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Alibaba

Alibaba Cloud to Launch New Data Center and AI-Powered AssistantAn exciting day arrived for Alibaba Cloud as the company unveiled its new meeting assistant AI and announced the launch of a new data center planned for next year in South Korea. The company is trying to end the year strong as it continues to roll out more innovations and future plans. Alibaba Cloud announced the launch of its first data center in South Korea in the first half of 2022. The new data center will offer its clients in South Korea more reliable and secure cloud services as well as highlight the company's effort in its commitment to empowering South Korean businesses' digitalization. Unique Song, the regional general manager of Japan and South Korea, said that "South Korea is a strategic market for Alibaba Cloud and we are building the new data center to address the increasing demand for cloud infrastructure services from local clients. Together with our global data network, we will continue to help our South Korean customers heighten their pace of digital transformation and global expansion through the latest cloud computing technologies and ecosystem support". Alibaba Cloud also unveiled the brand-new AI-powered meeting assistant, Tingwu, and a new version of the company's cloud computing. These new enterprise solutions aim at the growing popularity and surging demand of working remotely. Tingwu was developed by the global research initiative Speech Lab of Alibaba DAMO Academy. The meeting assistant is able to convert spoken words during a meeting into writing with 98% accuracy. Tingwu can also distinguish up to 10 meeting participants' voices and can handle English, Mandarin and 14 other Chinese dialects as well as generate meeting summaries and highlights.
NYSE:BABA
by EqualOcean
Alibaba Cloud Launches Premium DingTalk for 2022 Asian GamesAlibaba’s Premium DingTalk aims to help athletes, volunteers and organizers efficiently communicate at the upcoming 2022 Asian Games in Hangzhou. On October 20, Alibaba Cloud unveiled the Premium DingTalk for sports games at the Apsara Conference 2021. The newly released DingTalk will provide a digital solution for organizing communications for large-scale sporting events and will be used by over 100,000 participants at the upcoming 2022 Asian Games to be held in Hangzhou. The General Manager of the International Business Unit Selina Yuan said, "Alibaba Cloud's ambition is to transform the experience of sports in the digital era. As part of our continued efforts to achieve this goal, our new DingTalk solution is designed to help users manage and operate large-scale sports events in a more structured manner… Following our success in delivering technological solutions and services to digitalize the Olympics Games Tokyo 2020, we are excited about the opportunity to support the upcoming 2022 Asian Games in Hangzhou." The app aims to streamline workflow as well as facilitate communications between different groups. Premium DingTalk also allows smooth real-time information exchange through functions including video conference, multi-language translation, and more.
NYSE:BABA
by EqualOcean
Alibaba | Fundamental Analysis + Next target 🔔Chinese e-commerce behemoth Alibaba Group Holding has become one of the top investment trends of 2021. Over the past year, the company's stock has dropped more than 50% of its value, almost inaudible for a company of this size and status. The stock recently rebounded 15% from its 52-week lows, and investors are curious if the drama is over. And today's review will tell you just why you should be cautious about returning to the Alibaba rollercoaster. The most interesting thing about Alibaba's troubled year is that it has scarcely anything to do with real business. It is the powerful e-commerce business in China's vast economy, and nearly 1.2 billion people worldwide have used its services in the past year. BABA posted revenues of $31.8 billion in its most recent quarter ended June 30, up 34% from the pandemic peak in mid-2020. The business is undoubtedly effective and brings a lot of free cash flow: $3.2 billion per quarter, or 10% of revenue. Over the past year, the Chinese government has taken a decisive stance and has become more active in intervening in large Chinese technology companies. Chinese President Xi Jinping has stressed the need to distribute wealth from large corporations to the Chinese population through social programs, infrastructure, etc. He is putting pressure on dominant Chinese technology companies because China has the regulatory authority to advance them with antitrust lawsuits. Chinese regulators have already fined Alibaba $2.5 billion in antitrust investigations. Perhaps, as a result of this pressure, Alibaba has agreed to donate 100 billion yuan ($15.5 billion) over the next five years to social needs. Given the company's free cash flow of $3.2 billion last quarter, this is a meaningful figure. That's less cash to invest in business development and less money for the company's shareholders. In late 2020, Chinese regulators blocked an initial public offering by Chinese fintech company Ant Group, which would have valued the company at about $300 billion. Like Alibaba, Ant Group is another business headed by Jack Ma and owns China's largest digital payments platform. Regulators have forced Ant Group to restructure its business to comply with Chinese regulations, separating its Alipay platform from its lending business and sharing ownership of its newly created customer data business with the Chinese government. This definitely turns Ant Group into a bank and gives the Chinese state access to Ant Group's consumer data, the "secret sauce" of the business. Alibaba owns a third of Ant Group, and the halt of its IPO is a value-destroying event that probably played a role in Alibaba's stock decline. China creates political problems for Alibaba and similar technology companies that are hard for investors to predict. What happens if the Chinese government decides to take more funds from tech companies? What if regulations become even stricter? Investors have little ability to assess these risks. As a result, Alibaba's stock is selling off as investors try to factor in these risks. Analysts forecast revenues of $140 billion for the entire fiscal year 2022 (the calendar year 2021), resulting in a stock price-to-sales (P/S) ratio of just over 3. Before the pandemic, the stock was trading at a P/S ratio of 10, so it's obvious how much the stock price has declined while the core business keeps expanding. If we go back even further, to three years ago, the P/S of the stock was 15. In other words, the stock's valuation has declined 80% over the past few years. Wow! Right? Let's compare Alibaba to Amazon, a similar company: an e-commerce giant with additional segments like cloud services. Amazon's P/S has never surpassed 5 in the last five years, meaning that at the peak of the P/S ratio Alibaba was valued at five times the price of Amazon stock. Amazon's P/S is currently 3.4, which is only 10% higher than Alibaba's, which may be fair since they are very similar. Alibaba is smaller and may grow a little faster, but then you have to consider the political risks and the company's huge donations to China's social programs. So it would be logical to argue that Alibaba should trade at a discount to Amazon, as it does now. But if you want to absolve doubts about Alibaba, it would still be difficult to justify a significant premium over Amazon's price. It may turn out that Alibaba has been expensive for years and that much of the fall was due to the stock coming to a more adequate valuation, rather than the fall being a once-in-a-lifetime buying opportunity, as some investors think. This means that Alibaba does not have as many prospects as it appears at first glance, and so investors might think twice before grasping Alibaba's recent bounce.
NYSE:BABALong
by FOREXN1
2
BABA - Are we rising this time?-China, oh man, they are just doing their best to keep their local businesses bleed while everyone else is focused on recovery and supporting as much as possible till January (upcoming tapering). -Electricity Shortages, Increased trade war tariffs on U.S import / exports and non ending courts with local businesses is driving the economy to the lowest lows. -Let's see if the good old poor Baba will be able to find a support this time. With the increased attention on BABA's low prices in Wall St., we may expect a big purchase any time now. -First target to break the bearish movement would be a rise to the previous high standing at $180.
NYSE:BABALong
by caldooninvestment
8
We will wait before taking action on Chinese Stocks. Today we will take a look at BABA. When do we think maybe a good moment to start adding Chinese stocks into our portfolio? Of course, we will look at the answer from a technical perspective, and this is the conclusion we make: a) We must see contact with the support level first (Is there buying pressure?) b) If we see bullish pressure, that is the first sign those big investors may be adding again. c) Ok, that's the first filter; the second filter is the breakout of the descending trendline. That would mean a change in behavior or sentiment. Now the price can stabilize and avoid the previous decreasing angle in price. d) Cool, can I buy it now? You can buy whenever you want; however, we will not do that; we want to see our 3rd filter. Corrective Pattern after the contact on the support level + breakout of the descending trendline. It's pretty standard after we observer a breakout of a key level (in this case, the descending trendline), a lot of FOMO comes to the market. "Chinese Stocks are booming! I will not miss this..." And most of the time, those traders or investors get trapped on a correction. e) So if all the previous filters happen, we will develop long setups on BABA. f) Patience is key when looking for quality setups; you can't ask the market for opportunities; you need to wait until the market provides one. Thanks for reading!
NYSE:BABA
by ThinkingAntsOk
55
#Alibaba Comeback Storyat this point #alibaba looks one of the better stocks to gamble in the NYSE. stock is 60% down from the Top. has hit a resistance level just yesterday and might be looking for a small bounce from here. the Ideal scenario for me is if the stock just dives down further towards 90/100 Area that is a major major resistance area and will make a huge comeback from that point. stock is oversold and continues to do so. wouldn't be surprised to see some quick up swings from this point. however for long term traders buying at 140 is a good area and can average out at 100 if it drops further. the long term upside looks 300+ to me from here. some patience on the ongoing china crack down drama can pay well.
NYSE:BABALong
by shaxrashid
1
BABAUSD BABA -Short term bounce on BABA and its token coin(s) !!Different traders have different styles. I tend to like the thrill of catching massive bounces just for the thrill. Is it gambling or calculated risks? The trick is to look at different timeframes. We know with this year long crash, the cat will at least bounce. Maybe not too high, but at least a little. BABA is interesting because it's truly a multinational stock. Imagine which company could "buy" Binance? ;-) They are both owned by the same entity and it's not Wall Street.... If you don't know who Binance is, you will. It's the amazon of Crypto. Let's get back to Just Charts! The daily shows a buy zone in the $129-144 so. These intersections should provide a fairly solid bounce platform. With the US just printing trillions every 6 months, BABA and all equities will see a sharp upswing as fraudulent fiat currency debasement continues with no end possible except a solid reserve currency that cannot be manipulated. BABA is available as a token, "coin" on (as of today, it's a disaster waiting to happen): Uniswap under ticker MBABAUST but one needs to trust the backing. By default assume, it's Bittrex Tehter USDT which is pure crypto toxic. Stay away from that junk. That will cause the next market crash, the takedown of USDT... And German based and regulated FTX under BABA. There's not a lot of BABA as an FTX based token! The current CoinMarketCap ranking is 5041 These spot tokens are backed by shares of stock custodied by CM-Equity. They can be redeemed with CM-Equity for the underlying shares if desired or sold unless CM or any of the complex DeFi bits in between blow up. What are these tokenized stocks? Equities are stocks that trade on traditional regulated exchanges. FTX lists tokens on select equities. These spot tokens are backed by shares of stock custodied by CM-Equity. They can be redeemed with CM-Equity for the underlying shares if desired. FTX is a closed exchange since you have to become a customer of CM-Equity. They aren't listed on leading crypto exchanges like Coinbase, Binance, Gemini, Kraken etc It will be nice when cypto leaves the "wild west" and these large multination issue their own tokens backed by their own stocks and under their custody. Leave out all the banksters middlemen!
NYSE:BABALong
by UnknownUnicorn2413721
ALIBABA, BUYWhen ALIBABA reached all-time-high in October 2020, it has begun retest the support zone (sunshine-coloured horizontal line). And this days ALIBABA is very near to the support zone which means that's potential break of downtrend. As you see from the chart that from October 31, 2018 ALIBABA's uptrend has started and it went on until October 27, 2020 (exactly 2 years or in a word: 728 days(!)) After that it begun downing and these days near to the support zone, moreover, since the all-time-high 342 days has passed (!) Nevertheless, I suggest you to look RSI indicator in 1D timeframe, and I believe that you know what is divergence. All in all, wait until a trend-breakthrough. Good luck in trades, buddy.
NYSE:BABALong
by maximleanke
Alibaba: The Last Frontier1st idea: Short Target: $132 2nd idea: Buy at $132 Target: $150, $180 The Chinese stock market still does not show any signs of an upcoming recovery. Nevertheless, we do believe that the correction might be over pretty soon. As for Alibaba stock, it dropped out of the global rising channel it usually moves into and even broke through the median line of the 2nd channel, which is a projection of the main one. We expect the price to come to $130 since it is a global support level and the bottom line of the 2nd channel. Unfortunately, if a $130 breakout happens, Alibaba will head towards the next support which is only at $86. But we do not believe in this scenario.
NYSE:BABA
by FBSAnalytics
2
Baba going down the waterfall. BABAAgain, a large cap has recently pivoted and had started to draw zigzags heading down in due course. Is this a canary in the coalmine? Fibonacci goals are in green, and invalidation is in red. We know of no more powerful tool in analyzing the markets other than NeoWave / Elliott Wave theory when correctly combined with a few tools in out belt. Make sure to remember that this is not financial advice, and we never give financial advice on this channel. It is your job to create or seek out your own. Good luck out there and be smart!
NYSE:BABAShort
by Rykin_Capital
Wyckoffian Stock Analysis - BABA Possible Accumulation It is obvious that BABA is oversold by now, looking at the news & Investors actions hints that there’s an interest in higher prices If we look at the chart we can see that 1. Around the point marked as SC, we can see an extreme drop of Volume, that is very common when we enter a range 2. The volume started rising recently, around the point when the price broke down out of the range, that activity can hint us a Spring or a TS that will probably be followed by a price rise We still need to wait for a spring test before we can be certain. But for now my prediction is that a bullish trend awaits.
NYSE:BABA
by dma300