WeChat mascots are displayed inside Tencent office at TIT Creativity Industry Zone in Guangzhou, China, May 9, 2017.
— Tencent Music shares rose roughly 1% in extended trading after the company beat on earnings but narrowly missed second-quarter revenue expectations. The company reported revenue of $8.01 billion, compared with the $8.13 billion analysts surveyed by Refinitiv were expecting. The company earned 66 cents per share, excluding items, while analysts were expecting 62 cents per share.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks open modestly lower after weak China dataStocks opened lower, with the Dow Jones Industrial Average and S&P 500 pulling back modestly from record levels scored last week, after weaker-than-expected economic data out of China.
Source: MarketWatch - 🏆 3. / 97 Read more »
Asia stocks stumble as China data disappointAsian share markets slipped on Monday after a raft of Chinese data showed a surprisingly sharp slowdown in the engine of global growth, just as much of the world races to stem the spread of the Delta variant of COVID-19 with vaccinations.
Source: Reuters - 🏆 2. / 97 Read more »
UBS names 7 stocks set to pop on the green hydrogen themeAnalysts at UBS have picked a host of stocks they believe to be the best positioned to capture the massive potential of green hydrogen. Pro good
Source: CNBC - 🏆 12. / 72 Read more »
HSBC picks 'stand out' UK stocks set for a full recoveryIn a research note published last week, HSBC analyzed 68 'midcap' — or medium-sized — company stocks, comparing 2019 earnings with their expected earnings for 2022. Pro nice
Source: CNBC - 🏆 12. / 72 Read more »
MIDEAST STOCKS Abu Dhabi leads most Gulf markets higherMost major Gulf stock markets rose in early trade on Sunday, with the Abu Dhabi index registering the biggest gains while Dubai bucked the trend to trade lower.
Source: Reuters - 🏆 2. / 97 Read more »