Articles for author: The whipping post

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Chinese E-commerce Giants: Alibaba & JD.com JD.com Feels the Aftermath of Alibaba’s Disappointing Earnings Report

Shares of JD.com (NASDAQ: JD), the Chinese e-commerce giant, tumbled today following a lackluster earnings report from its close competitor Alibaba (NYSE: BABA), indicating repercussions for the entire sector. As of 1:19 p.m. ET, JD stock was down 4.5%, while Alibaba stock had fallen 6.4%. Image source: Getty Images. Chinese E-commerce Sector Continues to Falter ...

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First Trust Large Cap Growth AlphaDEX Fund ETF Experiences Unusually High Volume First Trust Large Cap Growth AlphaDEX Fund ETF Experiences Unusually High Volume

First Trust Large Cap Growth AlphaDEX Fund ETF (FTC) has been generating remarkable trading activity in the afternoon on Thursday, with over 139,000 shares changing hands, a significant surge in comparison to the three-month average volume of approximately 43,000 shares. The shares of FTC saw an increase of about 0.8% on the day. The components ...

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TotalEnergies Plans to Exit Nigerian Onshore Oil Operations

TotalEnergies’ Strategic Shift HJBC/iStock Editorial via Getty Images TotalEnergies (NYSE:TTE) is considering divesting its stake in a major Nigerian onshore oil joint venture, as announced by CEO Patrick Pouyanne during the company’s annual results presentation on Thursday. Environmental Challenges The Shell Petroleum Development Company of Nigeria, in which TotalEnergies (TTE) holds a 10% stake, has ...

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Chipotle Mexican Grill’s Fourth Quarter Earnings Garner Positive Analyst Insights Chipotle Mexican Grill’s Fourth Quarter Earnings Garner Positive Analyst Insights

Shares of Chipotle Mexican Grill, Inc. CMG climbed in premarket trading on Wednesday, after the company reported better-than-expected fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Stephens analyst Joshua Long maintained an Overweight rating, while lifting the price target from $2,800 to $3,000. Truist ...

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Apple’s Recovery Stifled By Chinese Slowdown Apple’s Recovery Stifled By Chinese Slowdown

Fourth Quarter Highlights Apple’s fourth-quarter earnings show promise but the overshadow of a Chinese slowdown threatens the tech giant’s recovery. Although demand for smartphones did not hinder earnings, weak demand in China overshadowed its first sales growth in a year due to record service revenue. The report indicated a 2% YoY revenue growth, reaching $119.6 ...

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PayPal Earnings Disappoint: What’s Next for Investors? PayPal Earnings Disappoint: What’s Next for Investors?

Last evening, PayPal (NASDAQ:) released its quarterly earnings, disappointing investors once again. Alongside Alibaba Group Holdings (NYSE:), this stock has been a significant letdown. Although the company’s numbers have shown a return to growth, the stock still lingers at around -80% from its highs. Judging by the trend in premarket trading, when the stock lost ...