227.67 +0.87 (0.38%)
After hours: 4:11PM EST
|Bid||223.80 x 3000|
|Ask||232.10 x 900|
|Day's Range||225.00 - 231.61|
|52 Week Range||184.60 - 377.64|
|Beta (3Y Monthly)||0.88|
|PE Ratio (TTM)||34.01|
|Forward Dividend & Yield||1.67 (0.72%)|
|1y Target Est||N/A|
Companies are missing earnings forecasts for the first time in almost 18 months, based on 12-month rolling data. Combined with deepening trade tensions, that’s led analysts to cut their profit forecasts for an industry dominated by Taiwanese semiconductor makers and Chinese Internet firms. Emerging-market tech stocks have slumped 29 percent since Jan. 26, leading a 23 percent decline in the broader MSCI EM Index.
Now education firms are in the Chinese government’s crosshairs, roiling stocks and reminding investors how quickly their fortunes can change in a country rife with regulatory risk. RYB Education Inc. and Bright Scholar Education Holdings Ltd. both plunged by records in U.S. trading, while Vtron Group Co. and China Maple Leaf Educational Systems Ltd. sank in Shenzhen and Hong Kong after the government unveiled new rules that prohibit companies from financing for-profit kindergartens via the equity market. The losses echoed declines in Chinese peer-to-peer lenders, gamemakers and pharmaceutical companies after regulators increased scrutiny of the industries this year.
The Beijing-based company said it had net income of $1.80 per share. Earnings, adjusted for non-recurring costs, came to $2.55 per share. The internet technology company posted revenue of $2.45 billion ...
NetEase, Inc. (NASDAQ: NTES ) will be releasing its next round of earnings this Wednesday, Nov. 14. For all of the relevant information, here is your guide for the Q3 earnings announcement. Earnings and ...
NetEase and Vipshop Holdings report after Wednesday's market close. Revenue should move higher and earnings should move lower for both companies.
As Tencent Music, China's largest streaming firm, reportedly stalls on its proposed U.S. IPO, one of its closest challengers is doubling down. NetEase Cloud Music, a rival operated by games and publishing giant NetEase, just closed a fresh $600 million injection from a bevy of investors that include Baidu and General Atlantic, the company announced this week. NetEase will maintain a majority share in the company following this deal although it isn't clear what the valuation is. The business is already valued at over $1 billion, that landmark was reached last year when it raised 750 million RMB, that was around $108 million at the time.
The video game publisher's stock sold off after fans roundly rejected its latest game. Should investors buy or beware?
"Diablo Immortal," a new mobile video game from Blizzard Entertainment, got a negative response from hardcore fans hoping for a sequel to the franchise for personal computers.
Based on NetEase Inc’s (NASDAQ:NTES) earnings update in June 2018, it seems that analyst expectations are fairly bearish, with earnings expected to grow by 12% in the upcoming year relative Read More...
Activision Blizzard was probably hoping for cheers from gamers when it unveiled a new mobile app in its important Diablo franchise. That didn’t happen, and now Wall Street is more skittish about the company.
Seismic changes in global economies and the stock market are forcing investors to look at new ways to find companies that can add value long term, over multiple years, by adapting to these economic and market upheavals. To this end, The Boston Consulting Group (BCG) and Fortune magazine have created the Fortune Future 50, "the global companies with the best prospects for future growth." As Martin Reeves, a senior partner at BCG, writes in Fortune: "Our index is forward-looking, in the sense that it aims to measure vitality--a company's capacity to reinvent its business and sustain revenue growth. Among the stocks on this list are these 9: Vertex Pharmaceuticals Inc. ( VRTX), NetEase Inc. ( NTES), Salesforce.com Inc. ( CRM), Weibo Corp. ( WB), Geely Automobile Holdings Ltd. (GELYF), Amazon.com Inc. ( AMZN), Microchip Technology Inc. ( MCHP), Nvidia Corp. ( NVDA), and JD.com Inc. ( JD).
A base is an important concept in chart reading for growth investors. NetEase formed a pair of good ones in both 2015 and 2016
On October 12, Baidu (BIDU) made a strategic investment in NetEase Cloud Music, a unit of NetEase (NTES) and one of the leading streaming music services in China. The investment opens the way for Baidu to become NetEase Cloud Music’s strategic partner. In that position, Baidu plans to work closely with NetEase Cloud Music in areas such as copyright, content, and traffic sharing.
The sell-off in Chinese stocks, including search engine operator Baidu (NASDAQ:BIDU), continues unabated. Baidu stock is off by one-third from May highs — and it could be worse. Investors have been looking for a bottom since Chinese stocks entered a bear market back in June.
BEIJING—Chinese videogame companies, battered by a halt in new-game approvals, are expecting the freeze to stretch into next year in a blow for a sector that was recently a money spinner. Regulators haven’t greenlighted the sale of new titles since March, when a government reorganization started. Game companies expected approvals to resume this month, following the completion of the shuffle.