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2023-08-10 08:03:02 ET Alibaba ( NYSE: BABA ) stock rose about 3% premarket on Thursday after Q1 results beat estimates. Non-GAAP earnings per ADS rose 48% Y/Y to RMB17.37 ($2.40). Revenue grew 14% Y/Y to RMB234.16B ($32.29B). Alibaba said that starting from the qua...
2023-08-10 06:43:34 ET The U.S. President Joe Biden signed an executive order on Wednesday to regulate certain U.S. investments in China in the three areas of, semiconductors and microelectronics, quantum information technologies, and artificial intelligence, or AI. The Biden administra...
2023-08-09 09:52:18 ET A U.S. proposal to limit investment in China may apply only to Chinese companies which obtain at least half of their revenue from cutting-edge businesses such as quantum computing and artificial intelligence (AI), Bloomberg News reported citing people with knowl...
2023-08-09 08:30:39 ET China will require all mobile app providers in the Asian nation to submit business details with the government, Reuters reported citing the country's Ministry of Industry and Information Technology (MIIT). The move is an effort to keep checks on the industry. MIIT...
2023-08-08 12:29:00 ET Chinese stocks including Alibaba ( NYSE: BABA ) and Nio ( NIO ) fell on Tuesday after weak economic data came out of China. China's imports contracted by 12.4% in July, more than forecast of a 5% decline. Exports decreased by 14.5%, compared to a fall ...
SHANGHAI, China, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced that it will report its second quarter 2023 unaud...
2023-08-02 10:06:38 ET The Cyberspace Administration of China (CAC) has drafted guidelines for preventing minors from spending too much time on their smartphones, dealing a potential blow to social media providers. Chinese tech shares fell on Tuesday following the announcement...
2023-08-02 10:00:00 ET Bilibili (NASDAQ: BILI) was one of China's hottest growth stocks. The Chinese gaming, streaming media, and e-commerce company's stock hit an all-time high of $156.37 on Feb. 10, 2021 -- marking a 1,260% gain from its initial public offering (IPO) price of $11....
2023-08-02 07:33:00 ET A stampede of bulls rushed to Nio (NYSE: NIO) and Bilibili (NASDAQ: BILI) during the buying frenzy in growth stocks in early 2021. Nio's stock hit an all-time high of $62.84 on Feb. 09, 2021 as the Chinese electric vehicle (EV) maker dazzled investors ...
2023-07-28 11:58:55 ET Chinese stocks have been rising on Friday after early signs that authorities are acting on policy promises made at the Politburo meeting, Bloomberg News reported. Alibaba ( NYSE: BABA ) and Baidu's ( NASDAQ: BIDU ) shares rose ~5% each, respectivel...
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2024-07-10 11:15:02 ET Goldman Sachs analyst issues NEUTRAL recommendation for BILI on July 10, 2024 09:40AM ET. The previous analyst recommendation was Neutral. BILI was trading at $16.925 at issue of the analyst recommendation. The overall analyst consensus : BUY. ...
2024-06-27 10:47:03 ET Walgreens Boots Alliance Inc (WBA) WBA is trading DOWN for the last 4 days, and it at trading at $11.80 with volume of 63,043,004 and a one day change of $-3.87 (-24.68%). Walgreens Boots Alliance Inc has a 52-week low of 14.62 and a 52-week high of $31.88. Th...
2024-06-20 03:18:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...