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JD News14 articles
Alibaba Shares Tumble 5.4% After Beijing Questions 618 Subsidy Claims
Alibaba's Hong Kong shares plunged 5.4% after Beijing regulators questioned Taobao and Tmall's 618 festival subsidy claims, intensifying regulatory risk and margin worries.
Regulation
PDD Holdings Tumbles on Q1 Earnings Miss, Costs Surge
PDD Holdings shares plunged 10.5% after first-quarter revenue and profit fell short of Wall Street forecasts, as rising costs and intense competition pressured the Temu and Pinduoduo parent.
Earnings
Asian Markets Rally on US-Iran Talks, Nikkei Nears Record
Asian shares advanced Friday, with Japan's Nikkei jumping 2.8% toward a record high, fueled by hopes for US-Iran diplomacy, while oil remained near $105 and the yen stayed weak.
Markets
Nvidia Slips 4.4% as AI Rally Pauses Ahead of Key Earnings Report
Nvidia shares dropped 4.4% to $225.32 Friday ahead of its fiscal Q1 earnings, trimming weekly gains to 4.7%. Options market implies a 7% swing post-earnings.
Earnings
Nvidia Stock Slips as China H200 Chip Hopes Fade Before Earnings
Nvidia shares fell 2.8% to $229.12, snapping a seven-day rally, after U.S. Trade Representative Jamieson Greer indicated chip export controls were not discussed in Beijing, dampening hopes for H200 chip sales to China.
Markets
Nvidia Shares Jump on China Chip Approval, Shipments Yet to Begin
Nvidia shares surged 4.4% to a record after US officials approved sales of H200 AI chips to about 10 Chinese companies, though no shipments have started yet.
Technology
Wall Street Hits New Highs as AI Optimism Overrides Inflation Data
The S&P 500 and Nasdaq hit new intraday highs on Thursday, led by Nvidia and Cisco, despite April retail sales rising 0.5% and jobless claims increasing to 211,000.
Markets
Cisco's AI Surge Propels Futures Higher as Wall Street Eyes Inflation Data
U.S. stock futures rose early Thursday as Cisco's 19% premarket surge on AI demand and job cuts lifted tech stocks. Markets await April retail sales and jobless claims data.
Markets
Nvidia's China H200 Sales Stalled Despite US Approval
US regulators have cleared Nvidia to sell its H200 AI chips to major Chinese companies, but no shipments have occurred as Chinese buyers hold off under Beijing's guidance.
Technology
Alibaba's AI Spending Faces Profitability Test Ahead of Earnings
Alibaba's ADRs edge up in premarket as investors await fiscal Q4 results. Revenue expected to rise to 282.44B yuan, but net profit projected to fall to 11.71B yuan.
Earnings
JD.com Surges on Retail Margin Strength, Food-Delivery Losses Narrow
JD.com shares jumped 8.3% in Hong Kong as Q1 revenue and adjusted profit topped expectations, with retail margin expansion and reduced food-delivery losses offsetting a 53% net income drop.
Earnings
FTSE 100 Slips as Energy Stocks Weigh on Market
London's FTSE 100 fell 0.34% as energy stocks dragged, while the FTSE 250 rose 0.6% on travel gains amid lower oil prices and peace deal hopes.
Markets
Cocoa, Coffee, and Sugar Rally Amid Supply Shocks and Dollar Weakness
Commodity markets saw significant moves with cocoa, coffee, and sugar prices climbing due to supply constraints and a weaker dollar. Equities in India and Hong Kong rallied on easing geopolitical tensions.
Commodities
Alibaba's Profit Plunge Overshadows AI Cloud Surge in Q4
Alibaba Group reported a sharp 66% drop in quarterly net income, missing estimates, as aggressive spending on discounts and delivery squeezed margins despite strong growth in its cloud and AI division.
Earnings