JD Stock Recent News
JD LATEST HEADLINES
Michael Burry is a hedge fund manager renowned for founding Scion Capital and predicting the 2008 subprime mortgage crisis. His foresight, detailed in Michael Lewis’s The Big Short, which was made into an Oscar-winning film, earned him $100 million personally and $700 million for investors by shorting mortgage-backed securities. Burry’s contrarian approach, rooted in meticulous research and value investing inspired by Benjamin Graham, also sparked the GameStop (NYSE:GME) meme stock frenzy in 2021 through early investments. Known for spotting market bubbles, he has warned of risks in passive investing and inflation. His renamed Scion Asset Management hedge fund just filed its latest quarterly report, and Burry made headlines again because he sold 12 of the 13 stocks in his $77.4 million portfolio, including stakes in Alibaba (NYSE:BABA) and Molina Healthcare (NYSE:MOH). More to the point, Burry is once again aggressively shorting the market. 24/7 Wall St. Insights: Michael Burry run
JD beat top and bottom line estimates in Q1, driven by strong JD Retail performance. The firm benefits from Chinese e-Commerce growth, and China is expected to remain the most important market in Asia for years to come. Solid free cash flows create opportunities for JD to invest in new ventures, or acquire other companies in a bid to diversify its portfolio.
Famed investor Michael Burry turned bearish in Q1 2025, dumping most of his stock positions, including Chinese e-commerce giants like JD.com (NASDAQ: JD), despite Wall Street's bullish outlook.
Although JD.com's (JD -3.78%) recently released first-quarter results pleased many investors and analysts, not everyone has been overly bullish on the company. Early Thursday morning, an analyst made a relatively assertive price target cut on the stock, and the market reacted by trading it down by almost 4% on the day.
Michael Burry's Scion Asset Management made some major changes to its portfolio during the first quarter, according to a filing with the SEC released on Thursday.
Wall Street analysts rerated JD.com, Inc JD on Wednesday, including slashing their price targets after the company reported first-quarter results on Tuesday.
JD delivers strong Q1 results. However, intense competition and pressures in the company's new business segment may caution investors.
Both U.S. and Chinese stocks rallied due to a de-escalation in the trade war, boosting the S&P 500 and Hang Seng Indexes. I reiterate a 'Buy' rating on the SPDR S&P China ETF due to its attractive valuation and strong dividend yield. GXC has high exposure to large caps and a balanced mix of value, blend, and growth, despite a concentrated allocation in consumer discretionary and communication services.
Investors were certainly buying what sprawling Chinese e-commerce company JD.com (JD 3.36%) was advertising on Tuesday. On offer was the company's latest set of quarterly results, which beat estimates and helped push its U.S.-listed American depositary shares (ADSs) more than 3% higher in price.
JD.com, Inc. reported Q1 and the stock traded higher as investors digested a beat on top and bottom lines. JD.com, Inc. stock is trading at an attractive entry point around $36, with a forward P/E ratio of 7.7x, well below the sector median. Positive consumer sentiment, improved supply chain, and a favorable China-U.S. trade deal position JD for continued growth and profitability.