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Tag: BABA

Benefit from growth in online shopping, cloud computing

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Benefit from growth in online shopping, cloud computing

We have just Alibaba Group Holding Ltd. (BABA), the China-based online shopping giant. The company generates most of its revenue from several e-commerce stores, but also has a booming cloud business that Sales of AI-related products saw triple-digit year-on-year growth last quarter, says Clif DrokeEditor of Turnaround letter from Cabot. Although Alibaba is a leading […]

Walmart and Alibaba earnings: What can investors expect?

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Walmart and Alibaba earnings: What can investors expect?

The Q2 2024 earnings season is slowly coming to an end. It continues to be positive and encouraging. Earnings growth is expected to be positive again and this trend is likely to continue in the upcoming Q3 cycle. This week, several notable companies – Walmart WMT and Alibaba BABA – reported their quarterly results. Both […]