JD.com (JD) stock slipped early Thursday despite the Chinese e-commerce company reporting better-than-expected third-quarter earnings. Revenue growth accelerated to 5.1%, but still came in just below consensus. ↑ X NOW PLAYING The Chip War With China Is Heating Up. Who’s Winning? JD earned an adjusted 8.68 yuan per American depositary share (ADS), or $1.20, on sales of 260.39…
Amazon (AMZN) stock is building on its postelection rally by notching another record high Wednesday. Shares of the tech giant are rallying as Amazon launched a discount-focused e-commerce service, an answer from the company to the rapid rise of PDD Holdings‘ (PDD) Temu. ↑ X NOW PLAYING Why Amazon Is Expanding Into Everything From AI…
Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. The CPI inflation report is on tap, with Cava Group (CAVA), Spotify (SPOT) and Nvidia-backed AI startup Soundhound AI (SOUN) headlining big earnings reports overnight. The stock market rally retreated Tuesday after a huge run, while Treasury yields jumped….
Cava (CAVA) prepares to report earnings for the third quarter late Tuesday. In intraday trading, Cava stock fell from record highs. The Mediterranean restaurant chain grew traffic 10% in the second quarter, bucking industry trends. Shares of the fast-casual rival to Chipotle Mexican Grill (CMG) have more than tripled year to date, vaulting 236%. But…
Singapore-based internet services company Sea Limited (SE) early Tuesday reported third quarter earnings that beat expectations, with a stronger-than-expected 31% revenue increase. Sea stock jumped following the report. ↑ X NOW PLAYING This Stock Could Be The Next Chipotle. But Can It Maintain Stellar Earnings Growth? Sea said in a news release that it earned…
The S&P 500 and the other major indexes surged this past week to record highs as Donald Trump won the presidential election. The latest Federal Reserve rate cut and generally positive earnings report also lifted stocks. S&P 500 stocks Meta Platforms (META), Costco Wholesale (COST), Vertex Pharmaceuticals (VRTX), Hoka maker Deckers (DECK) and Broadcom (AVGO)…
Costco Wholesale (COST) and Insulet (PODD) both broke out of flat bases and reached highs Friday. Costco stock is on track for its sixth straight day of gains, while Insulet soared after the company’s earnings report. Costco shares climbed 1.6% Thursday after the wholesale warehouse retailer late Wednesday reported October sales that grew 7.2% over…
The stock market ended a banner week sharply higher on the ebullience surrounding the election victory of Donald Trump. Now a fresh inflation reading and U.S. retail sales data is due. The Nasdaq composite ended Friday with a slim 0.1% gain. However, the true story was the tech-heavy index’s blockbuster weekly lift of 5.7%, the…
Amazon.com Amazon.com AMZN $11.53 6.19% 182% IBD Stock Analysis Stock with 195.37 handle buy point AMZN rallying on earnings Composite Rating Industry Group Ranking Emerging Pattern Consolidation * Not real-time data. All data shown was captured at 11:40AM EDT on 11/01/2024. Amazon (AMZN) is the IBD Stock of the Day for Friday. Shares jumped after…
The stock market ended Friday higher following a weak jobs report but booked weekly losses. Now the U.S. elections as well as the next Fed decision on interest rates loom for investors. The Nasdaq composite saw early gains fade as it closed 0.8% higher. This was not enough to stop the tech-heavy index suffering a…