Meta’s Biggest Rival Posts Visible Success On Gaming Foray Despite Bigger Rivals Like Tencent, NetEase
TikTok parent ByteDance Ltd’s gaming foray exudes promise as spending across its mobile titles grew over the past year, according…
9 Communication Services Stocks With Whale Alerts In Today’s Session
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.
Here’s How Much $100 Invested In NetEase 15 Years Ago Would Be Worth Today
NetEase (NASDAQ:NTES) has outperformed the market over the past 15 years by 19.2% on an annualized basis producing an average annual return of 25.44%. Currently, NetEase has a market capitalization of $67.14 billion.
NetEase Shares Gain Post Q1 On Solid Contributions From Steady Online Game Services
NetEase, Inc (NASDAQ:NTES) reported first-quarter FY22 revenue growth of 14.8% year-on-year to $3.7 billion. Segments and margins: Online game services revenues grew…
Earnings Scheduled For May 24, 2022
Companies Reporting Before The Bell
• Elbit Systems (NASDAQ:ESLT) is estimated to report quarterly earnings at $1.89 per share on revenue of $1.26 billion.
Shrinking Tencent Music Looks for Sustainable Business Model
Key Takeaways:
Tencent Music’s revenue and profit fell 15% and 34%, respectively, in the first quarter, after the company was ordered to stop its anti-competitive practices last year
Alibaba, Other Chinese Stocks Pop As China’s Top Economic Official Expresses Support For Digital Platform Ahead Of 2022 Election
China’s top economic official offered an unusually public show of support for digital platform companies hinting toward possible…
Here’s Why JPMorgan Upgraded Alibaba, Other Chinese Stocks Months After Calling Them ‘Uninvestable’
JP Morgan Chase & Co (NYSE:JPM) upgraded multiple Chinese internet companies, including Alibaba Group Holding Limited (NYSE: BABA) and Tencent Holding Ltd (OTC: TCEHY), to…
