🔥Stock Prediction: How will Alibaba close Thursday 4/8 following their earnings?
Click to vote. Can you predict where Alibaba will move following their earnings? If you get the right answers, you can get 20 Tiger Coins. In addition, you have the chance of winning 100 Tiger Coins.$Alibaba(BABA)$ $Alibaba(09988)$
Alibaba announced that it will release its FQ1'23 earnings reportl on Thursday, 4 August. Lets's guess where Alibaba will move following their earnings?
Alibaba Q2 earnings consensus
Wall Street expects Alibaba to earn 10.27 per share on revenue of 203.36 billion. This compares to the year-ago quarter when earnings came to $2.57 per share on revenue of $32.37 billion.💡 Highlights of this quarter:
In addition to revenue and EPS, we should also pay attention to the following aspects:
- What is the growth rate of Alibaba's e-commerce revenue following the epidemic and the absence of 618 with the anchors Wei Ya, Li Jiaqi ?
- How did Alibaba's international business fare after the Russia-Ukraine War?
- Cloud computing revenue performance, Amazon's cloud computing business achieved revenue of 19.7 billion US dollars, up 33% year-on-year. How about Alibaba's cloud service business?
Since its peak in the latter part of 2020, Alibaba has lost roughly two-thirds of its market cap or about half a billion. The shares have plunged more than 72% since its 2020 peak, driven by China's increased regulatory scrutiny. What are your insights about Alibaba's financial reports?
💰Activity Details
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⏰Event Time
The deadline for this event is 21:00 on 4 August, SGT
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How will Alibaba close Thursday 4/8 following their earnings?(Single choice)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Alibaba has been oversold and undervalued. It is a phenomenal conglomerate with multiple sources of revenue expanding globally, not only in Asia but in Europe as well.
When news of Alibaba being put on the US delisting hit, its share price was hammered. However this is a knee jerk reaction and created a golden opportunity to buy Alibaba at a further discount.
All eyes will be on Alibaba today as it releaseses its latest earnings report. I predict that Alibaba's share price will jump as investors sentiments are more positive due to the recent uptrend of the US markets.
I am bullish on Alibaba as it is a powerhouse and will continue to grow exponentially in the long term. Even Charlie Munger believes in Alibaba as he is still holding on to its stock. It is short term pain, long term gain!
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Huat Ah! [Miser]
already factored in majority of the adverse news.
so market expectations are pretty low.
let's see.