Alibaba Earnings: What Wall Street Experts Are Saying

Alibaba's upcoming earnings report is highly anticipated by investors.

The Chinese e-commerce giant is expected to report strong growth in revenue and earnings, but there are some concerns about the impact of the COVID-19 pandemic on its business.

Here's what Wall Street experts are saying about Alibaba ahead of earnings:

• Goldman Sachs is bullish on Alibaba, predicting that the company will beat earnings estimates.
• Morgan Stanley is also positive on Alibaba, but it has a more cautious outlook than Goldman Sachs.
• Citigroup is neutral on Alibaba, saying that the company's growth is likely to slow in the coming quarters.

Overall, Wall Street experts are positive on Alibaba, but they are cautious about the impact of the COVID-19 pandemic on its business.

Alibaba's earnings report is scheduled to be released on August 13th.

Investors will be closely watching the report for any signs of weakness in the company's business.

Here are some key things to watch for in Alibaba's earnings report:

• Revenue growth: Alibaba's revenue is expected to grow by around 20% in the second quarter.
• Earnings per share: Alibaba's earnings per share are expected to grow by around 15% in the second quarter.
• Gross merchandise volume (GMV): Alibaba's GMV is a measure of the total value of goods sold on its platform.
• Cloud computing revenue: Alibaba's cloud computing business is growing rapidly, and it is expected to contribute significantly to the company's overall revenue growth.
• International expansion: Alibaba is expanding its international presence, and it will be interesting to see how this impacts the company's overall growth.

Alibaba's earnings report will provide investors with a better understanding of the company's performance and its prospects for the future.