172.80 +2.58 (1.52%)
After hours: 7:59PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||166.64 - 171.30|
|52 Week Range||114.00 - 206.20|
|PE Ratio (TTM)||41.62|
|Earnings Date||May 4, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||217.63|
While Alibaba, Weibo and Baozun search for support, fellow Chinese internet stock 58.com is trying to complete a new base and establish a potential buy zone.
Alphabet (GOOG) posted better-than-expected earnings and revenues on April 23, but higher costs and capital investments raised investors’ concerns, which pulled down the stock. Alphabet is now trading at a 19.7% discount to its consensus median target estimate. On April 23, Alphabet’s stock was trading at $1,067.5, 1.1% below its 100-day moving average of $1,079.3 and 0.7% below its 50-day moving average.
Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA) joins the earnings fray on Friday next week. Alibaba stock has struggled in recent months due to the threat of a trade war between the U.S. and China. Tit-for-tat tariffs between the U.S. and China have created considerable volatility for Alibaba stock of late.
Hermes Investment Management’s push for fair living wages of all workers at the companies it invests in gets as much play in a promotional video as the fact that all of its strategies have outperformed their respective benchmarks over the past five years. Hermes, which manages $44.6 billion in assets, emphasizes environmental, social, and governance (ESG) investing, leading to its motto, “Outcomes Beyond Performance.” Surely, though, Hermes’ prowess at making money has led Federated Investors (FII) to agree to buy a 60% stake in it from BTPS for $350 million two weeks ago. Hermes disclosed in an April 17 regulatory filing that it completely exited its position in General Electric (GE) in the first quarter.
China is looking for billions of dollars in funds to propel its domestic ambitions in chips to cut a heavy reliance on imports, and has invited overseas investors to help it get there. The country's industry ministry said on Wednesday that it welcomed foreign enterprises to invest in its top state-backed semiconductor fund, even as tensions simmer over tech transfers between China and the United States.
Donald Trump’s hardline trade stance toward China has been aimed at multiple objectives: strike favorable deals, cut the US’ bilateral trade deficit, get China to liberalise on market access for US companies ...
Alibaba co-founder Jack Ma argues that nations from Japan to China need to develop their own semiconductor technology to get around America’s grip on the global chip market. The billionaire executive chairman of Alibaba Group Holding Ltd., explaining the e-commerce titan’s growing interest in chips including this month’s acquisition of local design-house Hangzhou C-Sky Microsystems Co., said he’s motivated in part by a desire to make chips “inclusive:” cheap, efficient and available to all. “America was the early mover and China, we need a lot of things.
Investors may have cooled on Alibaba Group Holding Ltd. as its profit margins narrow, but one of its early backers says the e-commerce giant is far from its peak. John Ho, founder and chief investment officer of Janchor Partners Ltd., a $4 billion fund whose 2012 stake in Alibaba has grown several times in value, said the Hangzhou-based behemoth will likely become a trillion dollar company in less than a decade. Alibaba has access to user data collected across its platforms that span shopping, food delivery, bike rentals and videos -- all linked by its mobile payments provider Alipay.
Dr. Pepper Snapple, Anthem, Google and AMC are the companies to watch.