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...
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...
$Nike (NKE.US)$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 ...
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, ...
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... $Nike (NKE.US)$
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...
The recent update to Taobao, which...
This development comes amid speculation that Nike could attract activist investors, similar to $Starbucks (SBUX.US)$ ' recent ...
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%]
$BABA-SW (09988.HK)$ $XIAOMI-W (01810.HK)$ $MEITUAN-W (03690.HK)$ $PDD Holdings (PDD.US)$ $JD-SW (09618.HK)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$
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, ...
Larger Image: tradingview.com...
$Nike (NKE.US)$
$Nike (NKE.US)$
NKE very bullish now... daily bull flag ready to fill that gap up..
No comment yet