$Alibaba(BABA)$ i think the market won't really go up much. Firstly, there won't be marked improvement in this results as the thawing of the Authorities is only quite recently. Secondly, there is not much stimulus and the job market has been quite weak so not much purchasing impetus. Thirdly, trade has been down so sentiment is poor to spend more. So overall the market won't move much higher.
@Ssimsim:Meta's Dropping Prices for Its VR Headsets Meta's (META) VR headsets are getting a major, but perhaps unavoidable, price cut, largely because consumers are, well, just not buying as many as expect. The company today announced that it's slashing prices for its still-new Meta Quest Pro from $1,499.99 to $999.99, while its Meta Quest 2 is dropping from $499.99 to $429.99. For the Meta Quest Pro, which was touted at its launch as being geared towards businesses, that's a roughly 33% drop – and a noteworthy fall from the fanfare with which it was launched in conjunction with support from Microsoft (MSFT) and Accenture (ACN). Waning consumer interest isn't a Meta-specific problem – the VR market, along with the games industry at-large, saw its 2022 sales drop 2% year-over-year to $1.1 billion, a