|Day Low/High||38.26 / 39.28|
|52 Wk Low/High||31.54 / 61.00|
Unless we get some good buying interest, this is just an oversold rally.
This is one of the few technology stocks breaking out higher in a tough market.
Though a regulatory crackdown continues to weigh on Tencent's gaming revenue, its advertising, payments and cloud businesses are still doing quite well.
HONG KONG, Nov. 14, 2018 /PRNewswire/ -- Tencent Holdings Limited (" Tencent" or the "Company", 00700.
Tencent Holdings posted stronger-than-expected third quarter earnings Wednesday but a crackdown by authorities in China on the amount of time children can play video games in the world's biggest market has hit revenues in one of the group's key sectors.
Alibaba reported its biggest Singles Day yet at more than $30 billion in sales, but its growth rate was lower than in past years. Meanwhile, Alibaba executives are railing against the trade conflict.
China's Singles Day is off to a tsunami of sales, recording billions of dollars in business just after the event kicked off this weekend.
Among other things, the chipmaker's CEO shared details about AMD's efforts to cater to cloud giants, and was optimistic about the long-term growth outlook for its console processor business.
In addition to showing off some new cutting-edge GPUs, the resurgent chipmaker announced that Amazon would be using its Epyc server chips in its cloud computing data centers.
Starbucks' steady growth in China could slip again.
NEW YORK, Oct. 25, 2018 /PRNewswire/ -- OTC Markets Group Inc.
Billions of users, and little revenue in sight: When it comes to making money off of Messenger and WhatsApp, what's Facebook to do?
China's stock market had its best day in more than 30 months on Monday.
Global fund managers are the most pessimistic on world economic growth since the financial crisis, according to Bank of America Merrill Lynch's benchmark monthly survey, although most are holding equity positions even amid concerns that corporate profits will slow and activity will ease amid the ongoing U.S.-China trade war.
The new Call of Duty is out, but Activision isn't trading well, despite the news.
Even after accounting for the estimate cuts seen by some names, many high-profile tech stocks carry much lower valuations than they did not too long ago.
Nio shares are up almost $2 apiece this week, giving it gains of nearly 30%. Is this just the start for its big-time investor?
Unlike Spotify, Tencent Music is highly profitable and has exclusive licensing deals with top music labels. It also has some other big advantages.
Tencent Music is a subsidiary of Chinese e-commerce giant Tencent that is being spun off.
U.S. stock futures turn lower on Wednesday, while global stocks are mostly higher amid signals the U.S. and China could be prepared to broker an agreement in their ongoing trade war; Tesla tumbles as Feds open a probe into Elon Musk's 'going-private' tweet; Disney has plans for Marvel shows on its streaming service, a report says.
Here's what you need to know now for Tuesday, Sept. 18.
The Chinese e-commerce giant had much to share about its core marketplaces, bricks-and-mortar efforts and future investments.
Global fund managers continue to favor U.S. stocks over equity markets around the world, according to Bank of America Merrill Lynch's benchmark monthly survey, even as developments in Washington's trade war with Beijing create the most bearish outlook for the global economy in nearly seven years.
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