Billionaire Investor Cuts Amazon And Starts Fresh With Alibaba

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Billionaire investor Daniel Loeb, through his hedge fund Third Point LLC, reduced his stake in Amazon.com Inc (NASDAQ: AMZN) and initiated a new position in Alibaba Group Holding Ltd (NYSE: BABA) during the fourth quarter of FY25. The article details recent key events for both companies, provides a technical analysis of Alibaba, and outlines its upcoming earnings and analyst outlook, noting a “Buy” rating with an average price target of $188.69.

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