$TENCENT (00700.HK)$ Tencent announced it would buy a 6.86 percent stake in Japanese publishing company Kadokawa for 30 billion yen (1.741 billion yuan), making it the third largest Shareholder.
It is understood that Kaokawa is a famous publishing giant in Japan, and many of its animation, film and television and game products are popular. Representative products include Niconico, a video sharing website, copyright of animation works such as Sword Realm, Wolf and Spice, Life in a Different World from Scratch, and Black Soul series games.
In this way, Tencent continues to overweight ACG, comics and video games, and expand its media investment territory.

Taco Bell did okay, just the prelude to $Yum! Brands (YUM.US)$ spinning it off and then years later it finds world domination and total global food distribution.
$Caterpillar (CAT.US)$ is a big cat and it'll do as it likes.
$Microsoft (MSFT.US)$ so many pies
Oil still too high. should be $70. Let's make that happen before TG.
$Meta Platforms (FB.US)$ hopefully a future where users do a 180 and start charging them for their content.
$GE Aerospace (GE.US)$ it'll be a while.... dot dot dot
$Alcoa (AA.US)$ $Dow Inc (DOW.US)$ now that's exciting
$Novavax (NVAX.US)$ on more news filing watch,

Jeff Immelt knows something about managing through crises. Immelt, who is now a venture partner at New Enterprise Associates, told Yahoo Finance he thought the experiences he retold in the book could be valuable to other leaders.
“In a crisis, you have to hold two truths: You have to know that things could always get worse, and at the same time, you have to have vision that there is going to be a future that you need to invest in,” he said at Yahoo Finance’s All Markets Summit.The former General Electric (GE) chief executive saw the industrial conglomerate through the post-9/11 period and the Great Financial Crisis. And he released a book, “Hot Seat,” earlier this year, defending his leadership after the value of GE dropped by $170 billion during his 16-year tenure.
$GE Aerospace (GE.US)$ For the short term, it is good for these top managements - such as Jack Welch's million bonus. For the long running, it will break the firm, because working environment is break from small group level, It cost people never truest each other again.

Weekly market recap
Stock futures edged lower in overnight trading Sunday after the Dow Jones Industrial Average notched its third positive week in a row at a record high.
Wall Street is coming off a winning week on the back of strong corporate earnings. The blue-chip $Dow Inc (DOW.US)$ gained more than 1% last week and closed Friday at a record. The $S&P 500 Index (.SPX.US)$ rallied 1.7% last week, also posting its third straight positive week and hitting an all-time high Friday.
Of the 117 companies in the S&P 500 that have reported earnings to date, 84% posted numbers that beat expectations, according to Refinitiv. S&P 500 companies are expected to grow profit by about 35% in the third quarter.
Here's a look at the return of S&P 500 sectors
This week ahead in focus
Some of the biggest technology companies are slated to report earnings this week, including $Meta Platforms (FB.US)$, $Alphabet-C (GOOG.US)$, $Microsoft (MSFT.US)$, $Amazon (AMZN.US)$ and $Apple (AAPL.US)$. A third of the Dow companies also is set to release quarterly results this week, including $Caterpillar (CAT.US)$, $Coca-Cola (KO.US)$, $Boeing (BA.US)$ and $McDonald's (MCD.US)$.
Economists and Fed watchers will also be paying attention on Wednesday, when the minutes from the Federal Open Market Committee September meeting will be released. Finally, the annual meetings of the World Bank Group and the International Monetary Fund will run virtually all week.
Economic data out this week includes the Conference Board's Consumer Confidence Index for October on Tuesday, the Census Bureau's durable-goods report for September on Wednesday, and the Bureau of Economic Analysis' preliminary estimate for third-quarter GDP on Thursday.
Economists' consensus estimate is for a seasonally adjusted annual growth rate of 4%, after the economy grew 6.7% in the second quarter.
Monday 10/25
Mega-cap tech companies headline the week's quarterly results starting with Facebook, which reports after the close. Alphabet and Microsoft follow on Tuesday, and Amazon.com and Apple on Thursday.
$Cadence Design Systems (CDNS.US)$, $Kimberly-Clark (KMB.US)$, and $Otis Worldwide (OTIS.US)$release quarterly results.
Tuesday 10/26
$3M (MMM.US)$, $Advanced Micro Devices (AMD.US)$, $Ameriprise Financial (AMP.US)$, $Capital One Financial (COF.US)$, $Chubb Ltd (CB.US)$, $Ecolab (ECL.US)$, $Eli Lilly and Co (LLY.US)$, $GE Aerospace (GE.US)$, $Hasbro (HAS.US)$, $Invesco (IVZ.US)$, $Lockheed Martin (LMT.US)$, $MSCI Inc (MSCI.US)$, $Novan (NOVN.US)$, $RTX Corp (RTX.US)$, $S&P Global (SPGI.US)$, $Sherwin-Williams (SHW.US)$, $Texas Instruments (TXN.US)$, $Twitter (Delisted) (TWTR.US)$, $United Parcel Service (UPS.US)$, and $Visa (V.US)$ report earnings.
The Census Bureau reports sales of new single-family houses for September. Consensus estimate is for a seasonally adjusted annual rate of 775,000 homes sold, 35,000 more than the August figure.
The Conference Board releases its Consumer Confidence Index for October. Expectations are for a 110 reading, similar to the September data. The index is 15% lower than its recent peak in June, with concern about the spread of the Delta variant and inflation dampening consumer optimism.
S&P CoreLogic releases its Case-Shiller National Home Price Index for August. Economists forecast a 20% year-over-year rise, a tick higher than July's 19.7% increase. If that estimate proves correct, it would be the fifth consecutive monthly record gain for the index.
Wednesday 10/27
$Automatic Data Processing (ADP.US)$, Boeing, $Bristol-Myers Squibb (BMY.US)$, $CME Group (CME.US)$, Coca-Cola, $eBay (EBAY.US)$, $Ford Motor (F.US)$, $General Dynamics (GD.US)$, $General Motors (GM.US)$, $Hilton Worldwide (HLT.US)$, $International Paper (IP.US)$, $The Kraft Heinz (KHC.US)$, McDonald's, $Norfolk Southern (NSC.US)$, $Old Dominion Freight Line (ODFL.US)$, $ServiceNow (NOW.US)$, $Spotify Technology (SPOT.US)$, and $Thermo Fisher Scientific (TMO.US)$ release quarterly results.
The Census Bureau releases the durable-goods report for September. New orders for manufactured durable goods are expected to decline 0.5% month over month to $262 billion, after a 1.8% gain in August. Excluding transportation, new orders are seen rising 0.8%, above August's 0.3% gain.
Thursday 10/28
$Altria (MO.US)$, $American Tower Corp (AMT.US)$, Caterpillar, $Comcast (CMCSA.US)$, $Gilead Sciences (GILD.US)$, $Intercontinental Exchange (ICE.US)$, $MasterCard (MA.US)$, $Merck & Co (MRK.US)$, $Moody's (MCO.US)$, $Newmont (NEM.US)$, $Northrop Grumman (NOC.US)$, $Sanofi (SNY.US)$, $Shopify (SHOP.US)$, $Starbucks (SBUX.US)$, and $Yum! Brands (YUM.US)$ hold conference calls to discuss earnings.
The Bureau of Economic Analysis reports its preliminary estimate for third-quarter GDP. Consensus estimate is for a seasonally adjusted annual growth rate of 4%, after the economy grew 6.7% in the second quarter.
Friday 10/29
$AbbVie (ABBV.US)$, $Cboe Global Markets (CBOE.US)$, $Charter Communications (CHTR.US)$, $Chevron (CVX.US)$, $Colgate-Palmolive (CL.US)$, $Exxon Mobil (XOM.US)$, $L3Harris Technologies (LHX.US)$, and $Weyerhaeuser Co (WY.US)$ report quarterly results.
Source: CNBC, Barron's

$GE Aerospace (GE.US)$ waiting

Don't trust a company that has more debt than it has capital.  $JD-SW (09618.HK)$

$GE Aerospace (GE.US)$ Stock buy backs can be good for intrinsic value but it can also be bad for intrinsic value. If the money spent is done at a price that is substantially above the companies present intrinsic value then it probably just wastes cash. Especially if the company borrows money to buy back shares.
I think GE is a good example. They wasted billions in share buybacks meanwhile their core buisness declined. The share buybacks didn't mean much because retained earnings fell and the companies balance sheet became a mess.
The worst is when a company does stock buy backs and the buisness has a major problem thus they are forced to sell shares below the stock buy back price. Basically a lose lose for everyone involved.