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Meta Platforms gets billions from China without headaches many U.S. companies face there

cnbc.com As many American companies struggle to navigate the world's second-largest economy, Meta Platforms has found itself raking in billions of dollars from China without the…

Why Chinese Stocks Tencent, PDD Holdings, and JD.com Surged Today

finance.yahoo.com Shares of Chinese stocks, including Tencent (OTC: TCEHY), PDD Holdings (NASDAQ: PDD), and JD.com (NASDAQ: JD), rallied to start the week, up 5.4%, 9.5%, and 5.8%,…

Futures Rebound As Geopolitical Fears Fade, Fed Enters Blackout Period

zerohedge.com Futures Rebound As Geopolitical Fears Fade, Fed Enters Blackout Period US equity futures rose, putting the S&P on pace for its first gain after 6 straight days of losses, as…

3 Dividend-Paying Tech Stocks to Buy Right Now

finance.yahoo.com While the 5%-plus yield on short-term Treasury bonds looks quite tempting today, don't count on seeing that last. As inflation eventually falls back toward the Federal…

Hang Seng, Nikkei Rebound as Middle East Conflict Fears Fade

asiafinancial.com Asian stocks bounced back on Monday as worries over the Middle East situation subsided and investors returned to riskier assets. Gold and the safe-haven US dollar eased back…

Tencent Shares Climb Most in Months as Blockbuster Debuts Early

finance.yahoo.com Tencent Holdings Ltd. shares staged their biggest rally since February after China’s biggest internet firm nailed down an earlier-than-anticipated debut of one of the year’s…

Hong Kong stocks soar after China’s market regulator support pledge

scmp.com A personalised news feed of stories that matter to you Get more with my NEWS Hong Kong leapt at the open after China’s market regulator unveiled a series of market reforms…

If You'd Invested $10,000 in Microsoft Stock When Satya Nadella Became CEO, This Is How Much You Would Have Today

finance.yahoo.com Microsoft (NASDAQ: MSFT) has become one of the most profound success stories in stock market history. Since its March 1986 initial public offering, the stock has risen…

Apple Says China Ordered Removal of WhatsApp, Threads From App Store

pymnts.com Apple has removed Meta’s WhatsApp and Threads, as well as Telegram and Signal, from its App Store in China. The company was ordered to do so by the Cyberspace Administration…

3 Metaverse Stocks to Buy Now: Q2 Edition

investorplace.com Hop onto the augmented and virtual reality trend with these three metaverse stocks It may be time to give the metaverse a second chance. Many investors are understandably…

China Opens e-CNY Research Institute, Appoints First Expert Panel

cryptonews.com The e-CNY Research Institute has been inaugurated to support advancements of China’s central bank digital currency (CBDC). According to a recent report by MPayPass,…

Hong Kong stocks tumble as Middle East conflict report batters sentiment, investors seek havens

scmp.com E-commerce group Alibaba tumbled 2.6 per cent to HK$66.15, Tencent dropped 1.3 per cent to HK$300.40 and food delivery platform Meituan slipped 4.1 per cent to HK$93.65.…

China’s 4 new ‘AI tigers’ – Baichuan, Zhipu AI, Moonshot AI and MiniMax

scmp.com That puts the Beijing-based company in a league of domestic AI unicorns – start-ups valued at more than US$1 billion – that also include Zhipu AI, Moonshot AI and MiniMax.…

Chinese and US firms collaborate on first global generative AI standards

scmp.com They are the first global standards specifically covering GenAI and LLM, technologies behind increasingly popular AI services such as OpenAI’s ChatGPT and Microsoft’s…

Why Europe Must End Its 30-Year Digital Winter to Ensure Its Long-Run Future

pymnts.com In the last 30 years, Europe — defined here as the EU plus the U.K., Norway and Switzerland — has created few leading digital businesses compared to the U.S. and China. This…

3 Social Media Stocks to Buy Now: Q2 Edition

investorplace.com The social media stocks have a lot to gain as they further monetize their massive user bases The broad basket of social media stocks has much to gain as they seek to trim…

China’s leaders are flailing as markets drop

economist.com In recent weeks, China’s economic policymaking has been not just inadequate but a little skittish. On January 23rd draft rules on video games disappeared from the…

Microsoft’s $1.5B funding for G42 signals growing US-China rift

techcrunch.com As the Gulf region gains growing strategic importance in the tech war between the U.S. and China, Microsoft makes a big move into one of its oil-rich countries. On Monday…

The Fall of China’s Tech Giant: How Alibaba’s Woes Expose the Perils of Xi’s Crackdown

investorplace.com Back in the last decade, I told anyone who would listen about the great news of Alibaba stock (NASDAQ: ). I even bought some shares. Alibaba was one of China’s three “Cloud…

2 Artificial Intelligence (AI) Stocks Up 59% and 130% in the Past Year That Are Still Buys Today

finance.yahoo.com The technology sector roared back to life in 2023 after suffering steep losses in 2022. Investors are particularly focused on companies benefiting from artificial…

Hong Kong stocks slump to 3-week lows on Middle East tensions, mood cautious ahead of China data dump

scmp.com A personalised news feed of stories that matter to you Get more with my NEWS Hong Kong stocks slump to 3-week lows on Middle East tensions, mood cautious ahead of China data…

Tencent Simplifies Process of Linking International Cards With Weixin Pay

pymnts.com Tencent has made it easier for visitors to mainland China to register for a WeChat account and to link international cards to Weixin Pay. In addition, Weixin Pay is…

The Chinese backlash over Netflix’s 3 Body Problem, explained

vox.com A pivotal scene from Netflix’s 3 Body Problem shows the violence of the Chinese Cultural Revolution. | Ed Miller/Netflix It says more about Netflix than it does about China.…

Sources: ByteDance's EBITDA rose ~60% YoY in 2023 to $40B+ and its sales rose from $80B to nearly $120B, passing Tencent's revenue and profit for the first time

straitstimes.com ByteDance’s profit surged roughly 60 per cent in 2023, outpacing the growth of online peers Tencent and Alibaba Group, in a sign of the TikTok owner’s resilience in the face…

China added 1 unicorn per week last year despite slumping global investments thanks partly to AI frenzy, report says

scmp.com This was the sixth instalment of Hurun’s annual unicorn report. The institute, founded by former accountant Rupert Hoogewerf, is best known for its annual “rich list” ,…

ByteDance profit surges 60% to US$40 billion, outpacing Tencent on TikTok fame

scmp.com The results mark the first time that ByteDance has overtaken arch-rival Tencent both in revenue and profit as it leveraged its popular short-video platforms to expand into…

ByteDance Profit Jumps 60%, Taking It Past Archrival Tencent

finance.yahoo.com ByteDance Ltd.’s profit surged roughly 60% in 2023, outpacing the growth of online peers Tencent Holdings Ltd. and Alibaba Group Holding Ltd. in a sign of the TikTok owner’s…

Asian stocks skittish with US inflation on tap; Alibaba boosts Hong Kong

investing.com Investing.com-- Most Asian stocks moved in a flat-to-low range on Wednesday as investors hunkered down ahead of key U.S. inflation data due later in the day, while Hong…

This Is How Much Microsoft Is Up Since the CoronaVirus Crash

247wallst.com The Coronavirus was a globalwide epidemic that put millions of companies out of business. When the pandemic triggered lockdowns in the US, the Dow Jones Industrial Average…

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