Alibaba Earnings: Shares are up 60% Since Jan 1st
Alibaba Group shares are up 60% since Jan 1st, less than 2 months ago. Today Alibaba reported earnings. Two main units Cloud and eCommerce did great. Cloud unit earnings were up 13 yoy. Main reasons for the stock to rise 60% in short period are surfacing/visibility of Jack Ma and better business execution. Stock was under intense pressure because of their leader, Jack Ma, being haggled by Chinese authorities for quite a while.
theCube at Closing Bell at NYSE
Great seeing John Furrier at NYSE closing bell! SiliconANGLE & theCUBE was amongst all other media brands like X, CNBC, TIME, Reddit, Inc. and others.
Sarbjeet Johal & John Furrier (theCUBE + NYSE Wired)
Today was the last day of #theCUBE + NYSE Wired: CMO Leaders event where marketing leaders from 20+ tech companies presented — John Furrier and
Alibaba Cloud Decides to Split 1
Alibaba Group approved the split into an independent company On Thursday, May 18, 2023 Alibaba Group approved a full spinoff of the Cloud Intelligence Group via