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China's Tencent Holdings posted much weaker-than-expected second quarter earnings Wednesday as Asia's second-largest tech company continues to suffer from concerns over its ability to moentize popular video games.
Global stocks traded lower Wednesday, while the dollar surged to a fresh 13-month high against its peers, as investors worried that Turkey's diplomatic spat with the United States could worsen a currency crisis.
We are in one of the slowest times of the year and there just isn't much of an appetite for aggressively buying weakness.
HONG KONG, Aug. 15, 2018 /PRNewswire/ -- Tencent Holdings Limited (" Tencent" or the "Company", 00700.
Tencent investors are being taking for quite the ride amid a crackdown on game approvals in China.
Since hitting its January high, Tencent loses $150 billion.
The trendy Chinese name is down some 13% on good earnings that apparently weren't good enough.
Global fund managers have pegged the U.S. as the world's top equity market region for the first time in five years, according to Bank of America Merrill Lynch's benchmark monthly survey, with allocations rising to the highest levels since January 2015.
Billions of users, and little revenue in sight: When it comes to making money off of Messenger and WhatsApp, what's Facebook to do?
Tesla shares rebounded Friday amid reports the company's board is ready to talk to financial advisers about taking the carmaker private, even as they ask founder and CEO Elon Musk to rescuse himself from the process.
Tesla extended declines Thursday as investors questioned the ability of Elon Musk to take the company private and reacted to reports of a potential probe into Tweets by the founder and CEO that claimed he had "funding secured" for the $72 billion purchase.
Trying to pull off what would be the largest corporate buyout in history won't be easy, given Tesla's shaky financial outlook.
Among other things, we still don't know who is providing financing for Musk's proposed take-private deal, or what their terms look like.
Tesla edged lower in pre-market trading Wednesday as investors appeared to question founder and CEO Elon Musk's $72 billion vow to take his iconic clean-energy car company private.
The battle between Baidu and Google will be one to watch.
While Instagram and to some degree WhatsApp have seen very good product execution, Facebook proper's has been hit-and-miss.
These funds from the Shark Tank star's O'Shares series focus on small-cap dividend names, internet giants and large-cap dividend U.S. dividend stocks.
Tech stocks have dominated the U.S. market this year, with the top five S&P 500 companies equal in value to the bottom 282 stocks in the benchmark index, and President Trump's comments on Fed rate hikes could add even more to their 4 trillion-plus in value.
European Tech stocks were leading broader markets gains Wednesday as a series of solid second quarter earnings, and bullish forecasts, steadied some investor concern over the pace of growth the sector may experience in the second half of the year.
Global fund managers are as gloomy on growth prospects, owing to the escalating trade war, as they have been since the peak of the European debt crisis in 2012, according to Bank of America Merrill Lynch's benchmark monthly survey, but still favor tech stocks and broader U.S. equities.
Xiaomi execs must continue to sell the story that the company is more than just a smartphone player.
Everywhere you go in Thailand you see people using the messaging app, along with ride-hailing app Grab.
All the perceived bogeymen on equities have been just as misleading as Fred Sanford clutching his chest.
It's hard to predict movements in stocks in China, a job made even harder amid saber-rattling over tariffs and trade.
These three funds seem well-positioned to take advantage of a growing overseas middle class.
Real Money contributor Jim Collins hits the road in search of the best investment opportunities.
China has a rap as the world's biggest copycat, but U.S. companies are now borrowing more tech ideas from China.
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