{ }
001122334455554433221100
001122334455554433221100
Symbol TCOM
Name Trip.com Group Limited
Currency USD
Sector Consumer Discretionary
IndustryGroup Consumer Services
Industry Hotels, Restaurants & Leisure
Market NASDAQ Global Select
Country China
State
City Shanghai
Zipcode 200335
Website http://www.trip.com

Deutsche Bank lowers Yum China target but maintains buy rating amid growth prospects

Deutsche Bank has lowered its price target for Yum China Holdings to $54.30 while maintaining a Buy rating, citing strong financial health and an attractive P/E ratio. The company is expected to benefit from recent menu price increases and effective cost control measures, with plans for significant shareholder returns and expansion through new store openings. Yum China's upcoming analyst briefing on February 6, 2025, will provide further insights into its financial performance and growth strategies.

toncash secures funding to enhance crypto cashback platform and expand globally

TONCASH has secured strategic funding from TON Ventures to expand its crypto cashback platform, which has rapidly gained 200,000 users since its launch in November 2024. The platform partners with over 200 major brands, including Apple and Adidas, offering cashback rewards of up to 80% in cryptocurrencies like Bitcoin and USDT.This investment will enhance TONCASH's growth strategy across Asia-Pacific, Europe, the Middle East, and Latin America, while fostering deeper collaboration with Telegram and The Open Network. By bridging traditional retail with cryptocurrency rewards, TONCASH aims to drive mainstream adoption of crypto through familiar shopping experiences.

stock market update broadcom and trip com lead gains amid mixed earnings

The Dow Jones Industrial Average and major indexes rose in premarket trading, buoyed by Broadcom's strong earnings, which propelled its stock up 17%. Nvidia and Tesla also saw gains, with Nvidia rebounding from losses and Tesla aiming to recover from a recent reversal. Trip.com shares surged 8.7% after breaking past a buy point, while BlackRock and Manhattan Associates approached their respective buy points, indicating potential investment opportunities in the current market.

dow jones reacts to inflation data as major stocks decline

The Dow Jones Industrial Average and major indexes reacted to unexpected inflation data, with the Dow inching higher while the S&P 500 and Nasdaq fell. Adobe's stock plummeted 11% after a disappointing sales outlook, while Tesla and Nvidia also faced declines after recent highs. The producer price index rose 0.4% in November, exceeding expectations, and first-time jobless claims unexpectedly increased to 242,000.

stock market update trip.com and major players in focus

The Dow Jones Industrial Average fell 0.4% as investors awaited key inflation data, while Nvidia rallied 1.6% after a previous drop, hovering near a critical support level. Oracle's shares plunged 9% following disappointing earnings, and Tesla gained 3%, extending its win streak. Key inflation reports are set for release this week, influencing market sentiment.

fidelity fund managers increase investments in china's real estate amid stimulus plans

Fidelity fund managers are increasing investments in China's real estate sector following recent government stimulus measures aimed at stabilizing the economy. They are optimistic about a potential recovery in consumer confidence and property transactions, noting a slight uptick in sales and positive sentiment among companies. The managers emphasize a selective investment strategy focused on companies with competitive advantages, while monitoring upcoming government meetings for further policy developments.
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