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Alibaba Stock Drops Despite Higher-than-Estimated Profit
Alibaba’s stock turns lower as investments to meet AI demand hurt profitability
Alibaba’s stock jumps after a profit beat, with the AI business extending its streak of triple-digit percentage growth.
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 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’s stock rallies after profit beat expectation as AI business sees rapid growth
The U.S.-listed shares of Alibaba Group Holding Ltd. rallied 3.4% in premarket trading Friday, after the China-based e-commerce giant reported fiscal second-quarter profit that beat expectations, as the AI business continued to see rapid growth,
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.
ap, Alibaba
Alibaba's Fiscal Q2 2025 Earnings Underpin 3 Impending Catalysts
Alibaba Group Holding Limited's strong Q2 earnings show growth in core commerce & cloud, with catalysts ahead. Click for our updated look at BABA stock prospects.
Alibaba: Fiscal Q2 Earnings Snapshot
(BABA) on Friday reported fiscal second-quarter profit of $6.25 billion. The Hong Kong-based company said it had profit of $2.59 per share. Earnings, adjusted for non-recurring gains, were $2.15 per share.
Dillard's: Fiscal Q3 Earnings Snapshot
The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $6.47 per share.
12h
on MSN
Alibaba’s Torrid Global Growth Helps Mask China Consumer Anemia
Alibaba Group Holding Ltd. reported solid growth in businesses including its international and cloud divisions, helping to ...
11h
China Market Update: Alibaba Earnings Deep Dive, Tepper & Burry Maintain China Positions, Week In Review
Asia ended an off week mixed as Mainland China underperformed, the Philippines outperformed, and India was closed for the ...
VN Express
1h
Chinese tech giant Alibaba posts 5% quarterly revenue growth
Chinese tech and e-commerce giant Alibaba on Friday reported moderate revenue growth of 5% in its latest quarter, as Beijing ...
18h
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 ...
12h
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 ...
5h
Alibaba Group (BABA) Q3 2024 Earnings Call Transcript
Good day, ladies and gentlemen. Thank you for standing by, and welcome to Alibaba Group's September quarter 2024 results ...
14h
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 ...
10h
on MSN
Alibaba posts profit beat as China looks to prop up tepid consumer spend
The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest ...
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