_alibaba39s-earnings-report-triggers-5-stock-drop-as-net-income-plunges-86-yoy.jpg "Alibaba's Earnings Report Triggers 5% Stock Drop as Net Income Plunges 86% YoY from margines Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:34
👁 View: 720K times
✓ Published: 15-May-2024
👁 View: 720K times
✓ Published: 15-May-2024
Description:
Alibaba's fourth-quarter revenue beat estimates, but net income plunged 86% year-over-year. Alibaba shares dropped around 5% in premarket trading following the earnings release. The company's core e-commerce business recovered, with revenue up 4% and customer management revenue up 5%. Alibaba focuses on reducing low-margin contracts and growing AI-related products in its cloud division. The company's AI revenue experienced \
Alibaba's fourth-quarter revenue beat estimates, but net income plunged 86% year-over-year. Alibaba shares dropped around 5% in premarket trading following the earnings release. The company's core e-commerce business recovered, with revenue up 4% and customer management revenue up 5%. Alibaba focuses on reducing low-margin contracts and growing AI-related products in its cloud division. The company's AI revenue experienced \
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_u-n-assembly-approves-resolution-granting-palestine-new-rights-and-reviving-its-membership-bid.webp "The U.N. General Assembly voted by a wide margin on Friday to grant new “rights and privileges” to Palestine and called on the Security Council to favorably reconsider its request to become the 194th member of the United Nations.")
⏲ 1:38 👁 3.2M
_margin-call-2011-official-hd-trailer-debut.webp "Rotten Tomatoes Trailers")
_forex-leverage-90-of-beginners-make-this-mistake-when-trading-with-margin.webp "The Trading Channel")
⏲ 15 minutes 16 seconds 👁 147.8K
_margin-call-2011-meeting-scene.webp "Izzatie Roslan")
_how-to-create-margins-amp-columns-in-illustrator-tutorial.webp "Pixel u0026 Bracket")
_alibaba39s-earnings-report-triggers-5-stock-drop-as-net-income-plunges-86-yoy.webp "Alibaba's fourth-quarter revenue beat estimates, but net income plunged 86% year-over-year. Alibaba shares dropped around 5% in premarket trading following the earnings release. The company's core e-commerce business recovered, with revenue up 4% and customer management revenue up 5%. Alibaba focuses on reducing low-margin contracts and growing AI-related products in its cloud division. The company's AI revenue experienced \")
_how-to-set-1-inch-margins-in-word.webp "Excel, Word and PowerPoint Tutorials from Howtech")
_u-n-assembly-approves-resolution-granting-palestine-new-rights-and-reviving-its-membership-bid.jpg)
_margin-call-2011-official-hd-trailer-debut.jpg)
_forex-leverage-90-of-beginners-make-this-mistake-when-trading-with-margin.jpg)
_margin-call-2011-meeting-scene.jpg)
_how-to-create-margins-amp-columns-in-illustrator-tutorial.jpg)
_how-to-set-1-inch-margins-in-word.jpg)
![[+]](/images/menu.gif){kind=small}