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Trump-Linked Blank Check Firm Digital World, Alibaba, Nio, Star Bulk Carriers, Tesla — Why These 5 Stocks Are On Investors' Radars Today
Monday, November 13, 2023 - 10:02pm | 709U.S. stocks exhibited a mixed performance towards the market’s close Monday, with the Dow Jones Industrial Average edging up by approximately 50 points. The Dow’s rise by 0.16% to 34,337.33 contrasted with a slight decline in the NASDAQ Composite, which fell 0.22% to 13,767.74. The S...
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Chinese Online Retailers Are Eyeing Up "Single's Day" To Lift Sales
Thursday, October 19, 2023 - 9:28am | 530China’s online retailers are getting primed for one of the biggest retail sales days of the year next month on November 11, according to Chinese language media reports. Single’s Day, or 11/11 for short, is a sales day in China that celebrates the country’s estimated 300 million...
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3 ETFs For China's Singles Day
Wednesday, November 11, 2020 - 9:02am | 772Today is Veterans Day in the U.S. In China, it's Singles Day, a retail event that makes Amazon's (NASDAQ: AMZN) Prime Day look like a minor league game. Alibaba (NYSE: BABA), often referred to as the Amazon of China, confirms the gravity of Singles Day. On Tuesday, just as it was becoming...
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Alibaba Analysts Expect Massive Singles' Day Sales Numbers
Tuesday, November 10, 2020 - 12:45pm | 549Alibaba Group Holding Ltd - ADR (NYSE: BABA) is conducting the world’s biggest 24-hour shopping event. Alibaba’s “Singles' Day” event is held on Nov. 11 each year and this year’s event is expected to be a record-breaking day. What Is Singles Day? In China, Singles...
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3 China ETFs Hitting New Highs
Monday, June 22, 2020 - 8:45am | 658With China being the country where the coronavirus first appeared, it'd be easy to be dismissive of Chinese stocks and the related exchange-traded funds, but there's more to the story. The MSCI China Index is higher year to date, something that can't be said of either the MSCI Emerging...
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Bob Peck Reiterates Buy, $100 Target For Alibaba
Tuesday, January 26, 2016 - 9:23am | 351Shares of Alibaba Group Holding Ltd (NYSE: BABA) have declined 32.4 percent over the past year, falling almost to their 52 week low on September 28, 2015, at $57.39. Robert S. Peck of SunTrust Robinson Humphrey has reiterated a Buy rating and price target of $100 on the company. With the...
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Are Analysts Impressed With Alibaba Following Its Singles' Day Sales Event?
Thursday, November 12, 2015 - 2:20pm | 856Shares of Alibaba Group Holding Ltd (NYSE: BABA) have lost more than 20 percent year-to-date as China's economy has shown signs of slowing down – a potential negative for the company. Alibaba may have eased investor concerns over a slowing Chinese economy and consumer spending after the...