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🔥Stock Prediction: How will Alibaba close Thursday 10/8 following their earnings?
@Tiger_Earnings：
Click to vote. Guess how will $Alibaba(BABA)$ close Thursday 10/8 following their earnings?? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers. $Alibaba(BABA)$ is set to release its earnings report on Thursday, Aug. 10, before the market open. BABA stock has risen close to 70% from its low of $58, including gains of 15% in the past thirty days. Wall Street expects Alibaba to earn RMB14.089 per share on revenue of RMB2229.39 billion. $Alibaba(BABA)$ Q2 2023 earnings call will be held on 10 August 2023 at approximately at 19:30 SGT. To set a reminder, please click here 💡What to Watch for in Alibaba’s Q2 Earnings The company is poised to catch up with China's re-opening and relaxing its zero-COVID policy. Along with more subdued regulatory scrutiny of big tech platforms in China, the headwinds BABA has faced over the past two years could be fading. Another potential catalyst is the management recently touting new AI tools, putting BABA at the forefront the main providers of key AI technologies in China. The launch of AI tools is another way for BABA to leverage its market leadership position within the cloud segment. This highlights the company’s diversified revenue sources, along with its cloud potential. When factoring its treasure chest of $55 billion of cash, along with the company consistently producing strong cash flows, Alibaba still presents tons of value at current levels. On Thursday the stock can continue its climb if Alibaba can deliver a top- and bottom-line beat and provide confident outlook for the next quarter and full year, especially given that it is facing much more favorable year-over-year comparisons. 💰Event Details Click to vote. Guess where $Alibaba(BABA)$ will move following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers. For example, If 10 Tigers get the right answer, each will receive 100 Tiger Coins. If 100 Tigers get the right answer, each will receive 10 Tiger Coins. Reply and forward this post, share your insights about Alibaba's financial reports, and you will have the chance to win Tiger gifts . Make a post on the TOPIC page >> ⏰Event Duration The deadline for this event is 21:00 on 10 August 2023 🔥Don't forget to follow@Tiger_Earnings, Tiger's official account for providing key information during earnings season📖📖📖 📖For a beginner's guide to financial statements, click here
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