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HomeWorld NewsAlibaba rushes and Amazon beats Walmart | Real Time Headlines

Alibaba rushes and Amazon beats Walmart | Real Time Headlines

On Thursday, February 6, 2025, the Alibaba Group holds a sign of Co., Ltd. in Hangzhou, China.

Qilai Shen | Bloomberg | Getty Images

China’s tech giant Alibaba rose 239% net profit in the last quarter of 2024. CEO Eddie Wu has been in the past six quarters.

Amazon’s quarterly revenue exceeded Walmart’s revenue for the first time at the end of 2024. The company’s retail division is its biggest money-maker, but its cloud computing services have also exacerbated revenue. However, Walmart is still expected to be the world’s largest annual revenue generator.

What you need to know today

Market retreats from records
U.S. market fell Thursday. this S&P 500 It fell 0.43%, retreated from its recent high and placed it in the red for the week so far. this Dow Jones Industrial Average Loss 1.01%, Nasdaq Composite Materials It fell by 0.47%. Pan-European Stoxx 600 The index fell by 0.2%. However, stocks Schneider Electric 3% closed after French energy management Reported record sales and profits each yearexceeds market expectations.

Japan continues to inflation
Japan’s inflation rose to 4% in January Core inflation, excluding fresh food prices, rose to 3.2%, with expectations of defeating economists at 3.1%, according to a Reuters poll. This number is the highest since June 2023. Title inflation has remained above the Bank of Japan’s 2% target for 34 consecutive months.

Alibaba shares the popularity of cloud growth
US listed shares Alibaba 8.1% exploded after Thursday’s Chinese tech giant The reported net income was RMB 48.945 billion (US$6.72 billion) in the December quarter, beat LSEG’s forecast of RMB 40.6 billion, up 239% from the same period a year ago. Alibaba’s highest line was also better than expected, with Cloud Intelligence Group’s year-on-year sales up 13% in the quarter. Separately, GameStop CEO Ryan Cohen added His personal shares in Alibaba are approximately $1 billionThe Wall Street Journal reported on Thursday.

Amazon’s quarterly revenue beats Walmart’s
Amazon strips Walmart of quarterly revenue For the first time ever. Amazon Say earlier this month It generated $187.8 million in revenue in the fourth quarter, up from the reported $180.5 billion Walmart Thursday. Since 2012, Walmart There is a difference Become the highest revenue generator every quarter, which is the title you won after surpassing the oil giant ExxonMobil.

Privatize Thames
Private equity investors KKR offers about £4 billion ($5 billion) According to people familiar with the matter, for the struggling Thames water tools in Britain. The utility company is full of debt and warned that it will run out of cash by March 24. KKR’s involvement will include submissions submitted by £4 billion managers, which will not lead to asset sales or breakup of utility, i.e. bankruptcy, sources said.

(Pro) Expensive Standard & Poor’s Engine: Bank of America
According to A Bank of America The bank’s strategist said, team. However, there is a factor that can drive the market higher, and These stocks hold the biggest gain.

at last…

Donald Trump (L) and Russia’s Vladimir Putin attended a joint press conference after meeting at the Presidential Palace in Helsinki on July 16, 2018.

Yuri Kadobnov | AFP | Getty Images

Moscow has hated the United States for years because its economy has paid a high price for war – now, it is turning around

Since its invasion of Ukraine three years ago, Russia has spent a lot of energy to demonize the United States and devalue the country. But the arrival of a friendly government under U.S. President Donald Trump, which initiated a fledgling negotiation to end the Ukraine conflict, and a way from the economic and geopolitical cold, is prompting Kremlin to make it easier for him to do so. The confrontational stance of the palace softened.

When tensions between Trump and Ukrainian President Volodymyr Zelenskyy spread on Wednesday, Trump called Zelenskyy a “dictator” and Putin praised Trump for his European leadership未分类 shows restraint because what he calls “hysteria” is the European leaders, they are rejected, they are rejected. Negotiations on the future of Ukraine.

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