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2024-06-12 08:30:00 ET Summary MercadoLibre's alternative payment system, Mercado Pago, has helped differentiate its offerings and boost market share in Latin America's competitive e-commerce industry. Mercado Pago's success in Mexico, providing digital payments and credit to unde...
2024-06-11 08:56:50 ET More on Alibaba Group Holding Limited Alibaba: At An Important Inflection Point Alibaba: Top Choice To Get Chinese AI Exposure Alibaba: Central Bank Gives Green Light To Investors Historical earnings data for Alibaba Group Holding Limit...
2024-06-11 08:00:00 ET Summary We discuss the concept of an inflection point and its relevance to Alibaba at the moment. Note Lyn Alden's cautionary comments on Alibaba and the importance of considering the context of price formation. There are two possible paths for Alibaba's...
2024-06-10 11:52:15 ET Summary Celestica Inc.'s revenue for Q1 2024 exceeded expectations, driven by strong growth in the CCS segment. The company's EPS guidance for the next quarter anticipates a higher tax rate that may not materialize. Celestica raised its full-year outlook...
2024-06-05 07:19:11 ET Summary Alibaba's fundamentals continue to improve as its e-commerce business demonstrates strength and AI-related revenue soars. Alibaba has invested in several promising Chinese AI startups over the last few quarters, indicating the management's focus on m...
2024-06-05 04:00:00 ET Summary LRT Capital is a fundamental investment hedge fund. Our sole aim in crafting our investment program is to maximize long-term investment returns. For the month of May, the strategy was up +0.69%, bringing overall results to +11.46% for the year. O...
2024-06-04 14:26:14 ET Summary Alibaba Group Holding Limited stock has seen a rally followed by a pull-back, but renowned investors and hedge funds are opening positions in Chinese stocks. The Chinese government is expected to further support the economy and housing market, giving...
2024-06-03 20:03:51 ET Summary Soros Fund Management's 13F portfolio value decreased from $7.65B to $6.02B in Q1 2024. New stakes include Cloudflare Inc. Puts, Cerevel Therapeutics, and Aramark. Stake disposals include Apple Puts, PDD Holdings Puts, and SPDR Index Euro Stocks ...
2024-05-29 21:17:32 ET Summary Alibaba reported 45% YoY growth in the International Digital Commerce segment revenue compared to 7% consolidated revenue growth. Over the last two years, the international revenue has doubled from RMB 14 billion in the March-ending quarter of 2022 t...
2024-05-29 11:30:00 ET Summary Harding Loevner is an investment manager that invests primarily in publicly traded global equities. We were founded in 1989 by former managers for the Rockefeller family. Harding Loevner is a Delaware limited partnership. We operate independently of Affi...
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Alibaba Group Holdings Ltd ( OTCMKTS:BABAF ) traded higher by 8.66% in Hong Kong on Monday on positive tech news. According to the latest stock market reports, Alibaba founder Jack Ma had agreed to relinquish his control of the embattled Ant Group. The latter was at the centre of a sc...
Alibaba Group Holdings Ltd. (OTCMKTS:BABAF) fell 18% on Monday after negative China news. Cumulatively, the stock has lost more than half of its value year-to-date. The Monday sell-off affected all the major Chinese tech giants, including Tencent, Baidu, and Meituan. Investo...
Alibaba Group Holding Ltd (OTCMKTS: BABAF) shares are reportedly doing well. Thanks to the improved lateral relationship between the U.S. and its Chinese counterpart, the stock market in both nations witnessed a positive sign. The S&P 500, NASDAQ, and Dow, having recorded gains, were in t...