Author Archives: Scalper1

How Will JD.com Q3 Look As China Economy Struggles?

JD.com (JD) is set to report before the market opens on Monday and investors will be looking to see how the company is faring as the nation’s economic growth slows and rivals step up efforts to muscle into its industry space. Beijing-based JD.com is already China’s largest online direct sales firm, but it has been showing slowing revenue gains for the past three quarters. JD.com reported that sales rose 61% year over year in Q2, down from a 62%

Salesforce May Have Eased Off Throttle, But Not Much

Facing tough comparisons with year-earlier numbers, Wall Street expects Salesforce.com (CRM) late Wednesday to ease off its speedy earnings and sales growth rates just a bit. The consensus of analysts polled by Thomson Reuters estimates the leading customer relationship management software developer will report third-quarter earnings of 19 cents per share ex items, up 36% from the year-earlier quarter, on $1.70 billion in revenue, up 23%. In Q2,

How Apple Can Help Boost These IBD 50 Payment Stocks

Visa (V), Total System Services (TSS) and Global Payments (GPN) are IBD 50 companies that stand to benefit from the disruption in the payments sector that Apple (AAPL) could bring. Apple already has a mobile payment system, Apple Pay, that recently got a lift when drugstore giant Walgreens Boots Alliance (WBA) became the first retailer earlier this month to launch seamless loyalty-program integration with Apple Pay. And new features from Apple