HUYA (NYSE:HUYA) Stock Rating Upgraded by TheStreet 2020/10/24 22:48:44 Daily Political
TheStreet upgraded shares of HUYA (NYSE:HUYA) from a c+ rating to a b- rating in a research note issued to investors on Thursday morning, TheStreetRatingsTable reports. Several other research analysts have also weighed in on the company. JPMorgan Chase & Co. reduced their target price on HUYA from $27.00 to $23.00 and set a neutral […]
HUYA (NYSE:HUYA) Rating Increased to B- at TheStreet 2020/10/24 11:24:55 Stock Observer
HUYA (NYSE:HUYA) was upgraded by research analysts at TheStreet from a “c+” rating to a “b-” rating in a research note issued on Thursday, TheStreetRatingsTable reports. A number of other equities research analysts have also issued reports on the company. Needham & Company LLC reissued a “buy” rating and issued a $29.00 target price on […]
THE ESPORTS ECOSYSTEM: The key players and trends driving the red-hot, fast-growing esports space that's on track to surpass $1.5 billion by 2023 2020/10/22 00:04:00 Business Insider
Summary List Placement This is a preview of The Esports Ecosystem research report from Business Insider Intelligence. Purchase this report. To check to see if you already have access to Business Insider Intelligence through your company, click here. Esports and gaming have burst into the mainstream in recent years, transforming from a vibrant niche to a central form of entertainment around the world. While esports may have once stood for a subset of sports culture, it has grown into a full industry in its own right. That shift has been powered by championing from mainstream celebrities like Michael Jordan, Drake, and DJ Marshmello, an increasing amount of coverage from traditional outlets like ESPN, and, at least in part, the breakneck rise of Fortnite. As competitive gaming cements itself in the popular culture, global investors, brands, media outlets, and consumers are all paying attention. Total esports viewership is expected to grow at a 9% compound annual growth rate (CAGR) between 2019 and 2023, up from 454 million in 2019 to 646 million in 2023, per Business Insider Intelligence estimates.
Is Huya Stock a Buy Now? | The Motley Fool 2020/10/17 15:41:00 The Motley Fool
The company is well-positioned for long-term growth.
Video game live-streaming giants Huya and DouYu are merging, giving Tencent control of a US$10 billion industry giant 2020/10/12 14:45:35 South China Morning Post
A plan from Tencent Holdings to create a US$10 billion Twitch-like live-streaming behemoth was officially set into motion on Monday when Huya announced a plan to merge with DouYu International Holdings, which is expected to delist from the Nasdaq in the coming months.The merger brings together China’s two largest video game live-streaming platforms with a combined 300 million users. That is the vast majority of the 340 million users in China’s game live-streaming market estimated by Shanghai…
What You Need To Know About Joyy, Owner Of TikTok Competitor Likee 2020/08/24 18:58:59 Benzinga
Joyy Inc (NASDAQ: YY ) is one of many companies that compete for an audience in the livestreaming space in China and elswhere. The company, which has seen impressive growth since its 2012 IPO, has seen its stock rise substantially from the $10.95 offering price. The company is the owner of Likee , a competitor to TikTok — which could be a hidden asset. What You Need to Know : Joyy Inc. operates as a leader in livestreaming, short-form video, social networking, e-commerce, education, and finance with brands like YY Live, Bigo Live, Likee, and HAGO. The company is also a large shareholder in Huya Inc. (NYSE: HUYA ), a company that it spun out several years ago. Livestreaming is growing rapidly for the company, but it’s the short-form video segment to which investors should pay attention. A ban on TikTok by President Donald Trump gives owner ByteDance 90 days to sell off the company’s U.S. segment, due to concerns over privacy from a Chinese company controlling data. Joyy's TikTok Competitor: Singapore-based Likee hit 150 million monthly users …
Earnings Scheduled For August 11, 2020 2020/08/11 08:02:27 Benzinga
Companies Reporting Before The Bell • NIO Inc. (NYSE: NIO ) is estimated to report quarterly loss at $0.26 per share on revenue of $503.58 million. • Sysco Inc. (NYSE: SYY ) is expected to report quarterly loss at $0.30 per share on revenue of $9.52 billion. • Affimed Inc. (NASDAQ: AFMD ) is expected to report quarterly loss at $0.16 per share on revenue of $5.52 million. • BioNTech Inc. (NASDAQ: BNTX ) is estimated to report quarterly loss at $0.28 per share on revenue of $52.23 million. • CSP Inc. (NASDAQ: CSPI ) is expected to report earnings for its third quarter. • Casper Sleep Inc. (NYSE: CSPR ) is expected to report quarterly loss at $0.76 per share on revenue of $104.75 million. • eMagin Corporation Common Stock Inc. (AMEX: EMAN ) is expected to report earnings for its second quarter. • Fulcrum Therapeutics Inc. (NASDAQ: FULC ) is estimated to report earnings for its second quarter. • Goodrich Petroleum Corporation Common Stock Inc. (AMEX: GDP ) is expected to report quarterly loss at $0.
Tencent initiates merger of China’s Twitch-like sites Huya and Douyu in move to consolidate gaming lead 2020/08/11 04:43:29 South China Morning Post
Chinese internet giant Tencent Holdings has proposed merging the country’s two biggest video game live-streaming platforms in a deal that would give it a controlling stake in the new entity and help secure its leading position in the domestic market for games and e-sports.Tencent has proposed a stock-for-stock merger of NYSE-listed Huya and Nasdaq-listed Douyu, according to separate statements by the companies on Monday. For Huya, Tencent would purchase 30 million shares from owner Joyy Inc for…
Global X on living in ‘beyond ordinary’ times 2020/08/10 09:52:17 ETF Express
Global X on living in ‘beyond ordinary’ times Submitted By Beverly Chandler | 10/08/2020 - 10:52am Global X, with a range of ETFs that it describes as ‘beyond ordinary’, enjoyed USD1.3 billion in positive net inflows last month, as its ETFs based on cloud computing, gaming and cyber security flowered during the Covid-19 lockdown. Global X, part of the Mirae Asset Global Investments group, has close to USD13 billion under management in ETFs. Jon Maier, Chief Investment Officer at the company says that the firm got off to very good year, right up until February 19th, when, as he puts it: “The market got away from us. That evolved, through a lot of market dislocation, into our Covid-19 experience of lockdown. “We are now in an era of staying at home, which includes working, educating our children and socialising, and having fun. The technology needed to perform many of activities require solutions provided by companies that are a part of our suite of ETFs including cloud computing, ecommerce, education, cyber security and video game and e-sports.
Chinese Tencent Pushes USD 10 Billion Merger of Game-Streaming Units 2020/08/09 01:50:06 South Africa Today
Tencent Holdings ((HKG: 0700) is facilitating a tie-up between two US-listed companies in which it is invested, a move to help the Chinese entertainment titan to fend off rising competition and create a streaming group with a market cap of USD 10 billion. Huya, which is listed on the New York Stock Exchange (HUYA), and […] The post Chinese Tencent Pushes USD 10 Billion Merger of Game-Streaming Units appeared first on South Africa Today .