Shares in Tencent dropped, after the Pentagon added the social-media and videogaming company to its list of "Chinese military companies." Tencent said the addition was "clearly a mistake." ...
This cohort has lagged both the S&P 500 index, which has risen 15% year-to-date, as well as Hong Kong’s Hang Seng benchmark, up 4%. Compare that performance to Tencent, which is listed in Hong ...
Following my March 2024 call to buy Tencent, where shares returned about 32% compared to a 13% gain for the S&P 500, I believe the recent U.S. blacklisting presents another attractive entry ...
Shares of Tencent (OTC: TCEHY), the Chinese tech giant and owner of the WeChat superapp, were tumbling Monday after the U.S. Department of Defense listed the company as a Chinese military entity ...
US stocks climbed higher on Wednesday as traders took in strong earnings reports, fueling the S&P 500 to rise close to record highs. Major stock averages traded higher and Treasury yields were ...
If gains hold, this will be the Dow and S&P’s best January returns since 2019 and the best inauguration month return since January 2013, at the start of former President Barack Obama’s second term.
Chinese artificial intelligence startup DeepSeek rattled the U.S. technology sector after the company recently unveiled an AI ...
Geopolitical risks are already playing out On Monday, the Pentagon designated two high-profile tech companies — Tencent and CATL — as Chinese military companies operating in the US.
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