Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
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Demo Trading
Use virtual funds to practice risk-free trading
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CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
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Alibaba Earnings: Adjusted EBITA Misses on Investments, but Long-Term Outlook Remains Positive
Alibaba Group’s December-quarter adjusted EBITA missed estimates due to significant investments in AI and quick commerce, but Morningstar maintains a positive long-term outlook. The company is strategically sacrificing near-term earnings to capture future leadership in AI and quick commerce. Alibaba aims for strong growth in cloud and AI revenue, expecting quick commerce to become profitable by fiscal 2029, and maintains a $258 per share fair value estimate.