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Weibo Corporation's (NASDAQ:WB) Stock Price Dropped 3.3% Last Week; Private Companies Would Not Be Happy
Weibo | 6-K: Report of foreign private issuer (related to financial reporting)
WB-SW: DATE OF BOARD MEETING ANDDATE OF PUBLICATION OF THIRD QUARTER 2024FINANCIAL RESULTS ANNOUNCEMENT
Weibo Corporation to Report Third Quarter 2024 Financial Results on November 19, 2024
UBS Group: Mainland Internet industry cooperation to promote revenue and profit margin growth, expected industry P/E growth ratio rise to 1.3 times.
UBS Group's China internet research director Fang Jincang stated that participants in the mainland internet industry have been relatively optimistic about the industry's outlook in recent weeks. He explained that although macro policies continue to be implemented, it will take some time for consumer confidence to recover, but various departments at the central level are coordinating to stimulate the mainland economy.
US stock market outlook: Chinese assets collectively rise before the market! YINN surged more than 15%, bilibili rose more than 7%; Goldman Sachs: debt conversion is the first step in China's fiscal big move, which will stimulate economic growth.
Trump claimed to have received a 'plea for help' call from Cook, involving Apple being fined heavily by the European Union; Is there still an 'undercurrent' behind the bull market of US stocks? Goldman Sachs: The rise of the US dollar is a major threat; The gold price continues to hit new highs! As risk aversion heats up, spot gold rises above $2,700.
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