Sina (SINA): Q2 EPS of $0.05 beats by $0.07. Revenue of $126.9M (+11% Y/Y) misses by $0.4M. Expects Q3 revenue of $145M-$148M, in-line with $147.3M consensus. Shares +3% AH. (PR) [View news story]
Visa (V -2.5%) and Mastercard (MA -3.5%) face an "unavoidable" slowing in the next 3-6 months, says UBS' John Williams, downgrading both to Sell. He worries that both stocks sit near all-time highs even as they are exposed to clear weakening in global consumer spending. [View news story]
Time To Play China With Exceed Company [View article]
Sina (SINA): Q2 EPS of $0.05 beats by $0.07. Revenue of $126.9M (+11% Y/Y) misses by $0.4M. Expects Q3 revenue of $145M-$148M, in-line with $147.3M consensus. Shares +3% AH. (PR) [View news story]
Visa (V -2.5%) and Mastercard (MA -3.5%) face an "unavoidable" slowing in the next 3-6 months, says UBS' John Williams, downgrading both to Sell. He worries that both stocks sit near all-time highs even as they are exposed to clear weakening in global consumer spending. [View news story]
TripAdvisor (TRIP): Q1 EPS of $0.38 beats by $0.08. Revenue of $183.7M (+93% Y/Y) beats by $8M. Shares +17.4% AH. (PR) [View news story]
Sina: Great Growth Potential But Valuations Are Too High [View article]