Alibaba Stands To Lose Its Cloud Crown In 2023 [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
metamorworks/iStock via Getty ImagesThere is something I already talked about in the past,in an articleNYSE:BABAcloud businesses at an incredible pace and were taking cloud share from Alibaba. This was making it ha for Alibabaâ??s cloud segment to grow.This trend, motivated by State-linked entities favoring SOEs (State-Owned Enterprises) cloud services due to national security considerations, has continued. Of course, in spite of the private sectorâ??s expansion in China, the public sector remains very large, not just in terms of the central and local administrations, but also due to a large presence of enterprises where the State owns significant equity stakes.The trend has continued to such an extent, that it motivates todayâ??s article. The reason is simple: thereâ??s ahigh likelihood Alibaba will lose its cloud leadership in China already in 2023. This loss will happen to China Telecomâ??s cloud operations. Letâ??s see why.Current And Prospective 2023 Cloud Segment Sizes For Aliba
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
- Alipay+ enables digital payment of 14 overseas e-wallets to support Hong Kong's global travel drive [Yahoo! Finance]Yahoo! Finance
- Alibaba Group notches seventh consecutive session of gains [Seeking Alpha]Seeking Alpha
- Chinese fast-fashion company Shein set to face tougher EU online rules [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- 135th Canton Fair Provides Hassle-free Payment Services for Global VisitorsPR Web
- 135th Canton Fair Provides Hassle-free Payment Services for Global Visitors [Yahoo! Finance]Yahoo! Finance
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