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Cheetah Mobile Inc - CMCM STOCK NEWS

Welcome to our dedicated news page for Cheetah Mobile (Ticker: CMCM), a resource for investors and traders seeking the latest updates and insights on Cheetah Mobile.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cheetah Mobile's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cheetah Mobile's position in the market.

News
Cheetah Mobile Inc. Files Its Annual Report on Form 20-F
Rhea-AI Summary
Cheetah Mobile Inc. has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023. The report is now available on the Company's investor relations website and the SEC's website.
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Cheetah Mobile Announces Second Half and Full Year 2023 Unaudited Consolidated Financial Results
Rhea-AI Summary
Cheetah Mobile Inc. announces unaudited financial results for the second half and full year 2023, with total revenue of RMB669.5 million (USD94.3 million). The company completed the acquisition of a controlling stake in Beijing OrionStar, enhancing its AI technology capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.53%
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Cheetah Mobile Further Invests in Beijing OrionStar
Rhea-AI Summary
Cheetah Mobile Inc. (NYSE: CMCM) has announced an additional investment in Beijing OrionStar Technology Co., Ltd. The company, through its subsidiaries, invested US$16.7 million in Beijing OrionStar and exercised its right to convert all of the principal and accrued interest of a convertible loan into equity interest. The investment, expected to close in February 2024, will result in the company holding approximately 73.95% equity interest in Beijing OrionStar.
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-2.73%
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Cheetah Mobile Announces Acquisition of Controlling Stake in Beijing OrionStar
Rhea-AI Summary
Cheetah Mobile Inc. (NYSE: CMCM) has acquired 35.17% equity interest in Beijing OrionStar Technology Co., Ltd. for approximately US$37.6 million, increasing its equity interest to 72.91%. Beijing OrionStar is a leading service robot provider with a strong focus on AI technology. The company has established a robust sales network in China and has made successful international expansions. Additionally, Beijing OrionStar has launched a large language model technology application and is in the process of independently researching and developing LLM technologies.
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End-of-Day
6.88%
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acquisition
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Cheetah Mobile Announces First Half 2023 Unaudited Consolidated Financial Results
Rhea-AI Summary
Cheetah Mobile Inc. announces unaudited consolidated financial results for H1 2023. Total revenue was RMB337.4 million ($46.5 million), a decrease of 5.5% YoY. Revenues from internet business decreased by 14.5% YoY to RMB235.6 million ($32.5 million), while revenues from AI and others increased by 24.8% YoY to RMB101.7 million ($14.0 million). Gross profit decreased by 4.2% YoY to RMB224.0 million ($30.9 million). Operating loss was RMB107.9 million ($14.9 million), compared to RMB126.1 million in the same period last year. Net loss attributable to Cheetah Mobile shareholders was RMB277.4 million ($38.3 million), compared to RMB72.6 million in the same period last year.
Rhea-AI Impact
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End-of-Day
0.47%
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earnings
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Cheetah Mobile Inc. Files Its Annual Report on Form 20-F
Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
-4.72%
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Cheetah Mobile Announces Second Half and Full Year 2022 Unaudited Consolidated Financial Results
Rhea-AI Summary
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End-of-Day
2.42%
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earnings
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Cheetah Mobile Announces First Half 2022 Unaudited Consolidated Financial Results
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End-of-Day
2.09%
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earnings
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Cheetah Mobile Announces Appointment of New Auditor
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-2.45%
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management
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Cheetah Mobile Announces ADS Ratio Change
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End-of-Day
0.83%
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Stock CMCM logo
Cheetah Mobile Inc

NYSE:CMCM

CMCM Rankings

#4170 Ranked by Market Cap
#2562 Ranked by Stock Gains
N/A Ranked by Dividends

CMCM Stock Data

137.76M
413.85M
9.74%
0.94%
0.09%
Data Processing, Hosting, and Related Services
Information
Link
China (Mainland)
Beijing

About CMCM

cheetah mobile is a leading internet company dedicated to a speedier, simpler, and safer mobile experience. our mission critical products clean master, cm security, cm browser, and battery doctor are trusted by more than 395 million monthly active users. we develop and improve our product suite based on user feedback. additionally, we encourage our employees to embrace their creativity and speak their minds. in this way, we can stay fresh and relevant in today's global mobile market. if you're looking for a stage that connects you with the world, where your voice matters, cheetah mobile is where you belong.