BEIJING, May 16, 2024 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter), the "Company"), a leading supply chain-based technology and service provider, today announced its unaudited financial results for the quarter ended March 31, 2024. First Quarter 2024 Highlights Net revenues were RMB260.0 billion (US$136.0 billion) for the first quarter of 2024, an increase of 7.0% from the first quarter of 2023.Income from operations was RMB7.7 billion (US$1.1 billion) fo ...

BEIJING, May 16, 2024 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter), the “Company”), a leading supply chain-based technology and service provider, today announced its unaudited financial results for the quarter ended March 31, 2024. First Quarter 2024 Highlights Net revenues were RMB260.0 billion (US$136.0 billion) for the first quarter of 2024, an increase of 7.0% from the first quarter of 2023.Income from operations was RMB7.7 billion (US$1.1 billion) fo ...

JD.com, Inc. (JD) is slated to report first-quarter 2024 results on May 16.For the first quarter, the Zacks Consensus Estimate for revenues is pegged at $35.75 billion, indicating growth of 1.05% from the year-ago quarter’s reported figure.The consensus mark for earnings is pinned at 63 cents per share, suggesting an 8.7% decline from the prior-year quarter’s reported number.JD.com surpassed the Zacks Consensus Estimate in the trailing four quarters, delivering an earnings surprise of 9.7% on average.Factor ...

JD.com, Inc. (JD) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned +19.9%, compared to the Zacks S&P 500 composite's +0.2% change. During this period, the Zacks Internet - Commerce industry, which JD.com falls in, has gained 4.1%. The key question now is: What could be the stock's future direction?While media ...

JD.com, Inc. (JD) closed at $32.13 in the latest trading session, marking a -1.77% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.13%. Meanwhile, the Dow gained 0.08%, and the Nasdaq, a tech-heavy index, lost 0.1%.Prior to today's trading, shares of the company had gained 26.1% over the past month. This has outpaced the Retail-Wholesale sector's gain of 0.98% and the S&P 500's loss of 0.35% in that time.Analysts and investors alike will be keeping a close eye on the ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about JD.com, Inc. (JD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.JD.com currently has an average brokerage recommendation (ABR ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 6th:JD.com, Inc. (JD) : This supply chain-based technologies and services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing nearly 3% over the last 60 days.JD.com has a PEG ratio of 0.24 compared with 0.55 for the industry. The company possesses a Growth Score  of A.Powell Industries, Inc. (POWL) : This custom-engineered equipment and ...

Companies operating in China have been some of the hardest hit by recent macroeconomic headwinds. These Chinese stocks continue to remain well off their peaks, although a recovery is starting to clearly form in recent trading sessions.Shares of Alibaba (NYSE:BABA), PDD (NASDAQ:PDD), Baidu (NASDAQ:BIDU) and JD.com (NASDAQ:JD) stocks are all up between 7% and 12% in early afternoon trading. These outsized moves suggest big money is flowing in fast.There are a range of reasons for this rally, from a fear of mi ...

Investors interested in stocks from the Internet - Commerce sector have probably already heard of JD.com, Inc. (JD) and MercadoLibre (MELI) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and ...

Over the last few weeks, the Chinese Technology Sector ETF (KWEB)  has been showing some very bullish price action. After breaking out from the descending wedge at $25, the ETF followed through last week with a +13% rally last week.This sector ETF, which is filled with Chinese technology stocks is now building significant upward momentum, and it could be starting a major bull run.I would be remiss to exclude the usual disclaimer of investing in Chinese equities, as they do carry additional risk, but the sto ...