Singles' Day Sales (BK2998) Stock Forum and Discussion

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698.186
-2.514-0.36%

Close Aug 14 16:00 ET

701.338High695.011Low

Constituent Stocks: 17Top Rising: YJ+2.91%

Kuries

55 minutes ago

Alibaba Vs. JD: Which Chinese E-Commerce Stock Is the Better Investment Ahead of Earnings

As $BABA-SW (09988.HK)$ and $JD-SW (09618.HK)$ prepare to report earnings, investors are evaluating which stock presents the best investment opportunity.
Alibaba has surged approximately 8% year-to-date, though it's down 13.6% over the past year. The company is expected to report first-quarter earnings with an EPS estimate of $2.11 and annual revenue of $941.2 billion. Analysts remain bullish...

Kuries

2 hours ago

Alibaba's Taobao Overhaul Expected to Boost Revenue by 6%: Bank of America

Bank of America expects Alibaba to report a 6% year-over-year revenue increase to 248 billion yuan in its upcoming earnings, aligning with analyst predictions. The growth is driven by a 2.3% rise in customer management revenue in the Chinese market, reaching 81.5 billion yuan, and a single-digit increase in gross merchandise value following the overhaul of its Taobao and Tmall platforms.
The recent update to Taobao, which...

whqqq

2 hours ago

Nike Stock Sprints Higher After The Bell As Bill Ackman's Pershing Square Reveals New Stake

$Nike (NKE.US)$ shares surged 4.88% in after-hours trading on Wednesday following a disclosure that Bill Ackman’s Pershing Square has acquired a new stake in the company. According to a 13F filing with the SEC, Pershing Square now owns 3.04 million shares of Nike, valued at approximately $230 million.
This development comes amid speculation that Nike could attract activist investors, similar to $Starbucks (SBUX.US)$ ' recent ...

Starbucks soars after it ousts CEO: Buy the stock or sip your coffee?

Spinee

2 hours ago

China economic data:

July retail sales 2.7% y/y [Est.2.6%]
July industrial growth 5.1% y/y [Est.5.2%]
Jan-Jul fixed asset investment 3.6% y/y [Est.3.9%]
July Unemployment 5.2% [Prev. 5.0%]
$BABA-SW (09988.HK)$ $XIAOMI-W (01810.HK)$ $MEITUAN-W (03690.HK)$ $PDD Holdings (PDD.US)$ $JD-SW (09618.HK)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$

Kuries

2 hours ago

Alibaba's Lazada Hits Monthly Profit, Eyes Expansion in Southeast Asia

Alibaba's Southeast Asian e-commerce platform, Lazada, achieved a major milestone by posting a monthly profit for the first time in July 2024, according to SCMP.
Key Details:
Positive EBITDA: Lazada's CEO, James Dong, announced during a town hall meeting that the company recorded positive EBITDA, marking a crucial achievement in its growth strategy.
Growth Drivers: The platform's success was driven by AI-enabled operations, ...

frogoracletrading

5 hours ago

$NKE Support / Resistance Levels

After testing the GAP yesterday Nike is now firmly in the GAP. Here are the levels to watch. Plenty of room to the upside.
Larger Image: tradingview.com...
$Nike (NKE.US)$