$Alibaba(BABA.US) | BofA Securities 𝗿𝗲𝗶𝘁𝗲𝗿𝗮𝘁𝗲𝘀 𝗕𝘂𝘆 on 𝗔𝗹𝗶𝗯𝗮𝗯𝗮 𝗚𝗿𝗼𝘂𝗽, maintains PT at $𝟭𝟳𝟮
Analyst sees dilution and capex concerns offset by strong cloud guidance, improving AI economics and sequential free-cash-flow recovery.XPeng’s Top Secret AI Robotics Program Outshines EV Woes
Hong Kong Stocks Close Mixed: Hang Seng Dips 6 Points, Property Shares Rally, Meituan Tumbles Over 6%
Alibaba Is Selling $10.2 Billion of Stock to Fund AI. Alphabet and Intel Went First.
Alibaba Group Holding Ltd. (9988) Gets a Buy from Guohai Securities
Hong Kong Midday: Hang Seng Dips 0.25%; Mainland Developers Surge, Gold Stocks Retreat, Meituan Slides 6%
Hong Kong Stocks Open Higher Then Fade; Biotech Surges, Xpeng Tumbles Nearly 8% Post-Earnings
$Alibaba(BABA.US) | BofA Securities 𝗿𝗲𝗶𝘁𝗲𝗿𝗮𝘁𝗲𝘀 𝗕𝘂𝘆 on 𝗔𝗹𝗶𝗯𝗮𝗯𝗮 𝗚𝗿𝗼𝘂𝗽, maintains PT at $𝟭𝟳𝟮
Analyst sees dilution and capex concerns offset by strong cloud guidance, improving AI economics and sequential free-cash-flow recovery.
The robotics biz raised over $900mn in its first round at a post-money valuation above $6.2bn, and is slated to enter volume production by year-end. However, the core auto unit's per-vehicle GPM remains just 12.1%, and quarterly net loss widened to RMB 1.34bn. For Q4, the company targets 60k+ monthly deliveries, with overseas quarterly deliveries aiming for 40k.
It will be interesting to see if US-Canada trade war ends up being just a negotiation tactic. It’s not the first time the Trump administration has done this.
US-Canada trade talks collapsed Friday, and new 50% tariffs on roughly $20B of Canadian goods took effect over the weekend, with Ottawa vowing to match them dollar-for-dollar; another round looms Tues...