25-02-2022, 06:52 PM
stock has come down 60% from peak.
main "obvious" takeaways
1. eCommerce group slowing and margin declines. likely due to due competition.
2. cloud businessgrowing at 30+%
3. international growth is 30+%
4. lower earnings due to fair value adjustment of investments
5. cash is 20% of market cap at us$60B market cap is $300b
traders will not bite as earnings lack upside surprises
but nothing in the earning changed what is already known.....
recent falls is due mainly to market selloff most stocks not just alibaba.
https://www.fool.com/earnings/call-trans...rnings-ca/
main "obvious" takeaways
1. eCommerce group slowing and margin declines. likely due to due competition.
2. cloud businessgrowing at 30+%
3. international growth is 30+%
4. lower earnings due to fair value adjustment of investments
5. cash is 20% of market cap at us$60B market cap is $300b
traders will not bite as earnings lack upside surprises
but nothing in the earning changed what is already known.....
recent falls is due mainly to market selloff most stocks not just alibaba.
https://www.fool.com/earnings/call-trans...rnings-ca/