61.09 +0.72 (1.19%)
Pre-Market: 7:00AM EDT
|Bid||60.10 x 800|
|Ask||61.10 x 1400|
|Day's Range||57.58 - 61.11|
|52 Week Range||54.36 - 142.12|
|Beta (3Y Monthly)||2.54|
|PE Ratio (TTM)||29.04|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||119.53|
NEW YORK, NY / ACCESSWIRE / October 15, 2018 / U.S. markets bounced on Friday, erasing some of the losses for the week, as the third quarter earnings season kicked off. The Dow Jones Industrial Average ...
First of all, the aggressive tariffs that President Trump has deployed against China have created quite a bit of uncertainty about JD stock. It’s tough to tell how the trade war will affect JD stock and when the conflict will end. Keep in mind that he is the company’s founder and, with his ownership of 80% of the voting shares of JD stock, has tight control over the company.
Chinese stocks have been under pressure in 2018, mostly due to trade war concerns. Although many of the Chinese American Depositary Receipts (ADRs) listed in U.S. exchanges are much cheaper than they were at the start of the year, I do not think the choppiness in individual share prices is over, yet.
The shares have fallen more than 50% from late January highs, and JD stock now trades at its lowest level in almost two years. JD.com stock is both — a Chinese e-commerce play that still trades at 58x 2018 EPS estimates. Chinese stocks have entered a bear market.
Despite the significant rise in users for China-based video-sharing website, Bilibili Inc. (NASDAQ: BILI ), analysts consider the company’s slow ad business growth and hindered revenue in Monday’s downgrade. ...
BEIJING (AP) — X-Men star Fan Bingbing's Beijing management office is dark and abandoned. Her birthday passed almost unremarked in China's hyper-adrenalized social media environment.
Facebook (NASDAQ:FB) stock has seen its worst year since its IPO in 2012. The social media giant struggled as it dealt with the fallout from alleged scandals. Facebook stock has fallen further from this point.
NEW YORK, NY / ACCESSWIRE / September 20, 2018 / Wall Street posted mixed results on Wednesday as tech shares weakened and trade tensions continued to rise. The Dow Jones Industrial Average gained 0.61 ...
2018 has not been a kind year for international equity investors. The whiplash has been especially bad for the Chinese markets, which were among the strongest in 2017. The FTSE China 50 Index, for example, ...
When most people think of Chinese social media stocks, Weibo (NASDAQ:WB) and Tencent (OTCMKTS:TCEHY) generally come to mind. The former has been deemed the “Twitter of China,” though it increasingly looks and feels like Facebook (NASDAQ:FB). The latter, meanwhile, is the name behind China’s most popular messaging platform, WeChat.
Fan Bingbing, who starred in Hollywood franchises such as "X-Men" and "Iron Man", has not been seen publicly since early July. The Chinese actress has also been uncharacteristically absent from social media such as Weibo and Instagram. Chinese authorities have declined to comment on her disappearance.
Chinese tech stocks are tracking for their first positive week in three as shares in Alibaba BABA , Weibo WB , Sina SINA and Baidu BIDU bounce back from trade-triggered sell-offs over the summer. Only one of those tech names could be an even better bet going forward than shares of Amazon AMZN , says Mark Tepper , CEO and president at Strategic Wealth Partners. "If [investors] had an opportunity to invest in Amazon right now at a third of its current price, $600 or $700 per share, would they be willing to do it?
How have operating expenses impacted Weibo’s operating margin? Weibo’s (WB) operating expenses rose 82% YoY to $209.9 million in the second quarter of 2018. Operating expenses used up 45% of the revenue in the second quarter of 2017 compared to 51% and 49% in the first and second quarters of 2018, respectively.
What led to the gross margin growth of Weibo? Weibo’s (WB) cost of revenue rose 23% YoY to $61.8 million in the second quarter of 2018. Weibo’s gross profit increased by 80% YoY to $364.8 million in the second quarter of 2018.
Since its 2005 IPO, Baidu (NASDAQ:BIDU) has had an interesting trading history. Overall, Baidu stock has returned some 1,640% over those 13 years. For instance, BIDU stock was pretty flat coming out of its IPO before rallying in late 2007.
This analysis is intended to introduce important early concepts to people who are starting to invest and want to begin learning the link between company’s fundamentals and stock market performance.Read More...
CTRP’s strong Q2 report, which beat on the top- and bottom-lines and included a strong guide, underscores that the fundamentals in the Chinese tech sector remain strong. Instead, the market is focusing on rising trade tensions and a strengthening U.S. dollar, two headwinds which could slow the Chinese economy. Thus, despite strong underlying fundamentals, China tech stocks continue to struggle, CTRP stock included (it is more than 30% off recent highs).
Weibo’s (WB) net income increased by 167% and 121% in 2016 and 2017, respectively. The company’s remarkable revenue and operating income growth played a crucial role in driving net income growth. Weibo succeeded in reducing its cost of revenue and operating expense margins, leading to higher net income margins. The company saw net income of $183.5 million and $405.7 million in 2016 and 2017, respectively. The net margin expanded from 14% in 2015 to 35% in 2017. Improved gross and operating margins drove the growth in net margin. ...
What drove Weibo’s operating margins? On the brighter side, the expenses as a percentage of revenue (or operating expense margin) have fallen from 62% in 2015 to 44% in 2017. Weibo’s improved gross profit and operating expenses led to growth of 276% and 189% in income of operations for 2016 and 2017, respectively.
Chinese internet stocks are having a tough time and closing in the red almost daily. Since early summer, when markets realized U.S/China trade relations were worsening, leading companies in China started selling off steadily.