We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. BABA, +4.01% dropped 2.8% in premarket trading Thursday, after J.P. Morgan analyst Alex Yao said he turned “cautious” on the China-based e-commerce giants fiscal second-quarter revenue outlook, citing “weak China consumption. Market cap is the total market value of a publicly traded company’s outstanding https://dotbig.com/ shares. The U.S.-listed shares of Alibaba Group Holding Ltd. were ending a historically strong month on a high note Wednesday, as the China-based e-commerce giant was swept up in the hope that the country will … Shares of U.S.-traded Chinese stocks on Friday posted their best week since at least March, with one popular exchange-traded fund clinching its biggest weekly advance since 2011, as shared recovered fro…

BABA stock

The 200-day line could be a tough nut to crack for https://dotbig.com/markets/stocks/BABA/. But it might be able to do it amid new signs of institutional buying. Overhead supply is a major issue for BABA stock, with Alibaba more than 40% off its high.

Quotes & News

In April 2020, China regulators fined Alibaba $2.8 billion after an antimonopoly probe. At the time, it looked like GDDY stock price was ready to break out of a downtrend. It tried to rally above the 50-day line again in late April but sellers knocked the stock lower again. Almost 2 years of downtrend has pulled the prices to demand level. At this point the current prices will attract capital from a wave of the long-term investors, which will result in market reversal, especially for this size of a company. The highest analyst price target is $180.00 ,the lowest forecast is $90.00. The average price target represents 48.49% Increase from the current price of $90.06.

Today the president of China, Xi, has been re-elected for his third term as president of the nation. As a result of this news, the China markets took a massive hit today, but with blood in the streets we should be buying. No content on the Webull Financial LLC website shall be considered as a recommendation or solicitation for the purchase Godaddy stock or sale of securities, options, or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends. The Barchart Technical Opinion rating is a 8% Sell with a Weakening short term outlook on maintaining the current direction.

Alibaba, Nio Soar Over 7%: Powell’s Speech Fires Up Hang Seng After Strong Wall Street Close

Alibaba is the world’s largest online and mobile commerce company as measured by gross merchandise volume (CNY 8.3 trillion for the fiscal year ended March 2022). It operates China’s online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). Alibaba’s China commerce retail division accounted for 67% of revenue in the year ended March 2022. Alibaba Group Holding Ltd provides technology infrastructure and marketing platforms. China Commerce segment includes China retail commerce businesses such as Taobao, Tmall and Freshippo, among others, and wholesale business. International Commerce segment includes international retail and wholesale commerce businesses such as Lazada and AliExpress.

In early August, Alibaba reported fiscal first-quarter revenue of $30.7 billion, down nearly 4% from the year-ago quarter but GDDY stock price slightly above the consensus of around $30 billion. Adjusted profit of $1.75 a share was also above the $1.58 consensus.

  • Alibaba was founded in 1999 and is headquartered in Hangzhou, China.
  • Shares outstanding can be defined as the number of shares held by shareholders assuming conversion of all convertible debt, securities, warrants and options.
  • This metric excludes the company’s treasury shares.Alibaba shares outstanding for the quarter ending September 30, 2022 were 2.651B, a 2.68% decline year-over-year.
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Yes, as Alibaba Group is a Chinese company, https://dotbig.com/s are ADRs. Alibaba Group’s Innovation Initiatives, which include the development and sales of the Tmall Genie, contribute the least revenue. WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Business Summary

These stocks have a proven record of sharp growth that they’re continuing to build upon. Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence Forex on our analyses and research. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes.

China stocks including Alibaba, Nio rally as Chinese officials say they’ll boost vaccines for the elderly

Shares outstanding can be defined as the number of shares held by shareholders assuming conversion of all convertible debt, securities, warrants and options. This metric excludes the company’s treasury shares.Alibaba shares outstanding for the quarter ending September 30, 2022 were 2.651B, a 2.68% decline year-over-year. My experience I owned shares of Alibaba for the last 10 months. All investments involve https://dotbig.com/markets/stocks/BABA/ risk, and not all risks are suitable for every investor. The value of securities may fluctuate and as a result, clients may lose more than their original investment. The past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit or protect against loss in a down market.

Alibaba’s cloud segment did revenue of $1.59 billion, up 10% year over year. As of Nov. 16, the company said it already repurchased $18 billion worth of stock under its existing program. It also imposed https://www.forex.com/ tighter rules on the sale of chip equipment to China. BABA, along with JD.com , didn’t release specific gross merchandise volume for its Nov. 11 Singles Day, the world’s biggest annual shopping event.

The company provides consumer-to-consumer , business-to-consumer , and business-to-business sales services via web portals, as well as electronic payment services, shopping search engines, and cloud computing services. The company hosts the largest B2B (Alibaba.com), C2C , and B2C marketplaces in the world. Alibaba was founded in 1999 and is headquartered in Hangzhou, China. The Barchart Technical Opinion Forex widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating.