TSLA launches Doubao LLM; JD ramps up AI robotics | Daily News RecapAug 20 at 08:32 AMSKHY+2.46%GOOGL+0.64%
Focus Media (Trans): AI App Ad Spend Poised as a Durable New Growth Driver; Full-Year Dividend Goal Unchanged.Aug 19 at 02:34 AM09988+4.00%BABA+4.33%
JD: No AI arms race, no buybacks — can a 'frugal' strategy still work?Aug 13 at 03:24 PM00700-1.64%80700-1.48%
JD (Trans): Profit inflection confirmed, Q3 revenue back to growthAug 13 at 01:48 PM02618+0.67%096180.00%
JD 2Q26 First Take: results were steady, if subdued. Revenue and profit only slightly beat Bloomberg consensus and lagged some bulge-bracket estimates. As a result, the market reaction was muted.In detail. Highlights follow.1) Total revenue was approx. 3.46bn, down 2.9% YoY, a touch better than Bloomberg cons. of -4.1%.Growth continued to deteriorate, but with 2Q retail sales at the weakest level since 2022, the market was prepared.Adj. OP came in at 5.48bn, marginally above Bloomberg cons.YoY, this was a sharp improvement vs. last year when profits were largely wiped out by the food-delivery price war.2) In core Retail (Mall), revenue fell 4.7% YoY. Segment profit was ~13.5bn (-3.3% YoY), with OPM up 10bps.Two reads. First, JD’s self-help on margins appears largely played out, with no further major upside surprise on OPM. Second, despite multi-year low revenue growth and fading scale benefits, margins still trended up.3) By category, electronics/appliances performed better than expected, down ~12% YoY vs. -8% last quarter. The further slowdown was modest.In contrast, general merchandise growth and ad revenue growth decelerated more, each by ~10ppts. While within expectations, this suggests JD may be hitting a ceiling in using these two lines to offset electronics weakness and lift overall margins.4) On shareholder returns, the company spent approx. $1bn on buybacks in 1H, a slower pace than last year. Annualized, this equals ~5% of the current market cap.As JD does not need heavy AI capex, FCF exceeded 30bn this quarter. Against this backdrop, the lighter buyback may disappoint some investors.$JD.com(JD.US) $JD-SW(09618.HK)Aug 13 at 11:39 AM096180.00%89618+0.17%
DeepSeek, Grok 4.6 unveil same-day moves; AAPL in talks to license news for Siri | Daily News RecapAug 13 at 08:37 AM09888-0.17%89888+0.60%
US Jul CPI due at 20:30 tonight; BYD Qin Max Flash-Charge goes on sale tomorrow | Daily News RecapAug 12 at 08:41 AM01698+0.71%TME-0.13%
NVDA teams up with six tech giants to mobilize RMB 500bn for AI infra; PDD rolls out 'arrives as soon as tomorrow' entry | Daily News RecapAug 11 at 08:46 AMKKR+0.63%BX-0.36%
ASML posts strong Q2; Tencent Yuanbao links to JD shopping | Daily News RecapJul 15 at 08:30 AMDPSK037500.00%
Rumor: BABA to make a big-ticket bid for Pupu Supermarket; Largest-ever IPO debuts in US tonight | Daily News RecapJun 12 at 08:26 AMDXYZ+0.51%SPCX-1.36%
Musk outlines orbital AI compute blueprint; INTC soars on inclusion in leading AI chip foundry shortlist | Daily News RecapJun 9 at 08:38 AM09988+4.00%BABA+4.33%
SpaceX sets Jun 12 Nasdaq debut; WeChat A2A enables mobile AI interop | Daily News RecapJun 4 at 08:21 AM00700-1.64%80700-1.48%
BEKE rolls out HK buyback shield; Xiaomi faces earnings test tonight | Daily News RecapMay 26 at 08:40 AM03692-0.12%096180.00%
JD 618 Kicks Off Low-Price Deals; Tencent Speeds Up AI Monetization | Daily News RecapMay 19 at 08:30 AMNVDA+1.34%096180.00%
