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Which Financial ETF Is the Better Buy: iShares' European EUFN or ProShares' Leveraged UYG?
Key Points iShares MSCI Europe Financials ETF offers broad exposure to developed European markets at a lower cost than the leveraged ProShares alternative. ProShares - Ultra Financials uses 2x daily leverage, which creates significantly higher price volatility and resulted in a steeper maximum drawdown. …
Chinese 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 …
Standard Chartered venture Anchorpoint begins Hong Kong dollar stablecoin rollout
Aug 12 (Reuters) - Standard Chartered's joint venture Anchorpoint Financial said on Wednesday it had begun the first phase of the rollout of its Hong Kong dollar-backed stablecoin, offering limited access to institutional distributors and professional investors. The stablecoin, called HKD At Par (HKDAP), …
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 …
Boyd Group Services Inc. Reports Second Quarter 2026 Results
Delivering Strong Sales Growth, Margin Expansion and Accelerated Synergy Realization Second Quarter 2026 Highlights Sales increased 29.9% to $1,013.7 million Adjusted EBITDA1 increased 44.9% to $135.9 million, with Adjusted EBITDA margins1 expanding 140 basis points to 13.4% New locations contributed $211.3 million to revenue, …
HSBC Continental Europe: Pre Stabilisation Notice
PARIS, Aug. 12, 2026 (GLOBE NEWSWIRE) -- KBC Group NV HSBC (contact: syndexecution@noexternalmail.hsbc.com) hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities in accordance with the Market Abuse Regulation (EU/596/2014). The securities: Issuer: …
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 …
HSBC's global insurance CEO Edward Moncreiffe set to exit bank: Reuters
[HSBC Bank signs] whitemay * HSBC's (HSBC [https://seekingalpha.com/symbol/HSBC]) global chief executive for insurance business, Edward Moncreiffe, is set to leave the bank after two decades with the lender, Reuters reported on Wednesday. * Moncreiffe, who took over the role at the Asia-focussed lender in …
Chunghwa Telecom (CHT) Q2 2026 Earnings Call Transcript
Image source: The Motley Fool. DATE Wednesday, Aug. 5, 2026 at 4 a.m. ET CALL PARTICIPANTS Vice President of Finance - Angela TsaiPresident - Rong-Shy LinChief Financial Officer - Audrey Hsu Need a quote from a Motley Fool analyst? Email pr@fool.com TAKEAWAYS Revenue -- …
Itaú Unibanco (ITUB) Q2 2026 Earnings Call Transcript
Image source: The Motley Fool. DATE Wednesday, Aug. 5, 2026 at 9:00 a.m. ET CALL PARTICIPANTS Chief Executive Officer and Member of the Executive Committee - Milton Maluhy FilhoOfficer and Member of the Executive Committee - Gabriel Amado de MouraGroup Head of Investor Relations …
AvePoint (AVPT) Could Be 44% Undervalued Following Earnings And Higher 2026 Guidance
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. Why AvePoint Stock Is Back in Focus After Earnings and New Guidance AvePoint (AVPT) …
NIO (NYSE:NIO) Draws A Bigger Institutional Stake
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. IMC-Chicago has significantly raised its equity stake in NIO (NYSE:NIO) as part of a recent portfolio reshuffle in the EV sector. The firm has reduced positions in …
Did AvePoint’s (AVPT) Strong Q2 and Higher 2026 Outlook Just Redefine Its AI Investment Narrative?
AvePoint recently reported second-quarter 2026 results, with revenue rising to US$124.5 million and net income increasing to US$27.57 million, and it lifted its 2026 revenue outlook to US$508.5 million–US$512.5 million. The company also highlighted rapid traction in its AI-powered governance and data protection tools, …
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 …