Similar Stories to Alibaba Revenue Up 54% To $7.67 Billion, But Entertainment Losses Deepen on Bing News

Chinese e-commerce giant Alibaba announced a 54% increase in revenue for the third quarter of its financial year, with the group total hitting $7.67 billion. But overall losses in entertainment deepened, even as the group’s revenue stream from media and entertainment nearly tripled to $585 million. Net income for Alibaba was up 38% at $2.47...

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BING NEWS:
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    Few companies have lost more than the $32 billion that Boeing has lost in the last five years. And fewer companies could lose that kind of money and not be facing bankruptcy — or worse.
    05/3/2024 - 1:13 am | View Link
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    05/2/2024 - 7:56 pm | View Link
  • Silvercrest Asset Management Group Inc. Reports Q1 2024 Results
    NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the “Company” or “Silvercrest”) today reported the results of its operations for the quarter ended ...
    05/2/2024 - 11:00 am | View Link
  • Penn Entertainment Remains Optimistic Despite Revenue Dip in Q1 2024
    Despite the fact that Penn Entertainment reported a 3.8% decline in revenue in Q1, it continues to keep a favorable stance on its growth.
    05/2/2024 - 9:59 am | View Link
  • PENN Entertainment Announces $114.7M Loss in First Quarter
    Prior to the announcement of the company’s first quarter results, Wall Street analysts had predicted losses ... of $1.4 billion; Adjusted EBITDAR of $479.0 million Adjusted EBITDAR margins of 34.1%.
    05/2/2024 - 4:04 am | View Link
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