Alibaba's Q3 revenues beat estimates but earnings miss, plans more investments in e-commerce, AI.

From Nasdaq: 2025-02-21 08:35:00

Alibaba (BABA) shares surged 10% in Hong Kong after reporting third-quarter fiscal 2025 revenues of $38.3 million, exceeding estimates. Plans to invest more in e-commerce and AI. U.S-listed shares rose 8%, closing at $135.97, the highest in over three years. Non-GAAP earnings were $2.93 per ADS, missing estimates by 4.87%. Revenues by segment show growth in Taobao, Tmall, and international markets. Investments made to enhance user experience, open-sourcing AI models. Operating details reveal increased sales and marketing expenses, operating income up 83% year over year. Cash, cash equivalents, and short-term investments increased, with strong cash flow. Zacks Rank #3. Other top stocks in the Retail-Wholesale sector include BBWI, BECN, and CARS. Expecting fourth-quarter results on Feb. 27. Zacks highlights 7 elite stocks for potential price pops. Download the free report for the next 30 days. Consider stocks like Beacon Roofing Supply (BECN), Alibaba Group Holding Limited (BABA), Cars.com Inc. (CARS), and Bath & Body Works, Inc. (BBWI). (Source: Nasdaq)



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