JD - JD.com, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
+1.13 (+3.75%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close30.16
Bid31.30 x 900
Ask31.38 x 4000
Day's Range30.08 - 31.45
52 Week Range19.21 - 33.60
Avg. Volume12,887,043
Market Cap45.489B
Beta (3Y Monthly)1.41
PE Ratio (TTM)212.86
EPS (TTM)0.15
Earnings DateAug 14, 2019 - Aug 19, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est35.31
Trade prices are not sourced from all markets
  • Why General Electric, Gap, and JD.com Jumped Today
    Motley Fool

    Why General Electric, Gap, and JD.com Jumped Today

    On a positive day for the major benchmarks, these stocks did better than most.

  • Reuters

    JD.com JV in talks to raise $500 mln in U.S. IPO - The Information

    China's e-commerce company JD.com is in talks with bankers to list shares of its online grocery and delivery joint venture in the United States in May and is seeking to raise $500 million, The Information reported on Friday. The talks are still in early stages, and the amount the company hopes to raise as well as the timing of the stock market offering could change, the report said, citing two people familiar with the matter. JD and Walmart did not immediately respond to requests for comment.

  • Thomson Reuters StreetEvents

    Edited Transcript of JD earnings conference call or presentation 13-Aug-19 11:30am GMT

    Q2 2019 JD.com Inc Earnings Call

  • Stanley Druckenmiller's Top 5 Buys in the 2nd Quarter

    Stanley Druckenmiller's Top 5 Buys in the 2nd Quarter

    Guru discloses GE buy amid whistleblower report Continue reading...

  • After Another Strong Quarter, Alibaba Stock Will Reward Long-Term Investors

    After Another Strong Quarter, Alibaba Stock Will Reward Long-Term Investors

    Alibaba Group (NYSE:BABA) stock posted its quarterly earnings before market open this morning, but its strong first-quarter results beat are not likely to matter. The day before, Aug. 14, the Dow Jones Industrial Average fell 800 points. Fear in the markets is rising and threatens to scare off investors from China-based stocks.Source: BigTunaOnline / Shutterstock.com Despite the market volatility in the short term, what is there to like from Alibaba's first-quarter results?Before diving into its fiscal first-quarter numbers, look first at what Alibaba reported in the previous quarter. In its last quarter, BABA stock posted non-GAAP earnings per share of $1.28 (GAAP EPS of $1.47), with both figures beating expectations by a wide margin. Revenue grew a solid 51%, rising to $13.93 billion. After the results, BABA stock fell from around $195 to as low as $150 a month later. The U.S.-China trade war started intensifying at the time, pressuring investors to dump China-based stocks like Alibaba.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWithout that trade war, Alibaba stock should have traded well into the $210 range and higher. Instead, at a recent closing price of $162, its price-to-earnings ratio is just 4.3 times while its PEG ratio was 1.23.For its Q1, analysts had a consensus EPS estimate of $1.49 on revenue of $15.86, up roughly 30% from last year. And with all 18 analysts calling Alibaba stock a "buy" with an average price target of $218.94 (per TipRanks), investors must hold the stock and sit tight. Alibaba Stock's First-Quarter ResultsAlibaba reported earnings of $3.55 billion on revenue of $16.74 billion, up 204% from last year. Chinese stocks are suffering from the trade war yet Alibaba managed to cushion the negative impact of lower exports. Strong domestic demand lifted the active consumer base by 20 million. Active annual consumers at its China-based retail marketplaces reached 674 million. Core commerce revenue grew a solid 25% year-over-year, digital media advertising grew 6%, while cloud computing grew 66%, to $1.13 billion. * 10 Stocks Under $5 to Buy for Fall Drilling into the segments, the company's core commerce generated $14.14 billion, cloud computing generated $93 million and innovation initiatives generated$18 million. The cloud computing is the only segment that did not beat consensus. Still, an increase in average revenue per customer led the revenue growth for the cloud unit. In the June quarter, Alibaba launched over 300 new products and features related to the core cloud offerings. As it continues investing heavily in talent and technology infrastructure, Alibaba Cloud will continue growing. Strong Performance at Alibaba's Retail UnitThe fast-growing consumer community at Taobao lifted the growth in core commerce. Active annual customers grew, helped by referral programs through the Alipay app and a record-breaking 6.18 Mid-Year shopping Festival. Taobao expanded its market reach by attracting customers in less developed areas.Tmall, formerly the Taobao Mall, leads the consumer engagement and distribution platform for Chinese brands. During the quarter, the gross merchandise volume of physical goods, excluding unpaid orders, grew 34% year-over-year. Higher user numbers and average spending drove the growth in sales. Unavoidable Macro HeadwindAlibaba could have reported results as impressive as that of JD.com (NASDAQ:JD) but will not enjoy as big a jump in the stock price in the coming days. JD.com's market cap is 10 times smaller than that of Alibaba stock. Plus, the stock price is in the $160 range, which makes shares less liquid for small-time investors. When Alibaba splits its shares at 8:1, expect bigger rallies in future earnings reports. Writer William White explained the BABA stock split here.For its second quarter, JD.com reported revenue growing 23%, while earnings of $0.33 beat consensus by 25 cents. Service revenue grew 42% year-over-year while its operating cash flow almost doubled, to $4.53 billion. Its stock enjoyed a bounce of more than 10%. Whether an investor holds JD.com or Alibaba, the long-term prospects are strong for these firms. Alibaba is more comparable to Amazon (NASDAQ:AMZN). Both firms have a hugely successful online retail channel on the desktop and mobile, and Alibaba's cloud services is certain to bring in high profit margins in future quarters. At a forward P/E of 53 times, Amazon trades at a big premium compared to Alibaba. Alibaba's forward P/E is 19 times Bottom Line on BABA StockAlibaba will enjoy just a small bounce post earnings despite the company's outlook looking stronger than ever. Investors who remain unconcerned over the ongoing trade war should accumulate Alibaba stock.As of this writing, Chris Lau did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks Under $5 to Buy for Fall * 5 Stocks to Avoid Amid the Ongoing Trade War * 7 5G Stocks to Buy Now for the Future The post After Another Strong Quarter, Alibaba Stock Will Reward Long-Term Investors appeared first on InvestorPlace.

  • Bloomberg

    Baidu’s $66 Billion Dive Knocks It Out of China’s Top 5 Internet Companies

    (Bloomberg) -- Baidu Inc. has dropped off the list of China’s five most valuable internet companies, underscoring the challenges facing the search giant from a weakening economy to intensifying competition.NetEase Inc., China’s second-largest gaming house, has overtaken Baidu in market value after posting better-than-expected quarterly earnings last week. Shares of NetEase have gained 11% this year, while Baidu’s plunged 40%. The latter company, once touted as a member of China’s internet triumvirate alongside Alibaba Group Holding Ltd. and Tencent Holdings Ltd., has bled $66 billion of capitalization since its peak in May 2018 -- the equivalent of one Morgan Stanley.Baidu has struggled to fend off competition from the likes of Tencent and ByteDance Inc., both of which are luring smartphone-savvy consumers and advertisers to their popular mini-video and social media apps.The company enjoyed a near-monopoly in Chinese internet search after Google departed the market in 2010 over government censorship. This week, ByteDance launched its own standalone search engine, posing a serious threat to the almost two-decades-old Baidu. The company was previously pushed out of the Top 3 in market value by e-commerce operator JD.com Inc. and food delivery service Meituan.Baidu, together with rivals Alibaba and Tencent, has long formed part of a trio of leading internet companies known by the acronym BAT. Now even that title seems under threat, with some dubbing ByteDance the new “B” in the group. Baidu in May posted its first quarterly loss since its 2005 stock market debut, after the Chinese economy slowed and rivals chipped away at its advertising sales.To contact the reporter on this story: Zheping Huang in Hong Kong at zhuang245@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • JD.com's Accelerating Growth Could Crush the Bears
    Motley Fool

    JD.com's Accelerating Growth Could Crush the Bears

    The Chinese e-commerce giant defies expectations with a stunning earnings beat.

  • JD.com Swung to a Profit in the Second Quarter
    Motley Fool

    JD.com Swung to a Profit in the Second Quarter

    The Chinese online retailer and provider of e-commerce services also boosted top-line sales by 23% in constant currencies.

  • Earnings Could Solidify or Squelch Alibaba Stock Uptrend

    Earnings Could Solidify or Squelch Alibaba Stock Uptrend

    Credit has to be given where it's due -- at least the Alibaba Group (NYSE:BABA) bulls are trying. Though down in step with most other stocks since late July, Alibaba stock turned the ship around in early August before a major technical floor was broken. For the second time in less than three months, that recovery effort is unfurling on above-average volume.It remains to be seen if it will take hold. A solid second quarter report from rival JD.com (NASDAQ:JD) certainly helped fan the bullish flames of the current rebound effort. But, it wasn't enough to push BABA stock above a convergence of technical resistance before a newly-inverted yield curve stoked recession fears … again.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 15 Growth Stocks to Buy for the Long Haul Thursday's post-close earnings report from Alibaba Group may well force traders to commit to a decision, for better or worse, on Alibaba stock. BABA Stock Getting SqueezedIt's a misnomer that all of China's top stocks are in a nosedive. Certainly Weibo (NASDAQ:WB), Baidu (NASDAQ:BIDU) and Iqiyi (NASDAQ:IQ) have been fighting losing battles. Baozun (NASDAQ:BZUN), Tencent (OTCMKTS:TCEHY) and Alibaba stock remain in distinct uptrends though, even with sizeable setbacks seen in the middle of 2018.That could all change dramatically after Thursday's closing bell rings, however. That's when Alibaba is slated to reveal last quarter's results into an environment where there's little room left to roam.The chart tells the tale. The rising support line in place since early 2016 is still intact, prompting last week's rebound effort. But, a relatively young falling resistance line is also in place. That's what broke the rally effort in July, and ultimately in May as well. Click to EnlargeThose two lines are clearly on an intercept course, now less than thirty points apart. That's not a lot of room for BABA stock to do what it usually does.It's highly likely that whatever Alibaba reports on Thursday will ultimately snap the psychological underpinnings of either the support or resistance that has taken shape over the past few months. Alibaba Group Facing a HeadwindThe company's first-quarter fiscal results are going to be unveiled in a less than hospitable environment.Although the White House backed off on plans to introduce new tariffs on Chinese imports into the United States this week, older tariffs remain in place. While the U.S. economy is growing at a measurable pace, China's is starting to show serious cracks. The country's industrial output grew at a 17-year low in July. Though it hinted at a recovery in June, retail spending growth fell to 7.6% last month … the second-lowest growth pace in years. The nation's unemployment rate grew from 5.1% in June to 5.3% in July.It remains to be seen to what extent that turbulence will affect Alibaba's results. The quarter in question ended in June, so the first two months of the three-month stretch were reasonably healthy.Conversely, investors are increasingly pricing stocks based on where it seems they are going rather than where they have been. If China's e-commerce giant paints anything less than a rosy forward-picture, nervous investors may assume the worst and respond bearishly to bullish news. Looking Ahead for Alibaba StockAs of the latest look, analysts are calling for earnings of $1.46 per share of BABA stock on revenue of $15.82 billion. That's considerably more than the year-ago figures of $1.16 and $11.66 billion. The bar is set uncomfortably high.On the other hand, Alibaba only failed to top one quarterly estimate for the past three years. Again, a beat may still not be good enough against the present backdrop consisting largely of worry.Whatever's in store, just know that the chart is just as likely to lead the rhetoric as much as it's apt to be shaped by it. But, that's potentially problematic in itself.If a modest breakdown drags Alibaba stock below the aforementioned floor, that selloff will be heavily highlighted by the financial media, which will exacerbate the selling by virtue of inciting more fear. The market-wide tide will also play a role in the stock's direction from here, and clearly investors are increasingly nervous.Perhaps there's a case to be made for being on the sidelines by the time Thursday's closing bell rings, even if it means leaving money on the table. There's likely to be plenty of trade-worthy action outside of the converging wedge shape.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy for the Long Haul * 5 More Cloud Stocks With Plenty of Potential * 5 Clean Energy ETFs to Buy for 2019 The post Earnings Could Solidify or Squelch Alibaba Stock Uptrend appeared first on InvestorPlace.

  • GuruFocus.com

    US Stock Markets Advance Tuesday

    JD.com rises on quarterly results Continue reading...

  • Company News For Aug 14, 2019

    Company News For Aug 14, 2019

    Companies In The News Are: GNW,JD,VIAB,CBS,GDS

  • JD.com Stock Surges but Is Below 'Reversion to the Mean'

    JD.com Stock Surges but Is Below 'Reversion to the Mean'

    Many investors may not be aware that JD.com is one of the largest e-commerce platforms on the planet in terms of sales.

  • Motley Fool

    What Happened in the Stock Market Today

    Stocks rose after the U.S. backed off on Chinese tariff threats. Meanwhile, JD.com and Tencent Music Entertainment reported better-than-expected Q2 results.

  • JD.com Earnings Trounce Views In Second Quarter, Sending Shares Higher
    Investor's Business Daily

    JD.com Earnings Trounce Views In Second Quarter, Sending Shares Higher

    China e-commerce giant JD.com early Tuesday crushed analyst estimates for second-quarter earnings. The JD.com earnings news sent its U.S. shares higher. It gave in-line revenue guidance.

  • 4 Factors That Could Affect Alibaba Stock More Than Earnings

    4 Factors That Could Affect Alibaba Stock More Than Earnings

    Alibaba Group (NYSE:BABA) will report earnings Thursday before the bell at an exciting and dangerous time for the company. As the trade war intensifies and turmoil in Hong Kong reaches a fever pitch, many are wondering how to trade BABA stock.Source: Shutterstock I would expect a positive earnings report for Alibaba Group. The results could even prompt a positive reaction in BABA stock. However, given the severity of the political strife and the uncertainty that could bring to the company, investors need to remain aware of four factors which could supersede Alibaba stock earnings. Expect an Earnings BeatFor its first quarter, Wall Street forecasts earnings per share of $1.46. The company reported an EPS of $1.16 in the same quarter last year. Analysts also predict revenue of $15.82 billion -- if that estimate holds, it will represent a 35.7% increase from the year-ago quarter when the company brought in $11.66 billion.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Safe Dividend Stocks for Investors to Buy Right Now Alibaba stock missed earnings estimates in the same quarter last year. However, its peer JD.Com (NASDAQ:JD) surged higher by more than 13% in Tuesday trading following an earnings beat. Although BABA stock may not react the same way, I believe the company will beat earnings. Turmoil in Hong Kong Will Weigh on BABA StockUnfortunately for investors, the only thing even more massive than the revenue and earnings growth is the uncertainty this company faces. The factors that could supersede earnings news mostly lie beyond the company's control.First, the company has begun the process to list Alibaba stock on the Stock Exchange of Hong Kong. However, this comes at a time when Hong Kong is dealing with massive protests following efforts by the Chinese government to assert more direct authority in the special administrative region. This has led to extreme worries in Hong Kong and has even prompted rumors that the protests will lead to an invasion. We have no way of knowing if that will occur. However, such fears and the intensity of the demonstrations casts obvious doubts over it's initial public offering in Hong Kong. Secondly, any power grab by the Beijing government could serve as a reminder that Alibaba stock is not actually stock in Alibaba Group. Traders have long discounted BABA compared to Amazon (NASDAQ:AMZN) for this reason. However, the political strife surrounding Hong Kong could easily prompt further discounting of the Cayman Islands-based holding company which represents BABA stock. Trade and Jack Ma's Departure Add to UncertaintyA third factor is that Chinese retailers depend on the U.S. even when they do not. This is because the Chinese economy, and many of Alibaba's customers, depend heavily on the American consumer. The trade war has hurt Chinese stocks for more than a year-and-a-half. This includes equities such as BABA stock which conduct a negligible amount of business in the U.S.Fourth, founder Jack Ma will leave his position as chairman of Alibaba in September, completing the full handover of the company to Daniel Zhang. Admittedly, traders will have to wait for years to learn the outcome of this transition. Still, such changes become a concern with conglomerates such as Alibaba. Many remember the decline of General Electric Company (NYSE:GE) after Jack Welch left and do not want to see history repeat itself.However, until proven otherwise, I would look at this handover as comparable to Steve Jobs handing the reins to Tim Cook at Apple (NASDAQ:AAPL). The Bottom Line on BABA StockFor now, the first-quarter earnings report is a less significant concern for Alibaba stock. Alibaba Group has beaten earnings for the last three quarters. Yes, the company missed estimates during the same quarter last year. Still, I expect BABA stock will exceed expectations in much the same way JD stock beat estimates earlier in the week.However, Alibaba stock faces more daunting challenges, most of which lie outside of the company's control. The company is listing shares in Hong Kong at a time when this former colony of the United Kingdom has become crippled by protests. This could also prompt investors to look at the holding company that represents Alibaba in a different light.Additionally, the political turmoil casts doubts on any business conducted in Hong Kong. Further, many of Alibaba's customers make their living -- in some respect -- with trade from the U.S. Both the trade war and the aforementioned turmoil in Hong Kong bring uncertainty to growth forecasts.Investors could see a bump in Alibaba stock following earnings. Still, with all of the turmoil, I would wait for the dust to settle before considering purchasing BABA stock.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Real Estate Investments to Ride Out the Current Storm * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk * 7 Safe Dividend Stocks for Investors to Buy Right Now The post 4 Factors That Could Affect Alibaba Stock More Than Earnings appeared first on InvestorPlace.

  • Why JD.com Stock Rose 14% Today
    Motley Fool

    Why JD.com Stock Rose 14% Today

    The Chinese e-commerce titan exceeded expectations in the second quarter.

  • 2 Large Specialty Retailers Announce Earnings

    2 Large Specialty Retailers Announce Earnings

    Advance Auto Parts misses on earnings and revenue, while JD.com beats forecasters Continue reading...

  • JD.com, Inc. (JD) Q2 2019 Earnings Call Transcript
    Motley Fool

    JD.com, Inc. (JD) Q2 2019 Earnings Call Transcript

    JD earnings call for the period ending June 30, 2019.

  • With Right Partners Now in Place, JD Stock Might Just Be a Buy

    With Right Partners Now in Place, JD Stock Might Just Be a Buy

    Whenever JD.Com (NASDAQ:JD) is examined it's compared to bigger rival Alibaba Group Holding (NYSE:BABA), and for the most part, that's not an unreasonable comparison. Both are e-commerce players. Both are in China, primarily taking aim at China's consumers.But JD stock is materially different from BABA stock.Source: Shutterstock There's a paradigm shift underway, however, that's drawing a more distinct line between the two. Alibaba is continuing to fly solo, so to speak, while JD.com is partnering up.It's not a surprising move.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWith control of more than 60% of China's ecommerce market versus JD's 24%, the smaller competitor would likely never dethrone the bigger player as the market leader. Indeed, without the same scale, Alibaba's Tmall enjoys, it's likely that Alibaba would eventually capture market share from JD.com. Finding well-armed partners with the same interest in keeping Alibaba in check is the only viable long-term play.Its chosen partners, however, are a reason for Alibaba to sweat at least a little. * 7 Safe Dividend Stocks for Investors to Buy Right Now Ganging up on AmazonNeither enjoys the kind of dominance of the western hemisphere's eommerce market Amazon.com (NASDAQ:AMZN) enjoys. But, Walmart (NYSE:WMT) and Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) are no slouches either. The former is the world's biggest brick-and-mortar retailer, while the latter operates the world's most fruitful ad-supported search engine.They're both also teammates of JD in its battle against Alibaba, which has quietly been escalating while investors have focused on the bigger trade war picture. Namely, in July, Google overhauled its e-commerce platform in preparation for more Chinese sellers. JD, which already sells some goods to U.S. shoppers via Google's platform, will find and vet these providers.Owners of GOOGL or JD stock need not hold their breath waiting for remarkably better bottom lines. They won't see them soon, if at all. Google still contends with Amazon in most places outside of Asia and hasn't yet made much of a dent in its dominance.Still, it's a development that sets the stage for growth in a market where Google has seen little, and where Chinese merchants have struggled even when utilizing Amazon.com.As Juozas Kaziukenas, founder of Marketplace Pulse, explained it, "It's probably a much better approach to have a Chinese company to deal with Chinese sellers, Obviously JD has much more experience in this. They have existing local relationships. They have an existing local experience." Walmart and JD StockAs for Walmart, its relationship with JD has been solidified even longer.Walmart's first store in China was established in 1996, and has since grown to a count of more than 400 units. It's a figure that pales in comparison to the more than 4,700 U.S. stores the retailer operates though, serving as evidence that big-box brands that thrive in the United States don't necessarily thrive elsewhere.That's not necessarily the case when that organization partners with a local player, however, like Walmart partnered with JD.com in 2016 by opening an online store of its own at JD.com. The partnership was expanded in 2017 when the two players integrated much of their co-efforts in China to streamline the operation. Walmart and JD established a means of looking at one another's inventory, for instance, to determine where a particular order should be packed and shipped from.That partnership is letting Walmart capture a piece of a market where Amazon struggled to make capital investments pay off. In April, Amazon shuttered its China marketplace. Think Bigger Picture for JD StockBoth relationships remain obscured, partly by design, and arguably partly because none of the three players truly knows what the foreseeable future holds. They're all keeping their options open as they learn from the initial efforts of both partnerships.There's little doubt as to the underlying motivations though. Amazon.com owns the North American ecommerce market, along with a sizable piece of the market on this half of the planet. Alibaba owns a similar share of the other half. Nobody's going to beat either giant on their own, but in league with frenemies, at least Amazon and Alibaba can be contained.They're admittedly slow-burn projects, but they're both projects that play right into the hand JD.com is holding.JD is above all else a logistics expert, which Walmart needs particularly in China. And, a U.S. market that's been otherwise difficult to penetrate with and without the help of Amazon could be opened up a great deal more now that Google has handed JD the keys. Thomas Niel succinctly said it well earlier this month, writing: "These partnerships provide opportunity for the company to leverage its market power both China and across the globe."It's not a reason to buy JD stock, but, it's absolutely something serious JD.com shareholders need to put on their radars.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley.The post With Right Partners Now in Place, JD Stock Might Just Be a Buy appeared first on InvestorPlace.

  • This Week's Best Big Cap Earnings Charts

    This Week's Best Big Cap Earnings Charts

    Earnings season isn't over yet. Several tech titans and e-commerce giants are still set to report.

  • JD Shares Rise 10.0% Due to Stellar Q2 Results
    Market Realist

    JD Shares Rise 10.0% Due to Stellar Q2 Results

    JD.com (JD) shares have risen more than 10.0% in early market trading on Tuesday. The shares rose after the company announced its second-quarter results.

  • Here's How Far JD Stock Can Run on Earnings, Trade News

    Here's How Far JD Stock Can Run on Earnings, Trade News

    JD.com stock is surging higher on Tuesday, and deservedly so. Revenue jumped almost 23% year-over-year to $21.9 billion and smashed consensus estimates by nearly $1 billion. Let's see where JD stock can go from here.

  • Stocks Rally On China Tariff Reprieve, Apple Leads Dow Jones Index; JD.com Spikes On Q2 Results
    Investor's Business Daily

    Stocks Rally On China Tariff Reprieve, Apple Leads Dow Jones Index; JD.com Spikes On Q2 Results

    Stocks bolted higher shortly after Tuesday's open, with Apple driving the Dow Jones Index, as the U.S. slightly softened its stance on tariffs due to take effect in September.

  • Barrons.com

    JD.com Stock Is Jumping as the Chinese E-Commerce Company Posted Surprising Earnings

    Shares of Chinese e-commerce giant JD.com jumped in early trading on Tuesday after the company reported second-quarter earnings that crushed analyst expectations.

  • GlobeNewswire

    FingerMotion Provides Supplemental Corporate Update

    FingerMotion, Inc. (OTC QB: FNGR), a US FinTech company with mobile payment and recharge platform operations in China, today provided a supplemental corporate update in a letter from its CEO Martin Shen to its shareholders. The China Unicom (CHU) deal was an extremely positive step for our company. The partnership agreement between FingerMotion and China Unicom allows FingerMotion to have direct access to users for their top-up fulfillment, and also allows FingerMotion to sell any and all mobile phone products available from China Unicom through the China Unicom brand portals.  China Unicom will remain responsible for all inventory and fulfilment costs of physical products, meaning FingerMotion will have very limited capital costs in handing all revenues coming through the portals.