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Bear markets are painful to experience. If you are reading this, it is likely that you are a lot more nervous about your portfolio in 2022 than you were in 2021. The price declines of the last few quarters have been broad and steep, and investors are extremely pessimistic about the near ter...
A broad cross section of stocks rallied so far this week, recovering from last month's drubbing and buoyed by a manufacturing report and jobs data that suggest the worst might be over. Then again, it might not. With that as a backdrop, a number of digital-retail stocks far outpaced ...
Shares of international e-commerce stocks were soaring on Tuesday, with Latin American leader MercadoLibre (NASDAQ: MELI) , Korean e-commerce leader Coupang (NYSE: CPNG) , and European luxury goods e-commerce platform Farfetch (NYSE: FTCH) all up big today, rising 5....
Summary Stanley Druckenmiller’s 13F portfolio value decreased from $2.65B to $1.63B this quarter. Duquesne added Eli Lilly and CrowdStrike while reducing Microsoft, Freeport-McMoRan, and Teck Resources. They also dropped Amazon.com. The top three positions are at ~34% o...
Summary Coupang is the leading E-commerce company in South Korea, known as the "Amazon" of the region. The company aims to provide "the best customer service on earth" through its same-day delivery and personalized notes. Coupang produced solid second-quarter results with stro...
New York, New York--(Newsfile Corp. - September 21, 2022) - Levi & Korsinsky, LLP notifies investors in Coupang, Inc. (NYSE: CPNG) ("Coupang" or the "Company") of a class action securities lawsuit. The lawsuit on behalf of Coupang investors has been commenced in the the United States Di...
Summary Coupang is moving its narrative away from a growth business, to a profitable enterprise with some growth. In the current market, investors are going to welcome this new focus. Even though its shareholder base will have to change to one with lower expectations. I estima...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips For short-to-medium-term investors, the markets are at an interesting point. Historically, September has been the worst-performing month for the S&P 500 in terms of average returns. However, November, December and J...
Bank of America reiterated a Buy rating on Coupang ( NYSE: CPNG ) after the e-commerce company's Q2 results. The firm pointed to clearer visibility on an EBITDA recovery trend and to CPNG management's primary focus on profit rationalization. Financial results are seen improv...
Summary Generation Investment Management’s 13F portfolio value decreased from $21.84B to $18.35B this quarter. They added Mastercard and increased Amazon.com, Microsoft, Trane Technologies, and Analog Devices while reducing Baxter International, Becton Dickinson, and Alphab...
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Coupang, Inc. (NYSE: CPNG) will release its second quarter 2024 financial results on Tuesday, August 6, 2024 (Eastern Time). The release will be available after U.S. market close and an accompanying live webcast will begin at 5:30 PM Eastern Time the same day. The earnings release, presentati...