BABA Aug 2024 50.000 put
| Previous close | 0.1900 |
| Open | 0.0700 |
| Bid | 0.0500 |
| Ask | 0.2600 |
| Strike | 50.00 |
| Expiry date | 2024-08-16 |
| Day's range | 0.0700 - 0.1900 |
| Contract range | N/A |
| Volume | |
| Open interest | 35 |
Yahoo FinanceInflation and consumer spending updates ahead: What to know this week
A crucial reading of inflation faces investors in the week ahead after a string of disappointing reports to start the year dampened investors' interest rate cut hopes.
ReutersChinese e-commerce giants face delicate balance between discounts, profit
Quarterly earnings reports from Chinese e-commerce giants Alibaba and JD.com this week will be closely watched as barometers for the mood of consumers in the world's second-largest economy. Both firms, which combined account for about 69% of China's e-commerce market revenue, according to DBS estimates, have faced increasing competition in recent years from low-cost platforms, such as PDD Holding's Pinduoduo and ByteDance-owned Douyin. Chinese consumers are seeking discounts and lower-cost shopping because of their cautious attitude toward spending after the COVID-19 pandemic amid lower economic growth and the slowdown in the property sector.
Investor's Business DailyInvesting Action Plan: Walmart, Alibaba, JD.com Paint A Picture Of Online Retail
Walmart, Home Depot launch retail earnings. Alibaba leads some of China's biggest earnings stories. Inflation data could influence the week.
