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The Project $1M portfolio saw its first decline in September since March 2020. September also marked the first notable decline versus the S&P 500 for 2020. I made a couple of portfolio changes in September, with the elimination of some long-standing positions, and the addition of ...
India’s e-commerce industry is growing rapidly and there is plenty of room left for growth. Growth drivers include rising internet penetration, incomes, and the rise of vernacular e-commerce platforms. Notable players include Walmart, Facebook, and Amazon. For further...
Tencent is a reflection of the growth vectors driving Chinese national economic growth. Overseas investments in Asia leverage the company to Asian economic growth. U.S. government measures against Chinese companies such as Tencent could be seen as a sign of U.S. weakness, not stre...
To buy Naspers in order to profit from the closing of the NAV discount is likely naïve. Prosus might be the better stock in this respect. A closer examination of the reasons for the large NAV discount helps us understand how we can profit from it - and why we should hope for ...
These tech stocks appear expensive on dollar value, but they are actually a steal considering their potential according to analysts. Tech stocks are defying gravity in the midst of what may be the worst economic downturn in modern history. Even though valuations of some top te...
China's Tencent Holdings (OTC: TCEHY) announced Tuesday that it has signed a definitive agreement to acquire the entirety of compatriot search engine operator Sogou (NYSE: SOGO) . Tencent, which already has a substantial stake in Sogou, will then take the company private. So...
Shares of Sohu.com Limited (NASDAQ: SOHU) soared on Tuesday after the company announced its subsidiary Sogou (NYSE: SOGO) is being acquired by Chinese conglomerate Tencent Holdings (OTC: TCEHY) for $1.18 billion. Sogou stock barely moved on the news since it already ...
The rise in coronavirus cases in several European nations spooked the financial markets sending investors into a risk-off mode. Some investors also sensed danger when China Evergrande Group, the nation's second-largest property developer conceded cashflow difficulties. Chines...
The rise of social media over the past decade has been swift and very rewarding for early investors. As social media companies find innovative new ways to gather, use, and sell the information its users provide on a daily basis, this data has become the new currency. Facebook (NASDAQ:FB...
Mobile gaming was in the VC spotlight last week, led by the $100M Series A raise by potential Zynga (ZNGA) competitor Playco, which came out of stealth with a $1B valuation in a round led by Josh Buckley (Mino Games founder and tech investor) and Sequoia Capital Global Equities. Playco, which...
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2024-05-14 16:30:15 ET Image source: The Motley Fool. Tencent (OTC: TCEHY) Q1 2024 Earnings Call May 14, 2024 , 8:00 a.m. ET Wendy Huang Continue reading For further details see: Tencent (TCEHY) Q1 2024 Earnings Call Transcript
2024-05-14 15:34:38 ET Shares of Chinese tech giant Tencent Holdings (OTC: TCEHY) rallied about 5% on Tuesday as of 1:52 p.m. ET after the company released its earnings results for the first quarter of 2024. Tencent has various businesses across video games, online advertising a...