Alibaba And Amazon Compete For $500 Billion.

It is reported that

The stock price is good this year, but the Alibaba is even better. At present, its market value is expected to surpass Amazon's reputation as the world's largest electricity supplier.

Amazon's share price has risen 30% this year, while Alibaba's share price has doubled, and both companies are rushing to the $500 billion mark.

Investors have reason to be optimistic about the two companies.

They govern China and the United States respectively.

At the same time, they are expanding to new businesses such as groceries, original content and cloud computing.

The difference between the two companies is that the Alibaba market in China is growing faster, and many investors regard Alibaba as a representative of this growth.

This is partly the reason why Alibaba's market capitalization is catching up with Amazon rapidly.

Alibaba has also attracted the attention of some well-known hedge funds, including David Tepper and Dan Loeb, whose funds have bought Alibaba shares this year.

Amazon and Alibaba are also popular with many analysts, though Alibaba is more popular.

None of the 47 analysts who tracked the Chinese technology giant suggested selling their shares.

According to FactSet data, analysts' average target price for Alibaba stock is US $197.51, which is 15% higher than the current price.

By comparison, one of the 44 analysts tracking Amazon shares suggested selling, and the company received an average target price of US $1150.46, which is about 17% higher than the current level.

Despite significant gains, Alibaba and Amazon also have a lot of controversy in the market, especially Alibaba, which is the largest company in the world.

The Alibaba's short position is close to $23 billion.

Tesla followed closely, making short positions of $10 billion 400 million.

Amazon's short position is about $5 billion.

The reason for short sellers to watch Alibaba is the same reason that investors are optimistic.

Short sellers will short Alibaba as a way to short the Chinese economy, betting that China's economic growth will slow down sharply and the stock market will slide.

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