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UBS Group | 6-K: Report of foreign private issuer (related to financial reporting)
Full Text | Netease Q2 Earnings Conference Transcript: "World of Warcraft" data exceeded expectations, Blizzard's other games will also return one after another
Netease (Nasdaq: NTES; HKEX: 9999) released the second quarter report for 2024 ending on June 30th: Net revenue was 25.5 billion yuan, a year-on-year increase of 6.1%. Net income attributable to Netease shareholders was 6.8 billion yuan, compared to 7.6 billion yuan and 8.2 billion yuan in the previous quarter and the same period last year, respectively. Non-GAAP net income attributable to Netease shareholders was 7.8 billion yuan, compared to 8.5 billion yuan and 9 billion yuan in the previous quarter and the same period last year, respectively. Netease CEO Ding Lei, Vice President of Corporate Development Pang Dazhi, Vice President Hu Zhipeng and other company executives attended the subsequent event.
Full text | Bilibili Q2 earnings conference transcript: The average user age has increased to 25 years old, and the number of daily e-commerce influencers has increased by more than 130% year-on-year.
Bilibili (Nasdaq: BILI; HKEX: 9626) today released its financial report for the second quarter of 2024, ending on June 30: total net revenue was 6.127 billion yuan, a year-on-year increase of 16%. Net loss was 0.608 billion yuan, a year-on-year narrowing of 61%. Adjusted net loss, not following the Generally Accepted Accounting Principles of the United States, was 0.271 billion yuan, a year-on-year narrowing of 72%. After the release of the financial report, Bilibili's Chairman and CEO, Chen Rui, Vice Chairman and COO, Li Ni, and CFO, Fan Xin, and other company executives attended the subsequent earnings conference call, explaining the key points of the financial report and answering analysts' questions.
UBS Group AG (UBS) Gets a Hold From Jefferies
The Bank of Japan's hawkish move has disrupted the global market, and Haruo Ueda is expected to face questioning in parliament.
After the Bank of Japan raised interest rates and Governor Haruhiko Kuroda released hawkish signals earlier this month, Kuroda will face close scrutiny from the market on Friday. He will begin his questioning by members of the House of Representatives at 9:30 a.m., followed by another hearing at 1 p.m. in the House of Councillors. Each session will last for two and a half hours. This unusual hearing is being held during the parliamentary recess because members of parliament insist on the Bank of Japan explaining their actions. The bank's hawkish stance has caused a $6.4 trillion market cap evaporating from global stock markets this month, and the Nikkei 225 index has recorded record declines. The market.
The euro against the US dollar has seen a promising uptrend this month, but there is a risk of being interrupted by Powell suddenly.
Since August, the euro has been rising sharply against the US dollar, reaching a one-year high on Wednesday; however, if Federal Reserve Chairman Jerome Powell adopts a cautious attitude on Friday, this momentum may be reversed. The daily trading volume of the euro/dollar is about $2.29 trillion, accounting for about one-third of the global forex trading volume. Because sellers can easily find buyers and vice versa, this has become the simplest way for market participants to bet against the US economy. The Bank of New York Mellon said that fund managers betting on a rate cut cycle by the Federal Reserve have been buying euros in large quantities every day for the past two weeks. As the world's largest custodian bank, the bank manages more than $45 trillion.