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Tencent Holdings ADR
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Alibaba's E-Commerce Platforms Now Accept WeChat Payments, Aiming for Market Expansion in China
September 05, 2024
Alibaba Group's e-commerce platforms now accept WeChat payment, aiming to boost China market share amid tough competition. BABA stock down 13% in 1 year.
Via
Benzinga
Nvidia Maintains AI Chip Dominance as Huawei Struggles to Compete: Report
September 03, 2024
Huawei struggles to compete with Nvidia's dominant position in AI chip market, despite efforts to develop alternative. Demand for AI chips grows.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Why Mega Investors Are Betting Big on Alibaba Stock's Comeback
September 03, 2024
Alibaba's new move into the Chinese stock market could open the floodgates for hundreds of new buyers to come in and send the stock to new highs.
Via
MarketBeat
Topics
Economy
Exposures
Economy
3 Stocks to Watch as the Dollar Declines to a 7-Month Low
August 29, 2024
As the dollar comes to a 7-month low, a certain group of stocks come to raise interest from institutional capital and Wall Street analyst ratings
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MarketBeat
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ETFs
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Baidu's Stock Is Down Nearly 30% in 2024. Is It a Value Play?
August 27, 2024
The Chinese tech giant still faces tough macro and competitive headwinds that will affect the investment thesis for the stock.
Via
The Motley Fool
Despite US Limits On China's Access To Nvidia Chips, Tech Titans Like Alibaba And Tencent Ramp Up AI Investments
August 26, 2024
The ramped-up investment in AI by Chinese tech giants is a response to Chinese President Xi Jinping's call for the country to boost its innovation capabilities amid the ongoing chip dispute with the...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Nvidia Tech Fuels Chinese AI Growth Overseas, Alibaba Ramps Up $7B Investment
August 26, 2024
Chinese AI devs bypass US sanctions by renting computing power abroad to access advanced Nvidia chips. China's tech capex still lags behind US.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Alibaba Opens Doors For Mainland Investments, Shifts Listing Status In Hong Kong — Fund Manager Says, It Will Bring A 'Tailwind' To Shares
August 22, 2024
Ahead of its anticipated inclusion in the Stock Connect program, Alibaba Group Holding Ltd. has made a strategic change to its listing status in Hong Kong.
Via
Benzinga
Chinese Tech Giants Alibaba And Tencent Ramp Up AI Investments, With Nearly A Third Of Deals Since 2023 Aimed At AI Startups
August 21, 2024
Chinese tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd are significantly increasing their investments in artificial intelligence startups, despite a general decrease in their overall...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Stock Market Rally Revs Higher On Bullish Economic Data; Walmart Jumps On Earnings: Weekly Review
August 16, 2024
The market is in a confirmed uptrend. Walmart, Monday.com, Sea were earnings winners.
Via
Investor's Business Daily
Why You Shouldn't Count Out Tencent Music Stock After Earnings
August 15, 2024
Tencent Music Entertainment Group disappointed in its latest earnings release, sending shares down. It should focus on growing average revenue per paying user.
Via
MarketBeat
Topics
ETFs
Apple, Tencent Discussing Potential Revenue-Sharing Deal For WeChat Mini-Games, Says Chinese Game Maker Exec
August 15, 2024
Introduced by Tencent six years ago, these games do not require users to download them from an app store
Via
Benzinga
Tencent's Earnings Show Signs of Comeback in China's Tech Market
August 15, 2024
In the past quarter, Tencent delivered massive financial growth for investors, and some on Wall Street have just now realized how much more upside there is.
Via
MarketBeat
Why Tencent Fell Over 5% Today
August 14, 2024
Tencent delivered solid earnings, but macroeconomic fears in China appeared to outweigh the good results.
Via
The Motley Fool
Tencent (TCEHY) Q2 2024 Earnings Call Transcript
August 14, 2024
TCEHY earnings call for the period ending June 30, 2024.
Via
The Motley Fool
Topics
Earnings
Exposures
Financial
Tencent Music's Average Revenue Per User Focus Signals Potential Profit Growth, Says Analyst
August 14, 2024
BofA Securities analyst reiterates Buy on Tencent Music with $15 PT (prev. $18). Tencent Music reports 2Q24 revenue miss, focuses on ARPU growth and Super VIP.
Via
Benzinga
3 China Stocks to Buy on the Dip August 2024
August 14, 2024
These stocks from China are trading at a low valuation providing an attractive entry point for long-term investors to buy on the dip.
Via
InvestorPlace
Tencent News: Why Is TME Stock Plunging 15% Today?
August 13, 2024
Tencent Music Entertainment stock is taking a beating on Tuesday as TME investors react to the company's mixed Q2 earnings report.
Via
InvestorPlace
TME Stock Earnings: Tencent Music Enter Gr Meets EPS, Misses Revenue for Q2 2024
August 13, 2024
TME stock results show that Tencent Music Enter Gr met analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.
Via
InvestorPlace
On Holding Reports Mixed Q2 Results, Joins Tencent Music Entertainment And Other Big Stocks Moving Lower In Tuesday Pre-Market Session
August 13, 2024
Via
Benzinga
Tencent Music Q2: Revenue Misses Estimates, Social Entertainment Takes a Hit, Adds 10M Subscribers in First Half
August 13, 2024
Tencent Music Entertainment Group reported Q2 revenue decline and in-line adjusted EPADS. Online music service revenues grew while social entertainment revenues decreased.
Via
Benzinga
China's Low Consumer Confidence Creates Panic Among Global Giants: 'We Don't Know How Long It Will Take...'
August 12, 2024
According to Fitch analysts, uncertainty surrounding disposable income prospects along with shrinking household wealth has led to Chinese consumers prioritizing "value-for-money" products over...
Via
Benzinga
Global Digital Technology Alliance Conference Held in Beijing
August 09, 2024
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Artificial Intelligence
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Alibaba Leads Chinese Tech Giants in Boosting Shareholder Returns, But Economic Challenges Loom: Report
August 09, 2024
Chinese tech giants Alibaba, Tencent, and JD.com set to report earnings amid challenging landscape, while also focused on enhancing shareholder returns.
Via
Benzinga
Forget Nvidia: Billionaires Are Scooping Up Bargains in This $6.5 Trillion Market
August 08, 2024
Two successful fund managers are ignoring Wall Street's obsession with artificial intelligence (AI) stocks, investing in these bargain opportunities instead.
Via
The Motley Fool
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
The 3 Best Esports Stocks to Buy in August 2024
August 07, 2024
People are cashing in on the esports phenomenon. Don't be left behind. Here are the best esports stocks to buy this August.
Via
InvestorPlace
Apple Cracks Down On Tencent And ByteDance Over 30% App Store Fees, Threatens To Reject Essential Updates Following Sales Decline In China: Report
August 02, 2024
The iPhone maker is pressuring the companies to close loopholes that allow in-app creators to bypass Apple's 30% commission.
Via
Benzinga
Nvidia Stock Alert: NVDA Is a Strong Buy Amid AI Surge and Strategic Expansions
July 30, 2024
Analysts' upgraded price targets and positive outlooks for Nvidia stock reflect strong fundamentals and growth potential driven by AI demand.
Via
InvestorPlace
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Is AI In Gaming Overhyped? Cloud Executive For Tech Giant Weighs In: 'Large-Scale Application Will Still Take Some Time'
July 30, 2024
Liang Chen, the general manager of Tencent Holdings Cloud's internet industry department, has expressed skepticism about the widespread use of artificial intelligence in the gaming industry.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Alibaba And Tencent Lap Up Meta's AI Large Language Model
July 26, 2024
Alibaba and Tencent quickly integrate Meta's Llama 3.1 AI model into their cloud services. Llama 3.1 offers an alternative to OpenAI's GPT-4 and helps China catch up in the AI race.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
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