Alibaba

Hmm, would I reconsider my stance on Chinese Alibaba $BABA?

Alibaba's CEO announced today that he is currently focusing on expanding the business in Europe. The words were even used as a top priority in connection with Europe.

China's central bank cut its short-term interest rate for the first time in 10 months on Tuesday to restore market confidence and support a slowing economic recovery in the world's second-largest economy after the pandemic.

Hi investors, have a great day.

Lately, we've been discussing $NIO stock, its development, the company's evolution, new cars, and the politics that interfere with that.

I would like to buy some Chinese stocks like $NIO or $BABA.

Alibaba $BABA has cash that makes up 52% of its market capitalization. Net cash makes up 32% of its market capitalization. That doesn't sound like a totally bad deal to me 🤔

How do you feel about $BABA?
The mood was very positive before the last results, but we were looking at below $80 towards the end of last week. This was mainly due to bad news from the cloud segment.
I'm curious to see how the price will perform this week... What do you think?

Hey investors, have a nice Sunday.

This week 8.5 - 12.5 we had some interesting companies reporting their quarterly results.

For my part, I can say that I was pleasantly surprised by $WMT, whose results nicely exceeded expectations. I don't own shares of $WMT yet, but I would like to buy a few shares, but the share price would have to come down.

I was also a little disappointed...
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Along with its quarterly results, Alibaba $BABA told us the news that it has approved the spin-off of its cloud unit. Alibaba on Thursday approved the full spin-off of Cloud Intelligence Group, aiming to complete the spin-off in the next 12 months.