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Express News | The CEO of ROSNEFT, the Russian oil company, said that it makes sense for Russia to diversify its energy supplies from Europe to Asia.
Opinion | How are high-yield stocks in US stocks priced?
The rise in many cyclical stocks actually satisfies this rule.
Youdao, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Earnings Call Summary | Youdao(DAO.US) Q1 2024 Earnings Conference
The following is a summary of the Youdao, Inc. (DAO) Q1 2024 Earnings Call Transcript:Financial Performance:Youdao, Inc. reported Q1 2024 net revenues of RMB 1.4 billion, representing a 19.7% YoY grow
Jeffrey: NetEase Youdao (DAO.US) unlocks AI monetization opportunities and suggests a purchase target price of $6.20
Jefferies, an internationally renowned investment bank, released the latest report stating that it maintains the “buy” rating of the domestic education technology company NetEase Youdao (DAO.US), with a target price of 6.20 US dollars, and acknowledged the company's strategic initiatives to use AI to drive sustainable growth and profit.
Profiting for two consecutive quarters, NetEase has reached the front line of AI
(Image Source: Visual China) Since 2021, the education and training industry has been significantly divided. Today, New Oriental and NetEase have completely become two “species”. On May 23, NetEase Youdao released its first quarter earnings report. During the reporting period, NetEase Youdao achieved net revenue of 1.39 billion yuan, a year-on-year increase of 19.7%, and operating profit of 0.3 billion yuan, turning a loss into a profit. For the first time, it achieved positive operating profit for two consecutive quarters. After the “double reduction,” Youdao focused on the path of technology and did many businesses with large investments and deep barriers. Getting to the edge of profit meant that Youdao crossed a critical threshold. linchpin