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Chinese regulators have cracked down on education companies, which has resulted in wide-scale panic selling by investors in all types of Chinese stocks. I doubt that it is in China's interest to hurt its tech giants too much, as those are important R&D powerhouses that create high...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Imagine owning a stock at $90 per share in February 2021, and then seeing that share price collapse to $4 over the next five months… Sounds like a nightmare, right? Well, that’s exactly what happened to sh...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Imagine owning a stock at $90 per share in February 2021, and then seeing that share price collapse to $4 over the next five months… Source: Shutterstock Sounds like a nightmare, right? Well, that’s ...
BABA has fallen 40% from all-time highs amidst the crash in Chinese tech stocks. As of the latest quarter, BABA had $139 billion of cash and investments - making over 25% of the market cap. With the stock trading at 18x trailing earnings and 13x net of cash and investments, is the...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Good morning and welcome to the stock market today! Everyone is buzzing about mask and vaccine mandates, and earnings season continues apace. So what else will the stock market do today? Source: Shutterstock The S...
BABA is stuck in the midst of increasingly challenging regulatory oversight in tech and could see more downside from recent initiatives. However, these risks have all been detailed in company filings and should not come as a surprise. Even so, BABA has not yet seen any impacts on ...
miljko/E+ via Getty Images TAL Education (TAL) rose 13% and New Oriental (EDU) climbed 5.5% in premarket trading after a report that TAL might be looking to adjust its business model after China said it would ban for-profit tutoring companies. Gaotu Techedu climbed 6.2%. TAL Ed...
miljko/E+ via Getty Images TAL Education (TAL) jumped 25%, New Oriental (EDU) rose 13% and Gaotu Techedu (GOTU) advanced 16% a day after the shares plunged after China confirmed it would ban for-profit school tutoring. TAL shares are down 73% since reports of a potential ban were re...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips When for-profit Chinese education firms Gaotu (NYSE: GOTU ), New Oriental (NYSE: EDU ) and TAL (NYSE: TAL ) dropped 60% last Friday on regulatory fears, “buy-the-dip” investors might have con...
nantonov/iStock Editorial via Getty Images Deal stocks Maxim Integrated (MXIM) and Xilinx (XLNX), both in transactions that require Chinese regulatory approval, are falling for a second day on concerns about China's recent regulatory crackdown and growing tensions with the U.S. Maxim, which i...
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Q2 production average of 18,290 bopd Exit June 2024 with total cash of $96 million Well 19H achieves initial production rates over 8,500 bopd PetroTal has now produced over 20 million barrels of oil since inception Calgary, Alberta and Houston, Texas--(Newsfile Corp. - July 11, 2024) - Pe...
TAL Education Group to Announce First Quarter of Fiscal Year 2025 Financial Results on August 1, 2024 PR Newswire BEIJING , July 3, 2024 /PRNewswire/ -- TAL Education Group ("TAL" or the "Company") (NYSE: TAL), a smart learning solutions provider in China , t...