China's online retailers Shein, Temu in focus as US aims to plug trade "loophole"

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BofA Securities Reiterates Buy Rating on Amazon.com (AMZN), PT $210, 'we think AWS remains well-positioned'

September 17, 2024 9:32 AM EDT

BofA Securities analyst Justin Post reiterated a Buy rating and $210.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "Bloomberg reported that AWS and Intel will coinvest in custom chip designs under a "multi-year, multi-billion-dollar" partnership. As part of the... More

China e-commerce shares fall on report Biden to curb low-value shipments

September 13, 2024 8:24 AM EDT

Shares of Chinese e-commerce giants fell in premarket trading on Thursday following a report from the South China Morning Post that the Biden administration plans to tighten regulations on low-value imports.

JD.com (NASDAQ: JD) dropped 0.5%, Alibaba (NYSE: BABA) fell 1.3%, and Pinduoduo (NASDAQ: PDD) took the biggest hit, declining more than... More