To The Moon

JD.com: 24Q3 Revenue Hits 260.39 Billion Yuan, up from 247.7 Billion Yuan Last Year.JD.com shares dropped 2.8% in premarket trading.

By Casey Hall and Sophie Yu SHANGHAI, Oct 22 (Reuters) - China's largest shopping event is underway but most merchants and retail analysts expect flat or at best, tepid sales growth, noting consu

Chinese stocks with American depositary receipts were falling early Monday even after China’s central bank lowered interest rates.Retailer Alibaba fell 2.5% in the premarket, and rival JD.com fell 1.5%. Bilibili, a video-sharing site, declined 1.17%, and electric-vehicle maker NIO fell 2.1%. The Hang Seng Index in Hong Kong fell 1.6% on Monday.The moves follow fresh stimulus from the People’s Bank of China. The central bank for the world’s second-biggest economy lowered two key lending rates, de

Alibaba is up +60% from my January bottom call, on rising optimism about China's economy for 2025.However, the stock quote is getting extremely overbought, and could witness 2-3 months of retracement

China's massive stimulus package has bolstered Alibaba stock, spurring a potential breakout above the critical $90 resistance zone.Alibaba's profitability growth inflection from FY2026 has been lifted

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Wall Street commentary around this week's Fed rate cut could have filled a very long and boring book, but much of what you need to know about its effect on the stock market can be found in a movie rarely linked with monetary policy: "The Wizard of Oz.". The great and powerful man behind the central bank curtain, Jerome Powell, really can't do as much as people think to keep their portfolios from shriveling if the wheels are already starting to come off the economy. Stocks' initial reaction to Wednesday's cut was exuberant. That often proves to be a head fake, though -- we still don't know how this movie ends.Take the start of the rate-cutting cycle in 2007 -- one that coincidentally began on the same day of the year, the same starting federal-funds rate, and was for an identical amount, half a percent -- as Wednesday's move. The effect was electric: The Dow Jones Industrial Average had its largest gain in more than four years, rising 336 points, the equivalent of about 1,000 points to