Alibaba (BABA), a multinational technology and e-commerce behemoth, is set to report its Q4 2022 earnings on May 6. With a market capitalization of $263 billion, the company has lost almost 13% of its worth over the past three months. The stock price of Alibaba continues to be weighed down by recent lockdowns, ongoing regulatory challenges, macro headwinds, and heightened competition. Alibaba posted mixed quarterly earnings in Q3 2022. Revenues of $38.01 billion were up 10% year-over-year, but fell short of the $38.83 billion consensus projection. Non-GAAP diluted earnings per ADS of $2.65 came in above the consensus estimates of $2.55.
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