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Breaking Down BABA Earnings: "Things Could Get Worse Before They Get Better"
Manage episode 482929726 series 3645668
Alibaba (BABA) shares are down after earnings which Melissa Armo says "looks like a short to me" adding "it's really hard to think about buying this" amid rockier U.S.-China trade relations. She's bearish on BABA and JD.com (JD). Olivier Blanchard says it's been a tough quarter considering macroeconomic conditions and the trade war, but he still "moderately hopeful" in the Chinese economy which would benefit stocks like BABA. He points out the A.I. exposure for BABA and how that factors into forward expectations.
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4631 episodes
Manage episode 482929726 series 3645668
Alibaba (BABA) shares are down after earnings which Melissa Armo says "looks like a short to me" adding "it's really hard to think about buying this" amid rockier U.S.-China trade relations. She's bearish on BABA and JD.com (JD). Olivier Blanchard says it's been a tough quarter considering macroeconomic conditions and the trade war, but he still "moderately hopeful" in the Chinese economy which would benefit stocks like BABA. He points out the A.I. exposure for BABA and how that factors into forward expectations.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
4631 episodes
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