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Morning Movers
Gapping up
$Macy's (M.US)$ exceeded analyst expectations in the third quarter, sending its shares nearly 11% higher in early New York trading on Thursday. The company reported adjusted earnings per share of 21 cents, crushing expectations. Revenue came in at $5 billion, again ahead of the expected $4.79 billion. Macy's demonstrated a growth in gross margin from 38.7% to 40.3%.
Looking ahead, Macy's forecasts an EPS ...
Gapping up
$Macy's (M.US)$ exceeded analyst expectations in the third quarter, sending its shares nearly 11% higher in early New York trading on Thursday. The company reported adjusted earnings per share of 21 cents, crushing expectations. Revenue came in at $5 billion, again ahead of the expected $4.79 billion. Macy's demonstrated a growth in gross margin from 38.7% to 40.3%.
Looking ahead, Macy's forecasts an EPS ...
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The article revealed that India-Middle East-Europe Economic Corridor (IMEC) may counter China's Belt and Road Initiative (BRI). In terms of objectives, both the mega transnational projects are similar, although China's BRI is larger in terms of scale. At the G7 leaders meeting in May in Japan, the world's seven richest countries pledged to collectively mobilize $600 billion (€558 billion) by 2027 to counter the BRI. The total propos...
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$Nikola (NKLA.US)$ during the earnings you will find out about a Tesla/ Nikola deal.
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$XPeng (XPEV.US)$ Minister of Finance Xu Hongcai: New energy vehicles will continue to be exempt from purchase tax in 2023.
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Meituan Dianping $Meituan(ADR) (MPNGF.US)$ reports 3Q22 results: Revenue up 28% to $8.74bn (beat!) and adjusted NPAT of $497m (massive beat!) swinging from hugr loss a year ago. One more major CN tech blows away analysts’ estimates.
$Meituan ADR (MPNGY.US)$ $MEITUAN-W (03690.HK)$ $TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $China Concept Stocks (LIST2517.US)$ $Hang Seng H-Share Index ETF (02828.HK)$ $Hang Seng Index (800000.HK)$
$Meituan ADR (MPNGY.US)$ $MEITUAN-W (03690.HK)$ $TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $China Concept Stocks (LIST2517.US)$ $Hang Seng H-Share Index ETF (02828.HK)$ $Hang Seng Index (800000.HK)$
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102437316 : Alibaba never enter US Market. They are in cloud computing outside US and they are doing big.