BABA241115P96000
- 8.40
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Alibaba Newsroom
Alibaba's second-quarter revenue was 236.503 billion yuan, a 5% year-on-year increase.
The adjusted net income is 36.518 billion yuan, a year-on-year decrease of 9%.
"Smart money" betting on the rise of China: In Q3, the prototype of the "Big Short" increased its shareholding in Chinese concept stocks such as Alibaba, jd.com, while the new fund star Keystone initiated positions in three major Chinese concept ETFs.
In the third quarter, the fund under Michael Burry increased its shareholding in Alibaba by 0.045 million shares to nearly 0.2 million shares, doubled its hold positions in jd.com to 0.5 million shares, and increased its shareholding in baidu by 0.05 million shares to 0.125 million shares. At the end of the quarter, it held three Chinese concept stocks valued at 54 million dollars, accounting for 65% of the total fund's stock holdings. Meanwhile, the fund bought corresponding put options for these three Chinese concept stocks to hedge risks.
Express News | See the picture: Alibaba's Q2 revenue is 236.5 billion yuan, with stock buybacks exceeding 4 billion dollars for three consecutive quarters.
Express News | Alibaba: On November 14, spent approximately $19.9744 million to repurchase approximately 1.7624 million shares.
Alibaba Group Holding Price Target Maintained With a $118.00/Share by Benchmark
Alibaba Skids on Latest Quarterly Figures
U.S. stock market early session | All three major indexes fell, disney rose more than 3% against the trend; “Trump trade” warmed up! DJT rose more than 3%, Tesla and MSTR rose over 2%.
As of the time of publication, the Dow Jones Industrial Average fell by 0.40%, the Nasdaq fell by 1.19%, and the s&p 500 index fell by 0.67%.
Express News | U.S.-Listed Shares of Alibaba Reverse Premarket Gains, Down 3.2%
U.S. stock market changes | Mid-term income increased by 4.53% year-on-year, alibaba (BABA.US) dropped over 3%.
On Friday, alibaba (BABA.US) opened weaker, dropping over 3%, having fallen more than 23% from its October peak, closing at $87.75.
Dow fell 260 points in early trading, Nasdaq fell more than 1%, Tesla rebounded against the market.
After Federal Reserve Chairman Powell stated that there is no rush to cut interest rates, the market lowered expectations for further rate cuts in December. The three major U.S. indices continued to decline on Friday, with the Dow dropping 261 points or 0.6% in early trading, and the Nasdaq even dropping over 1%. The s&p 500 index opened down 36 points or 0.6%, at 5,912 points; the Dow opened down 162 points or 0.4%, at 43,587 points; the Nasdaq opened down 177 points or 0.9%, at 18,929 points. Technology stocks generally weakened, with apple (AAPL.US) falling over 1%, microsoft (MSFT.US), nvidia (NVDA.US), and amazon (AMZN.
Express News | Alibaba Local Life Group's second-quarter revenue increased by 14%, with losses narrowing to 0.391 billion yuan.
4 Stocks to Watch on Friday: BABA, SPB and More
Alibaba Reports Mixed Fiscal Second-Quarter Results as Cloud Revenue Grows
Sector Update: Consumer Stocks Lean Lower Pre-Bell Friday
The truth about Alibaba (09988) trading "Xiaopeng Autos".
On November 15, the news that "in the third quarter, alibaba (09988) increased its shareholding by nearly 24.66 million shares of Xiaopeng autos ADS" spread widely.
US stock market outlook | October retail sales data exceeded expectations, the three major futures indexes declined; cryptos concept stocks rose in pre-market trading! MSTR increased by over 3%, Coinbase rose by more than 2%.
It is reported that the usa Federal Trade Commission plans to investigate anti-competitive behavior in microsoft's cloud computing business; the Biden administration promotes the localization of semiconductors, and taiwan semiconductor receives $6.6 billion in funding from the CHIPS Act; is it truly attractive with a guaranteed 4.5% return? The total assets of mmf in the usa have surpassed $7 trillion for the first time.
Benchmark Co. Maintains Alibaba(BABA.US) With Buy Rating, Maintains Target Price $118
Express News | Alibaba Exec - Have High Expectations That Integrating Wechat Pay Will Help US Reach New Users - Conf. Call
What Analysts Are Saying About Alibaba's Earnings Report
The increase in market cap of held equities, alibaba's Q2 net income surged by 63% year-on-year, with revenue growing by 5% compared to the previous year | Financial report insights.
Benefiting from the changes in private equity valuation at market cap, the reduction in investment impairment, and the improvement in the company's operation profit, the net income attributable to ordinary shareholders increased by 63% year-on-year. During this year's november 11 shopping festival-related period, Taobao and Tmall's GMV achieved strong growth, with the number of buyers reaching a historical high.