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BABA Stock News

Stock Market Today

Stock Market Futures Heading Down After Five Straight Record Closes

Today (Wednesday), stock market futures are going down. This is after five straight record closes.

Between a sales tax hike discussion in Japan, and a social media stock analyst meeting, there are plenty of stories that the markets will be moving on.

Here's what else you'll need to know to make today's investing profitable.

Stock Market Today

Stock Market Today Moving on BABA, AT&T, and CMCSA News

Good morning! Futures indicate the stock market today will rise from yesterday's close.

What to watch today: Investors should get an announcement from e-commerce giant Alibaba Holding Group Ltd. (NYSE: BABA). The company just concluded sales on Chinese Singles' Day. The holiday, which was created to celebrate or lament being single in China, is the largest 24-hour online shopping event in the world.

Here's what else you should know - including your Money Morning Tip of the Day - to make your Tuesday profitable...

Alibaba

Alibaba (NYSE: BABA) Stock Price Hits New High on Earnings Beat - What to Watch Now

The Alibaba Group Holding Ltd. (NYSE: BABA) stock price reached another all-time high of $103.80 today (Tuesday) after the company reported quarterly earnings.

Alibaba officials reported earnings per share (EPS) of $0.45, which matched consensus estimates. Revenue was $2.74 billion, which beat estimates of $2.64 billion. Revenue was up 54% from last year.

And while many on Wall Street focus on EPS and revenue today, there are other factors in today's report that are even more important for the BABA stock price...

Alibaba

Alibaba (NYSE: BABA) Stock Will Move on This Factor Following Earnings Report

Alibaba Group Holding Ltd. (NYSE: BABA) stock closed Monday up 3.3% at $101.80, the final closing price before the firm's first earnings report as a public company comes out before Tuesday's bell. BABA reached an all-time high of $102.80 earlier Monday morning.

Alibaba officials will announce Q3 earnings before the bell on Tuesday, and analysts are predicting earnings per share (EPS) of $0.45.

Wall Street experts will be analyzing Alibaba's EPS and revenue figures, but there is something much more important to look for in Alibaba's Q3 earnings report...