Alibaba Group Holding's Fiscal Q2 Non-GAAP Earnings Decline, Revenue Rises
Alibaba Group Holding reported fiscal Q2 non-GAAP earnings Tuesday of 4.36 renminbi per diluted American depositary share, down from 15.06 renminbi a year earlier.Analysts polled by FactSet expected 6.03 renminbi.Revenue for the quarter ended Sept. 30 was 247.80 billion renminbi, compared with 236.50 billion renminbi a year earlier.Analysts surveyed by FactSet expected 243.75 billion renminbi.The company's shares were up more than 4% in recent Tuesday premarket activity.
Wow market maintain with the worst consumer sentiment
US Consumer Confidence Falls Most in Three Years on Labor Views
US consumer confidence unexpectedly fell in September by the most in three years on concerns about the labor market and the outlook for the broader economy.The Conference Board’s gauge of sentiment de