Kekemon
03-19 08:14

Aiming to buy when it touch $100.

Alibaba & Tencent Miss: Can AI Serve as New Growth Engine?
Alibaba is currently engaged in an unprecedented "cash-for-growth" strategy. Nevertheless, the silver lining remains in the cloud: Alibaba Cloud’s revenue growth surged to 37%. Goldman Sachs and Macquarie noted that Tencent is shifting into a capital-intensive "catch-up phase," and cut price target to $700 amid margin pressure. This move is expected to dilute short-term profits and potentially scale back the size of share buybacks. Can Alibaba Cloud’s price increases stem the "bleeding" of profit margins in the next quarter? Is this a value trap, or simply the darkness before the dawn?
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