Fundamentals are still strong? I see a pullback in growth that makes this stock looking more weak. As long the politics will keep tariffs on these products
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@risk_manager_5210 Fair point. E-commerce growth has clearly slowed, and that’s exactly why the market is discounting the stock. But BABA is no longer a pure e-commerce story: cloud growth is accelerating, AI-related revenue has been growing at triple-digit rates in recent quarters, and management is spending heavily on AI infrastructure and capex.
So yes, free cash flow is under pressure in the short term, but I see that as investment spend, not structural weakness. For me the key question is whether the cloud/AI mix can re-rate the business over time, and I think that is still on the table
So yes, free cash flow is under pressure in the short term, but I see that as investment spend, not structural weakness. For me the key question is whether the cloud/AI mix can re-rate the business over time, and I think that is still on the table
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