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Why Reddit (RDDT) Stock Is Down Today [Yahoo! Finance]

Texas Gov. Abbott orders state agencies to divest from China [FOX Business Network]

Here's the formula companies like Netflix, Uber, and Spotify will use to capture $2T in growth over the next decade [Yahoo! Finance]

Reddit Stock Drops as Advance Reportedly Plans To Borrow Against Stake [Yahoo! Finance]

iQiyi, Chinese Video Streamer, Profits Halved in Third Quarter [Yahoo! Finance]

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4.7%

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New Street Research

Top News Gainers

3/19 CVC backs $1.3 billion bid for Chinese games developer Leyou: sources [Reuters] 7.1%

3/13 Valorant is coming this summer [CNNMoney.com] 5.9%

4/4 China mourns thousands who died in virus epidemic [Reuters] 4.5%

3/23 FOCUS-At Alibaba's Lazada, coronavirus measures become the latest culture conflict [Reuters] 4.3%

4/15 Medopad rebrands as Huma, acquires BioBeats and TLT to expand its biomarker platform [TechCrunch Blog] 4.2%

12/12 HK stocks end at 3-week high on bargain hunting [Reuters] 4.1%

12/31 China's Tencent Group buys 10% of Universal Music for $3.4 billion [MSN Money] 3.9%

3/10 Asia stocks mixed as investors watch for stimulus measures [CNBC] 3.8%

3/26 Dr. Arianne Hinds Joins Tencent 3.8%

4/22 GRAPHIC-China's equity funds outperform Asian peers in first quarter [Reuters (UK)] 3.5%

Top News Decliners

3/16 The outbreak is a test for China's tech industry [CNNMoney.com] -9.0%

3/12 Tencent gets approval to publish two Nintendo Switch games in China [Reuters] -8.3%

8/3 The NBA is the most popular sports league in China, and esports could be key to more growth [CNBC] -5.7%

3/18 Q4/2019 12/31/2019 EPS 2.248 ZacksConsensus 0.330 ActVsEst 1.918 - Beat -5.1%

3/7 Surprise! China Is Using Covid-19 To Strengthen Its Mass Surveillance Of Citizens [zero hedge] -4.7%

5/19 Google suspends some business with Huawei after Trump blacklist [Toronto Globe and Mail (Ontario, Canada)] -4.6%

1/20 Tencent says to step up investment overseas and in smart retail [Reuters] -4.6%

8/14 Q2/2019 6/30/2019 EPS 2.456 ZacksConsensus N/A ActVsEst N/A - N/A -4.3%

5/16 Q1/2019 3/31/2019 EPS 2.844 ZacksConsensus 0.300 ActVsEst 2.544 - Beat -4.3%

4/1 Tencent and United Nations announce global partnership to hold thousands of conversations online through platforms including VooV Meeting for the UN's 75th anniversary -4.1%

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In short, News Quantified specializes in matching financial news with market data. We've analyzed 10s of millions of news events and know exactly which ones have an outsized impact on stock prices. So every single time a news item is released we know exactly what the average effect will be on a particular stock.

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