Trading Ideas

Walgreens, Kohl’s and Amazon are offering special Veterans Day discounts and businesses are offering free haircuts, car washes, flu shots and more. …read more […]

Chinese e-commerce giants Alibaba and JD.com reported a total of more than $50 billion in sales on Monday in the first half of Singles Day, an annual marketing event that is the world’s busiest online shopping day. Singles Day began as a joke holiday created by university students in the 1990s as an alternative to Valentine’s Day for people without romantic partners. Alibaba, the world’s biggest e-commerce brand by total sales volume, adopted the day as a sales tool a decade ago. …read more […]

A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […] …read more […]

The Monetary Authority of Singapore (MAS), the country’s central bank, and investment banking giant JPMorgan have developed a blockchain prototype for cross-border payments.The post Singapore’s central bank, JPMorgan develop a blockchain system for cross-border payments appeared first on The Block. …read more […]

Nov.10 — Ari Sarker, co-president for Asia-Pacific at MasterCard, discusses the launch of their “Fintech Express” platform in Asia-Pacific, how the platform works, their business strategy, blockchain technology, their pullback from Libra and his outlook for the company. He speaks on “Bloomberg Markets: Asia” from the sidelines of the Singapore FinTech Festival in Singapore. …read more […]

(Bloomberg) — Japan is pursuing a 300 billion ($2.75 billion) yen project to transform disaster-struck Fukushima prefecture into a clean-energy hub, with the development’s first solar farm scheduled to start in January.Building wind and solar farms on agricultural land tainted by radiation from the 2011 Dai-Ichi plant meltdown will help rejuvenate the area, which also suffered earthquake and tsunami damage, Masashi Takeuchi, the head of the energy division at the Fukushima prefectural government, said Monday.The venture includes plans for 11 solar farms and 10 wind farms with total capacity of 600 megawatts and is scheduled for completion by March 2024. …read more […]

Q3 2019 Stamps.Com Inc Earnings Call …read more […]

Nov.10 — Hong Kong police confirm they shot two protesters Monday morning. Demonstrators had called for a general strike after a student protester died on Friday and pro-democracy lawmakers were arrested over the weekend. Bloomberg’s Dan Ten Kate reports on “Bloomberg Markets: China Open.” …read more […]

Geely Automobile Holdings Limited (HKG:175) led the SEHK gainers with a relatively large price hike in the past couple… …read more […]

Nov.10 — Patrik Schowitz, global multi-asset strategist at JPMorgan Asset Management, discusses Hong Kong assets and his outlook for global markets. He speaks on “Bloomberg Markets: Asia.” …read more […]

Seattle voters, in a rebuke to heavy corporate campaign spending by Amazon.com, have kept progressives firmly in control of their city council, reviving chances for a tax on big businesses that the tech giant helped fend off last year. Amazon poured a record $1.5 million into a Super PAC run by the Seattle Metropolitan Chamber of Commerce to back a slate of candidates in the Nov. 5 council elections viewed as pro-business, or at least more corporate friendly than the incumbent council majority. Amazon, the world’s leading online retailer whose chief executive is billionaire entrepreneur Jeff Bezos, accounted …read more […]

Nov.10 — Jacob Cooke, co-founder and chief executive officer at WPIC, discusses Alibaba Singles’ Day and the health of the Chinese consumer. He speaks on “Bloomberg Markets: China Open.” …read more […]

Nov.10 — Ting Lu, international chief China economist at Nomura, discusses China inflation and his outlook for the economy. He speaks on “Bloomberg Markets: China Open.” …read more […]

Q3 2019 Black Knight Inc Earnings Call …read more […]

* Alibaba event is akin to Black Friday, Cyber Monday in U.S. HANGZHOU, China, Nov 11 (Reuters) – Chinese e-commerce giant Alibaba Group Holding Inc on Monday said sales for its annual Singles’ Day shopping blitz hit 158.31 billion yuan ($22.63 billion) in its first nine hours, up 25% from 126.72 billion yuan at the same point last year. Akin to Black Friday and Cyber Monday in the United States, Singles’ Day has been promoted as a shopping fest by Alibaba Chairman and Chief Executive Daniel Zhang since 2009, growing rapidly to become the world’s biggest online sales …read more […]