Tencent's strong fundamentals and buyback strategy present a buying opportunity despite U.S. blacklisting. Click here to read my analysis of TCEHY stock.
The U.S. Department of Defense has designated CATL and Tencent as “Chinese military companies,” escalating trade and political tensions. The designation harms reputations, deters partnerships
The S&P 500 jumped 1% on Friday, Jan. 17, 2025, heading into the long weekend on a high note as prospects rebounded for additional interest-rate cuts in 2025.
World shares are mixed after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market and business activity
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(Bloomberg) -- Tencent Holdings Ltd. repurchased the most shares in nearly two decades after a selloff sparked by the tech firm’s addition to a US blacklist for alleged links to the Chinese ...
The US Department of Defense has added Chinese tech companies Tencent, a social media and gaming giant, and CATL, the world’s largest battery maker, to a list of firms that it alleges work with ...
That's music to the ears of Vistra, which cheered the market by acquiring more nuclear power capacity in 2024. Investors eagerly await updates on whether it will sign a deal with a cloud services company, although news of a fire at its California battery plant briefly sent shares sharply lower on Jan. 17.
Uber has been laying the foundation for long-term growth in the business, and it showed in 2024. Revenue growth accelerated, rising 20% year over year in the third quarter. Moreover, the increase in revenue is driving a bigger improvement in profits, with operating income more than doubling over the year-ago quarter to $1.1 billion.
The S&P 500 index’s biggest sector, information technology, was rising sharply Friday afternoon, but the gains were not quite large enough to lift it into positive territory so far in 2025. The tech sector was up 1.
Big Data firm Palantir was the best performing large-company U.S. stock of 2024, returning 340.5% on the year.
Just a year ago, the S&P 500 (^GSPC 1.00%) confirmed its presence in a bull market and went on to reach multiple record highs throughout 2024. Optimism about a lower interest rate environment ...