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Deteriorating cash flow generation, slowing growth momentum and persistent valuation premiums make BABA a stock worth ...
Through its cloud unit, Tencent Cloud, the company offers AI services focused on speech/image recognition, user behavior analytics, and ad optimization, although it remains smaller than Alibaba Cloud.
Shares of Alibaba (NYSE: BABA) traded 2.7% lower as of 11:30 a.m. ET, while shares of Tencent (OTC: TCEHY) traded 2.4% lower. Shares of GDS Holdings (NASDAQ: GDS) initially slid almost 8% in pre ...
Shares of Chinese e-commerce stocks Alibaba (NYSE: BABA), Tencent (OTC: TCEHY), and PDD Holdings (NASDAQ: PDD) were rallying on Tuesday, up 4.7%, 4.1%, and 8.8%, respectively, as of 1 p.m. ET. It ...
Investors fear Chinese President Xi Jinping’s tightened grip on power will lead to continued strict policies on the tech sector.
Tencent's AI focus has come with increased spending, with the company's capital expenditure of 2024 totaling 76.8 billion yuan — more than tripling from 23.89 billion in 2023.
Shares of Alibaba (NYSE: BABA) traded 2.7% lower as of 11:30 a.m. ET, while shares of Tencent (OTC: TCEHY) traded 2.4% lower. Alibaba, Tencent, and GDS Holdings Fell as Trump Ratchets Up Tariff ...
Shares of Alibaba traded 2.7% lower as of 11:30 a.m. ET, while shares of Tencent traded 2.4% lower. Shares of GDS Holdings (NASDAQ: GDS) initially slid almost 8% in pre-market trading but had ...