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Alex Harring - 3 Sarah Min - 3 FactSet - 2 Jefferies - 2 Alibaba - 2 Bilibili – - 1 Rithm - 1 Hewlett Packard - 1
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Search resuls for: "Alibaba –"


7 mentions found


☆ Stocks making the biggest moves premarket: KB Home, Hewlett Packard Enterprises, General Motors and more
  + stars: | 2024-09-25 | by ( Sean Conlon | ) www.cnbc.com   time to read: +2 min
Rithm Capital – The real estate investing stock more than 4% after announcing a secondary offering of 30 million shares. Hewlett Packard Enterprise – The technology stock added almost 3% on the back of a Barclays upgrade to overweight from equal weight. General Motors , Ford Motor – The auto stocks fell following downgrades from Morgan Stanley's Adam Jonas due to rising China competition and a weakening U.S. consumer. The analyst downgraded Ford Motor to equal weight from overweight, while General Motors was lowered to underweight from equal weight. Shares of General Motors and Ford fell roughly 3% and 2%, respectively.
Persons: FactSet, Bilibili –, Rithm, Hewlett Packard, Morgan Stanley's Adam Jonas, —, Alex Harring, Sarah Min, Lisa Kailai Han Organizations: JPMorgan, Hewlett Packard Enterprise, Barclays, Hewlett, Worthington Enterprises, General Motors, Ford, Ford Motor, General Locations: China's, U.S, China
☆ Stocks making the biggest moves premarket: Darden Restaurants, Nvidia, DoorDash, Coursera and more
  + stars: | 2024-09-19 | by ( Pia Singh | In | ) www.cnbc.com   time to read: +3 min
Darden Restaurants — Shares advanced nearly 11% after the restaurant operator announced a multiyear partnership with Uber for on-demand delivery later this year. The company reported weaker-than-expected quarterly earnings and revenue, however, as its sales weakened at Olive Garden and its fine dining restaurants. DoorDash — The food delivery stock rose more than 3% after an upgrade to buy from neutral at BTIG. Alibaba – Shares rose more than 4% after the Chinese e-commerce company launched more than 100 open-source artificial intelligence models and a text-to-video tool. FedEx — Shares rose more than 1% ahead of the shipping giant's first-quarter earnings report due after the bell.
Persons: Uber, Jefferies, chipmakers, FactSet, Alibaba, Max, Stocks, bitcoin, — CNBC's Sean Conlon, Alex Harring, Samantha Subin, Jesse Pound, Brian Evans, Sarah Min, Michelle Fox Theobald Organizations: Darden, Olive, NextEra Energy, Nvidia, Arm Holdings, Micron, Micron Technology, FedEx —
☆ Stocks making the biggest moves midday: United Airlines, TKO Group, 3M, Alibaba and more
  + stars: | 2024-01-23 | by ( Samantha Subin | ) www.cnbc.com   time to read: +5 min
United Airlines – The airline stock popped nearly 5% a day after the company reported higher-than-expected earnings and revenue for the fourth quarter. TKO Group – Shares of TKO Group Holdings rallied 15.8% after announcing a deal to air its WWE flagship program known as "Raw" on Netflix next year. Revenue topped expectations, but earnings fell 6 cents short of analysts' expectations, per LSEG. Verizon posted $1.08 in adjusted earnings per share on $35.13 billion in revenue, while analysts surveyed by LSEG forecasted $1.07 per share in earnings and $34.64 billion of revenue. Procter & Gamble posted mixed results for its fiscal second quarter , topping earnings expectations but falling short on revenue.
Persons: Alibaba, Alibaba's, Truist, Coinbase – Coinbase, Goldman Sachs, Jefferies, Lockheed Martin, Horton –, Halliburton – Halliburton, Johnson – Johnson, Wall, Gamble, RTX, Zions Bancorporation, Yun Li, Sarah Min, Alex Harring Organizations: United Airlines –, Boeing, Max, Group, WWE, Netflix, LSEG, New York Times, Sunnova Energy, Enphase Energy, Federal Reserve, JPMorgan, Reuters, CSI China Internet, General Electric, GE, Teva Pharmaceutical, Teva Pharmaceuticals, Lockheed, Logitech –, Logitech, Barstool Sports, Johnson, Verizon –, Verizon, Procter, FactSet Locations: Alibaba –, China, fundaments
☆ Wall Street loves Alibaba right now. Here's what to expect from the tech giant's earnings
  + stars: | 2023-02-22 | by ( Zavier Ong | ) www.cnbc.com   time to read: +4 min
Since the turn of the year, more and more Wall Street banks have turned bullish on the Chinese tech sector, with Alibaba emerging as a favorite stock. The Chinese tech giant, which spans e-commerce, technology and internet segments, is due to report its earnings for the December quarter on Thursday. The bank has named Alibaba its "top pick" in the Chinese tech sector for the first time in three years. Morgan Stanley has a base-case price target of $150 on Alibaba, and a bull-case price target of $200. "We believe the 2-year long earnings downward revision cycle has likely bottomed," Goldman said, giving Alibaba a price target of $138.
☆ Wall Street is excited about Chinese tech — and loves one mega-cap stock in particular
  + stars: | 2023-01-24 | by ( Zavier Ong | ) www.cnbc.com   time to read: +4 min
A growing number of positive analyst calls has reinforced optimism in the sector, with recent share price gains reflecting renewed interest. How is Wall Street playing the resurgence in Chinese tech? Morgan Stanley too, has named Alibaba its "top pick" in the Chinese tech sector — for the first time in three years. Cohen is reported to have told Alibaba executives that he thought the company could reach double-digit sales growth and nearly 20% free cashflow growth over the coming five years. He said he would "not be surprised" to see Alibaba's share price rise to $140 to $150 — a "significant amount of upside" from current levels.
☆ Morgan Stanley names its top pick in Chinese tech — and gives it over 70% upside
  + stars: | 2023-01-12 | by ( Zavier Ong | ) www.cnbc.com   time to read: +2 min
Several investment banks have become more bullish on China's tech sector in recent weeks — and Morgan Stanley's one of them . The investment bank has named Alibaba its "top pick" in the Chinese tech sector — for the first time in three years. Alibaba is also well placed to benefit from a consumption recovery in China and continued operational efficiency improvement across segments, according to Morgan Stanley. Morgan Stanley sees more upside for Alibaba when it comes to earnings, forecasting earnings before interest, taxes, depreciation and amortization (EBITDA) growth of 18% into 2026. Morgan Stanley has a base case price target of $150 on Alibaba, and an upside to $200 per share in a bull case.
☆ Stocks making the biggest moves midday: Bath & Body Works, Norwegian Cruise Line, Macy's and more
  + stars: | 2022-11-17 | by ( Alex Harring | ) www.cnbc.com   time to read: +2 min
Bath & Body Works – Bath & Body Works' stock surged 24% after reporting per-share earnings that were more than double what analysts had anticipated. The retailer also raised its guidance for full-year per-share earnings. Norwegian Cruise Line – Shares of the cruise stock shed 6% following a double downgrade to an underperform rating from Credit Suisse. Macy's – Shares of Macy's rallied 14% after the department store reported profit and revenue that beat Wall Street's expectations. BJ's Wholesale – Shares dropped 6% despite the company reporting beats on the top and bottom lines and raising its full-year forecast for per-share earnings.
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