Alibaba Drops 7%: Deep Value or Value Trap? Investors Can’t Agree

Quick Read Alibaba (BABA) reported net income down 67% despite revenue of $41.3B, a 2% year-over-year gain, as the company invests heavily in AI and cloud infrastructure. The company is sacrificing near-term profitability to fund an aggressive AI infrastructure buildout, with Alibaba’s management declaring an investment phase to build long-term strategic value. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more ...