The Beijing-based firm is amongst the few remaining businesses from the early wave of AR eyewear manufacturers. Augmented reality glasses maker Nreal has secured $60 million in a funding round led by ...
Tag: Alibaba
Nio And Meituan Under Pressure As Investors Ask “Where’s The Beef?”, Week In Review
China Last Night KraneShares Week in Review Asian equities saw choppy trading this week as geopolitics and higher commodity prices continued to present risks and growth/internet stocks saw some pressu...
Why Alibaba Stock Is Down By 5% Today
Key Insights U.S. regulator indicates that it is premature to discuss a deal that would keep Chinese stocks listed. China has recently signaled that it was ready to disclose more information to U.S. ...
Dow Jones Gains As Apple Pops; Tesla Stock Charges As Elon Musk Celebrates ‘Great Day’; Alibaba Jumps
The Dow Jones Industrial Industrial Average gained as Apple (AAPL) popped amid a tech rally. Tesla (TSLA) charged higher as Elon Musk celebrated the opening of the firm’s factory in Germany. Mea...
Chinese Internet Giants Tencent And Alibaba Are Tightening NFT Rules, Here’s Why
Chinese internet giants Tencent and Alibaba have tightened certain rules on their respective NFT marketplaces, as part of preemptive measures to avoid any further regulatory crackdowns in the country....
Tencent Reports Q4 Financial Results With An Eye To The Future
China Last Night KraneShares Tencent Q4 Earnings Overview Tencent reported Q4 financial results after the Hong Kong close. 2021 was described as a “challenging year” while the industry is going throug...
Alibaba Increase Share Buyback by Two-Thirds to $25 Billion, Stock Hikes 11%
Although Alibaba has spent more on stock repurchases than other companies in the tech sector, it has not improved its stock sales. Alibaba Group Holding Ltd (HKG: 9988) shares surged 11%, following an...
Alibaba Buys Back Big, Reuters Reports US-Listed Companies Preparing For PCAOB Review
China Last Night KraneShares Key News Asian equities were largely higher despite the US’ Fed Chair driven downdraft led by Hong Kong, Japan and India. Alibaba (BABA US, 9988 HK) announced it would inc...
Nike, Pfizer, Alibaba, Carnival, GameStop and more
A man with Nike bags talks on the phone in front of a Nike store as Black Friday sales begin at The Outlet Shoppes of the Bluegrass in Simpsonville, Kentucky, November 26, 2021. Jon Cherry | Reuters C...
Nike, Okta, Alibaba and more
Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike reported quarterly profit of 87 cents per share, 16 cents a share above estimates. Revenue beat estimates as well, helped ...
China’s Big Tech Firms Are Axing Thousands of Workers
BEIJING—China’s biggest tech companies are conducting large-scale layoffs this year as they deal with an economic slowdown and Beijing’s regulatory pressure. Tencent Holdings Ltd. TCEHY -7.14% , opera...
Alibaba Hikes Buybacks to $25 Billion as Crackdown Signals Ease
(Bloomberg) — Alibaba Group Holding Ltd. ramped up its share buyback program to $25 billion, expanding that arsenal for a second time in less than a year to stanch a $470 billion loss of value d...
The S&P Experienced a Death Cross. Here’s the Bright Side.
Illustration by Elias Stein Text size The S&P 500 has performed poorly this year, down about 6.4%. This past Monday, it got scary in a Harry Potter sort of way: The benchmark experienced a death c...
Alibaba stock recovers 35%: is it too late to buy?
JPMorgan dubbed Alibaba Group Holding Ltd (NYSE: BABA) as “uninvestable” earlier this week. Interestingly, however, shares of the Chinese tech giant have shot up about 35% ever since. Alib...
A Quiet End To A Wild Week, Week In Review
Week in Review This week saw heightened volatility in the internet sector as the Hang Seng TECH Index was down over -11% on Monday as Asian investors appeared to be taking the Holding Foreign Companie...
Alibaba and other China stocks will ‘rip’ this year: strategist
Alibaba (BABA)’s ADRs could rip higher after a massive relief rally spurred by an ease of regulatory risks, which one equity manager called “a sea change.” “I think you’r...
China Gives Alibaba, Other Stocks a Lifeline. Can It Last?
Text size China said it would roll out market-friendly policies to help boost the stock market. Peter Parks/AFP via Getty Images With a handful of vague comments about rolling out market-friendly poli...
Alibaba makes stunning rebound, surges 37% in one day
Alibaba (BABA) made a stunning rebound on Wednesday, closing 37% higher, its biggest one-day gain since 2014. The move added almost $80 billion to the Chinese e-commerce giant’s market cap in on...
Aerovironment, Alibaba, Boeing and more
Alibaba’s headquarters in Hangzhou, China, on Wednesday, Nov. 10, 2021. Qilai Shen | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Alibaba, JD.com, Pinduod...
Alibaba, JD.com and Other China Stocks Soar. Here’s What Sparked the Turnaround.
Text size Shares in Alibaba and other Chinese companies have come under intense pressure recently. Greg Baker/AFP via Getty Images Shares in some of China’s largest companies notched eye-watering gain...
Stock Market Today: Dow Rises, Fed Decision Ahead, Alibaba and JD.com Soar
Text size Fed Chair Jerome Powell will host a press conference at 2:30 p.m. Eastern. Graeme Jennings / POOL/AFP via Getty Images Stocks were moving higher Wednesday as markets readied for a long-await...
Three Of China’s Richest Lose More Than $16 Billion In One Day As Stock Rout Hits Hong Kong-Listed Companies
Tencent cofounder Pony Ma Huateng (Photo by Visual China Group via Getty Images/Visual China Group … [+] via Getty Images) Visual China Group via Getty Images The heavy selloff in Hong Kong stoc...
Alibaba stock has dipped by 38% over the last month: here are the best places to trade it
The Alibaba stock (BABA) has been on a downtrend since October 2021 and the bear trend seems to have accelerated over the last month. The stock has been affected by a myriad of events including pressu...
Alibaba and JD.com Have Slumped. The Charts Hint When to Buy.
Chinese e-commerce stocks Alibaba (BABA) – Get Alibaba Group Holding Ltd. Report and JD.com (JD) – Get JD.com Inc. Report have had a rough run. U.S.-listed equities have struggled this y...
Stocks making the biggest moves midday: Alibaba, Apple and more
Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. ...
Alibaba, JD.com, Occidental Petroleum, Chevron and more
Take a look at some of the biggest movers in the premarket: Alibaba (BABA), JD.com (JD) – The e-commerce stocks were among China-based companies taking a hard hit on concerns about U.S. delistings, as...
Alibaba stock sinks toward 6-year low as China ADRs take another dive
The U.S.-listed shares of Alibaba Group Holding Ltd. BABA, -6.68% sank 4.6% toward a six-year low in premarket trading Monday, as the China-based e-commerce giant continues to suffer from a broad sell...