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Tencent Holdings ADR (OP: TCEHY )

41.04 -0.58 (-1.39%)
Streaming Delayed Price Updated: 3:59 PM EST, Dec 1, 2023 Add to My Watchlist
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TikTok's Parent Company ByteDance To Fire Hundreds, Pulls The Plug From Gaming
This withdrawal represents ByteDance's most significant retreat from the booming gaming industry, a domain primarily controlled by Tencent and its smaller rival, NetEase Inc. 
Via Benzinga
Baidu's Results Proved Its Resilience Amid A Challenging Macroeconomic Backdrop
On Tuesday, Baidu Inc (NASDAQ: BIDU) shares rose 2% after as the Chinese tech giant reported solid third quarter results. 
Via Benzinga
Tencent's Business Is Thriving And It Has Taken Precautions Against The U.S. Chip Export Curbs
Tencent Holdings Limited (OTC: TCEHY) posted impressive third quarter results last week.  The world's largest video game company and operator of the WeChat messaging platform showed that the gaming... 
Via Benzinga
More Gains Coming! Why META Is a Must-Buy Stock in 2023 and Beyond.
META stock should continue to power its way higher as Meta Platforms forges partnerships with highly successful businesses. 
Via InvestorPlace
5 Investors Betting Big on NIO Stock
13F filers did not increase their aggregate ownership of Nio during the third quarter, despite the decline in NIO stock. 
Via InvestorPlace
Recap: Tencent Music Enter Gr Q3 Earnings
Via Benzinga
Alibaba Flagged That US Chip Curbs Clouded Its Cloud Computing Prospects
Alibaba Group Holding Limited (NYSE: BABA) shares tumbled almost 10% in Hong Kong today after its announcement that it will not proceed with the spinoff of its cloud group that competes with Amazon.com... 
Via Benzinga
Stock Market Rally Extends Gains On Slowing Inflation; Microsoft, Cisco, Walmart In Focus: Weekly Review
A Microsoft AI chip and Walmart guidance were in focus. 
Via Investor's Business Daily
Topics Artificial Intelligence
Exposures Artificial Intelligence
What's Going On With Alibaba Stock Friday?
Alibaba Group Holding Limited's (NYSE: BABA) market value has plunged to about half that of rival Tencent Holdings Ltd (OTC: TCEHY) as it battled the double whammy of sluggish demand and brewing... 
Via Benzinga
Tencent Stock Jumps As Earnings Top Estimates
Tencent early Wednesday reported third-quarter earnings that topped estimates, with sales also ahead of expectations. Tencent stock is up. 
Via Investor's Business Daily
Tencent Misses Revenue Forecasts In Q3, But Diversified Revenue Streams Lead to Higher Profits
Tencent Holding Ltd (OTC: TCEHY) reported a third-quarter revenue growth of 10% year-on-year to RMB154.6 billion ($21.5 billion), missing the consensus of $21.9 billion. 
Via Benzinga
9 In 10 Teens Own And Will Buy An iPhone Next, Even As Android Boss Hiroshi Lockheimer Laments Losing 10% Users To iPhone Every Year
iPhones are extremely popular amongst teens in the US. Nearly 9 in 10 teens say they either own or will buy an iPhone next. 
Via Benzinga
Spotify Rival Tencent Music Clocks Q3 Revenue Decline, But Online Music Paying Users Grow 21%
Tencent Music Entertainment Group (NYSE: TME) reported a third-quarter revenue decline of 10.8% year-over-year to $900 million, beating the  
Via Benzinga
3 Smart Stock Picks for the Approaching Bull Market
Join us for expert insights on three growth-hungry stocks positioned for long-term success in an evolving economic landscape. 
Via The Motley Fool
Mark Zuckerberg Seals Deal With Tencent As Meta Gears Up For Chinese Market Return After 14 Years With Affordable VR Headset: Report
Meta Platforms Inc. is reportedly collaborating with Tencent Holdings Ltd. to re-enter the Chinese market after 14 years by launching an affordable VR headset, aiming to tap into the growing virtual... 
Via Benzinga
Google's $147M Bid To Secure Fortnite's Debut On Play Store Uncovered In Antitrust Trial
Google offered Fortnite maker Epic Games a $147 million deal to launch the game on Play Store, to make sure games stayed on the Play Store. 
Via Benzinga
Alibaba Stock: Buy, Sell, or Hold?
The Chinese e-commerce and cloud leader is still a divisive investment. 
Via The Motley Fool
What's Going On With Alibaba Stock Monday?
Alibaba Group Holding Limited (NYSE: BABA) stock is trading higher on Monday despite  
Via Benzinga
Tencent Investors Cheer Hong Kong's Second-Largest IPO For 2023
Tencent Holdings Limited (OTC: TCEHY)-backed J&T Global Express breathed life back into Hong Kong’s flagging IPO market with an oversubscribed market debut Friday. 
Via Benzinga
Topics Initial Public Offering
Exposures Securities Market
Strong Consumer Turnout Drives Hong Kong Stocks Higher Friday As China's Former Premier Li Keqiang Dies At 68
Hong Kong stocks rallied Friday as the week closed out higher for consumer stocks and EV makers which investors hope will be the beneficiary of a forthcoming government stimulus.   The Hang Seng Index... 
Via Benzinga
Spotify's Unexpected Profit Confirms It Is Truly Becoming An All-Purpose Audio Platform
Known as the Netflix (NASDAQ: NFLX) of music, Spotify Technology S.A. (NYSE: SPOT) reported a surprise quarterly profit, its first in 18 months. 
Via Benzinga
Tech Giants on Sale: 3 Overlooked Stocks Poised for a Massive Rebound
Are you looking for some stocks that are on sale? Here are three overlooked tech stocks poised for a massive rebound. 
Via InvestorPlace
Why Are Chinese Stocks NIO, Tencent And Alibaba Rallying Today?
Chinese stocks — NIO Group, Li Auto, Tencent, Alibaba, PDD and Baidu — all posted daily gains ranging from 3% to 7% on Tuesday. 
Via Benzinga
India's MAJOR Gaming Growth!
--News Direct-- 
Via News Direct
Roblox China Unit Faces Layoffs as Operational Challenges Mount
Roblox Corp (NYSE: RBLX) China, also called LuoBu, prompted a round of layoffs in October.  The layoffs affected 15 roles, including a "small number" of Roblox China's teams in the U.S. and its... 
Via Benzinga
Topics Workforce
Exposures Layoff
Hong Kong Stocks End The Week In A Rout As China's Central Bank Pumps $100 Billion Into Banking System Ahead Of Long Weekend
Shares in Hong Kong ended the week lower after a rout of selling among tech names and as property continues to skewer markets. Investors also focused on bank earnings next week which they expect to be... 
Via Benzinga
Topics Economy
Exposures Interest Rates
Alibaba, Tencent And Ant Invest $342 Million in AI Startup Zhipu, Eyeing Rivalry with Microsoft's OpenAI
Alibaba Group Holding Ltd (NYSE: BABA) and Tencent Holdings Ltd (OTC: TCEHY) featured amongst majo 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
The Week's Top 5 China Tech Stories In Focus
Here are the story summaries of the Top 5 stories coming out of China’s fledgling tech sector this week: 
Via Benzinga
What's Going On With Alibaba Stock Friday?
Alibaba Group Holding Limited (NYSE: BABA) and its Chinese peers' artificial intelligence ambitions might face the brunt of the escalating U.S.-China geopolitical tensions manifesting as the West's... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Hong Kong Stocks Tumble Over Ugly Chinese Housing Data; EV Makers Plunge After Tesla's Earnings Disappointment
Shares in Hong Kong and China dropped Thursday on a slew of bad economic data from the housing and financial sector. The Hang Seng Index fell 2.5% to 17,295.89 points and China’s CSI 300 index ended... 
Via Benzinga
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