GuruFocus.com16d agobullish
Michael Burry Urges Hong Kong Stocks as SOXX Surges 76%Burry says Hong Kong offers cheap stocks as AI-driven markets outperform and chip selloff deepens.
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The Daily Upside23d agobullish
Alibaba Surges as Cheaper AI Undermines US DominanceAlibaba’s applying a uniquely Chinese playbook in its efforts to win the world’s AI-ttention, and its flagship model is now number one.
24/7 Wall St.28d agobullish
Alibaba Surges 9% Ahead of Earnings, Baidu Gains 5% as Chinese E-Commerce and Tech Stocks RallyShares of Alibaba (NYSE:BABA) are up 9% to $106 and change in early Wednesday trading, leading a broad rally in Chinese internet and e-commerce names. Alibaba stock closed at $98.14 on Tuesday, and even after this morning’s pop the shares remain down 28% year to date. The move extends well beyond Alibaba. Baidu (NASDAQ:BIDU) shares ... Alibaba Surges 9% Ahead of Earnings, Baidu Gains 5% as Chinese E-Commerce and Tech Stocks Rally
Investor's Business Daily28d agobullish
Alibaba Jumps Nearly 10% As China AI Stocks RallyU.S.-listed Alibaba Group (BABA) stock jumped nearly 10% in early trading Wednesday, leading a broader rally for China tech and AI stocks. Alibaba stock gained more than 8% to 106 in premarket trades on the stock market today. China search-engine leader Baidu (BIDU) is ahead nearly 5% at 117.38 while Alibaba' e-commerce rival JD.com (JD) climbed 3% to 27.33. Wednesday's...
Bloomberg28d agobullish
Alibaba’s Shares Jump Most in Ten Months as Earnings Hopes Grow(Bloomberg) -- Alibaba Group Holding Ltd.’s shares surged the most since September, after investors turned optimistic on its earnings and shifted capital into major Chinese internet companies that had lagged the market.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaChip Stocks Sink After Blistering Run as Oil Jumps: Markets WrapTwo Millennium Trading Pods Made About $3.7 Billion Last MonthUS Strikes Iran and Blocks Oil Sales in New Test of TruceChina Sent
TheStreet38d agobullish
Michael Burry doubles down on beaten-down China techThe man who predicted the 2008 housing crash is making another contrarian call, and this time his sights are set on China. Hedge fund manager Michael Burry, who became famous after the film "The Big Short" chronicled his bet against subprime mortgages, revealed on Thursday, June 25, that he added ...
Yahoo Finance83d agobullish
Nvidia tops $5.5 trillion valuation as stock surgesNvidia stock surged 4% on Thursday.
Yahoo Finance83d agobullish
Nvidia to report Q1 earnings, as chip stocks soar on AI strengthAI heavyweight Nvidia (NVDA) will report its first quarter results on May 20, in what is easily one of the most anticipated announcements of the earnings season.
Reuters Videos85d agobullishVIDEO
China's JD.com reports 5% rise in quarterly revenue, beating estimates<body><p>STORY: JD.com beat first-quarter revenue and profit expectations on Tuesday.</p><p>It was seen as a positive sign by investors and shares rose about 1% after the update.</p><p>Subsidies from local governments have proved helpful to JD.com.</p><p>It's encouraged consumers to trade in old appliances and electronics, with JD.com the biggest retailer of these goods.</p><p>Markets watchers will want to see if Beijing's subsidy program can help the firm keep up its momentum.</p><p>Especially as tariff and consumer-demand pressure mounts.</p><p>JD.com's home Chinese market has long struggled with weak consumer confidence.</p><p>That's due to a property slump and higher tariffs imposed by the U.S. on many Chinese goods.</p><p>The U.S.-Iran war has also raised fuel prices and the cost living - which has hit consumer spending power.</p><p>JD.com said revenue for the quarter ended March was just under $46.5 billion - that was ahead of analyst forecasts.</p><p>However, higher costs hit net income.</p><p>JD.com has spent more on fulfilment costs, research and development as well as marketing.</p></body>
Investing.com85d agobullish
JD.com beats estimates as earnings surge 41%; shares up in pre-market tradeInvesting.com -- JD.com Inc (NASDAQ:JD) reported first-quarter earnings that exceeded analyst expectations, driving shares up 2.2% in pre-market trade Thursday.
The Wall Street Journal85d agobullish
JD.com Posts Quarterly Profit, Signaling Narrowing Food-Delivery LossesJD.com returned to the black in the first quarter, in a sign the Chinese e-commerce giant is making progress in stemming losses in its food-delivery business.