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ColumnsAlibaba Earnings Preview: Will Alibaba's E-commerce and Cloud Business See A Turnaround In Q4?
Chinese e-commerce and cloud behemoth $Alibaba(BABA.US$ is set to report its Q4 FY24 results on May 14th. The report is expected to show only modest growth for the quarter, amid headwinds in the domestic e-commerce market and the company's cloud business seeing slow growth.
Consensus Estimates
● The company is projected to achieve a revenue of 219.83 billion CNY, representing a year-over-year increase...
Consensus Estimates
● The company is projected to achieve a revenue of 219.83 billion CNY, representing a year-over-year increase...
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Morning Mooers, the meme stock market screamed "We are so back" over the weekend, after Roaring Kitty, short squeezing enthusiast and financial influencer that helped inspire the original GameStop craze in 2021, finally tweeted again. Overnight $GameStop (GME.US)$ shot up 70%, and jumped 110% at open, hitting multiple circuit breakers.
Other meme stocks were flying as well on high volume.$Reddit (RDDT.US)$ climbed 8%, $AMC Entertainment (AMC.US)$ grew 14%. H...
Other meme stocks were flying as well on high volume.$Reddit (RDDT.US)$ climbed 8%, $AMC Entertainment (AMC.US)$ grew 14%. H...
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