Alibaba (BABA) Descends Due To Difficult Markets
Schwab Network
English - November 16, 2022 22:14 - 7 minutes - 67.8 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Alibaba (BABA) posted its first annual top-line decline in history in 1Q23, says Jim Kelleher. He and Lee Bohl discuss BABA. Jim notes that BABA is navigating a Chinese market beset with political, competitive, and medical obstacles. They talk about BABA's earnings highlights which will be released November 17th. Lee notes that BABA is facing stiff competition and low barriers of entry from Douyin and Tencent. Tune in to find out more about the stock market today.