What happened Shares of $DiDi Global Inc.(DIDI)$plunged 44% on Friday, following reports that the Chinese ride-hailing leader was ceasing its preparations for a listing on the Hong Kong Stock Exchange. So what DiDi reportedly went ahead with its initial public offering (IPO) in June despite calls from Chinese regulators to first strengthen its data management systems, so as to better protect its users' personal information. That decision led the Chinese government to prevent Didi from signing up new users as it conducted a review of the company's cybersecurity practices. In December, the situation worsened to the point that Didi announced its intention to delist its shares from the New York Stock Exchange. It said at the time

In late August,Nvidia(NVDA-2.08%)reported results for its fiscal second-quarter (ended July 31), and they weren't great. The company's growth slowed dramatically, and its guidance projects that to continue. Like many businesses, the challenging economic environment is taking a toll on this leadingchip manufacturerover the short term, causing volatility in the company's financials.That said, there are many reasons to be bullish on the company. The long-term opportunity for Nvidia looks bright as semiconductors are rising in popularity, and the company is still seeing success in the industries with the highest potential. Shares are down almost 49% year-to-date. Here's why that looks like a deal.Nvidia's rough quarterSecond-quarter earnings results were a significant shift compared to Nvidia'

CAPITALAND Integrated Commercial Trust’s (CICT : C38U -0.97%) net property income (NPI) inched up 0.5 per cent year on year in the first quarter of 2022 to S$248.3 million, the real estate investment trust's (Reit) manager announced on Friday (Apr 29) after market close.The slight yearly growth in NPI was also seen in some of its segments. Retail earnings grew 0.6 per cent to S$101.8 million, integrated development earnings rose 0.8 per cent to S$72.5 million, while NPI from office earnings held steady at S$74 million.Gross revenue for the 3 months ended Mar 31 also rose marginally to S$339.7 million, up 1.5 per cent from Q1 2021.The Reit manager also reported a weighted average lease term of 3.7 years for its properties. By segment, CICT’s retail portfolio WALE is 2 years, while its offic

Does the May share price for Pfizer Inc. (NYSE:PFE) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by taking the expected future cash flows and discounting them to their present value. We will use the Discounted Cash Flow (DCF) model on this occasion. Models like these may appear beyond the comprehension of a lay person, but they're fairly easy to follow. We generally believe that a company's value is the present value of all of the cash it will generate in the future. However, a DCF is just one valuation metric among many, and it is not without flaws. If you still have some burning questions about this type of valuation, take a look at theSimply Wall St analysis model. Is Pfizer fairly valued? We use what is known as a 2-stage model, which simply means

Canadian cannabis concernTilray (TLRY)got a big boost from earnings last week. The company reported that it grew its sales 8% in the fiscal fourth quarter of 2022, and grew sales 22% for the year as a whole.Tilray wasn't profitable, of course. Indeed, the company reported net losses of $458 million in Q4, and $434 million for the year as a whole. But investors forgave that oversight, keying in instead on management's promise to produced between $70 million and $80 million in "adjusted EBITDA" in fiscal 2023, and to turn "free-cash flow positive in its operating business units" as well.This week, Jefferies analystOwen Bennettjoined in the general good feeling about Tilray's news, commenting that he saw "signs of Canadian improvement" in Tilray's results, and was "impressed" with the perform