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Amazon.com, Inc. (NASDAQ:AMZN) - Here's What The Street Thinks Of Amazon's New Boss

Amazon.com, Inc. (NASDAQ:AMZN) - Here's What The Street Thinks Of Amazon's New Boss
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Alibaba (NYSE:BABA) - Alibaba Analysts React To Earnings Beat: 'Strong Momentum Despite Increased Competition'

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Alibaba Group Holding Ltd (NYSE: BABA) gained 5% on Wednesday after the company reported some impressive December-quarter earnings numbers on Tuesday.
Alibaba reported adjusted EPS of RMB22.03 ($3.41) on revenue of RMB221.06 billion ($34.22 billion). Both numbers exceeded analyst estimates of RMB20.71 ($3.21) and RMB214.29 billion ($33.17 billion), respectively. Revenue was up 36.9% from a year ago.
Alibaba also reported RMB16.11 billion ($2.49 billion) in cloud computing revenue, up 50% from a year ago. The cloud computing business also turned a profit in the quarter for the very first time.
Alibaba shares got a boost after Bloomberg reported Chinese regulators and Alibaba affiliate Ant Group have agreed to terms to a restructuring plan that could put Ant back on the path to an IPO at some point. Alibaba also announced a new $5 billion debt offering. ....

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