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Light First Quarter Guidance Dimmed Shopify's Q4 Beat And Massive Potential
Wednesday, February 14, 2024 - 5:35pm | 784Read More...Shopify Inc (NYSE: SHOP) posted its fourth quarter results on Tuesday. Although its performance during the last quarter of 2023 surpassed estimates, its outlook for the undergoing quarter was mixed. Shopify entered 2024 with a clear goal of expanding its addressable market, going against its main...
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Walmart-Vizio Deal: A Potential Boon Or Bane For Roku? Analysts Sound Off Before Q4 Earnings
Wednesday, February 14, 2024 - 1:09pm | 965Read More...Retailer Walmart Inc (NYSE:WMT) is reported to be considering an acquisition of smart television company Vizio Holding Corp (NYSE:VZIO). The Wall Street Journal report of deal talks had shares of Roku Inc (NASDAQ:ROKU), another smart television company, volatile on Tuesday and early Wednesday. Here...
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Alibaba Losing Ground As Merchants Shift To JD.Com, Douyin And Other Rival Platforms: Report
Wednesday, February 14, 2024 - 3:04am | 629Read More...The factories in Shaji, China, have begun to shift their allegiance from Alibaba Group Holding Ltd (NYSE:BABA) to rival e-commerce platforms, citing a decline in Alibaba’s ability to guarantee sales. What Happened: The factories in Shaji, a town in eastern China, have started to list their...
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Shopify President Discusses International Expansion Plans With Jim Cramer: 'Massive Area Of Growth For Us'
Wednesday, February 14, 2024 - 1:20am | 577Read More...In a recent interview with CNBC, Shopify Inc (NYSE:SHOP) President Harley Finkelstein disclosed the company’s plans for international expansion, emphasizing it as a significant avenue for future growth. What Happened: Speaking to CNBC’s Jim Cramer on Tuesday, Finkelstein emphasized the...
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Temu Wants To Take Down Amazon — It Has A Secret Weapon
Tuesday, February 13, 2024 - 12:38pm | 575Read More...In just over a year, Temu has emerged as a formidable player in the e-commerce arena, achieving substantial growth in traffic and sales, particularly in the U.S. Similarweb Digital Data unveils the strategies behind the company’s success and a secret weapon the company is using as it...
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Temu Goes Viral — Good And Bad — With 'Shop Like A Billionaire' Super Bowl Commercial
Monday, February 12, 2024 - 7:50pm | 1001Read More...E-commerce company Temu was among the biggest spenders on Super Bowl commercials during the airing of Super Bowl LVIII Sunday. With ads coming in at a cost of $7 million for a 30-second spot, Temu airing the same commercial several times gained strong attention both good and bad. What Happened: The...
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Shopify Analyst Struggles To Justify Stock's Valuation, 'Caution May Be Warranted'
Monday, February 12, 2024 - 4:06pm | 489Read More...Shopify Inc (NYSE:SHOP), will be reporting its fourth-quarter earnings on Feb. 13. Wall Street expects 31 cents in EPS and $2.08 billion in revenues as the company reports before market hours. The company is known for its user-friendly e-commerce platform that allows businesses to set up online...
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Alibaba International Records Solid Growth Led By AliExpress
Monday, February 12, 2024 - 11:28am | 1051Read More...Key Takeaways Alibaba International recorded strong revenue growth in the three months to December, its sixth consecutive quarterly increase since Alibaba partner Jiang Fan took the helm in 2022 The company will further invest in its AliExpress “Choice” program, which has shown strong...
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KK Group Hopes The Fourth Time Is Lucky With New Hong Kong IPO Bid
Friday, February 9, 2024 - 10:14am | 1147Read More...Key Takeaways: KK has filed for a long-planned Hong Kong IPO, as it recently turned profitable and opens new stores at a brisk rate The fast-growing lifestyle retailer’s GMV rose 43% in the first 10 months of 2023, while its revenue rose by 55% By Edith Terry The betting is on: will...
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Alibaba Earnings: Can Q4 Earnings Provide Pivot Point For Beleaguered Investors?
Monday, February 5, 2024 - 2:01pm | 803Read More...Despite the continuing rout on Chinese stock markets on Monday, shares in Alibaba (NASDAQ:BABA) escaped with only a fractional loss in Hong Kong, while its U.S. listing gained ahead of the e-commerce company’s fourth-quarter earnings report on Wednesday. In Hong Kong, the shares dipped 0.1%,...
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Meta's Ad Business Continues To Rebound, Its Metaverse Efforts Continue to Advance But Its Moral Integrity Remains Questionable
Monday, February 5, 2024 - 11:08am | 665Read More...Last week, earnings from Microsoft Corporation (NASDAQ: MSFT), Google-parent Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), Apple Inc (NASDAQ: AAPL) and Meta Platforms (NASDAQ: META) closed out January. Amazon stock rose more than 8% on Thursday in after-hours trading as the e-commerce and...
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Amazon's Earnings Bounced Back On The Back Of Holiday Shopping And Its Cost Discipline
Friday, February 2, 2024 - 2:17pm | 561Read More...On Thursday, Amazon.com Inc (NASDAQ: AMZN) topped analyst estimates with its quarterly results thanks to a record holiday season. After earnings rebounded, Amazon also guided for accelerating cloud growth. Fourth Quarter Had A Record-Breaking Holiday Season For the quarter that ended on...
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Amazon Rallies Off Q4 Earnings: 'Another Impressive Beat' Signals Market Dominance
Friday, February 2, 2024 - 12:10pm | 623Read More...Shares of Amazon.com Inc (NASDAQ: AMZN) have been in focus, with tech giants reporting results this week. Amazon’s results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Needham On Amazon Analyst Laura Martin maintained a Buy rating, while raising...
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Shein's Backers Look To Offload Shares At 30% Discount Amid Fading Hopes For IPO
Thursday, January 25, 2024 - 5:02am | 695Read More...The highly anticipated initial public offering (IPO) of Shein, a global online fashion giant, is facing a significant setback as investors are struggling to sell shares at a 30% discount in private market deals. What Happened: Investors are finding it challenging to offload Shein shares in private...
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Vroom Stock Crashed After-Hours: Here's Why
Monday, January 22, 2024 - 6:29pm | 392Read More...Vroom, Inc. (NASDAQ: VRM) shares are trading lower in Monday's after-hours session after the company announced it is discontinuing its operations and winding down its used vehicle dealership business. What To Know: Vroom announced on Monday after the close of the market, causing shares to...
















