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Mark Mahaney from RBC Capital asks about the monetization rates longer term and if there are any governors to how high those rates can go. $BABA said that its value proposition is much broader than distribution. So the take rate will go up, but said the company is not sure how far it will go.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.