To The Moon

AI written piece of cr@9 

$Alibaba(BABA)$  Just finish listening to the ER half an hour ago. These are my initial thoughts with a glance through the numbers: 1) it's suprisingly a positive release imo. For the first time, they're not behind peers in the industry. E-commerce top line is more or less in line or slightly outperforming & profitability somewhat maintained. 2) Cloud PaaS business is now profitable finally contributing to group margins after multi-decade subsidies. Only drawback is AI application expenses actually outpaced the margins from PaaS business. But AI application is actually growing extremely fast triple digit & crucial to the PaaS long term business. That's the whole model. I consider this development positive. In comparison, Tencent seems

$Baidu(BIDU)$  earnings release basically is just the same as previous quarter except, now market realized the new AI business is not as profitable as it's legacy search ads business. Base on Tencents recent inputs, it's a 30% margin business whereas legacy ads is easily double this figure. In addition, it'll continue to swallow S&M & Capex $$ putting it's book under tremendous strain. At this point, the book still looks alright but if it wants to stay in business, they'll have to spend more. In usual scenario, market should price it at a higher discount, however, in China, it's a different case. BIDU survival will hinge on its relations within the countries government. So far, it seems like gov is still behind them as it has always b

Bloated for too long.... Time for reorganization... All these issues comes from overdue career management people who only thinks for themselves. They came in for the $$. Not the drive. So naturally one by one leaves after things turn south at the company. Alibaba needs to learn how to attract people with vision & drive not $$ & good life.

Great direction

Massive news

Lol not a bad problem tho have

" By undercutting price" ..... Anti-involution??

$NVIDIA(NVDA)$  too much conditions & limitations put on top. Makes it a difficult deal. China must ensure security & US seeks to compromise it & limits usage. But never doubt Jensen. He survives the worst already. Not that easy to go down. After all, he's the man.

Makes sense