by | Nov 15, 2024 | AI News
Alibaba Group Holding Limited’s strong Q2 earnings beat expectations, with solid growth in the cloud segment. Click for an updated look at BABA stock prospects.
by | Nov 15, 2024 | AI News
Alibaba Q2 Earnings: Revenue Beats Forecast, Cloud and International Sales Shine, Free Cash Flow Falls Amid Strategic Investments Alibaba Group Holding Limited (NYSE:BABA) stock is trading higher Friday after the company’s fiscal second-quarter print. The Jack...
by | Nov 15, 2024 | AI News
(Bloomberg) — Alibaba Group Holding Ltd. reported anemic growth in its core Chinese e-commerce business in the September quarter, dragging down financial results that benefited from progress in its international and cloud divisions. Most Read from Bloomberg...
by | Nov 15, 2024 | AI News
Alibaba Offices In Beijing Bloomberg | Bloomberg | Getty Images Chinese e-commerce behemoth Alibaba on Friday beat profit expectations in its September quarter, but sales fell short as sluggishness in the world’s second-largest economy hit consumer spending....
by | Nov 15, 2024 | AI News
By Deborah Mary Sophia and Casey Hall (Reuters) -Alibaba Group Holding missed analysts’ estimates for second-quarter sales on Friday, as persistent economic uncertainty sapped consumer spending in China and weighed on the e-commerce group’s domestic...
by | Nov 15, 2024 | AI News
Investors will be kicking themselves if they miss the chipmaker’s next phase of growth. Nvidia (NVDA -2.80%) has had a blistering run over the past year, but it hasn’t all been in a straight line. After surging 828%, the artificial intelligence (AI)...