Sentiment: Positive
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Alibaba (BABA) Stock Rises 3% Before Earnings: What Wall Street Expects Thursday
By Trader Edge at 2026-10-01 10:22
Sentiment: Positive
TLDR BABA rose 2.76% Tuesday to close at $128.15, ahead of fiscal Q1 2027 earnings on Thursday, August 20. Wall Street expects revenue of RMB 268.5 billion ($38.63 billion), up 8% year-over-year, but adjusted EPS is forecast to drop 27%. Alipay launched a new all-in-one AI platform for businesses, boosting sentiment; BABA stock rose as [...] The post Alibaba (BABA) Stock Rises 3% Before Earnings: What Wall Street Expects Thursday appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
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