WEIBO CORP-SPON ADR (WB) Stock News
NASDAQ:WB - Nasdaq - US9485961018 - ADR - Currency: USD
WB Latest News, Press Relases and Analysis
China's BYD and Great Wall Motor clash over China's auto price war
Tensions between two of China's largest automakers erupted into the open on Friday when a BYD executive slammed as alarmist comments by the chief of Great Wall Motor that called the industry "unhealthy". Shares in Chinese automakers such as BYD, Nio and XPeng tumbled this week after the chairman of Great Wall Motor, Wei Jianjun, worried openly about China's deepening price war, with pricing pressure hammering the bottom lines of car companies and suppliers. In his remarks last Friday Wei even drew a parallel to Evergrande, saying that the industry had its own version of the Chinese property developer that was liquidated last year after a major debt crisis, but did not name any names.
China Hedge Fund Buying April Dip Extends Decade Gain to 1,485%
(Bloomberg) -- A Chinese hedge fund that bought the dip in April when the nation’s stocks plunged on fresh US tariffs has jumped 20% this year, extending its total return since inception a decade ago to 1,485%.Most Read from BloombergNYC Congestion Toll Brings In $216 Million in First Four MonthsNow With Colorful Blocks, Tirana’s Pyramid Represents a Changing AlbaniaThe Economic Benefits of Paying Workers to MoveNY Wins Order Against US Funding Freeze in Congestion FightWhy Arid Cities Should St
Jim Cramer on UnitedHealth Group (UNH): “I Have to Take a Pass”
We recently published a list of Jim Cramer Had These 21 Stocks on His Radar. In this article, we are going to take a look at where UnitedHealth Group Incorporated (NYSE:UNH) stands against other stocks that Jim Cramer discusses. A caller inquired if UnitedHealth Group Incorporated (NYSE:UNH) stock presents a buying opportunity or has it […]
Jim Cramer Worries About Salesforce (CRM)’s Announcement of Acquiring Informatica
We recently published a list of Jim Cramer Had These 21 Stocks on His Radar. In this article, we are going to take a look at where Salesforce, Inc. (NYSE:CRM) stands against other stocks that Jim Cramer discusses. When a caller mentioned that they own Salesforce, Inc. (NYSE:CRM) stock, Cramer said: “If Salesforce goes and […]
Jim Cramer on Broadcom Inc (AVGO): “This Stock Has Been a Horse”
We recently published a list of Jim Cramer Had These 21 Stocks on His Radar. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against other stocks that Jim Cramer discusses. When a caller expressed bullishness toward Broadcom Inc. (NASDAQ:AVGO), Cramer commented: “Broadcom is good, my friend. It’s […]
6 Financial Traps Middle Class People Fall Into in Their 20s
Your 20s can feel like a freeing time when the whole world is open to you, but these financial traps can derail your future. Here are the ones to look for.
Nextracker Expands in India After Surpassing 10 GW Milestone
On May 27, Nextracker Inc. (NASDAQ:NXT) announced it has surpassed 10 gigawatts (GW) of solar tracker deployments in India, marking a major milestone in the country’s accelerating clean energy adoption. To support its growth, Nextracker is expanding its footprint with a new 80,000 sq. ft. office and R&D facility in Hyderabad, reinforcing its commitment to […]
Weibo Announces First Quarter 2025 Unaudited Financial Results
/PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (Nasdaq: WB and HKEX: 9898), a leading social media in China, today announced its unaudited...
Weibo Beats Q1 Estimates But Benchmark Sees Growth Concerns
In light of Weibo Corporation (NASDAQ:WB)’s first-quarter 2025 release, Benchmark analysts maintained their Hold rating alongside a price target of $11.70 on the company’s shares, on May 24. Weibo Corporation (NYSE:WB) exceeded the consensus expectation of $0.40 by reporting adjusted earnings per share of $0.45. At $396.9 million, revenue was steady year-over-year and somewhat higher […]
iPhone Rumored to Get 200MP Camera Like Samsung's Galaxy S25 Ultra
Apple is testing a 200-megapixel camera sensor, according to Digital Chat Station, a user with a large following on Chinese social media platform...
Mentions: AAPL
Apple Rumored to Redesign the iPhone Every Year Through to 2027
Apple is reportedly preparing to implement significant iPhone hardware redesigns each year for the next three generations. According leaks from the...
Mentions: AAPL
China Summons Top Carmakers Over ‘Zero-Mileage’ Used Vehicles
China’s Ministry of Commerce is meeting with some of the country’s biggest automakers to discuss whether the industry is using a loophole to mask weakening sales.
Weibo Announces Results of 2025 Annual General Meeting
/PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB and HKEX: 9898), a leading social media in China, today announced that the following...
China's BYD sees shares plunge 8% as EV maker cuts prices
Citi estimates that BYD's price reduction may have seen a 30% to 40% spike in footfall at its dealership store on May 24 and 25, from the previous weekend.
Xiaomi To Start Selling Model Y Rival YU7 SUV In July: Retail Stays Bullish
The YU7 SUV is Xiaomi’s second car after the SU7 sedan and was launched as part of the company’s 15th anniversary celebration.
China’s Xiaomi claims new phone chip rivals Apple at a cheaper price
Chinese smartphone company Xiaomi is taking on Apple’s iPhone with an advanced chip and cheaper phone.
Chinese Giant Xiaomi Announces $6.9 Billion to Develop In-House Chips Amid US-China Trade Tensions
On May 19, Xiaomi (OTC:XIACF) CEO Lei Jun made a Weibo post announcing the company’s intention to invest at least 50 billion yuan, around $6.9 billion, in the development of its own chips over the next ten years. This move is part of the Chinese technology giant’s plans to expand its home-grown technology, spurred by […]
Mentions: AAPL
China's Twitter-Like Platform Weibo Keeps User Engagement High, Credits AI-Recommendation Engine
Weibo Corp (NASDAQ: WB) reported fiscal first-quarter results on Wednesday. The company reported quarterly revenue of $396.9 million, up 0.34% year-on-year, beating the analyst consensus estimate of $394.2 million. The Chinese microblogging social network company’s revenue grew 1% Y/Y on a constant basis. Adjusted EPS of 45 cents beat the analyst consensus estimate of 38 cents. Weibo’s advertising and marketing revenues were $339.1 million, flat Y/Y. Advertising and marketing revenues, excluding
China's Twitter-Like Platform Weibo Keeps User Engagement High, Credits AI-Recommendation Engine
Weibo Corp (WB) reported Q1 results, with revenue of $396.9 million, up 0.34% Y/Y. Adjusted EPS of 45 cents beat analyst estimate of 38 cents. MAUs were 591 million. CEO Wang focused on integrating social features and AI technology for product competitiveness and shareholder return.
Mentions: BABA
Nasdaq, S&P 500 Futures Lower After Market Snaps 6-Day Rally: Strategist Warns Tariff-Induced ‘Growth Scare’ Still In Play
On Tuesday, nine of the 11 sector classes closed in the red, with the defensive consumer staple, utility and healthcare stocks bucking the downtrend.
China's Xiaomi commits $6.9 billion to in-house chips
Xiaomi is set to unveil the Xring O1 on Thursday, a processor designed for its flagship smartphones.
Xiaomi Aims to Spend $7 Billion on Building Own Chip This Decade
Xiaomi Corp. is planning to invest at least 50 billion yuan ($6.9 billion) in developing its own mobile processor over a decade to grow its semiconductor clout, as major tech companies increasingly treat chip knowhow as strategically important.
Xiaomi's new EV orders slump in China as consumer backlash grows
SHANGHAI (Reuters) -China's Xiaomi is seeing a slump in new orders for its SU7 electric sedan, analysts said on Wednesday, as the company and its charismatic CEO grapple with a growing consumer backlash that now threatens its runaway sales success. But Xiaomi is now facing a wave of consumer angst that began last month following a fatal accident involving an SU7. The accident, which is still under investigation, prompted widespread public discussion over the safety of the kinds of smart driving features offered by Xiaomi.
What's Going On With NIO Stock On Tuesday?
NIO Inc. (NYSE:NIO) shares are trading lower on Tuesday. The firm revealed that its advanced steer-by-wire system, featured in the ET9 executive sedan, has secured a key regulatory approval in Europe, reports CnEV Post, citing a statement from CEO William Li on Weibo. This development positions the electric vehicle manufacturer as a global frontrunner in deploying next-generation driving technologies. The SBW technology on the ET9 has received the E-Mark certification under the United Nations Ec
China sees the U.S. trade deal as a huge win for Beijing
The sky-high tariffs imposed by President Donald Trump on imports from China have largely been rolled back temporarily under the trade agreement.
Hyundai Unveils First China Electric SUV to Take on Competition
Hyundai Motor Co. is set to launch its first battery electric vehicle specifically for the Chinese market as the carmaker seeks to counter local competition and reverse slumping sales.
US has approached China seeking talks on Trump tariffs, says state social media
Development may be indication China is softening on beginning negotiations over American 145% tariffs
US Needs Help in Trade War With China, Singh Says
Daleep Singh, a former deputy national security advisor to President Joe Biden and the PGIM fixed income vice chair and chief global economist, says China can withstand more economic pain than the United States. He says the US needs help from allies to "collectively tariff" China and further isolate them. He is on "Bloomberg Surveillance." (Source: Bloomberg)
US Has Reached Out to China to Initiate Tariff Talks, CCTV Says
US President Donald Trump’s administration has been seeking contact with Beijing to initiate talks on the massive tariffs Washington has imposed on China, according to a state-run media outlet.
iPhone 18 to Use High Performance Six-Channel Memory, Claims Leaker
Apple's iPhone 18 lineup will introduce a major leap in memory performance, according to new information shared today by Weibo-based leaker...
Mentions: AAPL