Shares of Chinese group Alibaba were on fire in Thursday trading, after the company released its fiscal second quarter financial report and raised its outlook. The stock surged as much as 3.1% in pre market trading after the e-commerce company reported revenue of $55.12 billion yuan (or $8.34 billion). This beat the $55.2 billion yuan … Continue reading “Alibaba Soars on an “Outstanding Quarter””
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
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