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NASDAQ

NetEase Cloud Music Posts Double-Digit Q3 Revenue Increase As Gross Profit Cracks $46 Million NASDAQ

NetEase Cloud Music Posts Double-Digit Q3 Revenue Increase As Gross Profit Cracks $46 Million

Photo Credit: NetEase NetEase Cloud Music generated CNY 2.36 billion (currently $328.89 million) during Q3 2022, according to a newly released earnings report, representing a more than 22 percent year-over-year (YoY) increase. The China-based music streaming platform’s Q3 2022 showing just recently came to light in an earnings report from…
bubmag
November 24, 2022
Pure Sunfarms launches collection of CBD products designed for daily living NASDAQ

Pure Sunfarms launches collection of CBD products designed for daily living

DELTA –  Pure Sunfarms Corp., a wholly owned subsidiary of Village Farms International, Inc. (NASDAQ: VFF), introduces Nowadays to its growing brand portfolio, a CBD collection created to offer consumers high-quality, CBD-focused products that fit into their daily lives with ease. “With 30 per cent of Canadian cannabis consumers seeking…
bubmag
November 23, 2022
Warner Music Group Stock Spikes Following Q3 2022 Earnings Report, Including a 24% Jump In Publishing Revenue NASDAQ

Warner Music Group Stock Spikes Following Q3 2022 Earnings Report, Including a 24% Jump In Publishing Revenue

Warner Music Group stock (NASDAQ: WMG) spiked after the company achieved a modest year-over-year (YoY) revenue improvement as well as a 63 percent operating income increase during 2022’s third quarter. The Big Three record label, which is set to welcome a new CEO at 2023’s start, posted its Q3 2022…
bubmag
November 22, 2022
Market Snapshot: U.S. stocks trade lower, led by drop in Nasdaq, as China COVID-19 fears resurface NASDAQ

Market Snapshot: U.S. stocks trade lower, led by drop in Nasdaq, as China COVID-19 fears resurface

U.S. stocks finished lower on Monday for the third time in the past four trading sessions, as a fresh round of COVID-19 shutdowns in China rattled investors. How stocks traded The Dow Jones Industrial Average DJIA, +1.05% closed down by 45.41 points, or 0.1%, at 33,700.28 after toggling between slight…
bubmag
November 21, 2022
Futu Reports 23% Rise in Net Profit despite Lower Trading Volumes NASDAQ

Futu Reports 23% Rise in Net Profit despite Lower Trading Volumes

Futu (Nasdaq:FUTU), an online brokerage providing Chinese investors access to Hong Kong and US stock markets, releases its unaudited third-quarter financial metrics, reporting a revenue increase of 12.4% to HK$1,945.6 million ($247.9 million). The gross profit of the company came in at HK$1,727.5 million ($220.1 million), raising 18% year-over-year (YoY),…
bubmag
November 21, 2022