Alibaba stock jumps, Amazon’s revenue beats Walmart | Real Time Headlines

China’s tech giant Alibaba rose 239% net profit in the last quarter of 2024. CEO Eddie Wu has also played a role in the past six quarters, despite the increase in retail sales.

Like Alibaba, Amazon wears the double hats of retailers and cloud providers. The company’s retail division is its biggest money-maker – but its cloud computing services have also fueled revenue. Amazon’s quarterly revenue exceeded Walmart’s revenue for the first time in the second half of 2024, indicating that technology conglomerates are further entering more economy.

However, Walmart is still expected to be the world’s largest annual revenue generator right now.

US market retreats from record
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%. Asia Pacific stocks climbed Friday. From Hong Kong Hanging Forest Index Since February 2022, behind Alibaba’s stock, its highest level is over 3.4%. Japanese Nikkei 225 Continued consumer price growth, up about 0.2%.

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
Alibaba invested 8.1% on us On Thursday and Jumped up to 12% in Hong Kong On Friday. The Chinese tech giant reported on Thursday that net revenue for the December quarter was 48.945 billion yuan ($6.72 billion), an increase of 239% from the same period last year. Alibaba’s The highest line was also better than expected, with its Cloud Intelligence Group up 13% year-on-year sales 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) Behind Thursday’s sell-off
Walmart is the largest retailer and revenue generator in the United States, and is a leading consumer health position. So when the company said it expected profit growth to slow down this fiscal year, investors issued notices and sold shares. This is what the analyst thinks Thursday’s market decline.

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.