Alibaba says 15% of China delivery spots had been disrupted all through Singles Day browsing pageant

Vital Factors

“The resurgence of Covid has influenced a single place immediately after yet another, ensuing in abnormal or suspended logistic services in distinctive locations,” Alibaba CEO Daniel Zhang explained throughout a quarterly earnings call Thursday, in accordance to FactSet.
Whilst he observed logistics disruptions through Nov. 11, he explained Thursday the enterprise was “looking at advancements.”
Alibaba introduced it would increase its share buyback plan by $15 billion.

Source

Finance

GameStop’s Ryan Cohen lays out his vision for company — it’s not to be the next MicroStrategy

July 15, 2025

GameStop chief Ryan Cohen said Tuesday his video game retailer is using crypto as an inflation protection, and not trying to mimic others in becoming a large holder of digital tokens. “I look at it as a hedge against inflation and global money printing and and we’ll see what happens,” Cohen said on CNBC’s ” […]

Finance

JPMorgan Chase is set to report second-quarter earnings – here’s what the Street expects

July 15, 2025

Key Points JPMorgan Chase reports earnings before the market open on Tuesday. Analysts expect earnings per share of $4.48 and revenue of $44.16 billion, according to LSEG. JPM executives will host a call with investors at 8:30 a.m. ET. Source

Finance

Stocks making the biggest moves midday: Autodesk, PayPal, Rivian, Nebius, Waters and more

July 14, 2025

Check out the companies making headlines in midday trading: Autodesk — The design software maker rose more than 5% after Bloomberg News reported , citing people familiar with the matter, that it ended a plan to potentially buy out PTC . The possible acquisition was first reported by Bloomberg last Wednesday . PTC fell about […]