Alibaba Cloud Unveils New AI Tools and Language Models to Empower Global Developers

Benzinga01:57

U.S. stocks movement | JD.com is up over 1% in pre-market trading, and Bank of America expects its Q4 revenue to exceed market expectations.

On January 22, Gelonghui reported that JD.com (JD.US) rose 1.25% pre-market trading to $38.98. According to news, Bank of America Securities released a research report indicating that JD.com is expected to announce its fourth-quarter earnings for last year in early March, predicting a year-on-year revenue growth of 10.1% to 337 billion yuan, which is 3% higher than the general market forecast. Looking ahead to 2025, under the higher base of 2024, Bank of America currently predicts JD.com's revenue will grow year-on-year by 6.7%, with non-GAAP net income expected to increase by 10% to 51 billion yuan. The company maintains a 'Buy' rating.

Gelonghui FinanceJan 22 17:15

Express News | Bank of America: Reiterates JD.com's "Buy" rating, predicts a 18% year-on-year increase in adjusted net income for the fourth quarter.

BreakingsJan 22 17:00

BOCOM INTL raised the Target Price for JD.com (09618.HK) to 233 yuan, and this year's profit is expected to maintain healthy growth.

BOCOM INTL released a research report indicating that JD.com (09618.HK) benefits from the trade-in policy, with the expansion of categories and scale continuing to be Bullish for JD.com’s sales of electrical products, while supply chain efficiency continuously improves. Therefore, the bank has raised its forecasts for the group's revenue and profit for the fourth quarter of 2024 by 3% and 12%, respectively. The bank anticipates that JD.com's profit is still expected to maintain healthy growth this year, raising the Target Price from 217 yuan to 233 yuan, while maintaining a Buy rating.

AASTOCKSJan 22 16:07

JD.com Could Benefit From Trade-In Subsidies, Improving Supply Chain -- Market Talk

WSJJan 22 12:39

Hong Kong stock market midday review | The Hong Kong stock market is experiencing a pullback, with the Hang Seng Index falling by more than 1%. New Oriental dropped over 25% after its earnings report; some Semiconductors stocks rose against the market tre

Network Technology stocks fell broadly, with Bilibili-W down 6.16% and JD-SW down 4.42%; most Property Services and Management stocks declined, with CHINA RES MIXC down 3.13% and CHINA OVS PPT down 2.98%; Semiconductors stocks strengthened, with Ennoconn up 5.18% and Semiconductor Manufacturing International Corporation up 2.39%.

Futu NewsJan 22 12:19