Alibaba (BABA) Weakness Highlighted After Poor Earnings
Alibaba (BABA) falls after an earnings miss. Alibaba’s restructuring implemented in 2023 hasn’t done them any favors, notes Cyrus Amini. He and Anthony Sassine discuss how Alibaba plans to boost its buyback program by $25B through March 2027. Sassine highlights that investors have become concerned that Alibaba has been losing too much market share to Pinduoduo (PDD). Tune in to find out more about the stock market today.
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