My guess is that Munger sees Alibaba as more than Ma. Charley thinks Alibaba can make enormous amounts of money without Ma.Read more
I think the coronavirus statistics justify the Alibaba Holdings Inc. (NYSE: BABA) bulls. However, the same statistics cast doubt on the bull case for American stocks.Read more
I think Alibaba is the better growth stock because of its faster rate of growth and lower price. However, Amazon could be safer because the Everything Store is based in a country with more stability.Read more
News stories did not say whether WeChat Pay will be integrated with Walmart’s QR-code based payment app Walmart Pay. Walmart Pay is one of the fastest growing payment solutions in the United States.Read more
It goes without saying that Ford will be in a great position to buy up the remains of Tesla when it finally collapses.
Until then Ford and its competitors are enjoying some great auto sales. Americans purchased 17.4 million vehicles in November 2017, down slightly from 18.1 million in vehicles in October and 18.6 million in September, The Detroit Free Press reported.
More importantly, Ford’s sales rose by 6.7% in November while those at competitors fell. Fiat Chrysler’s (NYSE: FCAU) sales fell by 4% and General Motors’ (NYSE: GM) slid by 2.9%.Read more
Beyond enabling Chinese business the Oxford deal gives Ant; and Tencent, a beachhead to enter the Canadian market. Once ensconced at the centers the two companies will start marketing their payment options to Canadians.Read more
Investors should not hold their breath waiting for Amazon to take cryptocurrency anytime soon. The legal complications from such a move would simply be too great, especially in its home base of the United States.Read more
The real culprit in the death of the Great American Department Stores is changing times. Since there is no way to change that investors should stay away from this sector, perhaps far away.Read more
All this makes MoneyGram a very questionable investment because it does not generate that much cash or float for a financial services company. One reason for that is that it does not lend money and serves mostly working class customers.Read more
Ant Financial is potentially the world’s most valuable Unicorn and the next big IPO. Uber on the other hand end up as just a foot note in the history books or worse a bad joke. The future of Fintech and fantastic amounts of profit might just belong to Ant Financial and China.Read more