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November 20, 2019
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Stocks making the biggest moves premarket: JC Penney, Nvidia, Nike, Lyft, GrubHub & more

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Names on the move ahead of the open. Source link: Click here for more
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Singles Day sales hit a record high as Chinese buyers rack up their credit card bills

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A significant portion of sales during this year’s Singles Day shopping event in China came from spending on credit, according to estimates from analysts. Source link: Click here for more
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Dow jumps more than 200 points to 28,000, posts 4-week winning streak

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The Dow Jones Industrial Average rallied to record levels on Friday, reaching 28,000 for the first time ever. Source link: Click here for more
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For China’s online shopping giants, delivery is a new battleground

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Getting products to customers in less densely populated parts of China can increase costs for companies like Alibaba, JD.com and Pinduoduo. Source link: Click here for more
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Alibaba breaks Singles Day record of more than $30 billion in sales and climbing

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Chinese e-commerce giant Alibaba set a new sales record on Singles Day, the world’s largest 24-hour shopping event. Source link: Click here for more
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Google parent company Alphabet held a secret ‘logistics summit’ last week, FedEx and others there

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The Alphabet Advanced Logistics Summit was hosted by Alphabet’s research and development unit “X” and Sidewalk Infrastructure Partners. The objective was to explore business models and investment opportunities in logistics and fulfillment. Source link: Click here for more
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Macro headwinds are a buying opportunity for these stocks, Wall Street analysts say

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CNBC combed through recent Wall Street research to find stocks analysts say are buying opportunities despite macro headwinds. Source link: Click here for more
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Stocks making the biggest moves premarket: Nio, Domino’s Pizza, Boeing, Target, Oracle & more

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Names on the move ahead of the open. Source link: Click here for more
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Chinese state media suspends broadcast of NBA preseason games in China

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Chinese state-run TV network CCTV also said it will “immediately investigate all co-operation and exchanges involving the NBA.” Source link: Click here for more
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Alibaba shopping sites appear to have de-listed Houston Rockets products in China

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Searches for “Houston Rockets” and “Rockets” in Chinese on Alibaba-owned Taobao and Tmall and rival JD.com yielded no results. Source link: Click here for more
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China’s giant middle class is still growing and companies want in

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Walmart has three Sam’s Clubs in Beijing, including this one in Daxing District. The company plans to open five more in the capital city. Evelyn Cheng | CNBC BEIJING — Some are trying to create characters as memorable as Mickey Mouse. Others are launching lessons on how to cook steak....
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Beijing warns US in response to possible investment restrictions

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A Chinese and U.S. flag at a booth during the first China International Import Expo in Shanghai, taken on taken on November 6, 2018. Johannes Eisele | AFP | Getty Images Beijing called Washington’s potential restrictions on U.S. investments in China “the latest attempt at a decoupling,” in a Global...

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