Stocks were down sharply Monday on concern about an artificial intelligence stock bubble popping because of the emergence of ...
Shares of Tencent (OTC: TCEHY), the Chinese tech giant and owner of the WeChat superapp, were tumbling Monday after the U.S. Department of Defense listed the company as a Chinese military entity ...
The S&P 500 and Russell 2000 small-cap index added ... Crane CSI China Internet ETF, which counts Tencent and Alibaba as top holdings, slumped 5%. Tencent and Alibaba report earnings next week.
Following my March 2024 call to buy Tencent, where shares returned about 32% compared to a 13% gain for the S&P 500, I believe the recent U.S. blacklisting presents another attractive entry point.
projections suggest Tencent could come out ahead of peers like Alibaba Group (NYSE: BABA). After hitting a five-year low, the CSI 300 index (China's S&P 500) attracted some U.S. investors to look ...
STORY: The US Department of Defense has added gaming giant Tencent to a list of firms allegedly aiding China’s military. Also added are firms including battery maker CATL… And China’s ...
Geopolitical risks are already playing out On Monday, the Pentagon designated two high-profile tech companies — Tencent and CATL — as Chinese military companies operating in the US.
PUBG Developer Krafton Invests $136 Million in Game Studios, Expands AI Team for Future Gaming Innovations Tencent's partner Krafton invests over $136M in 12 game studios, focusing on AI development.
The US Department of Defense has added Chinese tech companies Tencent, a social media and gaming giant, and CATL, the world’s largest battery maker, to a list of firms that it alleges work with ...
Explore how UMG, Sony, and Spotify shape the thriving industry. Tencent Music shares fell 8.4% Tuesday afternoon. Concerns over intensifying U.S.-China relations sparked a broader selloff in ...
Tencent’s inclusion of the company in the list of Chinese military companies, or CMC, by the US Department of Defense is a negative surprise, leading to falls in its ADRs and Hong Kong shares.
Chinese conglomerate Tencent (OTCPK:TCEHY) and France's Guillemot family are looking to create a new venture that would include certain assets of Ubisoft (OTCPK:UBSFY) in a bid to boost the video game ...