The creator notes that Planet Labs went up 7% today, indicating a positive day for space companies.
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Alibaba ($BABA) Earnings And China Consumer Change
Sep 3, 2026
The creator discusses Alibaba's recent earnings, highlighting a surprising EPS beat and 9% revenue growth, driven primarily by its cloud and AI segments rather than e-commerce. The video also touches on China's efforts to build its own chip infrastructure due to US restrictions, positioning Alibaba as a key player in this development.
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Alibaba's stock is down 34% from its 2020 highs, but recent earnings showed 9% revenue growth driven by cloud and AI, suggesting a potential turnaround.
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