More and more people buy stocks. How much do they really make?


A few days ago, Sohu issued its second quarter earnings report. Unfortunately, the stock price fell more than 20% and its market value was less than $400 million, a 16-year low since March 2003.


On the afternoon of August 6, Zhang Chaoyang predicted at the communication meeting that "the stock price will come back tonight". But it failed to close as Zhang Chaoyang said, Sohu still closed down, the latest market value of 345 million US dollars.


According to Sohu's second quarter of 2019 results, the second quarter revenue fell 2% to $474.8 million from a year earlier, up 10% from a year earlier, slightly below market expectations of $482 million, with a loss of $52.9 million and a loss of $48 million during the same period last year.




In response to this financial report, Zhang Chaoyang said that Sohu had a good quarter, with $475 million in revenue expected by the company in the last quarter. Advertising revenue will be slightly lower, mainly because Changyou's early acquisition of Jingmao liquidation, resulting in a loss of $17 million, resulting in a negative contribution of $11 million.


Asked when Fox could make a profit, Zhang Chaoyang also said, "At the current rate of loss reduction, the fourth quarter of the group is likely to achieve profits, the group's losses may be made up by the profits of Sogou and Changyou."

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