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7 items- NEWSKanzhun's Strong Quarter Overshadowed By Broad Sell-Off In Chinese Stocks: DetailsChinese online recruitment platform Kanzhun Ltd (NASDAQ:BZ) reported a fiscal first-quarter 2024 revenue increase of 33.4% year-over-year to 1.70 billion Chinese yuan ($235.97 million), beating the analyst consensus estimate of $229.64 million. Adjusted EPADS of $0.16 beat the analyst consensus estimate of $0.13. The stock price declined after the print in sync with other Chinese stocks following a record surge in bearish bets against China ETFs, Bloomberg reports. Revenues from online recruitment services to enterprise customers were $233.2 million, up by 33.6% Y/Y. Calculated cash billings were $284 million, up 24.3% Y/Y. Average monthly active users (MAUs) were 46.6 million, an i
- NEWSElectric Scooter Company Niu Tech Stock Falls After Q1 Print, Read The DetailsNiu Technologies (NASDAQ:NIU) reported a fiscal first-quarter 2024 revenue growth of 21.0% to 504.7 million Chinese yuan ($69.91 million), mainly due to an increase in sales volume of 36.8% partially offset by a decrease in revenues per e-scooter of 11.6%. The company reported earnings per ADS of $(0.10). Adjusted net loss was CNY (48.5) million versus CNY (46.1) million a year ago. The stock price declined after the print. The number of e-scooters sold increased by 36.8% Y/Y to 129,139, with sales in China growing by 35.1%. International e-scooter sales climbed 47.6% to 19,024 units. The number of franchised stores in China was 2,878 as of March 31, 2024. The quarterly gross margin
- NEWSBitcoin Stock Canaan Up After Q1 Print, What's Going On?Canaan Inc (NASDAQ:CAN) reported a fiscal first-quarter 2024 revenue decline of 36.5% year-on-year to $35.09 million, beating the analyst consensus estimate of $30.10 million. Earnings per ADS loss of $(0.16) beat the analyst consensus estimate loss of $(0.36). The stock price gained after the print. Products revenue in the first quarter of 2024 was $23.4 million, compared to $44.1 million Y/Y. Mining revenue in the first quarter of 2024 was $10.5 million, representing a decrease of 5.7% Y/Y. The company sold a total computing power of 3.4 million Thash/s. Canaan held $54.7 million in cash and equivalents as of March-end. The company’s holdings of Bitcoin surpassed 1,000 for th
- NEWSDouYu Beats Q4 Projections Despite Drop in Livestreaming, Advertising Revenues SkyrocketDouYu International Holdings Limited (NASDAQ: DOYU) reported a fourth-quarter fiscal 2023 revenue decline of 22.9% to $182.5 million year-on-year, beating the consensus of $170.9 million. The Chinese game-centric live streaming platform’s adjusted earnings per ADS loss of $(0.00) beat the consensus loss of $(0.02). The stock price declined after the results. Segments: DouYu’s Livestreaming revenues decreased by 36.1% Y/Y to $143.8 million due to the soft macroeconomic environment. Advertising and other revenues increased by 226.5% Y/Y to $38.8 million, primarily attributable to the increase in other revenues contributed by other innovative business. Gross margin declined from 11.
- NEWSChina's Leading Audio Entertainment App Tencent Music's Users Decline In Q4, But Paying Subscribers SurgeTencent Music Entertainment Group (NYSE:TME) reported a fourth-quarter revenue decline of 7.2% year-over-year to $971 million (CNY6.89 billion), beating the consensus of $932 million. China’s leading online music and audio entertainment platform’s adjusted EPADS of $0.14 (CNY1.00) was in line with the consensus. Key Metrics: The Q4 Monthly active users (MAUs) for online music declined by 4.2% Y/Y to 576 million. Mobile MAUs for social entertainment decreased by 28.8% Y/Y to 104 million. Monthly ARPPU for online music grew by 20.2% Y/Y to CNY10.7, Monthly ARPPU for social entertainment declined by 54.0% Y/Y to CNY78.0, and Online music paying users increased by 20.6% Y/Y to 106.7 mi
- NEWSThese Developed Markets Outside US Are Getting Bullish: Here's What VEA ETF Technical Chart ShowsThe Vanguard FTSE Developed Markets ETF (NYSE:VEA) just formed a Golden Cross on the technical charts. Developed markets, outside the U.S., hope for a bullish price trend ahead. The VEA ETF: The VEA ETF tracks the FTSE Developed ex-U.S. All Cap Net Tax (US RIC) Index. It offers exposure to developed markets outside of North America, including: Europe (~53%) Japan (20%) Australia (6%). In essence, it is an investment vehicle popularly used to get overweight ex-U.S. developed markets. Currently, 70% of the ETF is invested in large-cap stocks, with the financial sector being the dominating sector at 21.62%. The VEA ETF trumps the iShares MSCI EAFE ETF (NYSE:EFA) in dept
- PRVanguard Reports Expense Ratio Changes Across Equity and Bond FundsVALLEY FORGE, Pa., Feb. 25, 2022 /PRNewswire/ -- Vanguard today reported expense ratio changes for 18 funds across multiple ETF and mutual fund share classes, including a wide range of international strategies. The firm continues to return value to investors through lower fund expenses on its path to returning $1 billion in cost savings to shareholders by the end of 2025. The changes reported today in prospectus filings align to funds with fiscal years ending October 2021 and represent $34.2 million in net savings for investors.1 Expense ratio changes occur for a variety of re
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6 questionsWhat does Vanguard Total International Stock ETF do?
The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in developed and emerging markets, excluding the United States. The fund employs an indexing investment approach designed to track the performance of the FTSE Global All Cap ex US Index, a float-adjusted market-capitalization-weighted index designed to measure equity market performance of companies located in developed and emerging markets, excluding the United States. It invests all, or substantially all, of its assets in the common stocks included in...Where does VXUS stock trade?
Vanguard Total International Stock ETF (VXUS) is listed on NASDAQ.What sector and industry is VXUS in?
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