_alibaba39s-earnings-report-triggers-5-stock-drop-as-net-income-plunges-86-yoy.jpg "Alibaba's Earnings Report Triggers 5% Stock Drop as Net Income Plunges 86% YoY from logiclub net Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:34
👁 View: 615K times
✓ Published: 15-May-2024
👁 View: 615K times
✓ Published: 15-May-2024
Description:
Alibaba's fourth-quarter revenue beat estimates, but net income plunged 86% year-over-year. Alibaba shares dropped around 5% in premarket trading following the earnings release. The company's core e-commerce business recovered, with revenue up 4% and customer management revenue up 5%. Alibaba focuses on reducing low-margin contracts and growing AI-related products in its cloud division. The company's AI revenue experienced \
Alibaba's fourth-quarter revenue beat estimates, but net income plunged 86% year-over-year. Alibaba shares dropped around 5% in premarket trading following the earnings release. The company's core e-commerce business recovered, with revenue up 4% and customer management revenue up 5%. Alibaba focuses on reducing low-margin contracts and growing AI-related products in its cloud division. The company's AI revenue experienced \
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_25-ims-volte-basic-signaling-call-flow.webp "Hamidreza Bolhasani")
_airbnb39s-q1-earnings-beat-expectations-shares-fall-in-after-hours-trading.webp "Airbnb's net income more than doubled in the first quarter compared to the same period last year, though revenue growth was slower at 18%. Earnings per share beat analyst estimates, helped by the timing of Easter holiday revenues. Strong earnings growth was partly driven by one-time factors like the additional leap day and the shift of Easter occurring earlier. Airbnb shares fell around 7% in after-hours trading.")
_introduction-to-logic-for-ai.webp "Neuro Symbolic")
_wired-and-wireless-topology-mapping.webp "NetAlly Network Test u0026 Analysis Solutions")
_session-5-ofdm-as-a-key-transmission-method-used-in-4g-5g-wifi-wigig-lifi-dvb-vdsl-optics.webp "WISLABi (Wislabi.com)")
⏲ 51 minutes 6 seconds 👁 82
_session-3-ofdm-as-a-key-transmission-method-used-in-4g-5g-wifi-wigig-lifi-dvb-vdsl-optics.webp "WISLABi (Wislabi.com)")
Session 3: OFDM as a key transmission method used in 4G, 5G, WiFi, WiGig, LiFi, DVB, VDSL, Optics,..
⏲ 1 hour 52 minutes 37 seconds 👁 126
_uber-beats-revenue-estimates-sees-robust-demand-and-consumer-spending-shifts-fueling-marketplace-expansion.webp "Uber reported first-quarter revenue of over $10 billion, beating estimates but posting a wider net loss. Gross bookings slightly missed forecasts, though mobility bookings grew 25% and delivery 18% year-over-year. Monthly active platform consumers were up 15% from a year ago. The company cited robust demand and consumer spending shifts supporting its marketplace. Uber aims to boost penetration in core services and expand into new segments to drive user growth. Shares fell over 6% in Wednesday's premarket trading.")
⏲ 0:38 👁 2.9M
_gnns-in-network-neuroscience-by-islem-rekik-124-ieee-embs-webinar-series.webp "BASIRA Lab")
⏲ 1 hour 1 minute 57 seconds 👁 415
_25-ims-volte-basic-signaling-call-flow.jpg)
_airbnb39s-q1-earnings-beat-expectations-shares-fall-in-after-hours-trading.jpg)
_introduction-to-logic-for-ai.jpg)
_wired-and-wireless-topology-mapping.jpg)
_session-5-ofdm-as-a-key-transmission-method-used-in-4g-5g-wifi-wigig-lifi-dvb-vdsl-optics.jpg)
_session-3-ofdm-as-a-key-transmission-method-used-in-4g-5g-wifi-wigig-lifi-dvb-vdsl-optics.jpg)
_uber-beats-revenue-estimates-sees-robust-demand-and-consumer-spending-shifts-fueling-marketplace-expansion.jpg)
_gnns-in-network-neuroscience-by-islem-rekik-124-ieee-embs-webinar-series.jpg)
![[+]](/images/menu.gif){kind=small}