Streetbeat News

XIACY

Xiaomi Corporation

http://www.mi.com/

CEO

Jun Lei

Open

17.95

Mkt cap

90B

Volume

26K

High

18.00

P/E Ratio

35.12

52-wk high

18.71

Low

17.83

Div yield

N/A

52-wk low

10.70

Alibaba's cloud computing unit partners with Nvidia to enhance autonomous driving for Chinese automakers amid U.S. semiconductor sanctions. The collaboration integrates Alibaba's language models with Nvidia's platforms, showcasing advancements at the Apsara Conference.

Portfolio Pulse from Anusuya Lahiri

September 23, 2024 | 11:08 am

Alibaba's Cainiao unit launches next-day delivery in Europe, plans global e-commerce hubs. The move is part of Alibaba's strategy to expand globally and regain market share. Alibaba's stock is down 4% over the past year but shows potential for recovery with its inclusion in the Stock Connect program.

Portfolio Pulse from Anusuya Lahiri

September 12, 2024 | 2:30 pm

Apple Inc. (NASDAQ:AAPL) is losing market share in China, dropping to sixth place in the smartphone market as local brands like Vivo, OPPO, HONOR, Huawei, and Xiaomi gain ground. The lack of AI integration and inventory issues are challenges for Apple, while local brands benefit from strong supply chains and AI advancements.

Portfolio Pulse from Anusuya Lahiri

September 11, 2024 | 9:37 pm

Alibaba Group Holding (NYSE:BABA) is joining China's Stock Connect program, allowing mainland investors to invest in the company. This move is expected to attract significant capital inflows, potentially up to $12 billion in six months. Alibaba's inclusion aligns it with other major Chinese tech firms like Tencent and Xiaomi.

Portfolio Pulse from Anusuya Lahiri

September 09, 2024 | 4:47 pm

The article discusses bullish bets on Chinese stocks, highlighting Xiaomi's success in the electric car market and comparing it to Apple's failed attempt. It also mentions two specific bullish trades on PDD Holdings and Trip.com Group, based on their undervaluation and technical ratings.

Portfolio Pulse from David Pinsen

August 14, 2024 | 5:34 pm

This week saw significant developments in the EV sector, with Tesla's mixed earnings report leading to a stock drop, Rivian's CEO discussing the new R2 platform, GM scaling back its EV goals, Xiaomi ramping up EV production, and Lucid securing a battery material deal. The KraneShares Electric Vehicles and Future Mobility Index ETF also saw a decline.

Portfolio Pulse from Shanthi Rexaline

July 27, 2024 | 3:43 pm

Xiaomi has received regulatory clearance to mass-produce electric vehicles independently, marking a significant milestone in its EV ambitions. Despite production bottlenecks and quality issues, Xiaomi's SU7 model has seen strong demand. The company plans to launch more models and increase its delivery targets. However, Xiaomi faces challenges such as anti-dumping tariffs in Europe and slowing demand in China.

Portfolio Pulse from The Bamboo Works

July 23, 2024 | 11:55 am

Tesla shares have surged after breaking through a key resistance level, with short-term technical indicators suggesting further gains. Despite a false rumor about record sales in China, Tesla's overall deliveries exceeded expectations. Additionally, trades on Tesla, Carvana, and Salesforce are on track for significant gains.

Portfolio Pulse from David Pinsen

July 02, 2024 | 8:42 pm

Xiaomi EV, the car-making unit of Xiaomi Corp., is ramping up production to reduce waiting times for its Xiaomi SU7 model. The company has initiated double-shift production and aims to deliver over 100,000 units in 2024. Current orders face a 30-week delivery wait, but lead times are expected to reduce by up to five weeks.

Portfolio Pulse from Nabaparna Bhattacharya

July 02, 2024 | 11:48 am

The article discusses the recent bullish moves in Novo Nordisk, Carvana, and Rivian, highlighting the pros and cons of trading options versus stocks. Novo Nordisk's stock surged after China approved its anti-obesity drug, Wegovy. Carvana's stock hit a 52-week high, benefiting from a call spread strategy. Rivian's shares rose significantly due to Volkswagen's $5 billion investment.

Portfolio Pulse from David Pinsen

June 27, 2024 | 4:39 pm

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