-
Tencent Reportedly Creating Team To Work On China's Digital Currency Pilot
Thursday, December 26, 2019 - 7:43am | 415Read More...Shenzhen-based technology giant Tencent Holdings Ltd. (OTC: TCTZF) is creating a new digital currency team, Coindesk reported on Tuesday, citing local media reports. What Happened According to CoinDesk, Tencent sent out an internal notice to employees informing them that the company is...
-
China's JD.Com Logistics Arm Looking To Raise $10B IPO: Report
Monday, December 23, 2019 - 6:23am | 265Read More...Chinese e-commerce giant JD.Com Inc.’s (NASDAQ: JD) logistics arm is seeking to raise between $8 billion to $10 billion in a potential initial public offering, Reuters reported on Monday. What Happened JD Logistics, which became a separate entity from the larger e-commerce company in 2017, is...
-
Barron's Picks And Pans: Alibaba, Biogen, China Mobile, Peter Lynch Picks And More
Saturday, December 21, 2019 - 12:24pm | 694Read More...This weekend's Barron's reveals what legendary stock picker Peter Lynch has to say about active investing, growth stocks and more. Other featured articles look at which of the decade's top performers still have room to run and how Barron's 2019 tech stock picks fared. Also, the...
-
Jeff Bezos Named Businessperson Of The Decade: Global CFOs Survey
Thursday, December 12, 2019 - 7:39am | 333Read More...A majority of financial executives worldwide said that they consider Amazon.com, Inc.’s (NASDAQ: AMZN) Jeff Bezos as the top businessperson of the decade, according to CNBC. CNBC’s latest Global CFO Council survey named Amazon’s founder, CEO, and president, Jeff Bezos the most...
-
Bankers Promote Hong Kong Listing After Alibaba Success
Tuesday, December 10, 2019 - 12:22am | 395Read More...Inspired by Alibaba Group Holding Ltd’s (NYSE: BABA) recent secondary-listing success in Hong Kong, bankers are telling other U.S.-listed Chinese companies to do the same, according to The Nikkei. What Happened Bankers told The Nikkei that they are asking U.S.-listed Chinese companies to...
-
Black Friday Sees Record Sales, Still Less Than 11% Of China's Singles Day
Monday, December 2, 2019 - 2:30am | 420Read More...The online sales on Black Friday hit a record of $7.4 billion this year, according to the 2019 Holiday Shopping Trends report by Adobe Inc (NASDAQ: ADBE). Record Sales The sales are up 19.6% compared to last year. The Black Friday sales fell slightly short of Adobe’s estimated $7.49...
-
Alibaba Shares Surge In Hong Kong IPO Debut
Tuesday, November 26, 2019 - 12:15am | 269Read More...Alibaba Group Holding Limited (NYSE: BABA) made an impressive homecoming debut at the Hong Kong Stock Exchange on Tuesday (Beijing time). Price Action The Chinese e-commerce giant’s shares opened at about $23.89, 6.25% higher than the $22.49 it priced its shares at the initial public...
-
Alibaba Funnels $3.3 Billion Into Logistics Arm As E-commerce Demands Intensify
Friday, November 8, 2019 - 6:31pm | 335Read More...Alibaba Group Holding Ltd (NYSE: BABA), the world's largest online and mobile commerce company, announced a further investment of $3.3 billion in its logistics affiliate, Cainiao. By funneling another $3.3 billion into Cainiao, Alibaba now owns 63% equity in the company. This percentage grew from...
-
Barron's Picks And Pans: AbbVie, Alibaba, Fiat Chrysler, Garmin And More
Saturday, November 2, 2019 - 11:56am | 673Read More...This weekend's Barron's cover story presents the results from the most recent Barron's China Roundtable. Other featured articles discuss high-yield stocks with safe payouts and small-cap value stocks worth holding on to. Also, the prospects for a merging automaker, a private equity...
-
Barron's Picks And Pans: Netflix, Raytheon, Spotify, Taiwan Semi And More
Saturday, October 5, 2019 - 12:00pm | 690Read More...This weekend's Barron's cover story examines the race to zero trading commissions. Other featured articles discuss how to play a complicated merger and why Chinese stocks are lagging. Also, the prospects for a chipmaker, a music streamer, shippers, pot stocks and more. "Who Will Win...
-
Alibaba To Report Q1 Earnings With U.S.-China Woes Unresolved
Wednesday, August 14, 2019 - 11:36am | 1208Read More...As Chinese online retailer Alibaba Group Holding LTD (NYSE: BABA) forges into new markets in recent months, it’s been facing a few forces from a couple directions. On the one hand, its shares have lagged seemingly in tandem with negative news on the U.S.-China trade front, an issue that...
-
Alibaba Opens Its Platform To B2B Sellers In U.S.
Tuesday, July 23, 2019 - 3:17pm | 628Read More...Chinese business-to-business e-commerce giant Alibaba Group (NYSE: BABA) said Tuesday that it will make its platform, Alibaba.com, available to U.S.-based sellers, a dramatic step with competitive ramifications for all players in the domestic e-commerce supply chain. The new channel will be...
-
Benzinga's Bulls & Bears Of The Week: Boeing, Ford, Target, Tesla And More
Saturday, May 25, 2019 - 3:26pm | 832Read More...Benzinga has examined prospects for many investor favorite stocks over the past week. Bullish calls included aerospace and automotive giants. Bearish calls included retailers and an EV maker. The markets were a bit of a roller-coaster this past week as trade concerns continued to loom over the...
-
Alibaba's Q4 Results On Tap Amid Escalating Trade War
Monday, May 13, 2019 - 4:05pm | 1014Read More...With its earnings release around the corner, Alibaba Group Holding Limited (NYSE: BABA) is among the companies with shares that have been taking a beating from the escalating tariff issue between the U.S. and China. Last week, as U.S. tariffs on Chinese imports officially kicked in, shares of BABA...
-
TD Ameritrade IMX Continued Its Dip In December, Falling To A More Than Two-Year Low
Tuesday, January 8, 2019 - 2:39pm | 847Read More...Declining for the third month in a row, TD Ameritrade’s December Investor Movement Index (IMX) fell to a more than two-year low of 4.41 over the course of December. This is more than 16 percent below November’s reading of 5.27 and marks the steepest drop in the broker’s regular...
















