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Why has BABA's price remained stagnant for the majority of this year? After the Chinese stimulus rally near the beginning of this year. Alibaba's share price has had trouble climbing out of the long-term bear market it has been in for quite a while.
$Alibaba (BABA.US)$
Macro
Currently, the chinese economy is not exactly the strongest economy, but it has been showing signs of slight expansion based on some of the more recent data.
Investors are mostly worried about the chines...
$Alibaba (BABA.US)$
Macro
Currently, the chinese economy is not exactly the strongest economy, but it has been showing signs of slight expansion based on some of the more recent data.
Investors are mostly worried about the chines...
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Positive market momentum
All major U.S. indexes advanced Tuesday. The $Dow Jones Industrial Average (.DJI.US)$ had its seventh consecutive day of gains as investors digested better-than-expected corporate earnings. European markets traded higher as well. The benchmark Stoxx 600 index added 0.6% as British grocery delivery firm Ocado surged almost 20%.
Microsoft 365 + $30
$Microsoft (MSFT.US)$shares popped around 4% to hit an all-time high after the company announced pric...
All major U.S. indexes advanced Tuesday. The $Dow Jones Industrial Average (.DJI.US)$ had its seventh consecutive day of gains as investors digested better-than-expected corporate earnings. European markets traded higher as well. The benchmark Stoxx 600 index added 0.6% as British grocery delivery firm Ocado surged almost 20%.
Microsoft 365 + $30
$Microsoft (MSFT.US)$shares popped around 4% to hit an all-time high after the company announced pric...
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$Tesla (TSLA.US)$ shares jumped about 6.9%^ on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon Musk's plan of boosting volumes through discounts was working.
^% change from 07/03/2023, moomoo app
The day's gains lifted the top U.S. electric-vehicle manufacturer's market capitalization by around $57 billion to $887 billion.
At $279.82, the stock has already more than doubled in value this yea...
^% change from 07/03/2023, moomoo app
The day's gains lifted the top U.S. electric-vehicle manufacturer's market capitalization by around $57 billion to $887 billion.
At $279.82, the stock has already more than doubled in value this yea...
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$Teladoc Health (TDOC.US)$ Executives have been selling shares.
Translated
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