BABA Dec 2023 120.000 call
| Previous close | 1.8700 |
| Open | 2.1700 |
| Bid | 2.2500 |
| Ask | 2.3600 |
| Strike | 120.00 |
| Expiry date | 2023-12-15 |
| Day's range | 2.1700 - 2.3400 |
| Contract range | N/A |
| Volume | |
| Open interest | 12.21k |
Motley Fool2 Ways Alibaba Stock Could Create Enormous Value for Investors
Alibaba's (NYSE: BABA) stock has had a tough time in the last two years as the company faced declining growth and increasing competition. Alibaba recently announced a variety of steps to enhance shareholder value. Two strategic moves in particular could create significant value for investors.
Motley FoolWhat's Going on With Alibaba Stock?
Alibaba is sometimes called the Amazon of China because the two companies have similar business models.
Motley FoolAlibaba Stock: Bear vs. Bull
It has been a wild few years for Alibaba (NYSE: BABA). More recently, the company announced results for the fiscal 2023 fourth quarter (ended March 31) that missed analyst estimates for sales, but beat on earnings per share. In the fourth quarter of 2023, 74% of Alibaba's total revenue came from the China and International Commerce groups.
Motley Fool3 Ways Alibaba Is Capitalizing on the Reopening of China
Alibaba (NYSE: BABA) captures a meaningful part of its revenue and operating income from consumer activity in China. Fool.com contributor and finance professor Parkev Tatevosian discusses how Alibaba plans to benefit from the Chinese economic reopening.
Motley FoolWhy Is Everyone Talking About Alibaba Stock?
Fool.com contributor and finance professor Parkev Tatevosian discusses the big news from Alibaba (NYSE: BABA) that has everyone talking about the company. *Stock prices used were the afternoon prices of May 23, 2023.
ReutersAlibaba says to hire this year, refuting layoff rumours
SHANGHAI (Reuters) -Alibaba Group Holding Ltd said on Thursday it planned to hire 15,000 people this year, dismissing rumours circulating on Chinese social media in recent days that the company planned to cut 20% of its workers. In a post on the firm's official Weibo account, Alibaba said that among the 15,000, more than 3,000 people would be newly-graduated students. Alibaba's cloud unit has started a round of downsizing that will impact 7% of the staff as it streamlines its business in preparation for an IPO, a source familiar with the matter said on Tuesday.
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ZacksTime for China Tech ETFs Despite Mixed-Bag Earnings?
Despite mixed earnings reports from Chinese tech giants like Baidu, Alibaba and Tencent, analysts remain optimistic about the future of China's tech sector.
ReutersAlibaba unit ordered to pay NetEase $7.2 million over game copyright
HONG KONG (Reuters) -A Chinese court has ordered an Alibaba Group unit that developed the hit mobile game "Three Kingdoms Tactics" to pay NetEase Inc 50 million yuan ($7.2 million) in compensation over copyright infringement, according to a statement from NetEase. "Three Kingdoms Tactics" is Alibaba's most profitable game, earning more than $1.97 billion from player spending since launching in 2019, according to data firm App Magic.
BloombergAlibaba’s Cloud Arm to Cut 7% of Staff in Overhaul, Sources Say
(Bloomberg) -- Alibaba Group Holding Ltd.’s cloud division has begun a round of job cuts that could reduce its staff by about 7%, part of an overhaul aimed at preparing the once fast-growing unit for a spinoff and eventual IPO.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksXi Upends the Secretive World of $10,000-an-Hour China ExpertsWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutLuxury Stocks Lose $30 Billion in One Day on Demand FearsWorld’s Bigges
Motley FoolWhy Alibaba Stock Ticked Lower Today
Shares of Chinese e-commerce giant Alibaba (NYSE: BABA) dipped in morning trading on the NYSE Tuesday and remain down 2.4% as of 12:45 p.m. ET on news that the company's cloud computing business is laying off workers. Bloomberg broke the story today, reporting that Alibaba will lay off 7% of the employees at its cloud computing division before spinning this division off and IPO'ing it. Alibaba Cloud is the company's second-biggest division by revenues (after e-commerce, of course), but after strong growth for years, its sales declined 5% last year -- and Cloud still isn't profitable for Alibaba.
ReutersAlibaba's cloud unit to cut 7% of staff in overhaul - source
Alibaba did not immediately respond to a Reuters request for comment. Earlier this month, the Chinese tech giant laid out listing and fund-raising plans for four of its business units, including its logistics unit Cainiao. As part of the plans, China's largest cloud service is slated to be listed next year.
- Investing.com
Lowe's, AutoZone, Alibaba fall premarket; Yelp, Dick's Sporting Goods rise
Investing.com -- Stocks in focus in premarket trade on Tuesday, May 23rd. Please refresh for updates.
Motley FoolShould You Buy Alibaba Stock Right Now?
Alibaba (NYSE: BABA) reported quarterly financial results that have huge implications for investors. Fool.com contributor and finance professor Parkev Tatevosian updates his recommendation on Alibaba stock.
Motley FoolWhy Shares of Alibaba, PDD, and Zai Lab Are Rising Today
Several Chinese stocks rose today after positive sentiment from Wall Street and recent comments made by President Biden.
ZacksAlibaba Group Holding Limited (BABA) is Attracting Investor Attention: Here is What You Should Know
Alibaba (BABA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- Investing.com
This week in tech: Netflix wows with big subscriber numbers; OpenAI CEO 'nervous'
By Louis Juricic and Sarina Isaacs
Motley FoolIs Alibaba Stock a Buy Now?
Alibaba's (NYSE: BABA) stock dropped 5% after it posted its latest earnings report on May 18. For the full year, Alibaba's revenue and adjusted earnings per ADS grew 2% and 4%, respectively. Should investors buy Alibaba's stock, which has plummeted more than 70% from its all-time high in October 2020, as a value play on China's COVID-19 recovery?
ZacksAlibaba (BABA) Q4 Earnings Beat Estimates, Revenues Rise Y/Y
Alibaba's (BABA) fourth-quarter fiscal 2023 results reflect strength across the International commerce segment, local consumer services and Cainiao logistics businesses.
- Zacks
Alibaba's Q4 Earnings Put These ETFs in Focus
Alibaba beat earnings estimates but missed on revenues when it reported fourth-quarter fiscal 2023 results.
BloombergChina Tech Megacaps in a Funk Despite Upbeat Sales: Tech Watch
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BloombergAlibaba to Exit Cloud Business After Beijing Undercuts Potential
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- Investing.com
Debt limit optimism, Zelensky's G7 visit, Alibaba falls - what's moving markets
Investing.com -- Comments from lawmakers in Washington spark hopes that they can agree on a deal to raise the U.S. debt ceiling and avoid a default that could have far-reaching consequences. Meanwhile, reports say that Ukraine's president will make an unexpected journey to the G7 summit in Japan, where Western leaders are preparing to unveil fresh sanctions against Russia.
- Investing.com
Alibaba shares sink on quarterly revenue miss, weak China outlook
Investing.com -- Hong Kong-listed shares of e-commerce giant Alibaba Group (HK:9988) sank on Friday as a slowing economic rebound and growing competition in China, its biggest market, spurred disappointing quarterly earnings.