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JD Stock Slips Into Death Cross After Walmart Sells Stake
Friday, August 23, 2024 - 11:37am | 877Read More...JD.com Inc. (NASDAQ:JD) stock has entered bearish territory, with a Death Cross signaling a potential downturn. The e-commerce giant is down 1.16% year-to-date and 20.51% over the past year, though it saw a slight uptick of 2.6% in the past month. The recent sell-off by Walmart Inc. (NYSE:WMT) only...
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Chewy Analyst Highlights Website Visits Growth, 'Green Shoots' Across Industry Ahead Of Q2 Earnings
Thursday, August 22, 2024 - 2:43pm | 502Read More...JPMorgan analysts remain positive on Chewy Inc (NYSE:CHWY) heading into earnings next week. What To Know: Chewy is due to report second-quarter financial results before the market opens on Aug. 28. Consensus estimates call for earnings of 3 cents per share on revenue of $2.856 billion, per Benzinga...
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EBay Stock Soars To New Heights, But Watch For Overheated Signals
Thursday, August 22, 2024 - 10:52am | 631Read More...EBay Inc. (NASDAQ:EBAY) is breaking records, trading at new 52-week highs with the stock currently perched at $59.35. This marks a dramatic leap from its year-low of $37.17, showcasing a stellar 34.97% year-to-date gain and a robust 36.77% increase over the past year. The past month alone has seen...
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Alibaba International Records Strong Growth, Lazada Milestone
Wednesday, August 21, 2024 - 11:35am | 1088Read More...Key Takeaways: Alibaba Group’s international e-commerce arm posted 32% revenue growth in its latest quarter, driven by strong performance for its cross-border businesses The company’s diverse mix of cross-border and local e-commerce offerings presents big potential for more market...
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Alibaba-Rival JD.Com Plummets Over 7% In Pre-Market After Largest Shareholder Walmart Sells Stake To Reportedly Raise $3.74B (CORRECTED)
Wednesday, August 21, 2024 - 9:18am | 475Read More...Editor's Note: The headline has been corrected to reflect that Walmart aims to raise $3.74 billion by selling its stake in JD.com. Walmart Inc. (NYSE:WMT) has announced plans to sell its stake in Chinese e-commerce giant and Alibaba-rival JD.com Inc. (NASDAQ:JD), causing JD.com’s shares to...
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Walmart's Results Suggest Consumer Health Is Stabilizing
Tuesday, August 20, 2024 - 9:23am | 504Read More...On Thursday, Walmart Inc (NYSE: WMT) reported its fiscal second quarter results, topping Wall Street estimates for both sales and profits. Based on the strength its half year results reflected, the largest U.S. retailer raised its full-year outlook. It is quite a contrast compared to the...
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Alibaba's E-Commerce Challenges Overshadow Cloud Acceleration
Tuesday, August 20, 2024 - 9:17am | 497Read More...On Thursday, Alibaba Group Holding Limited (NYSE: BABA) missed estimates with its June quarter results. Since getting behind the CEO helm, Eddie Wu has been focused on getting Alibaba’s core China e-commerce business back on its stable feet, but the cautious Chinese consumer and...
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Walmart Stock 'One Of The Most Compelling' Retail Investments: 7 Analysts Highlight Market Share Gains
Friday, August 16, 2024 - 12:18pm | 968Read More...Walmart Inc (NYSE:WMT) analysts are highlighting the company’s market share gains and improving gross margins in the retailer’s second-quarter earnings report. The Walmart Analysts: Bank of America analyst Robert Ohmes reiterated a Buy rating and raised the price target from $75 to $...
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Alibaba's Taobao Overhaul Boosts Growth: Analyst Expects 6% Quarterly Revenue Spike
Wednesday, August 14, 2024 - 3:11pm | 485Read More...Bank of America is bullish on Alibaba Group Holding Limited (NYSE:BABA) and expects a 6% spike in year-over-year revenue when the Chinese e-commerce company reports first-quarter earnings Thursday. The expected a 6% increase in revenue to 248 billion yuan is in line with analyst consensus. Analyst...
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Stock Of The Day: Amazon Stock Eyes Gap Refill
Wednesday, August 14, 2024 - 2:47pm | 611Read More...The old Wall Street saying “gaps refill” is true. It means that if a stock moves quickly, or “gaps,” through price levels going one way, and then eventually reverses and gets back to those same levels going the other way, it could move quickly or gap back through them in the...
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Alibaba Vs. JD: Which Chinese E-Commerce Stock Is The Better Investment Ahead Of Earnings?
Wednesday, August 14, 2024 - 11:18am | 705Read More...As Alibaba Group Holding Ltd (NYSE:BABA) (NYSE:BABAF) and JD.com Inc (NASDAQ:JD) gear up to report earnings Thursday, investors are eyeing which stock offers the best opportunity. Here’s a head-to-head comparison to help determine which Chinese tech giant might be the better investment....
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Chewy Stock Gains Amid Broader Market Rally
Tuesday, August 13, 2024 - 3:51pm | 389Read More...Chewy Inc. (NYSE:CHWY) is enjoying upward momentum as part of a broader rally across the retail, e-commerce and consumer discretionary sectors. This rally was spurred by the release of softer-than-expected July Producer Price Index (PPI) figures. What To Know: The latest PPI report indicated a...
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Shopify Has Gotten Its Mojo Back As It Flexes Its Pricing Power Muscles
Monday, August 12, 2024 - 10:07am | 504Read More...On Wednesday, Shopify Inc (NYSE: SHOP) topped estimates with its second quarter results. The Canadian e-commerce rival of Amazon (NASDAQ: AMZN), Etsy Inc (NASDAQ: ETSY) and Wayfair Inc (NYSE: W) enjoyed strong demand despite “a mixed consumer spend environment.” Its rival...
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Can Shopify Stock Rebound? Key Insights Ahead of Q2 Earnings
Tuesday, August 6, 2024 - 6:06pm | 467Read More...E-commerce platform Shopify Inc (NYSE:SHOP) is due to report second-quarter earnings Wednesday morning. Here’s what investors need to know. Shopify Looks To Rebound JPMorgan’s analysis of the company’s upcoming second-quarter 2024 earnings, due during Tuesday’s pre-market...
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Amazon Reports Drop In Prices And Slower Growth In High-Ticket Items Compared With 'Normalized Economy,' But Faster Delivery Is A Silver Lining
Friday, August 2, 2024 - 1:42am | 714Read More...On Thursday, e-commerce giant Amazon.com Inc. (NASDAQ:AMZN) disclosed a shift in consumer preferences towards lower-priced items and everyday essentials, resulting in a drop in average selling prices (ASPs). What Happened: During Amazon’s second-quarter earnings call, the e-...
















