NetEase Cloud Music and SM Entertainment Reach Preliminary Agreement to Continue Music Streaming

Yahoo FinanceJan 27 12:19

Express News | NetEase's "Egg Party" Server experienced abnormal fluctuations, official: has been repaired.

BreakingsJan 26 06:57

Nomura Adjusts Netease Price Target to $123 From $102, Maintains Buy Rating

MT NewswiresJan 24 20:19 · Ratings

Nomura raised the Target Price for NetEase (NTES.US) to $123 as the outlook for the Gaming business improves.

Nomura released a Research Report, maintaining a "Buy" rating for NetEase (NTES.US), with a target price raised from 102 USD to 123 USD, pointing out that NetEase's online Gaming business is recovering. It believes the bottom was reached in the third quarter of last year, and expects improved performance in the fourth quarter supported by the launch of new games and the normalization of the base effect from some flagship games. Nomura predicts that NetEase's revenue in the fourth quarter last year will reach 26.5 billion yuan, a year-on-year decrease of 2%, which is 3% lower than the general market expectations, while the Non-GAAP earnings per share is expected to grow 18% year-on-year, which is 6% higher than market expectations. This is expected alongside reduced marketing expenses and improved operating leverage.

AASTOCKSJan 24 12:21

U.S. stock market closing | All three major Indexes rose, with the S&P continuing to hit new highs; Nuclear Power stocks performed strongly, with OKLO and SMR rising over 13%; Meta rose over 2% to reach a record closing high.

Trump calls on the Federal Reserve to lower interest rates immediately. The chip Index and NVIDIA briefly fell over 2%, but ultimately NVIDIA turned to rise, while Tesla fell. Industrial stock Caterpillar boosted the Dow by 400 points. Quantum computing stock Quantum fell over 6%. Nuclear Power stock Oklo, held by Sam Altman, turned to rise over 13%. Electronic Arts Inc fell nearly 17%. After a 0.7% decline, the Chinese concept Index turned to rise, and TAL Education soared 21%.

Futu NewsJan 24 07:17

Express News | Open Source Securities: "King of Glory World" has been approved for release, continue to pay attention to the launch of leading new products.

BreakingsJan 23 19:45