Sharemaestro Newsreel

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, …

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 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 …

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 …

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 …

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 …

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, …

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 …

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 …

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 …

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? …

Tencent’s WorkBuddy sparks AI turnaround hopes after stock rout

(Bloomberg) -- Tencent Holdings Ltd.'s early success with WorkBuddy may give the Chinese Internet giant a chance to catch up after lagging peers in the artificial intelligence race for the past few years. Most Read from Bloomberg China Unleashes $28 Trillion Capital Markets to …

Tencent Cloud Drives AI Adoption to Cultivate the Greater Bay Area's Next Generation of Digital Talent

Through AI platform tools such as CodeBuddy and WorkBuddy, Tencent Cloud is helping young people build their own "future teams", unlock their innovation potential, and seize opportunities in the AI era HONG KONG, Aug. 10, 2026 /PRNewswire/ -- Tencent Cloud, the cloud business under …

Tencent AI Spending Key After Magnificent 7 Rout

(Bloomberg) -- Tencent Holdings Ltd.'s spending plans will draw investor scrutiny as investors cool on lavish outlays on artificial intelligence. Most Read from Bloomberg Trump Amps Up Pressure on Billionaire Sargeant to Exit Venezuela Iran Shakes Up Security Team After Saying Oman Deal 'Very …

[November.2024]Decoding the earnings of Chinese tech giant Tencent

Tencent 1Q26 Earnings: Revenue Miss, AI Capex Surge, Strong Profit Growth & HK$702 Target Price 1

Tencent’s revenue miss heightens pressure for faster AI payoff

Tencent revenue and profit miss on higher AI investment

Tencent posts 15% revenue jump, sustaining growth without splashy AI bets