O'Keefe Stevens Advisory Q2 2024 Investor Letter [Seeking Alpha]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am
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Source: Seeking Alpha
O'Keefe Stevens Advisory Follower s Follow Summary Continued hopes of near-term rate cuts drove a 3.9% gain in the S&P 500 in Q2. The S&P equal-weighted index again lagged its market cap-weighted counterpart, down ~2% in the quarter, displaying the concentrated and top-heavy nature of the rally. We initiated two new positions during the quarter: Alibaba and Perrigo. Avalon_Studio Market Outlook Continued hopes of near-term rate cuts drove a 3.9% gain in the S&P 500 in Q2, led by names you may have heard of - Nvidia ( NVDA ), which was the largest company in the world for a brief second. Microsoft, Alphabet, Amazon, and Meta saw their stocks rise 10%+ in the first half. These five stocks accounted for ~63% of the S&P 500's rally in the first half, led by Nvidia accounting for roughly half of the 63%. The S&P equal-weighted index again lagged its market cap-weighted counterpart, down ~2% in the quarter, displaying the concentrated and top-heavy nature of the rally.
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- Alibaba to allow payment through Tencent's WeChat Pay for the first time on e-commerce apps [MSNBC.com]MSNBC.com
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- Ant Group Sees 300% Rise in International Users Adopting Mobile Payment in China in 2024 [Yahoo! Finance]Yahoo! Finance
BABA
Earnings
- 8/15/24 - Beat
BABA
Sec Filings
- 9/6/24 - Form 6-K
- 9/5/24 - Form 6-K
- 8/30/24 - Form 6-K
- BABA's page on the SEC website