Alibaba is China's leading e-commerce firm. (Photo : Getty Images)
China's premiere e-commerce firm Alibaba Group Holding Ltd., alongside Walt Disney and Nvidia, lead this quarter's investment action plan.
According to an investors.com article, Alibaba's revenue expectations is at $4.5 billion, which marks a 47-percent increase. Meanwhile, its earnings per share (EPS) is estimated at 63 cents--a 7-percent rise.
By gross merchandise volume, or "the value of goods and services sold across its multiple e-commerce platforms used by businesses and individuals," Alibaba is considered as the biggest e-commerce company in the country.
Another Chinese Internet firm and an Alibaba rival, JD.com pulled off a revenue estimate of $9.86 billion, up by 38 percent.
Investors are also closely watching the two firms' GMV growth and mobile user statistic.
Both companies are aggressively bringing foreign products, particularly U.S. brands, to its platform to attract more consumers as these commodities are now in-demand in the country.
Alibaba is also intensifying its campaign to crackdown on counterfeit products sold on its platforms.
As for Walt Disney, the firm is forecasted to have an 11 percent EPS growth, increasing the figure to $1.61, and an 8 percent revenue rise, increasing it to $14.2 billion.
Walt Disney has seen mega hits in the box office this quarter, which includes "Finding Dory," "The Jungle Book" and "Captain America: Civil War." It also opened its Shanghai Disney Resort in the same period.
Meanwhile, the consensus estimate for the sales and EPS of Tesla Motors partner Nvidia stood at $1.35 billion and 37 cents. The figures increased by 17 percent and 9 percent on a per annum basis.
The article also noted that "tech leaders Facebook, Alphabet, and Microsoft will start the week in buy range"--125.12, 791.05 and 56.95 buy points, respectively.
