Weibo Shares Are Trading Higher After the Company Reported Better-than-expected Q3 Financial Results.
Twitter's Chinese Peer Weibo Q3 Earnings: Beats Expectations, Advertising Stabilizes, VAS Growth Shines & More
Weibo's Q3 Monthly Active Users Were 587M And Average Daily Active Users Were 257M In September 2024
Weibo Q3 2024 Adj. EPS $0.53 Beats $0.44 Estimate, Sales $464.480M Beat $435.978M Estimate
Earnings Week Ahead: NVDA, WMT, SNOW, TGT, BIDU, NIO, ZIM, and More
U.S. stocks closed: Powell suppressed rate cut expectations, the three major indexes accelerated their decline in the last minutes.
1. China concept stocks were generally down, with the Nasdaq Golden Dragon Index falling by 1.81%; 2. The Trump transition team is planning to cancel the $7,500 tax credit for electric autos; 3. Ford was fined $0.165 billion for failing to comply with recall requests; 4. Blackrock aggressively bought Apple in Q3 and continued to increase its shareholding in the 'Big Seven' companies.