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Online Retail ETF
(NY:
ONLN
)
40.06
+0.63 (+1.59%)
Official Closing Price
Updated: 8:00 PM EDT, Aug 30, 2024
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Headline News about Online Retail ETF
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Chinese Retail Giant PDD Plummets Nearly 30% After Disappointing Earnings: Which ETFs Are Most Impacted?
August 26, 2024
ADRs of PDD Holdings Inc. plunged 30% due to disappointing Q2 earnings and a bleaker revenue forecast, causing ETFs with exposure to suffer.
Via
Benzinga
Topics
ETFs
Why Is Fashion Retailer Buckle Stock Gaining Today?
August 23, 2024
Buckle reported second-quarter earnings per share of 78 cents, missing the street view of 80 cents. Quarterly decreased 3.4% to $282.4 million, beating the analyst consensus of $272.4 million.
Via
Benzinga
Amazon Web Services Commits Over $6B To Malaysia With New Cloud Region
August 22, 2024
Amazon Web Services plans to invest $6.2 billion in Malaysia through 2038, launching a new region that will contribute $12.1 billion to GDP.
Via
Benzinga
Alibaba's Taobao Overhaul Boosts Growth: Analyst Expects 6% Quarterly Revenue Spike
August 14, 2024
Bank of America raises Alibaba's outlook, predicts 6% revenue spike due to Taobao overhaul and expected growth in Chinese market. Target price $106.
Via
Benzinga
Amazon's Weak Sales Spoil Investors' Mood: ETFs In Focus
August 02, 2024
Shares of Amazon dropped as much as 8% in aftermarket hours on elevated volume. ETFs having a substantial allocation to this online behemoth have been in focus.
Via
Talk Markets
Topics
ETFs
E-commerce Giant eBay Posts Solid Q2 Results Despite Economic Uncertainty: Details
August 01, 2024
eBay reports Q2 FY24 revenue growth of 1%, beats consensus. Gross Merchandise Volume up 1% Y/Y. Adjusted EPS beats consensus.
Via
Benzinga
A Look At Retail ETFs Post Q1 Earnings
May 28, 2024
Most of the big-box retailers came up with an earnings or revenue beat or both. The results had a mixed impact on retail ETFs.
Via
Talk Markets
Topics
ETFs
Alibaba Rival PDD's Explosive Growth Continues, Revenue More Than Doubles
May 22, 2024
PDD Holdings Inc (NASDAQ: PDD) reported 131% revenue growth, beating analyst estimates. Adjusted earnings and operating profit also exceeded expectations.
Via
Benzinga
Alibaba Sparks AI Price War With Massive Discounts: Report
May 21, 2024
Alibaba Group (NYSE:BABA) has drastically cut prices on its AI services by up to 97%, sparking a fierce price war in China's burgeoning AI sector. Competitors Baidu (NASDAQ:BIDU) and ByteDance have...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Alibaba and Douyin Partner In Strategic Move to Dominate China's Midyear Shopping Craze
May 21, 2024
Alibaba's Taobao and Tmall platforms are teaming up with Douyin to attract users for the Chinese shopping festival. AI is also being used to boost e-commerce.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Alibaba Boosts E-Commerce Edge with AI, Despite Shrinking Market Share
May 17, 2024
Alibaba Group uses AI to stay competitive in Chinese e-commerce market. Wenwen chatbot gives personalized recommendations. Net profit up, stock down.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Amazon's Upfront Presentation Highlights Strong Push into Movies and Sports Advertising: Analyst
May 15, 2024
Oppenheimer analyst reiterates Outperform rating on Amazon, highlighting pricey talent, heavy movie focus, and potential for ad revenue growth.
Via
Benzinga
Alibaba Stock Dips as Huge Investment Losses In Q4 Overshadow Revenue Growth and Dividend
May 14, 2024
Alibaba Group reported lower stock after Q4 2023 results, with $30.73B revenue and $1.40 EPS. Strong growth in Taobao, Tmall, and Cainiao.
Via
Benzinga
Alibaba's New AI Model Claims to Beat OpenAI's GPT-4 in Language Skills
May 09, 2024
Alibaba Cloud unveils new large language model Qwen2.5, surpassing OpenAI's GPT-4 in language creation but excelling in other areas.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Amazon's AWS Mega Investment Marks Indiana's Biggest Capital Infusion Ever
April 25, 2024
Amazon Web Services (AWS) investing $11B in Indiana to create 1,000 jobs. AWS leads the global cloud market and plans to expand in Southeast Asia.
Via
Benzinga
Amazon Aims to Outdo Walmart's Retail Game, Boosts Cashierless Tech in Stores
April 18, 2024
Amazon plans to expand its Just Walk Out cashierless shopping technology to more stores, while also testing smart carts and revamping its Fresh locations.
Via
Benzinga
5 ETFs To Tap Amazon's Growth Story
April 13, 2024
Amazon registered its first new all-time high in almost three years during Thursday's trading session, and it was seen edging close to the $2 trillion mark. Here is a closer look at some ETFs that may...
Via
Talk Markets
Topics
ETFs
US Embargo On Nvidia Stings Hard, China's AI Development Lags Peers: Alibaba's Joe Tsai Reveals
April 08, 2024
Alibaba co-founder Joe Tsai says China is 2 years behind US in AI development due to technology restrictions. Companies seek alternatives to circumvent limitations.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Amazon Revives Bellevue Tower Construction, Eyes Office Expansion Amid Hybrid Work Shift
April 05, 2024
Amazon resumes construction of 42-story office tower in Bellevue, Seattle suburb, after pandemic pause. Aims for hybrid work model with 25,000 workers in Bellevue and strategic real estate plan.
Via
Benzinga
Is Amazon Poised for Major Shift With Potential Dividends and Share Buybacks on the Horizon?
April 04, 2024
Amazon may change its conservative approach to returning capital to shareholders due to its substantial cash reserves, potentially introducing share buybacks and dividends.
Via
Benzinga
Amazon AWS Launches Deadline Cloud, To Transform Media and Entertainment Content Creation Rendering
April 03, 2024
Amazon introduces Deadline Cloud, a service for media & entertainment to use AWS cloud for rendering. It simplifies setup, scaling & offers cost management.
Via
Benzinga
Why Overstock Parent Beyond Shares Are Rising Today
March 27, 2024
Beyond, Inc. (BYON) sees share rise after partnering with X, aiming to engage over 100 million U.S. users with tailored content and brand messaging.
Via
Benzinga
Alibaba's Logistics Arm Cainiao Boosts Employee Bonuses, Plans Major Incentive Overhaul
March 27, 2024
Cainiao Smart Logistics Network, owned by Alibaba, plans to double employee bonuses after IPO was scrapped. Alibaba focuses on global expansion.
Via
Benzinga
Topics
Initial Public Offering
Exposures
Securities Market
Alibaba Halts Ling Shou Tong Operations, Proposes $3.75B Cainiao Share Purchase Amid Global Expansion Plans
March 26, 2024
Alibaba Group and its logistics subsidiary, Cainiao, have withdrawn their IPO application and offered to buy back shares from minority shareholders for up to $3.75B. Integration with e-commerce...
Via
Benzinga
Topics
Initial Public Offering
Exposures
Securities Market
Alibaba Hits Pause on Retail Platform to Reinvent Business Strategy and Dive into AI
March 25, 2024
Alibaba halts operations of LST platform, attributing it to business adjustments. It plans to introduce new RISC-V processor to counter US export controls.
Via
Benzinga
Alibaba Unveils New Processor and Open-Source Laptop Based On RISC-V Processors
March 19, 2024
Alibaba's Damo Academy to launch new RISC-V processor, C930, in response to US trade restrictions. RISC-V gaining traction as alternative.
Via
Benzinga
JD.com Backs Out of Currys Acquisition, Eyeing Other Expansion Paths, Stock Slips
March 15, 2024
JD.com decides not to acquire Currys, a British electrical retailer, causing its stock price to decline. This decision comes after US investor Elliott Advisors also backed out. JD.com's interest was to...
Via
Benzinga
What's Going On With Alibaba Stock Tuesday?
March 12, 2024
Alibaba increases AI investment, plans to invest $640M in Hong Kong entertainment, modifies employee incentives to boost morale and mobility.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Amazon's AWS Scraps Exit Fees, Freeing Data Transfers to Rival Cloud Services
March 06, 2024
Amazon's cloud division AWS eliminates charges for customers transferring data to competing services, following a similar move by Google amid regulatory scrutiny.
Via
Benzinga
Alibaba Amplifies AI Investment, Valuing MiniMax Over $2.5B in Latest Financing Round
March 05, 2024
Alibaba invests $600M in Chinese AI startup MiniMax, valuing it at $2.5B. This adds to their previous $1B investment in Moonshot AI and reflects their focus on growth and AI innovation.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
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