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Daily Journal press release (NASDAQ:DJCO): 1H GAAP EPS of -$15.16. Revenue of $22.45M (-8.0% Y/Y). For further details see: Daily Journal GAAP EPS of -$15.16, revenue of $22.45M
LOS ANGELES, May 12, 2022 (GLOBE NEWSWIRE) -- During the six months ended March 31, 2022, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $22,245,000 as compared with $24,390,000 in the prior year period. This decrease of $2,145,000 was primarily from decreases in (i) J...
For investors who take Charlie Munger’s action into their consideration, his Alibaba holdings now create some ambiguity. He doubled his stake in Alibaba twice in 2021 Q3 and 2021 Q4, but then the position was reduced by about a half according to the recent Daily Journal's 13F. ...
Alibaba (NYSE:BABA), JD.com (NASDAQ:JD) and Baidu (NASDAQ:BIDU) surged in premarket trading on Friday after a Chinese state-run news outlet reported that the Chinese government may end its regulatory crackdown on internet companies in an effort to help the suffering economy. The South China M...
Alibaba (NYSE:BABA), JD.com (NASDAQ:JD), Baidu (NASDAQ:BIDU) and a number of other Chinese tech stocks slumped early Monday after China's zero COVID policy became stricter, further intensifying lockdown's in the world's most populous country and sending markets spiraling around the world. The...
Alibaba (NYSE:BABA), JD.com (NASDAQ:JD) and Baidu (NASDAQ:BIDU) were among the U.S.-listed Chinese tech stocks that fell on Tuesday over worries amid more regulatory concerns that Beijing could crackdown on the country's live streaming industry. On Friday, the Central Cyberspace Administratio...
Recently the Daily Journal's 13F revealed that the company trimmed its Alibaba position by 50%. It isn't necessarily the case that former Chairman Charlie Munger sold due to weakening conviction on BABA stock itself. However, Munger IS out of the picture in one very real way: he i...
Charlie Munger’s Daily Journal Corporation slashed its stake in Alibaba in half. After the constant depreciation of Alibaba’s shares, it’s safe to say that Charlie Munger miscalculated the environment in which the company operates and how negatively it could impac...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. CPI Day Inflation watchers this morning will be eyeing the Labor Department's Consumer Price Index, which will be released at 8:30 a.m. ET. The CPI is expe...
Daily Journal (NASDAQ:DJCO) appointed Steven Myhill-Jones as its new Chairman and interim CEO, effective today, succeeding Gerald Salzman as CEO who is retiring after his 44+ years of dedicated and multi-faceted service to the company. Charles Munger will relinqu...
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2024-07-21 00:04:00 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...
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