New Oriental Education & Technology Group Inc.
2.35 - 2.49
1.68 - 19.97
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sympathy via GOTU EDU other edu shit cans?
97 Replies 14 👍 14 🔥
block trade on that edu
147 Replies 8 👍 15 🔥
@DarkPoolAlgo #Dark Pool Charts
Monday, July 26, 2021 Futures Up/Down % Last Dow -112.00 0.32% 34,839 S&P 500 -10.25 0.23% 4,393 Nasdaq -20.50 0.14% 15,077 Stocks are pulling back after another record high for stocks on Friday as markets ready for the biggest week of quarterly earnings (about 1/3 of the S&P 500 report this week) including mega-cap giants including Apple, Amazon, Facebook, Microsoft, Alphabet, Tesla, and Boeing among them. Sentiment was hurt by China’s widening crackdown of the technology sector and a statement from Beijing that the U.S.-China relationship was “now in a stalemate and faces serious difficulties” as high-level talks began. The comment sunk Asian markets as The Nikkei Index rose 285 points to 27,833, but the Shanghai Index tumbled -82 points to 3,467 and the Hang Seng Index plunged -1,129 points (or 4.13%) to settle at 26,192. In Europe, the German DAX is down over -60 points to 15,600, while the FTSE 100 dips about -0.25% to hold just above the 7,000 level. The yield on the benchmark 10-year Treasury fell to 1.246% as investors awaited the Federal Reserve’s outlook. The FOMC 2-day meeting begins Tuesday and ends Wednesday with a policy statement/press conference from Fed Chairman Jerome Powell. Stock averages posted strong returns last week as the S&P 500 rose 1.96%, the Dow rose 1.08%, and the Nasdaq added 2.84% in a big comeback (and then some) as the major indices rode a rally back into record territory, posting four-straight up days after a big selloff to start the week. The S&P, Nasdaq and Dow closed at all-time highs to make it four winning weeks out of five with the Dow ending above 35,000. It took 69 trading days to go from 34k to 35k, which is the longest since 29k to 30k took 218 days. The 10-year Treasury yield also had a big comeback, but ended the week around 1.29%, just below where it was last Friday (it had dropped to as low on 1.12% on Tuesday). Bitcoin prices rose above its 50-day moving average on Saturday for the first time since May 12. It rose again Sunday, its sixth consecutive day of gains, to above $38K. Bitcoin traded above the technical level after comments from Ark Investment Management LLC’s Cathie Wood and Tesla Inc. Chief Executive Officer Elon Musk helped boost its momentum. Prices took off yesterday after London’s City A.M. newspaper said Amazon ($AMZN) is looking to accept bitcoin payments by year-end – the story is boosting shares of Bitcoin miners, banks etc.: $SI, $MARA, $RIOT, $MSTR, $COIN. Market Closing Prices Yesterday The S&P 500 Index gained 44.31 points, or 1.01%, to 4,411.79 The Dow Jones Industrial Average rose 238.20 points, or 0.68%, to 35,061.55 The Nasdaq Composite surged 152.39 points, or 1.04%, to 14,836.99 The Russell 2000 Index advanced 10.17 points, or 0.46% to 2,209.65 Events Calendar for Today 10:00 AM ET New Home Sales MoM for June 10:30 AM ET Dallas Fed Manufacturing for July Earnings Calendar: Earnings Before the Open: $ARLP, $BOH, $CBU, $HAS, $LII, $LMT, $OTIS, $PETS, $RPM Earnings After the Close: $ACC, $ADC, $AGNC, $AGRX, $AMKR, $AMP, $ARE, $ARI, AXTA, $BDN, $BRO, $CALX, $CATY, $CDNS, $CR, $FFIV, FRME, $FSTX, $HLX, $HMST, $HSII, $HTLF, $HXL, $IRT, $JJSF, KREF, MEDP, MEDS, $NBTB, $PKG, $RBB, $RRC, $SSD, $SUI, $TBI, $TNET, $TSLA, $UHS Other Key Events: Alzheimer’s Association International Conference (AAIC) 2021 (virtual), 7/26-7/30 Society of Cataract & Refractive Surgery, 7/23-7/27, in Las Vegas Macro Up/Down Last Nymex -0.56 71.51 Brent -0.48 73.62 Gold 6.30 1,808.45 EUR/USD 0.0023 1.1794 JPY/USD -0.28 110.27 10-Year Note -0.04 1.245% World News Germany July IFO climate8 vs 102.1 cons; Expectations 101.2 vs 103.3 consensus; Assessment 100.4 vs 101.5 consensus; German IFO: Supply problems are weighing on economy in both industry & retail; majority of firms complain of materials shortage and “massive” price increases; industry says it is short of production targets Sector News Breakdown Consumer Hasbro ($HAS) Q2 adj EPS $1.05 vs. est. $0.48; Q2 revs $1.32B vs. est. $ 1.17B Travel and leisure stocks rallied in the initial reopening stage of the pandemic, but the surge has fizzled with the spread of the delta variant. Barron’s identifies six stocks that can be bargains during the next leg of the reopening. Hilton ($HLT), Host Hotels & Resorts ($HST), MGM Growth Properties ($MGP), Royal Caribbean ($RCL), Travel + Leisure ($TNL), and Wyndham Hotels & Resorts ($WH) have some attributes to withstand uncertain stretches amid the rise in Covid variant, according to Barron’s China confirmed that the country is banning for-profit school tutoring companies after a report on the possible move sent shares of tutoring firms TAL Education ($TAL), New Oriental ($EDU) and Gaotu Techu ($GOTU) plunging on Friday. Companies that teach school subjects can no longer accept overseas investments, according to a Bloomberg report, which cited a notice from China’s State Council. Listed firms can no longer raise capital through stock markets Airbnb ($ABNB) CEO told Barron’s that the industry still has room to grow despite the delta variant. The pandemic has opened up a whole new business, such as monthly rentals, as people work from new places. He expects longer stays to be the bread and butter at some point TripAdvisor ($TRIP) is the cheapest online travel stock to buy according to Barron’s saying while it has struggled to make the most of its hundreds of millions of users, that could soon change as the company has started a new travel subscription service that offers discounted hotel rates and other benefits; shares now around $36, look inexpensive, having fallen from a March peak of $65 Amazon ($AMZN) is said to be looking to accept bitcoin payments by the end of the year and its exploring its own token for next year. Amazon has been working on the plan since 2019, according to a City A.M. report, which cites an unidentified insider General Motors ($GM) and its Cruise robo-taxi subsidiary have filed a lawsuit to stop Ford Motor ($F) from using the name “BlueCruise” to market its hands-free driving technology Energy, Industrials and Materials RBC Bearings ($ROLL) is in advanced talks to buy ABB Ltd.’s ($ABB) mechanical power transmission business, for between $2.5 billion and $3 billion Bloomberg reported this weekend Lithium Americas ($LAC) rises after a U.S. federal judge ruled that LAC may conduct excavation work at its Thacker Pass lithium mine site in Nevada, which could become one of the country’s biggest lithium mines producing 30,000 tonnes Otis Worldwide ($OTIS) Q2 adj EPS 79c vs. est. 71c; Q2 revs $3.7B vs. est. $3.45B; Q2 new equipment orders were up 23.9% and backlog was up 10%; raises FY21 adjusted EPS view to $2.89-$2.93 from $2.78-$2.84 (est. $2.87) and boosts FY21 revs view to $14.1B-$14.2B from $13.6B-$13.9B Canada’s Unifor union says ~900 workers have gone on strike at Rio Tinto’s ($RIO) Kitimat aluminum smelting plant and Kemano power generating facility in British Columbia over labor contracts with the company Seadrill ($SDRLF) said it entered into agreements with creditors to raise $350 million in new financing and reduce its liabilities by over $4.9 billion Financials Robinhood ($HOOD) IPO coming soon, and Barron’s cautious on shares; notes Robinhood is a truly transformational company, but its problem is the quality and sustainability of its revenue, notes is also highly dependent on cryptocurrency trading, another area under close review by the SEC KeyCorp ($KEY), M&T Bank ($MTB) among bank stocks with yields above 3%, according to Barron’s noting this year’s rally in bank stocks appears to have slowed to a sputter, but investors should stick around given banks’ reliable dividends Healthcare Bristol Myers ($BMY) decided to voluntarily withdraw the indication for Opdivo as a single agent for patients with hepatocellular carcinoma Incyte Corporation ($INCY) said the FDA issued a Complete Response Letter regarding its Biologics License Application (BLA) for retifanlimab, an intravenous PD-1 inhibitor, for the treatment of adult patients with locally advanced or metastatic squamous cell carcinoma of the anal canal (SCAC) who have progressed on, or who are intolerant of, platinum-based chemotherapy. Genetron Holdings ($GTH) announces that its Ayvakit (avapritinib) companion diagnostic (CDx) kit, developed in partnership with CStone Pharmaceuticals has entered the priority review and approval process in China. PerkinElmer, Inc. ($PKI) entered into an agreement to acquire BioLegend, a leading, global provider of life science antibodies and reagents, for approximately $5.25 billion in a combination of cash and stock, subject to certain adjustments Tonix Pharmaceuticals ($TNXP) said it will stop enrollment in the Phase 3 Rally study of TNX-102 SL 5.6 mg for the management of fibromyalgia, sending shares lower by over 30% Technology, Media & Telecom Tencent Music ($TME) shares fall -14% after Chinese regulators ordered the company to give up exclusive music streaming rights and pay half a million yuan in fines Check Point ($CHKP) Q2 EPS $1.61 vs., est. $1.56; Q2 revs $526.1M vs. est. $523.7M Consumer spending on videogames in the second quarter eked out a 2% gain against very tough pandemic comps, as data from NPD Group’s Q2 2021 Games Market Dynamics report show overall spending hit $14B for the April-June quarter, with gains across PC, cloud and non-console VR content, mobile and subscription spending as well as hardware.
96 Replies 15 👍 11 🔥
like TAL and EDU
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thank christ i wasnt writing tal or edu puts lol
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look at TAL edu
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@DarkPoolAlgo #Dark Pool Charts
Friday, July 23, 2021 Futures Up/Down % Last Dow 169.00 0.49% 34,878 S&P 500 21.25 0.49% 4,381 Nasdaq 71.50 0.48% 15,000 Stocks looking to build on weekly gains, boosted overnight from strong results in the social media sector as both Twitter ($TWTR) and Snap ($SNAP) top expectations in what has been a generally strong week for quarterly earnings. After yesterday’s semiconductor weakness behind TXN guidance, Dow component Intel ($INTC) issues a beat and raise for the year last night, though conservative guidance for Q3 weighs on shares early. Major indexes rose for a third straight session on Thursday as investors looked past mixed weaker data showing a rise in first-time claims for unemployment benefits last week. In Asian markets, The Nikkei Index rose 159 points to 27,548, the Shanghai Index fell -24 points to 3,550, and the Hang Seng Index drops over 400 points (1.45%) to settle at 27,321. In Europe, the German DAX is up over 150 points (about 1%) to 15,665, while the FTSE 100 gains over 50 to 7,025. While enthusiastic about the economic recovery, investors remained nervous about the spread of the delta variant of COVID-19 which had weighed on sentiment last week. Markets also prepare for the busiest week of quarterly earnings coming up with results from Apple, Alphabet, and Facebook among them,. Market Closing Prices Yesterday The S&P 500 Index gained 8.79 points, or 0.20%, to 4,367.48 The Dow Jones Industrial Average rose 25.35 points, or 0.07%, to 34,823.35 The Nasdaq Composite gained 52.64 points, or 0.36%, to 14,684.60 The Russell 2000 Index declined -34.57 points, or 1.55% to 2,199.48 Events Calendar for Today 9:45 AM ET Markit Composite Flash PMI 9:45 AM ET Markit Manufacturing PMI for July 9:45 AM ET Markit Services Flash PMI 1:00 PM EST Baker Hughes Weekly rig count data Earnings Calendar: Earnings Before the Open: $ACBI, $AIMC, $AXP, $CIVB, $FHN, $GNTX, $HON, $KMB, $NEE, $NEP, $RF, $ROP, $SBSI, $SLB, $SXT Macro Up/Down Last Nymex -0.09 71.82 Brent -0.11 73.68 Gold -7.45 1,799.50 EUR/USD -0.0008 1.1763 JPY/USD 0.31 110.45 10-Year Note +0.026 1.293% World News Eurozone July Markit Mfg. PMI (flash) beat: 62.6 vs 62.5 consensus Eurozone July Markit Services PMI (flash) beat: 60.4 vs 59.5 consensus UK June Retail Sales Inc Auto Fuel YoY, actual 9.7%, est. 9.5%, prior 24.6% UK June Retail Sales Inc Auto Fuel MoM, actual 0.5%, est. -0.1%, prior -1.4%, revised -1.3% German July Markit/BME Germany Composite P, actual 62.5, est. 60.7, prior 60.1 German July Markit Germany Services PMI, actual 62.2, est. 59.5, prior 57.5 UK Markit/CIPS UK Services PMI, actual 57.8, est. 62.0, prior 62.4 UK July Markit UK PMI Manufacturing SA, actual 60.4, est. 62.3, prior 63.9 Sector News Breakdown Consumer Magna International Inc. ($MGA) to acquire Veoneer, Inc. ($VNE) for $ 31.25 per share in cash, representing a total value of $ 3.8 billion, and an enterprise value of $ 3.3 billion, inclusive of Veoneer’s cash, net of debt and other debt-like items as of March 31, 2021 Chinese education names getting crushed down over 40%: New oriental (EDU), TAL Education (TAL), and Gaotu Techedu ($GOTU) getting crushed on Bloomberg report that China is considering asking companies that offering tutoring on the school curriculum to go non-profit, according to people familiar with the matter. In rules currently being mulled, the platforms will likely no longer be allowed to raise capital or go public, the people said Boston Beer ($SAM) shares fall -15%; Q2 EPS $4.75 vs. est. $6.69; Q2 revs $602.8M vs. est. $657.6M; sees year EPS $18.00-$22.00 vs. est. $24.66; in 2021 and going forward, company has chosen not to report covid-19 related direct costs separately Del Taco ($TACO) Q2 adj EPS $0.16 vs. est. $0.11; Q2 revs $125M vs. est. $122.79M; Q2 system-wide comp store sales up 17.8%; Q2 company-operated comp sales up 18.3% and Q2 franchise comp sales up 17.2%; expects system-wide new unit growth to achieve 5% in 2023 led by franchising Skecher’s ($SKX) 2Q EPS $0.88 vs est. $0.52 on revs $1.66B vs es.t $1.49B; guides 3Q EPS $0.70-0.75 vs est. $0.63, sees 3Q revs $1.6-1.65B vs est. $1.52B; guides FY EPS $2.55-2.65 vs est. $2.13, sees FY revs $6.15-6.25B vs est. $5.93B Lamb Weston Holdings ($LW) announces $415 million capital investment in new French fry processing line in American falls, Idaho; declares quarterly dividend Robert Half ($RHI) 2Q EPS $1.33 vs est. $1.05 on revs $1.58B vs est. $1.48B Scholastic ($SCHL) 4Q adj EPS $0.90 on revs $401.4Mm; expects significant growth in FY22 revs yr/yr com ($GAMB) 5.25M share IPO priced at $8.00 Xponential Fitness ($XPOF) 10M share IPO priced at $12.00 Energy DMC Global (BOOM) 2Q EPS $0.10 vs est. $0.13 on sales $65.4Mm vs est. $69.5Mm; guides 3Q sales $46-48Mm vs est. $73.3Mm First Energy (FE) 2Q adj EPS $0.59 vs est. $0.57 on revs $2.6B vs est. $2.65B; guides 3Q adj EPS $0.70-0.80 vs est. $0.82; guides FY adj EPS $2.40-2.60 vs est. $2.50 Financials Capital One ($COF) Q2 adj EPS $7.71 vs. est. $4.61; Q2 revs $7.4B vs. est. $7.09B; NII $5.74B vs est. $5.58B, NIM 5.89% -10bps sequentially, common equity tier 1 capital ratio 14.5%, provision decreased $337Mm to ($1.2B) vs 1Q Bank OZK ($OZK) Q2 EPS $1.16 vs. est. $0.92; return on average assets 2.24% vs. 0.78% y/y; return on average equity 13.7% vs. 4.92% y/y; net interest income $240.7 million, +11% y/y; efficiency ratio 38.4% vs. 42.1% y/y Independent Bank ($INDB) Q2 EPS $1.17 vs. est. $1.08; Q2 revs $118.32M vs. est. $117.92M; total assets of $14.2B at June 30 increased by $420.3M, or 3.1%, from the prior quarter, and by $1.2B, or 9.0%, as compared to the year ago period; Q2 total loans at June 30 decreased by $307.7M, or 3.3%, when compared to the prior quarter RenaissanceRe ($RNR) 2Q adj EPS $5.64 vs est. $4.74 on revs $1.48B vs est. $1.28B, says net claims and claim expenses incurred associated with the covid pandemic were not significant in 2Q SVB Financial ($SIVB) Q2 GAAP EPS of $9.09 vs. est. $6.50; Q2 revs up 69% YoY to $1.49B (+69.0% Y/Y) beats by $350M; Q2 average loans of $49.8 billion, an increase of $3.5 billion; period-end loans of $50.8 billion, an increase of $3.1 billion; average total client funds increased $45.9 billion to $308.1 billion, which includes an increase in average on-balance sheet deposits of $23.2 billion R. Berkley ($WRB) Q2 EPS $1.27 vs. est. $0.94; Q2 revenue $2.30B vs. est. $2.16B; Q2 net premiums written $2.21B vs. $1.74M last year and consolidated combined ratio of 89.7% vs. 98.7% last year Future FinTech ($FTFT) files $200M mixed securities shelf S. Century Bank ($USCB) 4M share IPO priced at $10.00 Healthcare Caribou Biosciences (CRBU) 19M share IPO priced at $16.00 Cytek Biosciences (CTKB)7M share IPO priced at $17.00 Sophia Genetics (SOPH) 13M share IPO priced at $18.00 Industrials & Materials Honeywell ($HON) Q2 EPS $2.02 vs. est. $1.94; Q2 revs $8.81B vs. est. $8.63B; raises FY21 adj EPS view to $7.95-$8.10 from $7.75-$8.00 (est. $8.01) and boosts FY21 revenue view to $34.6B-$35.2B from $34B-$34.8B (est. $34.93B) Carlisle Corp. ($CSL) Q2 adj EPS $2.16 vs. est. $2.12; Q2 revs $1.2B vs. est. $1.15B; now sees full year sales to be up mid-teens Celanese ($CE) 2Q EPS $4.81 vs est. $4.44 on revs $2.2B vs est. $1.96B; guides 3Q adj EPS $4.50-4.75 vs est. $3.39; guides FY adj EPS $16.50-17.00 vs est. $13.98 S. Xpress Enterprises ($USX) Q2 adj EPS $0.08 vs. est. $0.16; Q2 revs $475M vs. est. $463.69M; continues to expect strong freight demand for balance of 2021; says expects total fleet size to begin growing in q3 Vicor ($VICR) reports Q2 EPS 43c vs. est. 33c; Q2 revs $95.4M vs. est. $93.98M Technology, Media & Telecom Intel Corp. ($INTC) 2Q adj EPS $1.28 vs est. $1.05 on revs $18.5B vs est. $17.8B; guides 3Q adj revs $18.2B vs est. $18.1B and adj EPS about $1.10 vs est. $1.08; guides FY adj revs $73.5B vs est. $72.8B, sees FY adj EPS $4.80 vs est. $4.62, sees FY adj gr mgn about 56.5% Twitter ($TWTR) Q2 EPS $0.20 vs. est. $0.07; Q2 revs $1.19B vs. est. $1.07B; Q2 Advertising revenue totaled $1.05 billion, an increase of 87% yoy, or 85% on a constant currency basis; Q2 cost per engagement (CPE) increased 42% yoy; reached 206 million average monetizable DUA in 2q, up 11%; Q2 international revenue $537m; had 11% year-over-year growth in monetizable daily active usage Snap inc. ($SNAP) 2Q adj EPS $0.10 vs est. ($0.01) on revs $982Mm vs est. $845.5Mm, DAU +23% to 293Mm; guides 3Q revs $1.07-1.085B vs est. $1.0B, sees 3Q adj EBITDA $100-120Mm vs est. $116.7Mm, says currently estimate DAU grow about 21% yr/yr to reach about 301Mm in 3Q, continues to invest heavily in video advertising, says the expected iOS platform policy changes did not materialize in 2Q to disrupt ad demand Verisign ($VRSN) Q2 EPS $1.31 vs. est. $1.32; Q2 revs $329M vs. est. $327.95M; ended 2q with cash, cash equivalents and marketable securities of $1.12B; ended Q2 with 170.6 million .com and .net domain name registrations in the domain name base, a 5.2% increase from the end of the second quarter of 2020, and a net increase of 2.59 million during the second quarter of 2021 Clearfield ($CLFD) 3Q EPS $0.44 on sales $38.7Mm; guides FY sales $150-160Mm above est. $122.9Mm Outbrain ($OB) 8M share IPO priced at $20.00
42 Replies 10 👍 12 🔥
[29/06/2021 12:22 PM] Garage Traders: EDU 08/20/2021 CALL $10.00 $108.6K $8.23 1,551 @ $0.70 i like this one from earlier
118 Replies 6 👍 9 🔥
@Dhong #Market Masters Academy
Hello I'm Edu from Philippines
106 Replies 9 👍 13 🔥
Next Dividend Date
New Oriental is the largest provider of private educational services in China offering a wide range of educational programs, services and products to a varied student population throughout China. New Oriental's program, service and product offerings consist of K-12 after-school tutoring, test preparation, language training for adults, pre-school education, primary and secondary school education, education materials and distribution, online education, and other services.
CEO: Chenggang Zhou
HQ: No. 6 Hai Dian Zhong Street, 9Th Floor Beijing, 100080 Beijing