Newsfeeds - Spark Newswire

1 minute read

Earnings

Weibo’s Earnings: A Preview

Today, 8:16 PM

Weibo (NASDAQ:WB) is set to give its latest quarterly earnings report on Wednesday, 2022-06-01. Here's what investors need to know before the announcement. Analysts estimate that Weibo will report an earnings per share (EPS) of $0.46.

1 minute read

CLSA Maintains Buy on Weibo, Lowers Price Target to $42.7

By Benzinga Newsdesk

Today, 8:16 PM

CLSA analyst Elinor Leung maintains Weibo (NASDAQ:WB) with a Buy and lowers the price target from $45 to $42.7.

1 minute read

Read About Tencent’s Latest Move At Battling Misinformation

By Anusuya Lahiri

Today, 8:16 PM

Tencent Holding Ltd’s (OTC:TCEHY) popular messaging service WeChat will begin revealing users’ locations when they post on the platform, Reuters reports. Recently,…

TCEHY

4 minute read

Options

10 Communication Services Stocks With Whale Alerts In Today’s Session

By Benzinga Insights

Today, 8:16 PM

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

BIDU

1 minute read

Alibaba Tech VP Mocks China’s Covid Policies; Clarifies Not Resigning

By Anusuya Lahiri

Today, 8:16 PM

Alibaba Group Holding Ltd’s (NYSE:BABA) VP of technology, Jia Yangqing, clarified that he did not resign from the company…

BABA

5 minute read

Weibo Plays With the Big Boys in Numbers, But Investors Still Worry

By The Bamboo Works

Today, 8:16 PM

Key takeaways: Weibo’s revenue rose above pre-pandemic levels last year, but its profitability lagged due to heavy spending The company trails Meta in its ability to monetize users, and is very much in the shadow of local rival WeChat in terms of total user numbers By Ken Lo

3 minute read

Are Investors Bullish On Chinese Stocks Again?

Today, 8:16 PM

A raft of regulations targeting a number of sectors — from technology to real estate and education — have hammered Chinese stocks late last year and into 2022, and although many economists remain bullish on Chinese stocks’ potential, Beijing’s relationship with the Kremlin is now weighing on investor appetite for Chinese shares.

BABA

2 minute read

12 Communication Services Stocks Moving In Thursday’s Pre-Market Session

By Benzinga Insights

Today, 8:16 PM

BAOS

2 minute read

News

Weibo Offers Update On Status Under Holding Foreign Companies Accountable Act: SEC Provisionally Named Co. As A Commission-Identified Issuer

By Benzinga Newsdesk

Today, 8:16 PM

Weibo Corporation ("Weibo" or the "Company") (NASDAQ:WB), a leading social media platform in China, today provides an update on its status under the Holding Foreign Companies Accountable Act (the