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$BABA 1Q16 Call: Cloud computing and internet infrastructure revenue grew 106% YonY. Other revenue grew 82% YonY. In 2016, BABA will continue to invest a portion of free cash flow in new business and the growth of company’s new investment spending to grow as a percentage of revenue. Generated free cash flow of RMB 9.5Bil. CapEx was RMB1.8Bil.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.