Baba is cheap based on all matrix. BUT it sits within multiple traps from everywhere. China government cracked down, China-US relationship, and increased competition all scared investors away from them. Their stock never able to breakout and sustain. The price has hovered around $80-$90 for a few years now. Each time it breaks through $100 (and recently touched $120) it comes crashing down in coming sessions. I was an investor but I have since sold off all my holdings. I will not come back to baba (or any Chinese stocks) anytime soon.
Alibaba May Be the Cheapest E-Commerce Play on Earth. Shares Could Rise 50% in 2025
Alibaba may bethe cheapest e-commerce and cloud computing investmentin the world. The stock, at about $89, trades for just 10 times projected current-year earnings, well below Amazon’s 45 times. It al
Kamala is all talk. She's been in the office for 4 years and now she vows to do differently if she's elected. Why doesn't she do anything during these 4 years? She, whom should have been the most influential person to Biden, couldn't talk him out of anything?
As the US election race heats up, will Harris’ crypto commitments outweigh Trump’s promises?
There is a noticeable buzz in the crypto community as the US presidential election draws near. Both Democratic and Republican candidates have expressed their intentions to pursue pro-crypto policies, sparking a surge in US political betting.Is Harris the successor to Biden’s harsh crypto policies?Will Donald Trump become a true promoter of a crypto-friendly America?It became clear that digital finance would be one of the main areas of contention for both candidates. As things developed, everyone was anticipating the September 2024 debate between Trump and Harris. Before the event was announced, Trump declared that the United States would become the “crypto capital of the planet” if he were to return to the White House. Yet, either candidate’s lack of a definite stance on digital currencies during their discussion frustrated the crypto community.The strongest turmoil around crypto regulation emerged in March 2022, when the White House released Joe Biden’s executive order on ensuring the
This is exactly why companies will push for more advanced AI. These people are forcing companies to move faster in adopting AI.
Dockworkers Go on a Strike That Could Reignite Inflation and Cause Shortages in the Holiday Season
A strike by dockworkers at 36 ports from Maine to Texas, the first in decades, could snarl supply chains and lead to shortages and higher prices if it stretches on for more than a few weeks.Workers be
Chinese ADRs Drop As Investors Mulls the Sustainability of China’s Rally
Chinese ADRs dropped in premarket trading Wednesday as investors mulled the sustainability of China’s rally.YINN fell 12%; Alibaba, PDD Holdings, and Baidu fell 4%; JD.com, NIO, and Li Auto fell 5%; X
The US policy maker is telling the world that they have no idea how to strengthen their security so they have to ban things they can't figure out
Biden Administration Proposes Ban of Chinese, Russian Car Parts
Move is ‘strictly national security action,’ Raimondo saysOfficials warn of foreign interference threats to carsThe Biden administration is proposing a rule to block the sale and import of Chinese- an
The inflation was not caused by economical development nor covid, it was caused by all these stupid ban / tariffs imposed by the US govt
NIO Stock Drops 3% As US to Propose Ban on Chinese Software, Hardware in Connected Vehicles
The U.S. Commerce Department is expected on Monday to propose prohibiting Chinese software and hardware in connected and autonomous vehicles on American roads due to national security concerns, two so
Not so soon, the impact will affect at least the next 2 quarter reports. They gonna hover around the current number for the next 2 quarters at least.
CrowdStrike's Path To Recovery
CrowdStrike experienced a low-level bug, not a breach, leading to a global outage, but it is expected to survive and grow with strategic adjustments.No single customer or channel partner accounted for
Tesla Slapped With Reduce Rating at HSBC, With Timeline and Costs of Future Products a Concern
Add one more Wall Street bank to the short list of research shops calling for Tesla stock to fall from its current level.HSBC analyst Michael Tyndall initiated coverage of Tesla on Thursday with a Reduce rating and $146 price target, implying a 33% drop in Tesla’s stock price. In response, Tesla shares fell 3% in early trade, and are now down 17% in the past month.Tyndall praised Tesla as an innovator in the space, one unburdened by legacy costs holding down its expansion in the EV sector, which Tyndall wrote is definitely a growth sector. But while its reputation as an innovator is warranted, more than half of HSBC’s model for future cash flows is based on initiatives that likely won’t see profits until the end of the decade.Finally, Tyndall says Tesla CEO Elon Musk is a “risk” for the company, but not because of his controversial comments or non-Tesla pursuits such as running SpaceX and X.com .