps again. While tech stocks at large staged a turnaround Thursday—with the Nasdaq index ending 3.3% higher after opening almost
Alibaba’s cloud services business emerges as bright spot for tech giant amid slower growth in core e-commerce operations
Alibaba Group Holding’s cloud services business emerged as a bright spot in an otherwise sluggish December quarter for the Chinese e-commerce giant, which posted its slowest quarterly revenue growth since going public in 2014.The Hangzhou-based firm’s Alibaba Cloud unit, which is China’s largest cloud infrastructure services provider, operates in a major domestic market that is worth about 1 trillion yuan (US$158.1 billion) annually, said Daniel Zhang Yong, Alibaba’s chairman and chief…
Alibaba (BABA) delivered third-quarter results that left investors concerned as revenue grew at its slowest rate since 2014, but Bank of America said the company is focusing on its…
Wall Street just trimmed its forecasts, but still thinks Alibaba stock is a buy.