Tencent Holdings

UBS Group expressed optimism about Chinese stocks, citing the recent tariff pause with the U.S., potential stimulus measures from Beijing and attractive low valuations as key drivers. UBS’ stance coincided with a market sell-off in U.S. equities amid trade tensions, SCMP reported on Monday....

Crossovers with music and movies are nothing new to the popular video game “Fortnite.” That continues with an unlockable character outfit that models the “Dude” character from the upcoming “Free Guy” movie. What Happened: Fortnite, a game from Epic Games,...

Bill Ackman's plan to acquire 10% of Universal Music Group could face a setback with Vivendi shareholders speaking out against the transaction.  What Happened: Bill Ackman’s Pershing Square Tontine Holdings Ltd (NYSE: PSTH) announced a plan to acquire 10% of Universal Music Group, a...

Led by Tencent Holdings and private equity firm Hillhouse Capital Group, Yuanfudao raised $1 billion in a new financing round. What Happened Yuanfudao, Chinese online education platform, said that with the new $1 billion financing round, the company's valuation would be raised to $7.8 billion...

NVIDIA Corporation (NASDAQ: NVDA) is trading up 193 percent year over year, and Jefferies expects no slowdown. “We continue to see NVDA as a major beneficiary of the 4th Tectonic Shift in Computing, where serial processing (x86) architectures give way to massively parallel processing...

Startups out of China don't want to merely dominate the local market — they want their products and services to be used across the world as part of the country's "Going Out" initiative. According to a CNBC report, the Chinese government is encouraging domestic companies to look beyond its own...

Shares of Tesla Inc (NASDAQ: TSLA) gained more than 2 percent early Tuesday morning after a regulatory filing showed that China-based Tencent Holdings now holds a 5 percent stake in the electric vehicle and energy storage company. According to a 13G filing, Tencent purchased 8.167 million shares of...

Alibaba Group Holding Ltd (NYSE: BABA) was recently dethroned as being labeled China's most valued e-commerce company, despite its stock gaining more than 35 percent over the past year. The company that pushed its way to the number one spot is Tencent, an investment holding company with a focus on...

BlackBerry Ltd (NASDAQ: BBRY)'s popularity in the North American market has certainly faded over the past few years, but the company is seeing success elsewhere— particularly in Indonesia. According to The Wall Street Journal, the Indonesian market continues to show loyalty toward BlackBerry...

U.S. stocks were little changed with the S&P 500 closing for the second straight day above the 2,000 mark. Markets were on track for a flat open and volume and volatility remained relatively light throughout the trading session as geopolitical events remain in focus. Israel and Gaza have...

Activision Blizzard (NASDAQ: ATVI) will report its first quarter 2014 results after market close on Tuesday. The popular video-game developer and publisher is expected to earn $0.10 per share on revenue of $688.23 million, based on the consensus estimates. The last time Activision reported...

Have you heard of Snapchat? If you’re a 20-something or younger, or you have teenage kids you’re likely well-aware of the app. Facebook (NASDAQ: FB) and Google (NASDAQ: GOOG) know about Snapchat as well. The Wall Street Journal reports that each made an offer to acquire the...