最新ニュース VNET Gr (NASDAQ:VNET) 株価情報

VNET Gr

VNET started as AsiaCloud in 1999 and moved to the data center business with its first self-developed data center opening in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of June 2024, it had 48,516 self-built retail cabinets with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 358 MW of wholesale capacity in service with a further 297 MW under construction and a further 489 MW held for future development.

VNET Group

21Vianet Group

VNET Group, Inc. - American Depositary Shares

VNET Group Inc

WIIM

AAPL

AKAM

ALGM

BBAI

CAMT

CRUS

CSIQ

CXAI

DELL

DGLY

DOCN

ENPH

ENTG

FSLR

INDI

INGM

IONQ

LFUS

LOGI

LPTH

MKSI

MLGO

MOVE

MVIS

ONTO

OUST

RGTI

RMBS

SEDG

SHOP

SITM

SMCI

SMTC

SWKS

TROO

TWLO

VNET

VSAT

WOLF

ZBRA

Shares of companies within the broader tech sector are trading lower amid an overall market reversal on US-China trade tensions.

<h3>Gainers</h3>
<ul>
<li>Wellchange Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WCT#NASDAQ">WCT</a>) stock moved upwards by 40.8% to $0.27 during Friday's pre-market session. The market value of their outstanding shares is at $12.7 million. </li>
<li>CXApp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CXAI#NASDAQ">CXAI</a>) stock rose 31.38% to $1.06. The company's market cap stands at $19.7 million. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Oblong (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OBLG#NASDAQ">OBLG</a>) shares moved upwards by 30.48% to $4.35. The company's market cap stands at $5.0 million. </li>
<li>Bit Origin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTOG#NASDAQ">BTOG</a>) stock increased by 13.9% to $0.17. The market value of their outstanding shares is at $1.4 million. </li>
<li>Brand Engagement Network (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNAI#NASDAQ">BNAI</a>) stock increased by 12.66% to $0.34. The market value of their outstanding shares is at $13.9 million. </li>
<li>Smith Micro Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMSI#NASDAQ">SMSI</a>) stock increased by 10.41% to $0.82. The company's market cap stands at $14.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Agora (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/API#NASDAQ">API</a>) shares decreased by 16.6% to $3.15 during Friday's pre-market session. The company's market cap stands at $290.3 million. </li>
<li>Intchains Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICG#NASDAQ">ICG</a>) stock fell 16.44% to $1.83. The company's market cap stands at $110.4 million. </li>
<li>Arlo Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARLO#NYSE">ARLO</a>) shares fell 15.87% to $7.16. The company's market cap stands at $733.4 million. </li>
<li>Data Storage (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DTST#NASDAQ">DTST</a>) shares decreased by 15.79% to $2.88. The company's market cap stands at $20.2 million. As per the news, the Q4 earnings report came out 4 days ago. </li>
<li>VNET Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNET#NASDAQ">VNET</a>) shares declined by 12.69% to $6.4. The market value of their outstanding shares is at $1.7 billion. </li>
<li>Soluna Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNH#NASDAQ">SLNH</a>) shares fell 12.4% to $0.43. The company's market cap stands at $4.5 million. The company's, Q4 earnings came out 3 days ago. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

ARLO

BNAI

BTOG

DTST

OBLG

SLNH

SMSI

12 Information Technology Stocks Moving In Friday's Pre-Market Session

News

Offerings

VNET Closes $430M Convertible Senior Notes Offering Due 2030

AMBA

AMPG

ANET

APLD

ARQQ

ASNS

AVPT

AXTI

BNZI

BRZE

CDNS

CRDO

CSAI

DDOG

ERIC

FCUV

GRRR

INFA

LITE

Maxeon Solar Technologies, Ltd. - Ordinary Shares

MAXN

MCHP

MNDY

MOBBW

MSFT

NVTS

OSIS

PATH

PCOR

PONY

QUBT

RCAT

SNOW

SPSC

TRMB

VERI

WDAY

WRAP

WULF

YAAS

Shares of companies in the broader technology sector are trading higher. The sector may be rising as the overall market rebounds after falling recently on tariff concerns.

Citigroup analyst Louis Tsang maintains VNET Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNET#NASDAQ">VNET</a>) with a Buy and raises the price target from $16.1 to $20.

Price Target

Analyst Ratings

Citigroup Maintains Buy on VNET Gr, Raises Price Target to $20

VNET Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNET#NASDAQ">VNET</a>) shares are trading lower on Thursday after the company announced the pricing of its $430 million <a target="_blank" href="https://www.benzinga.com/pressreleases/25/03/n44300047/vnet-prices-offering-of-us-430-million-convertible-senior-notes-due-2030" rel="noreferrer noopener">convertible senior notes offering.</a>
The 2.50% notes, due in 2030, will be senior, unsecured obligations of the company.
The notes will bear interest at 2.50% per annum, payable semi-annually, beginning October 1, 2025. They will mature on April 1, 2030, unless repurchased, redeemed, or converted before then.
The company intends to use the net proceeds for the capital investment in wholesale IDC projects, working capital and general corporate purposes.
Also Read:<a target="_blank" href="https://www.benzinga.com/25/03/44300130/dollar-general-q4-revenue-crushes-estimate-as-sales-in-new-stores-pick-up" rel="noreferrer noopener"> Dollar General Q4 Revenue Crushes Estimate As Sales In New Stores Pick Up; Stock Jumps</a>
Yesterday, VNET reported strong fourth-quarter results, with net revenues rising <a href="https://www.benzinga.com/pressreleases/25/03/n44270460/vnet-reports-unaudited-fourth-quarter-and-full-year-2024-financial-results" target="_blank" rel="noreferrer noopener">18.3% to RMB2.25 billion ($307.8 million).</a>
Adjusted cash gross profit increased by 24.6%, reaching RMB923.9 million, with an improved gross margin of 41.1% compared to 39.1% in 2023.
The company also saw a 63.8% increase in adjusted EBITDA, reaching RMB721.3 million, which includes a RMB87.7 million gain from the disposal of the E-JS02 data center.
Adjusted EBITDA margin for the quarter was 32.1%, up from 23.2% in the previous year.
In a press release dated March 12, the company&#8217;s interim CEO Josh Sheng Chen said, &#8220;Moving into 2025, we remain confident in&nbsp;China&nbsp;market&#8217;s growth potential.&#8221;&nbsp;
&#8220;Looking ahead, we will continue to execute our effective dual-core strategy while investing in future growth to propel our high-quality development and create long-term shareholder value,&#8221; said Qiyu Wang, Chief Financial Officer of VNET.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, VNET stock has gained over 426% in the past year.
Price Action: VNET shares are trading lower by 6.18% to $10.32 at last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/03/44302501/ulta-beauty-q4-earnings-preview-comparable-sales-gross-margins-on-watch" target="_blank" rel="noreferrer noopener">Ulta Beauty Q4 Earnings Preview: Comparable Sales, Gross Margins On Watch</a></li>
</ul>
Image via Shutterstock.

Equities

Markets

General

What's Going On With VNET Group Stock Today?

VNET Group shares are trading lower after the company announced a $400 million convertible senior notes offering.

U.S. stock futures were lower this morning, with the Dow futures falling around 0.1% on Thursday.
Shares of UiPath Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) fell sharply in today's pre-market trading after the company reported a fourth-quarter revenue miss and issued first-quarter revenue <a href="https://www.benzinga.com/news/earnings/25/03/44290549/uipath-shares-plunge-after-q4-revenues-miss-weak-q1-guidance">guidance below estimates</a>.
UiPath reported quarterly earnings of nine cents per share, which beat the analyst consensus estimate of three cents. Quarterly revenue of $424 million missed the analyst consensus estimate of $425.36 million and is an increase over revenue of $405.25 million from the same period last year.
UiPath shares dipped 16.7% to $9.85 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>SentinelOne, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>) fell 13.6% to $16.68 in pre-market trading after the company reported fourth-quarter results.      </li>
<li>American Eagle Outfitters, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEO#NYSE">AEO</a>) shares dipped 10.9% to $10.20 in pre-market trading following fourth-quarter results.</li>
<li>A10 Networks, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATEN#NYSE">ATEN</a>) fell 10.4% to $17.51 in pre-market trading after the company announced $200 million convertible senior notes offering.</li>
<li>VNET Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNET#NASDAQ">VNET</a>) dipped 10.2% to $9.88 in pre-market trading as the company announced a proposed offering of convertible senior notes.</li>
<li>AnaptysBio, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANAB#NASDAQ">ANAB</a>) shares tumbled 6.8% to $16.50 in pre-market trading.</li>
<li>PACCAR Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>) fell 5.2% to $97.00 in pre-market trading.</li>
<li>AngioDynamics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGO#NASDAQ">ANGO</a>) fell 3.2% to $9.10 in pre-market trading.</li>
<li>Mister Car Wash, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCW#NASDAQ">MCW</a>) fell 2.3% to $7.60 in pre-market trading. Raymond James analyst Bobby Griffin initiated coverage on Mister Car Wash with an Outperform rating and announced a price target of $10.</li>
</ul>
Now Read This:<a href="https://www.benzinga.com/25/03/44295828/adobe-intel-and-3-stocks-to-watch-heading-into-thursday"> </a>
<ul>
<li><a href="https://www.benzinga.com/25/03/44295828/adobe-intel-and-3-stocks-to-watch-heading-into-thursday">Adobe, Intel And 3 Stocks To Watch Heading Into Thursday</a></li>
</ul>

Pre-Market Outlook

ANAB

ANGO

ATEN

PCAR

UiPath Posts Weak Revenue, Joins SentinelOne, American Eagle And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

VNET Group shares are trading lower after the company reported mixed Q4 financial results.

Earnings

VNET Q4 EPADS $(0.01) Misses $0.03 Estimate, Sales $307.75M Beat $284.88M Estimate

Guidance

VNET Expects 2025 Total Net Revenues Of RMB9.10B - RMB9.30B (Est RMB9.075B), Representing Growth Of 10% - 13% YoY

VNET Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNET#NASDAQ">VNET</a>) reported quarterly losses of $(0.01) per share which missed the analyst consensus estimate of $0.32 by 103.13 percent. The company reported quarterly sales of $307.80 million which missed the analyst consensus estimate of $2.08 billion by 85.17 percent. This is a 15.11 percent increase over sales of $267.39 million the same period last year.

Earnings Misses

VNET Q4 2024 GAAP EPADS $(0.01), Sales $307.75M

<h3>Companies Reporting Before The Bell</h3>
• EHang Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EH#NASDAQ">EH</a>) is projected to report quarterly loss at $0.07 per share on revenue of $23.36 million. 
• Hello Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOMO#NASDAQ">MOMO</a>) is projected to report quarterly earnings at $0.21 per share on revenue of $365.05 million. 
• Chicago Atlantic Real (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REFI#NASDAQ">REFI</a>) is estimated to report quarterly earnings at $0.56 per share on revenue of $14.19 million. 
• Waterdrop (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WDH#NYSE">WDH</a>) is expected to report earnings for its fourth quarter. 
• Upland Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPLD#NASDAQ">UPLD</a>) is projected to report quarterly earnings at $0.20 per share on revenue of $67.84 million. 
• VNET Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNET#NASDAQ">VNET</a>) is projected to report quarterly earnings at $0.03 per share on revenue of $284.88 million. 
• Vera Bradley (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRA#NASDAQ">VRA</a>) is likely to report quarterly earnings at $0.06 per share on revenue of $107.94 million. 
• Sprinklr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXM#NYSE">CXM</a>) is estimated to report quarterly earnings at $0.07 per share on revenue of $200.59 million. 
• Arcos Dorados Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARCO#NYSE">ARCO</a>) is likely to report quarterly earnings at $0.21 per share on revenue of $1.15 billion. 
• Vivid Seats (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEAT#NASDAQ">SEAT</a>) is expected to report quarterly earnings at $0.06 per share on revenue of $194.15 million. 
• OptimizeRx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPRX#NASDAQ">OPRX</a>) is estimated to report quarterly earnings at $0.27 per share on revenue of $30.36 million. 
• Navigator Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVGS#NYSE">NVGS</a>) is expected to report quarterly earnings at $0.32 per share on revenue of $120.87 million. 
• ABM Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) is projected to report quarterly earnings at $0.78 per share on revenue of $2.09 billion. 
• Smith Douglas Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SDHC#NYSE">SDHC</a>) is likely to report quarterly earnings at $0.45 per share on revenue of $265.85 million. 
• Amarin Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMRN#NASDAQ">AMRN</a>) is expected to report quarterly loss at $0.03 per share on revenue of $32.37 million. 
• ZIM Integrated Shipping (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) is expected to report quarterly earnings at $3.49 per share on revenue of $2.02 billion. 
• Solo Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DTC#NYSE">DTC</a>) is projected to report quarterly earnings at $0.13 per share on revenue of $161.60 million. 
• National Energy Services (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NESR#NASDAQ">NESR</a>) is estimated to report quarterly earnings at $0.25 per share on revenue of $339.84 million. 
• iRobot (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRBT#NASDAQ">IRBT</a>) is expected to report quarterly loss at $1.73 per share on revenue of $171.00 million. 
• Ondas Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONDS#NASDAQ">ONDS</a>) is expected to report quarterly loss at $0.09 per share on revenue of $5.75 million. 
• BingEx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLX#NASDAQ">FLX</a>) is expected to report earnings for its fourth quarter. 
• InspireMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSPR#NASDAQ">NSPR</a>) is likely to report quarterly loss at $0.19 per share on revenue of $1.82 million. 
• United Homes Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UHG#NASDAQ">UHG</a>) is estimated to report earnings for its fourth quarter. 
• Harvard Bioscience (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBIO#NASDAQ">HBIO</a>) is expected to report quarterly earnings at $0.05 per share on revenue of $24.15 million. 
• MagnaChip Semiconductor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MX#NYSE">MX</a>) is expected to report quarterly loss at $0.19 per share on revenue of $61.57 million. 
<h3>Companies Reporting After The Bell</h3>
• Vasta Platform (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSTA#NASDAQ">VSTA</a>) is estimated to report quarterly earnings at $0.25 per share on revenue of $110.28 million. 
• KLX Energy Services Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLXE#NASDAQ">KLXE</a>) is expected to report quarterly loss at $0.80 per share on revenue of $168.90 million. 
• Algoma Steel Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTL#NASDAQ">ASTL</a>) is expected to report earnings for its third quarter. 
• Comtech Telecom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) is projected to report quarterly loss at $0.25 per share on revenue of $129.53 million. 
• Aris Water Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARIS#NYSE">ARIS</a>) is estimated to report earnings for its fourth quarter. 
• Legacy Housing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LEGH#NASDAQ">LEGH</a>) is expected to report quarterly earnings at $0.52 per share on revenue of $44.59 million. 
• Nektar Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKTR#NASDAQ">NKTR</a>) is expected to report quarterly loss at $0.19 per share on revenue of $36.66 million. 
• Montauk Renewables (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNTK#NASDAQ">MNTK</a>) is expected to report quarterly earnings at $0.05 per share on revenue of $56.32 million. 
• Ellington Credit (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EARN#NYSE">EARN</a>) is expected to report quarterly earnings at $0.30 per share on revenue of $9.65 million. 
• FreightCar America (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAIL#NASDAQ">RAIL</a>) is expected to report quarterly earnings at $0.05 per share on revenue of $152.02 million. 
• PHX Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHX#NYSE">PHX</a>) is estimated to report quarterly earnings at $0.03 per share on revenue of $8.93 million. 
• Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) is expected to report quarterly earnings at $1.82 per share on revenue of $1.64 billion. 
• SentinelOne (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>) is estimated to report quarterly loss at $0.21 per share on revenue of $222.33 million. 
• ContextLogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOGC#NASDAQ">LOGC</a>) is likely to report earnings for its fourth quarter. 
• UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) is expected to report quarterly earnings at $0.19 per share on revenue of $425.34 million. 
• SenesTech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNES#NASDAQ">SNES</a>) is estimated to report quarterly loss at $1.50 per share on revenue of $710 thousand. 
• RCM Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCMT#NASDAQ">RCMT</a>) is expected to report quarterly earnings at $0.83 per share on revenue of $79.00 million. 
• Beauty Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKIN#NASDAQ">SKIN</a>) is projected to report quarterly loss at $0.09 per share on revenue of $77.45 million. 
• Fathom Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTHM#NASDAQ">FTHM</a>) is projected to report quarterly loss at $0.17 per share on revenue of $84.70 million. 
• Cardlytics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDLX#NASDAQ">CDLX</a>) is estimated to report quarterly loss at $0.20 per share on revenue of $63.63 million. 
• Biote (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTMD#NASDAQ">BTMD</a>) is likely to report quarterly earnings at $0.17 per share on revenue of $51.20 million. 
• Limoneira (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>) is projected to report quarterly loss at $0.17 per share on revenue of $40.70 million. 
• Calavo Growers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) is expected to report quarterly earnings at $0.29 per share on revenue of $161.55 million. 
• KORU Medical Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRMD#NASDAQ">KRMD</a>) is likely to report quarterly loss at $0.02 per share on revenue of $8.89 million. 
• American Eagle Outfitters (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEO#NYSE">AEO</a>) is likely to report quarterly earnings at $0.51 per share on revenue of $1.60 billion. 
• Berry Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRY#NASDAQ">BRY</a>) is expected to report quarterly earnings at $0.15 per share on revenue of $173.00 million. 
• Phreesia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHR#NYSE">PHR</a>) is projected to report quarterly loss at $0.19 per share on revenue of $108.91 million. 
• Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) is projected to report quarterly earnings at $4.97 per share on revenue of $5.66 billion. 
• electroCore (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ECOR#NASDAQ">ECOR</a>) is expected to report quarterly loss at $0.34 per share on revenue of $7.29 million. 
• AudioEye (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEYE#NASDAQ">AEYE</a>) is expected to report quarterly earnings at $0.18 per share on revenue of $9.73 million. 
• BGSF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BGSF#NYSE">BGSF</a>) is estimated to report quarterly loss at $0.08 per share on revenue of $67.65 million. 
• CI&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CINT#NYSE">CINT</a>) is projected to report earnings for its fourth quarter. 
• Companhia Siderurgica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SID#NYSE">SID</a>) is projected to report quarterly loss at $0.09 per share on revenue of $1.94 billion. 
• Performant Healthcare (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHLT#NASDAQ">PHLT</a>) is estimated to report quarterly earnings at $0.00 per share on revenue of $34.15 million. 
• Urgently (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULY#NASDAQ">ULY</a>) is expected to report earnings for its fourth quarter. 
• Assertio Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASRT#NASDAQ">ASRT</a>) is projected to report quarterly earnings at $0.01 per share on revenue of $28.67 million. 
• Quest Resource Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRHC#NASDAQ">QRHC</a>) is expected to report quarterly earnings at $0.03 per share on revenue of $73.63 million. 
• CPS Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPSH#NASDAQ">CPSH</a>) is estimated to report earnings for its fourth quarter. 
• Kewaunee Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KEQU#NASDAQ">KEQU</a>) is expected to report earnings for its third quarter. 
• Zedge (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/ZDGE#AMEX">ZDGE</a>) is likely to report quarterly earnings at $0.04 per share on revenue of $7.71 million. 
• NextNav (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NN#NASDAQ">NN</a>) is expected to report quarterly loss at $0.14 per share on revenue of $1.73 million. 
• Monogram Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGRM#NASDAQ">MGRM</a>) is estimated to report earnings for its fourth quarter. 
• Fossil Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOSL#NASDAQ">FOSL</a>) is likely to report earnings for its fourth quarter. 
• Anika Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANIK#NASDAQ">ANIK</a>) is expected to report quarterly earnings at $0.09 per share on revenue of $29.00 million. 
• Aris Mining (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/ARMN#AMEX">ARMN</a>) is likely to report earnings for its fourth quarter. 
• Brilliant Earth Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRLT#NASDAQ">BRLT</a>) is expected to report quarterly earnings at $0.00 per share on revenue of $116.82 million. 
• Tilly's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TLYS#NYSE">TLYS</a>) is expected to report quarterly loss at $0.29 per share on revenue of $159.90 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ADBE

AEYE

AMRN

ANIK

ARCO

ARIS

ARMN

ASRT

ASTL

BGSF

BRLT

BTMD

CDLX

CINT

CMTL

CPSH

CVGW

EARN

ECOR

FOSL

FTHM

HBIO

IRBT

KEQU

KLXE

KRMD

LEGH

LMNR

LOGC

MGRM

MNTK

MOMO

NESR

NKTR

NSPR

NVGS

ONDS

OPRX

PHLT

QRHC

RAIL

RCMT

REFI

SDHC

SEAT

SKIN

SNES

TLYS

UPLD

VSTA

ZDGE

Earnings Scheduled For March 12, 2025

As Wall Street grapples with volatility and recession fears, <a href="https://www.benzinga.com/topic/china">China's stock market</a> is on a tear. While the S&amp;P 500 index is down over 4.6% year-to-date, three China-based stocks have surged more than 50%, fueled by AI investments and shifting investor sentiment.
<h1 class="wp-block-heading">China's AI Boom Powers A Market Comeback</h1>
Citi recently revised its stance on U.S. stocks to Neutral from Overweight, citing economic slowdown concerns, <a href="https://www.businessworld.in/article/citi-downgrades-us-stocks-upgrades-china-550472">reported</a> Business World. Meanwhile, the firm upgraded China's rating to Overweight, adjusting its GDP growth forecast to 4.7% from 4.5%, thanks to heightened AI-driven investments.
Goldman Sachs echoed this sentiment, as <a href="https://markets.businessinsider.com/news/stocks/us-stock-market-volatility-china-rally-tariffs-deepseek-goldman-sachs-2025-3">reported</a> by Markets Insider, noting that China&#8217;s technology industry remains undervalued compared to global peers.
The MSCI China Index gained 20% YTD, its best start to a year ever. Analysts at Goldman Sachs highlighted that global mutual funds, which had largely stayed away from Chinese equities, are now reconsidering their stance. If institutional investors increase their allocation by just 1%, it could drive an estimated $8 billion in net buying.
Read Also: <a href="https://www.benzinga.com/news/global/25/03/44235317/trump-xi-discuss-potential-birthday-summit-amid-rising-trade-tensions-report">Trump, Xi Discuss Potential &#8216;Birthday Summit&#8217; Amid Rising Trade Tensions: Report</a>
<h1 class="wp-block-heading">These 3 Stocks Are Leading China's Market Rally</h1>
Interestingly, three of 10 stocks (of market cap $2 billion and above) that have delivered the highest returns YTD, are from China:
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>No.</td>
<td>Ticker</td>
<td>Company</td>
<td>Perf YTD (as of 2 p.m. ET, March 11)</td>
<td>Country</td>
</tr>
<tr>
<td>1</td>
<td>VNET</td>
<td>VNET Group Inc</td>
<td>132.41%</td>
<td>China</td>
</tr>
<tr>
<td>2</td>
<td>XPEV</td>
<td>Xpeng Inc</td>
<td>128.74%</td>
<td>China</td>
</tr>
<tr>
<td>3</td>
<td>TUYA</td>
<td>Tuya Inc</td>
<td>126.44%</td>
<td>China</td>
</tr>
<tr>
<td>4</td>
<td>HEES</td>
<td>H&amp;E Equipment Services, Inc.</td>
<td>94.17%</td>
<td>USA</td>
</tr>
<tr>
<td>5</td>
<td>ROOT</td>
<td>Root Inc</td>
<td>91.13%</td>
<td>USA</td>
</tr>
<tr>
<td>6</td>
<td>KC</td>
<td>Kingsoft Cloud Holdings Ltd</td>
<td>67.73%</td>
<td>China</td>
</tr>
<tr>
<td>7</td>
<td>HSAI</td>
<td>Hesai Group</td>
<td>44.73%</td>
<td>China</td>
</tr>
<tr>
<td>8</td>
<td>BABA</td>
<td>Alibaba Group Holding Ltd</td>
<td>62.70%</td>
<td>China</td>
</tr>
<tr>
<td>9</td>
<td>GDS</td>
<td>GDS Holdings Ltd</td>
<td>64.24%</td>
<td>China</td>
</tr>
<tr>
<td>10</td>
<td>ITCI</td>
<td>Intra-Cellular Therapies Inc</td>
<td>55.82%</td>
<td>USA</td>
</tr>
</tbody>
</table>
</figure>
Among the biggest winners in China's stock market rebound are:
<ol start="1">
<li>VNET Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNET#NASDAQ">VNET</a>): Up 132.41% YTD, this data center services provider has capitalized on China's growing cloud and AI infrastructure needs.</li>
<li>XPeng Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>): The EV maker soared 128.74% YTD, riding the wave of China&#8217;s push for AI-driven autonomous driving.</li>
<li>Tuya Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TUYA#NYSE">TUYA</a>) – A major player in AIoT (Artificial Intelligence of Things), Tuya has climbed 126.44% YTD, benefiting from AI-driven automation trends.</li>
</ol>
<h1 class="wp-block-heading">Wall Street's Volatility Shifts Attention Eastward</h1>
While US stocks struggle, Chinese equities are benefiting from a shift in sentiment. The S&amp;P 500 has fallen below its 200-day moving average, and its market leaders are lagging, raising concerns about near-term performance. 
Citi's macro strategist Dirk Willer noted that while U.S. stocks might regain momentum when the AI surge resumes, short-term growth prospects appear weaker relative to global markets.
The Hang Seng Tech Index has surged 32% YTD, with major players like Alibaba Group Holdings Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABAF#NYSE">BABAF</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), Tencent Holdings (OTCPK: TCEHY) and Baidu Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) all posting double-digit gains.
Analysts believe China&#8217;s latest AI-driven tech breakthroughs could have staying power, making it a compelling play amid U.S. market jitters.
With Citi and Goldman Sachs pointing to China&#8217;s AI-driven resurgence, investors are taking a fresh look at Chinese stocks. While Wall Street navigates uncertainty, China's top-performing equities are proving hard to ignore.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/03/44250497/this-mineral-mining-company-is-poised-to-benefit-from-china-tensions-says-bullish-analyst">This Mineral Mining Company Is Poised To Benefit From China Tensions: Analyst</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Asia

Long Ideas

Global

Tech

Trading Ideas

BABA

ALIBABA GROUP HOLDING LTD by Alibaba Group Holding Limited

BABAF

BIDU

TCEHY

TUYA

XPEV

3 China Stocks Soaring Over 50% YTD — While The S&P 500 Sinks

AAOI

AEIS

AIOT

ARBB

Shares of companies in the broader tech sector are trading lower amid overall market uncertainty after President Trump confirmed March 4 tariffs.

Comments

VNET Gr

ニュース

最新ニュース VNET Gr (NASDAQ:VNET) 株価情報

こんな人も見ています

ニュース

パートナーシップ

ベンジンガ・グローバル