Diversified with Gaming, Music, E-Commerce, and Education: NetEase (NTES) Achieves a 35% Increase in Net Income and Breaks Out.

The stock of NetEase (NTES) was already poised for a breakout ahead of the quarterly earnings report. It is a leading Chinese internet and gaming company with a diversified business model based on several digital platforms. The company develops and operates online games, music streaming, e-commerce, educational services, and other internet-based services. The company reported its quarterly earnings on Thursday (May 15). Growth drivers in Q1 included successful new game releases such as "Marvel Rivals" (top seller on Steam), "Where Winds Meet"...