Alibaba reports solid earnings beat, revenue rises most since Sept. 2021. Chinese e-commerce giant Alibaba on Thursday said revenue grew by 14% year on year in the quarter ended June 30. Alibaba saw their revenue grow by 234.16 billion yuan ($32.29 billion) versus 224.92 billion yuan expected, up 14% year on year. This is good news to the stock which is why the share price is trading up 6%. Watch this video in full as I cover the summary of the Q1 earnings we saw today.
Otherwise a disclaimer to note on these video is that all content that I will be sharing on the video must not be taken as professional financial advise as there are just my opinions.
Otherwise I hope you enjoy the video and I wish you nothing but the best in your stock market investing journey.
#alibabastock #stocks #investing
Otherwise a disclaimer to note on these video is that all content that I will be sharing on the video must not be taken as professional financial advise as there are just my opinions.
Otherwise I hope you enjoy the video and I wish you nothing but the best in your stock market investing journey.
#alibabastock #stocks #investing
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- E commerce Divers
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- alibaba stock, alibaba stock analysis, baba stock
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