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0 0.000160771704180032 -0.000321543408360179 0.000241157556270106 -0.00148713826366561 -0.00418006430868164 -0.007556270096463 -0.007556270096463
Stock impact report

ETFs in Focus on Alibaba's Mixed Q4 Results [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 Check Earnings Report
US:NYSE Investor Relations: alibabagroup.com/en/ir/home
Company Research Source: Yahoo! Finance
The stock plunged 7.6% at the close yesterday, weighed down by slowing Chinese consumer spending and increased competition. Investors should take a close look at ETFs having the largest allocation to this Chinese e-commerce giant. These include Roundhill China Dragons ETF DRAG, Invesco Golden Dragon China ETF PGJ, The Nightview Fund NITE, CoreValues Alpha Greater China Growth ETF CGRO and ProShares Online Retail ETF ONLN. Earnings of $1.73 per ADS outpaced the Zacks Consensus Estimate of $1.48 and were 23% higher than the year-ago earnings. Revenues grew 7% year over year to $32.5 billion, falling short of the consensus mark of $33.08 billion. The year-over-year revenue growth was credited to growing core e-commerce and cloud businesses (see: all the Technology ETFs here). Driven by strong demand for AI, Cloud Intelligence Group revenue growth accelerated to 18%, with AI-related product revenues achieving triple-digit growth for the seventh consecutive quarter. Customer manageme Show less Read more
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