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    19:42:54 PM 05/13/2021
    Summary :
    Average return is up 9.3%
    Median return is up 10.6%
    6 out of 7 stocks are up (limited to those with intraday pricing feeds).
    Today News :
    18:17:00 PM 05/13/2021GME
    AMC soars and this time GameStop follows as meme stocks get squeezed hard
    Meme stocks are playing role reversal with AMC Entertainment’s Thursday short squeeze pulling up shares in retail stock GameStop too.
    17:54:19 PM 05/13/2021GME
    Column: Bitcoin, dogecoin, NFTs, GameStop — is this the peak of investment absurdity?
    Has any era given birth to more dubious investment mechanisms than today?
    00:00:00 AM 05/13/2021GME
    Hargreaves revenues rise on back of GameStop trading
    Hargreaves Lansdown’s revenues rose by more than a fifth in the first four months of the year, bolstered by record share trading as British retail investors joined the buzz of activity around US stocks including GameStop. The UK’s largest trading platform reported that its clients made 6m share deals in the first four months of the year, up from 4m in the same span in 2020, helping to lift its revenues 22 per cent to £233m. It extends its first-quarter reporting period to include the busy period for client activity around the end of the tax year in April.
    18:30:43 PM 05/13/2021AMC
    Meme Traders Again Try to Push AMC Entertainment to the Moon
    (Bloomberg) -- AMC Entertainment Holdings Inc. rallied for a fifth straight day as retail investors flood chatrooms and social-media platforms trying again to pump up the movie theater’s shares.#AMCSqueeze trended on Twitter, and Reddit users cheered each other’s diamond hands for continuing to pile into the company, which, alongside GameStop Corp., became the face of meme stocks in January.The Leawood, Kansas-based company spiked 33% to $13.75 at 2:13 p.m. in New York, more than doubling gains even after AMC announced it had raised about $428 million by selling shares.The movie theater chain wasn’t alone in staging a rally on Thursday as a handful of retail-trader favorites soared after a Robinhood blog post said users can now exercise options contracts in the app. GameStop spiked as much as 15%, while headphone maker Koss Corp. surged as much as 25% and Express Inc. jumped 19%.AMC’s five-day rally has stood out as stocks broadly fall amid inflation fears. It has risen roughly 50%, compared with a 6.2% decline for an equally weighted Bloomberg basket of companies that Robinhood Markets restricted trading of during the meme-stock craze early this year.Its winning streak comes after an eight-day slump that ended just as it reported first-quarter results which revealed a wider-than-expected loss. Still Chief Executive Officer Adam Aron struck an upbeat note on the earnings conference call, saying the internet traders who pushed the company’s stock price this year had given him more confidence for the year ahead. AMC is up more than 500% in 2021.There were approximately 133,000 Reddit interactions for the term AMC over the past week, according to Facebook’s CrowdTangle data tool.(Updates with peer movement and Robinhood update in fourth paragraph, freshens share movement throughout.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
    17:41:24 PM 05/13/2021AMC
    Why AMC Entertainment Stock Was Soaring Today
    Shares of AMC Entertainment Holdings (NYSE: AMC) were moving higher today as meme stocks rallied again, although there was no news about the movie theater operator. As of noon EDT on Thursday, the stock was up 14.1% on its highest volume in over a month. At the same time, GameStop, another popular meme stock, had gained 4.7%.
    17:19:31 PM 05/13/2021AMC
    AMC cashes in on Reddit-trading frenzy with $428 million share sale
    The world's largest cinema chain operator's shares have gained more than five-folds in 2021 thanks to interest from amateur traders on Reddit that were piling into heavily shorted stocks such as GameStop Corp and AMC to punish hedge funds that bet against them. AMC said in a statement on Thursday it had sold 43 million shares at an average price of $9.94 apiece in the at-the-market offering, sending its stock nearly 16% higher.
    17:17:27 PM 05/13/2021AMC
    AMC cashes in on Reddit-trading frenzy with $428 mln share sale
    Cinema operator AMC Entertainment Holdings Inc has raised about $428 million from a share sale, capitalizing on the retail-trading driven surge in its stock earlier this year. The world's largest cinema chain operator's shares have gained more than five-folds in 2021 thanks to interest from amateur traders on Reddit that were piling into heavily shorted stocks such as GameStop Corp and AMC to punish hedge funds that bet against them. AMC said in a statement on Thursday it had sold 43 million shares at an average price of $9.94 apiece in the at-the-market offering, sending its stock nearly 16% higher.
    15:42:00 PM 05/13/2021AMC
    AMC Entertainment Holdings, Inc. Completes 43 Million Share At-The-Market Equity Offering and Raises $428 Million in Additional Equity Capital
    AMC Entertainment Holdings, Inc. Completes 43 Million Share At-The-Market Equity Offering and Raises $428 Million in Additional Equity Capital
    13:58:00 PM 05/13/2021AMC
    AMC Soars After Raising $428 Million in Share Offering
    AMC, the world's largest movie theater chain, completes an offering of 43 million shares at an average price of $9.94 a share.
    12:48:14 PM 05/13/2021AMC
    12:43:00 PM 05/13/2021AMC
    1 Thing You Must Know From AMC's Earnings Report
    AMC Entertainment Holdings (NYSE: AMC) is having a hard time bouncing back from the adverse financial effects of the coronavirus pandemic. Last year, the movie theater chain had to shut its doors, cutting off nearly 100% of its revenue. In addition, the extended shutdown is raising liquidity problems at AMC.
    11:00:00 AM 05/13/2021AMC
    2 Overhyped Stocks to Sell Right Now
    Movie theater operator AMC Entertainment (NYSE: AMC) and cryptocurrency exchange Coinbase (NASDAQ: COIN) are super popular right now, ranking among the top-100 widely held stocks on the Robinhood trading platform. While the U.S. COVID-19 vaccine rollout will encourage more Americans to return to theatres, AMC shareholders are still in big trouble. To make matters worse, AMC is at the losing end of the film industry's transition to streaming.
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    19:42:26 PM 05/13/2021
    Summary :
    Average return is up 8.6%
    Median return is up 5.9%
    6 out of 6 stocks are up (limited to those with intraday pricing feeds).
    Today News :
    18:30:43 PM 05/13/2021AMC
    Meme Traders Again Try to Push AMC Entertainment to the Moon
    (Bloomberg) -- AMC Entertainment Holdings Inc. rallied for a fifth straight day as retail investors flood chatrooms and social-media platforms trying again to pump up the movie theater’s shares.#AMCSqueeze trended on Twitter, and Reddit users cheered each other’s diamond hands for continuing to pile into the company, which, alongside GameStop Corp., became the face of meme stocks in January.The Leawood, Kansas-based company spiked 33% to $13.75 at 2:13 p.m. in New York, more than doubling gains even after AMC announced it had raised about $428 million by selling shares.The movie theater chain wasn’t alone in staging a rally on Thursday as a handful of retail-trader favorites soared after a Robinhood blog post said users can now exercise options contracts in the app. GameStop spiked as much as 15%, while headphone maker Koss Corp. surged as much as 25% and Express Inc. jumped 19%.AMC’s five-day rally has stood out as stocks broadly fall amid inflation fears. It has risen roughly 50%, compared with a 6.2% decline for an equally weighted Bloomberg basket of companies that Robinhood Markets restricted trading of during the meme-stock craze early this year.Its winning streak comes after an eight-day slump that ended just as it reported first-quarter results which revealed a wider-than-expected loss. Still Chief Executive Officer Adam Aron struck an upbeat note on the earnings conference call, saying the internet traders who pushed the company’s stock price this year had given him more confidence for the year ahead. AMC is up more than 500% in 2021.There were approximately 133,000 Reddit interactions for the term AMC over the past week, according to Facebook’s CrowdTangle data tool.(Updates with peer movement and Robinhood update in fourth paragraph, freshens share movement throughout.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
    17:41:24 PM 05/13/2021AMC
    Why AMC Entertainment Stock Was Soaring Today
    Shares of AMC Entertainment Holdings (NYSE: AMC) were moving higher today as meme stocks rallied again, although there was no news about the movie theater operator. As of noon EDT on Thursday, the stock was up 14.1% on its highest volume in over a month. At the same time, GameStop, another popular meme stock, had gained 4.7%.
    17:19:31 PM 05/13/2021AMC
    AMC cashes in on Reddit-trading frenzy with $428 million share sale
    The world's largest cinema chain operator's shares have gained more than five-folds in 2021 thanks to interest from amateur traders on Reddit that were piling into heavily shorted stocks such as GameStop Corp and AMC to punish hedge funds that bet against them. AMC said in a statement on Thursday it had sold 43 million shares at an average price of $9.94 apiece in the at-the-market offering, sending its stock nearly 16% higher.
    17:17:27 PM 05/13/2021AMC
    AMC cashes in on Reddit-trading frenzy with $428 mln share sale
    Cinema operator AMC Entertainment Holdings Inc has raised about $428 million from a share sale, capitalizing on the retail-trading driven surge in its stock earlier this year. The world's largest cinema chain operator's shares have gained more than five-folds in 2021 thanks to interest from amateur traders on Reddit that were piling into heavily shorted stocks such as GameStop Corp and AMC to punish hedge funds that bet against them. AMC said in a statement on Thursday it had sold 43 million shares at an average price of $9.94 apiece in the at-the-market offering, sending its stock nearly 16% higher.
    15:42:00 PM 05/13/2021AMC
    AMC Entertainment Holdings, Inc. Completes 43 Million Share At-The-Market Equity Offering and Raises $428 Million in Additional Equity Capital
    AMC Entertainment Holdings, Inc. Completes 43 Million Share At-The-Market Equity Offering and Raises $428 Million in Additional Equity Capital
    13:58:00 PM 05/13/2021AMC
    AMC Soars After Raising $428 Million in Share Offering
    AMC, the world's largest movie theater chain, completes an offering of 43 million shares at an average price of $9.94 a share.
    12:48:14 PM 05/13/2021AMC
    12:43:00 PM 05/13/2021AMC
    1 Thing You Must Know From AMC's Earnings Report
    AMC Entertainment Holdings (NYSE: AMC) is having a hard time bouncing back from the adverse financial effects of the coronavirus pandemic. Last year, the movie theater chain had to shut its doors, cutting off nearly 100% of its revenue. In addition, the extended shutdown is raising liquidity problems at AMC.
    11:00:00 AM 05/13/2021AMC
    2 Overhyped Stocks to Sell Right Now
    Movie theater operator AMC Entertainment (NYSE: AMC) and cryptocurrency exchange Coinbase (NASDAQ: COIN) are super popular right now, ranking among the top-100 widely held stocks on the Robinhood trading platform. While the U.S. COVID-19 vaccine rollout will encourage more Americans to return to theatres, AMC shareholders are still in big trouble. To make matters worse, AMC is at the losing end of the film industry's transition to streaming.
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    19:42:52 PM 05/13/2021
    Summary :
    Average return is up 4.6%
    Median return is up 5.0%
    24 out of 26 stocks are up (limited to those with intraday pricing feeds).
    Today News :
    06:55:47 AM 05/13/2021CCS
    I Ran A Stock Scan For Earnings Growth And Century Communities (NYSE:CCS) Passed With Ease
    For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
    07:14:14 AM 05/13/2021CHCI
    Can You Imagine How Jubilant Comstock Holding Companies' (NASDAQ:CHCI) Shareholders Feel About Its 247% Share Price Gain?
    When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...
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    Summary :
    Average return is up 4.4%
    Median return is up 2.8%
    4 out of 5 stocks are up (limited to those with intraday pricing feeds).
    Today News :
    14:49:15 PM 05/13/2021BBY
    Better Buy: Amazon vs. Best Buy
    The answer on which of these two retail giants is a better investment isn't as simple as it was a decade ago.
    13:27:00 PM 05/13/2021GOED
    1847 Goedeker and Appliances Connection Announce Record First Quarter 2021 Results with Combined Revenue of $123M, Pro Forma Net Income of $13M and Adjusted EBITDA of $14.7M
    1847 Goedeker Inc. (NYSE American: GOED) ("Goedekers" or the "Company"), a one-stop e-commerce destination for appliances and furniture, and Appliances Connection, a leading appliance retailer under a definitive agreement to be acquired by the Company, today reported financial results for the first quarter ended March 31, 2021.
    18:17:00 PM 05/13/2021GME
    AMC soars and this time GameStop follows as meme stocks get squeezed hard
    Meme stocks are playing role reversal with AMC Entertainment’s Thursday short squeeze pulling up shares in retail stock GameStop too.
    17:54:19 PM 05/13/2021GME
    Column: Bitcoin, dogecoin, NFTs, GameStop — is this the peak of investment absurdity?
    Has any era given birth to more dubious investment mechanisms than today?
    00:00:00 AM 05/13/2021GME
    Hargreaves revenues rise on back of GameStop trading
    Hargreaves Lansdown’s revenues rose by more than a fifth in the first four months of the year, bolstered by record share trading as British retail investors joined the buzz of activity around US stocks including GameStop. The UK’s largest trading platform reported that its clients made 6m share deals in the first four months of the year, up from 4m in the same span in 2020, helping to lift its revenues 22 per cent to £233m. It extends its first-quarter reporting period to include the busy period for client activity around the end of the tax year in April.
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    19:42:28 PM 05/13/2021
    Summary :
    Average return is up 4.0%
    Median return is up 3.4%
    4 out of 4 stocks are up (limited to those with intraday pricing feeds).
    Today News :
    Visit detail analyses
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    19:42:25 PM 05/13/2021
    Summary :
    Average return is up 3.9%
    Median return is up 4.1%
    5 out of 5 stocks are up (limited to those with intraday pricing feeds).
    Today News :
    12:54:56 PM 05/13/2021TSM
    Parts of Taiwan Go Dark After Plant Failure Triggers Outage
    (Bloomberg) -- Major cities across Taiwan, home to some of the world’s biggest chip industry players, were hit by a widespread power outage Thursday after a power station in the southern city of Kaohsiung suddenly went offline.The outage hit parts of Taipei and Kaohsiung as well as Tainan, home to a science park housing facilities of companies such as Taiwan Semiconductor Manufacturing Co. and Innolux Corp., according to the Taipei-based Apple Daily newspaper. Taipower, the nation’s major provider of electricity, said power supply returned to normal at 8:00 p.m. local time.Some TSMC facilities experienced a brief power dip but the power supply is currently normal, the company said in an emailed statement. Operations at ASE Technology Holding Co., the world’s largest chip packaging and testing services provider, had been affected, the company said in a text message, but the full impact was yet to be determined.All three major science parks throughout Taiwan were at least partly impacted, the Ministry of Science and Technology said in a statement. Employees and shoppers reported outages had affected offices and department stores in Taipei City.Four units at the Hsinta plant coal- and gas-fired plant stopped generating power shortly after 2:30 p.m., according to a text message from the government’s public warning system. Taiwan’s water shortage was one of the key reasons behind the slow return of power, Economics Minister Wang Mei-hua said at a briefing late on Thursday.Almost 6.2 million households would be affected by three rounds of power cuts between 3pm and 5:30pm, the state-run utility Taiwan Power Co. said in a text message.(Updates with Taipower resuming supply in second paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
    08:55:42 AM 05/13/2021TSM
    UPDATE 4-Taiwan's TSMC says suffered a brief power dip, electricity now restored
    Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's biggest contract chipmaker, said some of its facilities experienced a "brief power dip" on Thursday after an island-wider power outage, raising concerns that a global chip shortage could worsen. Officials at three major science parks in Hsinchu, Tainan and Taichung, where TSMC , and other semiconductor firms all have large operations, told Reuters there was no impact on the operations of the chipmakers. Shares in TSMC traded up 0.016% in New York.
    08:43:12 AM 05/13/2021TSM
    Taiwan's TSMC says suffered a brief power dip, electricity now restored
    TAIPEI (Reuters) -Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's biggest contract chipmaker, said some of its facilities experienced a "brief power dip" on Thursday after an island-wider power outage, raising concerns that a global chip shortage could worsen. Officials at three major science parks in Hsinchu, Tainan and Taichung, where TSMC, and other semiconductor firms all have large operations, told Reuters there was no impact on the operations of the chipmakers. Shares in TSMC traded up 0.016% in New York.
    07:21:51 AM 05/13/2021TSM
    Korea Unveils $450 Billion Push for Global Chipmaking Crown
    (Bloomberg) -- South Korea unveiled ambitious plans to spend roughly $450 billion to build the world’s biggest chipmaking base over the next decade, joining China and the U.S. in a global race to dominate the key technology.Samsung Electronics Co. and SK Hynix Inc. will lead more than 510 trillion won of investment in semiconductor research and production in the years to 2030 under a national blueprint devised by President Moon Jae-in’s administration. They’ll be among 153 companies fueling the decade-long push, intended to safeguard the nation’s most economically crucial industry. Moon got a briefing from chip executives on the initiative Thursday during a visit to the country’s most advanced chip factory, a Samsung plant south of Seoul.Samsung is boosting its spending by 30% to $151 billion through 2030 while Hynix is committing $97 billion to expansion at existing facilities in addition to its $106 billion plan for four new plants in Yongin, co-Chief Executive Officer Park Jung-ho said during the event.“Major global competitors are pressing ahead with massive investment to be the first to take the future market,” Moon said in a speech. “Our companies have been taking risks and innovating as well and have completed preparations for tumultuous times.”The effort comes at a time when the U.S., China and the European Union seek to shore up their semiconductor capabilities after a global chip shortage exposed a reliance on just a handful of Asian manufacturers and hobbled efforts to repair pandemic-scarred economies. The shortages are now spreading from autos to smartphones and displays, elevating semiconductors onto the agendas of governments from Washington to Brussels and Beijing.At stake is a technology fundamental to groundbreaking advances from artificial intelligence to autonomous vehicles and connected homes. South Korea, a security ally of the U.S. and a major exporter to China, has been walking a tightrope between the two while bolstering its own production prowess. Semiconductors account for the largest share of South Korea’s exports and chip exports are expected to double to $200 billion by 2030, the Ministry of Trade, Industry and Energy said.Read more: Biden Finds a Key Ally Wary of His Bid to Outpace China on ChipsLikening semiconductors to rice -- a global dietary staple -- the ministry called them “strategic weapons” in a race for superior technology intensifying among not just firms but also nations.The government seeks to build a “K-semiconductor belt” that stretches dozens of kilometers south of Seoul and brings together chip designers, manufacturers and suppliers, according to the ministry.Samsung and Hynix make the majority of the world’s memory chips, basic semiconductors that handle storage for all devices. But one area South Korea has been lagging in is the ability to produce advanced logic chips that handle complex calculations for tasks like AI and data processing, a specialty dominated by Taiwan Semiconductor Manufacturing Co., which makes Apple Inc.’s iPhone processors. Samsung aims to compete more aggressively in this area, securing some of Nvidia Corp.’s graphics card business and pursuing a bigger share of Qualcomm Inc.’s mobile chips. Hynix too has announced ambitions to get into logic chips.Read more: Data Centers Doubling Is Next Driver of Chip Demand, Hynix SaysThe Korean government will incentivize its domestic industry with tax breaks, lower interest rates, eased regulations and reinforced infrastructure, hoping to see its chipmakers make up the distance from the global leaders, the ministry said. The government will also secure adequate water supply for the next 10 years in the targeted region and reinforce power supplies, both essential to advanced chipmaking factories.Korea’s blueprint echoes efforts underway around the world. President Joe Biden wants to dedicate $50 billion to U.S. semiconductor research and production, part of an overall ambition to safeguard America’s supply chains. And China has earmarked hundreds of billions of dollars toward developing its own chipmaking industry, wary of a reliance on Western-designed imports.South Korea also aims to attract additional foreign investment in advanced technology. Dutch semiconductor equipment maker ASML Holdings NV signaled it intends to spend 240 billion won to build a training center in Hwaseong while California-based Lam Research Corp. plans to double its capacity in the country, the ministry said.”South Korea is essentially beckoning global suppliers to come and work with its homegrown chipmakers so it can build an ecosystem on its soil rather than see them relocate to the U.S. and elsewhere,” said Kim Yang-paeng, semiconductor analyst at the Korea Institute for Industrial Economics and Trade. “Broadening its investment to foundries and logic chips also guarantees that it has something to fall back on should anything go wrong with the memory chip industry that it’s dominant in.”In terms of direct contributions, the country wants to help train 36,000 chip experts between 2022 and 2031, contribute 1.5 trillion won toward chip research and development and will start discussing legislation tailored to assist the semiconductor industry.(Updates with quotes from president and analyst from fourth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
    12:56:12 PM 05/13/2021AMAT
    The Zacks Analyst Blog Highlights: QUALCOMM, Applied Materials, General Motors, Sony and Marathon Petroleum
    The Zacks Analyst Blog Highlights: QUALCOMM, Applied Materials, General Motors, Sony and Marathon Petroleum
    12:21:03 PM 05/13/2021LRCX
    Dow Jones Futures: Market Rally At Key Level As Inflation Fears Intensify Sell-Off; Bitcoin Plunges On Tesla Move
    The market rally is at a critical juncture as inflation fears intensify the sell-off. Bitcoin extended losses late on a Tesla move. Apple and Microsoft broke support.
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    19:42:48 PM 05/13/2021
    Summary :
    Average return is up 3.9%
    Median return is up 3.2%
    7 out of 9 stocks are up (limited to those with intraday pricing feeds).
    Today News :
    10:30:00 AM 05/13/2021VRS
    Verso Corporation Announces Commencement of $55.0 Million Modified Dutch Auction Tender Offer for its Class A Common Stock
    Verso Corporation (NYSE: VRS) today announced that it is commencing a "modified Dutch auction" tender offer to purchase for cash shares of its Class A common stock, par value $0.01 per share (the "Shares"), for an aggregate purchase price of not more than $55.0 million.
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    19:42:55 PM 05/13/2021
    Summary :
    Average return is up 3.6%
    Median return is up 2.8%
    31 out of 32 stocks are up (limited to those with intraday pricing feeds).
    Visit detail analyses
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    19:42:21 PM 05/13/2021
    Summary :
    Average return is up 3.4%
    Median return is up 3.0%
    5 out of 5 stocks are up (limited to those with intraday pricing feeds).
    Today News :
    Visit detail analyses
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    19:42:52 PM 05/13/2021
    Summary :
    Average return is up 3.4%
    Median return is up 3.3%
    50 out of 54 stocks are up (limited to those with intraday pricing feeds).
    Today News :
    12:00:00 PM 05/13/2021BLD
    TopBuild to Participate in Fireside Chat at J.P. Morgan’s Homebuilding and Building Products Conference
    Thursday, May 20 at 2:00 p.m. Eastern TimeDAYTONA BEACH, Fla., May 13, 2021 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer and distributor of insulation and building material products to the U.S. construction industry, announced that Robert Buck, President and Chief Executive Officer, and John Peterson, Chief Financial Officer, will participate in a live fireside chat at J.P. Morgan’s Homebuilding and Building Products Conference on Thursday, May 20, at 2:00 p.m. Eastern Time. The 35-minute presentation will be webcast. To listen to the live webcast select the link below or go to the Investor Relations section of TopBuild’s website at www.topbuild.com. https://jpmorgan.metameetings.net/events/homebuilding21/sessions/38034-topbuild-corp/webcast?gpu_only=true&kiosk=true About TopBuildTopBuild Corp., a Fortune 1000 Company headquartered in Daytona Beach, Florida, is a leading installer and distributor of insulation and building material products to the U.S. construction industry. We provide insulation and building material services nationwide through TruTeam®, which has approximately 200 branches, and through Service Partners® which distributes insulation and building material products from approximately 75 branches. We leverage our national footprint to gain economies of scale while capitalizing on our local market presence to forge strong relationships with our customers. To learn more about TopBuild please visit our website at www.topbuild.com. Investor Relations and Media ContactTabitha Zanetabitha.zane@topbuild.com386-763-8801
    06:55:47 AM 05/13/2021CCS
    I Ran A Stock Scan For Earnings Growth And Century Communities (NYSE:CCS) Passed With Ease
    For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
    07:14:14 AM 05/13/2021CHCI
    Can You Imagine How Jubilant Comstock Holding Companies' (NASDAQ:CHCI) Shareholders Feel About Its 247% Share Price Gain?
    When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...
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    19:42:53 PM 05/13/2021
    Summary :
    Average return is down -6.1%
    Median return is down -5.4%
    11 out of 14 stocks are down.
    Today News :
    18:45:00 PM 05/13/2021EBON
    The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of SOS, EBON and EBS
    NEW YORK, NY / ACCESSWIRE / May 13, 2021 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit.
    18:06:00 PM 05/13/2021EBON
    EBON INVESTORS ACT NOW: Contact HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, to Recover Losses Due to Alleged Securities Fraud
    SAN FRANCISCO, May 13, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Ebang International Holdings (NASDAQ: EBON) investors with significant losses to submit your losses now. The firm is investigating possible securities fraud and certain investors may have valuable claims. Class Period: June 26, 2020 – Apr. 5, 2021Lead Plaintiff Deadline: June 7, 2021Visit: www.hbsslaw.com/investor-fraud/EBONContact An Attorney Now:EBON@hbsslaw.com 844-916-0895 Ebang International Holdings (NASDAQ: EBON) Securities Class Action: The investigation focuses on the accuracy of Ebang’s statements concerning its use of capital raised from investors and its claim to be a leading manufacturer of bitcoin mining machines. More specifically, over the past year, Ebang raised approximately $374 million from investors in public offerings and represented it would use these proceeds to “further expand our operations” in cryptocurrency mining, exchange platforms, and general corporate purposes. These statements were brought into question on Apr. 6, 2021, when analyst Hindenburg Research published a scathing report entitled “Ebang: Yet Another Crypto ‘China Hustle’ Absconding With U.S. Investor Cash.” According to Hindenburg, the company directed much of the cash out of the company through a series of opaque deals with entities linked to Ebang’s Chairman/CEO and its underwriter. Specifically, Hindenburg concludes the company directed (1) $103 million into bond purchases linked to its underwriter which has a track record of fraud allegations levied against it, and (2) $21 million to a relative of its Chairman/CEO coincident with raising that amount from investors. Hindenburg also concludes Ebang is not a leading bitcoin mining machine producer, only sold a pittance compared to other large Chinese producers, and is slated for a 97% decline in such sales for FY 2020. In response, the price of Ebang shares declined sharply. “We’re focused on investors’ losses and whether Ebang lied to investors about its true operations and use of capital,” said Reed Kathrein, the Hagens Berman partner leading the investigation. If you are an Ebang investor and have significant losses, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman. Whistleblowers: Persons with non-public information regarding Ebang should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email EBON@hbsslaw.com. About Hagens BermanHagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw. Contact: Reed Kathrein, 844-916-0895
    15:13:00 PM 05/13/2021EBON
    EBON LAWSUIT: The Law Offices of Vincent Wong Notify Investors of a Class Action Lawsuit Involving Ebang International Holdings Inc.
    New York, New York--(Newsfile Corp. - May 13, 2021) - The Law Offices of Vincent Wong announce that a class action lawsuit has commenced in the on behalf of investors who purchased Ebang International Holdings Inc. ("Ebang International") (NASDAQ: EBON) between June 26, 2020 and April 5, 2021.If you suffered a loss, contact us at the link below. There is no cost or obligation to you.http://www.wongesq.com/pslra-1/ebang-international-holdings-inc-loss-submission-form?prid=15822&wire=5Allegations against EBON include that the Company made materially ...
    15:03:00 PM 05/13/2021EBON
    INVESTOR ACTION REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Ebang International Holdings Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
    Los Angeles, California--(Newsfile Corp. - May 13, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Ebang International Holdings Inc. ("Ebang" or "the Company") (NASDAQ: EBON) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between June 26, 2020 and April 5, ...
    13:35:00 PM 05/13/2021EBON
    LAWSUIT FILED AGAINST EBANG (NASDAQ: EBON): Investors May Be Able To Recover Losses And Should Contact Block & Leviton LLP
    BOSTON, May 13, 2021 (GLOBE NEWSWIRE) -- Block & Leviton LLP announces that a lawsuit has been filed against Ebang International Holdings (NASDAQ:EBON) for violations of the federal securities laws. Investors who have lost money should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/ebon. What is this all about?On April 6, 2021, analyst Hindenburg Research published a scathing report on the Chinese cryptocurrency company, alleging that the company used the proceeds from four recent IPOs to funnel money to insiders and “questionable counterparties.” According to the report, Ebang raised $21 million in November 2020, claiming the proceeds would go “primarily for development.” The report alleges that $21 million was directed to repay related-party loans to a relative of the company’s Chairman/CEO Dong Hu. The report also noted that Ebang’s earlier efforts to go public on the Hong Kong Stock Exchange failed due to widespread media coverage of its relationship with Yindou, a massive Chinese peer-to-peer online lending scheme that defrauded 20,000 retail investors in 2018, with $655 million “vanish(ing) into thin air”. On this news, Ebang shares dropped 9.3% in premarket trading. A federal securities fraud lawsuit was filed against Ebang on April 8, 2021 in New York Southern District Court. Who is eligible?Anyone who purchased Ebang shares between June 26, 2020 and April 5, 2021 and has now lost money as a result of the publication of this report may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more. What is Block & Leviton doing?Block & Leviton is pursuing securities class action litigation to attempt to recover losses on behalf of investors who have lost money. What should you do next?If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at cases@blockleviton.com, or by phone at (617) 398-5600. Why should you contact Block & Leviton?Many law firms have issued releases about this matter; most of those firms do not actually litigate securities class actions. Block & Leviton is a law firm that actually litigates cases. We are dedicated to obtaining significant recoveries on behalf of defrauded investors through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, or call (617) 398-5600 or email cases@blockleviton.com with any questions. This notice may constitute attorney advertising.
    12:48:00 PM 05/13/2021EBON
    SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Ebang International Holdings Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 7, 2021 - EBON
    New York, New York--(Newsfile Corp. - May 13, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Ebang International Holdings Inc. ("Ebang International") (NASDAQ: EBON) between June 26, 2020 and April 5, 2021. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. ...
    10:07:00 AM 05/13/2021EBON
    SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Ebang International Holdings Inc. of Class Action Lawsuit and Upcoming Deadline - EBON
    Pomerantz LLP announces that a class action lawsuit has been filed against Ebang International Holdings Inc. ("Ebang" or the "Company") (NASDAQ: EBON) and certain of its officers. The class action, filed in the United States District Court for the District of New Jersey, and docketed under 21-cv-09859, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Ebang securities between June 26, 2020 and April 5, 2021, inclusive (the "Class Period"). Plaintiff pursues claims against the Defendants under the Securities Exchange Act of 1934 (the "Exchange Act").
    17:00:00 PM 05/13/2021RIOT
    Better Buy: Bitcoin vs. Riot Blockchain
    Although there is a lot of buzz around nonfungible tokens and meme-based cryptocurrencies, it was the rise in Bitcoin (CRYPTO: BTC) that seemed to ignite the frenzy. With the initial public offering of Coinbase and the prevalence of cryptocurrency miners, it can be hard to determine if one will prove a better investment than the asset itself. Let's dig into one miner, Riot Blockchain (NASDAQ: RIOT), to better understand what the pros and cons might be.
    18:01:00 PM 05/13/2021CAN
    CAN INVESTORS ACT NOW: Contact HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, to Recover Losses Due to Alleged Securities Fraud
    SAN FRANCISCO, May 13, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Canaan Inc. (NASDAQ: CAN) investors with significant losses to submit your losses now. A securities class action has been filed and certain investors may have valuable claims. Class Period: Feb. 10, 2021 – Apr. 9, 2021Lead Plaintiff Deadline: June 14, 2021Visit: www.hbsslaw.com/investor-fraud/CAN Contact An Attorney Now: CAN@hbsslaw.com 844-916-0895 Canaan Inc. (NASDAQ: CAN) Securities Fraud Action: The complaint is focused on Canaan’s statements about its bitcoin mining machine business. According to the complaint, in past months, Canaan has falsely touted substantial improvement in its revenue visibility, its ability to more precisely forecast revenues, and its receipt of larger orders for its bitcoin mining machines. As recently as Apr. 9, 2021, Canaan’s CEO reportedly assured investors that the global shortage of chips used in its equipment did not negatively impact the company. But, on Apr. 12, 2021, Canaan reported horrible Q4 and FY 2020 financial results. Blaming supply chain disruptions, the company reported Q4 2020 total computing power sold tanked 93% year-over-year and quarter-over-quarter. Canaan also reported FY 2020 total computing power sold tanked 37% year-over-year. During the company’s earnings conference call that morning CEO Nangeng Zhang admitted, contrary to earlier statements, that Canaan had in fact run into a severe shortage of chip supply. This news sent the price of Canaan American Depositary Shares crashing nearly 30% lower that day. “We’re focused on investors’ losses and proving Canaan intentionally and falsely assured investors of its forecasted revenues and its insulation from the chip shortage,” said Reed Kathrein, the Hagens Berman partner leading the investigation. If you are a Canaan investor and have significant losses, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman. Whistleblowers: Persons with non-public information regarding Canaan should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email CAN@hbsslaw.com. About Hagens BermanHagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw. Contact: Reed Kathrein, 844-916-0895
    17:55:00 PM 05/13/2021CAN
    SHAREHOLDER ALERT: BLU CAN PCT: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
    NEW YORK, NY / ACCESSWIRE / May 13, 2021 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.
    17:20:00 PM 05/13/2021CAN
    FINAL DEADLINE APPROACHING: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canaan Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
    LOS ANGELES, CA / ACCESSWIRE / May 13, 2021 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canaan Inc. ("Canaan" or "the Company") (NASDAQ:CAN) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.
    16:05:00 PM 05/13/2021CAN
    DEADLINE ALERT for CAN, FKWL, and INTZ: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
    LOS ANGELES, May 13, 2021 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion. Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to fcruz@frankcruzlaw.com. Canaan Inc. (NASDAQ: CAN)Class Period: February 10, 2021 – April 9, 2021Lead Plaintiff Deadline: June 14, 2021 The complaint filed alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Canaan had experienced significant ongoing supply chain disruptions during fourth quarter 2020 (“4Q20”); (2) the introduction of Canaan’s next-generation A12 series bitcoin mining machines had cannibalized sales of the older product offerings during the 4Q20; (3) as a result of the foregoing, Canaan’s 4Q20 sales and sales revenues had declined dramatically; and (4) as a result of the foregoing, Canaan was not on track to achieve the strong financial prospects it had led the market to believe. Franklin Wireless Corp. (NASDAQ: FKWL)Class Period: September 17, 2020 – April 8, 2021Lead Plaintiff Deadline: June 15, 2021 Throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Franklin’s hotspot devices suffered from battery issues, including overheating, thereby presenting a fire hazard; (2) that, as a result, it was reasonably likely that the Company’s customers would recall Franklin’s devices; (3) that, as a result, Franklin would suffer reputational harm; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Intrusion Inc. (NASDAQ: INTZ)Class Period: January 13, 2021 – April 13, 2021Lead Plaintiff Deadline: June 15, 2021 Throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Intrusion’s Shield product was merely a repackaging of existing technology in the Company’s portfolio; (2) that Shield lacked the patents, certifications, and insurance critical to the sale of cybersecurity products; (3) that the Company had overstated the efficacy of Shield’s purported ability to protect against cyberattacks; (4) that, as a result of the foregoing, Intrusion’s Shield was reasonably unlikely to generate significant revenue; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Follow us for updates on Twitter: twitter.com/FRC_LAW. To be a member of these class actions, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about these class actions, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Contacts The Law Offices of Frank R. Cruz, Los AngelesFrank R. Cruz, 310-914-5007fcruz@frankcruzlaw.comwww.frankcruzlaw.com
    15:10:00 PM 05/13/2021CAN
    INVESTOR ACTION REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canaan Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
    Los Angeles, California--(Newsfile Corp. - May 13, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canaan Inc. ("Canaan" or "the Company") (NASDAQ: CAN) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 10, 2021 and April 9, 2021, inclusive ...
    14:49:00 PM 05/13/2021CAN
    SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Canaan Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 14, 2021 - CAN
    New York, New York--(Newsfile Corp. - May 13, 2021) - The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders of Canaan Inc.Shareholders who purchased shares of CAN during the class period listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/canaan-inc-loss-submission-form-2/?id=15821&from=5CLASS PERIOD : February 10, 2021 to April ...
    13:22:00 PM 05/13/2021CAN
    LAWSUIT FILED: Canaan Inc. Sued for Violations of the Federal Securities Laws; Investors Should Contact Block & Leviton LLP
    Boston, Massachusetts--(Newsfile Corp. - May 13, 2021) - Block & Leviton LLP announces that a lawsuit for violations of the federal securities laws has been filed against Canaan Inc. (NASDAQ: CAN) and certain of its executives. Investors who have lost money should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/can. The deadline to move for appointment as lead plaintiff is June 14, 2021.What ...
    10:13:00 AM 05/13/2021CAN
    CAN ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of June 14, 2021 in the Class Action Filed on Behalf of Canaan Inc. Limited Shareholders
    New York, New York--(Newsfile Corp. - May 13, 2021) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Canaan Inc. (NASDAQ: CAN) alleging that the Company violated federal securities laws.Class Period: February 10, 2021 and April 9, 2021Lead Plaintiff Deadline: June 14, 2021Learn more about your recoverable losses in CAN:http://www.kleinstocklaw.com/pslra-1/canaan-inc-loss-submission-form-2?id=15805&from=5The filed complaint alleges that Canaan Inc. made materially false and/or misleading statements and/or failed ...
    01:56:00 AM 05/13/2021CAN
    ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Canaan Inc. Investors With Losses to Secure Counsel Before Important June 14 Deadline - CAN
    WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Canaan Inc. (NASDAQ: CAN) between February 10, 2021 and April 9, 2021, inclusive (the "Class Period"), of the important June 14, 2021 lead plaintiff deadline.
    01:46:00 AM 05/13/2021CAN
    SHAREHOLDER ALERT: CLAIMSFILER REMINDS CAN, CS, DOX, FGEN INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits
    NEW ORLEANS, May 12, 2021 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors of pending deadlines in the following securities class action lawsuits: Amdocs Limited (DOX)Class Period: 12/13/2016 - 3/30/2021Lead Plaintiff Motion Deadline: June 8, 2021SECURITIES FRAUDTo learn more, visit https://www.claimsfiler.com/cases/view-amdocs-limited-securities-litigation-1 FibroGen, Inc. (FGEN)Class Period: 10/18/2017 - 4/6/2021Lead Plaintiff Motion Deadline: June 11, 2021SECURITIES FRAUDTo learn more, visit https://www.claimsfiler.com/cases/view-fibrogen-inc-securities-litigation Canaan Inc. (CAN)Class Period: 2/10/2021 - 4/9/2021Lead Plaintiff Motion Deadline: June 14, 2021SECURITIES FRAUDTo learn more, visit https://www.claimsfiler.com/cases/view-canaan-inc-american-depositary-shares-securities-litigation Credit Suisse Group AG (CS)Class Period: 10/29/2020 - 3/31/2021Lead Plaintiff Motion Deadline: June 15, 2021SECURITIES FRAUDTo learn more, visit https://www.claimsfiler.com/cases/view-credit-suisse-group-ag-american-depositary-shares-securities-litigation If you purchased shares of the above companies and would like to discuss your legal rights and your right to recover for your economic loss, you may, without obligation or cost to you, contact us toll-free (844) 367-9658 or visit the case links above. If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline. About ClaimsFiler ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations. To learn more about ClaimsFiler, visit www.claimsfiler.com
    01:00:00 AM 05/13/2021CAN
    The Gross Law Firm Announces Class Actions on Behalf of Shareholders of SOS, CAN and VRUS
    NEW YORK, NY / ACCESSWIRE / May 12, 2021 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment.
    00:01:00 AM 05/13/2021CAN
    Kessler Topaz Meltzer & Check, LLP - Important Deadline Reminder for Canaan Inc. Investors
    RADNOR, PA / ACCESSWIRE / May 12, 2021 / The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Canaan Inc. (NASDAQ:CAN) ("Canaan") on behalf of those who purchased or acquired Canaan American Depositary Receipts ("ADRs") between February 10, 2021 and April 9, 2021, inclusive (the "Class Period").
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    19:42:48 PM 05/13/2021
    Summary :
    Average return is down -5.8%
    Median return is down -4.5%
    4 out of 6 stocks are down.
    Today News :
    14:41:00 PM 05/13/2021AMWL
    Telehealth Firm Amwell’s Shares Fall After Earnings, but the CEO Is Optimistic
    The telehealth company is preparing to introduce a new platform that it says will have a significant impact on its financial performance.
    11:16:55 AM 05/13/2021AMWL
    American Well Posts Smaller-Than-Feared Quarterly Loss, Revenues Miss Estimates
    American Well (AMWL) reported a smaller-than-expected loss in the first quarter. However, sales missed analysts’ expectations of $58.75 million. The telemedicine company incurred a loss of $0.16 per share in Q1, compared to the $0.19 loss per share estimated by analysts. A loss of $0.58 per share was reported in the same quarter last year. Revenue generated in the quarter was $57.6 million which grew 7.3% from the year-ago period. Total active providers surged 240% year-over-year to approximately 81,000, while total visits increased 120% to 1.6 million in Q1. (See American Well stock analysis on TipRanks) American Well Chairman Dr. Ido Schoenberg said, “Our next generation platform Converge is designed to enable healthcare’s most trusted players to carry out digitally empowered, full-spectrum, unified online and in-person care. At its core, we believe Converge offers exceptional usability, reliability, scalability and flexibility.” Schoenberg further added, “With its modular open architecture and longitudinal capabilities, we believe Converge will simplify innovative collaboration across the ecosystem. We expect Converge to expand our market opportunity and enhance our own efficiencies over time.” For 2021, the company expects revenues to come in the range of $260-270 million. The consensus estimate is pegged at $266.21 million. On April 15, Needham analyst Ryan MacDonald reiterated a Buy rating on American Well. MacDonald commented, “While Amwell is priced at a discount to its digital health peers, we cannot justify enough upside to warrant a Buy rating until the mix of growth begins to shift towards less volatile, higher margin subscription revenue.” The rest of the Street is cautiously optimistic about the stock with a Moderate Buy consensus rating. That’s based on 3 Buys versus 5 Holds. The average analyst price target of $27.75 implies 116.5% upside potential to current levels. Shares have increased 46.1% over the past six months. Related News: Cryptocurrencies Are Gaining Momentum With New Launches Lucira’s COVID-19 Self-Test Now Available On Amazon; Shares Rise 38% Electronic Arts Delivers Impressive FY21 Results, Announces Dividend More recent articles from Smarter Analyst: Moderna Signs 25M COVID-19 Vaccine Doses Supply Deal With Australia; Shares Dip 4% Upstart Holdings Posts 340% Earnings Growth In Q1: Shares Jump 3% Dye & Durham Posts 300% Revenue Growth In 3Q: Shares Jump 6% Boyd Group Services 1Q Profit Falls 55%; Shares Drop 6%
    09:01:01 AM 05/13/2021AMWL
    American Well Corporation (AMWL) Q1 2021 Earnings Call Transcript
    AMWL earnings call for the period ending March 31, 2021.
    19:24:55 PM 05/13/2021TDOC
    ARK Invest Stocks To Buy And Watch: 6 Stocks That Cathie Wood's ARK ETFs Own; Tesla Skids
    Cathie Wood's ARK Invest ETFs are some of the hottest ETFs after 2020's huge gains. Five ARK Invest stocks to buy and watch include Coinbase and Tesla.
    11:47:00 AM 05/13/2021TDOC
    Should You Invest in Teladoc After Its Post-Earnings Dip?
    Although the performance it reflected wasn't horrible, investors may have been expecting more from the business, which had an incredible year in 2020 with demand for telehealth services soaring. The bar was set high, and that is going to make 2021 all the more challenging for Teladoc to impress investors.
    18:30:00 PM 05/13/2021SENS
    Senseonics Holdings, Inc. to Host Earnings Call
    NEW YORK, NY / ACCESSWIRE / May 13, 2021 / Senseonics Holdings, Inc. (AMEX:SENS) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 13, 2021 at 4:30 PM Eastern Time.
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    19:42:18 PM 05/13/2021
    Summary :
    Average return is down -5.2%
    Median return is up 1.1%
    1 out of 3 stocks are down.
    Today News :
    18:02:06 PM 05/13/2021EZPW
    Are You Looking for a Top Momentum Pick? Why Ezcorp (EZPW) is a Great Choice
    Does Ezcorp (EZPW) have what it takes to be a top stock pick for momentum investors? Let's find out.
    13:37:01 PM 05/13/2021EZPW
    Ezcorp (EZPW) Is Attractively Priced Despite Fast-paced Momentum
    Ezcorp (EZPW) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
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    19:42:38 PM 05/13/2021
    Summary :
    Average return is down -4.7%
    Median return is down -3.9%
    13 out of 14 stocks are down.
    Today News :
    16:11:04 PM 05/13/2021BILI
    Bilibili (BILI) Reports Q1 Loss, Tops Revenue Estimates
    Bilibili (BILI) delivered earnings and revenue surprises of 19.44% and 5.19%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
    13:37:54 PM 05/13/2021BILI
    Five Best Chinese Stocks To Buy And Watch Now
    Hundreds of Chinese companies trade in the U.S., but which China stocks should you consider? Here are the best Chinese stocks to buy and watch.
    09:00:00 AM 05/13/2021BILI
    Bilibili Inc. Announces First Quarter 2021 Financial Results
    SHANGHAI, China, May 13, 2021 (GLOBE NEWSWIRE) -- Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Highlights: Total net revenues reached RMB3,901.1 million (US$595.4 million), a 68% increase from the same period in 2020.Average monthly active users (MAUs) reached 223.3 million, and mobile MAUs reached 208.5 million, representing increases of 30% and 33%, respectively, from the same period in 2020.Average daily active users (DAUs) reached 60.1 million, an 18% increase from the same period in 2020.Average monthly paying users (MPUs1) reached 20.5 million, a 53% increase from the same period in 2020. “We kicked off 2021 with strong user growth and topline expansion, placing us firmly on track to achieve our growth target,” said Mr. Rui Chen, Chairman of the Board and Chief Executive Officer of Bilibili. “With a booming content ecosystem and fervent community bonds, our MAUs reached 223 million in the first quarter, up 30% compared with last year’s high base. Our users remained active and engaged, spending a daily average of 82 minutes on our platform. On March 29, 2021, we successfully completed our dual listing on the Hong Kong Stock Exchange, welcoming a broader base of investors and extending our presence in a financial market closer to home. Riding the massive wave of videolization, we aim to further grow our mindshare among the Gen Z+ demographic as the premium destination for video-based content and seize the tremendous growth opportunities in the video-based industry.” Mr. Sam Fan, Chief Financial Officer of Bilibili, said, “We achieved strong financial performance in the first quarter, with record revenues of RMB3,901 million, up 68% year-over-year. MPUs increased to 20.5 million promoting our paying ratio to a record 9.2%. Our gross margin also improved to 24%, compared with 23% for the same period last year. With the completion of our Hong Kong public offering, we successfully raised approximately HKD22.9 billion after deducting underwriting fees and other offering expenses, which places us in healthy financial standings that support our growth. Our focus remains on investing in our increasingly robust content ecosystem as we continue to build our dynamic video-based Bilibili brand.” First Quarter 2021 Financial Results Total net revenues. Total net revenues were RMB3,901.1 million (US$595.4 million), representing an increase of 68% from the same period of 2020. Mobile games. Revenues from mobile games were RMB1,170.7 million (US$178.7 million), representing an increase of 2% from the same period of 2020. Value-added services (VAS). Revenues from VAS were RMB1,496.5 million (US$228.4 million), representing an increase of 89% from the same period of 2020, mainly attributable to the Company’s enhanced monetization efforts, led by increases in the number of paying users for the Company’s value-added services including the premium membership program, live broadcasting services and other value-added services. Advertising. Revenues from advertising were RMB714.7 million (US$109.1 million), representing an increase of 234% from the same period of 2020. This increase was primarily attributable to further recognition of Bilibili’s brand name in China’s online advertising market, as well as Bilibili’s improved advertising efficiency. E-commerce and others. Revenues from e-commerce and others were RMB519.2 million (US$79.2 million), representing an increase of 230% from the same period of 2020, primarily attributable to the increase in sales of products through the Company’s e-commerce platform. Cost of revenues. Cost of revenues was RMB2,963.2 million (US$452.3 million), representing an increase of 66%, compared with the same period of 2020. Revenue-sharing cost, a key component of cost of revenues, was RMB1,400.7 million (US$213.8 million), representing an increase of 58% from the same period in 2020. Gross profit. Gross profit was RMB937.9 million (US$143.1 million), representing an increase of 77% from the same period in 2020, which was primarily due to increased net revenues. Total operating expenses. Total operating expenses were RMB1,968.8 million (US$300.5 million), representing an increase of 83% from the same period of 2020. Sales and marketing expenses. Sales and marketing expenses were RMB1,000.1 million (US$152.6 million), representing a 65% increase year-over-year. The increase was primarily attributable to increased channel and marketing expenses to promote Bilibili’s app and brand, as well as an increase in headcount in sales and marketing personnel. General and administrative expenses. General and administrative expenses were RMB388.5 million (US$59.3 million), representing a 127% increase year-over-year. The increase was primarily due to increased headcount in general and administrative personnel, increased share-based compensation expenses, higher rental expenses and other general and administrative expenses. Research and development expenses. Research and development expenses were RMB580.3 million (US$88.6 million), representing a 95% increase year-over-year. The increase was primarily due to increased headcount in research and development personnel and increased share-based compensation expenses. Loss from operations. Loss from operations was RMB1,031.0 million (US$157.4 million), compared with RMB544.2 million in the same period of 2020. Income tax expense. Income tax expense was RMB12.5 million (US$1.9 million), compared with RMB9.4 million in the same period of 2020. Net loss. Net loss was RMB904.9 million (US$138.1 million), compared with RMB538.6 million in the same period of 2020. Adjusted net loss2. Adjusted net loss, which is a non-GAAP measure that excludes share-based compensation expenses, amortization expense related to intangible assets acquired through business acquisitions and income tax related to intangible assets acquired through business acquisition, was RMB665.8 million (US$101.6 million), compared to RMB474.6 million in the same period of 2020. Basic and diluted EPS and adjusted basic and diluted EPS2. Basic and diluted net loss per share were RMB2.54 (US$0.39), compared with RMB1.62 in the same period of 2020. Adjusted basic and diluted net loss per share were RMB1.87 (US$0.29), compared with RMB1.43 in the same period of 2020. Cash and cash equivalents, time deposits and short-term investments. As of March 31, 2021, the Company had cash and cash equivalents, time deposits, as well as short-term investments of RMB27.0 billion (US$4.1 billion), compared with RMB12.8 billion as of December 31, 2020. Secondary Listing in Hong Kong On March 29, 2021, Bilibili successfully listed its Class Z ordinary shares on the main board of the Hong Kong Stock Exchange. The Company issued a total 28,750,000 Class Z ordinary shares in the global offering, including the fully exercised over-allotment option of 3,750,000 Class Z ordinary shares on April 21, 2021. Net proceeds from the global offering, including the over-allotment option, after deducting underwriting fees and other offering expenses, were approximately HKD22.9 billion. Outlook For the second quarter of 2021, the Company currently expects net revenues to be between RMB4.25 billion and RMB4.35 billion. The above outlook is based on the current market conditions and reflects the Company’s preliminary estimates, which are all subject to various uncertainties, including those related to the ongoing COVID-19 pandemic. 1 The paying users refer to users who make payments for various products and services on our platform, including purchases in games and payments for VAS (excluding purchases on our e-commerce platform). A user who makes payments across different products and services offered on our platform using the same registered account is counted as one paying user and we add the number of paying users of Maoer towards our total paying users without eliminating duplicates. 2 Adjusted net loss and adjusted basic and diluted EPS are non-GAAP financial measures. For more information on non-GAAP financial measures, please see the section of “Use of Non-GAAP Financial Measures” and the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP Results” set forth at the end of this announcement. Conference Call The Company’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on May 13, 2021 (8:00 PM Beijing/Hong Kong time on May 13, 2021). Details for the conference call are as follows: Event Title:Bilibili Inc. First Quarter 2021 Earnings Conference CallConference ID:6069137Registration Link:http://apac.directeventreg.com/registration/event/6069137 All participants must use the link provided above to complete the online registration process in advance of the conference call. Upon registering, each participant will receive a set of participant dial-in numbers, an event passcode, and a unique registrant ID, which will be used to join the conference call. Additionally, a live and archived webcast of the conference call will be available on the Company’s investor relations website at http://ir.bilibili.com. A replay of the conference call will be accessible by phone two hours after the conclusion of the live call at the following numbers, until May 20, 2021: United States:+1-855-452-5696International:+61-2-8199-0299Hong Kong:800-963-117China:400-632-2162Replay Access Code:6069137 About Bilibili Inc. Bilibili represents an iconic brand and a leading video community with a mission to enrich the everyday life of young generations in China. Bilibili offers a wide array of video-based content with All the Videos You Like as its value proposition. Bilibili builds its community around aspiring users, high-quality content, talented content creators and the strong emotional bond among them. Bilibili pioneered the ‘‘bullet chatting’’ feature, a live commenting function that has transformed the viewing experience by displaying thoughts and feelings of other audience viewing the same video. It has now become the welcoming home of diverse cultures and interests and destination for discovering cultural trends and phenomena for young generations in China. For more information, please visit: http://ir.bilibili.com. Use of Non-GAAP Financial Measures The Company uses non-GAAP measures, such as adjusted net loss, adjusted net loss per share and per ADS, basic and diluted, in evaluating its operating results and for financial and operational decision-making purposes. The Company believes that the non-GAAP financial measures help identify underlying trends in its business by excluding the impact of share-based compensation expenses, amortization expense related to intangible assets acquired through business acquisitions and income tax related to intangible assets acquired through business acquisition, which are non-cash charges. The Company believes that the non-GAAP financial measures provide useful information about the Company’s results of operations, enhance the overall understanding of the Company’s past performance and future prospects and allow for greater visibility with respect to key metrics used by the Company’s management in its financial and operational decision-making. The non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. The non-GAAP financial measures have limitations as analytical tools, and when assessing the Company’s operating performance, cash flows or liquidity, investors should not consider them in isolation, or as a substitute for net loss, cash flows provided by operating activities or other consolidated statements of operations and cash flows data prepared in accordance with U.S. GAAP. The Company mitigates these limitations by reconciling the non-GAAP financial measures to the most comparable U.S. GAAP performance measures, all of which should be considered when evaluating the Company’s performance. For more information on the non-GAAP financial measures, please see the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP Results” set forth at the end of this announcement. Exchange Rate Information This announcement contains translations of certain RMB amounts into U.S. dollars (“US$”) at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to US$ were made at the rate of RMB6.5518 to US$1.00, the exchange rate on March 31, 2021 set forth in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or US$ amounts referred could be converted into US$ or RMB, as the case may be, at any particular rate or at all. Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continue,” or other similar expressions. Among other things, the Impact of COVID-19, Outlook and quotations from management in this announcement, as well as Bilibili’s strategic and operational plans, contain forward-looking statements. Bilibili may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its interim and annual reports to shareholders, in announcements, circulars or other publications made on the website of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Bilibili’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the impact of the COVID-19 pandemic on Bilibili’s business, results of operations, financial condition, and stock price; Bilibili’s strategies; Bilibili’s future business development, financial condition and results of operations; Bilibili’s ability to retain and increase the number of users, members and advertising customers, provide quality content, products and services, and expand its product and service offerings; competition in the online entertainment industry; Bilibili’s ability to maintain its culture and brand image within its addressable user communities; Bilibili’s ability to manage its costs and expenses; PRC governmental policies and regulations relating to the online entertainment industry, general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission and the Hong Kong Stock Exchange. All information provided in this announcement and in the attachments is as of the date of the announcement, and the Company undertakes no duty to update such information, except as required under applicable law. For investor and media inquiries, please contact: In China: Bilibili Inc.Juliet YangTel: +86-21-2509-9255 Ext. 8523E-mail: ir@bilibili.com The Piacente Group, Inc.Emilie WuTel: +86-21-6039-8363E-mail: bilibili@tpg-ir.com In the United States: The Piacente Group, Inc.Brandi PiacenteTel: +1-212-481-2050E-mail: bilibili@tpg-ir.com BILIBILI INC. Unaudited Condensed Consolidated Statements of Operations (All amounts in thousands, except for share and per share data) For the Three Months Ended March 31,December 31,March 31, 2020 2020 2021 RMBRMBRMB Net revenues: Mobile games1,150,613 1,129,656 1,170,746 Value-added services (VAS)793,553 1,247,226 1,496,529 Advertising214,266 722,424 714,687 E-commerce and others157,103 740,821 519,111 Total net revenues2,315,535 3,840,127 3,901,073 Cost of revenues(1,785,071) (2,896,003) (2,963,197)Gross profit530,464 944,124 937,876 Operating expenses: Sales and marketing expenses(605,957) (1,020,688) (1,000,059)General and administrative expenses(171,377) (342,819) (388,531)Research and development expenses(297,335) (483,973) (580,254)Total operating expenses(1,074,669) (1,847,480) (1,968,844)Loss from operations(544,205) (903,356) (1,030,968) Other income/(expenses): Investment (loss)/income, net(26,481) 9,016 168,212 Interest income26,652 14,995 11,277 Interest expense(15,172) (34,743) (33,245)Exchange gains/(losses)12,710 13,388 (28,423)Others, net17,333 71,750 20,763 Total other income, net15,042 74,406 138,584 Loss before income tax(529,163) (828,950) (892,384)Income tax(9,392) (14,761) (12,475)Net loss(538,555) (843,711) (904,859)Accretion to redeemable noncontrolling interests(1,270) - - Net loss attributable to noncontrolling interests4,584 15,912 1,304 Net loss attributable to the Bilibili Inc.'s shareholders(535,241) (827,799) (903,555) Net loss per share, basic(1.62) (2.34) (2.54)Net loss per ADS, basic(1.62) (2.34) (2.54)Net loss per share, diluted(1.62) (2.34) (2.54)Net loss per ADS, diluted(1.62) (2.34) (2.54)Weighted average number of ordinary shares, basic329,443,167 353,736,436 355,351,263 Weighted average number of ADS, basic329,443,167 353,736,436 355,351,263 Weighted average number of ordinary shares, diluted329,443,167 353,736,436 355,351,263 Weighted average number of ADS, diluted329,443,167 353,736,436 355,351,263 The accompanying notes are an integral part of this announcement. BILIBILI INC. NOTES TO UNAUDITED FINANCIAL INFORMATION (All amounts in thousands, except for share and per share data) For the Three Months Ended March 31, December 31, March 31, 2020 2020 2021 RMB RMB RMB Share-based compensation expenses included in: Cost of revenues6,875 12,660 14,550 Sales and marketing expenses6,759 12,080 13,012 General and administrative expenses26,416 72,407 126,023 Research and development expenses15,474 50,214 60,810 Total55,524 147,361 214,395 BILIBILI INC. Unaudited Condensed Consolidated Balance Sheets (All amounts in thousands, except for share and per share data) December 31, March 31, 2020 2021 RMB RMB Assets Current assets: Cash and cash equivalents4,678,109 17,601,728 Time deposits4,720,089 6,209,128 Accounts receivable, net1,053,641 1,092,744 Prepayments and other current assets1,930,519 3,414,654 Short-term investments3,357,189 3,226,651 Total current assets 15,739,547 31,544,905 Non-current assets: Property and equipment, net761,941 901,056 Production cost, net667,876 684,431 Intangible assets, net2,356,959 2,817,368 Goodwill1,295,786 1,594,781 Long-term investments, net2,232,938 2,167,560 Other long-term assets810,561 698,621 Total non-current assets 8,126,061 8,863,817 Total assets 23,865,608 40,408,722 Liabilities Current liabilities: Accounts payable3,074,298 3,099,553 Salary and welfare payables734,376 508,527 Taxes payable127,192 102,305 Short-term loans100,000 100,000 Deferred revenue2,118,006 2,208,619 Accrued liabilities and other payables1,237,676 1,522,845 Total current liabilities 7,391,548 7,541,849 Non-current liabilities: Long-term debt8,340,922 8,312,464 Other long-term liabilities350,934 315,282 Total non-current liabilities8,691,856 8,627,746 Total liabilities 16,083,404 16,169,595 Total Bilibili Inc.’s shareholders’ equity7,600,200 24,071,136 Noncontrolling interests182,004 167,991 Total shareholders’ equity 7,782,204 24,239,127 Total liabilities and shareholders’ equity 23,865,608 40,408,722 BILIBILI INC. Unaudited Reconciliations of GAAP and Non-GAAP Results (All amounts in thousands, except for share and per share data) For the Three Months Ended March 31,December 31,March 31, 2020 2020 2021 RMBRMBRMB Net loss(538,555) (843,711) (904,859)Add: Share-based compensation expenses55,524 147,361 214,395 Amortization expense related to intangible assets acquired through business acquisitions8,472 16,007 26,145 Income tax related to intangible assets acquired through business acquisitions- (1,514) (1,514)Adjusted net loss(474,559) (681,857) (665,833) Net loss attributable to the Bilibili Inc.'s shareholders(535,241) (827,799) (903,555)Add: Share-based compensation expenses55,524 147,361 214,395 Amortization expense related to intangible assets acquired through business acquisitions8,472 16,007 26,145 Income tax related to intangible assets acquired through business acquisitions- (1,514) (1,514)Adjusted net loss attributable to the Bilibili Inc.'s shareholders(471,245) (665,945) (664,529)Adjusted net loss per share, basic(1.43) (1.88) (1.87)Adjusted net loss per ADS, basic(1.43) (1.88) (1.87)Adjusted net loss per share, diluted(1.43) (1.88) (1.87)Adjusted net loss per ADS, diluted(1.43) (1.88) (1.87)Weighted average number of ordinary shares, basic329,443,167 353,736,436 355,351,263 Weighted average number of ADS, basic329,443,167 353,736,436 355,351,263 Weighted average number of ordinary shares, diluted329,443,167 353,736,436 355,351,263 Weighted average number of ADS, diluted329,443,167 353,736,436 355,351,263
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    19:42:26 PM 05/13/2021
    Summary :
    Average return is down -3.8%
    Median return is down -2.9%
    8 out of 8 stocks are down.
    Today News :
    19:24:55 PM 05/13/2021SE
    ARK Invest Stocks To Buy And Watch: 6 Stocks That Cathie Wood's ARK ETFs Own; Tesla Skids
    Cathie Wood's ARK Invest ETFs are some of the hottest ETFs after 2020's huge gains. Five ARK Invest stocks to buy and watch include Coinbase and Tesla.
    15:33:03 PM 05/13/2021SE
    Sea Limited (SE) to Report Q1 Earnings: What's in Store?
    Sea Limited's (SE) first-quarter results are likely to reflect a strong momentum in digital entertainment and e-commerce business despite the coronavirus chaos.
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    19:42:55 PM 05/13/2021
    Summary :
    Average return is down -3.6%
    Median return is down -3.9%
    15 out of 19 stocks are down.
    Today News :
    18:30:00 PM 05/13/2021BEEM
    Beam Global to Host Earnings Call
    NEW YORK, NY / ACCESSWIRE / May 13, 2021 / Beam Global (NASDAQ:BEEM) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 13, 2021 at 4:30 PM Eastern Time.To listen to the event live or access a replay of the call - visit https://www.
    12:00:00 PM 05/13/2021BEEM
    Beam Global Postpones Fiscal First Quarter 2021 Financial Results Conference Call Originally Scheduled for May 13, 2021 at 4:30 p.m. ET
    SAN DIEGO, May 13, 2021 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that it will be postponing its Fiscal First Quarter 2021 financial results conference call, originally scheduled for Thursday May 13, 2021. Beam Global and its recently engaged independent auditors need additional time to complete its Quarterly Report on Form 10-Q for the first quarter ended March 31, 2021. The conference call will be rescheduled. About Beam Global Beam Global is a CleanTech leader that produces innovative, sustainable technology for electric vehicle (EV) charging, outdoor media, and energy security, without the construction, disruption, risks and costs of grid-tied solutions. Products include the patented EV ARC™ and Solar Tree® lines with BeamTrak™ patented solar tracking, and ARC Technology™ energy storage, along with EV charging, outdoor media and disaster preparedness packages.Beam Global develops, patents, designs, engineers and manufactures unique and advanced renewably energized products that save customers time and money, help the environment, empower communities and keep people moving. Based in San Diego, Beam Global produces Made in America products. Beam Global is listed on Nasdaq under the symbols BEEM and BEEMW (formerly Envision Solar, EVSI, EVSIW). For more information visit https://BeamForAll.com/, LinkedIn, YouTube and Twitter. Media Contact:The Beam TeamBeamTeam@BeamForAll.com+1 858-799-4583 Investor Relations:Kathy McDermottIR@BeamForAll.com+1 858-799-4583
    13:00:00 PM 05/13/2021FUV
    Arcimoto to Present Latest News on Its Ultra-Efficient Electric Vehicles at the Benzinga Global Small Cap Conference on Friday, May 14
    Arcimoto to Present Latest News on its Ultra-Efficient Electric Vehicles at the Benzinga Global Small Cap Conference on Friday, May 14
    18:30:00 PM 05/13/2021BLNK
    Blink Charging Co. to Host Earnings Call
    NEW YORK, NY / ACCESSWIRE / May 13, 2021 / Blink Charging Co. (NASDAQ:BLNK) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 13, 2021 at 4:30 PM Eastern Time.
    18:13:02 PM 05/13/2021NIO
    Why NIO Stock Is Down Today
    Shares of Chinese electric-vehicle maker NIO (NYSE: NIO) were trading lower on Thursday, after a Wall Street analyst said that the ongoing global shortage of semiconductors will continue to hold NIO's production down for a while longer. As of 1:30 p.m. EDT, NIO's American depositary shares were down about 7.5% from Wednesday's closing price. Citibank analyst Jeff Chung, who recently hosted a call with NIO management, wrote on Thursday that the chip shortage has remained "the key constraint" for NIO's production in May. NIO, along with Ford Motor Company, BMW, and Honda Motor, has suffered from the effects of a February fire at Japanese chipmaker Renesas, which has reduced some auto suppliers' access to chips even further for the time being.
    11:22:00 AM 05/13/2021NIO
    Is NIO the Best Chinese EV Stock to Buy?
    To say that there is a ton of potential for electric vehicle companies in China would be a massive understatement. In this Fool Live video clip, recorded on April 28, Chief Growth Officer Anand Chokkavelu explains why NIO (NYSE: NIO) could be a big winner if it can execute. Matt Frankel: The other, other Tesla (NASDAQ: TSLA) of China is next.
    10:07:54 AM 05/13/2021NIO
    Is NIO Still a Compelling EV Play After Reporting Strong Earnings?
    Nio’s (NIO) recent earnings report on April 29 was probably about as good as investors could have asked for. This Chinese EV maker reported a relatively positive beat. Since that date, though, NIO stock has been on quite the downward trend. Since opening around $41 per share on April 30, NIO stock has sold off approximately 17% over the past couple of weeks. It appears that a confluence of factors is driving NIO stock. Let’s dive into what’s going on with this stock right now. Strong Earnings Paint Positive Picture for NIO Stock Nio’s earning call was relatively upbeat. The company beat on the top line, bringing in 8 billion Yuan compared to average analyst estimates of 7.5 billion Yuan. However, the real strength in Nio’s earnings report was its gross margin improvement. Investors sometimes forget that electric vehicles are still vehicles. Gross margins are just as important to EV stocks as to stocks of traditional ICE (internal combustion engine) automakers. Accordingly, this is a key metric that many investors pay close attention to, as a prediction of forward profitability. Nio earns an A on this metric. The company reported a substantial gross margin improvement this past quarter. Its gross margin of 19.5% is much higher than the market expected and 3% higher than the same quarter last year. (See NIO stock analysis on TipRanks) Nio appears to be well-positioned to grow in a Chinese economy with a booming middle class and an EV-focused government mandate. As the golden child of the Chinese EV space, the company is set to grow profitably. Valuation Concerns Remain for Investors Nio’s earnings were undoubtedly strong. However, as we’ve seen with other big tech names of late, great doesn’t seem to be good enough. Investors aren’t only expecting an earnings beat. They’re expecting massive beats, share buybacks, and improved forward guidance. Here’s where NIO stock has stumbled thus far. The company reported a top-line beat of “only” 6.7%, which is not significant enough for many investors. Additionally, Nio provided investors with relatively bearish forward guidance prior to earnings. Concerns about global chip shortages have plagued the entire sector, and Nio reflected this in its forward guidance. NIO stock started to sell off even before earnings were announced. Indeed, this indicates just how perfectly priced equities are today. Nio is a great growth stock. However, today's investors aren’t only pricing in market-beating growth into stocks like Nio. They’re pricing in massive blowout earnings and an acceleration of growth. Wall Street's Take Consensus among analysts for NIO is a Moderate Buy with 7 Buy and 3 Hold ratings. The stock has an average analyst price target of $60.40, which implies 78.27% upside potential over the next 12 months. Bottom Line Nio is one of those hyper-growth stocks that investors need to keep on their radar. This is a stock with all the catalysts in its favor right now. It isn’t just growing – it’s growing fast, and profitably. Nio’s position as a tech and EV play is working to its disadvantage right now. The market is selling off speculative names, and throwing excellent growth stocks out with the bathwater. Accordingly, Nio’s near-50% discount to its all-time high could be a great buying opportunity for long-term investors. Disclosure: Chris MacDonald held no position in any of the stocks mentioned in this article at the time of publication. Disclaimer: The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities.
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    19:42:55 PM 05/13/2021
    Summary :
    Average return is down -3.5%
    Median return is down -3.1%
    58 out of 68 stocks are down.
    Today News :
    18:01:00 PM 05/13/2021CAN
    CAN INVESTORS ACT NOW: Contact HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, to Recover Losses Due to Alleged Securities Fraud
    SAN FRANCISCO, May 13, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Canaan Inc. (NASDAQ: CAN) investors with significant losses to submit your losses now. A securities class action has been filed and certain investors may have valuable claims. Class Period: Feb. 10, 2021 – Apr. 9, 2021Lead Plaintiff Deadline: June 14, 2021Visit: www.hbsslaw.com/investor-fraud/CAN Contact An Attorney Now: CAN@hbsslaw.com 844-916-0895 Canaan Inc. (NASDAQ: CAN) Securities Fraud Action: The complaint is focused on Canaan’s statements about its bitcoin mining machine business. According to the complaint, in past months, Canaan has falsely touted substantial improvement in its revenue visibility, its ability to more precisely forecast revenues, and its receipt of larger orders for its bitcoin mining machines. As recently as Apr. 9, 2021, Canaan’s CEO reportedly assured investors that the global shortage of chips used in its equipment did not negatively impact the company. But, on Apr. 12, 2021, Canaan reported horrible Q4 and FY 2020 financial results. Blaming supply chain disruptions, the company reported Q4 2020 total computing power sold tanked 93% year-over-year and quarter-over-quarter. Canaan also reported FY 2020 total computing power sold tanked 37% year-over-year. During the company’s earnings conference call that morning CEO Nangeng Zhang admitted, contrary to earlier statements, that Canaan had in fact run into a severe shortage of chip supply. This news sent the price of Canaan American Depositary Shares crashing nearly 30% lower that day. “We’re focused on investors’ losses and proving Canaan intentionally and falsely assured investors of its forecasted revenues and its insulation from the chip shortage,” said Reed Kathrein, the Hagens Berman partner leading the investigation. If you are a Canaan investor and have significant losses, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman. Whistleblowers: Persons with non-public information regarding Canaan should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email CAN@hbsslaw.com. About Hagens BermanHagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw. Contact: Reed Kathrein, 844-916-0895
    17:55:00 PM 05/13/2021CAN
    SHAREHOLDER ALERT: BLU CAN PCT: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
    NEW YORK, NY / ACCESSWIRE / May 13, 2021 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.
    17:20:00 PM 05/13/2021CAN
    FINAL DEADLINE APPROACHING: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canaan Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
    LOS ANGELES, CA / ACCESSWIRE / May 13, 2021 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canaan Inc. ("Canaan" or "the Company") (NASDAQ:CAN) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.
    16:05:00 PM 05/13/2021CAN
    DEADLINE ALERT for CAN, FKWL, and INTZ: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
    LOS ANGELES, May 13, 2021 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion. Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to fcruz@frankcruzlaw.com. Canaan Inc. (NASDAQ: CAN)Class Period: February 10, 2021 – April 9, 2021Lead Plaintiff Deadline: June 14, 2021 The complaint filed alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Canaan had experienced significant ongoing supply chain disruptions during fourth quarter 2020 (“4Q20”); (2) the introduction of Canaan’s next-generation A12 series bitcoin mining machines had cannibalized sales of the older product offerings during the 4Q20; (3) as a result of the foregoing, Canaan’s 4Q20 sales and sales revenues had declined dramatically; and (4) as a result of the foregoing, Canaan was not on track to achieve the strong financial prospects it had led the market to believe. Franklin Wireless Corp. (NASDAQ: FKWL)Class Period: September 17, 2020 – April 8, 2021Lead Plaintiff Deadline: June 15, 2021 Throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Franklin’s hotspot devices suffered from battery issues, including overheating, thereby presenting a fire hazard; (2) that, as a result, it was reasonably likely that the Company’s customers would recall Franklin’s devices; (3) that, as a result, Franklin would suffer reputational harm; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Intrusion Inc. (NASDAQ: INTZ)Class Period: January 13, 2021 – April 13, 2021Lead Plaintiff Deadline: June 15, 2021 Throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Intrusion’s Shield product was merely a repackaging of existing technology in the Company’s portfolio; (2) that Shield lacked the patents, certifications, and insurance critical to the sale of cybersecurity products; (3) that the Company had overstated the efficacy of Shield’s purported ability to protect against cyberattacks; (4) that, as a result of the foregoing, Intrusion’s Shield was reasonably unlikely to generate significant revenue; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Follow us for updates on Twitter: twitter.com/FRC_LAW. To be a member of these class actions, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about these class actions, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Contacts The Law Offices of Frank R. Cruz, Los AngelesFrank R. Cruz, 310-914-5007fcruz@frankcruzlaw.comwww.frankcruzlaw.com
    15:10:00 PM 05/13/2021CAN
    INVESTOR ACTION REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canaan Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
    Los Angeles, California--(Newsfile Corp. - May 13, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canaan Inc. ("Canaan" or "the Company") (NASDAQ: CAN) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 10, 2021 and April 9, 2021, inclusive ...
    14:49:00 PM 05/13/2021CAN
    SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Canaan Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 14, 2021 - CAN
    New York, New York--(Newsfile Corp. - May 13, 2021) - The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders of Canaan Inc.Shareholders who purchased shares of CAN during the class period listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/canaan-inc-loss-submission-form-2/?id=15821&from=5CLASS PERIOD : February 10, 2021 to April ...
    13:22:00 PM 05/13/2021CAN
    LAWSUIT FILED: Canaan Inc. Sued for Violations of the Federal Securities Laws; Investors Should Contact Block & Leviton LLP
    Boston, Massachusetts--(Newsfile Corp. - May 13, 2021) - Block & Leviton LLP announces that a lawsuit for violations of the federal securities laws has been filed against Canaan Inc. (NASDAQ: CAN) and certain of its executives. Investors who have lost money should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/can. The deadline to move for appointment as lead plaintiff is June 14, 2021.What ...
    10:13:00 AM 05/13/2021CAN
    CAN ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of June 14, 2021 in the Class Action Filed on Behalf of Canaan Inc. Limited Shareholders
    New York, New York--(Newsfile Corp. - May 13, 2021) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Canaan Inc. (NASDAQ: CAN) alleging that the Company violated federal securities laws.Class Period: February 10, 2021 and April 9, 2021Lead Plaintiff Deadline: June 14, 2021Learn more about your recoverable losses in CAN:http://www.kleinstocklaw.com/pslra-1/canaan-inc-loss-submission-form-2?id=15805&from=5The filed complaint alleges that Canaan Inc. made materially false and/or misleading statements and/or failed ...
    01:56:00 AM 05/13/2021CAN
    ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Canaan Inc. Investors With Losses to Secure Counsel Before Important June 14 Deadline - CAN
    WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Canaan Inc. (NASDAQ: CAN) between February 10, 2021 and April 9, 2021, inclusive (the "Class Period"), of the important June 14, 2021 lead plaintiff deadline.
    01:46:00 AM 05/13/2021CAN
    SHAREHOLDER ALERT: CLAIMSFILER REMINDS CAN, CS, DOX, FGEN INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits
    NEW ORLEANS, May 12, 2021 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors of pending deadlines in the following securities class action lawsuits: Amdocs Limited (DOX)Class Period: 12/13/2016 - 3/30/2021Lead Plaintiff Motion Deadline: June 8, 2021SECURITIES FRAUDTo learn more, visit https://www.claimsfiler.com/cases/view-amdocs-limited-securities-litigation-1 FibroGen, Inc. (FGEN)Class Period: 10/18/2017 - 4/6/2021Lead Plaintiff Motion Deadline: June 11, 2021SECURITIES FRAUDTo learn more, visit https://www.claimsfiler.com/cases/view-fibrogen-inc-securities-litigation Canaan Inc. (CAN)Class Period: 2/10/2021 - 4/9/2021Lead Plaintiff Motion Deadline: June 14, 2021SECURITIES FRAUDTo learn more, visit https://www.claimsfiler.com/cases/view-canaan-inc-american-depositary-shares-securities-litigation Credit Suisse Group AG (CS)Class Period: 10/29/2020 - 3/31/2021Lead Plaintiff Motion Deadline: June 15, 2021SECURITIES FRAUDTo learn more, visit https://www.claimsfiler.com/cases/view-credit-suisse-group-ag-american-depositary-shares-securities-litigation If you purchased shares of the above companies and would like to discuss your legal rights and your right to recover for your economic loss, you may, without obligation or cost to you, contact us toll-free (844) 367-9658 or visit the case links above. If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline. About ClaimsFiler ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations. To learn more about ClaimsFiler, visit www.claimsfiler.com
    01:00:00 AM 05/13/2021CAN
    The Gross Law Firm Announces Class Actions on Behalf of Shareholders of SOS, CAN and VRUS
    NEW YORK, NY / ACCESSWIRE / May 12, 2021 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment.
    00:01:00 AM 05/13/2021CAN
    Kessler Topaz Meltzer & Check, LLP - Important Deadline Reminder for Canaan Inc. Investors
    RADNOR, PA / ACCESSWIRE / May 12, 2021 / The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Canaan Inc. (NASDAQ:CAN) ("Canaan") on behalf of those who purchased or acquired Canaan American Depositary Receipts ("ADRs") between February 10, 2021 and April 9, 2021, inclusive (the "Class Period").
    13:33:56 PM 05/13/2021PDD
    Alibaba Vows to Hike Spending After Posting First Loss in Years
    (Bloomberg) -- Alibaba Group Holding Ltd. forecast better-than-expected revenue and pledged to invest in new growth arenas, signaling its intention to move past a Chinese antitrust probe that triggered its first loss in nine years.Jack Ma’s flagship e-commerce firm swung to a 5.5 billion yuan ($852 million) net loss -- its first since 2012 -- after the company swallowed a $2.8 billion fine for monopolistic behavior imposed by Beijing. It now intends to refocus on its business, plowing “all incremental profit” back into technology and hotly contested areas like community commerce, Chief Executive Officer Daniel Zhang pledged on Thursday.Alibaba executives have sought to put behind them a crackdown on Ma’s internet empire that’s shaved $260 billion off the Chinese internet behemoth’s market value. The penalty imposed in April marked the conclusion of a four-month probe, but uncertainty persists as Beijing continues to rein in Alibaba and increasingly powerful rivals from Tencent Holdings Ltd. to Meituan. No analyst asked directly about what’s to come in the broader clampdown Thursday, though Zhang stressed the company accepted the fine and will move forward.“We accept the penalty with sincerity and will ensure our compliance with determination,” the CEO said. “During the past fiscal year, we have gone through all kinds of challenges, including the Covid-19 pandemic, fierce competition as well as an anti-monopoly investigation and penalty decision by Chinese regulators. We believe the best way to overcome these challenges is to look forward and invest for the long term.”Alibaba’s shares slid 3% in U.S. pre-market trading. The stock is down 31% from its October peak, just before Ma’s now-infamous rant against outmoded regulations triggered a chain of events that torpedoed a $35 billion initial public offering by his Ant Group Co. and started a probe into the e-commerce giant.“There is still significant uncertainty in Alibaba,” said Andy Halliwell, an analyst at consultancy Publicis Sapient. “There is no doubt though that Alibaba have capitalized on their digital and tech strategy in light of the global pandemic, and the rebounding Chinese economy. But it remains to be seen how Jack Ma’s behavior last year will have a lasting impact on brand and investor confidence.”Click here for a live blog of the earnings call.Alibaba is keen to convey the impression that it’s back to business as normal. Ma was spotted this week at an annual staff and family celebration at its sprawling Hangzhou campus, where kids played in ball pits while company mascots posed for photos with employees in cosplay.On Thursday, the company forecast revenue for the year ending March 2022 will rise at least 30% to more than 930 billion yuan, beating the 923.5 billion average projection. That’s a deceleration from the previous year’s 41%, and comes after sales for the three moths ended March came in at a better-than-expected 187.4 billion yuan.Despite the rosy projection, it’s unclear how much the increased investment, which also encompasses areas from local internet services and merchant solutions, may hurt margins. And reliable growth engines are slowing: cloud revenue grew just 37% in the March quarter after a major, unidentified customer pulled out, the slowest pace since 2014.Zhang singled out community commerce -- an area now fought over between a number of deep-pocketed rivals like JD.com Inc. and Pinduoduo Inc. -- as a key avenue to reach lower-tier and rural customers. Executives said Alibaba will be disciplined in spending, without elaborating.“Despite heady predictions, it’s likely that we’ll see an erosion of margins in part due to the investment the business is making in new business ventures,” Halliwell said.What Bloomberg Intelligence Says:Alibaba’s regulatory overhang may lift with China’s $2.8 billion fine in April potentially marking an end to the worst of the scrutiny that began in late 2020. Meanwhile it could continue to benefit from the accelerated user and merchant adoption of its online grocery shopping, cloud computing and remote-work applications in the aftermath of the pandemic. Longer-term sales and profit growth could be driven by global expansion and the monetization of newer business segments such as logistics, media and entertainment.-- Vey-Sern Ling and Tiffany Tam, analystsClick here for the research.There remain several other questions Alibaba may have to grapple with in the year ahead. The company joined 33 other tech firms in pledging to abide by monopoly laws and eradicate abuses like forced exclusivity agreements -- actions with as-yet unknown ramifications for growth. More broadly, the Chinese government is debating how to exert greater control over the invaluable online data amassed by its internet giants that have enabled their meteoric expansion over the past decade.The government is said to be considering whether to compel Alibaba to shed media assets that have supported its brand. Antitrust watchdogs are screening its previous investments and could force a divestment if deemed in violation of regulations.Then there’s Alibaba’s finance affiliate -- Ant, a major provider of financing for Alibaba’s consumers -- which is still wrangling with regulators over a forced restructuring that could curb its lending. Its profit in the December quarter rose 50% to 21.8 billion yuan, though the bottom line will remain under pressure because of a requirement to cut back on loans.Alibaba is trying to resume business as normal just as competition ramps up in China’s e-commerce market.Pinduoduo reported 788 million annual active buyers in the December quarter, dethroning Alibaba as China’s biggest e-commerce operator by consumers for the first time ever. On Thursday, Alibaba reported its users had climbed to 811 million in China in the three months ended March.Scrappy upstarts like ByteDance Ltd. and Kuaishou Technology are making inroads into social shopping, chipping away at the growth of its Taobao Live service. Other platforms like Meituan, Didi and Tencent Holdings Ltd.-backed MissFresh have made aggressive investments into their community groceries business, leaving the Hangzhou-based Alibaba to play catch-up in the red-hot sector.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
    18:13:02 PM 05/13/2021NIO
    Why NIO Stock Is Down Today
    Shares of Chinese electric-vehicle maker NIO (NYSE: NIO) were trading lower on Thursday, after a Wall Street analyst said that the ongoing global shortage of semiconductors will continue to hold NIO's production down for a while longer. As of 1:30 p.m. EDT, NIO's American depositary shares were down about 7.5% from Wednesday's closing price. Citibank analyst Jeff Chung, who recently hosted a call with NIO management, wrote on Thursday that the chip shortage has remained "the key constraint" for NIO's production in May. NIO, along with Ford Motor Company, BMW, and Honda Motor, has suffered from the effects of a February fire at Japanese chipmaker Renesas, which has reduced some auto suppliers' access to chips even further for the time being.
    11:22:00 AM 05/13/2021NIO
    Is NIO the Best Chinese EV Stock to Buy?
    To say that there is a ton of potential for electric vehicle companies in China would be a massive understatement. In this Fool Live video clip, recorded on April 28, Chief Growth Officer Anand Chokkavelu explains why NIO (NYSE: NIO) could be a big winner if it can execute. Matt Frankel: The other, other Tesla (NASDAQ: TSLA) of China is next.
    10:07:54 AM 05/13/2021NIO
    Is NIO Still a Compelling EV Play After Reporting Strong Earnings?
    Nio’s (NIO) recent earnings report on April 29 was probably about as good as investors could have asked for. This Chinese EV maker reported a relatively positive beat. Since that date, though, NIO stock has been on quite the downward trend. Since opening around $41 per share on April 30, NIO stock has sold off approximately 17% over the past couple of weeks. It appears that a confluence of factors is driving NIO stock. Let’s dive into what’s going on with this stock right now. Strong Earnings Paint Positive Picture for NIO Stock Nio’s earning call was relatively upbeat. The company beat on the top line, bringing in 8 billion Yuan compared to average analyst estimates of 7.5 billion Yuan. However, the real strength in Nio’s earnings report was its gross margin improvement. Investors sometimes forget that electric vehicles are still vehicles. Gross margins are just as important to EV stocks as to stocks of traditional ICE (internal combustion engine) automakers. Accordingly, this is a key metric that many investors pay close attention to, as a prediction of forward profitability. Nio earns an A on this metric. The company reported a substantial gross margin improvement this past quarter. Its gross margin of 19.5% is much higher than the market expected and 3% higher than the same quarter last year. (See NIO stock analysis on TipRanks) Nio appears to be well-positioned to grow in a Chinese economy with a booming middle class and an EV-focused government mandate. As the golden child of the Chinese EV space, the company is set to grow profitably. Valuation Concerns Remain for Investors Nio’s earnings were undoubtedly strong. However, as we’ve seen with other big tech names of late, great doesn’t seem to be good enough. Investors aren’t only expecting an earnings beat. They’re expecting massive beats, share buybacks, and improved forward guidance. Here’s where NIO stock has stumbled thus far. The company reported a top-line beat of “only” 6.7%, which is not significant enough for many investors. Additionally, Nio provided investors with relatively bearish forward guidance prior to earnings. Concerns about global chip shortages have plagued the entire sector, and Nio reflected this in its forward guidance. NIO stock started to sell off even before earnings were announced. Indeed, this indicates just how perfectly priced equities are today. Nio is a great growth stock. However, today's investors aren’t only pricing in market-beating growth into stocks like Nio. They’re pricing in massive blowout earnings and an acceleration of growth. Wall Street's Take Consensus among analysts for NIO is a Moderate Buy with 7 Buy and 3 Hold ratings. The stock has an average analyst price target of $60.40, which implies 78.27% upside potential over the next 12 months. Bottom Line Nio is one of those hyper-growth stocks that investors need to keep on their radar. This is a stock with all the catalysts in its favor right now. It isn’t just growing – it’s growing fast, and profitably. Nio’s position as a tech and EV play is working to its disadvantage right now. The market is selling off speculative names, and throwing excellent growth stocks out with the bathwater. Accordingly, Nio’s near-50% discount to its all-time high could be a great buying opportunity for long-term investors. Disclosure: Chris MacDonald held no position in any of the stocks mentioned in this article at the time of publication. Disclaimer: The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities.
    16:11:04 PM 05/13/2021BILI
    Bilibili (BILI) Reports Q1 Loss, Tops Revenue Estimates
    Bilibili (BILI) delivered earnings and revenue surprises of 19.44% and 5.19%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
    13:37:54 PM 05/13/2021BILI
    Five Best Chinese Stocks To Buy And Watch Now
    Hundreds of Chinese companies trade in the U.S., but which China stocks should you consider? Here are the best Chinese stocks to buy and watch.
    09:00:00 AM 05/13/2021BILI
    Bilibili Inc. Announces First Quarter 2021 Financial Results
    SHANGHAI, China, May 13, 2021 (GLOBE NEWSWIRE) -- Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Highlights: Total net revenues reached RMB3,901.1 million (US$595.4 million), a 68% increase from the same period in 2020.Average monthly active users (MAUs) reached 223.3 million, and mobile MAUs reached 208.5 million, representing increases of 30% and 33%, respectively, from the same period in 2020.Average daily active users (DAUs) reached 60.1 million, an 18% increase from the same period in 2020.Average monthly paying users (MPUs1) reached 20.5 million, a 53% increase from the same period in 2020. “We kicked off 2021 with strong user growth and topline expansion, placing us firmly on track to achieve our growth target,” said Mr. Rui Chen, Chairman of the Board and Chief Executive Officer of Bilibili. “With a booming content ecosystem and fervent community bonds, our MAUs reached 223 million in the first quarter, up 30% compared with last year’s high base. Our users remained active and engaged, spending a daily average of 82 minutes on our platform. On March 29, 2021, we successfully completed our dual listing on the Hong Kong Stock Exchange, welcoming a broader base of investors and extending our presence in a financial market closer to home. Riding the massive wave of videolization, we aim to further grow our mindshare among the Gen Z+ demographic as the premium destination for video-based content and seize the tremendous growth opportunities in the video-based industry.” Mr. Sam Fan, Chief Financial Officer of Bilibili, said, “We achieved strong financial performance in the first quarter, with record revenues of RMB3,901 million, up 68% year-over-year. MPUs increased to 20.5 million promoting our paying ratio to a record 9.2%. Our gross margin also improved to 24%, compared with 23% for the same period last year. With the completion of our Hong Kong public offering, we successfully raised approximately HKD22.9 billion after deducting underwriting fees and other offering expenses, which places us in healthy financial standings that support our growth. Our focus remains on investing in our increasingly robust content ecosystem as we continue to build our dynamic video-based Bilibili brand.” First Quarter 2021 Financial Results Total net revenues. Total net revenues were RMB3,901.1 million (US$595.4 million), representing an increase of 68% from the same period of 2020. Mobile games. Revenues from mobile games were RMB1,170.7 million (US$178.7 million), representing an increase of 2% from the same period of 2020. Value-added services (VAS). Revenues from VAS were RMB1,496.5 million (US$228.4 million), representing an increase of 89% from the same period of 2020, mainly attributable to the Company’s enhanced monetization efforts, led by increases in the number of paying users for the Company’s value-added services including the premium membership program, live broadcasting services and other value-added services. Advertising. Revenues from advertising were RMB714.7 million (US$109.1 million), representing an increase of 234% from the same period of 2020. This increase was primarily attributable to further recognition of Bilibili’s brand name in China’s online advertising market, as well as Bilibili’s improved advertising efficiency. E-commerce and others. Revenues from e-commerce and others were RMB519.2 million (US$79.2 million), representing an increase of 230% from the same period of 2020, primarily attributable to the increase in sales of products through the Company’s e-commerce platform. Cost of revenues. Cost of revenues was RMB2,963.2 million (US$452.3 million), representing an increase of 66%, compared with the same period of 2020. Revenue-sharing cost, a key component of cost of revenues, was RMB1,400.7 million (US$213.8 million), representing an increase of 58% from the same period in 2020. Gross profit. Gross profit was RMB937.9 million (US$143.1 million), representing an increase of 77% from the same period in 2020, which was primarily due to increased net revenues. Total operating expenses. Total operating expenses were RMB1,968.8 million (US$300.5 million), representing an increase of 83% from the same period of 2020. Sales and marketing expenses. Sales and marketing expenses were RMB1,000.1 million (US$152.6 million), representing a 65% increase year-over-year. The increase was primarily attributable to increased channel and marketing expenses to promote Bilibili’s app and brand, as well as an increase in headcount in sales and marketing personnel. General and administrative expenses. General and administrative expenses were RMB388.5 million (US$59.3 million), representing a 127% increase year-over-year. The increase was primarily due to increased headcount in general and administrative personnel, increased share-based compensation expenses, higher rental expenses and other general and administrative expenses. Research and development expenses. Research and development expenses were RMB580.3 million (US$88.6 million), representing a 95% increase year-over-year. The increase was primarily due to increased headcount in research and development personnel and increased share-based compensation expenses. Loss from operations. Loss from operations was RMB1,031.0 million (US$157.4 million), compared with RMB544.2 million in the same period of 2020. Income tax expense. Income tax expense was RMB12.5 million (US$1.9 million), compared with RMB9.4 million in the same period of 2020. Net loss. Net loss was RMB904.9 million (US$138.1 million), compared with RMB538.6 million in the same period of 2020. Adjusted net loss2. Adjusted net loss, which is a non-GAAP measure that excludes share-based compensation expenses, amortization expense related to intangible assets acquired through business acquisitions and income tax related to intangible assets acquired through business acquisition, was RMB665.8 million (US$101.6 million), compared to RMB474.6 million in the same period of 2020. Basic and diluted EPS and adjusted basic and diluted EPS2. Basic and diluted net loss per share were RMB2.54 (US$0.39), compared with RMB1.62 in the same period of 2020. Adjusted basic and diluted net loss per share were RMB1.87 (US$0.29), compared with RMB1.43 in the same period of 2020. Cash and cash equivalents, time deposits and short-term investments. As of March 31, 2021, the Company had cash and cash equivalents, time deposits, as well as short-term investments of RMB27.0 billion (US$4.1 billion), compared with RMB12.8 billion as of December 31, 2020. Secondary Listing in Hong Kong On March 29, 2021, Bilibili successfully listed its Class Z ordinary shares on the main board of the Hong Kong Stock Exchange. The Company issued a total 28,750,000 Class Z ordinary shares in the global offering, including the fully exercised over-allotment option of 3,750,000 Class Z ordinary shares on April 21, 2021. Net proceeds from the global offering, including the over-allotment option, after deducting underwriting fees and other offering expenses, were approximately HKD22.9 billion. Outlook For the second quarter of 2021, the Company currently expects net revenues to be between RMB4.25 billion and RMB4.35 billion. The above outlook is based on the current market conditions and reflects the Company’s preliminary estimates, which are all subject to various uncertainties, including those related to the ongoing COVID-19 pandemic. 1 The paying users refer to users who make payments for various products and services on our platform, including purchases in games and payments for VAS (excluding purchases on our e-commerce platform). A user who makes payments across different products and services offered on our platform using the same registered account is counted as one paying user and we add the number of paying users of Maoer towards our total paying users without eliminating duplicates. 2 Adjusted net loss and adjusted basic and diluted EPS are non-GAAP financial measures. For more information on non-GAAP financial measures, please see the section of “Use of Non-GAAP Financial Measures” and the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP Results” set forth at the end of this announcement. Conference Call The Company’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on May 13, 2021 (8:00 PM Beijing/Hong Kong time on May 13, 2021). Details for the conference call are as follows: Event Title:Bilibili Inc. First Quarter 2021 Earnings Conference CallConference ID:6069137Registration Link:http://apac.directeventreg.com/registration/event/6069137 All participants must use the link provided above to complete the online registration process in advance of the conference call. Upon registering, each participant will receive a set of participant dial-in numbers, an event passcode, and a unique registrant ID, which will be used to join the conference call. Additionally, a live and archived webcast of the conference call will be available on the Company’s investor relations website at http://ir.bilibili.com. A replay of the conference call will be accessible by phone two hours after the conclusion of the live call at the following numbers, until May 20, 2021: United States:+1-855-452-5696International:+61-2-8199-0299Hong Kong:800-963-117China:400-632-2162Replay Access Code:6069137 About Bilibili Inc. Bilibili represents an iconic brand and a leading video community with a mission to enrich the everyday life of young generations in China. Bilibili offers a wide array of video-based content with All the Videos You Like as its value proposition. Bilibili builds its community around aspiring users, high-quality content, talented content creators and the strong emotional bond among them. Bilibili pioneered the ‘‘bullet chatting’’ feature, a live commenting function that has transformed the viewing experience by displaying thoughts and feelings of other audience viewing the same video. It has now become the welcoming home of diverse cultures and interests and destination for discovering cultural trends and phenomena for young generations in China. For more information, please visit: http://ir.bilibili.com. Use of Non-GAAP Financial Measures The Company uses non-GAAP measures, such as adjusted net loss, adjusted net loss per share and per ADS, basic and diluted, in evaluating its operating results and for financial and operational decision-making purposes. The Company believes that the non-GAAP financial measures help identify underlying trends in its business by excluding the impact of share-based compensation expenses, amortization expense related to intangible assets acquired through business acquisitions and income tax related to intangible assets acquired through business acquisition, which are non-cash charges. The Company believes that the non-GAAP financial measures provide useful information about the Company’s results of operations, enhance the overall understanding of the Company’s past performance and future prospects and allow for greater visibility with respect to key metrics used by the Company’s management in its financial and operational decision-making. The non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. The non-GAAP financial measures have limitations as analytical tools, and when assessing the Company’s operating performance, cash flows or liquidity, investors should not consider them in isolation, or as a substitute for net loss, cash flows provided by operating activities or other consolidated statements of operations and cash flows data prepared in accordance with U.S. GAAP. The Company mitigates these limitations by reconciling the non-GAAP financial measures to the most comparable U.S. GAAP performance measures, all of which should be considered when evaluating the Company’s performance. For more information on the non-GAAP financial measures, please see the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP Results” set forth at the end of this announcement. Exchange Rate Information This announcement contains translations of certain RMB amounts into U.S. dollars (“US$”) at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to US$ were made at the rate of RMB6.5518 to US$1.00, the exchange rate on March 31, 2021 set forth in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or US$ amounts referred could be converted into US$ or RMB, as the case may be, at any particular rate or at all. Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continue,” or other similar expressions. Among other things, the Impact of COVID-19, Outlook and quotations from management in this announcement, as well as Bilibili’s strategic and operational plans, contain forward-looking statements. Bilibili may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its interim and annual reports to shareholders, in announcements, circulars or other publications made on the website of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Bilibili’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the impact of the COVID-19 pandemic on Bilibili’s business, results of operations, financial condition, and stock price; Bilibili’s strategies; Bilibili’s future business development, financial condition and results of operations; Bilibili’s ability to retain and increase the number of users, members and advertising customers, provide quality content, products and services, and expand its product and service offerings; competition in the online entertainment industry; Bilibili’s ability to maintain its culture and brand image within its addressable user communities; Bilibili’s ability to manage its costs and expenses; PRC governmental policies and regulations relating to the online entertainment industry, general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission and the Hong Kong Stock Exchange. All information provided in this announcement and in the attachments is as of the date of the announcement, and the Company undertakes no duty to update such information, except as required under applicable law. For investor and media inquiries, please contact: In China: Bilibili Inc.Juliet YangTel: +86-21-2509-9255 Ext. 8523E-mail: ir@bilibili.com The Piacente Group, Inc.Emilie WuTel: +86-21-6039-8363E-mail: bilibili@tpg-ir.com In the United States: The Piacente Group, Inc.Brandi PiacenteTel: +1-212-481-2050E-mail: bilibili@tpg-ir.com BILIBILI INC. Unaudited Condensed Consolidated Statements of Operations (All amounts in thousands, except for share and per share data) For the Three Months Ended March 31,December 31,March 31, 2020 2020 2021 RMBRMBRMB Net revenues: Mobile games1,150,613 1,129,656 1,170,746 Value-added services (VAS)793,553 1,247,226 1,496,529 Advertising214,266 722,424 714,687 E-commerce and others157,103 740,821 519,111 Total net revenues2,315,535 3,840,127 3,901,073 Cost of revenues(1,785,071) (2,896,003) (2,963,197)Gross profit530,464 944,124 937,876 Operating expenses: Sales and marketing expenses(605,957) (1,020,688) (1,000,059)General and administrative expenses(171,377) (342,819) (388,531)Research and development expenses(297,335) (483,973) (580,254)Total operating expenses(1,074,669) (1,847,480) (1,968,844)Loss from operations(544,205) (903,356) (1,030,968) Other income/(expenses): Investment (loss)/income, net(26,481) 9,016 168,212 Interest income26,652 14,995 11,277 Interest expense(15,172) (34,743) (33,245)Exchange gains/(losses)12,710 13,388 (28,423)Others, net17,333 71,750 20,763 Total other income, net15,042 74,406 138,584 Loss before income tax(529,163) (828,950) (892,384)Income tax(9,392) (14,761) (12,475)Net loss(538,555) (843,711) (904,859)Accretion to redeemable noncontrolling interests(1,270) - - Net loss attributable to noncontrolling interests4,584 15,912 1,304 Net loss attributable to the Bilibili Inc.'s shareholders(535,241) (827,799) (903,555) Net loss per share, basic(1.62) (2.34) (2.54)Net loss per ADS, basic(1.62) (2.34) (2.54)Net loss per share, diluted(1.62) (2.34) (2.54)Net loss per ADS, diluted(1.62) (2.34) (2.54)Weighted average number of ordinary shares, basic329,443,167 353,736,436 355,351,263 Weighted average number of ADS, basic329,443,167 353,736,436 355,351,263 Weighted average number of ordinary shares, diluted329,443,167 353,736,436 355,351,263 Weighted average number of ADS, diluted329,443,167 353,736,436 355,351,263 The accompanying notes are an integral part of this announcement. BILIBILI INC. NOTES TO UNAUDITED FINANCIAL INFORMATION (All amounts in thousands, except for share and per share data) For the Three Months Ended March 31, December 31, March 31, 2020 2020 2021 RMB RMB RMB Share-based compensation expenses included in: Cost of revenues6,875 12,660 14,550 Sales and marketing expenses6,759 12,080 13,012 General and administrative expenses26,416 72,407 126,023 Research and development expenses15,474 50,214 60,810 Total55,524 147,361 214,395 BILIBILI INC. Unaudited Condensed Consolidated Balance Sheets (All amounts in thousands, except for share and per share data) December 31, March 31, 2020 2021 RMB RMB Assets Current assets: Cash and cash equivalents4,678,109 17,601,728 Time deposits4,720,089 6,209,128 Accounts receivable, net1,053,641 1,092,744 Prepayments and other current assets1,930,519 3,414,654 Short-term investments3,357,189 3,226,651 Total current assets 15,739,547 31,544,905 Non-current assets: Property and equipment, net761,941 901,056 Production cost, net667,876 684,431 Intangible assets, net2,356,959 2,817,368 Goodwill1,295,786 1,594,781 Long-term investments, net2,232,938 2,167,560 Other long-term assets810,561 698,621 Total non-current assets 8,126,061 8,863,817 Total assets 23,865,608 40,408,722 Liabilities Current liabilities: Accounts payable3,074,298 3,099,553 Salary and welfare payables734,376 508,527 Taxes payable127,192 102,305 Short-term loans100,000 100,000 Deferred revenue2,118,006 2,208,619 Accrued liabilities and other payables1,237,676 1,522,845 Total current liabilities 7,391,548 7,541,849 Non-current liabilities: Long-term debt8,340,922 8,312,464 Other long-term liabilities350,934 315,282 Total non-current liabilities8,691,856 8,627,746 Total liabilities 16,083,404 16,169,595 Total Bilibili Inc.’s shareholders’ equity7,600,200 24,071,136 Noncontrolling interests182,004 167,991 Total shareholders’ equity 7,782,204 24,239,127 Total liabilities and shareholders’ equity 23,865,608 40,408,722 BILIBILI INC. Unaudited Reconciliations of GAAP and Non-GAAP Results (All amounts in thousands, except for share and per share data) For the Three Months Ended March 31,December 31,March 31, 2020 2020 2021 RMBRMBRMB Net loss(538,555) (843,711) (904,859)Add: Share-based compensation expenses55,524 147,361 214,395 Amortization expense related to intangible assets acquired through business acquisitions8,472 16,007 26,145 Income tax related to intangible assets acquired through business acquisitions- (1,514) (1,514)Adjusted net loss(474,559) (681,857) (665,833) Net loss attributable to the Bilibili Inc.'s shareholders(535,241) (827,799) (903,555)Add: Share-based compensation expenses55,524 147,361 214,395 Amortization expense related to intangible assets acquired through business acquisitions8,472 16,007 26,145 Income tax related to intangible assets acquired through business acquisitions- (1,514) (1,514)Adjusted net loss attributable to the Bilibili Inc.'s shareholders(471,245) (665,945) (664,529)Adjusted net loss per share, basic(1.43) (1.88) (1.87)Adjusted net loss per ADS, basic(1.43) (1.88) (1.87)Adjusted net loss per share, diluted(1.43) (1.88) (1.87)Adjusted net loss per ADS, diluted(1.43) (1.88) (1.87)Weighted average number of ordinary shares, basic329,443,167 353,736,436 355,351,263 Weighted average number of ADS, basic329,443,167 353,736,436 355,351,263 Weighted average number of ordinary shares, diluted329,443,167 353,736,436 355,351,263 Weighted average number of ADS, diluted329,443,167 353,736,436 355,351,263
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    19:42:29 PM 05/13/2021
    Summary :
    Average return is down -3.3%
    Median return is down -1.7%
    26 out of 40 stocks are down.
    Today News :
    15:27:03 PM 05/13/2021APEI
    Why American Public's (APEI) Shares Dip 17% Over a Month
    The suspension of the Army's new registration portal ArmyIgniteED is ailing American Public Education (APEI).
    10:45:00 AM 05/13/2021FEDU
    Four Seasons Education Reports Fourth Quarter and Fiscal 2021 Unaudited Financial Results
    Four Seasons Education (Cayman) Inc. ("Four Seasons Education" or the "Company") (NYSE: FEDU), a leading Shanghai-based educational company dedicated to providing comprehensive after-school education services with a focus on high-quality math education, today announced its unaudited financial results for the fourth quarter and fiscal year 2021, ended February 28, 2021.
    09:45:00 AM 05/13/2021FEDU
    Four Seasons Education (Cayman), Inc. to Host Earnings Call
    NEW YORK, NY / ACCESSWIRE / May 13, 2021 / Four Seasons Education (Cayman), Inc. (NYSE:FEDU) will be discussing their earnings results in their 2021 Fourth Quarter Earnings call to be held on May 13, 2021 at 8:00 AM Eastern Time.
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    19:42:21 PM 05/13/2021
    Summary :
    Average return is down -3.2%
    Median return is down -3.5%
    13 out of 14 stocks are down.
    Today News :
    16:38:39 PM 05/13/2021TLRY
    Tilray Just Got A Lot Bigger — So Is The Pot Stock A Buy?
    Tilray has fallen from its massive run this year, but it completed its planned merger with Aphria. Is TLRY stock a buy right now?
    14:23:02 PM 05/13/2021TLRY
    Implied Volatility Surging for Tilray (TLRY) Stock Options
    Investors need to pay close attention to Tilray (TLRY) stock based on the movements in the options market lately.
    13:12:49 PM 05/13/2021TLRY
    Tilray Looks Attractive After Completion Of Merger With Aphria
    With the increasing possibility of federal legalization in the United States, cannabis stocks have been in the limelight. One cannabis company that looks attractive from a long-term investment perspective is Tilray (TLRY). Recently, the company closed a merger agreement with Aphria, creating the largest cannabis company by revenue. It seems that Tilray is well-positioned for sustained growth in the coming years. Let’s talk about the positive growth triggers. Looking at the industry outlook, a MarketsAndMarkets report estimated that the legal cannabis market was valued at $20.5 billion in FY2020. The industry size is expected to swell to $90.4 billion by FY2026. This would imply a CAGR of 28% in the next five years. In another report, BofA Securities estimated that the global cannabis market (illicit + legal) was worth $186 billion in FY2020. The market size is likely to swell to $300 billion by FY2030. As more countries legalize cannabis, there could be a seismic shift toward the regulated market. Clearly, tremendous market opportunity lies ahead. Therefore, it's not surprising that Jefferies analyst Owen Bennett upgraded the stock to Buy from Sell. Bennett has a price target of $23 for the stock. This would imply upside potential of 58.3% from current levels of $14.53. (See Tilray stock analysis on TipRanks) Key Investment Positives Last month, it was reported that three top senators are drafting a bill to federally legalize marijuana. If legalization indeed takes place, it ccould be a major stock upside catalyst. Tilray already has a strong presence in the U.S. hemp and CBD segment. The company has access to 17,000 stores in North America, including Costco (COST), Kroger (KR), and Amazon (AMZN). The company intends to leverage this network for further expansion of CBD and other cannabinoids. It’s also worth noting that in November 2020, Aphria acquired SweetWater Brewing for a consideration of $300 million. This beverage-cannabis crossover deal is likely to help the company in two ways. First and foremost, it gives the merged entity an entry into the cannabis-infused beverage market. The market is expected to be worth $8.5 billion by FY2027. Furthermore, SweetWater has approximately 4,000 points of sale across 27 states. Tilray can leverage on the strong distribution network to offer other products once cannabis is federally legalized. Tilray also has a strong presence in Europe, which is another big market for cannabis. In Portugal, the company has an EU-GMP (European Union Good Manufacturing Practice) low-cost cultivation and production facility. The Portugal facility is used for exports to countries like Germany, United Kingdom, France, and Israel. Additionally, the company is setting up an EU-GMP certified facility in Germany, which is a major market for medicinal cannabis. According to the company’s estimate, the European cannabis market size will be $3.9 billion by FY2025. Tilray is well-positioned to be among the top players, considering its market reach. The company is targeting medicinal cannabis leadership in Europe, which is likely to succeed, given the focus on evidence-backed medicinal products. Additionally, the company already has a leadership position in Canada. Another positive from the merger perspective is a potential reduction in cash burn. As a matter of fact, Aphria has already been EBITDA positive in the last six quarters. As revenue growth accelerates, the combined entity is well-positioned for healthy EBITDA and cash flow growth. What Analysts are Saying About TLRY Stock According to TipRanks’ analyst rating consensus, TLRY stock comes in as a Moderate Buy, with 4 Buy and 8 Hold ratings. As for price targets, the average analyst price target is $22.73 per share, implying around 56.43% upside potential from current price levels. Analyst price targets range from a low of $17 per share to a high of $26.8 per share. Concluding Views In the wake of the merger, Tilray has $454 million in cash. This gives the company financial flexibility for pursuing marketing and growth activities. With a comprehensive portfolio of flowers, pre-rolls, vapes, beverage, and medicinal cannabis, Tilray is well positioned to be an industry performer. Disclosure: On the date of publication, Faisal Humayun did not have (either directly or indirectly) any positions in the securities mentioned in this article. Disclaimer: The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities.
    19:20:00 PM 05/13/2021ACB
    Why Hexo, Canopy Growth, and Aurora Cannabis Stocks Are Dropping Today
    On a bright day for the stock market in general -- the S&P 500 is up a solid 1.5% -- marijuana stocks are wilting today. As of 2:35 p.m. EDT, three of the best-known names in the sector, Hexo (NYSE: HEXO), Canopy Growth (NASDAQ: CGC), and Aurora Cannabis (NYSE: ACB), are down 3.1%, 3.6%, and 5.3%, respectively. If there's any news of relevance to report today, it's that in the halls of Congress, two Republican lawmakers have just introduced a bill to legalize marijuana at the federal level, and to "protect banks that service state-legal cannabis business and ensure that military veterans are specifically permitted to use marijuana in compliance with state laws," reports MarijuanaMoment.net.
    17:50:59 PM 05/13/2021ACB
    Aurora Cannabis Reports Late As Analyst Notes These 'Structural' Hurdles
    ACB stock and other marijuana stocks reversed lower. The company reports the results after rivals Cronos Group and Aphria reported results that missed expectations, and as analysts grow concerned about fresh coronavirus-related lockdowns in Canada, where cases have spiked and few are fully vaccinated. Estimates: Wall Street expects Aurora Cannabis to lose 17 cents per share, or 21 cents Canadian.
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    19:42:53 PM 05/13/2021
    Summary :
    Average return is down -3.1%
    Median return is down -3.0%
    12 out of 13 stocks are down.
    Today News :
    15:49:00 PM 05/13/2021PAAS
    Why Pan American Silver Stock Dropped Today
    Shares of Pan American Silver (NASDAQ: PAAS) dropped almost 12% early Thursday, and remained down 10% as of 11:20 a.m. EDT. Pan American owns and operates silver and gold mines located in Mexico, Peru, Canada, Argentina, and Bolivia. The company specifically pointed to continued pandemic impacts in South America, as well as issues at its La Colorada mine in Mexico contributing to lower quarterly sales and production.
    13:18:01 PM 05/13/2021PAAS
    Pan American Silver (PAAS) Earnings & Sales Miss Estimates in Q1
    Pan American Silver (PAAS) Q1 results impacted by inventory build-up and lower production due to COVID-19 pandemic.
    13:15:00 PM 05/13/2021PAAS
    Pan American Silver Corp. to Host Earnings Call
    NEW YORK, NY / ACCESSWIRE / May 13, 2021 / Pan American Silver Corp. (NASDAQ:PAAS) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 13, 2021 at 11:00 AM Eastern Time.
    13:45:00 PM 05/13/2021ASM
    Avino Silver & Gold Mines Ltd. to Host Earnings Call
    NEW YORK, NY / ACCESSWIRE / May 13, 2021 / Avino Silver & Gold Mines Ltd. (AMEX:ASM) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 13, 2021 at 12:00 PM Eastern Time.
    15:45:00 PM 05/13/2021AXU
    Alexco Resource Corp. to Host Earnings Call
    NEW YORK, NY / ACCESSWIRE / May 13, 2021 / Alexco Resource Corp. (AMEX:AXU) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 13, 2021 at 2:00 PM Eastern Time.
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