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TAL Education (NYSE:TAL) is scheduled to announce FQ1 earnings results on Thursday, August 12th, before market open. The consensus EPS Estimate is -$0.02 vs. $0.18 year ago and the consensus Revenue Estimate is $1.29B (+41.7% Y/Y). The company has cancelled its earnings release last week due ...
Education stocks are in recovery mode as traders gauge if last week's selloff was overdone and if tighter COVID restrictions in China will benefit the sector. China regulatory concerns picked up again last week to wreak havoc in the sector. "In just three sessions, over $300 billion was wiped...
Gaotu's stock has suffered from a vertiginous fall just like other Chinese educational stocks, after a crackdown by the country's authorities. However, between strong rhetoric in a draft document and actual implementation in big China, there is likely to be a considerable time lag. ...
3 Hot Penny Stocks For Your Watchlist Right Now With August already off to a swift start, investors continue to look for the best penny stocks to buy. While it may seem, easy at first, there are a few nuances that investors should consider. First and foremost, traders need to have a tho...
Shares of New Oriental Education & Technology Group (NYSE: EDU) , the largest provider of private educational services in China, plunged by 73.5% in July, according to data provided by S&P Global Market Intelligence, after the Chinese government implemented new rules res...
The most bearish regulatory scenario has played itself out in the tutoring industry and EDU is likely to be one of the few survivors. It is time to understand what are the next steps for China’s policy on the education sector. We explore the hard and soft bans that other co...
China's recent capital market crackdown seems arbitrary but consistent. The Party's actions need to be viewed through the lens of geopolitics, domestic control, and culture. Investors need to pay heed to government's nationalistic agenda. For further details see: Chinese...
Alibaba is undoubtedly one of the best Chinese stocks to own with a fantastic business model. It is also rather evident how cheap the stock has become after multiple bouts of volatility and selloffs. Unfortunately, cheap valuations and solid fundamentals won’t cut it for no...
Chinese tutoring stocks including TAL Education (NYSE:TAL) gained possibly on reports that China is ordering mass testing in Wuhan due to a covid outbreak. TAL Education (TAL) rose 2.7%, New Oriental Education (NYSE:EDU) gained 1.6% and Gaotu Techedu (NYSE:GOTU) climbed 20...
Far from being a general crackdown on U.S. listed stocks, the action of the Chinese government seems to address the issues emanating from an unsustainable educational system. However, for those who are wondering what is coming next, it is not doomsday yet, as with scale in China and e...
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2024-07-11 02:02:00 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...
New Oriental to Report Fourth Quarter 2024 Financial Results on July 31, 2024 PR Newswire BEIJING , July 2, 2024 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provider of private ...
2024-06-21 04:20:00 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...