Conclusion I understand that investing in Alibaba remains risky (see section 'challenges are real'), but I also strongly believe that the current share price valuation of BABA stock more than discounts the...
FedEx trucks at Indianapolis International Airport in Indianapolis, Indiana.Kaiti Sullivan | Bloomberg | Getty ImagesCheck out the companies making the biggest moves midday Tuesday:Illumina — Shares of the biotech company rose 2.52% after...
Check out the companies making headlines before the bell:Adobe (ADBE) – Adobe shares fell 3.7% in premarket trading after the software company issued weaker-than-expected financial guidance for the current quarter and the full...
Chinese technology shares jumped after strong results from internet companies, including better-than-expected sales at the e-commerce firm Alibaba despite an economic slowdown driven by Beijing’s Covid-19 lockdowns.The Hangzhou-based company beat analysts’ forecasts with...
https://uk.finance.yahoo.com/news/china-slaps-compulsory-measures-person-014314636.htmlChinese authorities in the city of Hangzhou, home base to Alibaba Group Holding Ltd. and Ant Group Co., have imposed “compulsory curbs” on an individual surnamed Ma, state broadcaster CCTV reported Tuesday.The person,...
Summary and final thoughts The stock market is notorious for completely ignoring business fundamentals both at the greed extreme and at the fear extreme. The stark contrast between BABA and AMZN serves...
