JD.com Announces First Quarter 2023 Results
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Soros exits Tesla (TSLA), reduces Rivian (RIVN) stake after 90% drop from peak
May 15, 2023 8:50 AM EDTSoros Fund Management, the family office of George Soros, cut its holdings in Rivian Automotive (NASDAQ: RIVN) following the electric automakers 90% share decline from its intraday peak in November 2021. The billionaire also slashed its $16 million stake in Tesla (NASDAQ: TSLA), effectively eliminating their investment in the EV giant.
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JD.com (JD) Tops Q1 EPS by RMB 1.27, Beats on Revenue
May 11, 2023 5:47 AM EDTJD.com (NASDAQ: JD) reported Q1 EPS of RMB4.76, RMB1.27 better than the analyst estimate of RMB3.49. Revenue for the quarter came in at RMB243 billion versus the consensus estimate of RMB241.45 billion.
For earnings history and earnings-related data on JD.com (JD) click here.
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