Global X E-Commerce ETF (NASDAQ:EBIZ – Get Free Report) saw a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 1,500 shares, a drop of 70.6% from the May 15th total of 5,100 shares. Based on an average trading volume of 13,200 shares, the days-to-cover […]
Founders Financial Alliance LLC reduced its position in shares of Global X E-Commerce ETF (NASDAQ:EBIZ – Free Report) by 20.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,638 shares of the company’s stock after selling 669 shares during […]
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JD.com, Inc. (NASDAQ: JD) reported fiscal first-quarter 2024 revenue growth of 7% year over year to $36.02 billion, beating the analyst consensus estimate of $35.62 billion. JD posted an adjusted net income per ADS of $0.78, beating the analyst consensus estimate of $0.64. The stock price gained after the results. JD Segment Performance: JD.com's net product revenue increased by 6.6% year over year to $28.88 billion. Net service revenues rose 8.8% year over year to $7.14 billion. JD Retail reven