Robert Way Investment Thesis I am bullish on BABA given its strategic market position, which I believe will give it upward trajectory traction. In January 2024, I published a bullish thesis on Alibaba Group Holding Limited (NYSE:BABA) where I reiterated my buy recommendation. In that analysis, I asserted that what had been a bearish trend was reversing, and a bullish momentum was building. Since that coverage, the stock has gained 7.63%, with a total return of 9.04%. My bullish thesis was based on the c ...

Cloud computing is key to modern technologies. Enterprises across industry verticals are pursuing digital transformation strategies in order to facilitate cost synergies. A core part of digital transformation is cloud migration. That is, instead of buying and maintaining servers in-house, businesses have begun to purchase cloud-based products that rely on the power of remote servers elsewhere. Reduced capital expenditures are just one upside to the adoption of cloud computing. Also, via the cloud, enterpris ...

These companies are well positioned to reward shareholders.The bull market continues to rage on in 2024, with the tech-centric Nasdaq Composite up 24% year to date. Investors looking for discounted stocks that could join the rally are in the right place. Here are three stocks of industry-leading companies that could be ready for big moves.1. CarnivalTravel companies have experienced strong demand over the last few years, and Carnival (CCL 0.49%) continues to look like one of the best stocks to profit from t ...

Chinese consumer stocks took a hit on lackluster Q2 growth.Shares of Chinese tech stocks Alibaba (BABA -2.06%), Baidu (BIDU -5.98%), and JD.com (JD -5.33%) fell on Monday, down 2%, 5.9%, and 5.3%, respectively, in Monday's trading session.The downdraft in China-oriented consumer tech names appeared entirely to do with the disappointing economic data that came out of China today."Only" 4.7% growthIn the second quarter, China reported just 4.7% economic growth, well below the 5.3% last quarter and below the 5 ...

Alibaba Group TodayBABAAlibaba Group$78.23 -1.42 (-1.78%) 52-Week Range$66.63▼$102.50Dividend Yield1.25%P/E Ratio18.24Price Target$108.79Add to WatchlistAs the dominant eCommerce giant, Alibaba Group Holding Ltd. NYSE: BABA is often considered the Amazon.com Inc. NASDAQ: AMZN of China. By sales, it's the third largest eCommerce giant in the world. With shares trading up just 3.6% year-to-date (YTD), it is also considerably underperforming the Nasdaq-100 index, up 20.8% YTD. With shares trading down nearly 7 ...

Billionaires know the opportunity in AI goes well beyond Nvidia.The surge in artificial intelligence (AI) stocks has not escaped the attention of billionaires. As opportunities emerge, investing disclosure requirements show they have deployed significant amounts of capital into AI stocks like Nvidia.This is important because some investors follow the lead of these top-tier investors and mimic their transactions hoping for similar results. While these billionaires buy stocks for many reasons that have little ...

Alibaba's Strategic Focus on AIDC Segment - Alibaba is strengthening its Alibaba International Digital Commerce Group (AIDC) segment, which includes Lazada, AliExpress, Trendyol, and Alibabacom, to capitalize on global e-commerce growth [1] - The company is leveraging generative AI technologies to enhance its global marketplaces, including AI-powered tools for translation, content creation, and product returns [1] - Alibaba is investing in key markets to improve customer experience, expand its consumer base, and strengthen AliExpress' global market position [2] Global E-Commerce Market Growth - The global e-commerce market is projected to generate $412 trillion in revenue in 2024, growing to $648 trillion by 2029 at a CAGR of 95% [2] - Alibaba's AIDC segment is well-positioned to benefit from this growth, driven by its focus on cross-border logistics and customer experience [2] Promotional Campaigns and SME Support - AliExpress launched promotional campaigns as the exclusive global e-commerce partner of UEFA EURO 2024, aiming to enhance user experience and expand its global reach [3] - Alibabacom introduced Alibaba Guaranteed, a platform simplifying B2B cross-border trade for SMEs by offering secure sourcing, fixed prices, and guaranteed delivery within 72 hours [3] Competitive Landscape - Alibaba faces intense competition from global players like Amazon and eBay, as well as domestic rival JDcom [4] - Amazon benefits from strong Prime momentum, robust distribution, and a growing fulfillment network, while eBay is enhancing seller support through tools like eBay Advertising [5] - JDcom expanded its international express delivery service, boosting its popularity among SMEs in China [5] Financial Performance and Estimates - Alibaba's shares returned 02% year-to-date, underperforming the industry's 208% growth and competitors like Amazon (315%) and eBay (227%) [6] - The Zacks Consensus Estimate for Alibaba's fiscal 2025 earnings is $820 per share, reflecting a 49% decline from the previous year and a 07% decrease over the past 60 days [6] - Despite challenges, Alibaba's generative AI efforts and strong momentum in international commerce are expected to drive top-line growth, with 2025 total revenues projected at $13863 billion, a 62% year-over-year increase [7]

Alibaba Group is reportedly using generative artificial intelligence to strengthen its renewed efforts to expand overseas.The Chinese eCommerce firm is using generative AI for tasks like providing translations for sellers on its platform and negotiating refunds, Zhang Kaifu, head of AI development at Alibaba’s international eCommerce unit, told The Wall Street Journal (WSJ) in an interview posted Wednesday (July 10).Prompted by the launch of OpenAI’s ChatGPT in late 2022, Alibaba appointed Kaifu to lead a t ...

Alibaba (BABA) , commonly known as China’s e-commerce giant, has seen its stock price climb 4.6% in the past six months, underperforming the Zacks Internet-Commerce industry and Zacks Retail-Wholesale sector’s growth of 21.3% and 12.7%, respectively. Macroeconomic headwinds, sluggish growth in China and various market challenges in different countries have been hitting the stock hard. BABA has lost 2.3% in the year-to-date period and is currently trading below the 50-day moving average.Although Alibaba is t ...

This tech giant owns some of the best businesses in China.2024 has generally been a great time to own tech stocks. For example, owning well-established companies like Nvidia, Amazon, and Alphabet would have given investors 30% to 150% returns in just the first half of the year.These companies share some commonalities. They are leaders in their respective fields, and their futures look bright as they ride significant trends like artificial intelligence (AI).However, not all top tech stocks have performed wel ...