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The Five-year Loss for Weibo (NASDAQ:WB) Shareholders Likely Driven by Its Shrinking Earnings
Weibo Corporation (NASDAQ:WB) shareholders should be happy to see the share price up 11% in the last week. But will that heal all the wounds inflicted over 5 years of declines? Unlikely. In fact,
JOYY Inc. Filed 2023 Annual Report on Form 20-F
SINGAPORE, April 27, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that it filed its annual report on Form 20-F for the fiscal year ended
Shares of Chinese Tech Stocks Are Trading Higher Following Strong Earnings From Large-cap US Tech Names.
Shares of Chinese Tech Stocks Are Trading Higher Following Strong Earnings From Large-cap US Tech Names.
Chinese Tech Stocks Jump Amid Positive Earnings of US Giants Microsoft, Alphabet
Express News | China and the US reached a five-point agreement! The two sides announced that they will hold the first meeting of the Sino-US intergovernmental dialogue on artificial intelligence
Express News | Station B released the first free digital customization tool “Must Cut Studio” in China
Express News | The State Press and Publication Administration released approval information for domestic online games in April. NetEase's new game is listed
Express News | Organization: In March, Chinese mobile game manufacturers attracted a total of 2.13 billion US dollars
Futu Morning Post | AI boosts performance significantly! Google soared more than 11% after the market, and Microsoft rose more than 4%
Google paid its first dividend, and Q1 revenue, advertising, and cloud revenue all accelerated; Microsoft's first-quarter earnings report overall exceeded expectations; Bank of America said Apple was still the first choice for investment in technology stocks in 2024.
Bilibili (BILI) Moves 11.0% Higher: Will This Strength Last?
Bilibili BILI shares soared 11% in the last trading session to close at $12.75.
Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Lower in Thursday Trading
Tech stocks were leading Asian equities traded in the US as American depositary receipts lower Thursday morning, falling 0.83% to 1,827.37 on the S&P Asia 50 ADR Index. From North Asia, the gainers we
The Dow opened down 1.06%, the NASDAQ fell 2.15%, and the S&P 500 fell 1.02%. Star tech stock Meta Platforms fell 14.61%, Google-A fell 4.9%, and Amazon fell 3.91%. The Nasdaq China Golden Dragon Index fell 0.69%, Ideal Auto fell 2.93%, and Bilibili fell
The Dow opened down 1.06%, the NASDAQ fell 2.15%, and the S&P 500 fell 1.02%. Star tech stock Meta Platforms fell 14.61%, Google-A fell 4.9%, and Amazon fell 3.91%. The Nasdaq China Golden Dragon Index fell 0.69%, Ideal Auto fell 2.93%, and Bilibili fell 2.9%.
Investors Holding Back On Bilibili Inc. (NASDAQ:BILI)
With a median price-to-sales (or "P/S") ratio of close to 1.3x in the Entertainment industry in the United States, you could be forgiven for feeling indifferent about Bilibili Inc.'s (NASDAQ:BILI) P/S ratio of 1.7x.
Bilibili's Operating Profit on Track to Break Even in 3Q -- Market Talk
0836 GMT - Bilibili's operating profit is on track to break even in 3Q, Citi analysts write in a note. Cost control and higher gross profit margin may help the company achieve its target, they add. Ad
Changes in Hong Kong stocks | Bilibili continued to rise by more than 5%. The company achieved remarkable results in cost reduction and efficiency. It is expected to correct operating profit after the Q3 adjustment
Bilibili surged 8.8% yesterday and continued to rise by more than 5% today; as of press release, it rose 5.09% to HK$103.3, with a turnover of HK$377 million.
As of press release, Shang Tang-W (00020.HK) was up 15%, Bilibili (09626.HK) was up 5.49%, Huahong Semiconductor (01347.HK) was up 4.10%, and SMIC (00981.HK) was up 2.56%.
As of press release, Shang Tang-W (00020.HK) was up 15%, Bilibili (09626.HK) was up 5.49%, Huahong Semiconductor (01347.HK) was up 4.10%, and SMIC (00981.HK) was up 2.56%.
Hong Kong technology stocks strengthened. Bilibili rose more than 5%, Lenovo Group rose more than 3%, and Weibo and Alibaba followed suit.
Hong Kong technology stocks strengthened. Bilibili rose more than 5%, Lenovo Group rose more than 3%, and Weibo and Alibaba followed suit.
Futu Morning Post | Poor guidance, Meta plummeted nearly 15% after the market; Tesla's results soared 12% after the market, but investment banks were slightly cautious
J.P. Morgan said the time was ripe for further increases in US stocks; Qualcomm released the Snapdragon X Plus chip; and Boeing's credit rating dropped to the brink of garbage.
Changes in US stocks | Bilibili closed up nearly 11%, and many major banks expected first-quarter results to meet expectations and give them a “buy” rating
On April 25 | BILI.US (BILI.US) closed up nearly 11% to $12.75. According to the news, several major banks have recently released research reports. It is expected that Station B's first-quarter results will meet market expectations and give it a “buy” rating. Among them, Bank of America has a “buy” rating for Bilibili. The target ADR price is 17 US dollars, and revenue for the first quarter is expected to increase 10% year-on-year to 5.6 billion yuan. Due to the increase in advertising revenue, Yamato raised Bilibili's revenue forecast for this year and next two years by 2%, and the profit forecast by 4%-5%, as high-profit advertising contributions are likely to continue to increase.
US stocks closed | The S&P Index surged three times in a row, and Tesla surged more than 12% after the earnings report
The Dow stopped four times in a row and fell 0.11%; Nvidia closed down 3.33%, and Meta's post-market earnings report fell more than 15%.