China tech and internet stocks

Here's the Megacap Stock Wall Street Thinks Will Skyrocket the Most Over the Next 12 Months

Here's the megacap stock Wall Street thinks will skyrocket the most over the next 12 months. Refinitiv recently surveyed 48 analysts who cover Chinese technology company Alibaba Group Holdings (NYSE: BABA). Another 18 analysts are even more bullish, rating Alibaba as a "strong buy."

China’s AI Clout Might Be Overstated. What Investors Need to Know.

The rapid advancement of artificial intelligence adds another complicated layer to an already fraught relationship between Washingon and Beijing.

Alibaba (BABA) Stock Sinks As Market Gains: What You Should Know

Alibaba (BABA) closed at $85.50 in the latest trading session, marking a -0.74% move from the prior day.

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  PPL (PPL) Stock Sinks As Market Gains: What You Should Know

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  Crocs (CROX) Stock Sinks As Market Gains: What You Should Know

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10 Quantum Computing Stocks Billionaires Are Loading Up On

In this article, we will take a look at the 10 quantum computing stocks billionaires are purchasing. If you want to skip our detailed analysis of the industry and its growth prospects, go to the 5 Quantum Computing Stocks Billionaires Are Loading Up On. As reported in one of our articles earlier, the size of the […]

Alibaba Cloud's Collaboration with Shaanxi Coal Signals Big Move Wot Win State Clients

Alibaba Group Holding Limited's (NYSE: BABA) digital technology unit Alibaba Cloud Intelligence collaborated with Chinese mining giant Shaanxi Coal and Chemical Industry Group in its bid to win state-owned enterprise clients. The Western Energy Cloud platform, backed by Alibaba Cloud, helps to accelerate the digitization of the energy industry in Western China – home to Xian-based Shaanxi Coal, SCMP reports. Alibaba Cloud aims to drive business intelligence innovation by integrating industry-spe

13 Best Future Stocks for the Long-Term

In this piece, we will take a look at the 13 best future stocks for the long-term. For more stocks, head on over to 5 Best Future Stocks for the Long-Term. Investing these days is a ride not for the faint hearted. Within a couple of years, stocks that were once thought to be immune […]

10 Metaverse Stocks Billionaires Are Loading Up On

In this article, we discuss 10 metaverse stocks billionaires are loading up on. If you want to see more stocks in this selection, check out 5 Metaverse Stocks Billionaires Are Loading Up On. The concept of the metaverse gained significant attention during the years 2021-2022, with a major contributing factor being Facebook’s announcement to rebrand […]

Alibaba Cloud wins deal with Chinese coal giant in push to woo more state-owned clients

Alibaba Cloud Intelligence, the digital technology unit of Alibaba Group Holding, has announced a new partnership with Chinese mining giant Shaanxi Coal and Chemical Industry Group, as the cloud computing service provider steps up efforts to win state-owned enterprise clients. The Western Energy Cloud platform, supported by Alibaba Cloud, is designed to speed up the digitisation of the energy industry in western China - home to Xian-based Shaanxi Coal, according to an article posted on Alibaba C

China Stocks Mixed After Weak Inflation Data. Hopes Rise for More Stimulus.

China’s producer-price inflation is surprisingly weak in May, with prices falling 4.6% from a year earlier. Consumer price inflation climbs just 0.2%.

TikTok-Owner Tests ChatGPT-Style Bot After Joining China AI Race

(Bloomberg) -- ByteDance Ltd. is testing an artificial intelligence-powered chatbot among employees, joining rival Chinese internet conglomerates from Alibaba Group Holding Ltd. to Baidu Inc. in a race to create a local version of ChatGPT.Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsDonald Trump Charged in Florida Over Secret Documents CaseRussian Elite Is Souring on Putin’s Chances of Winning His WarUkraine’s New Tanks Are Seen in Action as Counteroffensiv

What Makes Tencent Holding Ltd. (TCEHY) a New Strong Buy Stock

Tencent Holding Ltd. (TCEHY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

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  Velocity Financial (VEL) Upgraded to Buy: What Does It Mean for the Stock?

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  All You Need to Know About Applied Industrial Technologies (AIT) Rating Upgrade to Buy

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10 Best Big Name Stocks to Buy Now

In this article, we discuss the 10 best big name stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to 5 Best Big Name Stocks to Buy Now. The US economy and big business giants have a closely intertwined relationship, with these large corporations playing a significant […]

Individual investors who hold 38% of JD.com, Inc. (NASDAQ:JD) gained 13%, institutions profited as well

Key Insights JD.com's significant individual investors ownership suggests that the key decisions are influenced by...

1 Stock to Avoid No Matter What, and 1 Worth Adding to Your Portfolio

In light of this changing landscape, investors would do well to shift from certain internet and direct marketing retail stocks to others -- and one move might be particularly prudent. The e-commerce conglomerate most likely to disappoint shareholders is Alibaba (NYSE: BABA). This might surprise some investors as founder Jack Ma's vision turned Alibaba into the largest e-retailer in China.

Zacks.com featured highlights include Penumbra, Lamb Weston Holdings, Transportadora de Gas del Sur and Vipshop

Penumbra, Lamb Weston Holdings, Transportadora de Gas del Sur and Vipshop are part of the Zacks Screen of the Week article.

Jiayin Group Inc. Reports First Quarter 2023 Unaudited Financial Results

M3+ Delinquency Rate by Vintage M3+ Delinquency Rate by Vintage -- First Quarter Total Loan Origination Volume Grew 142.9% to RMB19.8 billion ---- First Quarter Net Revenue Grew 119.5% to RMB1,122.2 million ---- First Quarter Net Income Grew 93.4% to RMB279.7 million -- SHANGHAI, China, June 08, 2023 (GLOBE NEWSWIRE) -- Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN), a leading fintech platform in China, today announced its unaudited financial results for the first quarter ended Mar

JD.com's new strategy to woo cash-strapped Chinese shoppers: smaller retailers, cheaper products

Chinese e-commerce giant JD.com is doubling down on its new low-price strategy to tap lower-tier markets amid intensified competition in the country, according to the company. The online shopping platform has been targeting smaller merchants by allowing these "million vendors" to open stores on its platform, Wang Xiong, an executive in charge of the firm's strategy direction, said at a press event in Beijing on Tuesday. The move marked a departure from JD.com's traditional business model, which

Earnings Estimates Moving Higher for Tencent Music Entertainment Group Sponsored ADR (TME): Time to Buy?

Tencent Music Entertainment Group Sponsored ADR (TME) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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  Earnings Estimates Rising for Trip.com (TCOM): Will It Gain?

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  Pioneer Natural Resources Company (PXD) is Attracting Investor Attention: Here is What You Should Know

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Pinduoduo Draws Short Sellers in China’s E-Commerce Price War

(Bloomberg) -- One of China’s most popular stock bets of the past year is unraveling fast, weighed down by an intensifying e-commerce price war and weaker economic growth.Most Read from BloombergJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareOdey Sacked From His Hedge Fund Firm After Assault AllegationsAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeTrump’s Own Words Play a Star Role in the Case Agai

Vipshop Holdings Limited (VIPS) Hits Fresh High: Is There Still Room to Run?

Vipshop Holdings Limited (VIPS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

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  Owens Corning Inc (OC) Hit a 52 Week High, Can the Run Continue?

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  MercadoLibre (MELI) Stock Sinks As Market Gains: What You Should Know

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Investors Heavily Search Baidu, Inc. (BIDU): Here is What You Need to Know

Baidu Inc. (BIDU) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

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  Is Trending Stock UiPath, Inc. (PATH) a Buy Now?

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  Investors Heavily Search SoFi Technologies, Inc. (SOFI): Here is What You Need to Know

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Buy These 4 Low-Beta Stocks to Sail Through Choppy Market

It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. Penumbra (PEN), Lamb Weston (LW), Transportadora (TGS) and Vipshop Holdings (VIPS) are poised to gain.