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Tencent Holdings ADR (OP: TCEHY )

48.51 +0.26 (+0.54%)
Streaming Delayed Price Updated: 3:59 PM EDT, Sep 17, 2024 Add to My Watchlist
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Headline News about Tencent Holdings ADR

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EXCLUSIVE: Tencent Leverages AI To 'Enhance Ad Targeting Precision,' Says Expert
Tencent is using AI to boost ad targeting and create dynamic ad visuals, positioning itself for sustained growth in the digital ad space. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Consumer Tech News (Sep 8-Sep 14): Gaming Industry Biggies Facing Accusations For Decieving Players, Apple Launches iPhone 16 & More
The tech sector is facing weakness despite AI hype. Gaming companies face accusations of overspending, while Netflix's mobile gaming catalog hits 210M downloads. Microsoft's Xbox Game Pass overhaul... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Activision Blizzard Mobile Games Face Cuts After Microsoft's Latest Round Of Layoffs: What Went Wrong With Warzone Mobile?
Microsoft's surprise layoffs target Activision Blizzard's mobile games, including Warzone Mobile, raising questions about Xbox's $69B acquisition. 
Via Benzinga
Topics Workforce
Exposures Layoff
Epic, EA, Ubisoft Face Accusations Of Deceit Over In-Game Purchases – EU Complaint Filed
Epic, EA, and Ubisoft face EU complaints for misleading players with in-game purchases, sparking concerns over deceptive tactics. 
Via Benzinga
Alibaba Launches Cainiao Next-Day Delivery In Europe, Plans Global E-Commerce Hubs
Cainiao Smart Logistics Network, a unit of Alibaba Group, has launched next-day delivery services in Europe for €2 and plans to develop global e-commerce hubs. 
Via Benzinga
EXCLUSIVE: AI In China — The Sleeping Giant Awakens? KraneShares Strategist Says We Should Be Paying Attention
China's internet giants are taking the lead in AI with access to vast data and quick adoption. ETFs like KTEC offer U.S. investors exposure to this growth potential. 
Via Benzinga
Topics Artificial Intelligence ETFs
Exposures Artificial Intelligence
Ubisoft Is 'Mismanaged, Shareholders Are Hostages': Investor Demands Video Game Company Go Private After Stock Drop
Minority investor AJ Investments demands Ubisoft go private, calling the company "mismanaged" after Star Wars Outlaws led to a stock drop. 
Via Benzinga
Alibaba Joins China's Stock Connect, Eyes Billions In Investment Boost
Alibaba (BABA) to join China's Stock Connect program, allowing mainland investors to access shares. Expected to attract $12B in funds within 6 months. 
Via Benzinga
Roblox Targets 1B Users, Boosting Growth Through Apple, Alphabet, and Shopify Collaborations
Roblox Corp (NYSE: RBLX) is making changes to support traditional game developers, including a generative AI project and revenue increases for creators 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Intel, Moderna And Dollar General Were Among Top 10 Large Cap Losers In August: Are The Others In Your Portfolio?
10 worst performing large-cap stocks in August: Super Micro, Dollar General, Snap, PDD Holdings, Intel, Tencent Music, Gold Fields, Charles River, Moderna, Neurocrine Biosciences. 
Via Benzinga
China's Markets Still Manage To Get Nvidia AI Chips Via Smuggling: Report
Nvidia AI chips sold in China at 60% discount due to smuggling and cheaper labor. Chinese tech firms remain invested in AI despite US sanctions. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Alibaba's E-Commerce Platforms Now Accept WeChat Payments, Aiming for Market Expansion in China
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
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
Baidu's Stock Is Down Nearly 30% in 2024. Is It a Value Play?
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
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
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
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
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
The market is in a confirmed uptrend. Walmart, Monday.com, Sea were earnings winners. 
Via Investor's Business Daily
Apple, Tencent Discussing Potential Revenue-Sharing Deal For WeChat Mini-Games, Says Chinese Game Maker Exec
Introduced by Tencent six years ago, these games do not require users to download them from an app store 
Via Benzinga
Why Tencent Fell Over 5% Today
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
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
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
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?
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
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
Via Benzinga
Tencent Music Q2: Revenue Misses Estimates, Social Entertainment Takes a Hit, Adds 10M Subscribers in First Half
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...'
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
Alibaba Leads Chinese Tech Giants in Boosting Shareholder Returns, But Economic Challenges Loom: Report
Chinese tech giants Alibaba, Tencent, and JD.com set to report earnings amid challenging landscape, while also focused on enhancing shareholder returns. 
Via Benzinga
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