Cyber Monday $13.5 Billion Splurge Seen Beating Initial Forecast
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U.S. stock market anomaly ǀ jd.com rose more than 1% before the bell, and institutions are bullish on its performance afterwards.
GeLongHui Dec 2｜JD.com (JD.US) pre-market rose by 1.5%, closing at $37.94. Bocom Intl released a report stating that JD.com's third-quarter revenue in 2024 met expectations, with profits exceeding expectations. Looking ahead to the fourth quarter, the bank expects a 5.7% year-on-year increase in revenue, with singles' day sales data better than expected. It is expected that the company's overall profit in 2024 will increase by 28% to 45 billion, a 5% upward revision from the bank's previous expectations, reflecting the bullish impact brought by the release of logistics profitability. (GeLongHui)
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