Great news for future Alibaba

Great news for future Alibaba investors but no evidence and whether it clears US security concerns, meaning NVDA continues to be the undisputed king meanwhile.

Time to buy oversold $NVIDIA(NVDA)$

price target $250 by end 2025.

Alibaba: A Hold Till $150 or Take Profit After Super Boost?

Although food delivery is expected to weigh on profits, Alibaba delivered a positive surprise: the company has developed a new AI chip to fill the gap left by Nvidia in the Chinese market. The stock jumps 10%! FCF recorded a net outflow of RMB 18.815 billion, mainly reflecting increased spending on cloud infrastructure and investment in “Taobao Flash Sales.” ----------- Can AI become Alibaba’s next growth driver? Do you have confidence in Alibaba’s performance following this earnings report?

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okalla
09-01
okalla
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