|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||42.90 - 43.31|
|52 Week Range||31.54 - 60.00|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||31.63|
|Forward Dividend & Yield||0.01 (0.02%)|
|1y Target Est||49.89|
A new report from a team of researchers at The University of Hong Kong's Journalism and Media Studies Centre, examined the most sensitive topics subject to censorship on Tencent's WeChat platform in 2018.
US-China Trade Deficit Narrows: Will It Please Trump?China’s trade dataOn February 14, China released its January trade data. China’s exports in US dollar terms rose 9.1%, while its imports fell 1.5% YoY (year-over-year). The data were better
Activision Blizzard Surges Even as Analysts Lower Target PriceActivision Blizzard Activision Blizzard (ATVI) released its fourth-quarter earnings yesterday after the markets closed. The company’s earnings were largely in line with estimates.
BAML Survey: Fund Managers Aren't Optimistic about Recent Rally(Continued from Prior Part)Most crowded tradeFor the first time in the history of the Bank of America Merrill Lynch Survey, “long” emerging markets (EEM) has been the most crowded
Shares of Walmart (WMT) rested roughly 8% below their 52-week high through mid-day trading Wednesday, with the company's fourth-quarter and fiscal 2019 earnings release due out on Tuesday, February 19. This means now is a great time to see what to expect from the retail powerhouse.
What's the Latest from Alibaba?(Continued from Prior Part)Helping companies in their digital transformation Alibaba (BABA) has launched a new strategic program that it calls A100. The goal of this program is to transform Alibaba into a one-stop shop
March Deadline Could Be Relaxed for ‘Biggest Deal Ever Made'(Continued from Prior Part)Trump As noted in the previous article, US President Donald Trump has said that he would consider relaxing the March 2 deadline for increasing tariffs on
iQIYI (NASDAQ:IQ), commonly referred to as the "Netflix of China," has been a victim of the trade spat between China and the United States that has been going on for months. That's interesting, though. Because the issue between the two countries has very little to do with IQ stock. Click to Enlarge Source: Shutterstock The leading streaming company in China provides mainly China-based content to its subscribers. So a trade disagreement with the U.S. shouldn't have such a damaging effect on the stock.Try telling that to the investors who are avoiding all Chinese stocks based on the headlines.InvestorPlace - Stock Market News, Stock Advice & Trading TipsEven Chinese technology giants Alibaba (NYSE:BABA) and Tencent Holdings (OTCMKTS:TCEHY) -- two of the largest internet companies in the world -- have been crushed over the last nine months. But now that rumors of a potential deal between the U.S. and China seem to be becoming more of a reality, things are starting to look up.The big rally we saw in Chinese stocks to kick off 2019 shows the huge upside potential these names have once the big black cloud we call trade is removed. IQ Stock: Down But Not OutiQIYI has rebounded 50% from its December low after losing two-thirds of its value during the selloff. But it still remains well below its June all-time high of $46.23. While it may take time to regain that high status, I am confident that fresh records will be achieved in the coming years. For buyers of the stock today, that would represent a double.The unknown of the trade spat will eventually be old news, allowing investors to once again focus on what companies actually do rather than political uncertainties.IQ is the leader in video streaming in a country that is home to more than 1.3 billion people and is growing its economy by 6%. Disposable income will grow as the middle class does, leading to more and more subscribers for IQ. * 10 Stocks That Every 20-Year-Old Should Buy Subscriber growth is a key metric for companies like iQIYI -- just like it is for Netflix (NASDAQ:NFLX) and Facebook (NASDAQ:FB). The company is on the right track. Its premium subscriber total -- those who actually pay -- grew 89% over the last year to nearly 81 million people.Also similar to NFLX when it was in its early stages of growth, IQ continues to lose money. But that's perfectly OK. When a company is focused mainly on growth, the next most important figure is the top line. IQ has increased revenue by 48% over the last year, which is a very impressive number.Now on to valuation. Based on iQIYI's current market cap of $14.5 billion and projected 2019 sales of $4.85 billion, IQ stock trades with a price-to-sales ratio of 2.99. Compare that to Netflix, which trades with a 2019 price-to-sales ratio of 7.43.It is very common for a U.S.-based company to have a higher valuation than its Chinese peers. But with growth projections higher for iQIYI stock and the potential market in China wide open, trading at just 40% of NFLX's value makes IQ a huge bargain buying opportunity for long-term investors.So … is IQ stock a good buy at current prices near $20?If you're an investor with a lot of patience and a strong long-term outlook, then I would answer that question with a big "yes!"Matthew McCall is the founder and president of Penn Financial Group, an investment advisory firm, as well as the editor of Investment Opportunities and Early Stage Investor. He has dedicated his career to getting investors into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA), +1,044% in Tesla (TSLA), +611% in Liquefied Natural Gas Limited (LNGLY), +324% in Bitcoin Services (BTSC), just to name a few. If you're interested in making triple-digit gains from the world's biggest investment trends BEFORE anyone else, click here to learn more about Matt McCall and his investments strategy today. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 7 Forever Stocks to Buy for Long-Term Gains * 5 Self-Driving Car Stocks to Buy Compare Brokers The post Is iQIYI Stock a Buy Again? appeared first on InvestorPlace.
Activision (ATVI) fourth-quarter 2018 results benefit from the release of Call of Duty: Black Ops 4 and Candy Crush Friends Saga.
Spotlight on Amazon’s Overseas Operations(Continued from Prior Part)Amazon sells its stakes in joint venture companies On February 1, new e-commerce regulations took effect in India. Just like that, thousands of product listings disappeared from
Tencent Holding (TCEHY) closed the most recent trading day at $44.62, moving -0.16% from the previous trading session.
has invested for the first time in social news and discussion site Reddit, putting in $150 million in a round that values Reddit at $3 billion. In all, Reddit raised $300 million in its recent Series D funding round from Tencent, Sequoia, Fidelity and Andreessen Horowitz, with the latter three having invested previously. Reddit was valued at $1.7 billion in its previous funding round in 2017.
Spotlight on Amazon’s Overseas Operations(Continued from Prior Part)Amazon’s rivals expanding aggressively in Southeast AsiaAmazon (AMZN) entered the Southeast Asian e-commerce market through Singapore in 2017, but the company has been slow to
Tencent Music stock rose Tuesday as coverage was initiated on the recent Tencent Holdings spin-off with a rating of outperform. Tencent Music dominates China's music market.
What's the Latest from Alibaba?(Continued from Prior Part)Alibaba Pictures takes position in Tingdong FilmAlibaba (BABA) increased its stake in Alibaba Pictures late last year. Alibaba disclosed in a recent investor update that it now owns about 51%
SAN FRANCISCO (AP) — Social media service Reddit Inc. says it has raised $300 million in a financing round led by Chinese internet giant Tencent.
Electronic Arts Surges as Apex Legends Continues Its Strong RunApex LegendsElectronic Arts (EA) is trading much higher in premarket trading today. The stock has seen significant buying interest on optimism over Apex Legends, its first free-to-play
Nio (NYSE:NIO) is one of China's hopeful carmakers of the future. And yes, it's true that it's focused on selling electric vehicles (EVs), so it has gotten the "equivalency treatment" -- i.e., the fill-in-the-blank of China -- that U.S. investors paint many foreign firms with.And yes, like Tesla (NASDAQ:TSLA), Nio's first car is a cutting-edge performance coupe that set the lap record at legendary German race track Nurburgring and the autonomous lap record at Circuit of the Americas in Austin, Texas.But similarities end there.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNio launched its IPO in the U.S. last September but it didn't get much love. The stock slid from its IPO price of $9.90 and has hovered in the $6-$8 range since then. Only now, in 2019 has the stock got some of its pep back, climbing briefly back above $8 with the possibility that it may continue this path.It now has a $7.7 billion market cap, which basically means there were investors, but few were interested in buying in at or above the IPO price. NIO is still losing money and will be for the foreseeable future. But it now has a seven-passenger SUV in its lineup and a five-passenger version is soon to be released. * 10 Best Dividend Stocks to Buy for the Next 10 Months But it's an interesting opportunity in a market that, once unlocked, will have enormous potential. And a homegrown EV carmaker will be given a great deal of favorable attention from the Chinese government, as well as many citizens. NIO Stock's Future in a Dynamic MarketJust as the U.S. has big "Made in the USA" fans, China has the same patriotic feelings about its products and industries. Building products to Western standards for as long as China has means it has the ability to produce high-quality products and now it can sell them to its own growing middle class.One thing to remember is that there are over 300 EV makers in China at this point, and that many of them will not be around long. NIO won't have its own factory up and running until 2020.My point is, this is a very young market that is even more dynamic; things will change rapidly in the coming few years.But one thing that does promise some staying power with NIO is that it has deep-pocketed investors.The main shareholder and founder is William Li, who got his start as founder of Bitauto Holdings (NASDAQ:BITA), an internet marketing, content and transaction company for the Chinese auto market.Obiviously, Li's experience in this sector adds a great deal of weight to Nio's ambitions.The second-largest shareholder is Tencent Holdings (OTCMKTS:TCEHY), the company that owns the wildly popular social media platform WeChat and just launched a music service. Its interest is on artificial intelligence side of things. And it also has a stake in TSLA.And interestingly, the No. 3 investor is U.K. investment management firm Baille Gifford, which is the No. 2 shareholder in TSLA.Given that ownership and their interest in top EV makers on both sides of the Pacific, NIO has a better than average chance to break through, but it's still early and there are plenty of hurdles, as we've seen in the US EV market.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Fundamentally Sound Dividend Stocks to Buy * 5 Reasons Reeling FAANG Stocks Won't Deliver Big Returns * 3 Reasons Canopy Growth Could Burn You Compare Brokers The post Is Nio -- the Tesla of China -- for You? appeared first on InvestorPlace.
What's the Latest from Alibaba?(Continued from Prior Part)Company could repurchase 25 million shares Last year, Alibaba (BABA) started buying back its own shares under a $6.0 billion share repurchase program that it said would run for the next two
President Trump versus Bears: What to Expect in February(Continued from Prior Part)President Trump The most recent round of US-China talks ended on a positive note on January 31. President Trump tweeted, “No final deal will be made until my friend
Revenue from the country fell 22 percent in the December quarter and it forecast a “low teens” to “high teens” percentage drop in the January to March period. Nexon generates roughly half of its sales from the world’s second-largest economy, where Tencent distributes its popular PC title Dungeon & Fighter.