BABA earnings beat estimates, whereas revenue declines since IPO
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KEY Figures:
● Revenue was $30,689 million and declined 0.1% YoY mainly due to the softness in China commerce segment.
● Non-GAAP net income was $4,517 million, a decrease of 30% YoY, primarily due to the decrease in results of equity method investees and a decrease in adjusted EBITA.
● Net ...

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S&P 500 Q1 2022 buybacks were $281.0 billion, up 4.0% from Q4 2021's record of $270.1 billion; the 12-month March 2022 expenditure of $985 billion set a record, up 11.7% from 2021's record of $882 billion and up 97.2% from the 12-month March 2021's $499 billion.
• 374 companies reported buybacks of at least $5 million for the quarter, up from 325 in Q4 2021 and up from 335 in Q1 2021; 395 companies did some buybacks for the quarter, up from 383 ...

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