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Chinese e-commerce giant $Alibaba (BABA.US)$ on Tuesday reported fiscal third quarter financial results that beat analysts' forecasts, but its share price slipped after the announcement amid an ongoing regulatory crackdown and uncertainty about Alibaba's iconic founder Jack Ma. Alibaba reported profitability for its cloud computing business for the first time in a continued push to diversify its business beyond e-commerce as it faces regulatory scrutiny in China. It reported adjusted EBITA (earnings before interest, taxes, and amortization) of 24 million yuan ($3 million) for its cloud business in the December quarter. Adjusted EBITA is one measure of profitability. That compares to a loss of 356 million yuan in the same period in 2019. Come and see what happened in the FY21 Q3 earnings call! ...
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$Tesla (TSLA.US)$ I'm going to take advantage of Tesla being down in 5 minutes before the close of the market. I'm going to enter a call option.
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I believe I may be starting to confuse people and they could be making a lot more profit if I were to narrow down my focus a bit. By that, I mean I might be sharing too many trade opportunities. I feel like I am doing it for myself. Therefore, starting from today, I will concentrate on four trades a day, no more. These four trades, with the exception of a stop out, will be heavily researched, and I aim to capitalize on them. If I get stopped out, I will allow myself to pick one more trade, but that's the limit. Let's go big on those four trades; they will be thoroughly researched and executed. If you agree with this approach, send me a message, and I will make sure to involve you in the trades.
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