|Bid||180.6200 x 200|
|Ask||180.6800 x 100|
|Day's range||179.5200 - 183.5200|
|52-week range||111.4800 - 206.2000|
|PE ratio (TTM)||44.09|
|Earnings date||4 May 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||218.53|
Wall Street investment bank KeyBanc Capital Markets recently upgraded its rating on eBay (EBAY) stock to “overweight” from “sector-weight.” KeyBanc sees eBay stock closing the year at $50 per share. In a research note cited by MarketWatch, analyst Ed Yruma of KeyBanc shared details on why the firm is bullish on eBay.
Starting in April 2018, JD.com (JD) customers in China can browse and buy property online through the company’s e-commerce platform. Through a partnership with international property portal Juwai.com, JD allows its customers to browse real-estate listings for properties in the US, Britain, Australia, and Canada. For their offshore property shopping, JD customers can get assistance from Juwai experts in closing a deal.
On February 28, 2018, Facebook (FB) was the third-largest Internet player worldwide with a market cap of ~$518.0 billion. However, March wasn’t kind to Facebook following revelations that data company Cambridge Analytica had improperly collected the personal data of ~87 million Facebook users and influenced President Donald Trump’s election campaign, sparking a US regulatory inquiry and an outcry from lawmakers in several countries.
BANGKOK (AP) — The Chinese e-commerce giant Alibaba has agreed to step up investments in Thailand as competition between online retailers heats up in fast-growing Southeast Asia.
As of April 14, 2018, Twitter (TWTR) was trading 6.5% above its 100-day moving average. That compares to Facebook (FB) at 7.1% below its 100-day moving average, Amazon (AMZN) at 5.8% above its 100-day moving average, Alphabet (GOOG) at 4.5% below its 100-day moving average, and Alibaba (BABA) at 6.5% below its 100-day moving average.
Just as Amazon (AMZN) is preparing to meet investors and analysts to discuss its 1Q18 results, its Echo device has gained skills and given Amazon more of an edge in the increasingly competitive smart speaker market. In the first week of April, Amazon introduced Alexa Announcements, a feature that transforms Echo into an in-house intercom system for broadcasting messages to other speakers in different rooms. The Echo intercom feature could be ideal for a large household.
A lot has transpired in the biking market since Alibaba (BABA) led several other investors in injecting more funds into bike-sharing provider Ofo last month. Just a few weeks after it was revealed that Alibaba led a funding round that raised $866 million for Ofo, Meituan-Dianping, a bike-sharing provider, moved to acquire its rival Mobike. Both Meituan and Mobike are backed by Alibaba mobile payment rival Tencent (TCEHY). Tencent also backs Snapchat parent Snap (SNAP). ...
Last month, Alibaba (BABA) led a funding round that raised $866 million for China-based bike-sharing company Ofo. Alibaba was joined in the latest Ofo fundraising by investors including its finance affiliate Ant Financial, Haofeng Group, Junli Capital, and Tianhe Capital. Ant Financial, which operates Alibaba’s mobile payment service, Alipay, made a deal last year to acquire MoneyGram (MGI) for $1.2 billion. However, the US government blocked it from closing the deal on national security grounds.
Amazon has an EV (enterprise value) of $703.9 billion. In comparison, Internet peers Alphabet (GOOG), Facebook (FB), Alibaba (BABA), and Baidu (BIDU) have EVs of $613.0 billion, $441.4 billion, $447.8 billion, and $76.7 billion, respectively.
Amazon (AMZN) may be quietly making deals with global mobile operators to expand its international market,Variety reported after reviewing documents and job postings by the company. A team dubbed Amazon Fuse is reportedly leading Amazon’s engagement with mobile operators in Asia, Europe, the Middle East, and Africa. Amazon’s discussions with global mobile operators have reportedly focused on expanding the market for products such as Echo smart speaker and media services such as Prime Video and Prime Music.
Aluminum prices have seen volatile action so far this year. The lightweight metal started the year on a positive note but has traded largely sideways. President Trump fired the first major salvo of the year by imposing a 10.0% tariff on aluminum and a 25.0% tariff on steel imports.
With a population of more than 1.3 billion people, India has become the fastest-growing market for Amazon’s (AMZN) video service, Amazon executive Tim Leslie told Reuters recently. Prime Video, Amazon’s streaming video service, is a component of Amazon’s Prime membership program that offers members benefits such as free delivery of goods purchased from Amazon’s website and an array of digital entertainment services.
Donald Trump’s attacks on Amazon (AMZN) are having serious side effects on the broader stock market. Amazon is a member of the group of stocks known on Wall Street as FANG—Facebook (FB), Amazon, Netflix (NFLX), and Google (GOOGL) (now Alphabet). According to Jim Cramer, host of CNBC’s Mad Money and former hedge fund manager, every time Trump attacks Amazon, FANG stocks tend to drop, dragging down the broader stock market.
As Amazon (AMZN) is preparing to report its 1Q18 results, Donald Trump has escalated his criticism of the company’s practices, particularly its delivery contract with the US Postal Service and collection of sales tax. In late March, Axios reported that Trump wasn’t paying much attention to the debate about Facebook’s (FB) handling of user data, but seemed intent on clipping Amazon’s wings.
Alibaba founder Jack Ma and his trusty advisers have pulled off a coup in gaining a $150bn valuation for Ant Financial ahead of a mooted listing next year. It is easy to see how the pitch to investors ...
Martin Sorrell has left WPP after 33 years as chief executive following an investigation into personal misconduct. What’s next for the advertising group that he turned into an industry powerhouse? Will ...
With the release of its 4Q17 results in February, Amazon (AMZN) provided some guidance for 1Q18. The company expects revenue of $47.8 billion–$50.8 billion during the quarter. The low end of Amazon’s revenue guidance represents 34% YoY (year-over-year) growth, while the high end of the guidance represents 42% YoY growth.
Amazon’s (AMZN) cloud computing business, Amazon Web Services (or AWS), was its fastest-growing revenue division in 4Q17. AWS revenue increased 45% YoY (year-over-year) to $5.1 billion, while Amazon’s core North America retail division and international business grew 42% and 29%, respectively. Google parent Alphabet (GOOGL) saw its cloud division grow 38.2% YoY in 4Q17, whereas cloud computing revenue grew 98% YoY at Microsoft (MSFT), 104% YoY at Alibaba (BABA), and 16% YoY at Oracle (ORCL), in the period corresponding to Amazon’s 4Q17.
Amazon (AMZN) is the world’s top cloud computing provider, commanding a 34% share of the global cloud market at the end of 4Q17, according to Synergy Research. Its closest competitor, Microsoft (MSFT), had a 13% share, while IBM (IBM), Alphabet’s (GOOGL) Google, and Alibaba (BABA) each controlled less than 10% of the global cloud market.
HANGZHOU, China--(BUSINESSWIRE)-- Alibaba Group Holding Limited (NYSE: BABA) today announced that it will report its unaudited financial results for the quarter and fiscal year ended March 31, 2018 before ...
China’s move to use data from the country’s tech giants to establish its first consumer credit ratings is raising thorny questions about information sharing among rivals like Alibaba and Tencent. Consumer ...