Alibaba's net income collapsed 75% as capex surged 75%, swinging free cash flow to a 45 billion yuan outflow last quarter.
Burry exited Alibaba for JD.com months ago and says the stock must fall another 50% before he'd consider buying again.
Alibaba is raising $10.2 billion through a 3.7% dilutive share sale while insider purchases by Tsai and Wu totaled just $15 million.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Alibaba didn't make the cut. Grab the names FREE today.
The AI spending boom has created an uncomfortable split in technology stocks. Investors are willing to reward companies that can turn massive infrastructure investments into recurring revenue, but they are becoming less forgiving when those investments crush profits and cash flow first.
#free #stocks #tsai #NVIDIA
Burry exited Alibaba for JD.com months ago and says the stock must fall another 50% before he'd consider buying again.
Alibaba is raising $10.2 billion through a 3.7% dilutive share sale while insider purchases by Tsai and Wu totaled just $15 million.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Alibaba didn't make the cut. Grab the names FREE today.
The AI spending boom has created an uncomfortable split in technology stocks. Investors are willing to reward companies that can turn massive infrastructure investments into recurring revenue, but they are becoming less forgiving when those investments crush profits and cash flow first.
#free #stocks #tsai #NVIDIA
3 days ago
