Stocks Rally Ahead of Next Week's Fed Meeting, Apple Earnings
at The Street - Fri Oct 23, 3:16PM CDT
The question now is whether the market's feel-good mood will carry over into the coming week, especially with the Federal Reverse's latest policy meeting mid-week.
XOM: 82.98 (+0.09), PYPL: 34.99 (+0.20), INTC: 34.90 (+0.50), YHOO: 33.17 (+1.50), P: 12.39 (-6.80), XLK: 43.83 (+1.19), ABBV: 50.34 (+2.07), GOOGL: 719.33 (+38.19), TMUS: 41.27 (+0.83), TWTR: 30.28 (+1.13), MSFT: 52.87 (+4.84), AAPL: 119.08 (+3.58), GPRO: 29.15 (+0.43), PSX: 83.35 (+0.74), AMZN: 599.03 (+35.12), EXC: 29.86 (-1.15), FB: 102.19 (+2.52), PFE: 34.05 (+0.72), STX: 41.15 (+1.91), VFC: 63.75 (-9.46), BIDU: 157.60 (+4.10), GILD: 107.99 (+0.39), PG: 77.03 (+2.18), CVX: 91.24 (-0.38), CMCSA: 61.98 (+0.28), BABA: 75.62 (+4.63)
Stocks Extend Highs as China Caps Off Week With Rate Cut
at The Street - Fri Oct 23, 1:52PM CDT
The People's Bank of China's effort to address its slowdown boosts U.S. stocks, while Amazon, Microsoft and Alphabet rally on earnings.
YHOO: 33.17 (+1.50), AMZN: 599.03 (+35.12), BIDU: 157.60 (+4.10), P: 12.39 (-6.80), FB: 102.19 (+2.52), VFC: 63.75 (-9.46), XLK: 43.83 (+1.19), PYPL: 34.99 (+0.20), GOOGL: 719.33 (+38.19), PG: 77.03 (+2.18), INTC: 34.90 (+0.50), MSFT: 52.87 (+4.84), AAPL: 119.08 (+3.58), BABA: 75.62 (+4.63)
What's in Store for Alibaba Group's (BABA) Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Fri Oct 23, 12:49PM CDT
Alibaba Group Holding Limited (BABA) is set to report second-quarter fiscal 2016 results on Oct 26.
A: 37.11 (+1.02), FB: 102.19 (+2.52), AAPL: 119.08 (+3.58), BABA: 75.62 (+4.63)
Business events scheduled for the coming week
By The Associated Press - AP - Fri Oct 23, 12:43PM CDT
All times are Eastern.
RAI: 48.89 (+0.01), F: 15.67 (+0.09), QSR.TO: 49.17 (+0.57), ANTX: 47.28 (+0.16), PFE: 34.05 (+0.72), XOM: 82.98 (+0.09), AMGN: 155.75 (+3.44), CMCSK: 62.35 (+0.28), MO: 61.05 (-0.35), AET: 105.89 (+2.53), SBUX: 62.61 (+1.12), ANTM: 140.95 (+1.54), QSR: 37.33 (+0.33), GT: 32.97 (+0.40), WBA: 89.96 (+1.33), GILD: 107.99 (+0.39), MRK: 52.88 (+0.87), CVS: 103.95 (-0.34), TWTR: 30.28 (+1.13), CMCSA: 61.98 (+0.28), AAPL: 119.08 (+3.58), BABA: 75.62 (+4.63)
Here's Why Alibaba (BABA) Stock is Up Over 5% Today
at The Street - Fri Oct 23, 12:35PM CDT
Alibaba (BABA) shares are higher on Friday, boosted by China's central bank announcing an interest rate cut to spur economic growth.
BABA: 75.62 (+4.63)
China Stock Roundup: China Mobile, China Unicom, Huaneng Power Post Improved Net Income; TAL Education Beats Estimates
Swarup Gupta - Zacks Investment Research - Fri Oct 23, 10:41AM CDT
Markers experienced a volatile week, dominated by several important economic releases, including GDP data.
CHU: 12.88 (-0.08), CHA: 53.58 (+0.01), CHL: 61.29 (+0.50), EDU: 25.90 (+0.92), HNP: 49.37 (-0.40), YOKU: 24.61 (-0.04), XRS: 37.02 (+1.22), BABA: 75.62 (+4.63)
Tech Stocks Lead Rally on Microsoft, Amazon Earnings
at The Street - Fri Oct 23, 10:20AM CDT
Stocks jump Friday after shares of tech trio Amazon, Alphabet and Microsoft rally on better-than-expected earnings.
AMZN: 599.03 (+35.12), FB: 102.19 (+2.52), VFC: 63.75 (-9.46), PYPL: 34.99 (+0.20), INTC: 34.90 (+0.50), T: 33.74 (-0.22), YHOO: 33.17 (+1.50), BIDU: 157.60 (+4.10), P: 12.39 (-6.80), XLK: 43.83 (+1.19), AAL: 45.67 (-0.32), GOOGL: 719.33 (+38.19), PG: 77.03 (+2.18), MSFT: 52.87 (+4.84), AAPL: 119.08 (+3.58), BABA: 75.62 (+4.63)
Alibaba Earnings Coming During Challenging Time
at Investor's Business Daily - Fri Oct 23, 7:02AM CDT
During what's been a tough year, Alibaba (BABA) will report quarterly earnings before the market open Tuesday, with expectations of continued double-digit growth. The China e-commerce giant is expected to report revenue of $3.35 billion at current...
AMZN: 599.03 (+35.12), BIDU: 157.60 (+4.10), JD: 27.10 (+0.90), BABA: 75.62 (+4.63)
Youku Tudou engages financial advisor, legal counsel to study going private proposal from Alibaba
M2 - Fri Oct 23, 6:06AM CDT
Youku Tudou Inc. (NYSE: YOKU) said that the independent special committee of the company's board of directors has taken initial action in connection with its review and evaluation of the nonbinding proposal, dated October 16, 2015, from Alibaba Group Holding Limited for a "going-private" transaction in which it would acquire all of the outstanding ordinary shares of the company.
JPM: 63.87 (+0.68), YOKU: 24.61 (-0.04), BABA: 75.62 (+4.63)
Comcast Boosts Baidu's iQiyi As China Video War Rages
at Investor's Business Daily - Thu Oct 22, 3:43PM CDT
Comcast's (CMCSA) Universal Pictures provided Baidu's (BIDU) online video platform iQiyi with more ammunition in its battle against Alibaba (BABA) and Tencent (TCEHY) for streaming supremacy in China. Expanding an existing agreement, Universal signed...
NFLX: 100.04 (+2.72), BIDU: 157.60 (+4.10), YOKU: 24.61 (-0.04), CMCSA: 61.98 (+0.28), BABA: 75.62 (+4.63)
McDonald's Sales Surprise Beefs Up Stock Rally
at The Street - Thu Oct 22, 3:42PM CDT
McDonald's is beginning to right its sinking ship and investors are loving it.
XLB: 45.02 (+0.37), AMZN: 599.03 (+35.12), FB: 102.19 (+2.52), AKS: 2.66 (+0.02), PYPL: 34.99 (+0.20), CTXS: 81.14 (+0.56), T: 33.74 (-0.22), LYB: 94.16 (-0.35), EBAY: 28.16 (+0.58), P: 12.39 (-6.80), BHP: 35.75 (+0.37), TXN: 58.98 (+0.89), XLK: 43.83 (+1.19), MCD: 112.59 (+1.72), GOOGL: 719.33 (+38.19), RIO: 38.29 (+0.33), MSFT: 52.87 (+4.84), DOW: 50.32 (+0.40), AAPL: 119.08 (+3.58), BABA: 75.62 (+4.63)
Stocks Rally as eBay, Texas Instruments Lead Tech Sector
at The Street - Thu Oct 22, 1:12PM CDT
Stocks hover near session highs by mid-afternoon Thursday after better-than-expected earnings from eBay and Texas Instruments boost the tech sector.
MMM: 155.79 (-0.21), XLB: 45.02 (+0.37), AXP: 74.59 (+2.09), FB: 102.19 (+2.52), LLY: 78.31 (+1.33), AKS: 2.66 (+0.02), PYPL: 34.99 (+0.20), INTC: 34.90 (+0.50), CTXS: 81.14 (+0.56), UA: 92.02 (-1.79), LYB: 94.16 (-0.35), EBAY: 28.16 (+0.58), BHP: 35.75 (+0.37), TXN: 58.98 (+0.89), COST: 155.74 (-2.41), MCD: 112.59 (+1.72), XLK: 43.83 (+1.19), GOOGL: 719.33 (+38.19), CAT: 71.75 (+0.87), MSFT: 52.87 (+4.84), RIO: 38.29 (+0.33), AAPL: 119.08 (+3.58), DOW: 50.32 (+0.40), BABA: 75.62 (+4.63)
Youku Tudou Special Committee Engages Financial Advisor and Legal Counsel
PR Newswire - Thu Oct 22, 8:15AM CDT
Youku Tudou Inc. (NYSE: YOKU), a leading multi-screen entertainment and media company in China ("Youku Tudou" or the "Company"
JPM: 63.87 (+0.68), YOKU: 24.61 (-0.04), BABA: 75.62 (+4.63)
Amazon, eBay, Facebook, Yahoo! Driving Online Shopping Trends
at The Street - Thu Oct 22, 5:45AM CDT
Internet search engines are increasingly driving global online shopping trends, according to a new survey conducted by Pitney Bowes.
YHOO: 33.17 (+1.50), AMZN: 599.03 (+35.12), WB: 16.65 (+0.28), BIDU: 157.60 (+4.10), EBAY: 28.16 (+0.58), PBI: 21.22 (+0.24), FB: 102.19 (+2.52), TWTR: 30.28 (+1.13), MSFT: 52.87 (+4.84), GOOG: 702.00 (+50.21), YNDX: 13.22 (+0.36), BABA: 75.62 (+4.63)
Feeling Brave? It May Be Time to Look at Chinese Stocks Again
at The Street - Thu Oct 22, 5:11AM CDT
American investors eager to trade Chinese stocks after a dramatic mid-year fall can test them at home without restrictions but with buyer-beware caveats.
BIDU: 157.60 (+4.10), CEO: 117.02 (-0.20), JD: 27.10 (+0.90), PTR: 82.38 (+0.52), BABA: 75.62 (+4.63)
Ocean Spray Launches First Online Flagship Store in China on Tmall Global
Business Wire - Thu Oct 22, 5:00AM CDT
Today Alibaba Group (NYSE: BABA) announced that Ocean Spray, a renowned American agricultural cooperative of cranberry and grapefruit farmers, has opened its first online flagship store in China on Alibaba Group's Tmall Global platform (oceanspray.tmall.hk).
BABA: 75.62 (+4.63)
Yahoo!, Twitter Drop, Face Ongoing Criticism, Western Digital Acquires SanDisk -- Tech Roundup
at The Street - Wed Oct 21, 5:15PM CDT
Yahoo! shares tumble after missed earnings, Morgan Stanley downgrades Twitter and Western Digital and Lam Research announce acquisitions.
YHOO: 33.17 (+1.50), VMW: 58.18 (+1.39), LRCX: 74.57 (+1.96), GOOGL: 719.33 (+38.19), KLAC: 65.35 (+0.45), WDC: 69.34 (-0.62), TWTR: 30.28 (+1.13), SNDK: 78.37 (+1.28), BABA: 75.62 (+4.63)
Yahoo, Chipotle PTs Cut; Twitter, VMWare Downgraded
at Investor's Business Daily - Wed Oct 21, 3:22PM CDT
Yahoo (YHOO) shares finished lower Wednesday on several price target cuts that followed a weak earnings report, while Chipotle Mexican Grill (CMG) also had its price target cut, Twitter (TWTR) was downgraded, and VMware (VMW) was hit with a series of...
YHOO: 33.17 (+1.50), HOG: 48.20 (+0.09), VMW: 58.18 (+1.39), CMG: 649.72 (-0.90), DG: 65.75 (-1.20), EMC: 26.10 (+0.32), GOOGL: 719.33 (+38.19), TWTR: 30.28 (+1.13), VZ: 46.16 (+0.27), CERN: 64.63 (+1.47), YUM: 72.89 (+0.21), BABA: 75.62 (+4.63)
Yahoo's 'Discouraging' Earnings Foreshadow Tough 2016
at Investor's Business Daily - Wed Oct 21, 11:52AM CDT
Yahoo (YHOO) will see lingering revenue pressure well into next year, according to Mizuho Securities, which handed the struggling Web portal a price-target cut and ratings downgrade after a leap in what Yahoo paid sites to carry its ads contributed...
YHOO: 33.17 (+1.50), GOOGL: 719.33 (+38.19), BABA: 75.62 (+4.63)
This Internet Pure-Play Shows Why China Isn't Done Growing
at The Street - Wed Oct 21, 10:01AM CDT
The latest disappointing growth numbers from China mask huge opportunities in the country's still-growing middle class.
YOKU: 24.61 (-0.04), BABA: 75.62 (+4.63)