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Alibaba Vs. PDD: A Grim Showdown In Chinese E-Commerce Stocks
Wednesday, November 27, 2024 - 3:29pm | 733Alibaba Group Holding Ltd (NYSE:BABA) (NYSE:BABAF) and PDD Holdings Inc (NASDAQ:PDD) were once the shining stars of China's e-commerce universe, but recent performance metrics suggest they're caught in a gravitational pull downward. Let's dive into the tale of two stocks that seem to be competing...
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Black Friday Discounts Too Good To Be True? Survey Shows Only 42% Of Sales Are Authentic
Wednesday, November 27, 2024 - 1:40pm | 448Black Friday, known for its enticing discounts on the latest technology, may not always deliver the bargains shoppers expect. A recent study by KnownHost revealed that nearly a third of these “deals” aren’t genuine savings at all. What To Know: An analysis of 65 of the most...
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Amazon Dominates Holiday Shopping As Black Friday Spending Soars: Goldman Sachs
Tuesday, November 26, 2024 - 1:29pm | 589Amazon solidified its position as the go-to destination for holiday shoppers this year, with consumer spending trends signaling a robust holiday season despite economic uncertainties. According to Goldman Sachs’ 2024 Holiday Survey, authored a team of analysts led by Brooke Roach, CFA, 35%...
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Amazon Remains 'Best Idea' In E-Commerce This Holiday Season, JPMorgan Analyst Says
Wednesday, November 20, 2024 - 8:20pm | 455JPMorgan analyst Doug Anmuth sees strong online sales growth this holiday season and points to Amazon.com Inc. (NASDAQ:AMZN) as the firm's "Best Idea" for capturing the momentum. Here's a look at what Anmuth expects from the e-commerce giant during the 2024 holiday shopping season. Expert...
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Target Q3 Earnings Preview: Analysts Expect Revenue, EPS Growth As Attention Turns To Holiday Quarter
Tuesday, November 19, 2024 - 4:34pm | 700Analysts expect Target Corporation (NYSE:TGT) to report third-quarter revenue of $25.9 billion when the company reports third-quarter financial results on Wednesday, Nov. 20 before the market opens. That’s up from $25.4 billion in last year's third quarter, according to data from Benzinga...
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Will Walmart's Streak Of Earnings Beats Continue Tuesday? Analysts Say Retailer A 'Core Holding'
Monday, November 18, 2024 - 4:49pm | 665Walmart Inc (NYSE:WMT) could serve as a bellwether for the health of U.S. consumers when the company reports third-quarter financial results on Tuesday, Nov. 19 before the market opens. Earnings Estimates: Analysts expect Walmart to report third-quarter revenue of $167.72 billion, up from $160.8...
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Alibaba Earnings Could Offer Clues On Challenging Climate: Why Bearish Signals Loom Over China Stock
Thursday, November 14, 2024 - 5:34pm | 702Alibaba Group Holding Ltd (NYSE:BABA) (NYSE:BABAF) will be unveiling its second-quarter earnings on Friday, before market hours. Wall Street is expecting $2.10 in EPS and $33.95 billion in revenue, per Benzinga Pro data. This comes as the Chinese e-commerce giant faces mounting competition from...
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Shopify's Q3 Earnings Beat Drives Analyst Upgrades, Market Confidence
Wednesday, November 13, 2024 - 2:30pm | 416Shopify Inc (NYSE:SHOP) shares were climbing on Wednesday after the company reported upbeat third-quarter earnings. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan On Shopify Analyst Reginald Smith reiterated an Overweight rating...
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Shopify Q3 Earnings Preview: Stock Hits 52-Week Highs, Analysts Expect Second Best Revenue Quarterly Total In Company History
Monday, November 11, 2024 - 6:45pm | 745E-commerce platform company Shopify Inc (NYSE:SHOP) is hitting new 52-week highs ahead of third-quarter financial results set for Tuesday, Nov. 12 before the market opens. Here's a look at the earnings estimates from analysts and key items for investors and analysts to watch in the financial...
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Amazon Q3 Earnings Highlights: Revenue Beat, EPS Beat, Q4 Guidance, New Kindles 'Significantly Outperforming Our Expectations'
Thursday, October 31, 2024 - 4:22pm | 538Amazon.com Inc (NASDAQ:AMZN) reported third-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: Amazon reported third-quarter net sales of $158.9 billion, up 11% year-over-year. The total beat a Street consensus estimate of $157.2 billion,...
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Etsy Shares Climb After Mixed Q3 Results: EPS Miss, Revenues Beat
Wednesday, October 30, 2024 - 4:40pm | 448Etsy, Inc. (NASDAQ:ETSY) reported its third-quarter results after Wednesday's closing bell. Here's a look at the details from the report. The Details: Etsy reported quarterly earnings of 45 cents per share, which missed the analyst consensus estimate of 55 cents. Quarterly revenue came in at $662...
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Stock Of The Day: Amazon Chart Shows Some Things Are Obvious
Friday, October 25, 2024 - 4:27pm | 605Almost any stock chart can illustrate important market dynamics. Some things are obvious. For example, stocks that are overbought or oversold tend to reverse. Another example is how they can reverse when they reach important price levels. This can be seen on the chart of Amazon.com, Inc. (NASDAQ:...
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Amazon Vs. Walmart: E-Commerce Giant Offers Gas Savings To Prime Members, EV Charging Discounts In Latest Battle For Subscribers
Thursday, October 24, 2024 - 2:40pm | 611Amazon is offering new discounts on gas for Prime members and will help electric vehicle drivers save on vehicle charging in 2025. Amazon.com Inc (NASDAQ:AMZN) is adding another reason for consumers to sign up for its Amazon Prime membership program as the e-commerce giant intensifies the battle...
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Amazon Analyst Expects Q3 Earnings With Revenue Growth, Margin Expansion, Relative Stable E-Commerce Demand
Tuesday, October 15, 2024 - 12:49pm | 403Goldman Sachs analyst Eric Sheridan expects Amazon.com, Inc. (NASDAQ:AMZN) to report a solid mix of revenue growth and operating margin expansion when the company releases its third-quarter financial results later this month. The Details: Sheridan said Amazon should report relatively stable e-...
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PDD Holdings: Temu Parent Surges On China's Stimulus – Is Ray Dalio's Pick Back In Action?
Wednesday, October 9, 2024 - 10:26am | 896PDD Holdings Inc. (NASDAQ:PDD) has been making headlines with a 35% gain over the past year and a 56% rise in the last month. PDD Stock Soars Amid China's Economic Stimulus As China implements significant economic stimulus measures, the e-commerce giant's stock is riding high, even in a challenging...