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2023-04-20 08:05:00 ET Videogame sales slipped 5% year-over-year in March, a victim of a tough comparison against the same month a year ago, when eight new games had juiced content revenues. Overall sales slid to $4.633B from last March's $4.875B, according to research group Circana. ...
2023-04-19 19:00:04 ET Summary Alibaba Group Holding Limited is currently priced at only 8.5x its FY1 pretax earnings. As such, it provides a very asymmetric return/risk profile according to the so-called Buffett’s 10x pre-tax rule (earnings before taxes, EBT). An 8.5x ...
2023-04-18 18:07:54 ET Summary The singularity is not here yet, but it will arrive very soon. The economic impact of the singularity may be devastating unless governments and central banks do something about it. Nothing is currently being done to prepare for the arrival of the...
2023-04-17 10:00:00 ET Summary Sea Limited was a ten-bagger during the last bull run and then crashed 86%. Hyper growth paired with high losses turned to positive cash flow in the latest quarter. The positive cash flows were a result of cost controls and increasing take rate. ...
Cutting-edge technologies at Hong Kong tech fairs attract over 66,000 buyers worldwide HONG KONG, Apr 16, 2023 - (ACN Newswire) - Hong Kong showcased its strengths in innovation and technology (I&T) at a series of innovation and tech fairs, including the first-ever InnoEX co-org...
2023-04-14 23:45:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. A crisis-driven rotati...
2023-04-14 09:27:58 ET With China continuing to reopen its economy and general society following some of the most-stringent COVID-19 restriction in the world, Wall Street analysts have begun assessing the outlook for some of the country's larger tech industries. On Friday, it was the tu...
2023-04-14 03:05:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. A crisis-driven rotati...
2023-04-13 10:00:00 ET As difficult as the past several months have been for U.S. companies and their stocks, it has been even worse for their Chinese counterparts. Between Beijing's continued crackdown on the country's technology outfits and the drastic measures aimed at curbing the spread...
2023-04-13 01:33:07 ET SoftBank ( OTCPK:SFTBY ) is raising cash by selling the majority of its remaining shares in Chinese internet giant Alibaba ( NYSE: BABA ) amid a downturn in its technology investments and a move to limit its China exposure, the Financial Times repor...
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Tencent Deploys AI to Help Researchers Decipher Hidden Meanings in Oracle Bone Scripts PR Newswire Online research platform Oracle Bones Corpus welcomes contributions from researchers and enthusiasts SHENZHEN, China , May 28, 2024 /PRNewswire/ -- Tencent&...
Tencent Announces Winners of Flagship CarbonX Program to Combat Climate Change PR Newswire SHENZHEN, China , May 23, 2024 /PRNewswire/ -- Tencent (00700.HK) is awarding 13 exceptional teams that won the first phase of its groundbreaking CarbonX Program , ...