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Alibaba Upgraded To 'Buy' By Analyst, Long-Awaited 'Inflection Point' Coming
Friday, May 27, 2022 - 9:55am | 379Read More...Chinese e-commerce giant Alibaba Group Holding Ltd's (NYSE: BABA) stock is expected to hit a "long-awaited inflection point" in the current quarter despite the challenging three months ended March when it reported the slowest revenue growth since going public in 2014,...
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Buying The Dip In Walmart & Target? Why These 3 Retail Stocks Are Better Options
Friday, May 20, 2022 - 11:07am | 732Read More...The poor earnings reports from Walmart Inc (NYSE: WMT) and Target Corporation (NYSE: TGT) were shocking, Ryan Craver, founder of Commerce Canal, told Benzinga’s PreMarket Prep show Friday morning. "The key reason why I think Walmart and Target shocked me so much was...
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Groupon Q1 Earnings Highlights: Company Revenue Down, CEO Vows To Create Ways To 'Unlock Shareholder Value'
Monday, May 9, 2022 - 5:37pm | 460Read More...E-commerce marketplace company Groupon Inc (NASDAQ: GRPN) hit new 52-week lows on Monday and is seeing shares trade down after market close. Here’s a look at the company’s first-quarter earnings results. What Happened: Groupon reported first-quarter revenue of $153.3 million, missing a...
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As Amazon Struggles, This Latin American E-Commerce Retailer Smashes Q1 Estimates
Friday, May 6, 2022 - 12:05pm | 500Read More...E-commerce giant Amazon, Inc. (NASDAQ: AMZN) reported first-quarter results in April that showed the slowest revenue growth since the dot-com bubble burst in 2001, and issued a weak forecast for the June quarter. Do the company's fundamentals reflect an industry-wide trend,...
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Amazon Doubles 2025 Target To Export From India To $20B
Wednesday, May 4, 2022 - 6:01am | 301Read More...Amazon Inc's (NASDAQ: AMZN) Indian arm has set a $20 billion target for cumulative exports by 2025 from its platform in the country. What Happened: Speaking at the launch of Amazon Exports Digest 2022, Amazon senior VP for India and emerging markets Amit Agarwal said, "Excited by the...
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Alibaba's March Quarter Earnings Estimate Falls By Over 20% Over 3 Months: What You Need To Know
Friday, April 29, 2022 - 10:38am | 477Read More...Alibaba Group Holding Inc. (NYSE: BABA) shares are recovering from near record lows. That does not change the fundamental outlook for the near term, as the company is contending with multiple headwinds. What Happened: Alibaba is widely expected to report earnings per share of $1.15 for...
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Analyst Cuts Price Target On Shopify But Still Sees 37% Upside: What You Should Know
Tuesday, April 19, 2022 - 6:49am | 365Read More...Shares of Shopify, Inc. (NYSE: SHOP) have shed about 58% value since the start of the year and an analyst at Piper Sandler is pointing towards incremental risk for the Canadian ecommerce company over the remainder of the year. The Shopify Analyst: Brent Bracelin maintained an...
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Why Alibaba, Bilibili, JD Are Trading Lower Today
Tuesday, April 19, 2022 - 5:35am | 371Read More...Chinese tech stocks are extending losses on Tuesday in the pre-market session, seeing further erosion of their already-weakened valuations. A few things are working in the minds of investors ahead of the market open in the United States. The cues from Hong Kong, which opened after Monday's...
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Etsy Stock Slides Following Strike, Unionization Talk: Why A Bounce May Be Incoming
Monday, April 18, 2022 - 1:43pm | 725Read More...Etsy Inc (NASDAQ: ETSY) is falling on Monday in a continued downtrend that began March 22 when it topped out at the $151.50 level. Etsy created contoversy among its vendors after raising its transaction fees for artisans and merchants who sell their products on the site from 5% to 6.5%....
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Amazon Sets Up Trades For Bulls, Bears: Here's What To Watch Next Week
Thursday, April 14, 2022 - 3:36pm | 661Read More...Amazon.com, Inc. (NASDAQ: AMZN) was trading about 1.8% lower in consolidation on Thursday afternoon after rallying 3.8% intraday on Wednesday. Thursday’s price action was taking place within Wednesday’s trading range which has set the stock into an inside bar pattern on the daily chart...
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Amazon Prices Will Go Up With Fuel Surcharge: Here's The Date To Remember
Thursday, April 14, 2022 - 1:11pm | 555Read More...To keep up with the rising costs of fuel and inflation, a leading e-commerce company is increasing its prices. Here’s who will feel the impact and when it will take place. What Happened: E-commerce leader Amazon.com Inc (NASDAQ: AMZN) announced Wednesday the addition of a 5% fuel and...
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Etsy Strike: Why Are Sellers Protesting And What Could It Mean For The Stock
Tuesday, April 12, 2022 - 6:05pm | 589Read More...A trending topic on Twitter Inc (NYSE: TWTR) Monday and Tuesday has been #EtsyStrike, a boycott of the e-commerce site Etsy Inc (NASDAQ: ETSY). Here’s why sellers on Etsy are leading the boycott of the site. What Happened: On Monday, April 11, 2022, a new fee increase went live for...
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This Alibaba Rival's Founder Steps Down As CEO: What You Need To Know
Thursday, April 7, 2022 - 7:44am | 668Read More...JD.com (NASDAQ: JD), which has emerged as a potent rival to e-commerce giant Alibaba Group Holdings, Inc. (NYSE: BABA) is seeing a change of guard at the helm. What Happened: Beijing-based JD.com said the baton has been passed from founder chairman and CEO Richard Liu to longtime company...
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Amazon Dubs Take Over Of 800 Future Retail Stores By Reliance A 'Sham Transaction'
Wednesday, April 6, 2022 - 1:48am | 386Read More...The ongoing tussle between the American e-commerce giant Amazon.com Inc. (NASDAQ: AMZN) and Indian retailer Future Retail (FRL) continued in the Delhi High Court on Tuesday (Indian Standard Time). What Happened: Amazon called the February takeover of 835 Future Retail stores by Mukesh Ambani's...
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Hypebeast SPAC Deal: Inside The Company Tom Brady, Kevin Durant And Others Are Investing In
Monday, April 4, 2022 - 11:21am | 713Read More...A SPAC merger agreement announced Monday brought some additional fanfare with several notable athletes and celebrities among the investors in the company’s PIPE. Here’s a look at the company and deal. The SPAC Deal: Hypebeast announced a SPAC merger with Iron Spark I (NASDAQ: ISAA...
















