Jakub Porzycki | Nurphoto | Getty Images Shares of Temu parent PDD Holdings slid more than 5% on Monday, after President Donald Trump’s tariffs announcement signaled the end of a trade loophole used by the Chinese e-commerce giant and other online retailers. Trump on Saturday signed executive orders imposing 25% tariffs on imports from Canada…
My top 10 things to watch Friday, Nov. 22 1. Sellers were active yesterday in some of Club name Nvidia ‘s biggest customers, the hyperscalers that run a bunch of data centers. Does that continue as it dawns on people that there will be no price concessions on Nvidia’s next-gen AI chip platform Blackwell because…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets sink: Stocks are taking it on the chin Friday, capping off a week in which the S & P 500 fell about 2%. Some of…
Shares of e-commerce giants in China look attractive as Beijing attempts to stimulate domestic consumption, according to investor Jason Hsu. Hsu, founder and chairman of Rayliant Global Advisors, told CNBC’s Pro Talks that Alibaba , JD.com , and Pinduoduo are among his top picks. He also revealed a more cautious stance toward Baidu over company…
A trader works on the floor at The New York Stock Exchange following the Federal Reserve rate announcement on Sept. 18, 2024. Andrew Kelly | Reuters Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in…
After all of these years, after all of the rather incredible rallies and gains in the stock market from so many groups, the typical morning still starts with a bevy of negativity. That gloom lasts until near the close, where the market seems to say, “Oh well, maybe things aren’t that bad, at least for…
What’s Going On With Chinese Stocks Alibaba, JD, Nio, Li Auto XPeng on Friday? Alibaba Group Holding (NYSE:BABA), the China tech industry barometer, is trading higher, marking its third week of gains as investors anticipate more upcoming stimulus, SCMP reports. Alibaba’s e-commerce rivals, including PDD Holdings Inc. (NASDAQ:PDD), JD.com, Inc. (NASDAQ:JD), and Baidu, Inc. (NASDAQ:BIDU),…
What’s Going On With Chinese Stocks Alibaba, NIO, XPeng, Li Auto On Wednesday? Alibaba Group Holding (NYSE:BABA) and domestic rival stocks continued their rally since China announced stimulus plans to spur demand. Alibaba peers, including Baidu, Inc. (NASDAQ:BIDU), JD.com, Inc. (NASDAQ:JD), and PDD Holdings Inc. (NASDAQ:PDD), traded higher on Wednesday. Last week, China’s central bank…