236.82 0.00 (0.00%)
After hours: 4:08PM EST
|Bid||235.80 x 1300|
|Ask||237.80 x 800|
|Day's range||232.52 - 240.50|
|52-week range||184.60 - 377.64|
|Beta (3Y monthly)||0.94|
|PE ratio (TTM)||35.51|
|Earnings date||5 Feb 2019 - 11 Feb 2019|
|Forward dividend & yield||1.67 (0.71%)|
|1y target est||284.50|
China appoints online video games ethics committee to review games, brightening chances of the resumption of the approval process.
Chinese regulators have set up an online video games ethics committee that has already reviewed 20 titles, state media said, raising hopes the government was preparing to resume an approval process that has been frozen for most of this year. China, the world's biggest gaming market, stopped approving new titles from March amid a regulatory overhaul triggered by growing criticism of video games for being violent and leading to myopia as well as addiction among young users. The freeze on new approvals has pressured gaming-related stocks and clouded the outlook for mobile games, with industry leader Tencent Holdings reporting its first profit decline in more than a decade in the June quarter.
BEIJING—Chinese regulators set up a new committee to review online games, in a step videogaming industry executives and consultants said presaged an end to a crippling freeze on new game approvals. State media reported the new “online game ethics committee” on Friday, and industry executives said the news caught them by surprise. The ethics committee, which falls under the Communist Party’s Propaganda Department, will review games for content and set out guidelines for companies on how to “abide by social morality,” according to a Friday report from Xinhua News Agency.
NEW YORK, Nov. 28, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
The Beijing-based company said it had net income of $1.80 per share. Earnings, adjusted for non-recurring costs, came to $2.55 per share. The internet technology company posted revenue of $2.45 billion ...
NetEase and Vipshop Holdings report after Wednesday's market close. Revenue should move higher and earnings should move lower for both companies.
As Tencent Music, China's largest streaming firm, reportedly stalls on its proposed U.S. IPO, one of its closest challengers is doubling down. NetEase Cloud Music, a rival operated by games and publishing giant NetEase, just closed a fresh $600 million injection from a bevy of investors that include Baidu and General Atlantic, the company announced this week. NetEase will maintain a majority share in the company following this deal although it isn't clear what the valuation is. The business is already valued at over $1 billion, that landmark was reached last year when it raised 750 million RMB, that was around $108 million at the time.
The video game publisher's stock sold off after fans roundly rejected its latest game. Should investors buy or beware?
"Diablo Immortal," a new mobile video game from Blizzard Entertainment, got a negative response from hardcore fans hoping for a sequel to the franchise for personal computers.
Activision Blizzard was probably hoping for cheers from gamers when it unveiled a new mobile app in its important Diablo franchise. That didn’t happen, and now Wall Street is more skittish about the company.
A base is an important concept in chart reading for growth investors. NetEase formed a pair of good ones in both 2015 and 2016
On October 12, Baidu (BIDU) made a strategic investment in NetEase Cloud Music, a unit of NetEase (NTES) and one of the leading streaming music services in China. The investment opens the way for Baidu to become NetEase Cloud Music’s strategic partner. In that position, Baidu plans to work closely with NetEase Cloud Music in areas such as copyright, content, and traffic sharing.
BEIJING—Chinese videogame companies, battered by a halt in new-game approvals, are expecting the freeze to stretch into next year in a blow for a sector that was recently a money spinner. Regulators haven’t greenlighted the sale of new titles since March, when a government reorganization started. Game companies expected approvals to resume this month, following the completion of the shuffle.
NEW YORK, Oct. 19, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
There are rumors that Baidu (BIDU), China’s Internet search engine giant, has partnered with Tron. Tron is a leading global blockchain-based operating system. Cryptocurrency operates autonomously without any central bank interference. Bitcoin is an example of a cryptocurrency.