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Goldman Sachs analyst Christian Mueller-Glissmann said Thursday that unprofitable tech companies remain vulnerable to further selling, despite the massive declines that have taken place so far in 2022. Speaking to CNBC, the head of asset allocation research at Goldman Sachs argued that ...
Tencent ( OTCPK:TCEHY ) and TikTok parent ByteDance ( BDNCE ) have started to lay off employees in China as growth stalls, impacting thousands of employees, according to The Wall Street Journal . The news outlet, citing current and former employees, noted that this is th...
Bilibili ( NASDAQ: BILI ) announced that at its AGM all the proposed resolutions set out were duly passed. Shareholders approved the proposed conversion to primary listing on the Hong Kong Stock Exchange, effectively from Oct.3, 2022, wherein the company will continue to m...
SHANGHAI, China, June 30, 2022 (GLOBE NEWSWIRE) -- Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced that its annual general meeting (the ȁ...
Bilibili (NASDAQ: BILI) -- famously dubbed the YouTube of China -- ended 2021 with record-high user numbers. This trend has continued in 2022 as it grew average monthly active users (MAUs) to another high of 294 million in the first quarter. While Bilibli's user growth is impres...
Chinese Internet stocks joined in a broad rally across Wall Street Tuesday as much of the sector rose following what was seen as a moderately upbeat assessment of China's consumer sentiment. Over the weekend, China completed what is known as its "618" shopping season which covers the first 18...
Revlon REV +78% spikes as Indian conglomerate reportedly eyes buyout. Blackboxstocks (BLBX) +21%. Kazia Therapeutics (KZIA) +14% as US FDA awards orphan drug designation to Paxalisib for AT/RT. Alibaba Group Holding BABA +10% on report China PBOC accepts Ant applicati...
Chinese tech stocks, by no real fault of their own, slumped Thursday as the likes of Alibaba (NYSE:BABA), JD.com (NASDAQ:JD) and Baidu (NASDAQ:BIDU) were mired in the red amid widespread selling on Wall Street brought on by growing fears that the U.S. economy is on the way towards going into ...
Bilibili’s first-quarter revenue jumped by 30%, but a big rise in operating costs swelled its net loss by 152%. The company made progress on commercialization as monthly users who pay for its services rose above 27 million in the quarter, with a paying user ratio of 9.3%. S...
Shares of Alibaba (NYSE: BABA) , JD.com (NASDAQ: JD) , and Bilibili (NASDAQ: BILI) rose strongly Tuesday, up 6.6%, 6.6%, and 9.3%, respectively, as of 1:51 p.m. ET, during a relatively flat session for U.S. markets. Like other risk assets, Chinese stocks sold off...
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2024-07-10 11:15:02 ET Goldman Sachs analyst issues NEUTRAL recommendation for BILI on July 10, 2024 09:40AM ET. The previous analyst recommendation was Neutral. BILI was trading at $16.925 at issue of the analyst recommendation. The overall analyst consensus : BUY. ...
2024-06-27 10:47:03 ET Walgreens Boots Alliance Inc (WBA) WBA is trading DOWN for the last 4 days, and it at trading at $11.80 with volume of 63,043,004 and a one day change of $-3.87 (-24.68%). Walgreens Boots Alliance Inc has a 52-week low of 14.62 and a 52-week high of $31.88. Th...
2024-06-20 03:18:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...