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BABA May 2024 60.000 put
| Previous close | 0.0700 |
| Open | 0.0600 |
| Bid | 0.0500 |
| Ask | 0.0800 |
| Strike | 60.00 |
| Expiry date | 2024-05-24 |
| Day's range | 0.0600 - 0.0600 |
| Contract range | N/A |
| Volume | |
| Open interest | 241 |
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BenzingaAfter Nvidia and Apple, Alibaba Chases Vietnam: New Data Center to Boost Control and Meet Local Laws
Alibaba Group Holding Limited (NYSE:BABA) plans to construct a data center in Vietnam to meet legal requirements for local data storage and to cater to increasing demand in one of Asia’s fastest-growing economies. Currently, Alibaba rents server space from Vietnamese state-owned telecommunications companies Viettel and VNPT. The arrangement follows Vietnam’s contentious 2022 law mandating that companies store data within the country—a regulation that sparked resistance from major tech firms like
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According to the average brokerage recommendation (ABR), one should invest in Alibaba (BABA). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
