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Alibaba Stock Drops Despite Higher-than-Estimated Profit
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.
Alibaba’s stock rallies as continued AI growth helps fuel a profit beat
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 rises 3% in premarket after profit beat, despite miss on sales
The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.
Alibaba Stock Rises on Earnings Beat but Revenue Miss
Alibaba stock rose after the Chinese online retailer posted fiscal second-quarter earnings that beat analysts’ estimates but revenue that missed forecasts. Adjusted earnings per American-listed share were 15.
Alibaba shares rise as Q3 earnings top estimates
Group Holding Ltd (NYSE: BABA) reported better-than-expected third-quarter earnings on Thursday, sending its shares up 3.2% in premarket trading. The company posted adjusted
Alibaba Stock Gains As AI Growth Helps Earnings Beat Despite Sales Miss
Alibaba gained despite fiscal Q2 sales coming in lower than expected as earnings beat estimates with AI growth.
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Alibaba Signals More Confidence as International Arm Grows 35%
Alibaba Group Holding Ltd. reported solid growth in businesses including its international and cloud divisions, helping to ...
5h
China's Alibaba misses quarterly revenue estimates
Alibaba Group Holding missed analysts' estimates for quarterly sales on Friday, as lingering economic uncertainty sapped ...
1h
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 ...
6h
Alibaba Is Said to Consider Offering $5 Billion of Bonds
Chinese tech conglomerate Alibaba Group Holding Ltd. is considering an offering of bonds totaling the equivalent of about $5 ...
1h
Alibaba Stock Climbs After Earnings. AI Demand Is Riding to the Rescue.
Alibaba stock rose Friday after a timely AI boost to the company’s cloud business helped the Chinese online retailer overcome ...
1h
Alibaba reports Q2 Cloud Intelligence Group revenue up 7% y/y
For the quarter ended September 30, revenue from Cloud Intelligence Group was $4.219B, an increase of 7% year-over-year. During this quarter, ...
3h
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 ...
4h
Alibaba Q2 Earnings: Revenue Beats Forecast, Cloud and International Sales Shine, Free Cash Flow Falls Amid Strategic Investments
Alibaba Group Holding Ltd. (NYSE: BABA) reported strong Q2 results, including 5% revenue growth and $2.15 adjusted earnings ...
4h
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 ...
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