e-commerce

Alibaba Group Holdings Ltd - ADR (NYSE: BABA) and Nio Inc - ADR (NYSE: NIO) were trading near to flat on Friday, holding up comparatively well to the general market, which had seen the S&P 500 tumble 7% since the market opened on Tuesday. Alibaba competitor Amazon.com, Inc. (NASDAQ:...

Major Wall Street indices closed in the red on Wednesday despite an anticipated 50 basis points hike by the Federal Reserve as Chair Jerome Powell indicated the need for more data before the central bank could substantially alter its view on inflation. Federal Reserve officials also project hiking...

Amazon.com, Inc (NASDAQ: AMZN) was popping up over 4% in the premarket on Tuesday in response to consumer price index data that showed inflation slowed in November. The Labor Department reported headline CPI rose 7.1% year-over-year in November, down from 7.7% in October and below the 7.3%...

Major Wall Street indices closed in the green on Thursday after investors and traders questioned the possibility of continued aggression by the Federal Reserve following the release of jobless claims data. The number of Americans submitting new claims for unemployment benefits grew marginally...

Alibaba Group Holdings, Ltd (NYSE: BABA) gapped 3.64% higher on Thursday in tandem with the Hang Seng Index, which closed up 3.38% in Hong Kong. After the market opened, the China-based e-commerce and tech giant spiked an additional 2.5%, led by the S&P 500, which was bouncing slightly....

Amazon.com, Inc. (NASDAQ: AMZN) gapped down about 1% to start Friday’s trading session and after some slight volatility in the morning, the stock settled to trade flat just under the $95 level. Read about Amazon's downsizing plans here Despite the S&P 500 trading higher in an uptrend...

Cathie Wood-led ARK Investment Management sold over 198,000 shares of Shopify Inc (NYSE: SHOP) at an estimated valuation of $8.6 million based on Thursday’s closing price. The sale was done through the flagship ARK Innovation ETF (NYSE: ARKK). Shopify is the sixth largest holding of the...

Major Wall Street indices closed mixed on Thursday as investors and traders shifted their focus towards Friday’s jobs data that will be a key factor in the Federal Reserve’s future rate decisions. The Dow closed 0.56% lower while the S&P 500 ended the session on a flat note. The...

It’s no secret the COVID-19 pandemic and other world events like the Russia-Ukraine war have shot ramifications throughout the global economy. But on Wednesday, Amazon Inc (NASDAQ: AMZN) CEO Andy Jassy said that he believes the economic outlook to be more “uncertain” than...

Major Wall Street indices soared on Wednesday after Federal Reserve Chair Jerome Powell said the central bank may slow the pace of rate hikes as soon as December while also observing there is a long way to go in bringing down inflation. The Nasdaq closed over 4% higher while the Dow and S&P...

Over the years, investors have paid more and more attention to Black Friday and Cyber Monday sales results. So much so, that the results, mainly the positive ones, instigate rallies in the corresponding retail issues. This was evidenced by the initial price action in Amazon.com, Inc. (NASDAQ:...

The Chinese stock market is having a rough 2022.  For the year, the S&P 500 cash index is lower by nearly 17% (3,970). The iShares China Large-Cap ETF (NYSE: FXI) is off by 26% and the KraneShares CSI China Internet ETF (NYSE: KWEB) has tumbled 36% ($26.70). If you are taking the...

Alibaba Group Holdings, Ltd (NYSE: BABA) gapped up almost 6% higher on Tuesday after the Hang Seng Index in Hong Kong closed up 5.24%. Hopes that Xi Jinping’s government may begin to ease its strict COVID-19 restrictions amid rare protests in the country, as well as a downtick in daily...

Southeast Asian nations are seeing significant e-commerce growth. As per a report by eMarketer, e-commerce sales are projected to increase to around $90 billion this year, up from last year’s $16 billion. By 2023, regional e-commerce will be expected to surpass $100 billion....

Early reports on Friday suggest the shopping holiday was off to a slower-than-normal start, but retail investors are hopeful that sales will pick up over the weekend ahead of Cyber Monday next week. Early In-Store Traffic Reports: Bloomberg reported calm and quiet stores at a Target Corporation (...