The NASDAQ 100 Pre-Market Indicator is up 135.74 to 15,254.8. The total Pre-Market volume is currently 31,469,719 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is +0.46 at $40.93, with 1,898,394 shares traded. Th
Alibaba (NYSE: BABA) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), the parent company of Google, are two of the largest tech companies in the world. Alibaba is the largest e-commerce and cloud platform company in China, while Google owns the world's top online search engine, strea
Rather than spur a relief rally in China's battered tech sector, the past week's developments at Jack Ma-founded Ant Group have merely reminded global investors of the fickle nature of the country's regulatory policies and the fragility of the sector.
Alibaba (BABA) closed at $91.79 in the latest trading session, marking a +1.36% move from the prior day. This move outpaced the S&P 500's daily gain of 0.67%. Meanwhile, the Dow gained 0.93%, and the Nasdaq, a tech-heavy index
What happened
Alibaba (NYSE: BABA) has been underperforming since late 2020 when the IPO of Ant Group, its financial arm, was blocked after founder Jack Ma made disrespectful comments to Chinese financial officials.
Latin American e-commerce leader MercadoLibre, Inc. (NASDAQ:MELI) surpassed consensus earnings estimates in each of the last five quarters. This includes a resounding 42% first quarter beat that propelled its stock to an 18-month high.
Since then, MercadoLibre has slowly trende
Below is Validea's guru fundamental report for ALIBABA GROUP HOLDING LTD - ADR (BABA). Of the 22 guru strategies we follow, BABA rates highest using our Growth Investor model based on the published strategy of Martin Zweig. This strategy looks for growth stocks with persistent a
Monday, July 10, 2023The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Alibaba Group Holding Limited (BABA), Medtroni
Alibaba (BABA) shares soared 8% in the last trading session to close at $90.55. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2.7% loss over the past
Chinese tech stocks listed in Hong Kong surged on Jul 10 on hopes that the government's years-long crackdown on the sector may soon end. The expectations could be attributed to the Chinese authorities’ imposition of more than $1 b
The NASDAQ 100 Pre-Market Indicator is down -10.47 to 15,026.38. The total Pre-Market volume is currently 37,421,860 shares traded.The following are the most active stocks for the pre-market session: Rivian Automotive, Inc. (RIVN) is +0.92 at $25.62, with 3,747,516 shares traded
Wall Street was downbeat, with the S&P 500, the Dow Jones and the Nasdaq losing 1.2%, 2% and 0.9%, respectively, last week. Among the economic datapoints, the release of U.S. jobs data was notable. The U.S. economy added 209,
Alibaba Group and Tencent shares rose in Hong Kong on Monday after China's $984 million fine against the Jack Ma-founded Ant Group appeared to signal the end of a regulatory crackdown on the country's technology sector.
Hong Kong shares of Alibaba Group opened 5.5% higher on Monday after China fined its affiliate, Ant Group, $984 million for violating laws and regulations, fuelling hopes that a years-long regulatory crackdown on the fintech has ended.
Hong Kong shares of Alibaba Group were set to open up 5.5% on Monday after China fined its affiliate, Ant Group, $984 million for violating "laws and regulations", fuelling hopes that a years-long regulatory crackdown has come to an end.
Below is Validea's guru fundamental report for ALIBABA GROUP HOLDING LTD - ADR (BABA). Of the 22 guru strategies we follow, BABA rates highest using our Growth Investor model based on the published strategy of Martin Zweig. This strategy looks for growth stocks with persistent a
In this video, I will explain why shares of Alibaba (NYSE: BABA) were soaring on Friday and why this might be exactly what shareholders were awaiting for so long.
What happened
Major Chinese online retailer JD.com (NASDAQ: JD) ended the trading week in style, with its share price surging by nearly 5% on Friday. That gain was due more to developments with an important peer than anything related directly to the company.
Wall Street's main indexes ended lower on Friday in a seesaw session, as investors digested a U.S. jobs report that showed weaker-than-expected growth and awaited more economic data and corporate earnings in the weeks ahead.