The Chinese government’s increased regulatory scrutiny and potential antitrust measures could significantly limit Alibaba’s (NYSE:BABA) market dominance. Further, the ongoing uncertainties related to the post-COVID economic recovery could impact consumer spending and overall business growth.
Also, while Alibaba Cloud has shown growth in revenue and potential in AI services, intensifying competition from other global cloud service providers could limit its market share expansion and put pressure on margins. The departure of Alibaba’s long-standing CEO, Daniel Zhang, could lead to transitional challenges and potential disruptions, as well. No wonder this is one of the top Michael Burry stocks to exit.
Credit. Web Reference
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