Weibo (NASDAQ:WB) reported quarterly earnings of $0.75 per share which beat the analyst consensus estimate of $0.52 by 44.23 percent. This is a 9.64 percent decrease over earnings of $0.83 per share from the same period
China ordered local apps and websites to terminate services that allow OpenAI's ChatGPT service, cooling down the rally in Chinese artificial intelligence stocks.
Shops, restaurants and the used-to-be bustling streets of China’s capital, Beijing, are empty this mid-December — but it is not because of forced COVID-19 lockdowns; it’s the opposite.