Sharemaestro Newsreel

Tencent Shares Fall as AI Spending Squeezes Profit

SpaceX Passes First Lockup Expiry Test With $500 Billion Rally

(Bloomberg) -- Since SpaceX went public in June, Wall Street had been dreading Aug. 6, when the first lockup preventing early investors from selling the stock expired and millions of shares were set to flood the market. Most Read from Bloomberg Walter Sells Lakers, …

From Chinese AI to Global ETFs: STARTRADER Launches 45 New 24/7 Stock and ETF CFDs

STARTRADERSTARTRADER DUBAI, United Arab Emirates, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Available from August 13, 2026, the launch covers seven distinct market themes with no trading-hour restrictions. STARTRADER today announced the launch of 45 new 24/7 Stock and ETF CFDs, available from Monday through …

Baidu (BIDU) Stock Looks Cheap At First Glance After 30% Drop

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Baidu's share price has dropped sharply year to date, yet the stock still screens as undervalued on market multiples while scoring poorly on broader valuation …

Tencent Holdings Ltd (TCEHY) (Q2 2026) Earnings Call Highlights: AI Investments Drive Revenue ...

This article first appeared on GuruFocus. Total Revenue: RMB204.8 billion, up 11% year-on-year. Gross Profit: RMB118.4 billion, up 13% year-on-year, with overall gross margin at 58%. Non-IFRS Operating Profit: RMB75.6 billion, up 9% year-on-year; excluding new AI products, RMB86.1 billion, up 19% year-on-year. Non-IFRS …

Tencent Music (TME) Stock Looks Undervalued On Cash Flow And Earnings

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Tencent Music Entertainment Group stock has fallen 64.8% over the past year, and current checks suggest the valuation may now lean too low rather than …

Tencent Stock Drops 4.3% as AI Capex Jumps 66%

This article first appeared on GuruFocus. Tencent Holdings (TCEHY), the Chinese internet powerhouse behind Weixin, gaming, advertising and cloud services, reported a quarter that showed exactly why investors are both excited and nervous about its AI push. Second-quarter revenue jumped 11% to 204.8 billion …

Tencent's AI Ads Are Starting to Pay Off

This article first appeared on GuruFocus. Chinese internet and gaming giant Tencent Holdings Ltd. (TCEHY, Financials) said quarterly revenue rose 11% on a boost from artificial intelligence to advertising and cloud demand.Revenue stood at 204.8 billion yuan. Advertising sales rose 22% to 43.6 billion …

DeepSeek Publicizes Efforts to Challenge Anthropic’s Claude Code

(Bloomberg) -- DeepSeek has set up an official social media account and posted job listings for a new team focused on helping develop artificial intelligence agents that can take on services like Anthropic PBC's popular Claude Code. Most Read from Bloomberg Phoebe Gates Knew …

Great News For Tesla Stock Fans

This article first appeared on GuruFocus. Tesla's Model Y secured the No. 2 spot among China's best-selling vehicle models through July, trailing Geely's lower-priced Xingyuan as electric vehicles continued to dominate consumer demand, according to Wednesday sales data from Autohome. Geely's Xingyuan led the …

Update: Tencent Music Entertainment's Second-Quarter Revenue Growth Slows Sequentially; Shares Slump

(Article updated to write out the full company name in the headline.) Tencent Music Entertainment PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have …

Vibe-coding startup Lovable raises $400 million at $13.3 billion valuation

Aug 12 (Reuters) - Swedish vibe-coding startup Lovable said on Wednesday it raised $400 million in Series C ‌funding at a $13.3 billion valuation, double its valuation ‌from December. Menlo Ventures and the EQT-managed Scaleup Europe Fund co-led the ​round. Tencent, Balderton Capital and …

HONG KONG ECONOMIC TIME HLDG To Go Ex-Dividend On August 13th, 2026 With 0.00513 USD Dividend Per Share

Is Tencent Holdings (SEHK:700) Fully Priced Following Its Latest Results?

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Tencent Holdings (SEHK:700) is back in focus after reporting second quarter 2026 results, with …

Mobvista Schedules Board Meeting to Review 2026 Interim Results and Dividend

China tech giant Tencent's Q2 profit down as AI push builds

Shenzhen-based Tencent is the developer and operator of China's multifunctional app WeChat (Hector RETAMAL) Chinese tech firm Tencent posted quarterly net profit Wednesday that was short of expectations, as the gaming and advertising giant looks to monetise its heavy investment in artificial intelligence. Shenzhen-based …

TENCENT ANNOUNCES 2026 SECOND QUARTER RESULTS

Substantial Progress towards Building a New, AI-empowered Tencent at Intelligence, Application and Infrastructure Levels HONG KONG, Aug. 12, 2026 /PRNewswire/ -- Tencent Holdings Limited (HKEX: 00700 (HKD Counter) and 80700 (RMB Counter), "Tencent" or "the Company"), a world-leading Internet and technology company in China, …

Zhu Rongji, Chinese Premier Who Overhauled Economy, Dies at 98

(Bloomberg) -- Zhu Rongji, who as China's premier pushed through reforms at state-owned companies that cost tens of millions of workers their jobs, and who helped engineer China's entry into the World Trade Organization, has died. He was 98. Most Read from Bloomberg Phoebe …

Tencent, EU Fund Invest in AI Coding Startup Lovable at $13 Billion Valuation

(Bloomberg) -- Swedish coding startup Lovable has raised funding at a $13.3 billion valuation, bringing in fresh capital to compete with larger rivals like Anthropic and Elon Musk's SpaceX. Most Read from Bloomberg Five Takeaways From Zuckerberg's 6,500-Word Manifesto on AI Phoebe Gates Knew …

China's Tencent posts 11% second-quarter revenue rise, profit misses estimates

BEIJING, Aug 12 (Reuters) - Tencent Holdings reported a ‌11% rise in ‌second-quarter revenue on Wednesday, driven by ​strong advertising sales and steady gaming income, as the Chinese technology ‌giant ramps ⁠up AI spending. For the three months ended ⁠June, the Shenzhen-based gaming and …

Amid Polycom's 2026 End-of-Life Shift and Cisco's Hardware Upgrades, New Patent Landscape Report Identifies Key IP Holdings in the Video Conferencing Market

Company Logo Amid a wave of technological shifts in 2026 including Cisco's rollout of Webex AI Agents, Microsoft Teams' enterprise security overhauls, Apple's iOS 26 FaceTime enhancements, and major hardware transitions away from legacy Polycom platforms—this comprehensive IP study analyzes the foundational patent portfolios …

Tencent Cloud Powers Alsaif Gallery's Enterprise AI Transformation in Saudi Arabia

HONG KONG, Aug. 12, 2026 /PRNewswire/ -- Tencent Cloud, the cloud business of global technology company Tencent, today announced its collaboration with Alsaif Gallery, one of Saudi Arabia's leading home appliance and furniture retailers, to support the company's enterprise AI transformation journey. Leveraging Tencent …

CPI and Tencent's earnings report loom simultaneously—will the Hang Seng Index's 26,000-point level hang by a thread? Tonight's twin events will set the tone for Hong Kong stocks!

China Earnings to Test Rotation From AI to Internet Stocks

(Bloomberg) -- A rotation into China's biggest tech firms from AI infrastructure stocks will be tested this week as earnings are due. Most Read from Bloomberg Five Takeaways From Zuckerberg's 6,500-Word Manifesto on AI Pakistan Says Deal Is Close Even as Iran, US Harden …

Why Baidu Inc. (BIDU) Dipped More Than Broader Market Today

In the latest close session, Baidu Inc. (BIDU) was down 3.26% at $105.93. This change lagged the S&P 500's 0.32% loss on the day. Elsewhere, the Dow lost 0.34%, while the tech-heavy Nasdaq lost 0.6%. The web search company's shares have seen a decrease …

China Literature Ltd (CHLLF) (H1 2026) Earnings Call Highlights: Short Drama and AI-Animated ...

This article first appeared on GuruFocus. Total Revenue: RMB3.53 billion, up 10.7% year-over-year. Online Business Revenue: RMB1.84 billion, down from RMB1.99 billion in the first half of 2025. IP Operations and Other Revenue: RMB1.69 billion, up 40.6% year-over-year. IP Operations Revenue: RMB1.61 billion, up …

Is Bilibili (BILI) Undervalued Or Is Its Recent Bounce Already Priced In?

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Bilibili (BILI) has drawn renewed attention after recent share price moves, prompting investors to reassess the stock by looking at its current trading levels, recent …

AI startup Manus to resume independent operations as deal with Meta unwinds

BEIJING, Aug 11 (Reuters) - AI startup Manus said on Tuesday it will ‌resume operating as an independent company ‌and some user data will be deleted as ​part of its separation from U.S. tech giant Meta. • "As part of our transition back to …

Existing Home Sales Data in Focus

Pre-market futures are correcting Monday's slight selloff at this hour; ultimately, as we had said in this space yesterday, we don't expect much movement either direction until inflation reports begin to hit the tape Wednesday morning with the Consumer Price Index (CPI) Inflation Rate. …

Asian Equities Traded in the US as American Depositary Receipts Edge Lower in Tuesday Trading

Asian equities traded in the US as American depositary receipts were edging slightly lower Tuesday morning, declining 0.14% to 3,020.40 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by diagnostic imaging centers company Concord Medical Services (CCM) and Silver …

Tencent Music shares slide after Q2 results despite beat

Tencent Music Entertainment Group (TME [https://seekingalpha.com/symbol/TME]) shares fell 9% following the release of its second-quarter results [https://seekingalpha.com/news/4630500-tencent-music-entertainment-non-gaap-epads-of-025-beats-by-001-revenue-of-132b-beats-by-20m], as investors appeared to look beyond a modest revenue and earnings beat and focused on slowing growth across parts of the business. The Chinese music and audio …

Tencent's Second-Quarter Revenue Growth Slows Sequentially; Shares Slump

Tencent Music Entertainment's (TME) shares tumbled in Tuesday trading as the company's second-quarte PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a subscription? …

Small Biz Index, Existing Home Sales & More Earnings

Tuesday, August 11th, 2026 Pre-market futures are correcting Monday's slight selloff at this hour; ultimately, as we had said in this space yesterday, we don't expect much movement either direction until inflation reports begin to hit the tape Wednesday morning with the Consumer Price …