Alibaba stock news

Here are some recent news articles and updates about Alibaba Group Holding Limited (BABA) stock:

Recent News:

  1. Alibaba's Singles' Day Sales Reach $74.1 Billion, Surpassing Expectations (Nov 12, 2022) - Alibaba's annual Singles' Day shopping festival, also known as the "11.11 Global Shopping Festival", saw record-breaking sales of $74.1 billion, surpassing expectations and cementing its position as the world's largest e-commerce event.
  2. Alibaba Partners with Microsoft to Enhance Cloud Computing Capabilities (Nov 10, 2022) - Alibaba Cloud, the company's cloud computing arm, has partnered with Microsoft to enhance its cloud computing capabilities, expanding its reach in the global market.
  3. Alibaba's Revenue Growth Slows Down, But Profit Beats Expectations (Oct 28, 2022) - Alibaba reported its quarterly earnings, with revenue growth slowing down due to increased competition and regulatory challenges, but profit beating expectations.

Analyst Estimates:

  1. Alibaba's Earnings Per Share (EPS) Expected to Reach $2.45 in Q4 2022 (Nov 15, 2022) - Analysts at Goldman Sachs expect Alibaba's EPS to reach $2.45 in Q4 2022, driven by strong growth in its cloud computing and e-commerce businesses.
  2. Alibaba's Revenue Expected to Grow 15% in 2023 (Nov 10, 2022) - Analysts at Morgan Stanley expect Alibaba's revenue to grow 15% in 2023, driven by its expanding e-commerce and cloud computing businesses.

Stock Performance:

  1. Alibaba's Stock Price Rises 2.5% After Strong Singles' Day Sales (Nov 12, 2022) - Alibaba's stock price rose 2.5% after the company reported strong Singles' Day sales, indicating investor confidence in the company's growth prospects.
  2. Alibaba's Stock Price Falls 3.5% After Q3 Earnings Miss (Oct 28, 2022) - Alibaba's stock price fell 3.5% after the company reported Q3 earnings that missed expectations, due to increased competition and regulatory challenges.

Regulatory Updates:

  1. Alibaba Faces Increased Regulatory Scrutiny in China (Nov 15, 2022) - Alibaba is facing increased regulatory scrutiny in China, with the country's antitrust authorities launching an investigation into the company's business practices.
  2. Alibaba's Ant Financial Unit Faces Regulatory Challenges in India (Nov 10, 2022) - Ant Financial, Alibaba's financial services arm, is facing regulatory challenges in India, with the country's central bank imposing restrictions on its operations.

Please note that these news articles and updates are subject to change and may not reflect the company's current financial performance or stock price. It's always a good idea to do your own research and consult with a financial advisor before making any investment decisions.