BABA News and Press, Alibaba Group Holding Limited American Depositary Shares each representing one From 06/14/24

2024-06-14 07:34:35 ET Summary I have been skeptical of buys on Alibaba. It looks like this view has been accurate so far; since my last update, BABA has lagged the SPY by 12.13%. Revenue growth is still lackluster, particularly in the most relevant segment of China Commerce, due ...

2024-06-13 11:58:07 ET Summary BABA stock currently trades at attractive valuation multiples, with P/E ratios at a deep discount compared to sector median and historical levels. However, the low P/E is not attractive as on the surface once you consider the growth potential, policy...

2024-06-13 09:32:19 ET Summary Alibaba Group Holding Limited continues to grow at a decent pace, with key parts of the business performing well. The company's revenue for 2024 increased by 8.3% compared to the previous year, and most profit figures improved as well. Alibaba Gr...

2024-06-12 09:25:00 ET Summary It is understandable that many default to the assumption that AI advancements are highly beneficial for Nvidia and consequently they opt to invest in NVDA stock. Nvidia has maintained extremely high gross margins and this raises the question of wheth...

2024-06-12 08:30:00 ET Summary MercadoLibre's alternative payment system, Mercado Pago, has helped differentiate its offerings and boost market share in Latin America's competitive e-commerce industry. Mercado Pago's success in Mexico, providing digital payments and credit to unde...

2024-06-11 09:00:00 ET Summary Alibaba's share performance has been disappointing, but there are opportunities for long-term investment due to growth potential and favorable policy shifts in China. There are risks to investing in Alibaba, including the possibility of delisting, an...

2024-06-11 08:00:00 ET Summary We discuss the concept of an inflection point and its relevance to Alibaba at the moment. Note Lyn Alden's cautionary comments on Alibaba and the importance of considering the context of price formation. There are two possible paths for Alibaba's...

2024-06-11 06:39:24 ET More on Chinese stocks Alibaba: Hold Amid Globalization Uncertainties Alibaba: Top Choice To Get Chinese AI Exposure Alibaba: Central Bank Gives Green Light To Investors PDD in focus as Temu officially added to EU's Digital Services Act...

2024-06-10 11:52:15 ET Summary Celestica Inc.'s revenue for Q1 2024 exceeded expectations, driven by strong growth in the CCS segment. The company's EPS guidance for the next quarter anticipates a higher tax rate that may not materialize. Celestica raised its full-year outlook...

2024-06-10 09:44:10 ET Summary Baidu's stock has dropped 13.44% since February 26, trading at around $96. Despite facing competition in the AI bot market, Baidu has doubled its user base and focuses on user experience. Despite such progress, revenues have increased, but only s...