commerce

Alibaba Shares Fall on Q3 Revenue Miss

Alibaba Shares Fall on Q3 Revenue Miss

Alibaba (NYSE: BABA), the Chinese e-commerce giant continues to grow fast. The company reported second-quarter revenue of USD 12,398 Million on Friday and earnings per share of USD 1.11. This beats analysts expectations of USD 1.08 a share. It&rsquo..

Wayfair Shares Plummet on Larger-Than-Expected Loss

Wayfair Shares Plummet on Larger-Than-Expected Loss

Wayfair Inc. (NYSE: W) reported its third quarter financial results before the opening bell on Thursday. The Company topped revenue estimates, but reported a larger-than-expected loss for the quarter, sending shares plummeting by 17% at the opening ..

Blue Apron Shares Surge on New Partnership with Jet.com

Blue Apron Shares Surge on New Partnership with Jet.com

Blue Apron Holding, Inc. (NYSE: APRN) on Monday announced a partnership with Jet.com to offer an assortment of its meal kits for purchase on Jet’s online and mobile platforms. The announcement sent Blue Apron’s shares up more than 2..

The Latest “Buzz on the Street” Earnings: Featuring (NASDAQ: EXPE INTC GOOGL AMZN) (NYSE: SNAP)

The Latest “Buzz on the Street” Earnings: Featuring (NASDAQ: EXPE INTC GOOGL AMZN) (NYSE: SNAP)

Expedia Group, Inc. (NASDAQ: EXPE) reported $3.28 billion in revenue and earned 3.65 a share.Intel Corporation (NASDAQ: INTC) exceeded revenue and earnings expectations for the 3rd quarter. Intel reported $19.16 billion in revenue and an EPS of 1.40..

Amazon Tumbles on Revenue Miss

Amazon Tumbles on Revenue Miss

Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter 2018.Operating cash flow increased 57% to $26.6 billion for the trailing twelve months, compared with $17.0 billion for the trailing twelve months ended Septembe..

China to Impose Additional USD 16 Billion in Tariffs on U.S. Goods

China to Impose Additional USD 16 Billion in Tariffs on U.S. Goods

China is imposing another 25% tariff on an additional USD 16 Billion worth of U.S. goods such as fuel, steel products, and auto and medical equipment, said the Chinese Commerce Ministry. The tariffs are set to take effect beginning August 23rd, the ..

Chinese E-Commerce Pinduoduo Raises $1.6B with U.S. IPO

Chinese E-Commerce Pinduoduo Raises $1.6B with U.S. IPO

Chinese commerce startup Pinduoduo Inc. (NASDAQ: PDD) priced its U.S. initial public offering at USD 19 per share, the high-end of the range, and raised USD 1.63 Billion to become the second largest U.S. float from a Chinese company this year. Pindu..