Tag Archives: PDD

Alibaba Stock Is Ready for a Bounce After Getting Staight With Beijing

Timing a market bottom is a notoriously difficult thing to do. So, I won’t claim that now is the definitive time to invest in Alibaba (NYSE:BABA) stock.

Source: Kevin Chen Photography / Shutterstock.com

However, pundits have to admit that the case for maximizing returns by buying low looks very near. 

The truth is that Alibaba was never likely in any jeopardy of being broken up by the Chinese government. Many commenters and writers have continually banged the drum that BABA stock will rebound since its woes began late last year. 

The latest news....More>>>

DraftKings, Pfizer, Coinbase, Alibaba, Square, Pinduoduo — How Cathie Wood's Ark Played The S

Cathie Wood-led Ark Invest on Tuesday snapped up 1.07 million shares —estimated to be worth $60.6 million — in DraftKings Inc (NASDAQ:DKNG).

Shares of the Boston, Massachusetts-based sports-betting company closed 5.91% higher at $56.47 on Tuesday after it announced a deal with the privately-held Simplebet, a specialty tech company that facilitates micro-betting.

Ark owns stakes in DraftKings via the Ark Innovation ETF (NYSE:ARKK), the Ark Next Generation Internet ETF (NYSE:ARKW) and the Ark Fintech Innovation ETF (NYSE:ARKF) and deployed all three of its active....More>>>

DraftKings, Pfizer, Coinbase, Alibaba, Square, Pinduoduo — How Cathie Wood's Ark Played The S

Cathie Wood-led Ark Invest on Tuesday snapped up 1.07 million shares —estimated to be worth $60.6 million — in DraftKings Inc (NASDAQ:DKNG).

Shares of the Boston, Massachusetts-based sports-betting company closed 5.91% higher at $56.47 on Tuesday after it announced a deal with the privately-held Simplebet, a specialty tech company that facilitates micro-betting.

Ark owns stakes in DraftKings via the Ark Innovation ETF (NYSE:ARKK), the Ark Next Generation Internet ETF (NYSE:ARKW) and the Ark Fintech Innovation ETF (NYSE:ARKF) and deployed all three of its active....More>>>

Alibaba Is Being Crushed for Everything Except Good Valuation

Alibaba Group Holding (NYSE:BABA) is being crushed by politics, on both sides of the Pacific. Regulatory woes domestically and internationally are eating into BABA stock, toppling a company with otherwise fantastic valuation.

Source: testing / Shutterstock.com

China’s leading Cloud Emperor is down nearly 30% so far in 2021. All the technical signs are bearish. Chinese President Xi Jinping has hit the company with harsh regulations.

The crackdown on Chinese tech companies by the government has some investors considering Chinese investing as a whole. Alibaba doubly....More>>>

Alibaba Stock Is Ready for a Bounce After Getting Staight With Beijing

Timing a market bottom is a notoriously difficult thing to do. So, I won’t claim that now is the definitive time to invest in Alibaba (NYSE:BABA) stock.

Source: Kevin Chen Photography / Shutterstock.com

However, pundits have to admit that the case for maximizing returns by buying low looks very near. 

The truth is that Alibaba was never likely in any jeopardy of being broken up by the Chinese government. Many commenters and writers have continually banged the drum that BABA stock will rebound since its woes began late last year. 

The latest news....More>>>