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Weibo Corporation (NASDAQ:WB ) Q1 2024 Results Conference Call May 23, 2024 7:00 AM ET Company Participants Sandra Zhang - Investor Relations Gaofei Wang - CEO & Director Fei Cao - Chief Financial Officer Conference Call Participants Felix Liu - UBS Daisy Chen - Haitong International Operator Good day, and thank you for standing by. Welcome to the Weibo Reports First Quarter 2024 Financial Results.

The headline numbers for Weibo (WB) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Weibo (WB) is today's morning trade for beginner, intermediate, and advanced options traders. Alan Knuckman demonstrates an example trade using Weibo.

Weibo NASDAQ: WB stock is deeply undervalued and ripe for a reversal. The stock is trading at only 5x its earnings, the lowest among China's social media operators, and analysts see nothing but upside.

A Chinese city in Gansu has gone viral over its version of a hotpot dish, known as malatang. It has even boosted shares of a local mushroom producer.

A supermarket job ad in China is generating buzz on Weibo because of an age requirement of between 18 and 30 years old. Get insight into some of the top stories in mainland Chinese papers and social media on "Bloomberg: The China Show".

While the top- and bottom-line numbers for Weibo Corporation (WB) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Investors have punished Warner Bros. Discovery (NASDAQ: WB), the conglomerate put together by merging the assets of Discovery and AT&T's Warner operations.

Weibo is an undervalued, dominant player in the Chinese social media market that happens to be a low-risk, high-uncertainty bet at current prices. The company can leverage AI and its vast amount of data to improve content and retain its KOLs. Weibo's CEO has successfully increased revenue and user base, but regulatory risks in China pose a potential challenge.

Weibo stock hits an all-time low after a BofA Securities downgrade, making it worth a look for value hunters. Basic thesis: Twitter-equivalent of China trading for sub-6 P/E with cash-rich balance sheet and huge investment portfolio relative to market cap. Risks: revenue headwinds from underperforming ad verticals, related party risks with parent company Sina Corp, and potential chilling effects from China's "real name" rule.