Alibaba pledges $1 billion to cloud computing customers to reignite growth [MSNBC.com]
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: MSNBC.com
Key PointsIn this articleAlibaba has faced growth challenges amid regulatory tightening on China's domestic technology sector and a slowdown in the world's second-largest economy. But analysts think the e-commerce giant's growth could pick up through the rest of 2022.Kuang Da | Jiemian News | VCG | Getty ImagesThe investment consists of "financial and non-financial incentives, such as funding, rebates and go-to-market initiatives," Alibaba said in a press release on Thursday.The company said it is also setting up a program to help its customers localize their cloud computing business needs depending on the market.Alibaba is the world's third-largest cloud computing player behindMicrosoftAmazonHowever, Alibaba has seen an unprecedented slowdown in growth amid Chinese economic malaise due to the resurgence of Covid in the world's second-largest economy and a stricter domestic regulatory environment. In the April to June quarter,Alibaba reported its first flat revenue growth on recordRev
Show less
Read more
Impact Snapshot
Event Time:
BABA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BABA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BABA alerts
High impacting Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share news events
Weekly update
A roundup of the hottest topics
BABA
News
- Alibaba Group Holding Limited (NYSE: BABA) had its price target lowered by analysts at Truist Financial Co. from $114.00 to $113.00. They now have a "buy" rating on the stock.MarketBeat
- Shanghai Jiao Tong University Offers Free Online Courses for International Learners, Joint Programs with Tmall of Alibaba and Dow Gain High Popularity [Yahoo! Finance]Yahoo! Finance
- Jack Ma Backed Ant Group's Alipay+ Broadens Payment Reach Across Continents: How It's Shaping Global Commerce? [Yahoo! Finance]Yahoo! Finance
- China's Ant Group doubles down on global expansion with cross-border payments offering Alipay+ [MSNBC.com]MSNBC.com
- China's 2024 Labor Day Sees 77% Rise in Outbound Travel Transactions and 700% Surge in Inbound Spending YoY via Alipay [Yahoo! Finance Canada]Yahoo! Finance Canada
BABA
Earnings
- 2/7/24 - Beat
BABA
Sec Filings
- 4/30/24 - Form 6-K
- 4/2/24 - Form 6-K
- 3/26/24 - Form 6-K
- BABA's page on the SEC website