|Day Low/High||165.41 / 168.77|
|52 Wk Low/High||129.77 / 211.70|
Alibaba vice chairman Joe Tsai downplayed the threat of tariffs on the e-commerce giant.
Starbucks and Alibaba don't see trade war as an obstacle to digital growth in China.
TheStreet Ratings quantitative stock model maintains a Buy recommendation on Alibaba Group. Since the stock was upgraded to Buy from Hold on March 21, 2017, the shares have risen by as much as 76%.
Despite worries about the Chinese internet market, Alibaba saw overall revenues grow by 61% in its June quarter.
The company and analysts are downplaying the trade spat's effect on company trajectory.
BABA is shrinking their losses across the board.
Let's dig into the charts and indicators to see if this rally will have staying power.
Alibaba has the potential to perform like Amazon over the longer term, but right now it rates a hold amid a tough Chinese market for equities.
The Chinese internet giant's stock declined on trade concerns.
Over the last couple of years, MSFT has consistently rallied into earnings.
Investors are awaiting comments from Federal Reserve Chairman Jerome Powell when he speaks in Jackson Hole on Friday.
U.S. stock futures are flat to slightly higher on Thursday as the U.S. and China apply tit-for-tat tariffs; Alibaba reports earnings; the three-day annual conference of central bankers in Jackson Hole, Wyoming, begins on Thursday, with Federal Reserve Chairman Jerome Powell expected to speak on Friday.
Alibaba's Thursday earnings release is set to take on extra importance amid the profit declines with rival Tencent last week.
Among other things, keep an eye on revenue growth for Alibaba's core marketplaces, its offline retail progress and the impact of macro events.
This week, investors are keeping an eye on Alibaba's earnings on Thursday and Federal Reserve Chairman Jerome Powell's speech on Friday.
The Street is 100% behind Alibaba right now, despite the stock tanking in recent weeks.
Here's what you're missing on TheStreet.
PepsiCo makes a big deal for SodaStream. The markets will have lots to digest in the coming days, including the Jackson Hole gathering and retail earnings.
There's a a buy setup in XLE and then a secondary entry in JPM.
Service to launch this month on Fliggy's "Smart Scenic-Spot" Project in Hangzhou BEIJING, Aug.
Are you ready for the coming week? Markets will touch a record, while retail earnings continue to be looked upon.
Amazon's Echo is still the most popular home speaker, but Alphabet's Google Home is quickly catching up. And Alphabet is moving aggressively to own the booming global market.
For those who say that Tencent's growth is costing too much I have one word: Bezos!
We had the commodity stocks collapse and then there was everything else.
I am going to tell you how this sell-off works and why it is not as special as it seems.
The Chinese tech giant's gaming revenue growth slowed sharply in Q2 amid delayed government approvals.
Here's what you need to know now for Tuesday, Aug. 14.
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