Is Alibaba's surge just a once

2022-03-22

Is Alibaba's surge just a once off? Or something that is sustaining up to a new spurt?

Pre-Bell｜U.S. Stock Futures Pointed to Higher Open; Alibaba Surged Over 8%

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Comments

EvanHolt
2022-03-22
EvanHolt
The latest policy is in support of China concept stocks, so everything has changed.
PandoraHaggai
2022-03-22
PandoraHaggai
The previous dip was too much, and the current rally is not ending so quickly.
Maria_yy
2022-03-22
Maria_yy
I think Alibaba's fundamentals have completely reversed.
MortimerDodd
2022-03-22
MortimerDodd
Either way, don't chase highs now.
HilaryWilde
2022-03-22
HilaryWilde
I feel like this is the bottom in recent years.

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Or something that is sustaining up to a new spurt?","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9034455804","repostId":1155621699,"repostType":4,"repost":{"id":"1155621699","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1647950114,"share":"https://www.laohu8.com/m/news/1155621699?lang=&edition=full","pubTime":"2022-03-22 19:55","market":"us","language":"en","title":"Pre-Bell｜U.S. Stock Futures Pointed to Higher Open; Alibaba Surged Over 8%","url":"https://stock-news.laohu8.com/highlight/detail?id=1155621699","media":"Tiger Newspress","summary":"U.S. equity futures advanced in pre-market trading Tuesday after hawkish remarks from Federal Reserv","content":"<html><head></head><body>U.S. equity futures advanced in pre-market trading Tuesday after hawkish remarks from Federal Reserve Chair Jerome Powell snapped last week’s winning streak on Wall Street in the previous session.Market SnapshotAt 7:50 a.m. ET, Dow e-minis were up 164 points, or 0.48%, S&amp;P 500 e-minis were up 13.75 points, or 0.31%, and Nasdaq 100 e-minis were up 23.5 points, or 0.16%.<img src=\"https://static.tigerbbs.com/2d7cc313ce4a7adbb1aa8bda670d7c25\" tg-width=\"322\" tg-height=\"122\" referrerpolicy=\"no-referrer\"/>Pre-Market Movers<a href=\"https://laohu8.com/S/NKE\">Nike</a> – Nike reported quarterly profit of 87 cents per share, 16 cents a share above estimates. Revenue beat estimates as well, helped by an increase in digital sales and its ability to successfully navigate supply chain issues. Nike jumped 6.3% in the premarket, and its results also boosted shares of rival Foot Locker(FL) by 1.4%.<a href=\"https://laohu8.com/S/OKTA\">Okta Inc.</a> – Okta is investigating reports of a digital breach, with the authentication services provider saying it would provide more information when it becomes available. Okta shares slid 6.3% in premarket trading.<a href=\"https://laohu8.com/S/BABA\">Alibaba</a> – Alibaba increased its share buyback program to $25 billion, the largest ever for the China-based e-commerce giant. The move follows a slump in the stock’s price on regulatory and growth concerns. Alibaba surged 8% in premarket action.<a href=\"https://laohu8.com/S/MO\">Altria</a> – The tobacco producer’s shares rose 1.2% in the premarket after Goldman upgraded Altria to “buy” from “neutral.” Goldman pointed to Altria’s strong cash flow, high profit margins and attractive dividend amid a current “risk-off” environment.<a href=\"https://laohu8.com/S/TME\">Tencent Music</a> – Tencent Music rallied 4.5% in premarket trading after the entertainment services company reported better-than-expected quarterly earnings and said it would pursue a secondary listing on the Hong Kong Stock Exchange.<a href=\"https://laohu8.com/S/SWCH\">Switch Inc.</a> – Switch remains on watch following a Bloomberg report that the data center operator was exploring options including a possible sale of the company. Switch has risen for the past five trading sessions, gaining 11% over that stretch.<a href=\"https://laohu8.com/S/UPST\">Upstart Holdings, Inc.</a> – The cloud-based lending platform operator was downgraded to “underperform” from “neutral” at Wedbush, which cited Upstart’s dependence on third-party funding as well as macroeconomic risks. Upstart slid 3.6% in premarket action.<a href=\"https://laohu8.com/S/CP\">Canadian Pacific Railway</a> – Canadian Pacific and its workers agreed to binding arbitration to resolve their labor dispute, allowing operations to resume after a weekend lockout.<a href=\"https://laohu8.com/S/PGRE\">Paramount</a> – The office-centered real estate investment trust saw its shares rise 1.9% in the premarket after it rejected a takeover offer from asset management firm Monarch Alternative Capital. Paramount said the $12 per share offer significantly undervalues the company but said it remains open to any ideas that enhance shareholder value.Market NewsThe European Union&#39;s foreign ministers disagreed on Monday on whether and how to slap sanctions on Russia&#39;s lucrative energy sector over its invasion of Ukraine, with Germany saying the bloc was too dependent on Russian oil to decide an embargo.<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> will on Tuesday deliver to customers the first 30 Model Y cars made at its 5 billion euro ($5.5 billion) Gruenheide plant, launching its first European production hub that is the biggest investment in a German car factory in recent history.Alphabet Inc&#39;s Waymo unit said on Monday that it is ready to remove safety drivers from its autonomous vehicles in San Francisco, without elaborating on the timeframe for launching fully driverless services.<a href=\"https://laohu8.com/S/PFE\">Pfizer</a> said on Monday it was recalling some lots of blood pressure drug Accuretic and two authorized cheaper versions of the drug due to the presence of elevated levels of a nitrosamine, a potential cancer-causing impurity.Authentication services provider Okta Inc is investigating a report of a digital breach, the company said on Tuesday, after hackers posted screenshots showing what they claimed was its internal company environment.Volkswagen announces its investment in North America in the next five years to be $7.1 billion. 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Revenue beat estimates as well, helped by an increase in digital sales and its ability to successfully navigate supply chain issues. Nike jumped 6.3% in the premarket, and its results also boosted shares of rival Foot Locker(FL) by 1.4%.<a href=\"https://laohu8.com/S/OKTA\">Okta Inc.</a> – Okta is investigating reports of a digital breach, with the authentication services provider saying it would provide more information when it becomes available. Okta shares slid 6.3% in premarket trading.<a href=\"https://laohu8.com/S/BABA\">Alibaba</a> – Alibaba increased its share buyback program to $25 billion, the largest ever for the China-based e-commerce giant. The move follows a slump in the stock’s price on regulatory and growth concerns. Alibaba surged 8% in premarket action.<a href=\"https://laohu8.com/S/MO\">Altria</a> – The tobacco producer’s shares rose 1.2% in the premarket after Goldman upgraded Altria to “buy” from “neutral.” Goldman pointed to Altria’s strong cash flow, high profit margins and attractive dividend amid a current “risk-off” environment.<a href=\"https://laohu8.com/S/TME\">Tencent Music</a> – Tencent Music rallied 4.5% in premarket trading after the entertainment services company reported better-than-expected quarterly earnings and said it would pursue a secondary listing on the Hong Kong Stock Exchange.<a href=\"https://laohu8.com/S/SWCH\">Switch Inc.</a> – Switch remains on watch following a Bloomberg report that the data center operator was exploring options including a possible sale of the company. Switch has risen for the past five trading sessions, gaining 11% over that stretch.<a href=\"https://laohu8.com/S/UPST\">Upstart Holdings, Inc.</a> – The cloud-based lending platform operator was downgraded to “underperform” from “neutral” at Wedbush, which cited Upstart’s dependence on third-party funding as well as macroeconomic risks. Upstart slid 3.6% in premarket action.<a href=\"https://laohu8.com/S/CP\">Canadian Pacific Railway</a> – Canadian Pacific and its workers agreed to binding arbitration to resolve their labor dispute, allowing operations to resume after a weekend lockout.<a href=\"https://laohu8.com/S/PGRE\">Paramount</a> – The office-centered real estate investment trust saw its shares rise 1.9% in the premarket after it rejected a takeover offer from asset management firm Monarch Alternative Capital. Paramount said the $12 per share offer significantly undervalues the company but said it remains open to any ideas that enhance shareholder value.Market NewsThe European Union&#39;s foreign ministers disagreed on Monday on whether and how to slap sanctions on Russia&#39;s lucrative energy sector over its invasion of Ukraine, with Germany saying the bloc was too dependent on Russian oil to decide an embargo.<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> will on Tuesday deliver to customers the first 30 Model Y cars made at its 5 billion euro ($5.5 billion) Gruenheide plant, launching its first European production hub that is the biggest investment in a German car factory in recent history.Alphabet Inc&#39;s Waymo unit said on Monday that it is ready to remove safety drivers from its autonomous vehicles in San Francisco, without elaborating on the timeframe for launching fully driverless services.<a href=\"https://laohu8.com/S/PFE\">Pfizer</a> said on Monday it was recalling some lots of blood pressure drug Accuretic and two authorized cheaper versions of the drug due to the presence of elevated levels of a nitrosamine, a potential cancer-causing impurity.Authentication services provider Okta Inc is investigating a report of a digital breach, the company said on Tuesday, after hackers posted screenshots showing what they claimed was its internal company environment.Volkswagen announces its investment in North America in the next five years to be $7.1 billion. It is going to launch 25 electric vehicles by 2030. Additionally, the demand for electric microbuses is increasing. Initially, it will be imported from the Hanover plant in Germany. Then the electric microbus will be assembled in Mexico or the US.<a href=\"https://laohu8.com/S/AAPL\">Apple</a> resolved a widespread network outage on Monday that had knocked services such as Apple Music, iCloud and the App Store offline for some users and hobbled its internal systems.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155621699","content_text":"U.S. equity futures advanced in pre-market trading Tuesday after hawkish remarks from Federal Reserve Chair Jerome Powell snapped last week’s winning streak on Wall Street in the previous session.Market SnapshotAt 7:50 a.m. ET, Dow e-minis were up 164 points, or 0.48%, S&P 500 e-minis were up 13.75 points, or 0.31%, and Nasdaq 100 e-minis were up 23.5 points, or 0.16%.Pre-Market MoversNike – Nike reported quarterly profit of 87 cents per share, 16 cents a share above estimates. Revenue beat estimates as well, helped by an increase in digital sales and its ability to successfully navigate supply chain issues. Nike jumped 6.3% in the premarket, and its results also boosted shares of rival Foot Locker(FL) by 1.4%.Okta Inc. – Okta is investigating reports of a digital breach, with the authentication services provider saying it would provide more information when it becomes available. Okta shares slid 6.3% in premarket trading.Alibaba – Alibaba increased its share buyback program to $25 billion, the largest ever for the China-based e-commerce giant. The move follows a slump in the stock’s price on regulatory and growth concerns. Alibaba surged 8% in premarket action.Altria – The tobacco producer’s shares rose 1.2% in the premarket after Goldman upgraded Altria to “buy” from “neutral.” Goldman pointed to Altria’s strong cash flow, high profit margins and attractive dividend amid a current “risk-off” environment.Tencent Music – Tencent Music rallied 4.5% in premarket trading after the entertainment services company reported better-than-expected quarterly earnings and said it would pursue a secondary listing on the Hong Kong Stock Exchange.Switch Inc. – Switch remains on watch following a Bloomberg report that the data center operator was exploring options including a possible sale of the company. Switch has risen for the past five trading sessions, gaining 11% over that stretch.Upstart Holdings, Inc. – The cloud-based lending platform operator was downgraded to “underperform” from “neutral” at Wedbush, which cited Upstart’s dependence on third-party funding as well as macroeconomic risks. Upstart slid 3.6% in premarket action.Canadian Pacific Railway – Canadian Pacific and its workers agreed to binding arbitration to resolve their labor dispute, allowing operations to resume after a weekend lockout.Paramount – The office-centered real estate investment trust saw its shares rise 1.9% in the premarket after it rejected a takeover offer from asset management firm Monarch Alternative Capital. Paramount said the $12 per share offer significantly undervalues the company but said it remains open to any ideas that enhance shareholder value.Market NewsThe European Union's foreign ministers disagreed on Monday on whether and how to slap sanctions on Russia's lucrative energy sector over its invasion of Ukraine, with Germany saying the bloc was too dependent on Russian oil to decide an embargo.Tesla Motors will on Tuesday deliver to customers the first 30 Model Y cars made at its 5 billion euro ($5.5 billion) Gruenheide plant, launching its first European production hub that is the biggest investment in a German car factory in recent history.Alphabet Inc's Waymo unit said on Monday that it is ready to remove safety drivers from its autonomous vehicles in San Francisco, without elaborating on the timeframe for launching fully driverless services.Pfizer said on Monday it was recalling some lots of blood pressure drug Accuretic and two authorized cheaper versions of the drug due to the presence of elevated levels of a nitrosamine, a potential cancer-causing impurity.Authentication services provider Okta Inc is investigating a report of a digital breach, the company said on Tuesday, after hackers posted screenshots showing what they claimed was its internal company environment.Volkswagen announces its investment in North America in the next five years to be $7.1 billion. It is going to launch 25 electric vehicles by 2030. Additionally, the demand for electric microbuses is increasing. Initially, it will be imported from the Hanover plant in Germany. Then the electric microbus will be assembled in Mexico or the US.Apple resolved a widespread network outage on Monday that had knocked services such as Apple Music, iCloud and the App Store offline for some users and hobbled its internal systems.","news_type":1},"isVote":1,"tweetType":1,"viewCount":193,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":70,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":100916247,"gmtCreate":1647955313167,"gmtModify":1663245527851,"authorId":9000000000000592,"author":{"id":9000000000000592,"authorId":9000000000000592,"name":"EvanHolt","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9034455804,"type":1,"supId":0,"prevId":0,"content":"The latest policy is in support of China concept stocks, so everything has changed.","text":"The latest policy is in support of China concept stocks, so everything has changed.","html":"The latest policy is in support of China concept stocks, so everything has changed.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100916242,"gmtCreate":1647955299066,"gmtModify":1647955299066,"authorId":9000000000000431,"author":{"id":9000000000000431,"authorId":9000000000000431,"name":"PandoraHaggai","avatar":"https://static.tigerbbs.com/0eb1ca619238a10298cbe1a12b942794","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9034455804,"type":1,"supId":0,"prevId":0,"content":"The previous dip was too much, and the current rally is not ending so quickly.","text":"The previous dip was too much, and the current rally is not ending so quickly.","html":"The previous dip was too much, and the current rally is not ending so quickly.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100916239,"gmtCreate":1647955290908,"gmtModify":1647955290908,"authorId":9000000000000478,"author":{"id":9000000000000478,"authorId":9000000000000478,"name":"Maria_yy","avatar":"https://static.tigerbbs.com/0cd35158209bf23b606a5949a0e97781","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9034455804,"type":1,"supId":0,"prevId":0,"content":"I think Alibaba's fundamentals have completely reversed.","text":"I think Alibaba's fundamentals have completely reversed.","html":"I think Alibaba's fundamentals have completely reversed.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100916252,"gmtCreate":1647955330344,"gmtModify":1663245528146,"authorId":9000000000000469,"author":{"id":9000000000000469,"authorId":9000000000000469,"name":"MortimerDodd","avatar":"https://static.tigerbbs.com/e95988692a3ca0ec3a601b11d189cbe9","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9034455804,"type":1,"supId":0,"prevId":0,"content":"Either way, don't chase highs now.","text":"Either way, don't chase highs now.","html":"Either way, don't chase highs now.","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100916250,"gmtCreate":1647955321445,"gmtModify":1663245529228,"authorId":9000000000000562,"author":{"id":9000000000000562,"authorId":9000000000000562,"name":"HilaryWilde","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9034455804,"type":1,"supId":0,"prevId":0,"content":"I feel like this is the bottom in recent years.","text":"I feel like this is the bottom in recent years.","html":"I feel like this is the bottom in recent years.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9034455804"}