(RTTNews) - The Thai Stock market has finished higher in consecutive trading days, rallying more than 55 points or 3.7 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,540-point plateau and it's expected to open to the upside again on Friday.
(RTTNews) - The Thai Stock market has finished higher in consecutive trading days, rallying more than 55 points or 3.7 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,540-point plateau and it's expected to open to the upside again on Friday.
Wang He/Getty Images News Alibaba ( BABA ) just released its earnings for the first calendar quarter ended March 31. The results were superficially mixed. Heading into the release, analysts expected $36.36 billion in revenue, $0.56 in reported earnings per share [EPS], and $0.84 in adjusted EPS. Actual results were $35.23 billion in revenue, $1.52 in reported earnings per share [EPS], and $0.09 in...
Wang He/Getty Images News Alibaba ( BABA ) just released its earnings for the first calendar quarter ended March 31. The results were superficially mixed. Heading into the release, analysts expected $36.36 billion in revenue, $0.56 in reported earnings per share [EPS], and $0.84 in adjusted EPS. Actual results were $35.23 billion in revenue, $1.52 in reported earnings per share [EPS], and $0.09 in adjusted EPS . Based on just these highlight numbers, the release fell about 2% pre-market. With that being said, Alibaba’s earnings releases are increasingly being evaluated not in terms of its “big picture” metrics, but rather the performance of the all-important cloud segment. Nothing can illustrate this change more than the change in BABA’s fortunes than the shift in the stock’s trading through the day yesterday. Shortly after Alibaba’s earnings release, BABA stock bounced between -2% and -4%. As the trading day got underway, however, the stock started rising, as executives gave clear guidance for more AI-related growth and investment. It ended the day up 8%. Alibaba’s latest moves have involved upping investment in cloud computing, the segment that includes most of Alibaba’s AI development. Alibaba has scored a huge AI hit, with its Qwen family of models being the most downloaded (i.e., most popular) family of open source models in the world. Much of the renewed excitement about Alibaba stock has to do with the potential of its cloud segment, which includes Qwen AI. That segment has been seeing renewed interest due to its AI expertise. Last quarter, Alibaba Cloud revenue grew 36% year over year , up significantly from the prior quarter’s 34% . It was a trend of clear acceleration. In the just-reported quarter, the growth rate was 38%, meaning that the acceleration continued in Q1. Broadly speaking, Alibaba’s first quarter showed the company making progress on all of its key operational and financial goals. Cloud growth accelerated, international commerce kept growing,...
VANCOUVER, British Columbia, May 14, 2026 (GLOBE NEWSWIRE) -- American Hotel Income Properties REIT LP (“ AHIP ”, or the “ Company ”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB. V), today announced its financial results for the three months ended March 31, 2026.
VANCOUVER, British Columbia, May 14, 2026 (GLOBE NEWSWIRE) -- American Hotel Income Properties REIT LP (“ AHIP ”, or the “ Company ”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB. V), today announced its financial results for the three months ended March 31, 2026.