🔥Stock Prediction: How will Alibaba close Thursday 10/8 following their earnings?
Click to vote. Guess how will $Alibaba(BABA)$ close Thursday 10/8 following their earnings?? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.
$Alibaba(BABA)$ is set to release its earnings report on Thursday, Aug. 10, before the market open. BABA stock has risen close to 70% from its low of $58, including gains of 15% in the past thirty days. Wall Street expects Alibaba to earn RMB14.089 per share on revenue of RMB2229.39 billion.
$Alibaba(BABA)$ Q2 2023 earnings call will be held on 10 August 2023 at approximately at 19:30 SGT. To set a reminder, please click here
💡What to Watch for in Alibaba’s Q2 Earnings
The company is poised to catch up with China's re-opening and relaxing its zero-COVID policy. Along with more subdued regulatory scrutiny of big tech platforms in China, the headwinds BABA has faced over the past two years could be fading.
Another potential catalyst is the management recently touting new AI tools, putting BABA at the forefront the main providers of key AI technologies in China. The launch of AI tools is another way for BABA to leverage its market leadership position within the cloud segment. This highlights the company’s diversified revenue sources, along with its cloud potential.
When factoring its treasure chest of $55 billion of cash, along with the company consistently producing strong cash flows, Alibaba still presents tons of value at current levels. On Thursday the stock can continue its climb if Alibaba can deliver a top- and bottom-line beat and provide confident outlook for the next quarter and full year, especially given that it is facing much more favorable year-over-year comparisons.
💰Event Details
Click to vote. Guess where $Alibaba(BABA)$ will move following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.
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⏰Event Duration
The deadline for this event is 21:00 on 10 August 2023
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🔥Stock Prediction: How will Alibaba close Thursday 10/8 following their earnings?(Single choice)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
🌟🌟🌟我相信$阿里巴巴(BABA)$
在最新的收益报告后，今天收盘持平，尽管它将公布最近一个季度的更高销售额和利润。
这是由于最新的报告称，中国正滑入通缩，而投资者对今天即将发布的美国CPI报告感到担忧。鉴于宏观经济逆风，市场气氛看跌。
阿里巴巴-SW的股价今天上涨了0.67%，今年迄今上涨了3%。我认为阿里巴巴-SW被低估了，随着其公司从1到6的最新重组，这将为阿里巴巴-SW的股价超过100美元提供催化剂。这一点以及中国当局提供的经济刺激措施，将启动阿里巴巴-SW的上升轨道，达到新的成功高度。是时候让阿里巴巴-SW闪耀🌟🌟🌟·🌈🌈🌈了
@Tiger_Earnings
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I hope this is the time they start their moves…
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