×

Tencent profit tops forecast as fintech and cloud revenues surge

  HONG KONG (Reuters) - Tencent Holdings Ltd posted record quarterly profit on Wednesday, smashing market expectations, as the social media and gaming giant booked a rise in the value of its investments while fintech and cloud revenues helped make up for declines in games. FILE PHOTO: A Tencent sign is... 2 weeks ago

Related News

LIVE: Here come Apple's earnings (AAPL)

Insider
.
.
Apple won't have to do much to impress Wall Street on Tuesday. The tech giant is slated to report its earnings for its fiscal second quarter after the market closes — and, ...
LIVE: Here come Apple's earnings (AAPL)

LIVE: Here come Apple's earnings (AAPL)

Insider
.
.
Apple won't have to do much to impress Wall Street on Tuesday. The tech giant is slated to report its earnings for its fiscal second quarter after the market closes — and, ...
LIVE: Here come Apple's earnings (AAPL)

Hasbro Turns a First-Quarter Profit

TheStreet.com
.
.
Toy-making giant Hasbro on Tuesday reported first-quarter earnings that handily beat analysts' estimates after losing one of its biggest customers, Toys R Us. Hasbro said its net e...
Hasbro Turns a First-Quarter Profit

Why Tencent Shouldn't Launch a Gaming Smartphone

Motley Fool
.
.
Tencent (NASDAQOTH:TCEHY) is mulling the development of a gaming smartphone according to Chinese media site 36KR. The tech giant is reportedly holding talks with Asus, Razer, Xiaom...
Why Tencent Shouldn't Launch a Gaming Smartphone

How Well Will Nintendo Switch Sell in China?

NewsWeek
.
.
Tech & ScienceThe administration of Guangdong province has given gaming company Tencent permission to distribute the Nintendo Switch console across China.According to a rep...
How Well Will Nintendo Switch Sell in China?

IBM stock slips after revenue shortfall

CNBC
.
.
Shares of IBM fell as much as 4 percent on Tuesday after the company said it generated less revenue than analysts had expected in the first quarter. div > div.group > p:first-child...
IBM stock slips after revenue shortfall

All news has been gathered by RoboNews Crawler