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What's Going On With NIO Stock Tuesday?
October 01, 2024
NIO shares are up 1.05% following strong delivery results for September and the third quarter.
Via
Benzinga
Alibaba Teams Up With Nvidia to Supercharge EVs for Chinese Automakers: Report
September 23, 2024
Alibaba's cloud unit partners with Nvidia to enhance autonomous driving for Chinese smart vehicles. U.S. sanctions on chipmakers impact AI efforts.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
What's Going On With NIO Shares Tuesday?
September 10, 2024
NIO reportedly announces a new partnership with Chery, expanding its extensive EV charging network.
Via
Benzinga
What's Going On With NIO Shares Today?
September 06, 2024
NIO shares are slightly down in premarket trading despite a JPMorgan upgrade, strong Q2 revenue growth, and a new 2024 delivery target.
Via
Benzinga
What's Going On With NIO Shares Wednesday?
September 04, 2024
NIO shares are up in premarket trading on Wednesday, amid a recent 6% gain over the past month and positive developments in its battery swap station network.
Via
Benzinga
What's Going On With NIO Stock Today?
September 03, 2024
NIO is reportedly adjusting its battery swap model and will report Q2 2024 results on Thursday, September 5, 2024, before the open of the U.S. markets.
Via
Benzinga
Alibaba's Taobao Overhaul Boosts Growth: Analyst Expects 6% Quarterly Revenue Spike
August 14, 2024
Bank of America raises Alibaba's outlook, predicts 6% revenue spike due to Taobao overhaul and expected growth in Chinese market. Target price $106.
Via
Benzinga
Restaurant Company Yum China Posts Mixed Q2 Results, Announces CFO Change
August 06, 2024
Yum China Holdings reported 1% revenue increase to $2.68 billion, missing consensus. Total system sales up 4%, digital sales at $2.2B.
Via
Benzinga
What's Happening With Baidu's Shares On Friday?
June 28, 2024
Baidu Inc. shares rise in premarket as the company unveils Ernie 4.0 Turbo, an upgraded AI model aiming to rival OpenAI's GPT-4.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
DouYu's Q1 Performance Falters: CEO Highlights Soft Market Challenges
June 05, 2024
DouYu Holdings reported 29.9% revenue decline in Q1 2024, missing estimates. Livestreaming revenue declined, stock price fell. Mobile MAUs and paying users also decreased. Company faces revenue...
Via
Benzinga
Trip.Com Stock Is Trading Lower Tuesday: What's Going On?
June 04, 2024
Trip.com Group Limited (NASDAQ: TCOM) to offer $1.3 billion in convertible senior notes to repay debt and expand operations, while repurchasing shares.
Via
Benzinga
What's Going On With NIO Stock Wednesday?
May 29, 2024
On Wednesday, NIO shares trade lower premarket, amid 30% loss in six months, and BofA Securities analyst lowering price target to $5.9.
Via
Benzinga
NIO +4% On Tuesday - What's Going On?
May 28, 2024
NIO shares surge in premarket trading after the company achieves a milestone with the delivery of its 200,000th ES6 and announces expansion efforts in Europe.
Via
Benzinga
NIO Down Over 8% On Thursday - What's Going On?
May 23, 2024
NIO shares plummet over 8%. The company's founder eyes European expansion amid concerns over potential EU tariffs on Chinese EVs, impacting broader market sentiment.
Via
Benzinga
Topics
World Trade
Exposures
Tariff
Why NIO Shares Are Gaining Tuesday?
May 21, 2024
Xiaomi CEO Lei Jun explores Nio's Onvo L60, hinting at potential EV collaboration, amid efforts to integrate Xiaomi ecosystem into broader vehicle market.
Via
Benzinga
Alibaba Sparks AI Price War With Massive Discounts: Report
May 21, 2024
Alibaba Group (NYSE:BABA) has drastically cut prices on its AI services by up to 97%, sparking a fierce price war in China's burgeoning AI sector. Competitors Baidu (NASDAQ:BIDU) and ByteDance have...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Alibaba and Douyin Partner In Strategic Move to Dominate China's Midyear Shopping Craze
May 21, 2024
Alibaba's Taobao and Tmall platforms are teaming up with Douyin to attract users for the Chinese shopping festival. AI is also being used to boost e-commerce.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
What's Going On With Chinese Internet Company Sohu Stock After Q1 Print?
May 20, 2024
Sohu.com reported a 14% revenue decline YoY in Q1 2024, with a net loss of $(0.65) per ADS. The company expects a decrease in brand advertising revenue for Q2.
Via
Benzinga
Alibaba Boosts E-Commerce Edge with AI, Despite Shrinking Market Share
May 17, 2024
Alibaba Group uses AI to stay competitive in Chinese e-commerce market. Wenwen chatbot gives personalized recommendations. Net profit up, stock down.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Baidu's Q1 Earnings: Revenue and EPS Beat, CEO Highlights Gen-AI's Role in Transforming Everyday Life
May 16, 2024
Baidu's Q1 2024 revenue growth beat analyst estimates, driven by AI Cloud business. Adjusted earnings per ADS also surpassed expectations.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
JD.com's Q1 Earnings: Revenue And EPS Beat, Adj. EBITDA Growth, CEO Credits Focus on User Experience And More
May 16, 2024
JD.com reported Q1 2024 results, with revenue of $36.02B beating expectations and adjusted net income per ADS of $0.78. Stock gained after results.
Via
Benzinga
Alibaba Stock Dips as Huge Investment Losses In Q4 Overshadow Revenue Growth and Dividend
May 14, 2024
Alibaba Group reported lower stock after Q4 2023 results, with $30.73B revenue and $1.40 EPS. Strong growth in Taobao, Tmall, and Cainiao.
Via
Benzinga
Tech Stocks Inch Higher Ahead Of Key Inflation Data, GameStop Skyrockets, Tencent Fuels China Rally: What's Driving Markets Monday?
May 13, 2024
Wall Street kicked off a data-heavy week on a mixed note as traders await key inflation updates and remarks from Fed Chair Jerome Powell in the coming days.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Why Is Tencent Music Stock Trading Higher on Monday?
May 13, 2024
Tencent Music Group (NYSE: TME) exceeded analyst estimates with a Q1 revenue decline of 3.4%, driven by growth in online music services and higher gross margins.
Via
Benzinga
Alibaba Backs China's AI Startups with Cloud Credits, Eyeing Leadership in Global AI Race
May 13, 2024
Alibaba invests in China's AI start-ups through cloud computing resources, following a similar strategy to Microsoft's OpenAI. Stock price at $80.04.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Alibaba's New AI Model Claims to Beat OpenAI's GPT-4 in Language Skills
May 09, 2024
Alibaba Cloud unveils new large language model Qwen2.5, surpassing OpenAI's GPT-4 in language creation but excelling in other areas.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Chinese Stocks Surge As Investors Bet On Economic Turnaround: 7 ETFs To Watch
May 08, 2024
Chinese stocks have rallied 19% from 2024 lows, fueled by economic recovery & improved private sector activity. Overestimation of recovery is a risk.
Via
Benzinga
Topics
ETFs
Alibaba's To Overhaul Taobao In Strategic Move to Reclaim E-commerce Dominance
May 07, 2024
Alibaba revamps Taobao webpage ahead of China's 618 shopping festival to improve user experience. This is part of a larger effort to attract new users and regain a leading position in the competitive...
Via
Benzinga
Tesla Rival Nio To Roll Out Mass-Market EV Brand In May: Report
May 07, 2024
Nio Inc's expansion strategy gains momentum with the imminent launch of its mass-market EV model, targeting affordability without compromising quality. CEO William Li's confirmation of the Onvo...
Via
Benzinga
Jack Ma Backed Ant Group's Alipay+ Broadens Payment Reach Across Continents: How It's Shaping Global Commerce?
May 06, 2024
Ant Group's Alipay+ aims to unify global mobile payments by connecting users to apps from their home countries through partnerships with local services.
Via
Benzinga
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