Alibaba Group Holding Group's (NYSE:BABA) cloud computing unit will shut down its data centers in Australia and India as it redirects infrastructure spending to other markets.
The decision comes as part of an "infrastructure strategy update" following a careful assessment to prioritize investments in Southeast Asia and Mexico.
Alibaba Cloud will halt its data center services in India after July 15, and in Australia after September 30, SCMP reports.
Also Read: After Nvidia and Apple, Alibaba Chases Vietnam: New Data Center to Boost Control and Meet Local Laws
Alibaba notified customers in these regions to migrate their business operations to data centers in Singapore and other locations.
The affected data center zones include facilities in Sydney, established in 2016, and Mumbai, established in 2018.
Alibaba stock has lost over 14% in the last 12 months as it struggles to generate value amid geopolitical tensions and domestic rivalry. Investors can gain exposure to the stock via Avantis Emerging Markets Equity ETF (NYSE:AVEM) and Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ).
BABA Stock Prediction For 2024
Equity research analysts on and off Wall Street typically use earnings growth and fundamental research as a form of valuation and forecasting. But many in trading turn to technical analysis as a way to form predictive models for share price trajectory.
Some investors look to trends to help forecast where they believe a stock could trade at a certain point in the future. Looking at Alibaba, an investor could make an assessment about a stock's long term prospects using a moving average and trend line. If they believe a stock will remain above the moving average, which many believe is a bullish signal, they can extrapolate that trend into the future using a trend line. For Alibaba Gr Hldgs, the 200-day moving average sits at $77.22, according to Benzinga Pro, which is above the current price of $72.15. For more on charts and trend lines, see a description here.
Traders believe that when a stock is above its moving average, it is a generally bullish signal, and when it crosses below, it is a more negative signal. Investors could use trend lines to make an educated guess about where a stock could trade at a later date if conditions remain stable.
Price Action: BABA shares were trading lower by 0.47% at $72.04 at the last check on Friday.
阿里巴巴集团控股集团(纽约证券交易所代码:BABA)的云计算部门将关闭其在澳大利亚和印度的数据中心,因为该部门将基础设施支出转移到其他市场。
该决定是 “基础设施战略更新” 的一部分,此前经过仔细评估,确定了对东南亚和墨西哥的投资的优先顺序。
南华早报报道,阿里云将在7月15日之后停止在印度的数据中心服务,并在9月30日之后停止在澳大利亚的数据中心服务。
另请阅读: 继英伟达和苹果之后,阿里巴巴追逐越南:新的数据中心将加强控制并符合当地法律
阿里巴巴通知这些地区的客户将其业务运营迁移到新加坡和其他地方的数据中心。
受影响的数据中心区域包括建于2016年的悉尼设施和2018年在孟买建立的设施。
由于在地缘政治紧张局势和国内竞争中难以创造价值,阿里巴巴的股票在过去12个月中下跌了14%以上。投资者可以通过Avantis新兴市场股票ETF(纽约证券交易所代码:AVEM)和Global X人工智能与技术ETF(纳斯达克股票代码:AIQ)获得股票敞口。
BABA 对 2024 年的股票预测
华尔街内外的股票研究分析师通常使用收益增长和基础研究作为估值和预测的一种形式。但是,许多交易者将技术分析作为形成股价走势预测模型的一种方式。
一些投资者通过趋势来帮助预测他们认为股票在未来某个时刻的交易走向。从阿里巴巴来看,投资者可以使用移动平均线和趋势线对股票的长期前景进行评估。如果他们认为股票将保持在移动平均线上方(许多人认为这是一个看涨信号),他们可以使用趋势线将这种趋势推断到未来。根据Benzinga Pro的数据,阿里巴巴集团的200天移动平均线为77.22美元,高于目前的72.15美元。有关图表和趋势线的更多信息,请参阅此处的描述。
交易者认为,当股票高于其移动平均线时,这是一个普遍看涨的信号,而当它跌破移动平均线时,则是一个更加消极的信号。投资者可以使用趋势线做出有根据的猜测,如果情况保持稳定,股票以后可以在哪里交易。
价格走势:在周五的最后一次支票中,BABA股价下跌0.47%,至72.04美元。