Alibaba Group Holding Ltd BABA BABAF will be unveiling its second-quarter earnings on Friday, before market hours. Wall Street is expecting $2.10 in EPS and $33.95 billion in revenue, per Benzinga Pro data.This comes as the Chinese e-commerce giant faces mounting competition from rivals like JD.com Inc JD and Pinduoduo Holdings Inc PDD, as well as a challenging macroeconomic environment that has tempered consumer spending in China.Still, some analysts are optimistic that Alibaba’s growing international digi ...

While Wall Street has enjoyed a post-election rally, U.S.-listed Chinese stocks haven't fared so well. Donald Trump's U.S. presidential victory came with promises of higher tariffs for China, but the country's fiscal stimulus package is also weighing on equities. Specifically, China's National People's Congress announced 10 trillion yuan ($1.4 trillion) in a debt swap program to help local governments overcome debt burdens, but investors were underwhelmed by the lack of measures to help the housing market a ...

Alibaba Group Holding Limited (BABA) is scheduled to report second-quarter fiscal 2025 results on Nov. 15.For the fiscal second quarter, the Zacks Consensus Estimate for revenues is pegged at $33.47 billion, suggesting an 8.63% rise from the year-ago quarter’s reported figure.The Zacks Consensus Estimate for earnings is pinned at $2.26 per share, indicating an increase of 5.61% from the prior-year quarter’s reported figure. The figure has moved north by 8.1% over the past 30 days.Image Source: Zacks Investm ...

Alibaba Has Been Losing to PDD. Why That’s Set to Change. ...

Alibaba reportedly unveiled an artificial intelligence (AI)-powered search engine designed to help small businesses in Europe and the Americas source supplies.Dubbed Accio, the search engine finds wholesale products in response to businesses’ text or image prompts, CNBC reported Tuesday (Nov. 12), saying it had viewed demonstrations of this new offering. The search engine also provides information about the products’ popularity with consumers and projected profit.Alibaba did not immediately reply to PYMNTS’ ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...

Alibaba International promotes its e-commerce platform for small businesses at the Canton Fair in Guangdong, China, on Oct. 16, 2024.BEIJING — Chinese e-commerce giant Alibaba on Tuesday unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.It's an attempt to leverage ChatGPT-like tech to increase sales. Initial tests showed businesses' purchase intent using the new tool increased by 40% versus traditional search engines, according to Ku ...

Alibaba (NYSE: BABA ) stock has started showing promising signs over the last few weeks. The fiscal support announced by the Chinese government has helped improve the bullish sentiment towards the stock. In the previous earnings, Alibaba reportedI have worked in the technology sector for over 4 years. This included working with industry stalwarts like IBM. I have done my MBA in finance and have been covering various blue chip stocks for the past 6 years. Having hands-on knowledge in the technology sector ha ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Alibaba (BABA) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Alibaba currently has an average brokerage ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, November 6th:Alibaba Group Holding Limited (BABA) : This Chinese e-commerce giant carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3% over the last 60 days.Alibaba has a price-to-earnings ratio (P/E) of 11.01, compared with 36.20 for the industry. The company possesses a Value Score  of A.Sumco Corporation (SUOPY) : This maker of silicon wafers ...