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Alibaba Group Holding Limited

Alibaba Group Holding Limited (BABA)

84.42
-0.28
(-0.33%)
At close: September 18 4:00PM
84.5816
0.1616
( 0.19% )
After Hours: 5:09PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
84.5816
Bid
-
Ask
-
Volume
7,751,709
84.04 Day's Range 85.00
66.63 52 Week Range 90.46
Market Cap
Previous Close
84.70
Open
84.74
Last Trade
10
@
84.585
Last Trade Time
17:09:22
Financial Volume
$ 654,937,855
VWAP
84.4895
Average Volume (3m)
12,883,992
Shares Outstanding
18,743,274,000
Dividend Yield
1.18%
PE Ratio
0.00
Earnings Per Share (EPS)
-
Revenue
941.17B
Net Profit
79.74B

About Alibaba Group Holding Limited

Alibaba is the world's largest online and mobile commerce company as measured by gross merchandise volume (CNY 7.5 trillion for the fiscal year ended March 2021). It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). Alibaba's China commer... Alibaba is the world's largest online and mobile commerce company as measured by gross merchandise volume (CNY 7.5 trillion for the fiscal year ended March 2021). It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). Alibaba's China commerce retail division accounted for 63% of revenue in the September 2021 quarter. Additional revenue sources include China commerce wholesale (2%), international retail/wholesale marketplaces (5%/2%), cloud computing (10%), digital media and entertainment platforms (4%), Cainiao logistics services (5%), and innovation initiatives/other (1%). Show more

Sector
Business Services, Nec
Industry
Catalog, Mail-order Houses
Website
Headquarters
George Town, Cym
Founded
2015
Alibaba Group Holding Limited is listed in the Business Services sector of the New York Stock Exchange with ticker BABA. The last closing price for Alibaba was $84.70. Over the last year, Alibaba shares have traded in a share price range of $ 66.63 to $ 90.46.

Alibaba currently has 18,743,274,000 shares outstanding. The market capitalization of Alibaba is $1.59 trillion.

Alibaba (BABA) Options Flow Summary

Overall Flow

Bullish

Net Premium

636k

Calls / Puts

215.91%

Buys / Sells

128.57%

OTM / ITM

47.87%

Sweeps Ratio

0.00%

BABA Latest News

Apple Loses EU Dispute; Google’s $2.7 Billion Fine Upheld; Oracle Shares Surge 9%

Apple (NASDAQ:AAPL) – The European Court of Justice ruled against Apple in a tax case regarding benefits received in Ireland, potentially leading to the recovery of up to $14.4 billion in...

Broadcom Down 10% Post-Earnings, UiPath Up 8%; Qualcomm Eyes Intel Assets; Salesforce Acquires Own Company

Salesforce (NYSE:CRM) – Salesforce announced the purchase of Own Company for $1.9 billion to strengthen its data privacy and security solutions. The acquisition aims to meet the growing...

Alibaba.com Unveils Game-Changing AI Sourcing Agent, Helping SMEs Simplify Global Trade

Alibaba.com Unveils Game-Changing AI Sourcing Agent, Helping SMEs Simplify Global Trade PR Newswire LAS VEGAS, Sept. 5, 2024 The platform's premier B2B e-commerce event marks the launch of its...

Qualcomm Develops Mixed Reality Glasses; Verizon to Boost Dividend, Eyes Acquisition; Samsonite Plans US Dual Listing

Qualcomm (NASDAQ:QCOM) – Qualcomm, in collaboration with Samsung and Google, is developing mixed-reality glasses that connect to smartphones, offering a lighter, more portable alternative...

Alibaba International Wraps Up 2024 Global E-Commerce Challenge, Highlighting Youth Innovation

Alibaba International Wraps Up 2024 Global E-Commerce Challenge, Highlighting Youth Innovation PR Newswire HANGZHOU, China, Sept. 4, 2024 HANGZHOU, China, Sept. 4, 2024 /PRNewswire/ -- Alibaba...

Alibaba International Wraps Up 2024 Global E-Commerce Challenge, Highlighting Youth Innovation

Alibaba International Wraps Up 2024 Global E-Commerce Challenge, Highlighting Youth Innovation PR Newswire HANGZHOU, China, Sept. 4, 2024 HANGZHOU, China, Sept. 4, 2024 /PRNewswire/ -- Alibaba...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
11.00661.2044271612383.57585.7783.261054149284.64920338DR
42.75163.3625809605381.8385.7979.2051315253482.89130357DR
1210.621614.361276365673.9685.7971.971288399279.63004073DR
2611.161615.20239716773.4290.4668.361467095178.32947024DR
52-1.5434-1.7920464441286.12590.4666.631636315477.27972872DR
156-69.8084-45.2156227735154.39182.0958.012159061196.22192355DR
260-94.5684-52.7872732347179.15319.3258.0120250579141.88943668DR

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BABA Discussion

View Posts
fwb fwb 4 days ago
Maybe this might help BABA get over the HUMP............
Time will tell

Shares in Chinese e-commerce giant Alibaba Group Holding jumped 4.2% in Hong Kong trading on Tuesday, following the company’s inclusion in a scheme that allows mainland Chinese investors to invest in stocks traded in Hong Kong. The jump added about $8 billion to Alibaba’s market value, bringing the firm’s total market capitalization to around $202 billion.
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fwb fwb 3 weeks ago
Alibaba shares jump after it completes three-year regulatory overhaul
https://www.cnbc.com/2024/08/30/alibaba-shares-jump-as-it-completes-three-year-regulatory-overhau.html
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DiscoverGold DiscoverGold 3 weeks ago
$BABA Beware the ~$85 heatmap resistance zone
By: TrendSpider | August 28, 2024

• Beware the ~$85 heatmap resistance zone. $BABA



Read Full Story »»»

DiscoverGold
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Acme Investments Acme Investments 3 weeks ago
I'm watching your work Gold!! Baba is making all the right moves!! Going to go Boom unexpectedly!!
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DiscoverGold DiscoverGold 4 weeks ago
$BABA bulls targeting new 2024 highs on this weekly squeeze breakout
By: TrendSpider | August 23, 2024

• $BABA bulls targeting new 2024 highs on this weekly squeeze breakout.



Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 1 month ago
Alibaba Group quarterly earnings are out:
By: TrendSpider | August 15, 2024

• Alibaba Group quarterly earnings are out:

~EPADS: $2.26 vs $2.13 est
~SALES: $33.47B vs $34.81B est
~Cloud Intelligence Group Revenue $3.65B (+6% YoY)
~International Digital Commerce $4.03B (+32% YoY)

Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 1 month ago
$BABA reports quarterly earnings tomorrow before market open
By: TrendSpider | August 14, 2024

• Michael Burry just updated his portfolio, revealing his largest position is a $11.16M stake in Alibaba.

$BABA reports quarterly earnings tomorrow before market open.



Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 1 month ago
4 Tech Stocks to Buy Now
By: 24/7 Wall St. | August 13, 2024

• Alibaba

Chinese e-commerce giant Alibaba (NYSE: BABA) might’ve dropped off investors’ radar in recent months following internal management problems, growing regulatory concerns, and ongoing tension between Chinese companies and Western economies, primarily led by the United States.

However, things are in a turnaround stage for the company which dominates roughly 45% of the Chinese online shipping market. For starters, the company’s new CEO Eddi Wu has introduced a plan to put customers at the center instead of merchants, which in the long run could bolster consumer support.

Quarterly and fiscal 2024 results showed that the company delivered strong revenue growth of 7% year-over-year (YoY), or $30.72 billion. BABA has moved sideways this year, with stocks down 0.23% year-to-date (YTD), with some momentum during recent months as the company looks to present a positive turnaround plan.

Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 1 month ago
$BABA Alibaba is dirt cheap down here, trading at 9X earnings ahead of Thursday's earnings report...
By: TrendSpider | August 11, 2024

• $BABA Alibaba is dirt cheap down here, trading at 9X earnings ahead of Thursday's earnings report...



Read Full Story »»»

DiscoverGold
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fwb fwb 2 months ago
Found this video
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fwb fwb 2 months ago
Joe Tsai on Why Alibaba is All In on AI
I want to know how the ASIAN market will receive them
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DiscoverGold DiscoverGold 2 months ago
Alibaba rises on report it will charge software service fee
By: Bloomberg | July 29, 2024

Alibaba Group Holding Ltd. shares rose the most in two months as investors cheered the e-commerce company’s plan to earn more service fees from merchants.

The stock gained as much as 5.8% in Hong Kong on news that Alibaba will start charging a basic software service fee of 0.6% on confirmed transactions for vendors on both the Tmall and Taobao platforms. The policy change was relayed to merchants on Friday, according to a person familiar with the matter. But Alibaba may waive the new policy for small merchants, the person said.

The new measure will boost Alibaba’s core merchant revenue and add to multiple catalysts for the stock, according to Jefferies Financial Group Inc. The company earns the majority of its Taobao and Tmall revenue through customer management fees, which merchants pay to advertise products or better tailor their offerings.

“We view the 0.6% software service fees starting in September as positive to core merchant revenue considering the new arrangement applies to both Taobao and Tmall,” Jefferies analysts led by Thomas Chong wrote in a research note on Sunday.

The shift to a percentage-based fee structure, first reported by local media LatePost, makes Alibaba the last major e-commerce platform to do so. PDD Holdings Inc. started charging merchants a technical service fee of about 0.6%-1% of gross merchandise value since 2020, while JD.com Inc. and ByteDance both levied a 0.6% fee rate last year.

Alibaba currently charges a fixed annual amount to Tmall merchants, which will be waived once the new policy takes effect from September 1. Alibaba will also offer vendors other support measures including an adjustment in criteria for traffic allocation and free refund policies.

The stock is the biggest gainer on the benchmark Hang Seng Index, which is up as much as 2%.

Read Full Story »»»

DiscoverGold
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fwb fwb 2 months ago
Divi is in the BANK!
The DECK is cleared for any takeoff.
GLTA investors......

Lets do it again Next year......
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DiscoverGold DiscoverGold 2 months ago
Alibaba Group $BABA China names woke up last week. This one likes to give those gaps back...
By: Options Mike | July 14, 2024

• $BABA China names woke up last week,

This one likes to give those gaps back...



Read Full Story »»»

DiscoverGold
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fwb fwb 2 months ago
Alibaba Backs $2.5 Billion AI Firm in Second Big 2024 Deal
https://finance.yahoo.com/news/alibaba-backs-2-5-billion-065533653.html
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fwb fwb 2 months ago
The Divi ex-date was last week..
Payable early next month - AUG.....
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DiscoverGold DiscoverGold 3 months ago
Alibaba $BABA is down more than 57% over the last 5 years! That hurts
By: Barchart | July 1, 2024

• Alibaba $BABA is down more than 57% over the last 5 years! That hurts.



Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 3 months ago
Alibaba Returns to the Scene of the Crime
By: Arthur Hill | June 8, 2024

• Big breakouts are bullish, but sometimes traders miss the breakout.
• A throwback is a decline back to the breakout zone, which turns support.
• Throwbacks offer traders a second chance to partake in breakouts.

Chinese stocks wet on a tear from mid April to mid May with the China Large-Cap ETF (FXI) gaining some 40% and breaking its 200-day SMA. FXI then fell back over the last few weeks. This surge and pullback created a potential opportunity because some stocks returned to their breakout zones. These so-called throwbacks offer traders a second chance to partake in the breakouts. Today's example will show Alibaba (BABA), which was featured on ChartTrader this past week.



The chart below shows Alibaba with the 200-day SMA (red line) and the Trend Composite in the indicator window. On the price chart, BABA found support twice in the 67-68 area and broke resistance with a surge in May. The two lows in this area formed a Double Bottom and the breakout reversed the downtrend. Also notice that BABA broke the 200-day SMA.



Traders who did not catch the breakout have a second chance because BABA returned to the breakout zone in early June. This is a classic "throwback" to broken resistance, which turns into support. The stock also returned to the 200-day SMA and the decline retraced around 61.8% of the prior surge. This retracement is normal for a pullback within a bigger uptrend. Overall, I see a Support-Reversal Zone in the upper 70s and I am watching short-term resistance at 80. A breakout here would reverse the short-term downswing and argue for a resumption of the bigger uptrend.

Read Full Story »»»

DiscoverGold
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fwb fwb 3 months ago
Correct, for a total of $1.66
I believe it will July 12
Thanks
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SubPenny0001 SubPenny0001 3 months ago
Yes, Alibaba (BABA) has declared a one-time extraordinary cash dividend of $0.66/ADS as a distribution of proceeds from the disposition of certain financial investments. This special dividend was announced along with the annual dividend of $1.00/ADS, which is in line with previous dividends.
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fwb fwb 4 months ago
Will BABA do a SPECIAL DIVI in the 3 qt????
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fwb fwb 4 months ago
When is the DATE of the SHARE BUY BACK?
Did BABA Post it yet?
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DiscoverGold DiscoverGold 4 months ago
Bear Of The Day: Alibaba (BABA)
By: Zacks Investment Research | May 24, 2024

Alibaba (BABA) is a Zacks Rank #5 (Strong Sell) as earnings estimates have tracked lower after a recent earnings beat. The company s. This article will look at why this stock is a Zacks Rank #5 (Strong Sell) as it is the Bear of the Day.

Description

Alibaba Group Holding is one of the leading e-commerce giants in China. Over the last few years, the company has transformed itself from being a traditional e-commerce company to a conglomerate that has businesses ranging from logistics and food delivery to cloud computing.

Earnings History

When I look at a stock, the first thing I do is look to see if the company is beating the number. This tells me right away where the market’s expectations have been for the company and how management has communicated to the market. A stock that consistently beats has management communicating expectations to Wall Street that can be achieved. That is what you want to see.

In the case of Alibaba, I see three beats and one miss of the Zacks Consensus Estimate. The most recent quarter was a beat with the company posting $1.40 when $1.24 was expected. This alone does not make the stock a Zacks Rank #1 (Strong Buy) and it doesn’t make it a Zacks Rank #5 (Strong Sell) either.

The Zacks Rank does care about the earnings history, but it is much more heavily influenced by the movement of earnings estimates.

Earnings Estimates

The Zacks Rank tells us which stocks are seeing earnings estimates move higher or in this case lower. For BABA I see annual estimates moving lower of late.

The current year (2024) consensus number moved lower from $8.99 to $8.26 over the last 60 days.

The next year has moved from $10.10 to $9.17 over the last 60 days.

Negative movement in earnings estimates like that is why this stock is a Zacks Rank #5 (Strong Sell).

It should be noted that a lot of stocks in the Zacks universe are seeing negative earnings estimate revisions. That means that the stocks that are seeing small but negative earnings estimate revisions are falling to a Zacks Rank #5 (Strong Sell).

Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 4 months ago
Alibaba is heading for its best month since July 2023 following last week's earnings report
By: TrendSpider | May 19, 2024

• Alibaba is heading for its best month since July 2023 following last week's earnings report. $BABA

We aren't even back to IPO levels yet.

Early innings.



Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 4 months ago
David Tepper's Appaloosa reported BABA as its largest position (12% of the portfolio)
By: Macro Charts | May 16, 2024

• David Tepper's Appaloosa reported BABA as its largest position (12% of the portfolio).

He was loading up in Q1.

In total, nearly 25% of Tepper’s $6.7B disclosed positions are now in Chinese Stocks / ETFs:



Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 4 months ago
Alibaba $BABA weekly chart is looking the best it has quite some time
By: TrendSpider | May 16, 2024

• Alibaba weekly chart is looking the best it has quite some time. $BABA

Will the bull's patience finally be rewarded?



Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 4 months ago
Bulls Blast Alibaba (BABA) Stock Despite Earnings Miss
By: Schaeffer's Investment Research | May 14, 2024

• Alibaba's profits for the fiscal fourth quarter fell 86%

• Revenue still came in above analysts' estimates, though

Alibaba Group Holding Ltd (NYSE:BABA) stock is down 5.9% at $79.60 at last check, after the e-commerce company's profit for the fiscal fourth quarter plunged 86%, missing analysts' estimates amid cautious consumer spending in China. Revenue still impressed, however, thanks to a focus on low-cost goods.

Today's pullback found support at the $78 region, after the equity yesterday hit its highest level since November. The 20-day moving average also lingers below as a potential floor, as BABA clings to a slim 2.9% year-to-date lead.

Options volume is already running at four times the intraday average, with 161,000 calls and 60,000 puts traded so far. The most active contract is the May 85 call, followed by the June 95 call.

This penchant for bullish bets is far from being the norm. Alibaba stock sports a Schaeffer's put/call open interest ratio (SOIR) that ranks in the 87th percentile of readings from the last 12 months. This means short-term options trades have been much more bearish than usual.

Read Full Story »»»

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DiscoverGold DiscoverGold 4 months ago
$BABA bulls with a statement ahead of tomorrow's quarterly earnings report...
By: TrendSpider | May 13, 2024

• $BABA bulls with a statement ahead of tomorrow's quarterly earnings report...

If results are solid, this setup has serious explosive potential.



Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 4 months ago
Alibaba holds the weekly triangle breakout ahead of Tuesday's quarterly earnings report
By: TrendSpider | May 10, 2024

• Alibaba holds the weekly triangle breakout ahead of Tuesday's quarterly earnings report. $BABA.



Read Full Story »»»

DiscoverGold
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Chart Reader Chart Reader 5 months ago
Chart evaluation on BABA made today (Saturday 5/4)

BABA made a new 6-month intraweek and weekly closing high and closed on the high of the week, suggesting further upside above last week’s high at 81.42 will be seen this week. The stock generated a failure signal against the bears, having closed above the previous weekly close support at 79.62, meaning that the breakdown that occurred in November has now been negated. More importantly, the downtrend that started in October 2020 (from a high of 304.69) and that ended in October 2022, now shows 2 successful retests of it and that suggests that a short-term uptrend could begin shortly. To do that, the bulls need to generate a weekly close above 85.31. If that occurs and is confirmed, a rally up to the $95-$98 level would likely be seen over the following 2-4 months. This breakout is not likely to occur this week or the next but could occur before the end of the month. As a matter of information, the stock could get up to the $113 level over the next 6 months and if that level is broken on a monthly closing basis, A longer term uptrend will begin and have as an objective, a rally back up to the $200 level (which could be seen over the next couple of years). As for as this week, the bulls must now stay above (on a daily and weekly closing basis) the $80 demilitarized zone (79.70-80.30). The 200-day MA is currently at 80.00 and there is short-term pivotal daily close support at 79.84 and pivotal at 78.23. If a weekly close now occurs below 77.51, all of this accomplishment by the bulls will be erased.
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DiscoverGold DiscoverGold 5 months ago
These next three months have historically been positive for Alibaba since the company went public in 2014
By: TrendSpider | May 2, 2024

• These next three months have historically been positive for Alibaba since the company went public in 2014.

The stock has a 67% win rate in June with a mean return of +4.95% $BABA



Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 5 months ago
Is Alibaba FINALLY about to make its move?
By: TrendSpider | April 25, 2024

• Is Alibaba FINALLY about to make its move?



Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 5 months ago
Are shares of Alibaba under accumulation down here?
By: TrendSpider | April 11, 2024

• Are shares of Alibaba under accumulation down here? $BABA

Price has been coiling up at the lows since mid November 2023.



Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 6 months ago
Bearish Trendline Threatening Alibaba Group Holding (BABA) Stock
By: Schaeffer's Investment Research | April 2, 2024

• Alibaba stock just brushed its historically bearish 100-day moving average

• The equity is already down substantially over the last 12 months

U.S.-listed shares of China-based e-tailer Alibaba Group Holding Ltd (NYSE:BABA) are 0.8% lower at $72.80 at last glance, following news that the company bought back shares worth $4.8 billion -- its second largest repurchase ever. BABA is underperforming in 2024, down 6.1% year to date, and a historically bearish signal is flashing that could keep headwinds blowing.

Specifically, Alibaba stock just pulled back within one standard deviation of its 100-day moving average after mostly trading above the trendline since August. According to a study from Schaeffer's Senior Quantitative Analyst Rocky White, eight other similar instances occurred in the last three years. After 75% of these occurrences, the equity suffered a drop one month later, averaging a 9.8% loss.

A similar move from its current perch would put BABA near the $65.70 level, surpassing its year-to-date lows and moving to its lowest mark since November 2022. What's more, it would extend the stock's already steep 26% year-over-year deficit.



Sentiment surrounding Alibaba stock is already quite bullish. Of the 15 covering analysts, 12 rate the shares a "strong buy." Plus, short interest dropped 7.4% in the last reporting period.

Now might be the perfect time to speculate on BABA's next move with options. The stock's Schaeffer's Volatility Index (SVI) of 29% sits in the low 8th percentile of its annual range. In other words, options players are pricing in lower-than-usual volatility expectations at the moment.

Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 6 months ago
$BABA 1.50 million share #darkpool print at $72.48 ~ 10% of 30D Avg Vol
By: Flowrensics | March 28, 2024

• $BABA 1.50 million share #darkpool print at $72.48 ~ 10% of 30D Avg Vol.



Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 6 months ago
$BABA Nearly 100% buy consensus on Alibaba, zero sell ratings down here... Is the bottom close?
By: TrendSpider | March 9, 2024

• $BABA Nearly 100% buy consensus on Alibaba, zero sell ratings down here...

Is the bottom close?



Read Full Story »»»

DiscoverGold
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AndrewKai AndrewKai 7 months ago
Alibaba has cut its cloud computing prices in half! Attempting to undercut the rest of the industry to gain market share. https://eastern.finance/2024/03/03/alibaba-cuts-prices-of-core-cloud-products-by-55/
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make it happen make it happen 7 months ago
Big bid acquisition baba $100s incoming
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UpTickMeA$AP UpTickMeA$AP 7 months ago
China bans institutions from dumping stocks at open, and close of the market.... Insane.

https://www.bloomberg.com/news/articles/2024-02-21/china-tightens-grip-on-stocks-with-net-sale-ban-at-open-close

China is so authoritarian communist and narcissistic, it actually thinks this is a good idea... Putting your foot on the neck of institutional money, is insane. Nobody is going to want even a dime invested in china, if they don't control it in an open market. China is shooting itself square in the head.
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fwb fwb 7 months ago
You don't think those BUYING BACK SHARES are trying to drop the PPS?
NAH!
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DiscoverGold DiscoverGold 7 months ago
$BABA Alibaba beats top & bottom line estimates, announces $25B increase to buyback program
By: TrendSpider | February 7, 2024

• $BABA Alibaba beats top & bottom line estimates, announces $25B increase to buyback program.

~EPS: $2.67 vs $2.64 est
~SALES: $36.67B vs $36.40B est

Read Full Story »»»

DiscoverGold
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fwb fwb 7 months ago
That was a nice DIVIDEND BABA paid out in Last month.....$1.00 annual..........
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fwb fwb 8 months ago
$100.00 by end of year?
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DiscoverGold DiscoverGold 8 months ago
A Word and A Chart About and On Alibaba
By: Mish Schneider | January 29, 2024



Alibaba.com is one of the world's largest wholesale marketplaces.

To be honest, I had never gone to their website until today, even though we bought shares in BABA 2 weeks ago. So, in case you are like me and have not checked them out, they sell a lot of consumer items in bulk.

And they also sell pretty much everything. For instance, if you want a 1000w off-grid wind power Free Energy System for your home or business, you can get one and find an online description of the supplier, including their annual revenue. Plus, if you want them in bulk, you can order 1000 sets at a reduced price.

BABA has proven controversial a lot, most recently with a lawsuit settlement on monopolistic practices. However, the impact on their revenues is nominal and, in fact, could be a plus, as the company's stock price trades at just 8x net profits.

Anyway, China overall, has had no shortage of bad press. Yet, before we learned Jack Ma and others bought up to $200 million of BABA stock, the stock looked and still looks appealing to us. If one is looking to be a contrarian to all the bad press, then BABA is a company with solid fundamentals...

Read Full Story »»»

DiscoverGold
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nowwhat2 nowwhat2 8 months ago
Thanks - That helps explain the spike - but then so does this

Thing's "hovering" around 15,000 rtight now ;

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DiscoverGold DiscoverGold 8 months ago
Midday movers: Alibaba surges, 3M sinks, and more
By: Investing | January 23, 2024

Main U.S. indexes edged lower Tuesday, consolidating after recent gains as the earnings season kicks into full gear.

Here are some of the biggest U.S. stock movers today:?

Alibaba (NYSE:BABA) shares climbed 7% following a report from the New York Times that suggested co-founders Jack Ma and Joe Tsai believe the business is undervalued and have been buying shares.

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DiscoverGold DiscoverGold 9 months ago
$BABA ~ 2014 vs 2023
By: TrendSpider | January 2, 2024

• $BABA ~ 2014
Revenue: $10.1B
Stock Price: $92

$BABA ~ 2023
Revenue: $133.59B
Stock Price: $78



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Wallstveteran Wallstveteran 9 months ago
Is this the year for BABA?
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DiscoverGold DiscoverGold 9 months ago
$BABA January is the best performing month for Alibaba since the company IPO'd back in 2014
By: TrendSpider | December 22, 2023

• $BABA January is the best performing month for Alibaba since the company IPO'd back in 2014.

67% win rate and average return of +6.94%



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deepdj011 deepdj011 9 months ago
Mega Rebound The End Of Year 23 !
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