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Tencent Holdings ADR (OP: TCEHY )

51.20 -1.00 (-1.92%)
Streaming Delayed Price Updated: 3:59 PM EST, Nov 22, 2024 Add to My Watchlist
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Nvidia's AI Chip Has A Tough Competitor From China - Huawei's Latest Ascend 910B
Huawei's Ascend 910B AI chip, matching or surpassing Nvidia's A100 in some tests, poses competition amid US export restrictions. China's self-sufficiency drive boosts Huawei's domestic market... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Amazon Strengthens India Presence With MX Player Asset Acquisition: Report
Amazon.com is set to acquire assets from India's MX Player to strengthen its foothold in smaller cities. Valued under $100 million, this deal follows two years of negotiations with Times Internet. 
Via Benzinga
Mobile Games Captured $90.4B, 49% Of Global Market In 2023
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
Chinese technology stocks are facing a significant downturn, nearing a technical correction due to profit-taking and geopolitical uncertainties. 
Via Benzinga
Topics World Trade
Exposures Tariff
Why Tencent Holdings Was Rallying Today
The Chinese tech giant beat analyst profit expectations as high-margin businesses surged. 
Via The Motley Fool
Artificial Intelligence ETFs: Have They Beaten The Market In 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
Topics Artificial Intelligence ETFs Stocks
Exposures Artificial Intelligence US Equities
Tencent's New Hit Game DnF Mobile Earns $140M In First Week
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 Benzinga
Overlooked Stocks Ready for the Limelight: 3 Names Poised to Steal the Show
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! 
Via InvestorPlace
What's New In Consumer Tech World Last Week? News That You Should Know (May 19-May 25)
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
Topics Artificial Intelligence
Exposures Artificial Intelligence
Joy of Life 2 Goes Global, Set to Spark Surge in Chinese Web Novel Reading
Via Get News
5 Investors Betting Big on Nio (NIO) Stock in Q1
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
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?
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
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
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
Topics Artificial Intelligence
Exposures Artificial Intelligence
7 Stocks to Buy Immediately Following Strong Earnings
These stocks to buy after earnings look good following especially strong earnings prints at each respective company in Q1. 
Via InvestorPlace
TikTok Parent ByteDance Overtakes Baidu In AI Chatbot Race In China: Report
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
Topics Artificial Intelligence
Exposures Artificial Intelligence
The 7 Most Undervalued Stocks Under $20 to Buy in May 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
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
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
Topics Workforce
Exposures Layoff
Stream Dream Team: 3 Media Stocks Conquering the Content Cosmos
Explore the potential of three media stocks to buy and learn why they are leading choices to capitalize on content and streaming growth. 
Via InvestorPlace
Gamer’s Gold: 3 Stocks to Power Up Your Portfolio’s High Score
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?
Alibaba (BABA) and Tencent (TCEHY) are Chinese tech giants with distinct business focuses and strategies. 
Via Benzinga
Tencent (TCEHY) Q1 2024 Earnings Call Transcript
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
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
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
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
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?
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
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
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