NPSNY Stock Recent News

Naspers (NPSNY) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Naspers (NPSNY) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Tech has been by far the fastest-growing industry in the last two decades, with tech stocks driving a lot of the hype and enthusiasm in the stock market. For years now, tech has been the primary engine behind the broader market's gains.

Given the ongoing buybacks at all levels of the triad, we should expect Naspers to outperform Prosus and Tencent to underperform both. Yet this is not happening. In this article, I will investigate the underlying dynamics and propose a solution for the enigma.

A digital payments giant is refocusing its business model, which could drive growth and profitability. Despite widespread skepticism and the rise of AI, a leading freelance services platform remains a solid bet.

Naspers Limited (OTCPK:NPSNY) Q4 2023 Earnings Conference Call June 27, 2023 10:00 AM ET Company Participants Eoin Ryan - IR Bob van Dijk - CEO Basil Sgourdos - CFO Larry Illg - CEO, Prosus, Food Delivery & Edtech Ervin Tu - Group Chief Investment Officer Conference Call Participants Joseph Barnet-Lamb - Credit Suisse Cesar Tiron - Bank of America Christopher Johnen - HSBC William Packer - Exane BNP Paribas Andrew Ross - Barclays Lisa Yang - Goldman Sachs Catherine O'Neill - Citi Warwick Bam - RMB Morgan Stanley Silvia Cuneo - Deutsche Bank Operator Good day, ladies and gentlemen, and welcome to the Prosus Naspers FY ‘23 Results Call. All participants will be in listen-only mode and there will be an opportunity to ask questions later during the conference.

Naspers, Africa's most valuable tech company by market capitalization, has winded down the operations of its R1.4 billion (≈$100 million) South Africa-focused venture capital fund Naspers Foundry, according to local news outlet BusinessDay.

Prosus NV and its South African parent Naspers are cutting up to 30% of jobs at their corporate offices, the Dutch technology investor said.

Steven Romick (Trades, Portfolio) disclosed his portfolio for the fourth quarter of 2022 earlier this month.

Heading into the World Cup season, CNBC spoke to Josh Brown of Ritholtz Wealth Management on whether Visa or Microsoft will give investors a greater total return over the next 12 months. And James Demmert from Main Street Research gives his take on who's going to be the winner between Naspers and SoftBank.