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-6.64098817905388E-05 -0.00129499269491315 -0.00126178775401778 0.00225793598087398 -0.00132819763580832 -0.00166024704476026 -0.00129499269491315 -0.000929074246247918
Stock impact report

Alibaba: Investors Are Selling The AI Leader Because Of A Retail Distraction [Seeking Alpha]

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: Seeking Alpha
Sadly, I was right. EPS came in below expectaions, and shares are down high single digits since the earnings release. I now upgraded what I see as China's AI hyperscaler leader. The cloud business is growing at a healthy rate (34% yoy in Q2), and CapEx guidance was reiterated. Valuation remains compelling at 20x next year's earnings. That's the cheapest hypercalers on both sides of the Pacific Ocean. The selloff is driven by sentiment. In the last month, the tech sector underperformed due to a wall of worry around an AI bubble. I believe this irrational fear won't last long. Eoneren/E+ via Getty Images In my last coverage on Alibaba Group Holding Limited ( BABA ), I downgraded my rating to a more cautious stance ahead of the Q2 earnings because I expected quick commerce reinvestment to pressure profitability This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initi Show less Read more
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