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It turns out that Walmart (NYSE: WMT) is a big player in China's logistics sector. The big U.S. retailer has disclosed in a regulatory filing that it now holds nearly 95 million shares of Dada Nexus Limited (NASDAQ: DADA) , a very recent arrival to the stock exchange. That holding equat...
In a sign that China's economy is recovering from the COVID-19 pandemic, e-commerce giants Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD) announced that they recorded record sales during their 618 shopping event yesterday. Named because it's held on June 18, the 618 sales extravaganza was...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . Looking for a catalyst after a muted session on Thursday, U.S. stock index futures advanced 1% overnight after hugging the flat...
Farfetch ( FTCH ) is one of the largest e-commerce solutions for luxury goods, and it is growing rapidly thanks to its significant, technology-enabled platform that is not easy to replicate. Further, the company is well placed to benefit from the ongoing digital shift, which is accelerating ...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . Things are escalating quickly on the digital tax front after the U.S. pulled out of international talks on the matter, saying the ...
Shares of JD.com (NASDAQ: JD ) soared 5.7% at the open on their first day of trading in Hong Kong, in a secondary listing that will give the e-commerce giant proceeds of 30.05B Hong Kong dollars ($3.87B). More news on: JD.com, Inc., Tech stocks news, Read more ...
Sign up for Let's Talk ETFs on your favorite podcast platform: Apple Podcasts Spotify Google Play Stitcher By Jonathan Liss If a picture is worth 1,000 words, then the below chart showing the performance of the Invesco QQQ ETF ( QQQ ) - the only U.S.-listed ...
Growing more optimistic about Chinese internet stocks, Bernstein lifts Alibaba's (NYSE: BABA ) price target from $270 to $290 and JD.com (NASDAQ: JD ) from $60 to $72. More news on: Alibaba Group Holding Limited, JD.com, Inc., Pinduoduo Inc., Tech stocks news, Stocks on the move Read mo...
This is a sneak peak of exclusive content created for Premium and Pro subscribers...please share your comments below. More news on: Lowe's Companies, Inc., Bristol-Myers Squibb Company, Dollar Tree, Inc., , News on ETFs, Read more ...
By ALT Perspective The previous week's update titled Chinese Internet Stocks Demonstrate High Resilience But Brace For Correction Anyway proved prescient. Nonetheless, I admit the risks mentioned - the rising vitriol and aversion towards Chinese companies - were not the main triggers...
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2024-05-17 07:00:14 ET Jerry Liu from UBS issued a price target of $40.00 for JD on 2024-05-17 05:58:00. The adjusted price target was set to $40.00. At the time of the announcement, JD was trading at $34.27. The overall price target consensus is at $81.62 with high pric...
2024-05-17 05:00:04 ET Ellie Jiang from Macquarie issued a price target of $40.00 for JD on 2024-05-17 03:10:00. The adjusted price target was set to $40.00. At the time of the announcement, JD was trading at $34.27. The overall price target consensus is at $87.15 with h...
2024-05-16 15:30:18 ET Image source: The Motley Fool. JD.com (NASDAQ: JD) Q1 2024 Earnings Call May 16, 2024 , 8:00 a.m. ET Operator Continue reading For further details see: JD.com (JD) Q1 2024 Earnings Call Transcript