$Palantir Technologies Inc.(PLTR)$ Palantir’s expertise in AI-based data analysis has been a huge driver of growth in this market, generating demand for the company's software from big corporations as well as government agencies.
$Alibaba(BABA)$ Jack Ma is trying to inspire hope in baba against the backdrop of an oversold and lagging Chinese tech market, this presents an opportunity for massive BABA's growth at a cheap valuation that also supports it.
$Alibaba(BABA)$ Its technical chart shows that baba is forming a ascending triangle pattern. The stock will probably continue to consolidate while forming a higher lows pattern to trend upwards slowly over time.
$TENCENT(00700)$ notice a good signal that the stock is standing back to EMA 200 green line. This trendline is always be used as a trend reversal indication
$Alibaba(BABA)$ $Alibaba(BABA)$ BuyAlibaba controls more than 60% of online shopping in China. Its international retail sales hit 41% . The proposed spinoff of its cloud group is a positive as it will allow the company to be more focus. Recently Jack ma and Jackson tsai showed confidence in the company prospect by buying up more shares With a P/E ratio of 11x forward 12 months earnings, BABA trades at a huge discount to AMZN (75x) .