|Bid||148.80 x 2200|
|Ask||148.99 x 800|
|Day's Range||145.72 - 150.70|
|52 Week Range||130.06 - 211.70|
|Beta (3Y Monthly)||1.77|
|PE Ratio (TTM)||42.61|
|Earnings Date||Jan 30, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||203.68|
Equities Down on Chinese Data After Failed Rally Yesterday Stocks tried to rally yesterday as the Dow Jones (NYSEARCA:DIA) rallied by as much as 170 points but the rally fizzled by the end of the day with the Dow the only one of the 3 major indexes to finish positive on the day, closing 70 […] The post Market Weekend: Stocks Falter, Starbucks Teams Up with Alibaba, Greenspan Downer, Brussels Crushes May appeared first on Market Exclusive.
The new Olympic store will be initially available to Chinese fans on Alibaba’s Tmall, with additional plans in development to create a global ecommerce platform for fans around the world. The Olympic store on Tmall has been launched as part of the new IOC Global Licensing Strategy, which aims to engage and connect with fans seeking official Olympic branded merchandise, in line with Olympic Agenda 2020. The launch was announced at the second annual Tmall Winter Festival in Zhangjiakou, a three-day online and offline retail event to generate excitement for winter sports among Chinese consumers.
It’s a bit overwhelming, but these VR headsets can display 18 screens at once, and turn data into a multicolored, three-dimensional forest
BEIJING—Longtime Alibaba Group Holding Ltd. executive Lucy Peng is stepping down as chief executive of the e-commerce giant’s Lazada Group after nine months on the job, as the company faces growing competition in Southeast Asia. Ms. Peng, a co-founder of Alibaba, has been replaced by Executive President Pierre Poignant, the company said Thursday in a statement. The change in assignment is the latest for Ms. Peng, who previously served as chief executive of Ant Financial Services Group, a fintech powerhouse, and comes in the midst of a shake-up in senior management positions as founder Jack Ma plans to step aside as executive chairman.
Spotify (SPOT) announced last month its plan to repurchase up to $1.0 billion of its shares by April 2021. Facebook in April added $9.0 billion to its share repurchase program, and Alphabet in February announced a fresh $8.6 billion share repurchase program. Alibaba has lined up $6.0 billion for share repurchases for the next two years, while eBay exited the third quarter with $4.7 billion remaining under its existing share repurchase authorization.
This adds to iQiyi’s $1.4 billion cash holding at the end of the third quarter. The company’s content costs rose 66% to $875.5 million in the third quarter, accounting for 88% of total revenue. Content costs jumped 47% and accounted for 76% of total revenue in the second quarter.
The broader market sell-off is intensifying as US-China trade uncertainties and concerns over the slowing global economy are badly hurting investors’ sentiments. However, some stocks are still giving investors a reason to celebrate.
The US-China trade war, primarily triggered by President Donald Trump imposing tariffs on Chinese imports, started getting ugly in the last few months. Investors watched President Trump and President Jinping’s meeting in Argentina earlier in December.
In the previous part of this series, we looked at Chinese electric car company NIO’s (NIO) recent stock price movement. Investors’ high expectation from its upcoming vehicle (XLY) launch event on December 15 might be driving its stock up this week after it witnessed a 9.3% drop in the previous week. In this article, we’ll discuss why ES6 is so important for the company.
Since the beginning of the fourth quarter, the broader market has been facing trouble due to various issues including rising interest rates, concerns about the slowing global economy, and the US-China trade war. These factors have taken a toll on US equities (VTI) and resulted in more volatility. Before we discuss some of the factors in detail, let’s find out how the key indices are faring in the fourth quarter, especially in December.
While Washington and Beijing battle over trade, a worrisome cross-border financial link has escaped scrutiny: Americans now collectively own most of the public equity of China’s biggest tech companies, including Alibaba, Baidu and Weibo. China’s tech darlings began tapping U.S. investors in the early 2000s, when mainland capital markets were unsophisticated and strict profitability requirements shut out most fast-growing tech firms. Dozens of Chinese unicorns and near-unicorns went to New York to raise capital from Americans eager for exposure to China’s explosive growth.
shares jumped higher Thursday as traders reacted to a series of comments from the coffee chain's investor day in New York that included plans for rapid growth in China. ., a tie-up CEO Kevin Johnson once described as "rocket fuel" for the group's growth strategy. Starbucks also said it will partner with Uber Eats to offer delivery service in the U.S. from around a quarter of its existing company-operated stores.
Amazon (AMZN) stock has fallen over 16% in the last three months as part of the larger market pullback driven by the likes of Apple (AAPL) and other giants. The company's days of 40% top-line growth might also be over. But let's dive into Amazon's overall business picture and outlook to see if investors should buy AMZN stock heading into 2019.
About 58.0% of the 12 analysts covering Etsy (ETSY) stock have given it “buy” ratings as of December 12. The remaining analysts have given it “hold” ratings. Analysts are bullish on Etsy because its strategic efforts are pushing it in the right direction, as is evidenced by its strong financial performance and stock price movement. There have been no price changes on Etsy stock in the last 15 days.
Legendary investor Julian Robertson (Trades, Portfolio) is known not just for his leadership of Tiger Management, but also for taking a group of proteges under his wing. Warning! GuruFocus has detected 8 Warning Signs with MSFT. An example of this is Lee Ainslie (Trades, Portfolio), who now heads up Maverick Capital, and Andreas Halvorsen (Trades, Portfolio), leader of Viking Global Investors.
On December 11, Baidu (BIDU) stock was trading 3.79% below its 20-day moving average, 8.31% below its 50-day moving average, and 23.36% below its 200-day moving average, while peers Facebook (FB), Square (SQ), and Alibaba (BABA) were trading 17.34%, 6.75%, and 13.76% below their 200-day moving averages, respectively. PayPal (PYPL) was trading 2.84% above its 200-day moving average.
The United States (QQQ) wants China (FXI) to lower its trade deficit with the United States, address intellectual property theft cases, and stop its industrial subsidy, especially under the Made in China 2025 program.
Mellanox (MLNX) prospects appear bright backed by strength in Ethernet solutions and upbeat third-quarter results. We believe it can be a lucrative addition to your portfolio.
The best days for tech stocks may be behind them, says BNY Mellon Chief Strategist Alicia Levine, who also says it’s time to stop thinking of the tech as one sector. She spoke with Yahoo Finance’s Alexis Christoforous.