Alibaba stock reaches highest level since November 15, 2023.
continues to attract star investors to its fold. Alibaba shares sold off earlier this week following its own earnings that replayed meager growth and management’s attempt to persuade shareholders by introducing a special dividend. Alibaba stock news One of Alibaba’s primary competitors, JD.com boasted a 7% annual revenue gain to $36 billion in the first quarter. Even better, earnings per ADS rose 19% from a year ago.
Source: News Formal (newsformal.com)
China Technical Analysis Newstrading
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Alibaba Earnings News: BABA stock disappointed by profit missAlibaba (BABA), maybe China’s most well-known company, posted fiscal fourth-quarter earnings early Tuesday that depressed traders.
Source: FXStreetNews - 🏆 14. / 72 Read more »
Alibaba's profit in Q4 tumbles due to equity investments, New York-listed stock plungesChinese e-commerce company Alibaba Group Holding on Tuesday posted a greater-than-expected decline in profit for the fourth quarter due to its equity investments, sending its stock price plunging in New York. Its net income for the quarter ended March was 3.
Source: AP - 🏆 728. / 51 Read more »
Alibaba stock: Analysts are out with their earnings previewAlibaba stock: Analysts are out with their earnings preview
Source: Investingcom - 🏆 450. / 53 Read more »
Nio Stock Forecast: A bad sign as NIO shares react poorly to good newsNio (NIO) has unveiled a new brand called Onvo that it thinks will better compete for the average vehicle customer compared to its current name brand, Nio, that focuses on an appeal to luxury.
Source: FXStreetNews - 🏆 14. / 72 Read more »
Nio Stock Forecast: NIO rises to second day of gains on delivery data, positive China vibesNio (NIO) stock traded up 6.1% into the close on Thursday in its second straight day of gains.
Source: FXStreetNews - 🏆 14. / 72 Read more »
Tesla Stock Forecast: TSLA accelerates 15% on Monday after FSD approvalTesla (TSLA) stock was the stock market’s focal point on Monday after shares of CEO Elon Musk’s EV leader powered higher on news that the executive met with Chinese Premier Li Qiang.
Source: FXStreetNews - 🏆 14. / 72 Read more »