Alibaba plans to raise $4.5 billion through convertible bonds to buy back shares, causing share price to drop by over 5%
Alibaba plans to raise $4.5 billion through convertible bonds to buy back shares, causing share price to drop by over 5%

Oh Bond Where Art Thou?

Darlings Alibaba is apparently considering selling some convertible bonds to the tune of $5 billion. Clearly someone needs to buy these bonds to give Alibaba the cheers it needs!

From Hero to Zero

Alibaba's shares took a nosedive falling over 5% after news of the potential bond offering came out. Trust me I know a thing or two about dramatic highs and lows in life and in the stock market!

To Buy or Not to Buy Back

Alibaba is planning to use the $4.5 billion raised from the bonds to buy back some of its own shares. Talk about investing in oneself! Maybe I should try that too but with shoes.

The Price is Right... or Not?

Alibaba CEO Eddie Wu is all about that growth promising to 'reignite' the company with more investments. Maybe I should tell him that sometimes less is more. Have you seen my shoe collection?

AI Oh My!

Alibaba is not just stopping at e commerce they are diving headfirst into artificial intelligence and cloud services. Who needs shoes when you can have a large language model right?

A Rollercoaster Ride

Alibaba shares have been all over the place this year with ups and downs in both Hong Kong and New York. I guess that's just the stock market's way of keeping us on our toes! Or heels in my case.


Comments

  • iuriakgnez profile pic
    iuriakgnez
    5/25/2024 12:02:56 AM

    If Alibaba is playing with bonds, maybe they should call James Bond for some expert advice!