|Day Low/High||220.73 / 222.60|
|52 Wk Low/High||147.95 / 231.14|
With 'FOMO' investors helping the Nasdaq surge towards 9,000 in recent weeks, it might not take a lot of bad news for tech stocks to correct in early 2020.
RBC analysts expect Alibaba and Salesforce to continue posting strong double-digit sales growth, and remain fans of Constellation's M&A-driven growth strategy.
There are two overt threats to market health and by extension to U.S. economic growth.
And we could be in the middle of the perfect storm for oil markets, where prices can rise aggressively through the first quarter.
Plus, the Saudis look to press their oil agenda while Europe prints some ugly economic data.
Write this city off at your peril. Hong Kong is still the financial capital of East Asia, and will remain so as long as the Chinese Communist Party refuses to ease its capital controls.
Though there are legitimate concerns about Uber's business that the company still needs to address, it's worth recalling how negative investors once were towards some tech giants at far lower levels.
The Hong Kong stock market rallied for no good reason on Monday and Tuesday, then surrendered those gains; meanwhile, Alibaba easily sold $11 billion in stock there.
At a time when many quality tech companies are staring at huge 2019 gains, spotting good deals takes a bit of effort. But it's by no means impossible.
The police in Hong Kong are being encouraged to crack down harder and harder on pro-democracy demonstrators that Beijing dubs "terrorists." Cracking down is not working.
Fresh off the excitement of Singles Day, JD is the stock that appears a better play right now, as it's finding niche spots to fill in logistics and housing.
Compared with prior Singles Day events, Alibaba got a bigger sales lift this year from 'lower-tier' Chinese cities, and saw stronger promotional activity from big brands.
Are we going to see an arbitrage begin to play out between the cross-border exchanges?
The Chinese e-commerce giant crushes even Amazon Prime Day, but it still needs some political wins to get where it wants to go; here's how to play the stock now.
China honors November 11 with an e-commerce extravaganza due to set one-day sales records. However, China's stock markets take a hit due to Hong Kong 'hitch.'
Whether there will be a breakout in the online retailer's shares remains to be seen.
While U.S. and Chinese firms are trying to fully disengage with each other, many are trying to guarantee that they have options should economic tensions worsen.
Hong Kong has its first firmly protest-related death, after a second-year university student died from a car park fall. Conspiracies fly in this city of demonstration, once again likely to burn aflame.
As for pressure on the Chinese side, I think a September 17.8% decline in exports to the U.S. compounded on top of a 22% decline in August speaks for itself.
The nation enters an electoral season. The drug companies for the most part, have no friends on either side of the aisle.
There is no way we don't have some sort of trade deal signed out of Chile.
Most important is that the Fed felt the need earlier this week to expand it's minimum offering for overnight repo operations, while also increasing the 14 day repos.
JD.com separates itself from other e-commerce competitors by controlling its inventory and logistics.
Let's hope the blacklisting of eight companies supplying surveillance equipment to the Chinese state is not just another chip on the U.S.-China trade negotiating table.
Bears are loaded with ammunition to take this market down but the hope for some progress on China has held them off.
The White House has issued assurances that it is not about to delist Chinese companies from U.S. markets, but it wouldn't be a stretch to see state-owned enterprises come under fire.
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