To The Moon

Alibaba Group Holding Limited's fiscal Q4 FY2024 report shows mixed results, with disappointing bottom-line performance but stronger-than-expected top-line growth.While headline numbers painted a grim picture, Alibaba's core businesses are experiencing significant improvements underneath the surface.In Q4, Alibaba's profitability took a hit, but aggressive stock buybacks helped limit the decline in non-GAAP EPS to -5% y/y.Given depressed valuations and improving fundamentals, I remain bullish on Alibaba stock in the face of a -7% post-ER sell-off. Read on to learn why.Robert Way Brief Review Of Alibaba's Q4 FY2024 Report In light of reporting mixed results for Q4 FY2024 , Alibaba Group Holding Limited stock is sliding by ~7% in today's trading session as of writing, reversing some of its recent gains. While Alibaba's bottom-line performance was disappointing, the ongoing top-line re-acceleration is heartening for long-term investors as Alibaba's increased investments in its core busin

Coinbase, one of the hottest stocks of the past year, still has room to run, according to some analysts.Coinbase Global stock has risen some 47% so far in 2024.The trading platform’s shares continue t

SummarySoFi Technologies stock demonstrated a 15% plunge in one day after news regarding new convertible notes offering.It looks like the market overreacted since the deal is aimed to improve debt str

Semiconductor shares slid in premarket trading.AMD, Applied Materials fell over 3%; Nvidia, Marvell, Micron, Broadcom, Arm, Qualcomm fell about 2%.Shares of Intel were down almost 12% after forecasting quarterly revenue below estimates.The chipmaker expects adjusted first-quarter revenue in the range of $12.2 billion-$13.2 billion, compared with analysts' average estimate of $14.50 billion, according to LSEG data. Intel forecast first-quarter profit of 13 cents a share, excluding one-time items.

Netflix’s net subscribers are expected to creep higher in 4Q and for the whole year of 2023. Ad-supported tier has hit more than 23 million monthly active users.In 4Q, ARM expansion was likely anemic,