The company has acknowledged it faces fierce competition and is stepping up investments to blunt the blows.
Although Burry is best-known for making wagers on securities moving lower, he purchased a trio of historically cheap, cash-rich stocks during the September-ended quarter.
Chinese e-commerce giant JD.com JD exceeded market expectations in its third-quarter 2024 results, reporting adjusted earnings of $1.24 per share, surpassing the Zacks Consensus Estimate by 13.76%. The...
The Chinese tech giant emphasized its commitment to investing in AI infrastructure to capture growing demand for cloud adoption in China.
Burry is known for accurately predicting the 2007 subprime mortgage crisis that later morphed into the global financial crisis.
JD earnings call for the period ending September 30, 2024.
JD.com reported a 5.1% revenue increase and significant profit growth for Q3 2024, driven by improved consumer sentiment.Quiver AI SummaryJD.com reported its third-quarter financial results for 2024, showing...
This morning, pre-market trading is mild. The big relief rally following the General Election — Republicans yesterday won a majority in the House, officially making it a clean sweep — has given way...
Thursday, November 14, 2024This morning, pre-market trading is mild. The big relief rally following the General Election — Republicans yesterday won a majority in the House, officially making it a clean...
JD.com’s modest revenue growth came amid a struggling Chinese property market, moderating growth, and a deflationary environment.