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        Alibaba Group Q2 FY24 Earnings Preview: Grab rewards by guessing the closing price!

        $Alibaba(BABA.US)$ is releasing its Q2 FY2024 earnings on November 16 before the bell.
        How will the market react to the company's quarterly results? Vote your answer to participate!
        An equal share of 1,000 points: For mooers who correctly guess the price range of $Alibaba(BABA.US)$'s opening price at 16:00 PM ET November 16 (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
        (Vote will close on 12:00 noon ET Nov 16)
        Exclusive 300 points: For the writer of the top post on analyzing Alibaba's earnings prospects.
        Alibaba Group Q2 FY24 Earnings Preview: Grab rewards by guessing the closing price!
        Book the Live Earnings Conference now:
        1. Rewards will be distributed within 5-7 working days after the result's announcement.
        2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app>> Me>> Redeem Points).
        3. The selection is based on post quality, originality, and user engagement.
        Disclaimer: This material is for informational use only and is not a recommendation of any investment and should not be used as the primary basis of any investment decisions. There is no assurance that any estimates or price targets mentioned will occur. Investing involves risks. Past performance is not indicative of future results. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., Securities are offered through Moomoo Financial Inc., Member FINRA/SIPC. For AU users: AFSL 224663. All investments carry risks. Consider FSG before applying. Data and information displayed in these images are obtained from independent third-party sources. They do not constitute any financial advice, recommendation or solicitation to acquire or dispose financial products. All contents such as comments and links posted or shared by users of the community are the opinion of the respective authors only and do not reflect the opinions, views, or positions of Moomoo Financial Inc., Moomoo Technologies, any affiliates, or any employees of MFI, MTI or its affiliates. The reward selection shall be made upon moomoo's sole discretion and determination. Points may be redeemed only through the moomoo app and have no other value. See this link for more information.
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        • mr_cashcow : According to yahoo Finance $Alibaba (BABA.US)$ is expected to post earnings of $2.11 per share for the current quarter, representing a year-over-year change of +15.9%Awesome Analyst seems to agree it have good projected revenue growth and valuationEmm

          Strong momentum of e-commerce taobao, tmall, lazada & aliexpress combined with cainiao delivery logistics network further helps to boost the outlook of the stockCool

          Disclaimer: All the above are NOT financial advises, plz DYOR/DD! Goodbye!Hey

        • 102319027 : power struggle at the top management resulting in departure of ceo, tmall top executive left too. price wars due to strong competition which will result in deceased margins. earnings will miss estimates. easy short trade

        • DonkeyGenius 102319027: Lol

        • SpyderCall : I am hoping for a spike up from good earnings. And the technicals on the charts are telling me that it can possibly spike up to the 91 or 95 price points.
          I'll say 91-95 dollars

        • 102362254 : Some factors that may affect $Alibaba (BABA.US)$  Q2 FY24:
          1. Watch out for E-commerce growth, especially with Taobao and Tmall rocking Singles' Day on Nov 11, 2023.
          2. Keep an eye on Cloud computing – it's a big money-maker with the aim to roll out cool cloud solutions.
          3. The Cainiao Smart Logistics Network spin-off should boost efficiency and unlock value.
          4. Pay attention to regulations and competition - there might be hiccups in antitrust, data security, and consumer protection.

          I'm thinking Q2 FY24 earnings might take a hit due to more spending on diversification and staying ahead of the game.

        • Ray123 : 89

        • Alan Tan 俊帆 : 😀

        • Skybeejason : 92

        • 73097056 : economic downturn

        • 72388185 : E-commerce is trend

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