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Tencent Holdings ADR
(OP:
TCEHY
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60.77
+1.34 (+2.25%)
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Updated: 4:00 PM EDT, Oct 4, 2024
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Mobile Games Captured $90.4B, 49% Of Global Market In 2023
June 05, 2024
Mobile games accounted for 49% of the global games market revenue in 2023; consumer spending, however, is down.
Via
Benzinga
Alibaba, Tencent Price Cuts Put Chill On China Tech: Profit Squeeze, Trade Tensions Push Stocks Near Correction Zone
May 31, 2024
Chinese technology stocks are facing a significant downturn, nearing a technical correction due to profit-taking and geopolitical uncertainties.
Via
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Artificial Intelligence ETFs: Have They Beaten The Market In 2024?
May 29, 2024
AI ETFs like BOTZ, AIQ, and ROBO have performed well in 2024 but couldn't beat the S&P 500, driven by tech giants like NVIDIA and Microsoft.
Via
Benzinga
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Exposures
Artificial Intelligence
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Tencent's New Hit Game DnF Mobile Earns $140M In First Week
May 29, 2024
Tencent Holdings Ltd's (OTC ) Dungeon & Fighter Mobile has made a stunning debut in China, generating over $140 million in player spending during its first week. Released on May 21, the game topped...
Via
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Why Tencent Holdings Was Rallying Today
May 14, 2024
The Chinese tech giant beat analyst profit expectations as high-margin businesses surged.
Via
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May 29, 2024
The best investments are often found in overlooked stocks that the market has yet to catch up on. Here are three picks to get started with!
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What's New In Consumer Tech World Last Week? News That You Should Know (May 19-May 25)
May 26, 2024
EU gives final nod to AI Act, South Korea supports semiconductor industry, Taiwan confident in TSMC's protection, China's Tencent and iFlytek cut LLM prices, Microsoft teases "Call of Duty 6," Sony...
Via
Benzinga
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Exposures
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Joy of Life 2 Goes Global, Set to Spark Surge in Chinese Web Novel Reading
May 22, 2024
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5 Investors Betting Big on Nio (NIO) Stock in Q1
May 22, 2024
NIO stock is down big year-to-date, and the recent 13F filings from institutional investors backs the losses up.
Via
InvestorPlace
China Revvs Up LLM Game As Tencent, iFlytek Slash ChatGPT-Like AI Model Prices
May 22, 2024
Tencent and iFlytek launched ChatGPT-like products in September, aiming to dominate China's generative AI market.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Why Are Chinese Stocks Including Baidu, JD And Others Trading Lower Tuesday?
May 21, 2024
Bearish bets against BlackRock Inc's iShares China Large-Cap Exchange Traded Fund have reached their highest since October 2020.
Via
Benzinga
Topics
ETFs
Goldman Sachs Raises Forecast For Chinese Market: Stock Ideas To Bet On Recovery Momentum
May 21, 2024
Goldman Sachs sees potential for further rise in Chinese stocks due to improving macroeconomic performance and policy support, with a 60% probability of continuing gains and potential average returns...
Via
Benzinga
Alibaba Sparks AI Price War With Massive Discounts: Report
May 21, 2024
Alibaba Group (NYSE:BABA) has drastically cut prices on its AI services by up to 97%, sparking a fierce price war in China's burgeoning AI sector. Competitors Baidu (NASDAQ:BIDU) and ByteDance have...
Via
Benzinga
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Artificial Intelligence
Exposures
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7 Stocks to Buy Immediately Following Strong Earnings
May 21, 2024
These stocks to buy after earnings look good following especially strong earnings prints at each respective company in Q1.
Via
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TikTok Parent ByteDance Overtakes Baidu In AI Chatbot Race In China: Report
May 20, 2024
ByteDance's AI chatbot, Doubao, has overtaken Baidu's Ernie Bot in both downloads and active users on iOS in China since its August launch. Doubao achieved nearly 9 million downloads and over 4 million...
Via
Benzinga
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Artificial Intelligence
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The 7 Most Undervalued Stocks Under $20 to Buy in May 2024
May 17, 2024
Renewed optimism for lower interest rates has investors on the hunt for undervalued cheap stocks that offer potential for outsized gains.
Via
InvestorPlace
Stock Market Hits Highs On Cooling Inflation; Walmart Jumps On Earnings: Weekly Review
May 17, 2024
The major indexes set all-time highs while many leading stocks flashed buy signals. Walmart and Asian e-commerce giants rallied on earnings.
Via
Investor's Business Daily
Layoffs, Studio Closures Could Signal Bottom For Video Game Stocks
May 17, 2024
Recent layoffs and studio closures at the major video game publishers could mark a bottom for video game stocks like EA and Take-Two.
Via
Investor's Business Daily
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Workforce
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Stream Dream Team: 3 Media Stocks Conquering the Content Cosmos
May 16, 2024
Explore the potential of three media stocks to buy and learn why they are leading choices to capitalize on content and streaming growth.
Via
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Gamer’s Gold: 3 Stocks to Power Up Your Portfolio’s High Score
May 16, 2024
If you are looking for growth-oriented tech stocks, these gaming stocks to buy deserve your attention in May.
Via
InvestorPlace
Alibaba's Investment Challenges Vs. Tencent's Revenue Growth: Which Stock Has Higher Upside?
May 14, 2024
Alibaba (BABA) and Tencent (TCEHY) are Chinese tech giants with distinct business focuses and strategies.
Via
Benzinga
Tencent (TCEHY) Q1 2024 Earnings Call Transcript
May 14, 2024
TCEHY earnings call for the period ending March 31, 2024.
Via
The Motley Fool
Topics
Earnings
Exposures
Financial
Tencent Music Entertainment Q1 Subs Hit Record High, 2 Analysts Raise Forecasts
May 14, 2024
Tencent reported "strong" results, "with Core music revenue growth beating by 5 points on record-high subscriber net adds and advertising outperformance."
Via
Benzinga
China Urges Tech Giants To Shift Away From Nvidia And Other Foreign Chip Makers, Boost Domestic AI Chip Purchases: Report
May 14, 2024
China has reportedly instructed its tech giants to reduce their reliance on foreign-made chips, particularly those from Nvidia and increase their purchase of domestic AI chips.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
3 Asian Stocks Set to Ride the Region’s Boom to New Heights
May 13, 2024
Discover the top Asian stocks to buy on Wall Street and ride the region's growth boom to new heights in 2024.
Via
InvestorPlace
What To Expect From Alibaba's Earnings? Here's What Goldman Sachs Is Watching
May 13, 2024
With the China internet sector up 15% year-to-date (or KraneShares Trust KraneShares CSI China Internet ETF (NYSE: KWEB) +30% from late-January lows), Goldman Sachs analyst Ronald Keung highlighted the...
Via
Benzinga
Topics
ETFs
Tech Stocks Inch Higher Ahead Of Key Inflation Data, GameStop Skyrockets, Tencent Fuels China Rally: What's Driving Markets Monday?
May 13, 2024
Wall Street kicked off a data-heavy week on a mixed note as traders await key inflation updates and remarks from Fed Chair Jerome Powell in the coming days.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Nvidia in Spotlight as Chinese Tech Giants Push for Domestic AI Solutions
May 13, 2024
China urges domestic tech firms to invest in more domestically made AI chips, affecting companies like Nvidia and AMD. Stock down 0.50%.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
TME Stock Earnings: Tencent Music Enter Gr Beats EPS, Beats Revenue for Q1 2024
May 13, 2024
TME stock results show that Tencent Music Enter Gr beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.
Via
InvestorPlace
US Stocks Higher; Tencent Music Shares Fall After Q1 Results
May 13, 2024
Via
Benzinga
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