217.11 +0.23 (0.10%)
After hours: 5:29PM EDT
|Bid||215.00 x 1800|
|Ask||217.40 x 900|
|Day's Range||215.58 - 222.38|
|52 Week Range||207.74 - 284.22|
|PE Ratio (TTM)||19.70|
|Earnings Date||Oct 24, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||292.98|
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Seana Smith and Dion Rabouin to discuss the latest moves.
China’s (FXI) Internet giant JD.com (JD) fell 5.1% on September 17. The stock is currently trading at $25.73, which is 1.6% above its 52-week low of $25.33 and 49% below its 52-week high of $50.68.
U.S. technology giants, facing tighter content rules in China and the threat of a trade war, are targeting an easier way into the world's second largest economy - artificial intelligence. Google, Microsoft Inc and Amazon Inc showcased their AI wares at a state-backed forum held in Shanghai this week against the backdrop of Beijing's plans to build a $400 billion AI industry by 2025. China's government and companies may compete against U.S. rivals in the global AI race, but they are aware that gaining ground won't be easy without a certain amount of collaboration.
"When you look at BABA, they're growing faster than Amazon, and they're priced at one-third the multiple," said Mark Tepper, the Chief Executive Officer (CEO) and president at Strategic Wealth Partners, in an interview with CNBC's Trading Nation on Thursday. Earlier this year, Amazon became the second U.S. corporation to surpass $1 trillion in market capitalization, later pulling back to trade just below $2,000 per share.
Facebook (FB) is spending $1.0 billion to build its first data center in Asia, one of its fastest-growing regions. About 40.0% of Facebook’s ~2.2 billion monthly users are located in Asia, which is up from less than 35.0% two years ago. Facebook has chosen Singapore as the location of its first Asian data center, which is slated to open in 2022.
NEW YORK, NY / ACCESSWIRE / September 17, 2018 / QUTOUTIAO soared on its first day of trading this past Friday. The Tencent backed company more than doubled after pricing its shares below range in a downsized ...
iQiyi (IQ) recently struck a deal to license Indian movies to broadcast to its audience in China. It’s licensing the content from Eros International. The deal with Eros mirrors a similar content-licensing agreement iQiyi struck with Netflix (NFLX) last year.
William Li has built the perfect 21st century car company while Elon Musk struggles to overcome 'production hell.'
Tencent (TCEHY) exited the second quarter with $5.2 billion in net debt compared to its net cash of $3.1 billion a year ago. While Tencent’s balance sheet position has shifted from net cash a year ago to net debt recently, it all appears to be for good reason. The company has stepped up its game in making strategic investments.
Baidu (BIDU), China’s leading online search company, was recently in trouble again over misleading hospital advertisements. A media exposé earlier this month showed that Baidu searches for Shanghai-based Fudan University public hospitals were returning results for Shanghai Fuda Hospital instead. Baidu apologized for the mix-up, saying the problem stemmed from the hospital names having semantic similarity.
Chinese tech stocks are tracking for their first positive week in three as shares in Alibaba BABA , Weibo WB , Sina SINA and Baidu BIDU bounce back from trade-triggered sell-offs over the summer. Only one of those tech names could be an even better bet going forward than shares of Amazon AMZN , says Mark Tepper , CEO and president at Strategic Wealth Partners. "If [investors] had an opportunity to invest in Amazon right now at a third of its current price, $600 or $700 per share, would they be willing to do it?
Alphabet’s (GOOGL) Google has launched its Neighbourly app in more markets in India. Google’s Neighbourly app allows users to source location information from their neighbors. The app initially rolled out in Mumbai and Jaipur earlier this year, and Google has expanded its availability to five more Indian cities.