Alibaba (BABA) stock price today was up almost 15% after their earnings report was released. "It is unclear how easing Covid restrictions will affect Alibaba. The Chinese government has made multiple statements indicated support for their sector," says Kevin Riley. Is Alibaba a stay-at-home play like Amazon or Netflix? "BABA beat earnings expectations, but those expectations came way down. I do not see the political situation changing soon, so we cannot get excited about the stock price," adds John Freeman.
The Watch List
26 May 2022
SHARE
Trading 360
09 Mar 2023
Trading 360
22 May 2023
Morning Trade Live
28 Mar 2023
Morning Trade Live
11 Apr 2023
Trading 360
04 Mar 2023
Market On Close
18 Apr 2023