Why Bilibili Inc. (BILI) Surged On Thursday?

From Yahoo Finance: 2025-03-28 04:28:00

On Thursday, the stock market faced losses due to ongoing trade tensions, with major indices like Nasdaq, Dow Jones, and S&P 500 falling. Automaker shares were hit by Trump’s 25% tariff announcement. Despite this, 10 companies saw gains, including two gold miners, due to positive company developments.

Bilibili Inc. (BILI) saw a 3.70% increase in shares on Thursday, closing at $20.16 after Bank of America raised its long-term positions in the company to 6.78%. BILI reported a net income swing to RMB89.96 million and a revenue increase to RMB7.7 billion in the last quarter.

While BILI ranks 10th on the list of top performing stocks, there are AI stocks with potentially higher returns in a shorter time frame. BILI’s growth and Bank of America’s increased stake indicate investor confidence. For those looking for promising AI stocks, consider options trading at less than 5 times earnings.



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