Weibo Q1 Profit Falls
Weibo Corp. (WB) Thursday announced a sharp fall in first quarter earnings on lower revenues, compared to the prior year. Quarterly earnings were $49.44 million from $100.
Source: rttnews.com
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Weibo Beats Q1 Revenue And EPS Estimates Despite Yearly Decline - What's On The Cards? - iShares MSCI China Small-Cap ETF (ARCA:ECNS), Fidelity Metaverse ETF (NASDAQ:FMET)
Weibo Corp (NASDAQ: WB) beat Q1 2024 revenue and EPS estimates, despite a decline in ad and marketing revenues. Stock gained 2.14% premarket.
Source: benzinga.com
Chinese regulators ask some US-listed firms to prepare for audit disclosures
Chinese regulators ask some US-listed firms to prepare for audit disclosures : Rashtra News #Chinese #regulators #USlisted #firms #prepare #audit #disclosures Hong Kong/Beijing: Chinese regulators have asked some of the country's US-listed firms, including Alibaba, Baidu and JD.com, to prepare for more audit disclosures, sources said, as Beijing steps up efforts to ensure domestic companies
Source: rashtranews.com
Weibo Recovery Still In The Works Due To Soft Ad Revenue, Analyst No Longer Bullish - Weibo (NASDAQ:WB)
When Weibo Corp (NASDAQ: WB) reported mixed fourth-quarter results, the recovery in its advertising revenues was softer than anticipated in 2023.
Source: benzinga.com
China's $7 Trillion Crash Masks The Really Bad News
Beijing is on the lookout for anyone disseminating negative views on the country’s economic prospects. And it raises troubling questions as China’s influence soars.
Source: forbes.com