Alibaba Group (BABA) Q3 2023 Earning Report Analysis
- Quarterly revenue: $222.6 billion RMB, up 7.4% quarter over quarter;- Quarterly earnings: $1.82 per share, up 21.3% quarter over quarter;- Product focused on new initiatives such as cloud computing,…
Amazon Stock Has Gotten Crushed. There’s a Case It Could Double, or Even Triple, From Here.
This year, the Amazon Web Services cloud business will be about 15% of the company’s total revenue but more than 100% of its profits. Before, during, and after pandemic lockdowns,…