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Tencent Music Newsroom
TME's Global Music Outreach Debuts In Singapore, Expanding Chinese Music Internationally
Tencent Music Entertainment Group Launches Global Music Outreach Initiative
Overnight news: Traders expect the Fed to cut interest rates sharply at least twice in the near term. OpenAI's "Strawberry" model may be released within two weeks. Dell will continue to lay off employees this year.
For more global financial information, please go to the 7x24-hour real-time financial news market closing: US stocks rise and fall, and the S&P index continues to rise for the second day. The top 20 US stock turnover on September 10th: Apple needs to pay Ireland an additional $14.4 billion in taxes. China concept stocks rose and fell on Tuesday, with Alibaba up 2.9% and Tencent Music down 4.9%. International oil prices plummet, with US oil down 4.3% and Brent oil down 3.7%. Gold is on the rise, with a 0.52% increase in COMEX gold futures. Major European stock indexes fell collectively, with the German DAX30 index down 0.95%. The countdown to the macro US presidential election debate, please keep this list of stocks, bonds, and foreign exchange.
GloRilla and Lola Brooke Performing AtNew York Fashion Week FestivalPowered by The Model Experience
Citigroup: tencent music-SW(01698) is expected to see a slowdown in revenue from paid users, but we believe it has defensiveness and sustainable profitability and revenue.
In the macro slowdown and the resilient situation of the music industry, Citigroup believes that Tencent Music is defensive, especially with improved profitability and stable revenue performance, which also seems sustainable.
Intel, Moderna And Dollar General Were Among Top 10 Large Cap Losers In August: Are The Others In Your Portfolio?
U.S. stock market closing: the three major indexes have mixed gains and losses, with nvidia falling 11% over the past two days.
①S&P and Nasdaq fell for two consecutive days, while the Dow rose by 0.09%; ②Most large technology stocks closed lower, with Amazon falling by 1.66%; ③Berkshire Hathaway Class B shares continued to reach new historical highs; ④United States Steel: Thousands of jobs are at risk if it is not acquired.
US stocks closed: nvidia's market cap decreased by 2 trillion overnight, leading the Nasdaq to plunge 3% and becoming the weakest of the three major indices.
1. Nvidia's market cap evaporated by about 1.99 trillion yuan; 2. The PHLX Semiconductor Index fell by 7.7%, with all components going under; 3. Large technology stocks collectively declined, with Apple dropping by 2.72%; 4. Berkshire Hathaway's stock price continued to hit new historical highs.
US stock market close: all three major indexes fall, Nasdaq falls more than 1%, Nvidia drops after hours.
①Nvidia fell 8% after hours; ②Berkshire Hathaway's market cap exceeded 1 trillion US dollars for the first time; ③OpenAI is reportedly negotiating financing with a valuation of over 100 billion US dollars, and Microsoft continues to follow.
US stocks closed: the market awaits NVIDIA's financial report, and the three major indexes rose slightly. The Dow once again hit a new high.
① The three major indices rose slightly, with the Dow hitting a new high; ② Large technology stocks were mixed, with Nvidia rising more than 1%; ③ China concept stocks experienced varied gains and losses, with Xpeng rising more than 6%.
Hong Kong Stock Market News | Tencent Music-SW(01698) rose more than 5% in the afternoon, the net income rate may be further optimized in the second half of the year, institutions believe that the company has tremendous long-term growth potential.
Tencent Music-SW (01698) rose more than 5% in the afternoon, as of the time of writing, up 5.82%, at HKD 42.7, with a turnover of 11.5098 million HKD.
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Express News | Shares of US-listed Chinese Companies Are Trading Lower After China's Central Bank Left Its One-year and Five-year Loan Prime Rates Unchanged at 3.35% and 3.85% Respectively
Sealand Securities: Maintains a "buy" rating for Tencent Holdings with a target price of HKD 466.
Sealand Securities published a research report stating that it maintains a "buy" rating on Tencent Holdings (00700), considering the company's stable gaming business, continuous growth of advertising beyond expectations, and significant year-on-year improvement in profit margin. It has raised its profit expectations and expects the company's revenue to be 665.6/727.7/788.6 billion yuan for FY2024-2026, with a non-IFRS net income attributable to the mother of 223.8/253.9/282.4 billion yuan and a target price of 466 Hong Kong dollars. Sealand Securities' main viewpoint is as follows: On August 14, 2024, the company announced its 2024 Q2 financial report, with revenue of 161.1 billion yuan for 2024 Q2.
Rivian, Chipotle Mexican And Sirius XM Are Among Top 10 Large Cap Losers Last Week (Aug 11-Aug 17): Are The Others In Your Portfolio?
Tencent Music Entertainment Group (TME) Q2 2024 Earnings Call Transcript Summary
Asian Equities Traded in the US as American Depositary Receipts Rise in Friday Trading, End Week 4.6% Higher
HK stock market unusual move | Tencent Music-SW(01698) drops nearly 4%. Net member increase guidance lowered and target price is lowered by several major banks after earnings report.
Tencent Music - SW (01698) fell nearly 4%. As of press time, it fell 3.79% to HKD 41.85, with a turnover of 14.6501 million HKD.
Tencent Music Entertainment Group Second Quarter 2024 Earnings: EPS Beats Expectations
JPMorgan on China Economy: Investors Are Seeking More Aggressive Policy Support