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this morning we're watching shares of jd.com.hey're getting hit hard in asia, this after walmart confirmed it's selling its stake. jp, good morning to you. the shares weighing on the markets there. >> absolutely, frank. while we did see them fall off the cliff, you can't say the same for jd.com. we saw their shares surge. again, related to walmart, confirming they are selling that stake. we have to look at the numbers though. remember, walmart is selling this for about $24.95. that's still below jd.com, which means it could have a ways to go. the other question, why is walmart selling at such a heavy discount? is it because they're doing well? the last earnings report doesn't show them in dire straits but they could be souring on the partnership with jd.com. they would continue to work with jd.com as a partner, but they might put the $3.7 million to bolster their operations in china. it's happening when you're seeing the price war intensifying, ooh e roading margins, and making it more difficult to compete. take a look at retail
this morning we're watching shares of jd.com.hey're getting hit hard in asia, this after walmart confirmed it's selling its stake. jp, good morning to you. the shares weighing on the markets there. >> absolutely, frank. while we did see them fall off the cliff, you can't say the same for jd.com. we saw their shares surge. again, related to walmart, confirming they are selling that stake. we have to look at the numbers though. remember, walmart is selling this for about $24.95. that's...
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Aug 15, 2024
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alibaba and jd.com will be reporting later. ♪ where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? no. i can do some research. ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management >> the following is a paid program. the opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or its employees. >> the following is a paid presentation furnished by rare collectibles tv, llc.
alibaba and jd.com will be reporting later. ♪ where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? no. i can do some research. ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management >> the following is a paid program. the opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or its employees. >> the following...
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, planning to sell at stake for jd.com. got they index down 2.1%. also something more than 10 percent. also advertising the revenue. also shares in jd.com receiving a very heavy volume. it's normal volume on those shares being traded. we haven't brought you the stories that got introduced with an additional 9% tariffs on tesla. that's on top of the existing tariffs that they already suffer. take a look at these tesla suppliers shrugging off that bad news. samsung sdi up better almost 7% in lg energysolutions also performing very strongly. that is it from bloomberg markets: asia. we've got horizons middle east & africa next. this is bloomberg. ♪ >> the following is a paid program. the opinions and views expressed do not reflect those of bloomberg lp, its affiliates or its employees.>> the following d presentation furnished by rare collectibles tv, llc. >> the morgan silver dollar is without a doubt the most iconic coin in united states numismatics history.
, planning to sell at stake for jd.com. got they index down 2.1%. also something more than 10 percent. also advertising the revenue. also shares in jd.com receiving a very heavy volume. it's normal volume on those shares being traded. we haven't brought you the stories that got introduced with an additional 9% tariffs on tesla. that's on top of the existing tariffs that they already suffer. take a look at these tesla suppliers shrugging off that bad news. samsung sdi up better almost 7% in lg...
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a lot of pressure on the shares of jd.com for obvious reasons.t's sending shock waves across the entire industry group. people are worried about what this signals for jd.com and the growth. >> especially at the time when chinese economy is slowing and also it's been reflected in e commerce. and also it really shows that u.s. companies can go their own way. amy: it's not like eight years ago when the partnership started you need a local partnership to gain popularity among chinese consumers. now sam's club has got really good recognition among chinese customers as well. ed: good point. in your reporting you give the back story of wal-mart and china which is about eight years of partnership with j. d.com. their business is strong. sources spoke to us about that. what did you learn? amy: essentially the partnership was great. it started off as trying to get chinese customers to recognize the brands and gain shares that it might not have been able to without a chinese partner. now that kind of growth has slowed. together with the chinese economy is s
a lot of pressure on the shares of jd.com for obvious reasons.t's sending shock waves across the entire industry group. people are worried about what this signals for jd.com and the growth. >> especially at the time when chinese economy is slowing and also it's been reflected in e commerce. and also it really shows that u.s. companies can go their own way. amy: it's not like eight years ago when the partnership started you need a local partnership to gain popularity among chinese...
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Aug 15, 2024
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, alibaba, in the latest time, his stent has shifted again because jd.com has slipped in these holdingsa has risen to the biggest holding for asset management. again, it is interesting because as i said he has exited away he has come back in, but there are still so many valuation concerns around chinese tech companies, tencent is a good example because even though we saw a earnings come through, that stock has been under pressure throughout the session today. but certainly a wall street overnight it was down around 3.5%, taking a look at how tencent is trading now, still up 1.5 percent. tom: annabelle droulers breaking down the details and what it means for exposure to tech. thank you for the update. plenty more to come. in terms of what to expect from walmart earnings and why it's a great gauge of the u.s. consumer and looking ahead to retail sales as well. this is bloomberg. ♪ why do couples choose a sleep number smart bed? can it keep me warm when i'm cold? wait, no, i'm always hot. sleep number does that. can i make my side softer? i like my side firmer. sleep number does that. your
, alibaba, in the latest time, his stent has shifted again because jd.com has slipped in these holdingsa has risen to the biggest holding for asset management. again, it is interesting because as i said he has exited away he has come back in, but there are still so many valuation concerns around chinese tech companies, tencent is a good example because even though we saw a earnings come through, that stock has been under pressure throughout the session today. but certainly a wall street...
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Aug 21, 2024
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. >>> walmart confirms a sale of jd.com. they say that decision would allow it to focus on walmart china and sam's club and deploy capital to other priorities. the stock was do8.7%. >>> china's walmart is selling shares at a price range of 24.85 to 25.85 each. jd.com's shares sinking down. walmart and jd's partnership go back eight years and the u.s. retailer now remains continued is committed to a continued relationship and apply capital toward other priorities. reportsing from hong kong, i'm emily tan. >>> the european president and german's president broke ground on tsmc's chip plan. the aid approval is the largest so far under the block's c.h.i.p.s. act with the joint venture between tsmc and several chip players expected to cost 10 billion euros. vond layen held it for all sides. >> it's an endorsement for europe as a global innovation powerhouse. the world's largest chipmaker is coming to our continent and joining forces with three european champions, and the benefits will be felt well beyond sexton. as a time of growi
. >>> walmart confirms a sale of jd.com. they say that decision would allow it to focus on walmart china and sam's club and deploy capital to other priorities. the stock was do8.7%. >>> china's walmart is selling shares at a price range of 24.85 to 25.85 each. jd.com's shares sinking down. walmart and jd's partnership go back eight years and the u.s. retailer now remains continued is committed to a continued relationship and apply capital toward other priorities. reportsing...
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Aug 28, 2024
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staying with china's e—commerce industry, jd.com says it will repurchase up to $5 billion in shares,rting next month. if the share price took a hit last week after walmart said it was selling its entire stake in the firm. the move so concerns about the show slowdown in the chinese consumer spending. china is vehicle maker xpeng has launched its first budget ev, the entry—level minor hatchback is priced 16,000 —— $16,800. they expect to sell 100 every year as it looks a standout. us information technology giant hp will receive a $50 million in funding from the commerce department. this will go towards expanding and upgrading the company's factory in oregon and developed a semiconductor ten ulogie. the award as part of the chips act boosting the production of computer chip. you might think he is too busy running an election campaign and funding of legal cases but that hasn't stopped donald trump from attentive to cash in on his image. he'sjust launched his fourth collection of digital trading cards with some depicting him as a superhero and motorcyclist. the bbc has more from new york.
staying with china's e—commerce industry, jd.com says it will repurchase up to $5 billion in shares,rting next month. if the share price took a hit last week after walmart said it was selling its entire stake in the firm. the move so concerns about the show slowdown in the chinese consumer spending. china is vehicle maker xpeng has launched its first budget ev, the entry—level minor hatchback is priced 16,000 —— $16,800. they expect to sell 100 every year as it looks a standout. us...
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Aug 28, 2024
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staying with china's e—commerce industry, jd.com saying it will repurchase $5 million in shares startingnth. its share price said took it last week after walmart said it was selling its entire stake in the firm. the move so concerns about the slowdown in chinese consumer spending. about the slowdown in chinese consumerspending. staying about the slowdown in chinese consumer spending. staying with china, electric vehicle maker has launched its first budget evening. the entry—level moana evening. the entry—level moa na hatchback evening. the entry—level moana hatchback is priced at around $6,009. the company said 16,000 $800. the company says it expects to sell at least 100,000 cars every year as it looks to stand out in a crowded market. some son has partnered with general motors to build an ev battery plant in the us. the company will invest $3.5 billion in the factory in indiana, a mass production of factories will start in 2027 with the dealers were to create jobs for the local economy. you might think here is busy running an election campaign and fending off legal cases but that doesn
staying with china's e—commerce industry, jd.com saying it will repurchase $5 million in shares startingnth. its share price said took it last week after walmart said it was selling its entire stake in the firm. the move so concerns about the slowdown in chinese consumer spending. about the slowdown in chinese consumerspending. staying about the slowdown in chinese consumer spending. staying with china, electric vehicle maker has launched its first budget evening. the entry—level moana...
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Aug 22, 2024
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so, um, and then the transaction companies like, uh, jd.com and alibaba that are sort of like amazon doing 0k, except they're also facing a slowing economy and difficulties overseas. shares of peloton have jumped by more than 35% in the united states. it has been restructuring its business as demand for exercise makes fell drastically after the pandemic. nestle chief executive mark schneider has stepped down after eight years at the helm of the world's largest food manufacturer. this was following a period of underperformance that affected the company's share price which has fallen 14% over the past 12 months. he will be replaced by laurent freixe. nestle�*s executive vice president and head of its latin america business in september. during the covid lockdown, online dating exploded. with millions stuck inside, apps like tinder, hinge and bumble were rocketed into the mainstream. while their popularity remains huge, research suggests that some users have stopped using the apps. the pew research centre surveyed more than 6,000 americans about their attitude to online dating. my colle
so, um, and then the transaction companies like, uh, jd.com and alibaba that are sort of like amazon doing 0k, except they're also facing a slowing economy and difficulties overseas. shares of peloton have jumped by more than 35% in the united states. it has been restructuring its business as demand for exercise makes fell drastically after the pandemic. nestle chief executive mark schneider has stepped down after eight years at the helm of the world's largest food manufacturer. this was...
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Aug 21, 2024
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when you hear from the likes of walmart and how it is exiting its stake in jd.com, this is a long-standing relationship, it raised 3.6 billion dollars from the selling of its stake, it tells you how the challenging economic backdrop in china is prompting investors to pare down given the diminishing returns of chinese bets. that is playing out among the ev names. the likes of xpeng already in its earnings showing that white guidance, that disappointment amid the price war. the bright spot geely coming back online after the lunch break. it did show first-half profits at a record. maybe that is helping flip it from the negative sentiment earlier coming into the lunch break. xiaomi earnings are also due later today. we could see a pickup. this is a relative new player in the ev space. as we talk about chinese economy and demand, something interesting emerging is how we have been doubling down on the idea that the chinese economy is banking on its exports. today the pboc sending a signal via a weaker than expected fix versus estimates for the first time in about a year. the signal through that
when you hear from the likes of walmart and how it is exiting its stake in jd.com, this is a long-standing relationship, it raised 3.6 billion dollars from the selling of its stake, it tells you how the challenging economic backdrop in china is prompting investors to pare down given the diminishing returns of chinese bets. that is playing out among the ev names. the likes of xpeng already in its earnings showing that white guidance, that disappointment amid the price war. the bright spot geely...
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Aug 27, 2024
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jd.com, 5 billion dollars share buyback. positive. why? it's a tough environment for e-commerce in china. this is something that is shareholder friendly while the macro picture deteriorates. caroline: it is ugly out there for pdd once again. let's focus on some supporting the market, others hurting the brand. it was a shock to the system that pdd wasn't doing as well as anticipated. what does it mean in a broader context when it comes to china? >> there's a lot of concern over the strength of the chinese economy right now. a company like this, so tied to the consumer, giving a tepid, cautious outlook, is a reason to have broader concerns about the state of things there in the outlook for china going forward. we saw that stock dropped 20% yesterday, lower yesterday. broader concerns now about the strength of one of the biggest economies in the world. ed: the jd.com story is a readthrough where they are trying to disassociate themselves perhaps with the wider e-commerce picture in china. buybacks always cheer up investors. ryan: absolutely.
jd.com, 5 billion dollars share buyback. positive. why? it's a tough environment for e-commerce in china. this is something that is shareholder friendly while the macro picture deteriorates. caroline: it is ugly out there for pdd once again. let's focus on some supporting the market, others hurting the brand. it was a shock to the system that pdd wasn't doing as well as anticipated. what does it mean in a broader context when it comes to china? >> there's a lot of concern over the...
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Aug 15, 2024
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he increased baidu and sold off the stake in jd.com.ant to take you to bill ackman's moves he trimmed a number of top holdings in the second quarter including reducing its stake in top holding alphabet by 16%. interesting move here. pershing square revealed a 3 million share stake in nike worth $229 million that sent shares of the shoemaker higher after hours trading. nike shares trading up by more than 3%. ackman made $100 million profit trading in and out of the nike stock back in 2018 some back grground here to the position and the loeb's third point cuts meta and added apple with close to 5% of the portfolio now invested in the cupertino giant. when it comes to berkshire hathaway, we got more detail there. we know basically they have been on a selling spree which saw it offloading more than $75 million in equities in the second quarter as it grew the cash pile to the all-time high of $277 billion. just to put it in context, that's larger than the annual output of new zealand as well as portugal warren buffett's 40 million apple shar
he increased baidu and sold off the stake in jd.com.ant to take you to bill ackman's moves he trimmed a number of top holdings in the second quarter including reducing its stake in top holding alphabet by 16%. interesting move here. pershing square revealed a 3 million share stake in nike worth $229 million that sent shares of the shoemaker higher after hours trading. nike shares trading up by more than 3%. ackman made $100 million profit trading in and out of the nike stock back in 2018 some...
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staying with china's e—commerce industry, jd.com says it will repurchase up to five billion dollars ining next month. its share prices took a hit last week after walmart said it was selling its entire stake in the firm. the move stoked concerns about the slowdown in chinese consumer spending. chinese electric vehicle maker xpeng has launched its first budget ev. the entry—level mona hatchback is priced at around 16,800 dollars. the company says it expects to sell at least a hundred thousand mona cars every year, as it looks to stand out in a crowded market. us information technology giant hp will receive 50 million dollars in funding from the commerce department. the funds will go towards expanding and upgrading the company's factory in oregon, that develops semiconductor technology. the award is part of the chips act — aimed at boosting the domestic production of computer chips. you might think he is busy running an election campaign and fending of legal cases but that hasn't stopped donald trump from attempting to cash in on his image. he'sjust launched his fourth collection of digit
staying with china's e—commerce industry, jd.com says it will repurchase up to five billion dollars ining next month. its share prices took a hit last week after walmart said it was selling its entire stake in the firm. the move stoked concerns about the slowdown in chinese consumer spending. chinese electric vehicle maker xpeng has launched its first budget ev. the entry—level mona hatchback is priced at around 16,800 dollars. the company says it expects to sell at least a hundred thousand...
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Aug 21, 2024
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walmart teamed up with jd.com back in 2016. j.d.. keeping an eye on that. >>> less than two weeks into the new job, and the new boeing ceo kelly ortberg is dealing with fresh problems at the planemaker. earlier this week the company said it had halted test flights of its 7779 aircraft after a component failed during a maintenance check and separately the faa would require inspections of 787 dreamliners checking into possible sudden movements of the captain's or first officer's chairs. joining us on the overall safety culture of boeing, former argumenting faa administratadmi. now chief safety officer at archer aviation and good to see you again, billy. as we always point out, none of this is great. makes us happy. but the safety record is still unparalleled, for the u.s. airline industry. >> absolutely, joe. first, again, thanks for having me on. always enjoy it. you've said it well. right? so by the time we closeds records on 2024 that would have been over 40 million flights on a global basis, and virtual i all taking off and landin
walmart teamed up with jd.com back in 2016. j.d.. keeping an eye on that. >>> less than two weeks into the new job, and the new boeing ceo kelly ortberg is dealing with fresh problems at the planemaker. earlier this week the company said it had halted test flights of its 7779 aircraft after a component failed during a maintenance check and separately the faa would require inspections of 787 dreamliners checking into possible sudden movements of the captain's or first officer's chairs....
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Aug 21, 2024
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it's not good for jd.com shares are down 5%. look at macy's though. this contrast speaks volumes. price cuts that helped target are crushing macy's shares down 11% because the department store chain cut its annual net sales forecast citing weak demand for even discounted upscale apparel and accessories. what is sparking deal hungry consumers to become even more discerning? could be the real jobs picture we just got. the bureau of labor statistics today dropped this. it turns out that from april of last year, to march of this year, the economy actually added 818,000 fewer jobs than first reported. biggest revision to jobs data in 15 years. listen. a cooling jobs market was what the federal reserve said it wanted in order to bring down demand and subsequently inflation, and clearly, they're getting that. how long will the markets holdup if job creation slows even more than what we just finally got the real story on? let's get to the floor show. northwest earn mutual cio brett shute has 300 billion in assets under management and he's here with trader kenny polcari. do you see any sec
it's not good for jd.com shares are down 5%. look at macy's though. this contrast speaks volumes. price cuts that helped target are crushing macy's shares down 11% because the department store chain cut its annual net sales forecast citing weak demand for even discounted upscale apparel and accessories. what is sparking deal hungry consumers to become even more discerning? could be the real jobs picture we just got. the bureau of labor statistics today dropped this. it turns out that from april...
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Aug 12, 2024
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tencent, alibaba and jd.com. first let's check in on markets. avril hong is in singapore. avril: japan rising for a second session. japan markets are closed today. quiet read for markets. >> avril is staying with us this hour. a securities board chief and her husband made investments backed by adani and sans j -- pierre sanja joins us now. strongly rejecting allegations, what are they saying? pierre: on saturday when hindenburg alleged indian capital market regulator had a conflict of interest they have hence been compromised. the conglomerate clearly said no commercial relation and clearly mentioned meme disclosures and hindenburg is manipulating a certain data and there is no clear-cut. paul: is this going to be off to court? pierre: it has taken a fresh twist. india's leader of the opposition party -- in the case of indian cricket, betting has been compromised so this is predominant, it has become a political game and hindenburg put out a tweet saying are we expecting a fair conclusion of the work? out of 24 cases they have concluded 23 was spending. we are expecting mo
tencent, alibaba and jd.com. first let's check in on markets. avril hong is in singapore. avril: japan rising for a second session. japan markets are closed today. quiet read for markets. >> avril is staying with us this hour. a securities board chief and her husband made investments backed by adani and sans j -- pierre sanja joins us now. strongly rejecting allegations, what are they saying? pierre: on saturday when hindenburg alleged indian capital market regulator had a conflict of...
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Aug 16, 2024
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jd.com shares surging in hong kong as profit beats expectations. alibaba also gaining despite revenue missing estimates on weakness in core e-commerce. plus, the indonesian president about to give his final state of the nation addressed ahead of a budget that could push the deficit close to its official limit. let's check in on how markets are faring. avril hong is in singapore. avril: i think markets have that friday feeling, don't take? japanese equities doing really well today, and of course, this is coming against a backdrop of what we saw on wall street overnight. at the data that pointed to a soft landing, jobless claims falling for a second week to the lowest level since early july, easing concerns about labor market deterioration. then, of course, we got the retail sales number. that accelerated in the u.s. as well, by the most since early last year, so all pointing to this resilient consumer. you mentioned a short while ago how treasuries slumped overnight. traders paired expectations of aggressive fed easing, but take a look at how earlie
jd.com shares surging in hong kong as profit beats expectations. alibaba also gaining despite revenue missing estimates on weakness in core e-commerce. plus, the indonesian president about to give his final state of the nation addressed ahead of a budget that could push the deficit close to its official limit. let's check in on how markets are faring. avril hong is in singapore. avril: i think markets have that friday feeling, don't take? japanese equities doing really well today, and of...
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jd.com with a 5.19% stake. reuters reports the sales were sold in a price range near 25.85 per share. >>> and texas instruments is gaining ground, citi upgraded the stock, says it bottoms the margins have bottomed and a rebound could result in significant earnings growth, those shares up some 3%. pippa, thank you. >>> we're just getting started, up next navigating the tech trade. it looks like some up side would be on the haydn. at least that's what emj's eric jackson is betting on. he'll tell us the one name he sold, but is considering buying again. this just after the break. you're watching "closing bell" on cnbc. okay, team! oh, thank you so much i couldn't have done it without you. honestly, i don't do a whole lot here. i'm really just here for the at&t internet, it's super-fast so, any pre-launch concerns? what if nobody buys them? that's mean or, what if everybody buys them? oh, i hadn't thought of that that's probably not gonna happen can we handle that kind of traffic? the network can handle it! i downl
jd.com with a 5.19% stake. reuters reports the sales were sold in a price range near 25.85 per share. >>> and texas instruments is gaining ground, citi upgraded the stock, says it bottoms the margins have bottomed and a rebound could result in significant earnings growth, those shares up some 3%. pippa, thank you. >>> we're just getting started, up next navigating the tech trade. it looks like some up side would be on the haydn. at least that's what emj's eric jackson is...
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bringing down shares of alibaba and jd.com. you can see alibaba down your hair can grow 590 miles over your lifetime. it's in your nature to grow. nature's bounty helps you grow thicker fuller hair with just one capsule a day. you are bountiful, it's in your nature. what is cirkul? cirkul is what you hope for when life tosses lemons your way. cirkul is your frosted treat with a sweet kick of confidence. cirkul is the effortless energy that gets you in the zone. cirkul, available at walmart and drinkcirkul.com. ♪♪ [inner monologue] in this gig... you get comfortable being uncomfortable. ♪♪ the enemy is always adapting... deepfake: hey handsome. ♪♪ [inner monologue] ...always iterating. ♪♪ >>> welcome back to "worldwide exchange." time now for your big money movers that's three stock stories of the morning. starting with shares of tesla trying to bounce back after falling more than 3% yesterday on a decision in canada to impose 100% tariffs on imports. so most experts believe the tariffs is only a minor headache for the company.
bringing down shares of alibaba and jd.com. you can see alibaba down your hair can grow 590 miles over your lifetime. it's in your nature to grow. nature's bounty helps you grow thicker fuller hair with just one capsule a day. you are bountiful, it's in your nature. what is cirkul? cirkul is what you hope for when life tosses lemons your way. cirkul is your frosted treat with a sweet kick of confidence. cirkul is the effortless energy that gets you in the zone. cirkul, available at walmart and...
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. >> i'll go there, and then i want to get to jd.com and walmart. you bought the company?g to you guys yesterday, on par moamount, they're going extend the period here. why wouldn't you? is it really going to lead to a higher offer, this offer we talked about from yesterday? it doesn't appear that that is likely. >> i was joking that braunfman comes in. >> there may be an opportunity. maybe they're trying to craft more financing, but again, that's what i come back. you've got one offer that say, hey, we'll give you a significant premium. you've got another that doesn't do that at all at this point. will they be able to put something together that does, in some way, do that? perhaps. but their argument was, you're better off not doing or taking that premium. i think many investors will be happy to actually sell some of their shares for cash, have a company that is obviously controlled by redbird and skydance, and larry ellison and go from there. and of course, if you really believe in it, you don't have to take the cash. you can actually just opt for shares and stay in full
. >> i'll go there, and then i want to get to jd.com and walmart. you bought the company?g to you guys yesterday, on par moamount, they're going extend the period here. why wouldn't you? is it really going to lead to a higher offer, this offer we talked about from yesterday? it doesn't appear that that is likely. >> i was joking that braunfman comes in. >> there may be an opportunity. maybe they're trying to craft more financing, but again, that's what i come back. you've got...
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Aug 16, 2024
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. >> and jd.com beats the second quarter profit estimate as it benefitted from consumers trading downhe company would continue to for our a low price strategy. >>> up next on the program, cease-fire talks continuing in qatar as negotiators look to calm the risk of the wider conflict. coming up, i'll discuss the issues in the region with karnit flug, the former governor of the bank of israel. that's next. what is cirkul? cirkul is the fuel you need to take flight. cirkul is your frosted treat with a sweet kick of confidence. cirkul is the energy that gets you to the next level. cirkul is what you hope for when life tosses lemons your way. cirkul is your gateway back home. so what is cirkul? it's your water, your way. cirkul, available at walmart and drinkcirkul.com. do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. call coventry direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. our friend sold their policy
. >> and jd.com beats the second quarter profit estimate as it benefitted from consumers trading downhe company would continue to for our a low price strategy. >>> up next on the program, cease-fire talks continuing in qatar as negotiators look to calm the risk of the wider conflict. coming up, i'll discuss the issues in the region with karnit flug, the former governor of the bank of israel. that's next. what is cirkul? cirkul is the fuel you need to take flight. cirkul is your...
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Aug 15, 2024
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we will get earnings from walmart, alibaba, jd.com, deere and others we will have fed presidential bettery let's bring in jay with more this market has been a big bounce from the lows ws we saw s monday >> thanks, dom we actually have been very, very bullish this year. we started out with a 5,000 target and now with a 6,000 target we think during the august period, investors tend to overreact. for instance, the jobs report last week, we had an increase in unemployment which was all due to weather we think the combination of the seasonality and the yen trade going away and everybody overreacted. we are not surprised we are bouncing back. we think once we get through the election, we will have a fourth quarter rally. it makes sense to dive in. 5,000 is a good place to enter. >> how much do you pay attention to positioning the overreaction might have been measured if it not for people placing bets, speaking of the yen carry trade, which causes a cascading type effect. what do you look at to make sure that things played out or can be more constructive to the upside? >> well, actually, the vix
we will get earnings from walmart, alibaba, jd.com, deere and others we will have fed presidential bettery let's bring in jay with more this market has been a big bounce from the lows ws we saw s monday >> thanks, dom we actually have been very, very bullish this year. we started out with a 5,000 target and now with a 6,000 target we think during the august period, investors tend to overreact. for instance, the jobs report last week, we had an increase in unemployment which was all due to...
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Aug 28, 2024
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. >>> and shares of jd.com climbing in hong kong. they're up 1.7%. online retailer unveiled a $5 billion buyback. it's the second for the company this year, and that move comes just days after walmart revealed it is selling its stake in jd, which reportedly is worth 3.7 bil billion. that sent shares tumbling. >>> ahead, the one word every investor needs to know today, plus the key number to watch in a flurry of earnings due today including crowdstrike. this is the first report we've seen since that ssmaive global i.t. outage. a lot of questions about the repercussions. we'll be right back. 's bounty hw thicker fuller hair with just one capsule a day. you are bountiful, it's in your nature. >>> welcome back. we're set to get a number of big earnings reports outside of nvidia today. that includes crowdstrike with its first results since last month's global i.t. outage including affirm, salesforce, and abercrombie & fitch. we start with kate rooney and a closer look at affirm. >> so the number one thing to watch for affirm in terms of earnings after the
. >>> and shares of jd.com climbing in hong kong. they're up 1.7%. online retailer unveiled a $5 billion buyback. it's the second for the company this year, and that move comes just days after walmart revealed it is selling its stake in jd, which reportedly is worth 3.7 bil billion. that sent shares tumbling. >>> ahead, the one word every investor needs to know today, plus the key number to watch in a flurry of earnings due today including crowdstrike. this is the first report...
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Aug 30, 2024
08/24
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jd.com up on that report. here's a name you might not be familiar with but it is up 17%.he company raised its profit and revenue forecasts. used primarily by software developers, possibly another beneficiary, and tech continues to see tailwinds, retailers beginning to show correct. all the beauty dipping by 4% after the company did the opposite. they cut annual sales and profit forecasts and reportable 12% drop in earnings in the second quarter. investors can't seem to make up their mind about lululemon's latest report. the stock is between gains and losses, close to 4% right now after the leisure apparel maker missed on sales and guidance. lululemon's ceo blamed lack of newness for soft women's apparel and jeffrey's analyst said lululemon's brand and financial performance have peaked. going back and forth. with mortgage rates slowly coming down, will fall break the housing market logjam? our dynamic duo real estate agents are here to tell us what they see. later, we go inside the fed with james bullard, on the table in september. we are keeping eyes on the dow basically
jd.com up on that report. here's a name you might not be familiar with but it is up 17%.he company raised its profit and revenue forecasts. used primarily by software developers, possibly another beneficiary, and tech continues to see tailwinds, retailers beginning to show correct. all the beauty dipping by 4% after the company did the opposite. they cut annual sales and profit forecasts and reportable 12% drop in earnings in the second quarter. investors can't seem to make up their mind about...
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Aug 27, 2024
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. >>> here is a look at other chinese e-commerce names, with allie baub awe down and jd.com losing. >g on, pavel durov, ceo of telegram was arrested. the move prompted outrage by some and speculation by many as details are thin on the ground. first, in a statement released monday the paris prosecutor said durov can be held until wednesday as part of a broader investigation into an unnamed person on charges of complicity from crimes from organized fraud to distributing child pornography. telegram said it is absurd to claim a platform or its owner are responsible for abuse of the platform. x owner elon musk and whistleblower snowden criticized the decision. also, it was alleged this morning that washington stands behind durov's arrest after a french paper shared a photo reportedly from a russian military photo with a missile 'em blazoned with for durov. emmanuel took to x to call out false information concerning the arrest saying it is up to the judiciary and independents to enforce the law. a postdoctoral researcher at the university of zurich told cnbc the arrest is unprecedented. >>
. >>> here is a look at other chinese e-commerce names, with allie baub awe down and jd.com losing. >g on, pavel durov, ceo of telegram was arrested. the move prompted outrage by some and speculation by many as details are thin on the ground. first, in a statement released monday the paris prosecutor said durov can be held until wednesday as part of a broader investigation into an unnamed person on charges of complicity from crimes from organized fraud to distributing child...
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Aug 15, 2024
08/24
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jd.com flying higher, the e-commerce and digital story in china stronger with them. ride-hailing in the southeast asia market seems to be a lot of competition impacting jd. we will go over that. there is all of the interest in who is buying or not buying, not holding, selling, or reducing their stake in tech globally. caroline: that is such an interesting part of the story, and we are going to delve into it. you have got george soros and stanley drucker, both investor firms -- they managed to trim holdings in the magnificent seven before the major downturn in tech names in july. pretty impressive. let's bring in helen palmer, who is joining us on the daily at the moment. it does feel like they managed to call this a little bit. tell us about the names. >> we care about these titans of the industry, millionaire investors. they sold some of their stake. george soros sold some of his stake in alphabet and amazon, so some prescient moves. stanley druckenmiller sold off his exposure to nvidia. also quite interesting. a former hedge fund manager cut some of his stake in am
jd.com flying higher, the e-commerce and digital story in china stronger with them. ride-hailing in the southeast asia market seems to be a lot of competition impacting jd. we will go over that. there is all of the interest in who is buying or not buying, not holding, selling, or reducing their stake in tech globally. caroline: that is such an interesting part of the story, and we are going to delve into it. you have got george soros and stanley drucker, both investor firms -- they managed to...
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Aug 12, 2024
08/24
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there is walmart and alibaba and jd.com. prime minister narendra modi will give his first speech of his third term, having to share some of that power after a less successful election outcome that many of his team would have hoped. that is on friday. we get university of michigan august consumer sentiment and u.s. housing starts, details on friday. narendra modi's speech thursday, details on the survey on friday. former treasury secretary larry summers says an emergency rate cut from the fed would be unwarranted. he spoke on bloomberg television's "wall street week" with david westin after a week of market volatility. larry: on current facts, given that there has been some recovery, given the volatility has come way down, we are not out of the woods. the fed certainly needs to be watching carefully. but i think an emergency response would be lurching, panicked, overheated, and counterproductive on current facts. which does not mean the fed should not be watching very closely before they have another decision to make. there w
there is walmart and alibaba and jd.com. prime minister narendra modi will give his first speech of his third term, having to share some of that power after a less successful election outcome that many of his team would have hoped. that is on friday. we get university of michigan august consumer sentiment and u.s. housing starts, details on friday. narendra modi's speech thursday, details on the survey on friday. former treasury secretary larry summers says an emergency rate cut from the fed...
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Aug 21, 2024
08/24
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. >> jd is down almost 8%, they are de- risking, jd.com is a cut and ten chinese company and walmartholder with more than 5% stake, the sale was worth $3.7 billion they want to focus on their own operations in china and they have a sam's club and they can control cost, they can try to grow, china's economy is bad but still walmart was able to pull off a 17% increase in its sales in the last quarter but now they're going solo and getting out of this investment. stuart: "after the bell" we have more earnings i believe zoom is up, what are we looking for. >> and looking at the stock at 59, and october of 2020 when i was sitting at home and you were at home to in the pandemic darling was $560, four years ago 560 - 59, the company is certainly not dead their webinar host a million people and they report later profits will fall around 9% but revenue will grow to $1.1 billion and they continue to face the competition from microsoft and teams and google and their a.i. investments, zoom is still doing okay. stuart: how about snowflake. >> cloud-based data platform based in montana, the stocks
. >> jd is down almost 8%, they are de- risking, jd.com is a cut and ten chinese company and walmartholder with more than 5% stake, the sale was worth $3.7 billion they want to focus on their own operations in china and they have a sam's club and they can control cost, they can try to grow, china's economy is bad but still walmart was able to pull off a 17% increase in its sales in the last quarter but now they're going solo and getting out of this investment. stuart: "after the...
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Aug 24, 2024
08/24
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it's mobile banking at its best open an account and go to bank jd.com. >> ever worry that you're drinking much? take back control with your health or health provides to medication proven to make it easier to drink less or to quit drinking altogether. qualify for treatment today we're health.com. >> hello, i'm former arkansas governor mike huckabee. what a times you can't control the amount of sleep that you're getting. i know it's scary unless you use relaxium. relaxium. sleep is a product that's made from natural ingredients and it usually works from the very first night. you try it. relaxium sleep is studied, tested and designed by a neurologist to help you asleep faster, stay asleep longer and wake up refreshed. >> relaxium sleep worked. from the very first night i took, i had more focus and mental clarity than i've had in years. >> i wake up feeling alert and like i've had the best night's sleep. >> stop being and start sleeping your fears away with relaxium sleep, your body and your mind. well, thank you. take relaxium sleep. it'll work out. >> promise you it'll work. mike huckabee i
it's mobile banking at its best open an account and go to bank jd.com. >> ever worry that you're drinking much? take back control with your health or health provides to medication proven to make it easier to drink less or to quit drinking altogether. qualify for treatment today we're health.com. >> hello, i'm former arkansas governor mike huckabee. what a times you can't control the amount of sleep that you're getting. i know it's scary unless you use relaxium. relaxium. sleep is a...
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Aug 16, 2024
08/24
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and jd.com doubling its second quarter profit. earning soared 74% year over year. cuts and beijing's recent push to get citizens to trade in old home appliances for new ones seems to be paying off. >> seema modi, thanks. >>> still ahead, pharma giant still ahead after the trial setback. we'll break that down after this. ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. ♪♪ go deeper with thinkorswim: our award-wining trading platforms ♪♪ unlock support from the schwab trade desk— our team of passionate traders who live and breathe trading. ♪♪ and sharpen your skills with an immersive online education crafted just for traders. ♪♪ all so you can trade brilliantly. ♪♪ >>> up next, big week for the chip trade. we're going to tell you why. and don't miss "taking stock" with mike santoli. he's going to talk brewing skepticism around the a.i. trade. ll've got top strategists as we. before that, he will join us in the market zone next. hi, i'm jason and i've lost 202 pounds on golo. so the first time i ever seen a golo adve
and jd.com doubling its second quarter profit. earning soared 74% year over year. cuts and beijing's recent push to get citizens to trade in old home appliances for new ones seems to be paying off. >> seema modi, thanks. >>> still ahead, pharma giant still ahead after the trial setback. we'll break that down after this. ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. ♪♪ go deeper with thinkorswim: our award-wining trading...
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Aug 27, 2024
08/24
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stuart: jd.com, they've announced a $5 billion stock the buyback.ve in september. it allows the chinese e-commerce giant to buy back its stock over the next three years. i think the message from the market, from china e-commerce there, their consumer's so weak right now. it's what we heard a from the temu owner yesterday. pin if duo duo said business is bad. shares declined so much that they wiped $55 billion in one day from their market cap. it's cutthroat competition in china. their housing prices are down, prices are down. their consumer's in bad shape, and they're the world's largest hexer -- e-commerce market. stuart: i think that's one of the great uncovered stories. lauren: we don't talk about it much. stuart: we should. we're now six minutes in, 66 points down for the dow. 41,174. dow winners, give me that list, please. top of the list is american express. coca-cola, travel legger, chevron -- travelers. and the s&p 500, list of winners is headed by insulet, don't know it. resmed, eli lilly is on the list, 958 for lilly. nasdaq, am a md, siri
stuart: jd.com, they've announced a $5 billion stock the buyback.ve in september. it allows the chinese e-commerce giant to buy back its stock over the next three years. i think the message from the market, from china e-commerce there, their consumer's so weak right now. it's what we heard a from the temu owner yesterday. pin if duo duo said business is bad. shares declined so much that they wiped $55 billion in one day from their market cap. it's cutthroat competition in china. their housing...
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Aug 26, 2024
08/24
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gloomy forecast, taking down a number of chinese e-commerce stocks, ali baba, jd.com. tim, is this a confirmation of what we already knew? >> i think we know that the chinese economy, but the chinese consumer is under a lot of pressure here. i think higher interest rates have had their impact in china. i look at the chinese internet names and i think one, you're not really buying them on their earnings dynamics, you're buying them as much on macro policy, and their ability to actually just do their job and be left alone by the government. so, i actually think this is a buying opportunity, at least for some of the others. and to me, that would be tencent, that would be alibaba. the price action we've seen over the last, call it even six months, has been constructive in a very volatile trading range. pdd is a little different. this guide is worrisome. and i just think that ultimately, if you're trading chinese internet stocks based upon the macro, i think you are probably missing the story. >> if chinese consumers are slowing down, if chinese stocks are having some crack
gloomy forecast, taking down a number of chinese e-commerce stocks, ali baba, jd.com. tim, is this a confirmation of what we already knew? >> i think we know that the chinese economy, but the chinese consumer is under a lot of pressure here. i think higher interest rates have had their impact in china. i look at the chinese internet names and i think one, you're not really buying them on their earnings dynamics, you're buying them as much on macro policy, and their ability to actually...
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Aug 1, 2024
08/24
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started at andrew jd.com. >> did you know sling has your favorite news programs for just $40 a month just $40 a month my favorite news for just $40 a month, faulty dollars a month favored news for just $40 a month $40 get your favorite news, or $40 a month. sling lets you do that find a great deal for your ideal that opened your vargo typing where you want to go, select your check-in and check-out dates search, compare prices for the same hotel and save up to $30 a night hotel. trivago. >> this is the easiest nontoxic swapped you'll ever make movement to paste with made by dentists designed to break up and removed in the mouth a little deep, clean your teeth, waiting near kyiv without any sensitivity, find illumina toothpaste at a walmart and target, we just signed the lease on our third shop my assistant went to customers.com to get new uniforms with all the locations he felt great products, uploaded new art, and had boxes sent to all the shops. customer makes it so easy. get started today, accustoming.com close captioning brought to you by mesobook.com if you or a, loved one have m
started at andrew jd.com. >> did you know sling has your favorite news programs for just $40 a month just $40 a month my favorite news for just $40 a month, faulty dollars a month favored news for just $40 a month $40 get your favorite news, or $40 a month. sling lets you do that find a great deal for your ideal that opened your vargo typing where you want to go, select your check-in and check-out dates search, compare prices for the same hotel and save up to $30 a night hotel. trivago....
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Aug 24, 2024
08/24
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. >> open an account, a go to bank jd.com.r retirement, but i wish we had more cash. >> you think those two have any idea that they can sell their life insurance policy for cash so they're basically sittineveryoneg a gold mine? >> i don't think they have a clue. that's crazy. wellm policies. i, everyone knos help thousands of people sell their policies for al cash, even term policies. >> i can't believe they're just sitting up there sitting n sell on this cash. >> if you own a life insurance policy of $100,000 or more, you can sell all or part of it ctell to coventry, even a term policy for cash or a combination of casing on ah and coverage wio future premiums. >> someone needs to tell them they're sitting on a goldmine and you have no idea. hey, guyn't hears you're sittina goldmine. >> do you share that? direc >> i don't heat r anything anymore. find out if you're sitting on a goldmine. call coventry direct today at 878 6200 or visit coventry direct. >> get them. okay. he's been okay. >> when i saw that ethan was not breathin
. >> open an account, a go to bank jd.com.r retirement, but i wish we had more cash. >> you think those two have any idea that they can sell their life insurance policy for cash so they're basically sittineveryoneg a gold mine? >> i don't think they have a clue. that's crazy. wellm policies. i, everyone knos help thousands of people sell their policies for al cash, even term policies. >> i can't believe they're just sitting up there sitting n sell on this cash. >>...
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Aug 8, 2024
08/24
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yet started at jd jd.com or wish my tv provider let you choose what i pay for. >> sling lets you do that i wish my tv provider let me choose what i pay for let me pause lots of scripture when i walk flying, what do you do that respond tv provider, let me choose what i pay for and let me pause. >> was a front-runner went i want to have hundreds of free channels choosing, customize your channel lineup. will watch for free sling, let you do that. >> america's hospitals go the extra mile to provide quality health care to our patients. >> we are committed to putting our patients and their families first providing health care and your family contrast, we're here for the communities we serve 24/7. no one is turned away or denied the critical care. they need america's hospitals and health systems our here for you every hour every day, for everyone, learn more about our commitment to patients. >> like you a heart-attack. >> do they have life insurance? >> no. but we have life insurance john, i'm trying to find something we can afford fortunately, it only a few minutes. >> select quote found john
yet started at jd jd.com or wish my tv provider let you choose what i pay for. >> sling lets you do that i wish my tv provider let me choose what i pay for let me pause lots of scripture when i walk flying, what do you do that respond tv provider, let me choose what i pay for and let me pause. >> was a front-runner went i want to have hundreds of free channels choosing, customize your channel lineup. will watch for free sling, let you do that. >> america's hospitals go the...
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Aug 1, 2024
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healthier if you have seasonal allergies divulge can help available at major retailers are online at nevada jd.com, the only godaddy arrow helps you get your business online and minutes with the power of ai, with the perfect name, great level and abuse i feel website to start with the domain, a few clicks and you're in business make now the future at godaddy.com slash arrow was that troubling? >> because he wait and keeping same, discover the power of week-old what we gobi i lost 35 pounds as some lost over 46 pounds? we go and i'm keeping the weight off. >> we go via help you lose weight and keep it off i'm reducing my risk. we go v is the only fda for weight management medicine that's proven to reduce risk of major cardiovascular events and adults with no work disease and with either obesity or overweight, we go v shouldn't be used for semaglutide or glp-1 medicines. don't take wegovy if you or your family had medullary thyroid cancer, multiple the pin neoplasia syndrome type-2 for allergic to it stopped. we go and get medical help right away. if you get a lump or swelling in your neck, severe s
healthier if you have seasonal allergies divulge can help available at major retailers are online at nevada jd.com, the only godaddy arrow helps you get your business online and minutes with the power of ai, with the perfect name, great level and abuse i feel website to start with the domain, a few clicks and you're in business make now the future at godaddy.com slash arrow was that troubling? >> because he wait and keeping same, discover the power of week-old what we gobi i lost 35...
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Aug 22, 2024
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. >> open an account and go to bank jd.com at jones.we know one thing and one thing only backs strange from weekend chores tip pulled backs doing your favorite hobbies. we even know quarterbacks don't the experts in back pain relief for more than 100 years available at a store near you. >> donald trump on "fox and friends" from previewing kamala harris' previewing kamala harris' acceptance speech to the nex (♪♪) behind every splenda product is a mission. helping millions of people reduce sugar from their diets. now try a sweetener grown by u.s. farmers. introducing zero-calorie splenda stevia. at splenda stevia farms, our plants are sweetened by sunshine. experience how great splenda stevia can be. grown on our farm, enjoyed at your table. (♪♪) turn the channel to my moms .com to find out how see how much you can this labor day weekend when you dare to compare at a bob's there you it it's still wednesday here in l.a. but in chicago it's thursday the day on which kamala harris will officially accept her party's nomination to be president
. >> open an account and go to bank jd.com at jones.we know one thing and one thing only backs strange from weekend chores tip pulled backs doing your favorite hobbies. we even know quarterbacks don't the experts in back pain relief for more than 100 years available at a store near you. >> donald trump on "fox and friends" from previewing kamala harris' previewing kamala harris' acceptance speech to the nex (♪♪) behind every splenda product is a mission. helping...
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Aug 21, 2024
08/24
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. >> walmart made $3.6 billion this week by selling its stake in jd.com incorporated. walmart divested from the company as it builds its own stronger e-commerce delivery system in china. bloomberg reports walmart sold 145 million shares, breaking up an eight year partnership that appears to be paying diminishing returns. sale of that chinese company comes amid market volatility and uncertain job prospects in chin. >> a privacy lawsuit against google has reopened. a class action lawsuit by users was dismissed. it claimed google collected private data without permission, even after users chose not to sync with google chrome. according to reuters, the ninth circuit court of appeals said the court should have looked at whether users understood that they were agreeing to data collection. google has said it's confident the facts of the case are on their side. >> 517 your time it's wednesday. let's check in with steve. get your forecast. yesterday was gorgeous. >> you liked it. the warmer. oh, yeah. person sitting next to you thought it was a little too warm. a little too war
. >> walmart made $3.6 billion this week by selling its stake in jd.com incorporated. walmart divested from the company as it builds its own stronger e-commerce delivery system in china. bloomberg reports walmart sold 145 million shares, breaking up an eight year partnership that appears to be paying diminishing returns. sale of that chinese company comes amid market volatility and uncertain job prospects in chin. >> a privacy lawsuit against google has reopened. a class action...
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Aug 15, 2024
08/24
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that stock up a little over 2% and jd.com rising. profits above estimates.sive price cut why in platform look at the assortment of names talked about umtlta, apple, nike in common? favored by some of the biggest investors in the world last quarter. new 13f filings, and -- also small position, looks like hedge fund manager big ackman buyiing nike when did he buy? you made the point before the fall or right at the -- >> end of second quarter. >> as the nike was funded? we don't know. and dan lowe building a stake in apple. taking the opposite tact that warren buffett was taking. >> true. indeed. >>> coming up, the white house out this morning with the first results of medicare's negotiation on the price of key medications. we'll ask those details after the break and speak with the administrator of medicare and medicaid services. stay tuned "squawk box" will be right back. >>> we have news out from the white house. result of the first medicare drug price negotiation bertha coombs is here with a look how drug price plans will change next year for beneficiaries a
that stock up a little over 2% and jd.com rising. profits above estimates.sive price cut why in platform look at the assortment of names talked about umtlta, apple, nike in common? favored by some of the biggest investors in the world last quarter. new 13f filings, and -- also small position, looks like hedge fund manager big ackman buyiing nike when did he buy? you made the point before the fall or right at the -- >> end of second quarter. >> as the nike was funded? we don't know....
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Aug 21, 2024
08/24
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walmart, 3.6 billion dollars by selling their stake in jd.com, winding down their partnership. expanding their own e-commerce delivery system in china. they were whacked in the premarket, down by 7.6%. lisa, we are seeing a series of companies making interesting moves around this story in china and i wonder how connected even apple producing their certain iphone in india is connected to all of this de-risking, pulling back around the story in china. lisa: you and i basically read the news the same way. wait, is this connected with apple increasing production in india? you can see it going on with what's getting out of some of their stake in walmart and china with lvmh coming out to say they are cutting staff at sephora in china. two issues, is this a weaker consumer in china? or that u.s. companies are losing less of a competitive edge in china as tensions continue to percolate between u.s. in the world's second-biggest economy. this is what we are watching. how much are we seeing and how much are we not seeing? is it political or business malpractice to say this out loud befor
walmart, 3.6 billion dollars by selling their stake in jd.com, winding down their partnership. expanding their own e-commerce delivery system in china. they were whacked in the premarket, down by 7.6%. lisa, we are seeing a series of companies making interesting moves around this story in china and i wonder how connected even apple producing their certain iphone in india is connected to all of this de-risking, pulling back around the story in china. lisa: you and i basically read the news the...