JD.com Inc (JD) News & EventsJDNews & EventsJD.com Inc

Major Averages Rise as Oil Prices Fall

The major averages were broadly higher again near noon as oil prices fell and investors digested softer-than-feared inflation data and another slate of corporate earnings reports.The Fed outlook has become somewhat more favorable for equities following the inflation data and the weak July employment report. Markets are now pricing roughly a 66% probability that the Fed holds rates steady at its next meeting, according to Reuters.Meanwhile, oil prices are down a bit as concerns over global demand and rising U.S. crude inventories offset continued geopolitical risks surrounding Iran and the Strait of Hormuz.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Ciscoreportedand provided an upbeat outlook for Q1 and FY27Cerebras Systemsreported mixed Q2 results butPershing Squarereported Netflixand VisaTapestryreported, provided its outlook for Q1 and FY27, and approved a 16% dividend increaseJD.comreported better-than-expected2. WALL STREET CALLS:Five Belowto Buy at JefferiesStubHubto Underperform at BofAVail Resortswith a Sell at Goldman SachsJPMorganAkamaito Neutral on revenue growth rampTronoxto Underweight at JPMorgan3. AROUND THE WEB:Former Alibabastar researcher Junyang Lin is launching Shanghai-based Pragmatik Labs to build digital and physical AI agents, The Information reportsAlphabetchief scientist Demis Hassabis discussed forming an independent AI safety entity before stepping down as Google DeepMind CEO, WSJ saysFordplans to shift production of some China-built Lincoln models to the U.S. starting in 2030, driven primarily by tariffs, including a 52.5% duty on the China-made Nautilus, and the goal of strengthening domestic manufacturing, Reuters reportsBending Spoons'acquisition strategy is driving strong financial results and aggressive software monetization, but steep price increases for legacy customers risk accelerating churn and undermining the long-term value of its acquired businesses, Bloomberg saysAppleis in talks with publishers over new deals to use their content to deliver current news and information as part of the iPhone maker's efforts to improve its AI-powered Siri voice assistant, WSJ reports4. MOVERS:Accelerantgains after announcing it will bein an all-cash deal worth more than $4B and reporting Q2 resultsBirkenstockrises in New York afterand raising its guidance for FY26Omerosand CorMedixhigher afterCellebritefalls afterand cutting its guidance for FY26Securitizeand Resideolower after5. EARNINGS/GUIDANCE:Yetiand raised its outlook for FY26Paysafe, with CEO Bruce Lowthers commenting on "strong traction across our priority markets and products"Cellebrite, provided guidance for Q3, and cut its outlook for FY26Ondas (ONDS), provided guidance for Q3, and cut its outlook for FY26Yeswayand increased its outlook for FY26INDEXES:Near midday, the Dow was down 65.19, or 0.12%, to 53,705.08, the Nasdaq was up 150.61, or 0.57%, to 26,739.10, and the S&P 500 was up 33.77, or 0.44%, to 7,782.27.

Stock Futures Modestly Higher, Cerebras Systems Down 15%

Stock futures are modestly higher as investors digest softer-than-feared Producer Price Index data that follows yesterday's July CPI report.The Fed outlook has become somewhat more favorable for equities following the inflation data and the weak July employment report. Markets are now pricing roughly a 66% probability that the Fed holds rates steady at its next meeting, according to Reuters.Technology and AI infrastructure stocks remain an important source of strength. At the same time, Cerebras Systems is under pressure after its results missed expectations, highlighting how high expectations have become for companies tied to the AI buildout.Oil prices are providing some relief after six consecutive sessions of gains. Brent crude has fallen roughly 2% as concerns over global demand and rising U.S. crude inventories offset continued geopolitical risks surrounding Iran and the Strait of Hormuz.In pre-market trading, S&P 500 futures rose 0.17%, Nasdaq futures fell 0.02% and Dow futures rose 0.30%.Check out this morning's top movers from around Wall Street, compiled by The Fly.UP AFTER EARNINGS -Jack in the Boxup 15%EnerSysup 14%Birkenstockup 12%Grocery Outletup 9%McGraw Hillup 3%BK Technologiesup 2%Red Robinup 2%Belite Bioup 1%DOWN AFTER EARNINGS -Cerebras Systemsdown 15%Tapestrydown 10%Yetidown 9%Intuitive Machinesdown 9%Ciscodown 7%Coherentdown 6%JD,comdown 3%Bending Spoonsdown 2%

JD Reports Q2 Revenue of RMB346.4B, Exceeds Expectations

Reports Q2 revenue RMB346.4B, consensus RMB342.67B. "Our Q2 results reflect our resilient and high-quality operations," said CEO Sandy Xu. "Despite near-term revenue headwinds, we achieved strong bottom-line growth, marking a clear inflection in our profit trajectory. These results underscore the resilience of our supply chain-driven business model and our team's focus on operational efficiency-strengths that we will continue to build upon for unlocking further potential as we navigate the second half of the year." "We delivered solid profitability in Q2 despite moderating top-line momentum," said CFO Ian Su Shan. "JD Retail's operating margin hit a record high for peak promotional seasons. This performance was driven by margin improvement in certain key categories, as well as a favorable revenue mix as high-margin marketplace and marketing revenues continued to outperform...Looking ahead, our robust business ecosystem will continue to underpin sustained business resilience and a healthy financial trajectory. Backed by our solid financial performance, we repurchased approximately 2.5% of our ordinary shares outstanding in the first half of the year, underscoring our commitment to delivering sustainable shareholder returns."