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Baidu's (NASDAQ: BIDU) stock price declined by nearly 7% on Tuesday following the release of its second-quarter earnings report. The Chinese tech giant's revenue fell by 5% year over year to 29.65 billion yuan, or $4.43 billion, but still exceeded analysts' expectations by $230 m

Pinduoduo's (NASDAQ: PDD) stock surged 15% on Aug. 29 following its second-quarter report. The Chinese e-commerce company's revenue rose 36% year over year to 31.44 billion yuan ($4.69 billion), which beat analysts' estimates by $1.25 billion. Its adjusted earnings grew 165% to 7

What happened Many Chinese stocks rose today on positive regulatory news, but also were affected as COVID-19 cases continued to spread in the country and by some geopolitical concerns between China and Taiwan.

Amazon’s AMZN cloud computing arm, Amazon Web Services (“AWS”), launched a cloud region in the United Arab Emirates (UAE) in a bid to expand its cloud footprint in the Asia Pacific (APAC).Notably, the new region marks the second Middle East region of AWS.The new region co

In this article we are going to estimate the intrinsic value of Alibaba Group Holding Limited (NYSE:BABA) by taking the expected future cash flows and discounting them to their present value. We will use the Discounted Cash Flow (DCF) model on this occasion. There's really no

Alibaba (NYSE: BABA) stock has benefited from a huge relief rally in recent days. A preliminary agreement between the U.S. and China will allow U.S. auditors to investigate Chinese companies.

Bridgewater Associates, the world's largest hedge fund, and Citadel Securities, one of the biggest market-making firms, announced new offices in Singapore and Tokyo on Wednesday.

U.S.- listed shares of Chinese companies fell on Tuesday over rising tensions between Beijing and Taiwan, while a Reuters report naming Alibaba among the first batch of firms to be audited by the United States also dented sentiment.

U.S. regulators have selected e-commerce giant Alibaba Group Holding Ltd and other U.S.-listed Chinese companies for audit inspections starting next month, three sources familiar with the matter said.

U.S. regulators have selected e-commerce giant Alibaba Group Holding Ltd and other U.S.-listed Chinese companies for audit inspections starting next month, three sources familiar with the matter said.

Alibaba (BABA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

The First Trust Cloud Computing ETF (SKYY) was launched on 05/27/2011, and is a smart beta exchange traded fund designed to offer broad exposure to the Technology ETFs category of the market.

What happened Shares of Pinduoduo (NASDAQ: PDD) were surging today after the Chinese e-commerce company posted strong results in its second-quarter earnings report, easily outpacing analyst expectations.

For Immediate ReleaseChicago, IL – August 29, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured i

Pinduoduo Inc reported quarterly revenue above Street's estimates on Monday, as a strict lockdown in several COVID-hit Chinese cities kept up demand for online shopping.

Investors have cheered a breakthrough deal that promises U.S. regulators access to Chinese companies' accounting paperwork but say markets will need to see successful inspections and economic recovery before much more money can be expected to move to China.

The Fed is not pivoting from its hawkish stance regarding interest rates. Fed chairman Jerome Powell put those notions to rest Friday, speaking bluntly about policy decisions to combat inflation during his speech at Jackson Hole.

Friday, August 26, 2022

Wall Street fell sharply on Friday after Federal Reserve Chief Jerome Powell's comments suggested the central bank will keep raising interest rates to tame inflation.

The S&P 500 and the Nasdaq were subdued on Friday in early trading as investors were nervous about hawkish signals from Federal Reserve Chair Jerome Powell at the annual Jackson Hole symposium amid fears of slowing economic growth.