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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.
Weibo Corporation, a major player in Chinese social media, saw it American-listed shares drop nearly 11% in the wake of its recent announcement of a $300 million convertible senior notes offering. The move to secure additional capital has triggered concerns among investors, leading to a sell-off in Weibo's shares.
South Korean powerhouse T1 take on China's Weibo Gaming in the League of Legends world final in Seoul on Sunday, aiming for a record fourth win in an event widely known as the Super Bowl of e-sports.
While the top- and bottom-line numbers for Weibo Corporation (WB) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.