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Tencent Holdings ADR
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EA To Lay Off 5% Employees, Shifts Focus on Core Gaming Franchises and Online Communities
February 29, 2024
Electronic Arts Inc plans to lay off 5% of its workforce, or about 670 jobs, as it aims to streamline operations and cease development on certain games. This move is part of EA's broader strategy to...
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Benzinga
What's Going On With Alibaba Stock Thursday?
February 29, 2024
Alibaba slashes cloud prices up to 55% to regain market share and democratize AI. Experts skeptical of impact, but investment in AI startup shows commitment.
Via
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Why Baidu, Alibaba, and Other Chinese Stocks Sank on Wednesday
February 28, 2024
An earnings report, economic challenges, and moves by Chinese regulators were weighing on these stocks.
Via
The Motley Fool
OpenAI CEO Sam Altman Has a Major Stake in This Hot IPO Stock. Should You Follow His Lead?
February 27, 2024
Reddit has finally filed to go public, and one of its largest investors is the CEO of ChatGPT developer OpenAI.
Via
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Alibaba's $1B Bet on AI Start-Up Moonshot Marks Major Push into Generative Tech
February 27, 2024
Alibaba leads $1B investment in Chinese AI startup Moonshot AI, signaling its renewed focus on growth through strategic investments.
Via
Benzinga
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What's Going On With Alibaba Stock Monday?
February 26, 2024
Alibaba Group reveals deeper Chinese government stakes in its entities after SEC inquiry, highlighting ownership by state-owned enterprises and foreign sovereign wealth funds. This comes as China aims...
Via
Benzinga
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Regulatory
EXCLUSIVE: SoundHound's AI Voice Technology Revolutionizes Restaurant, Automotive Industries
February 21, 2024
SoundHound AI's stake in SoundHound has increased by over 60% in partnership with Nvidia and SoftBank, with interest from other notable investors like Samsung and Tencent.
Via
Benzinga
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Emerging Markets Guru Says 'Time To Go Shopping For Hidden Gems At A Steal' As He Sees Opportunities In Bruised Chinese, Hong Kong Stocks
February 14, 2024
The travails of the Chinese and Hong Kong markets could end once domestic property markets resurges, says Mark Mobius.
Via
Benzinga
3 Blue-Chip Stocks to Buy for the Upcoming AI Wars
February 12, 2024
As the AI race continues to heat up, investors can turn to these three reliable blue-chip stocks to benefit.
Via
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Arm CEO Rene Haas Calls AI the "Most Profound Opportunity in Our Lifetimes." 1 Stock I'll Be Buying Hand Over Fist if He's Right.
February 10, 2024
The chief executive has joined the growing chorus of tech enthusiasts who believe AI will be a game changer -- and one stock is the clear winner in the space so far.
Via
The Motley Fool
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Baidu Partners with Lenovo, Brings Advanced AI to Smartphone
February 09, 2024
Baidu partners with Lenovo to integrate its generative AI technology into smartphones, reflecting the growing trend of AI features in phones. Local companies in China, like Baidu, Alibaba, and Tencent,...
Via
Benzinga
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Exposures
Artificial Intelligence
Tencent Develops Elden Ring Mobile To Revitalize Gaming Portfolio: Report
February 07, 2024
China's Tencent Holdings ADR (OTC: TCEHY) is reportedly developing a mobile version of the popular action role-playing game Elden Ring by FromSoftware, in a bid to
Via
Benzinga
Is It Time to Buy the Nasdaq's 5 Worst-Performing Stocks in February 2024?
February 07, 2024
Some Nasdaq stocks are soaring in 2024, but these five charts are down by 40% or more. Are any of these struggling stocks actually good buys at a low price?
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Three Stocks Poised To Soar If China Turns Its Economy Around
February 06, 2024
After a 3-year slump, the first signs of a rally appear for China's stocks but which ones stand to gain the most from a revival?
Via
Talk Markets
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High-Risk, High-Reward: 7 OTC Stocks That Could Make You Rich This Year
February 05, 2024
Although OTC stocks can be wildly risky, these ideas could offer speculators opportunities that the rest of the market doesn’t see.
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Next-Level Gaming: 3 Stocks to Buy for the Booming eSports Trend
February 04, 2024
Embark on a thrilling journey into esports gaming stocks, wagering on the an industry fueled by soaring popularity.
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Tencent's DnF Mobile Leads Market Revival with 2.9% Stock Surge After China's Gaming Regulation Reversal
February 02, 2024
China's gaming regulator, the National Press and Publication Administration (NPPA), unexpectedly approved a new batch of 32 foreign video games, easing concerns in the market after the recent scrapping...
Via
Benzinga
Alibaba, Tencent Spark Cloud Computing Showdown With Server Offers for 'Palworld,' a Hit Game Compared to 'Pokémon With Guns
February 02, 2024
Alibaba and Tencent compete in cloud-computing race sparked by success of video game Palworld. Alibaba offers server plans for Chinese players, highlighting competition in China's cloud market.
Via
Benzinga
New Stock Warning: 3 Reasons NOT to Buy the Amer Sports IPO
February 01, 2024
The Amer Sports IPO pricing is not good news for the company or the IPO markets. Buying its shares might not be the best bet.
Via
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Initial Public Offering
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What's Going On With Alibaba Stock Thursday?
February 01, 2024
Alibaba Group led a rebound in Hong Kong stocks amid Fed's policy easing and positive sentiment shift in China. Co-founders now largest shareholders.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Tencent CEO Pony Ma Shifts Focus to AI as Gaming Faces Tough Competition, Reveals New Plans
January 30, 2024
Tencent CEO admits gaming challenges, highlights progress in AI. Company faces competition, regulatory hurdles, and economic slowdown in China.
Via
Benzinga
Topics
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Exposures
Artificial Intelligence
Alibaba and Tencent Expand in China with Strategic Land Purchases, Bet on Tech Sector's Recovery
January 29, 2024
Chinese Big Tech firms like Alibaba and Tencent are purchasing land in Mainland China despite challenges in tech and real estate sectors.
Via
Benzinga
Cybersecurity Nightmare: Billions of Records from Major Platforms Leaked in Largest Data Leak
January 24, 2024
Massive data breach known as MOAB contains billions of records from previous leaks, new information, and records from high-profile companies and government organizations worldwide. Impact on consumers...
Via
Benzinga
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Beijing Will Cut Reserve Ratio In Latest Bid To Boost Chinese Stocks. It's Working For Now.
January 24, 2024
China will cut bank reserve requirements to boost the economy and markets.
Via
Investor's Business Daily
Topics
Economy
Exposures
Economy
Why Are Tencent And NetEase Shares Up Today? Hint: It Has To Do With Chinese Goverment Gaming Regulations
January 23, 2024
China's gaming regulator has removed proposed rules from its website that aimed at curbing spending and rewards in video games.
Via
Benzinga
Will China Be Dumping US Treasury To Support Its Stock Market
January 23, 2024
China may launch a stabilization fund to prop up its falling equity market with offshore funds.
Via
Talk Markets
TikTok Layoffs 2024: What to Know About the Latest TikTok Job Cuts
January 23, 2024
TikTok layoffs are in the news Tuesday as the video-sharing platform cuts 60 jobs in its advertising division to realign its headcount.
Via
InvestorPlace
Topics
Workforce
Exposures
Layoff
Tencent Layoffs 2024: What to Know About the Latest Riot Games Job Cuts
January 23, 2024
Tencent layoffs are coming for 530 members of subsidiary Riot Games as some of its product launches haven't panned out for the developer.
Via
InvestorPlace
Topics
Workforce
Exposures
Layoff
China's Growth Stumbles But It Still Offers 'Enormous Advantages' For Investors, Says Expert
January 23, 2024
Richard Fontaine, in an op-ed, stressed that the U.S. must focus on strengthening its position to effectively counter China's rise.
Via
Benzinga
Tencent's Riot Games To Cut 11% Of Global Workforce, Citing Unsustainable Costs
January 23, 2024
Riot Games, the developer of popular titles like "League of Legends," will be reducing its staff by 530 employees.
Via
Benzinga
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