$Alibaba(BABA)$
Alibaba full-year growth was the slowest in almost a decade, underscoring the weight of ongoing macroeconomic, regulatory, and geopolitical pressures on the underlying business.
Alibaba management has confirmed plans to pursue capital-raising activities for its cloud, logistics, international commerce, and retail grocery businesses, which the market had speculated about in recent weeks.
But the market's muted response post-earnings implies there is much work left to be done at Alibaba to restore its battered credibility and investor confidence in the stock.
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Notice how BABA will be splitting up its business units like they said and the market flipped them off? That should tell everyone what they need to know. This stock is a low self esteem stock.
Technicals do not look good now. Lower tops 120, 105 And 91. If 79-80 falls the stock Will probably revisit 60s or 50s again. My bag super heavy avg around 160s
BABA well have no issue launching a cloud service but if it wants to bundle the service with AI, it'll have to break free the US's chip chokehold.
looking forward to big gains with baba next week. my average is 86.2
Alibaba has over 80B cash and 25B in free cash flow