i think ali baba has as you mentioned, is i think ali baba has as you mentioned, is dealin- i think ali baba has as you mentioned, is dealin- with i think ali baba has as you mentioned, is dealin- with the mentioned, is dealing with the relatively sluggish economy in china and cautious consumers. it has faced really stiff competition from the tempo owner —— temu. in prioritising its business. it struggled through its reorganizations, we can see to to keep some of those costs under control. tell us a little _ those costs under control. tell us a little bit _ those costs under control. tell us a little bit more _ those costs under control. tell us a little bit more about the new strategies been. what are the upcoming projects for ali baba to get it back on track? before the vice chairman got back as the chairman, reprioritizing its core commerce business, investing all in on al for its cloud business and then in its commerce business really exploring and investing more in its international business. so in terms of major specific initiatives, i would say for investors the thing to watch is

i think ali baba has as you mentioned, is i think ali baba has as you mentioned, is dealin- i think aliin- with the mentioned, is dealing with the relatively sluggish economy in china and cautious consumers. it has faced really stiff competition from the tempo owner —— temu. in prioritising its business. it struggled through its reorganizations, we can see to to keep some of those costs under control. tell us a little _ those costs under control. tell us a little bit _ those costs under control. tell us a little bit more _ those costs under control. tell us a little bit more about the new strategies been. what are the upcoming projects for ali baba to get it back on track? before the vice chairman got back as the chairman, reprioritizing

ali baba has completed what is called a three year rectification process over alleged antitrust issuesbillion over monopolistic behavior, ordered to regulate self-examination to regulators over a multi-year period. jd.com up on that report. here's a name you might not be familiar with but it is up 17%. mongo db rallying after the 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, wi

large language of model suppliers and cloud computing suppliers and cloud computing suppliers like ali babaartphone vendors are collaborating with suppliers in the china marketjust like what they do with 0penai and google in the overseas market. similar business models. the chinese government has issued wide ranging guidelines on achieving what it calls a comprehensive green transformation over the next decade. officials have been told to focus on environmental protection and integrating sustainable development into agriculture, transport and energy. the plans envisage increasing the use of renewable power and electric vehicles, and making transport networks carbon neutral. carbon emissions in china appear on course to decrease in 2024, potentially meaning they've peaked years earlier than promised. there's been huge investment in renewable energy and electric vehicles so much so that some firms are going out of business as demand fails to keep up. turning to the uk now, where the state of the nation's roads is a big issue. potholes causing damage to vehicles is the main concern for the maj

ali baba, the bar is very low.out china macro than what they're going to do in terms of telling the story of asset spinoffs. they have about 40% of the market cap in cash. i think there's a case where their international business is growing 40%. this is a frustrating one, but a choppy trade from the january lows, but sit higher, and that is also a chart that's not terrible. >> sticking with the lower bar. we'll see if walmart can clear the higher one. tim, thank you very much. >>> it's not just retail on deck, we get cisco after the bell today. the ceo chuck robbins will discuss those results tomorrow. >>> still to come, starbucks shares down another 4%. they're getting back 4% today. chipotle is down fractionally as the street digest what's next for the stream. c details after this. you founded your kayak company because you love the ocean- not spreadsheets. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hir

we will hear from cisco and an supplied materials and ali baba and deere.ude the july producer price index or ppi or housing starts and the eu in japan released preliminary data on second quarter gross domestic product. >>> let's see how the week is shaping up. futures are modestly moving right now. the dow implied lower by 13 points. the s&p by 5 points and nasdaq up by 30. joining me now is degas wright of decatur capital. he is a cnbc contributor. degas, the market is set up where many investors, understandably so, are a little bit on edge. take us through whether you are positive or negative. >> good morning, dom. i am positive because last week, 70% of s&p 500 beat estimates by 78%. also, the earnings growth is up some 10.8 which is higher than 2021. this is a positive week because market sentiment is changing to the positive. >> all right. if it is positive right now, what parts are you going back into? it seems a lot of folks are going back into mega cap technology and the a.i. trade. >> well, we're looking for companies that have growing earnings be

the double whammy for the stock it could do it down sharply but the rival ali baba njd.com or lower todaye lost today. check it out together, the big board we show the dow industrial .26 points as we speak, 41300. the dow winners are quite a few, topping the list dow inc., chevron, unitedhealth, caterpillar, the s&p 500 here's a chance to see your stocks. first solar eog resources, devon energy, freeport in the nasdaq composite i don't see any big names, advanced micro warner bros. and. >> energy, no big-name high-tech. coming up bill mayor criticizing cnn host for showing a clear bias towards harris after her dnc speech. >> cnn is the place where both sides can watch. >> they were gushing about how great a speech it would. >> i did not think it was as great as they would make it out to be. harris is not an informal interview and 36 days. joe concha on that. and pox known as monkeypox has been declared global health emergency, could it be the next cove is like pandemic. answers from doctor marc siegel, 60000 people ripping upon sale contracts in july. high prices kamala harris proposed $2

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

ali bin musa al-reza. this is the land of baba balerzat , this is the place where the soil is at the feet of zavare, which comes to the eye of the eye. it is the eighth year that you have welcomed us in this place. we are pilgrims on foot, mr. ali benousreza. these days, khorasani hosts guests who travel on foot. a pilgrim who comes must be satisfied with us, that is, when he leaves here with a happy heart , he prays there. to host the pilgrims of imam rauf. fatemeh rostami sed and sim news agency. increase in the birth of the third, fourth and fifth children of families in the country. the head of the country's demographic research institute said: the studies show that the birth of the third, fourth, fifth and more children in 1402 has increased relatively compared to the previous two years. according to mr. mahmoudi. considering some incentives in the family protection law and the youth of the population has been one of the factors of this increase . the economic deputy of the social security organization said: in the last 40 days, 23 thousand billion tomans have been paid to the contract parties from t