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2024-02-07 22:05:54 ET Shares of JD.com (NASDAQ: JD) , the Chinese e-commerce giant, were falling again today. This time, it was in response to a disappointing earnings report from Alibaba (NYSE: BABA) , its close competitor and peer. As of 1:19 p.m. ET, JD stock was dow...
2024-02-07 14:02:19 ET Summary Alibaba Group Holding Limited stock is down nearly 4% after releasing Q3 earnings, wherein management guided for increased spending in 2024 for revitalizing growth within core e-commerce and cloud businesses. In e-commerce, Alibaba wants to boost GMV...
Alibaba Group Holding Ltd. (NYSE: BABA) may be planning to sell some of its brick-and-mortar businesses, including Intime, RT-Mart and Freshippo. Intime is a shopping mall operator while RT-Mart is a retailer operating under the company. On the other hand, Freshippo operates as a grocery busin...
2024-02-07 13:19:03 ET Shares of Alibaba Group Holding (NYSE: BABA) , the Chinese e-commerce giant, tumbled 6% through 12:05 p.m. ET on Wednesday after reporting slight misses on both sales and earnings in its fiscal Q3 2023 financial report this morning. Heading into earnings...
2024-02-07 12:37:00 ET Summary Alibaba ups stock buyback program by $25B but concerns about revenue persist. Chipotle Mexican Grill posts results beat, expects rise in total revenue and mid-single-digit sales growth in 2024. Traders at J.P. Morgan reverse their cautious call o...
2024-02-07 12:26:04 ET Alibaba Group Holding Limited (BABA) Q3 2024 Results Conference Call February 07, 2024 07:30 AM ET Company Participants Rob Lin - Head, Investor Relations Joe Tsai - Chairman Eddie Wu - Chief Executive Officer Toby Xu - Chief Financial ...
2024-02-07 09:30:35 ET Summary Alibaba Group Holding Limited Q3 earnings beat expectations, with $36.67 billion in revenue and $2.67 in adjusted EPS. The stock rallied pre-market after the earnings release, likely due to news of increased buybacks. Alibaba's international comm...
2024-02-07 09:14:00 ET U.S. stock index futures on Wednesday pointed to a higher open, with traders digesting a quarterly earnings deluge from several major names. Yields will also be in focus ahead of a record $42B 10-year Treasury note auction in the afternoon. Here are some stocks to...
2024-02-07 08:28:45 ET More on Alibaba Alibaba: Capitalizing On Change (Technical Analysis, Rating Upgrade) Alibaba: Jack Ma And Joe Tsai Are Buying - Should You? Alibaba Stock: Nothing Happens By Chance Before Earnings Alibaba Non-GAAP EPADS of $2.67 beats b...
2024-02-07 07:19:00 ET More on Microsoft Microsoft: This Time Could Be Different Microsoft: This Is The Perfect Time To Sell (Rating Downgrade) Will Microsoft Ever Come Cheap With A Market Cap Of $3.06 Trillion? Qualys slumps as Microsoft set to replace power...
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Chinese e-commerce giant Alibaba Group Holding Ltd. (NYSE: BABA) is looking to leverage generative artificial intelligence (AI) tools to support merchants based in foreign countries. During the recent Reuters NEXT Conference held in Singapore, top officials from the company revealed that Alib...
2024-07-15 16:35:00 ET Shares of Chinese tech stocks Alibaba (NYSE: BABA) , Baidu (NASDAQ: BIDU) , and JD.com (NASDAQ: JD) fell on Monday, down 2%, 5.9%, and 5.3%, respectively, in Monday's trading session. The downdraft in China-oriented consumer tech names appe...