• Bloomberg Equality: Trip.com's Sun on Gender Equality in Tech Industry
    Bloomberg

    Bloomberg Equality: Trip.com's Sun on Gender Equality in Tech Industry

    Dec.05 -- On Bloomberg Equality today, Bloomberg's Selina Wang speaks to Jane Sun, the CEO of Trip.com, China's largest online travel agency. As the only female CEO of a major internet company in China, Sun shares her views on how Trip.com has boosted female leadership in the company.

  • Why NetEase, Inc. (NASDAQ:NTES) Could Be Worth Watching
    Simply Wall St.

    Why NetEase, Inc. (NASDAQ:NTES) Could Be Worth Watching

    NetEase, Inc. (NASDAQ:NTES) saw a significant share price rise of over 20% in the past couple of months on the...

  • 5 Tech Stocks These Former Tiger Cubs Agree On
    GuruFocus.com

    5 Tech Stocks These Former Tiger Cubs Agree On

    An overview of Chase Coleman and Philippe Laffont’s common holdings Continue reading...

  • Hedge Funds Are Betting On 58.com Inc  (WUBA)
    Insider Monkey

    Hedge Funds Are Betting On 58.com Inc (WUBA)

    As we already know from media reports and hedge fund investor letters, hedge funds delivered their best returns in a decade. Most investors who decided to stick with hedge funds after a rough 2018 recouped their losses by the end of the third quarter. We get to see hedge funds' thoughts towards the market and […]

  • Methode Electronics (MEI) Q2 Earnings & Sales Miss Estimates
    Zacks

    Methode Electronics (MEI) Q2 Earnings & Sales Miss Estimates

    Methode Electronics' (MEI) second-quarter fiscal 2020 results suffer from strike at General Motors and currency rate fluctuations.

  • Okta's (OKTA) Q3 Earnings and Revenues Surpass Estimates
    Zacks

    Okta's (OKTA) Q3 Earnings and Revenues Surpass Estimates

    Okta's (OKTA) third-quarter fiscal 2020 results benefit from new customer additions and growing international momentum driven by increasing adoption of Identity solutions.

  • The Zacks Analyst Blog Highlights: Amazon, Microsoft, eBay, Alibaba and JD.com
    Zacks

    The Zacks Analyst Blog Highlights: Amazon, Microsoft, eBay, Alibaba and JD.com

    The Zacks Analyst Blog Highlights: Amazon, Microsoft, eBay, Alibaba and JD.com

  • Is There An Opportunity With Momo Inc.'s (NASDAQ:MOMO) 44% Undervaluation?
    Simply Wall St.

    Is There An Opportunity With Momo Inc.'s (NASDAQ:MOMO) 44% Undervaluation?

    Today we will run through one way of estimating the intrinsic value of Momo Inc. (NASDAQ:MOMO) by taking the foreast...

  • Domo (DOMO) Q3 Loss Narrower Than Expected, Revenues Rise Y/Y
    Zacks

    Domo (DOMO) Q3 Loss Narrower Than Expected, Revenues Rise Y/Y

    Domo's (DOMO) third-quarter fiscal 2020 results benefit from solid portfolio, expanding partner base and new customer wins.

  • Autonomous Vehicles Aim New Highs With Driverless Tests
    Zacks

    Autonomous Vehicles Aim New Highs With Driverless Tests

    Alibaba (BABA)-backed AutoX applies for testing its self-driving vehicles, without in-car driver backup, thereby stirring competition in the autonomous-vehicle tech space.

  • 6 Underperforming Stocks in Gurus' Portfolios
    GuruFocus.com

    6 Underperforming Stocks in Gurus' Portfolios

    Under Armour makes the list Continue reading...

  • Hedge Funds Getting Back In Momo Inc  (MOMO)
    Insider Monkey

    Hedge Funds Getting Back In Momo Inc (MOMO)

    "Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]

  • Amazon Roundup: Thanksgiving Weekend Results & More
    Zacks

    Amazon Roundup: Thanksgiving Weekend Results & More

    Amazon challenged Pentagon contract award to Microsoft as the holiday season started.

  • Shopify (SHOP) in Focus: Stock Moves 6.1% Higher
    Zacks

    Shopify (SHOP) in Focus: Stock Moves 6.1% Higher

    Shopify (SHOP) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

  • Zacks.com featured highlights include: Changyou.com, Danaos and Sony
    Zacks

    Zacks.com featured highlights include: Changyou.com, Danaos and Sony

    Zacks.com featured highlights include: Changyou.com, Danaos and Sony

  • Smartsheet (SMAR) Q3 Earnings and Revenues Beat Estimates
    Zacks

    Smartsheet (SMAR) Q3 Earnings and Revenues Beat Estimates

    Smartsheet (SMAR) third-quarter fiscal 2020 results benefit from customer wins and growth in business value.

  • Philips' New Imaging Solution Expands Healthcare Portfolio
    Zacks

    Philips' New Imaging Solution Expands Healthcare Portfolio

    Philips (PHG) expands footprint in the health tech space with the introduction of next- generation imaging solution.

  • Bloomberg

    Mobile-Gaming Billionaires Are Buying Rivals Instead of Selling Out

    (Bloomberg) -- Playrix Holding Ltd., a mobile-game developer that made billionaires of its Russian founders, has bought into about a dozen studios to take on the likes of Activision Blizzard Inc. and Electronic Arts Inc.Brothers Igor and Dmitry Bukhman said in an interview that by 2025 they want Playrix’s sales to catch up with those of the U.S. gaming giants. Over the past year they’ve spent more than $100 million on acquisitions and are planning to more than quadruple their portfolio of titles from about four that are available now.While the gaming industry is awash in investors from KKR & Co. to Zynga Inc., the Bukhman brothers are determined to go it alone. They told Bloomberg News in April that while Wall Street dealmakers such as Goldman Sachs Group Inc. had been in touch, they wanted to expand the business themselves.Since then, the brothers haven’t been persuaded of the merits of giving up control over Playrix in favor of a bigger pot of cash to spend. They prefer to leverage their understanding of the industry to act as a consolidator and nurture smaller players.“Many firms are seeking acquisition targets to add to their revenue and show growth to investors,” Igor said. “We don’t have this pressure and are taking a more long-term approach -- we are helping our portfolio companies to grow. We are sharing our experience and playing a role in their growth.”Playrix said 2019 revenue is likely to reach $1.5 billion, as much as 30% more than the previous year’s, from sales of existing games including Gardenscapes. It was the ninth-biggest publisher last year, according to independent gaming data provider App Annie.New TitlesThe Bukhman brothers are betting their new titles, to be released over the next two years, will push sales into the realm of rivals such as Activision, which reported $7.5 billion in revenue for 2018.“Within five years, we are seeking to join the same league as Activision Blizzard or NetEase Inc., but in the European region,” said Igor, without specifying a revenue target.Playrix’s purchases include studios in Ukraine, Serbia, Russia, Croatia and Armenia, and the 600 people added boost its headcount by more than 50%. The investments range from 30% holdings to controlling stakes in companies that will continue to operate independently. These include Nexters, based in Cyprus and one of Europe’s 10 top-grossing game developers, and Vizor Games, based in Belarus.The brothers are valued at about $1.4 billion each by the Bloomberg Billionaires Index. They landed in the rankings by creating a new variety of match-3 games, which involve completing rows of at least three elements to progress through an animated storyline. The latest acquisitions will allow expansion into gaming genres such as hidden object and simulation.The mobile gaming business is set to exceed $68 billion in revenue this year, according to researcher Newzoo, and have been attracting attention from investors. Playrix will have to compete against these deep-pocketed players if it’s to achieve its goals.Zynga acquired Finnish developer Small Giant Games for $560 million last year, while Israeli Playtika Ltd bought Germany’s Wooga and Austria’s Supertreat. KKR-backed AppLovin invested in Belarusian developer Belka Games and two other firms in September.“Capturing lightning in a bottle twice is the true challenge for a creative firm,” said Joost van Dreunen, managing director of SuperData, Nielsen’s game research arm. “With the popularity of Gardenscapes, Playrix has finally established itself as a force to be reckoned with. However, to build a legacy it will need to repeat this trick.”(Adds analyst comment in last paragraph.)To contact the reporters on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net;Alex Sazonov in Moscow at asazonov@bloomberg.netTo contact the editors responsible for this story: Rebecca Penty at rpenty@bloomberg.net, Jennifer Ryan, Thomas PfeifferFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • 3 Reasons Why Momo Inc. (MOMO) Is a Great Growth Stock
    Zacks

    3 Reasons Why Momo Inc. (MOMO) Is a Great Growth Stock

    Momo Inc. (MOMO) could produce exceptional returns because of its solid growth attributes.

  • Has NetEase (NTES) Outpaced Other Computer and Technology Stocks This Year?
    Zacks

    Has NetEase (NTES) Outpaced Other Computer and Technology Stocks This Year?

    Is (NTES) Outperforming Other Computer and Technology Stocks This Year?

  • Why Is Sohu.com (SOHU) Down 12.9% Since Last Earnings Report?
    Zacks

    Why Is Sohu.com (SOHU) Down 12.9% Since Last Earnings Report?

    Sohu.com (SOHU) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Moving Average Crossover Alert: Baozun
    Zacks

    Moving Average Crossover Alert: Baozun

    Baozun could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

  • Zscaler (ZS) Q1 Earnings Beat Estimates, Revenues Rise Y/Y
    Zacks

    Zscaler (ZS) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

    Zscaler's (ZS) first-quarter fiscal 2020 results benefit from solid top-line growth driven by growing adoption of the company's cloud platform security solutions by global enterprises.

  • Add These 3 Stocks With Upgraded Broker Ratings to Portfolio
    Zacks

    Add These 3 Stocks With Upgraded Broker Ratings to Portfolio

    Following broker ratings is a simple and easy way to invest in stocks and earn solid returns.

  • Stocks Not Happy About Talk of Trade Deal Delay
    Zacks

    Stocks Not Happy About Talk of Trade Deal Delay

    Stocks Not Happy About Talk of Trade Deal Delay