Sohu.com Inc. (SOHU) - NASDAQ
  • Jul. 27, 2015, 2:31 AM
    • Sohu.com (NASDAQ:SOHU): Q2 EPS of -$0.71 beats by $0.09.
    • Revenue of $493.57M (+23.3% Y/Y) beats by $12.91M.
    | Jul. 27, 2015, 2:31 AM
  • Jul. 26, 2015, 5:30 PM
  • Jul. 9, 2015, 5:40 PM
    • Top gainers, as of 5.25 p.m.: GCI +4.5%. SBS +2.2%. CHMT +2.2%. UDF +2.2%. SOHU +1.9%.
    • Top losers, as of 5.25 p.m.: Z -5%. HALO -4.7%. HELE -4.6%. DOV -3.9%. AQXP -2.4%.
    | Jul. 9, 2015, 5:40 PM | 1 Comment
  • Jul. 9, 2015, 11:25 AM
    • With local regulators continuing to scramble to halt plunging equity prices - among other things, investors with 5%+ stakes have been barred from selling shares for 6 months - Chinese markets reversed course last night. Shanghai rose 5.8%, Shenzhen rose 3.8%, and Hong Kong rose 4.5%. The Nasdaq is currently up 1.2%.
    • Not surprisingly, U.S.-traded Chinese tech firms are flying higher. Big gainers include Sina (SINA +13.6%), Sohu (SOHU +11.1%), JD.com (JD +8.1%), Vipshop (VIPS +8.3%), Qunar (QUNR +9%), ChinaCache (CCIH +14.1%), Renren (RENN +9.5%), Wowo (WOWO +11.9%), Leju (LEJU +9.1%), China Mobile Games (CMGE +8.3%), Xunlei (XNET +9.7%), Sky-mobi (MOBI +9%), and eLong (LONG +18.1%).
    • Also up strongly (previously covered): Qihoo, 21Vianet, E-House, Youku, Baozun, NQ Mobile, Weibo, Cheetah Mobile, Jumei, and Momo. In addition, YY and Dangdang are rallying after becoming the latest Chinese companies to receive going-private offers.
    • The Guggenheim China Tech ETF (NYSEARCA:CQQQ) is now up 19% from a Wednesday low of $30.09; it's still down 22% from a May peak of $45.74.
    • ETFs: KWEB, QQQC, EMQQ
    • Two days ago: Chinese tech stocks crater; many names down over 10%
    | Jul. 9, 2015, 11:25 AM | 13 Comments
  • Jul. 7, 2015, 10:42 AM
    • The selloff in Chinese equities refuses to let up: Shanghai fell 1.3% overnight, Shenzhen fell 5.3%, and Hong Kong fell 2.7%. The declines come amid a backdrop of frantic government efforts to halt the plunge, and requests by hundreds of Chinese companies for trading halts.
    • The lion's share of U.S.-traded Chinese Web and mobile firms are down at least 5%, and many are down more than twice that. In alphabetical order by ticker, major decliners include Autohome (ATHM -10.6%), Bitauto (BITA -18.7%), Baozun (BZUN -22.7%), ChinaCache (CCIH -14.6%), Cheetah Mobile (CMCM -15.2%), China Mobile Games (CMGE -13.2%), Ctrip (CTRP -10.1%), Changyou (CYOU -12.6%), Dangdang (DANG -13.8%), iDreamSky (DSKY -15.4%), E-House (EJ -15.9%), Jumei (JMEI -20.2%), Leju (LEJU -12.1%), eLong (LONG -12.6%), Momo (MOMO -9.4%), NQ Mobile (NQ -16.7%), NetEase (NTES -12.2%), Qihoo (QIHU -10.3%), Qunar (QUNR -14.2%), Renren (RENN -17.8%), SouFun (SFUN -16.3%), Sohu (SOHU -10.9%), Taomee (TAOM -15.1%), Vipshop (VIPS -9.7%), Weibo (WB -10.9%), 500.com (WBAI -26.2%), Wowo (WOWO -26.7%), 58.com (WUBA -17.3%), Xunlei (XNET -14%), Youku (YOKU -12.2%), and YY (YY -9.4%).
    • The plunge seen over the last two months (aided by panic selling and margin calls?) has led multiples for U.S.-traded Chinese tech names to compress dramatically, with forward P/E and P/S ratios often below those of U.S. peers sporting similar growth profiles. The Guggenheim China Tech ETF (CQQQ -9.3%) is down 29% from a May peak of $45.64.
    • ETFs: KWEB, QQQC, EMQQ
    • Yesterday: Chinese tech stocks tumble again in spite of fresh government support
    • Earlier today: Chinese phone firms decline as country's markets sink
    • Update: The group pared its losses a bit in afternoon trading. CQQQ closed down 5.8%.
    | Jul. 7, 2015, 10:42 AM | 49 Comments
  • Jul. 6, 2015, 11:01 AM
    • The Shanghai exchange rose 2.4% overnight following a Greek rejection of austerity measures and the unveiling by Chinese brokerages of a government-endorsed plan to buy at least RMB120B ($19.3B) worth of shares to prop up nosediving equity prices. However, Shenzhen fell 2.7% and Hong Kong fell 3.7%, with small-cap names especially hard-hit.
    • U.S.-traded Chinese Web/mobile names are seeing heavy losses (CQQQ -7.8%), with small/mid-cap firms unsurprisingly bearing the brunt of the damage. Major decliners include Sina (SINA -8.8%), Weibo (WB -11.6%), YY (YY -7.3%), Sohu (SOHU -9.1%), Changyou (CYOU -11.8%), Youku (YOKU -12.3%), Jumei (JMEI -8.2%), Xunlei (XNET -8.7%), SouFun (SFUN -9.3%), Leju (LEJU -7.6%), E-House (EJ -6.9%), Sky-mobi (MOBI -9.4%), NQ Mobile (NQ -6.3%), 500.com (WBAI -11.6%), Momo (MOMO -6%), and Dangdang (DANG -6.7%).
    • The NYT observes $2.7T in value has evaporated from Chinese equities since local markets peaked on June 12. The paper also notes individual investors own over 80% of Chinese stocks, and that Chinese investors respectively own 112M and 142M accounts on the Shanghai and Shenzhen exchanges, with each exchange seeing ~20M account openings this spring.
    • ETFs: KWEB, QQQC, EMQQ
    | Jul. 6, 2015, 11:01 AM | 16 Comments
  • Jun. 29, 2015, 9:03 AM
    • Believing the company could join the wave of U.S.-traded Chinese firms to receive going-private offers, Mizuho has upgraded SOHU to Buy, and hiked its target by $24 to $70.
    • Mizuho adds it thinks the Chinese search/online video/gaming firm trades at a 17% discount to its fair value on a sum-of-the-parts basis.
    • No movement yet premarket. Sohu fell 7% on Friday, taking part in a broader Chinese tech rout. The Shanghai exchange was down another 3.3% overnight.
    | Jun. 29, 2015, 9:03 AM
  • Jun. 26, 2015, 11:45 AM
    • As was the case a week ago, Chinese Web and mobile names are getting clocked in response to a sharp overseas selloff: Shanghai and Shenzhen respectively fell 7.4% and 7.9% overnight, putting their recent declines around the standard bear market threshold of 20%. The Nasdaq is down 0.4%.
    • Explanations for China's selloff range from tighter margin requirements to cautious analyst notes to speculators simply choosing to take profits following a massive run-up. Shanghai and Shenzhen's 12-month gains now stand at 106% and 132%.
    • Major U.S.-traded decliners include YY (YY -6.5%), Sohu (SOHU -5.4%), Sina (SINA -4.7%), Weibo (WB -5.2%), Xunlei (XNET -9.5%), Dangdang (DANG -8.7%), Jumei (JMEI -9.1%), Youku (YOKU -8.7%), Cheetah Mobile (CMCM -7.2%), Bitauto (BITA -6.7%), SouFun (SFUN -5.9%), ChinaCache (CCIH -5.4%), Zhaopin (ZPIN -5.6%), Wowo (WOWO -3%), and 500.com (WBAI -5.3%).
    • ETFs: CQQQ, KWEB, QQQC, EMQQ
    | Jun. 26, 2015, 11:45 AM | 6 Comments
  • Jun. 23, 2015, 5:34 PM
    | Jun. 23, 2015, 5:34 PM | 1 Comment
  • Jun. 17, 2015, 10:23 AM
    • Qihoo says it has received a ~$10B going-private offer from a group led by CEO Hongyi Zhou, the largest offer yet in the wave of bids received by U.S.-traded Chinese firms in recent weeks.
    • Meanwhile, ahead of Qihoo's announcement, the high-flying Shanghai and Shenzhen exchanges respectively rose 1.7% and 2%. The indices are respectively up 140% and 181% over the last 12 months.
    • In addition to YY and SouFun (previously covered), major Chinese tech gainers include Sina (SINA +4.8%), Weibo (WB +6.1%), Bitauto (BITA +4.9%), Youku (YOKU +6.8%), Momo (MOMO +8.3%), Xunlei (XNET +8.6%), Dangdang (DANG +5.6%), Sohu (SOHU +4.4%), Zhaopin (ZPIN +5.9%), and Jumei (JMEI +6.1%).
    • ETFs: CQQQ, KWEB, QQQC
    | Jun. 17, 2015, 10:23 AM | 14 Comments
  • Jun. 17, 2015, 10:14 AM
    • Ku6 Media (NASDAQ:KUTV) is down 1.5%, bucking China media stocks that are sharply higher this morning.
    • Youku Tudou (YOKU +7.4%), Xunlei (XNET +6.3%) and Sohu.com (SOHU +5.6%) are following other Chinese stocks significantly higher, and Phoenix New Media (NYSE:FENG) is up 2.1%.
    • Ku6 has lost 7.2% of its value since a Q1 report Friday where revenues slipped 32% Q/Q and expressed "substantial doubt" about its ability to continue as a going concern.
    • Previously: Ku6 Media down 7.9% as Q1 revenues slide (Jun. 12 2015)
    | Jun. 17, 2015, 10:14 AM
  • Jun. 14, 2015, 11:19 AM
    • Alibaba (NYSE:BABA) is planning to build China's version of Netflix (NASDAQ:NFLX) and HBO (NYSE:TWX) via a new service called Tmall Box Office.
    • "We want to create a whole new family entertainment experience," Alibaba's Liu Chunning told reporters in Shanghai.
    • TBO will launch in about two months, with content bought from China and other countries, as well as in-house productions.
    • Related tickers: Tencent (OTCPK:TCEHY), Baidu (NASDAQ:BIDU), Sohu (NASDAQ:SOHU)
    | Jun. 14, 2015, 11:19 AM | 69 Comments
  • Apr. 27, 2015, 6:02 AM
    • Sohu.com (NASDAQ:SOHU): Q1 EPS of -$0.81 beats by $0.41.
    • Revenue of $455.33M (+24.6% Y/Y) beats by $15.99M.
    | Apr. 27, 2015, 6:02 AM
  • Apr. 26, 2015, 5:30 PM
  • Apr. 16, 2015, 3:19 PM
    • Today's notable tech gainers include Chinese online gaming/entertainment platform YY (YY +4.5%), Chinese search engine/portal owner Sohu (SOHU +5.4%), U.S. solar installer Vivint (VSLR +4.9%), U.S. solar installer Vivint (VSLR +4.9%), solar power optimizer/inverter maker SolarEdge (SEDG +5%), M2M hardware/software provider I.D. Systems (IDSY +8.9%), DSP core IP provider Ceva (CEVA +7.2%), cloud healthcare software provider Castlight (CSLT +6.1%), and NAND controller/4G transceiver vendor Silicon Motion (SIMO +4.8%). The Nasdaq is nearly flat.
    • Notable decliners include local services marketplace Angie's List (ANGI -6.6%), IP licensing firm Acacia (ACTG -4.4%), and gaming system maker IGT (IGT -5.1%).
    • Dougherty has launched coverage on I.D. Systems at Buy, and Canaccord has done the same for Ceva. Vivint is one of several solar firms to get an Outperform rating from Avondale Partners. Silicon Motion has surged to fresh 52-week highs, and is up 22% since last week's Q1 pre-announcement.
    • Angie's List is giving back some of the big gains seen yesterday after announcing long-time CEO Bill Oesterle plans to retire, and slightly hiking its 2015 adjusted EBITDA guidance. IGT is returning a chunk of the gains seen last week following the closing of the Gtech merger.
    • Previously covered: Etsy, AMD, Fairchild, SanDisk, 58.com, Audience, Travelzoo, Sequans, Carbonite, Identiv
    | Apr. 16, 2015, 3:19 PM | 1 Comment
  • Apr. 8, 2015, 10:58 AM
    • Following a big overnight rally in Hong Kong (followed a 3-day holiday during which Shanghai rallied), beaten-down Chinese Internet and mobile stocks have soared in U.S. trading.
    • The biggest gainers include many names that are far below their 2014 highs: The group includes Qihoo (QIHU +10.5%), YY (YY +14.9%), Taomee (TAOM +14.3%), Sina (SINA +8.7%), and Weibo (WB +12.1%). Mobile game publishers Sky-mobi (MOBI +12.6%), China Mobile Games (CMGE +8%), and iDreamSky (DSKY +13.4%) are also sharply higher, as are online real estate plays SouFun (SFUN +13.1%), E-House (EJ +6.1%), and Leju (LEJU +9.8%).
    • Giants Alibaba (BABA +3.4%) and Baidu (BIDU +4.1%) aren't being left out. Neither are Youku (YOKU +7.5%), 21Vianet (VNET +7.4%), Momo (MOMO +6.8%), Sohu (SOHU +7.7%), Changyou (CYOU +4.5%), Dangdang (DANG +7.3%), Vipshop (VIPS +4.8%), JD.com (JD +3.9%), Jumei (JMEI +6.6%), Sungy Mobile (GOMO +5.8%), China Techfaith (CNTF +7.1%), and KongZhong (KZ +5.5%).
    • Alibaba has proposed an asset injection into its money-losing Alibaba Pictures (+36% in Hong Kong) film arm. Sky-mobi has seen Rosenblatt (Buy) hike its target to $11, while noting many Chinese mobile game developers have been bought out; it thinks Sky-mobi's investments in developers could be worth $140M. NetEase has been upgraded by CICC Research.
    • Over in Hong Kong, software/cloud services provider Kingsoft (OTCPK:KSFTF) rose 24.2% to HKD$29.50. Messaging/gaming giant Tencent (OTCPK:TCEHY) rose 3.3% to HKD$154.80.
    • ETFs: KWEB, CQQQ, QQQC
    | Apr. 8, 2015, 10:58 AM | 134 Comments
Company Description
Sohu.com, Inc. engages in the online media, search, gaming, community, and mobile services. It operates through the following segments: Brand Advertising, Sogou (which mainly consists of the search and others business), Changyou (which mainly consists of the online game business), Mobile and... More
Sector: Technology
Industry: Internet Information Providers
Country: United States