Incremental Growth in Cloud Spending Hits a New High while Amazon and Microsoft Maintain a Clear Lead

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
Check Earnings Report
US:NYSE Investor Relations:
alibabagroup.com/en/ir/home
Company Research
Source: GlobeNewswire
RENO, Nev., Feb. 04, 2020 (GLOBE NEWSWIRE) -- New data from Synergy Research Group shows that Q4 spend on cloud infrastructure services increased by $2.8 billion over the previous quarter, which is by far the biggest quarterly increment the market has seen. At 37% the year-on-year growth rate is slowly trending down, but this is due to the massive scale of the market which forces growth rates to moderate. Meanwhile Amazon growth continued to closely mirror overall market growth so it maintained its 33% share of the worldwide market. Second ranked Microsoft again grew fast than the market and its market share has increased by almost three percentage points in the last four quarters, reaching 18%. Behind these two market leaders,
Read more
Impact Snapshot
Event Time:
BABA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BABA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BABA alerts
High impacting Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share news events
Weekly update
A roundup of the hottest topics
BABA
News
- Tycoon Gordon Tang Makes Top Bid Of $495 Million For Singapore Waterfront Site [Forbes]Forbes
- Ryde Integrates Alipay to Enhance Travel Convenience for International Visitors in Singapore [Yahoo! Finance Canada]Yahoo! Finance Canada
- AliExpress Celebrates 15 Years of Global E-Commerce Innovation with Deep Discounts and Personalized Shopping Journey Recaps for ConsumersPR Newswire
- AliExpress Announces New Offerings for U.S. Sellers, Affording Greater Flexibility and Seamless Platform IntegrationPR Newswire
- Smart City Platforms Market is expected to generate a revenue of USD 416.1 Billion by 2032, Globally, at 9% CAGR: Verified Market Research® [Yahoo! Finance]Yahoo! Finance
BABA
Earnings
- 11/15/24 - Beat
BABA
Sec Filings
- 3/14/25 - Form 6-K
- 3/7/25 - Form 6-K
- 3/5/25 - Form 6-K
- BABA's page on the SEC website