MercadoLibre (NASDAQ: MELI) and Alibaba Group Holding (NYSE: BABA) dominate two of the world's fastest-growing e-commerce markets: The former is the leader in Latin America, and the latter is the top player in China.
Tencent (OTC: TCEHY) posted its second-quarter earnings on Wednesday. The Chinese tech giant's revenue rose 20% year over year to 138.3 billion yuan ($21.3 billion), meeting analysts' expectations but decelerating from its 25% growth in the first quarter. Its adjusted net income
Bilibili's (NASDAQ: BILI) stock price slumped to its lowest levels this year after the Chinese tech company posted its second-quarter earnings on Thursday, Aug. 19. Its revenue rose 72% year over year to 4.46 billion yuan ($696 million), beating estimates by $33 million. Its non-
Wall Street's main indexes were set to open lower on Friday, as concerns over a slowing economic recovery and the possible tapering of monetary stimulus put the Dow and the S&P 500 on course for their worst week since mid-June.
In the early 20th century, one of the best-performing stock markets in the world was that of Imperial Russia. For decades, stocks on the St. Petersburg Stock Exchange far outperformed those on the New York Stock Exchange, and it wasn't even close. However, when the Bolsheviks too
The NASDAQ 100 Pre-Market Indicator is up 21.16 to 14,955.1. The total Pre-Market volume is currently 21,009,898 shares traded.The following are the most active stocks for the pre-market session: Marin Software Incorporated (MRIN) is +0.88 at $5.69, with 3,489,665 shares traded.
U.S. stock index futures fell on Friday, as concerns over a slowing economic recovery and the possible tapering of monetary stimulus hurt economy-linked sectors and put the Dow and the S&P 500 on course for their worst week since mid-June.
What happened
It was another rough week for Chinese tech stocks, as signs of tightening regulations continued to cause investors to sell the sector. Their reasoning was that the potential of another crackdown like the one the education sector faced was too great.
When Sea Limited (NYSE: SE) went public in Oct. 2017, most American investors didn't pay much attention to the stock. The Singapore-based e-commerce and gaming company priced its shares at $15, but the stock remained below its IPO price over most of the following year.However, in
China's SenseTime, which sells augmented reality technology to other companies, has seen global daily active users of that tech grow to 100 million from its launch of the business in 2016, a company executive said.
What happened
Shares of Chinese mobile-game company Tencent Holdings (OTC: TCEHY) tumbled on the order of 6% today. That set the pace for peers like Alibaba Group Holding (NYSE: BABA), off 6.9%; Tencent Music Entertainment Group (NYSE: TME), down 7.3%; TAL Education Group (NYSE:
What happened
Shares of Baozun (NASDAQ: BZUN) were moving backward today after the Chinese e-commerce services provider posted disappointing results in its second-quarter earnings report this morning.
U.S.-traded shares of several China-based tech-related firms, including Alibaba Holding, Tencent Music Entertainment Group and iQiyi, slid on Thursday in the wake of Beijing's findings that 43 apps illegally handled user data and directed their parent companies to fix the problem.
JD.com (NASDAQ: JD) and Sea Limited (NYSE: SE) are two of the fastest-growing e-commerce companies in Asia. Both companies are also backed by the Chinese tech giant Tencent (OTC: TCEHY).JD.com is China's largest direct retailer and second-largest e-commerce company after Alibaba
5 Top Artificial Intelligence Stocks To Watch Ahead Of September 2021While investors are wondering why stocks are down this week, tech stocks could be worth noting. In particular, some of the best artificial intelligence (AI) stocks in the stock market today would be viable plays
The past several weeks have been tough for fans of Chinese stocks. The Shanghai Composite Index is down 5% from February's peak, while the rest of the world's market indices are generally higher. And the underlying crackdown on the country's technology companies may not be over y
The NASDAQ 100 Pre-Market Indicator is down -97.08 to 14,760.84. The total Pre-Market volume is currently 23,128,989 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro Short QQQ (SQQQ) is +0.16 at $8.66, with 4,469,709 shares tr
Chinese artificial intelligence startup SenseTime is planning to file for an up to $2 billion initial public offering (IPO) in Hong Kong as soon as the end of this month, three people with direct knowledge of the deal told Reuters.