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@ Yahoo! News - by layer3.news
2025-02-23 11:22:44
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✍️ The article discusses two fallen growth stocks, Alibaba and Roku, that are surging and could hit new highs in 2025.
👉 Alibaba's revenue grew 8% year-over-year in the most recent quarter, driven by solid gains in its popular Taobao and Tmall marketplaces.
👉 Alibaba's cloud revenue accelerated to 13% year-over-year, driven by strong demand for artificial intelligence (AI) services.
👉 Roku's platform revenue grew 25% year-over-year to reach $1 billion in Q4.
👉 Roku's operating loss narrowed over the last year from $104 million in Q4 2023 to $39 million in Q4 2024.
#JohnBallard #China #business
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