Disclosure: Creator is long some stocks mentioned including Amazon.
On today's video we take a look at one of the largest companies in the world - AliBaba - ticker symbol Baba. The company just reported earnings today, and they are impressive. Not only did Alibaba grow the top line revenue by an impressive 34% - net income was up HUGE because the company's expenses literally didn't budge. Honestly it's not something I've seen very often, and it's very impressive when you see it on the financials. We also discuss the political tensions between the United States and China - and how that could impact this stock - and others.
On today's video we take a look at one of the largest companies in the world - AliBaba - ticker symbol Baba. The company just reported earnings today, and they are impressive. Not only did Alibaba grow the top line revenue by an impressive 34% - net income was up HUGE because the company's expenses literally didn't budge. Honestly it's not something I've seen very often, and it's very impressive when you see it on the financials. We also discuss the political tensions between the United States and China - and how that could impact this stock - and others.
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