hapabapa/iStock Editorial via Getty Images Weibo Corporation ( WB ), a social media platform in China, has not done well recently, despite the release of the latest earnings report during this time. The Q4 FY2025 report came in below expectations, which caused the stock to drop and pushed it below a support level that had kept WB afloat for months. However, while headwinds have gotten stronger for...
hapabapa/iStock Editorial via Getty Images Weibo Corporation ( WB ), a social media platform in China, has not done well recently, despite the release of the latest earnings report during this time. The Q4 FY2025 report came in below expectations, which caused the stock to drop and pushed it below a support level that had kept WB afloat for months. However, while headwinds have gotten stronger for several reasons, there are nonetheless plenty of reasons to be long WB. WB Fell Below a Key Support Level A previous article from January 2026 written by myself mentioned why WB had enough to take it higher. For instance, the stock had rebounded after a selloff, which did not happen by accident, as it occurred close to an important support level, around $9.50 or so. WB appeared to be heading higher by resuming the prior uptrend after a temporary correction, which is part of why I chose to rate WB a buy in the article. Source: Thinkorswim app However, this did not turn out to be correct because the stock proceeded to challenge the previously mentioned support level once more, and while support did manage to repeat what it had done before, which is to prevent WB from going lower, by doing so for a second time, it was unable to do so for a third time. The chart above shows how the stock fell below the support level on March 18 after bouncing off of the support level multiple times. A New Support Level Seems to Have Been Found The previous article mentioned how WB had rallied from a low of $7.10 in April 2025 to a high of $12.96 in October 2025, and the 61.8% Fibonacci retracement of $7.10 to $12.96 is $9.34 per ADS. WB challenged this support level a number of times in the past half year, and for a time support was able to stand its ground. For instance, the first challenge ended in November 2025 with WB reaching as low as $9.46, or just $0.12 above $9.34, before turning higher. Another challenge in the early part of March saw the stock hit an intraday low of $9.23 on March 9...
Earnings Call Insights: FactSet (FDS) Q2 fiscal 2026 Management View CEO Sanoke Viswanathan said, "ASV growth accelerated in Q2 for the fourth consecutive quarter" and reported that "Organic ASV grew 6.7% to $2.45 billion." He also stated, "Based on our strong first half performance, we are raising our ASV revenue and EPS outlook ranges for fiscal 2026" while "maintaining our guidance range for op...
Earnings Call Insights: FactSet (FDS) Q2 fiscal 2026 Management View CEO Sanoke Viswanathan said, "ASV growth accelerated in Q2 for the fourth consecutive quarter" and reported that "Organic ASV grew 6.7% to $2.45 billion." He also stated, "Based on our strong first half performance, we are raising our ASV revenue and EPS outlook ranges for fiscal 2026" while "maintaining our guidance range for operating margin as we continue to balance investments with productivity improvements." CEO Viswanathan highlighted workflow and platform traction, including that "Capital Group expanded their use of our Portware trading platform" and that "our new order management solution, LiquidityBook, is gaining significant traction with hedge funds and other institutional buy-side clients." He also said, "Our newly announced partnership with Finster will accelerate our agentic platform for banking," and added that FactSet is "actively partnering with Anthropic, OpenAI and other leading frontier labs" to make FactSet datasets available in marketplaces. CEO Viswanathan emphasized contract structure and retention dynamics: "Our direct feed-based exposure now represents less than 20% of ASV" and "our overall ASV retention continued at over 95% in Q2." He added, "In Q2, the majority of our renewed ASV was in the form of enterprise agreements or contracts that are more than 3 years' duration" and "on average, these renewals extended in length by more than 30%." CFO Helen Shan said, "For the second quarter, organic ASV accelerated to 6.7%, an increase of $38 million" and reported, "Second quarter revenues grew 7.1% year-over-year to $611 million" and "Adjusted earnings per share was $4.46." She also said, "Adjusted operating margin came in at 35% for the quarter," attributing the margin profile to "the timing of strategic investments" including "accelerated technology spend on cloud infrastructure and AI tools." Outlook Management raised full-year ranges. CFO Helen Shan said, "ASV growth is no...
Maritime traffic through the Strait of Hormuz — a vital route for exports of oil, natural gas and other commodities from the Persian Gulf — remains severely constrained more than a month after the US and Israel launched strikes against Iran. Iran sits above the strategic waterway and has effectively closed it to all but approved vessels. Oil and gas prices have surged since the start of the war, a...
Maritime traffic through the Strait of Hormuz — a vital route for exports of oil, natural gas and other commodities from the Persian Gulf — remains severely constrained more than a month after the US and Israel launched strikes against Iran. Iran sits above the strategic waterway and has effectively closed it to all but approved vessels. Oil and gas prices have surged since the start of the war, as the collapse in Hormuz transits tightens global supply. In public, President Donald Trump has threatened to attack Iran’s energy infrastructure unless it reopens the strait — in the same breath as claiming “great progress” in talks to end the war. In private, he’s told aides that he’s willing to stop the US military campaign even if the waterway remains mostly closed, the Wall Street Journal reported . Iran has rejected a 15-point peace proposal from the US, and its own five conditions for halting the hostilities include international recognition of Iranian sovereignty over the Strait of Hormuz. What’s the significance of the Strait of Hormuz? Situated between Iran to its north and the United Arab Emirates and Oman to its south, the Strait of Hormuz connects the Persian Gulf to the Indian Ocean. It’s around 100 miles (161 kilometers) long and 24 miles wide at its narrowest point. The shipping lanes in each direction are just two miles wide. The strait is an essential passage for the oil market, handling about a quarter of the world’s seaborne oil trade. Saudi Arabia, Iraq, Iran, Kuwait, Bahrain, Qatar and the UAE all ship crude through Hormuz and the majority of their cargoes go to Asia. Gulf countries are also home to refineries that produce large volumes of diesel, naphtha — used to make plastics and gasoline — and other petroleum products that are exported globally via the strait. The waterway is crucial for the liquefied natural gas market, too. Around a fifth of the world’s LNG supply — mostly from Qatar — passed through this channel last year. Asian countries also b...
National Bank Holdings Corp. Chief Executive Officer Tim Laney says ``we will continue to have conversations'' about possible takeover targets after the acquisition of Dallas-based Vista Bancshares. He and National Bank Chair John Steinmetz, Vista's former CEO, speak with Bloomberg's Julie Fine. (Source: Bloomberg)
National Bank Holdings Corp. Chief Executive Officer Tim Laney says ``we will continue to have conversations'' about possible takeover targets after the acquisition of Dallas-based Vista Bancshares. He and National Bank Chair John Steinmetz, Vista's former CEO, speak with Bloomberg's Julie Fine. (Source: Bloomberg)
hapabapa/iStock Editorial via Getty Images We are back to comment on DiDi Global ( DIDIY ) following a not-so-lucky period in our initiation of coverage and the company's Q4 release. It is not very common for us to focus on Chinese listed equities. For our new readers, the company is a leading technology platform for shared mobility, with international segments. We rated DiDi Global overweight due...
hapabapa/iStock Editorial via Getty Images We are back to comment on DiDi Global ( DIDIY ) following a not-so-lucky period in our initiation of coverage and the company's Q4 release. It is not very common for us to focus on Chinese listed equities. For our new readers, the company is a leading technology platform for shared mobility, with international segments. We rated DiDi Global overweight due to 1) its China mobility segment that was combining growth and margin expansion, 2) the autonomous vehicle upside with also robotaxi models, and 3) an attractive valuation with a $2 billion ongoing buyback program. Since our strong buy recommendation, DiDi shares have lost more than 20% (Fig. 1), creating an opportunity to double down. Mare Ev. Lab Rating Update Fig 1 DiDi Global Results and Our Positive Stance In Q4, DiDi Core Platform Transactions increased by 13.5% (Fig. 2), with the China Mobility segment up by 10.1% and the International segment up by 24.5% compared to Q4 2024. Looking at the P&L, the company made a decisive investment to increase market expenditure and incentives in the International segment. So, China Mobility segment adj. EBITA reached RMB 2.6 billion, while the International segment reported a loss of RMB 3.4 billion. DiDi 2025 Numbers in a Snap Fig 2 Why Are We Positive? Starting with the accounting, here at the Lab, the company reported an IFRS profit of RMB 1.0 billion. However, this number was affected by a one-time RMB 5.3 billion ($740 million) provision. This negative one-off is related to a potential US lawsuit. As we can see from the " In re DiDi Global Inc. Securities Litigation ," investors' key allegations were related to 1) data security violations and 2) imminent regulatory crackdown. The write-off was already booked in Q2 2025. So, this was not a surprise (we reported this downside in our risk section). In numbers, excluding these negative (not-yet) cash items, the company's adjusted profit stood at a much healthier RMB 7.9 billion....