|Bid||50.80 x 1400|
|Ask||51.00 x 900|
|Day's Range||50.40 - 52.43|
|52 Week Range||50.21 - 112.03|
|Beta (3Y Monthly)||1.43|
|PE Ratio (TTM)||20.27|
|Earnings Date||May 23, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||71.77|
JD.com stock soars on earnings beat and strong sales. The chinese tech giant soared past first quarter expectations and sales beat Wall St's estimates. Yahoo Finance's Dan Howley joins Seana Smith.
Now it's time to check out three tech stocks that came through our screen today that growth investors might want to consider buying right now.
The struggles for Chinese-related stocks is very real, especially those based in China themselves. Most bounced attempts have been rejected quickly. This season's earnings releases have been met with heavy selling.
On Thursday, May 23, Weibo (NASDAQ: WB ) will release its latest earnings report. Decipher the announcement with Benzinga's help. Earnings and Revenue Weibo EPS is expected to be around 52 cents, according ...
Coin Rivet is pleased to announce that we have partnered with world-leading social media platforms WeChat and Weibo to give our global crypto and blockchain news and information service even more comprehensive reach. The exclusive partnership now means that millions of WeChat and Weibo users across Asia can access our up-to-the-minute news articles, in-depth features, easy-to-use guides and studio broadcasts. Weibo is a microblogging site launched across China in 2009 from where it grew to become one of the world’s biggest platforms, boasting more than 445 million users each month. Its sister site WeChat is a messaging, mobile payment and social media app developed by Tencent following its 2011 launch. It is now one of the largest standalone mobile apps The post Coin Rivet teams up with WeChat and Weibo appeared first on Coin Rivet.
How far off is Weibo Corporation (NASDAQ:WB) from its intrinsic value? Using the most recent financial data, we'll...
Weibo (WB) first-quarter 2019 results are likely to benefit from growth in user base, engagement levels and monetization opportunities owing to increased content on the platform.
Chinese Stocks are Getting CrushedWhat the heck happened? In the last month the CSI 300 is down 11.5%, much more than US indices (SPY) (QQQ). And on Friday some big Chinese ADRs got pounded on earnings with Baidu down 16% and Weibo down 10%. Look,
China's Tencent Video has delayed the broadcast of the "Game of Thrones" finale, according to an official message published by the online streaming site on Monday, prompting uproar among fans of the popular TV series in the country. Tencent Video, which owns the online broadcast rights in China for the long-running smash series from HBO, was originally scheduled to air the episode at 9 am Beijing time, or 0100 GMT. "Dear users, we regret to inform you that the sixth episode of the eighth season of Game of Thrones will not go online at the intended time due to media transfer issues," the notice reads.
The trade war is back, and that's bad news for Chinese stocks. In late 2018, Chinese stocks and broader financial markets dropped as trade tensions between the U.S. and China escalated. But, in 2019, those tensions cooled off, and the tone from top trade officials from both countries was largely and consistently positive. In response, China stocks rebounded alongside a broad financial market recovery.Trade talks, however, took a sharp turn for the worse in early May. U.S. President Donald Trump claimed that China "broke the deal", subsequently raised tariffs on imported Chinese goods from 10% to 25%, and proceeded to have a trade meeting with China that didn't produce a deal. China has retaliated with its own set of tariffs. A full-blown trade war is now on the horizon.Chinese stocks have dropped big in response.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut, many market observers are unaware of one critical element about this latest round of tariffs: they have a grace period. This means that while tariffs have been raised from 10% to 25%, that raise will not impact goods that are already in transit. Importantly, the first tariff raise to 10% did not have this grace period. Thus, the grace period broadly implies that the U.S. is hoping to strike a trade deal with China over the new few weeks, before the 25% tariff actually starts impacting products. * 7 Stocks to Buy that Lost 10% Last Week In that light, investors shouldn't expect these elevated trade tensions to persist. They should cool, and when they do, China stocks should pop. That's broadly why I'm positioning for a trade resolution in the near future, and am buying China stocks on recent weakness. JD.com (JD)Source: Daniel Cukier via FlickrPerhaps the best Chinese stock to buy on recent trade-related weakness is China e-commerce giant JD.com (NASDAQ:JD).Context is important here. JD stock was really beaten up in 2018 amid slowing growth and compressing margin concerns, both of which were happening against the backdrop of a slowing China economy. But, in 2019, JD stock has rallied in a big way as growth has stabilized in the 20%-plus range and margins have improved, against the backdrop of a Chinese economy that is picking up steam again.Now, JD stock is back to sell-off mode. Specifically, the stock is down more than 10% over the past month, despite reporting a robust double-beat quarter during that stretch which broadly confirmed that growth remains resilient and margins continue to improve.In other words, JD stock is selling off in a big way right now because of what could be, not what is. But, what could be might not come to be, if a trade deal is struck within the next few weeks. If that happens, all these concerns will fade away. Investors will re-focus on the numbers, which have been really good in 2019. As they do, JD stock will rebound in a big way. Alibaba (BABA)Source: Shutterstock Shares of Alibaba (NYSE:BABA) have dropped 13% in the past week amid escalating trade tensions. This marks the stock's biggest drop of 2019, as well as the stock's biggest correction since the December 2018 plunge across global financial markets.But, the core growth narrative at Alibaba remains healthy. Revenue growth rates remain north of 40%, supported by continued expansion of the Asian digital economy, robust e-commerce growth, and a secular cloud services pivot. Also, trends have improved in 2019 amid renewed consumer confidence throughout China. These new tariffs won't impact consumer confidence so quickly. Instead, if a deal is indeed struck within the next few weeks, this new round of tariffs will never strike consumer confidence. Thus, Alibaba's numbers will look like nothing even happened. * 10 Stocks to Sell Before They Tank Your Portfolio But, something did happen: BABA stock dropped nearly 15%. As such, a trade deal could spark a big reversal in BABA stock, and once again push this stock back toward all-time highs. Baidu (BIDU)Source: Simone.Brunozzi Via FlickrMore so than Alibaba, shares of Chinese digital search giant Baidu (NASDAQ:BIDU) have been killed recently amid rising trade tensions, dropping nearly 20% over the course of the past month.The reason for the more pronounced sell-off is that the core fundamentals here aren't quite as good. Specifically, Baidu has been hit with a double headwind of slowing growth and falling margins over the past several quarters, and investors aren't sure exactly when these trends will reverse course. If trade tensions continue to rise for the foreseeable future, then these headwinds won't reverse course anytime soon. BIDU stock will continue to drop.But, if trade tensions cool and a deal is signed soon, then everything changes for BIDU stock. China's economy will continue to improve. The digital ad market will continue to expand. As it does, Baidu's growth rates should stabilize. Margins, too. Growth and margin stabilization on a stock that is 50% off its all-time highs should produce big returns. As such, BIDU stock could fly high on a potential trade deal. Weibo (WB)Source: Shutterstock When it comes to Chinese social blogging site Weibo (NASDAQ:WB), you have a hyper-growth company that has remained on a hyper-growth trajectory. But, WB stock has been killed on slowing macro China concerns. Thus, if those concerns hang around, the stock will continue to suffer. But, if those concerns disappear with a trade deal, then WB stock will soar.Broadly speaking, Weibo is China's Twitter (NYSE:TWTR). But, Wiebo has more users than Twitter, is more profitable than Twitter, and is growing more quickly than Twitter. Despite all that, Weibo has a market cap about half that of Twitter. Why? ARPU rates. Weibo monetizes its users less than Twitter. This is just a time issue. Over time, as Weibo pivots from growing its user base to growing its digital ad business, ARPU rates will rise. When they do, WB stock should rise significantly. * 10 Retirement Stocks That Won't Wilt in a Bear Market The one thing holding WB stock back has been a temporary pause in the China digital ad growth narrative, which is the result of less enthusiastic enterprise spend amid slowing economic conditions. But, those conditions have improved in 2019, and will improve meaningfully if a trade deal is struck. Thus, if a trade deal is struck, Weibo's numbers should improve over the next several quarters. That improvement will spark a big rally in WB stock. Tencent (TCEHY)Source: Shutterstock China internet giant Tencent (OTCMKTS:TCEHY) has fared better than its China tech peers during this recent round of tariff increases. As of this writing, TCEHY stock is less than 10% off its 2019 highs, while many of its peers are 10% to 20% off their 2019 highs.The relative strength in TCEHY stock can be attributed to the stock's favorable fundamentals. Tencent is the heartbeat of China's internet economy, from social media to digital payments to music streaming, and everything in between. A big piece of this economy is video games. In 2018, due to various regulatory issues, China put a freeze on new video game approvals. That really hurt Tencent's business. In 2019, that freeze has been lifted, and new video games are hitting the market for the first time in years.That's a big deal for TCEHY stock, and this positive development is mostly why the stock has fared better amid escalating trade tensions in early May. It's also why this stock could be a big winner if these trade tensions ease. If they ease, Tencent's two biggest headwinds of 2018 (trade tensions and a video game freeze) will be fully behind it. With those headwinds fully behind it, TCEHY stock, which is still 25% off its all-time highs, could soar. Ctrip (CTRP)Source: Thomas Galvez via FlickrNatural losers in a slowing economy are companies associated with travel. After all, travel is most often seen as a luxury. Consumers travel when they are employed, confident and have extra cash. They don't travel when they are unemployed, lack confidence and don't have extra cash. That's why Chinese online travel site Ctrip (NASDAQ:CTRP) fell off a cliff in 2018 as China's economy slowed.It's also why CTRP stock has bounced back in a big way in 2019 as China's economy has stabilized and even improved. But, the rally has been hit hard over the past few weeks amid rising trade tensions. During that stretch, CTRP stock has dropped over 15%. The stock will continue to drop so long as these trade tensions hang around. That's just the nature of CTRP stock and its relation to China's economic trends. * Top 7 Dow Jones Stocks of 2019 -- So Far But, as is the case with JD, recent weakness in Ctrip is the result of fears surrounding what could be, not what is. The current conditions are very favorable for Ctrip. China's economy is improving, consumer confidence is back, and the company just reported a robust double-beat quarter with 20%-plus revenue growth and healthy margins. If a trade deal is struck, and these current favorable trends persist, then CTRP stock will bounce back in a big way from this recent selloff.As of this writing, Luke Lango was long JD, BABA, BIDU, WB, TWTR and CTRP. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Sell Before They Tank Your Portfolio * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Low-Priced, High-Potential Tech Stocks to Buy Compare Brokers The post 6 Chinese Stocks That Could Pop On a Trade Deal appeared first on InvestorPlace.
New York, NY, based Investment company Kenmare Capital Partners, L.L.C. buys Weibo Corp, sells Sealed Air Corp, Career Education Corp during the 3-months ended 2019Q1, according to the most recent filings ...
China’s state media has responded to a US decision to raise tariffs on Chinese goods with a barrage of nationalist commentary, escalating official rhetoric in what analysts say is a bid to bolster home support for a protracted fight with Washington. on $200bn of Chinese goods from 10 per cent to 25 per cent after stating that China had “reneged” on previous agreements made during the talks.
Bilibili (NASDAQ:BILI) is anything but a household name in this half of the world, having only been a publicly traded entity for a little over a year, and only doing business in China. But, BILI stock may well be a pick North American investors would be wise to add to their portfolios. It's a growth machine like no other, striking a chord with a Chinese demographic that's proven tough to excite.Perhaps more important to current and prospective shareholders, analysts believe Bilibili is setting up to swing to a profit next year. And, given its habit of over delivering, that could happen even sooner than expected.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn that light, the modest weakness BILI stock has suffered since early March -- down 7.6% vs. a 3% gain in the Nasdaq Composite index -- may be a buying opportunity ahead of the earnings report on tap for May 13. Biliwhat?Bilibili is … difficult to explain to adults. But, China's teens know it well. Bilibili is an entertainment website that lets users post messages about brief videos -- including videos they've uploaded -- in real time, effectively captioning those videos in real time. It's more than a Twitter (NYSE:TWTR), and not quite a YouTube. It's closer to a Weibo (NASDAQ:WB), but focused on the anime and comics young people love. * 7 Energy Stocks to Buy to Light Up Your Portfolio Oh yeah, video games. Bilibili offers access to a variety of mobile games.Tong Chen, managing director of Beijing investment firm IDG Capital -- which has a position in BILI stock -- explains "In China, there isn't any similar platform of this scale, and it is keeping users highly engaged."The appeal is challenging to pin down nonetheless. School-aged children, who make up more than 80% if Bililbili's user base, live in their own secretive subculture. Given last quarter's 29% increase in total monthly users and 37% growth in monthly mobile users, however, it's clear that fickle teenagers are enjoying what they're getting even if they themselves can't define why its typical user is spending more than an hour per day at the site.Like Twitter's early days, and Weibo's, and Facebook's, Bilibili hasn't cared that it's in the red. Recently ramped-up efforts to push paid memberships appears to be paying off though, putting actual profits in sight. Fiscal Turning PointWith just a quick glance, it would appear the company's losses are growing as Bilibili beefs up its top line. And technically speaking, they are. For the quarter currently underway, BILI stock's per-share losses are expected to swell from the penny per share it lost a year earlier to a dime now. For the current year, analysts are modeling a loss of 33 cents per share, versus a loss of 27 cents per share of Bilibili stock booked last year despite 2019's forecast 55% revenue growth.This year should mark a turning point for the company's financials however. Next year, driven by a projected 45% increase in its top line, analysts are calling for a net profit of six cents per share. The year after that should deliver comparably-big earnings progress.Paid memberships have proven a surprisingly potent piece of that growth.The idea has been broached by the likes of Facebook (NASDAQ:FB) in the past, with mixed responses from users. Kids don't have the same principles-based hang-ups, though. The number of paying users as of the end of last year was a healthy 4.4 million.For users that aren't paying anything, they're still monetized via advertising. Ad revenue quadrupled last quarter, and while still a small piece of the revenue pie, Bilibili continues to refine the art and science of leveraging its brand in the tricky teen market. * 7 Strong Buy Stocks That Tick All the Boxes The anticipated swing to a profit next year isn't just wishful thinking. Bottom Line for BILI StockIt's still not a holding for the faint of heart, or grandma's portfolio. Aside from doing business in China behind a somewhat opaque wall, Bilibili operates in a fast-changing arena and caters to the most fickle of consumers.Still, the story works more than well enough for the time being. It's difficult for a would-be rival to replicate what can't be defined, and much like Facebook before Facebook become overwhelmingly inclusive, the Bilibili platform is sticky because of the participants who are already there. Teens are unlikely to leave a well-populated group for a less-populated rival's.The next chapter of the story begins on Monday, with Bilibili's first quarter numbers on tap. Analysts are calling for a loss of 11 cents per share on revenue of $188.3 million, down from the loss of 14 cents per share of BILI stock booked in the same quarter a year earlier.As has been the case for a while, the rhetoric is likely to mean more than the numbers.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dangerous Dividend Stocks to Stay Far Away From * 7 Tips for New Investors Young and Old * 10 Great Stocks to Buy on Dips Compare Brokers The post With Earnings on Tap, Bilibili Stock Could Soon Heat Up Again appeared first on InvestorPlace.
China's new rules on video games, introduced last month, are having an effecton the country's gamers
SHANGHAI/HONG KONG, May 8 (Reuters) - Tencent Holdings Ltd on Wednesday shut down its test version of global blockbuster "PlayerUnknown's Battlegrounds" in China and shifted users to a similar, more patriotic video game which, unlike PUBG, has regulatory approval to generate revenue. The Chinese video gaming leader has waited in vain for over a year for approval to earn money on PUBG via in-app purchases, having given the gory, South Korean-made game a socialist makeover to meet stringent government rules.
The Chinese trade war continues as President Trump presses for fairer policies. After enacting 10% tariffs on many Chinese imports, Trump has threatened to enact tariffs of as much as 25%. Although Trump is known for his brinkmanship, the American economy is clearly stronger than the Chinese economy. America can handle some short term pain if […]
The stock market has staged an epic rally to start 2019, and leading the charge for the market has been growth stocks. Year-to-date, the S&P 500 is up 17.5%. Meanwhile, the iShares S&P 500 Growth ETF (NYSE:IVW) is up 19%, while the iShares S&P 500 Value ETF (NYSE:IVE) is up 16%. Thus, stocks are up big in 2019, and growth stocks have broadly outperformed value stocks. There are many reasons why investors have returned to the growth trade in 2019. For starters, the economy has stabilized and even improved amid healthier China-U.S. trade relations. When the economy is healthy, investors tend to pile into risk-on, growth-oriented investments. Of equal importance, the Fed reversed its stance from "hike at all costs" to "wait and see". This stance reversal has kept rates low, and low rates help support growth valuations. Also, secular growth trends in markets like cloud, data, AI and digital ads are hardly slowing.Long story short, the growth trade is not dead. Considering that the Fed projects to remain dovish, U.S.-China trade relations project to improve, and secular growth trends project to remain healthy, then the growth trade projects to remain alive and well for the remainder of 2019.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe big takeaway? Stick with growth stocks. They've led the market higher over the past several years. They are leading the market higher today. And, they will continue to lead the market higher for the foreseeable future. * 7 Strong Buy Stocks That Tick All the Boxes With that in mind, let's take a look at six growth stocks to buy for the rest of the 2019. Facebook (FB)Source: Shutterstock The Long-Term Bull Thesis: The reasons to leave the Facebook (NASDAQ:FB) ecosystem were as strong as they will ever be in 2018 amid a plethora of data privacy scandals, and the company still added users. Net takeaway? Consumers are addicted to Facebook as much as they are addicted to the internet. Consequently, users aren't going to go away any time soon. Neither will advertisers, since they follow consumers. As such, Facebook's secular digital ad growth narrative remains robust. On top of that, the company is building out a complementary growth vertical in e-commerce. Overall, then, the growth trajectory at Facebook remains healthy, meaning that FB stock will only grind higher in the long run.The 2019 Bull Thesis: One of the biggest knocks against Facebook stock over the past few years has been that the company is entirely reliant on digital advertising and that the digital ad market will eventually slow. But that narrative will change in 2019. Over the next few quarters, we will see a new e-commerce growth narrative emerge. The emergence of that narrative will do two things. One, it will ease concerns related to slowing digital ad growth rates. Two, it will pave the path for 20%-plus growth to persist for a lot longer. Both of those developments will provide tailwinds for FB stock, and consequently, shares should stay in rally mode for the rest of 2019. Chegg (CHGG)Source: Shutterstock The Long-Term Bull Thesis: Digital education is the future. It only makes sense that as information migrates online, students increasingly turn towards online learning solutions to help them learn. But, at the current moment, there is no universal connected learning platform at scale. Chegg (NASDAQ:CHGG) is in the early days of becoming that. From homework solutions to on-demand tutors to test prep, Chegg provides a variety of learning tools through its all-in-one connected learning platform. Right now, Chegg only has 3.1 million subs, out of 36 million high school and college students in the U.S. Thus, the runway for growth is quite large, giving CHGG stock compelling long term upside potential. * 7 Stocks Worth Buying When They're Down The 2019 Bull Thesis: Chegg stock just dropped big on disappointing first-quarter numbers. But those numbers will get better as the year progresses. It's tough for me to believe that the recent college cheating scandal won't create a huge boost for Chegg's business come test prep time in the back half of 2019, as parents start spending more on college test prep amid what will likely become a more intense and rigorous college admissions process. Consequently, I expect to see Chegg's numbers get a lot better as the year progresses, and this improvement should get CHGG stock back on a medium to long-term uptrend. Weibo (WB)Source: Shutterstock The Long-Term Bull Thesis: The long-term bull thesis on Weibo (NASDAQ:WB) is pretty straight forward. Weibo is China's Twitter (NYSE:TWTR). But, Weibo has more users than Twitter, and operates at higher margins than Twitter. The only thing the company doesn't do as well is monetize each individual user, and that's likely a function of maturity (Twitter is three years older than Weibo). Eventually, Weibo will monetize each user at Twitter-like levels, meaning the company will have more users, more revenue, and more profits. Naturally, that should mean a bigger market cap, too. But, Weibo currently has a market cap about half the size of Twitter. Thus, long term upside potential is compelling.The 2019 Bull Thesis: The 2019 bull thesis in Weibo stock is likewise straightforward. Nothing Weibo did in 2018 warranted the huge selloff in WB stock. The numbers broadly remained very healthy. The only things that did happen were China's economy slowed meaningfully, trade tensions escalated, and the dollar strengthened. In 2019, China's economy is improving, trade tensions have eased, and the dollar has weakened. Thus, 2018 headwinds have turned in 2019 tailwinds. Ultimately, that should spark a big rally in WB stock into the end of the year. Square (SQ)Source: Via SquareThe Long-Term Bull Thesis: We are moving from a world of cash transactions, to a world of cashless transactions, and through facilitating various brick-and-mortar and e-commerce cashless transactions, Square (NYSE:SQ) is at the heart of this pivot. The company's gross payment volume as percent of global retail sales remains tiny. They are gaining traction among larger sellers. Growth rates remain robust. Margins are marching higher. The ecosystem is expanding with things like Cash App, Online Store, and Invoices. Overall, then, all signs here indicate that Square will continue to become a bigger and bigger player in the global retail scene over the next several years. As that happens, SQ stock will head higher. * 7 Marijuana Stocks That Are Bleeding Cash The 2019 Bull Thesis: SQ stock looks like a strong "buy the dip" candidate for the back half of 2019. This stock was crushed recently on weaker-than-expected Q1 numbers. But the numbers weren't that bad, and they should improve through the balance of 2019 as the global economy stabilizes and new e-commerce initiatives provide a healthy tailwind to growth. As such, things will get better for Square over the next few months, and as they do, SQ stock will rebound in a big way. iRobot (IRBT)Source: Shutterstock The Long-Term Bull Thesis: When it comes to iRobot (NASDAQ:IRBT), the long-term bull thesis hinges on the idea that the automation wave will ultimately sweep across the entire consumer household products space. iRobot started by selling robotic vacuum cleaners. Then, they got into robotic pool cleaners and mops. Now, they are getting into robotic lawnmowers. Next, they'll dive into robotic car cleaners, window cleaners, so on and so forth. In other words, this company expands its addressable market almost every year by introducing a new consumer robotics product. This trend will persist for the next several years as consumer robotics become the household norm. Ultimately, then, iRobot will benefit from huge revenue and profit growth in a long term window.The 2019 Bull Thesis: The reason to buy IRBT stock for the rest of 2019 is because this stock is due for a major bounce-back. IRBT stock was killed in late April on poor Q1 numbers. But, poor Q1 numbers are an anomaly, not the trend. Over the next several quarters, new product launches -- including the robotic lawnmower -- will drive improved results at iRobot, and that improvement will power a huge recovery rally in IRBT stock. Growth Stocks to Buy: Canopy Growth (CGC)Source: Shutterstock The Long-Term Bull Thesis: The growth potential in the cannabis space is enormous. At scale, the cannabis market will be as large, if not larger than, the global alcoholic beverage and tobacco markets. Both of those markets measure well above $500 billion, and they've each spawned multiple $100 billion-plus companies. Who will be the $100-billion plus giant in the cannabis space? Canopy Growth (NYSE:CGC). For three reasons. One, the company is already the leader in the legal Canada market by a mile. Two, they have $4 billion on the balance sheet which they are using strategically and aggressively to extend global dominance. Three, they are positioned to dominate the U.S. market, too, with the recent acquisition of Acreage. * Why I Regret Buying Cronos Group Stock The 2019 Bull Thesis: CGC stock should breakout into the end of the year for two big reasons. One, U.S. legislation is increasingly moving towards nationwide legalization of cannabis. As we inch closer to that landmark legislation, CGC stock will creep higher, given its Acreage acquisition. Two, the Canadian cannabis market is finally starting to stabilize after early volatility amid supply shortages. With those shortages in the rear-view mirror, the market should grow steadily, Canopy's numbers should improve meaningfully, and CGC stock should rise.As of this writing, Luke Lango was long FB, CHGG, WB, SQ, IRBT, and CGC. Compare Brokers The post 6 Growth Stocks to Buy for the Rest of 2019 appeared first on InvestorPlace.
BEIJING, May 7, 2019 /PRNewswire/ -- Weibo Corporation (WB), a leading social media for people to create, share and discover content, will announce its unaudited financial results for the first quarter of 2019 before the market opens on Thursday, May 23, 2019. Following the announcement, Weibo's management team will host a conference call from 7 AM - 8 AM Eastern Time on May 23, 2019 (or 7 PM - 8 PM Beijing Time on May 23, 2019) to present an overview of the Company's financial performance and business operations. Weibo is a leading social media for people to create, share and discover content online.
Global equities are being smashed lower on Monday after President Trump -- no doubt empowered by the S&P 500's run to a new record high on Friday -- put the squeeze on Beijing by announcing Sunday in a series of tweets that trade talks weren't going so well after all. He threatened to raise tariffs on Chinese imports into the United States further on Friday.Suddenly, after months of teasing a trade deal, another round of escalations seems likely. In fact, the U.S. Navy recently sailed two destroyers through the South China Sea. North Korea, no doubt with Beijing's blessing, recently test-fired another ballistic missile. There is a geopolitical element to this that is worsening as well.As a result, markets look vulnerable to a significant pullback here as the post-December uptrend has grown overhyped -- from Uber's upcoming IPO to a realization the Federal Reserve perhaps isn't as dovish as the bulls were hoping, with Chairman Jerome Powell wondering aloud whether inflation could soon surge higher.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Lithium Stocks to Buy Despite the Market's Irrationality A number of large-cap stocks are feeling the pinch from the change of theme. Here are four trade war stocks to sell: Baidu (BIDU) Click to EnlargeShares of Chinese internet giant Baidu (NASDAQ:BIDU) are breaking down below a six-month consolidation range that marked a 40% decline from the highs set last year. The move puts the early 2016 lows near $140 in play, which would be a further 20% loss from here. The stock was recently downgraded by analysts at China Renaissance.The company will next report results on May 16 after the close. Analysts are looking for an earnings loss of 10 cents per share on revenues of $3.6 billion. When the company last reported on Feb. 21, earnings of $1.92 beat estimates by 11 cents on a 9.4% rise in revenues. JD.com (JD) Click to EnlargeChina internet retailer JD.com (NASDAQ:JD) is watching helplessly as its shares drop hard below their 50-day moving average, putting an end to a nice six-month uptrend and setting up a fall below its 200-day moving average. The stock had suffered a 60%+ decline from its early 2018 highs into the lows set late last year. A retest of those lows looks likely now, which would be worth a loss of nearly a third from here. * 7 Energy Stocks to Buy to Light Up Your Portfolio The company will next report results on May 10 before the bell. Analysts are looking for earnings of 12 cents per share on revenues of $17.8 billion. When the company last reported on Feb. 28, earnings of 51 cents per share beat estimates by 78 cents on a 22.4% rise in revenues. Weibo (WB) Click to EnlargeWeibo (NASDAQ:WB), China's Twitter (NYSE:TWTR) knockoff, created thanks to the communists' desire to control the flow of information online, has fallen back below its 200-day moving average after a short-lived attempt to challenge the late-February highs. This was the first move into uptrend territory since stocks lost more than half of their value falling away from the early 2018 record high.The company will report on June 4 before the bell. Analysts are looking for earnings of 51 cents per share on revenues of $401 million. When the company last reported on March 5, earnings of 80 cents per share beat estimates by 5 cents on a 27.7% rise in revenues. Boeing (BA) Click to EnlargeThings are going from bad to worse for Boeing (NYSE:BA), as its airplanes are a key strategic export from the United States to China at a time when the Chinese are rapidly developing their own aerospace industry. What's more, the company is still reeling from the ongoing problems with the 737 MAX and the legal fallout from two fatal crashes over the past year. * 10 Vice Stocks to Spice Up Your Portfolio Shares are breaking down out of a five-month pennant pattern, setting up a decline back below its 200-day moving average. The company will next report results on July 24 before the bell. Analysts are looking for earnings of $1.8 per share on revenues of $21.5 billion. When the company last reported on April 24, earnings of $3.16 missed estimates by 3 cents per share on a 2% drop in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Energy Stocks to Buy to Light Up Your Portfolio * 10 Vice Stocks to Spice Up Your Portfolio * 7 of the Best ETFs to Buy for a Slowing Economy Compare Brokers The post 4 Trade War Stocks to Sell as Tensions Escalate appeared first on InvestorPlace.
Chinese Tech Stocks Getting Crushed Out of the Gate on MondayNo deal? = bad dealBig names in Chinese tech and internet were set to open anywhere from 4-8% down today. Alibaba (BABA) looks down 5% on the open. Somewhere in the same range are