China Growth Tops Forecasts but Alibaba Stock Is Falling. Here's Why. [Yahoo! Finance]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am
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Source: Yahoo! Finance
Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Recommended Stories The number of users of Baidu's Ernie Bot, China's most popular ChatGPT-style chatbot, has doubled in recent months to more than 200 million, according to the company. The average brokerage recommendation (ABR) for Alibaba (BABA) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock? March data illustrates that it will be difficult to rely on consumption alone this year to drive growth, according to ING analyst Lynn Song. China's economic growth has beaten expectations. Gross domestic product increased 5.3% in the January-to-March period from a year earlier. That's higher than the median estimate of 4.8% in a Bloomberg survey of economists. Still, growth in industrial production and retail sales was slower than expected las
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BABA
Earnings
- 2/7/24 - Beat
BABA
Sec Filings
- 4/2/24 - Form 6-K
- 3/26/24 - Form 6-K
- 2/23/24 - Form 20-F/A
- BABA's page on the SEC website