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China's technological strength and resilience amid the trade battle with US suggests that one can buy BABA, BIDU, JD and TCEHY as AI, EVs and AR lead the way.
SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #RestaurantTech--SoundHound AI, Inc. (NASDAQ: SOUN), a global leader in voice artificial intelligence, today announced that it will be working with Tencent Intelligent Mobility, which is part of Tencent's Cloud and Smart Industries Group (CSIG) business, to bring its world-class voice and conversational AI capabilities to Tencent Intelligent Mobility's cloud-based solutions for the automotive industry. The collaboration will enable Tencent Intelligent Mobility to deliver dy.
Tencent's $1.25B investment significantly improves Ubisoft's balance sheet and supports long-term growth. Deepening relationship with Tencent might unlock new revenue streams in Asia and improves Ubisoft's mobile gaming prospects. Ahead-of-schedule restructuring and early success signs from AC Shadows lay groundwork for sustainable earnings growth.
Tencent is set to become a leading Chinese AI player, leveraging its extensive digital service distribution network and significant investments in AI technology. The company's CAPEX investments surged to $10.7 billion, focusing on GPUs, servers, and data centers, positioning it ahead of rivals like Baidu and Alibaba. Tencent's vast digital ecosystem, including WeChat, gaming, and music platforms, provides a unique advantage to integrate and monetize AI functionalities across its services.
Live Updates Live Coverage Has Ended Gaines and Losers Today 12:59 pm Winners: APA Corp (APA) up 5.27% Abbott Labs (ABT) up 4.37% Devon Energy (DVN) up 4.17% Marathon Petroleum (MPC) up 3.82% Losers: NVIDIA (NVDA) down 7.53% JB Hunt (JBHT) down 7.49% MD (AMD) down 7.30% Interpublic Group (IPG) down 5.71% China to Fight Until the End 11:42 am According to The White House press release, China now faces up to 245% tariffs on on imports, up from 145% and despite the number increase, China will “ignore” the numbers gain and plans to fight until the end of the tariff war. As of 11:45 am: Nasdaq Composite: -1.48% S&P 500: -0.74% Dow Jones Industrial Average: -.02% Shares of the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) are down 1% in morning trading Wednesday after Nvidia (NASDAQ:NVDA) announced it would take a massive $5.5 billion writedown in the first quarter. The artificial intelligence chipmaker said in a late-afternoon SEC filing yesterday the U.S. government was imposin
Here is how Tencent Holding Ltd. (TCEHY) and Domo (DOMO) have performed compared to their sector so far this year.
It's not an easy matter to make predictions about the stock market, since no one really knows what it will do from day to day or even year to year. (Over long periods, though, it has always gone up.
Thornburg's Sean Sun likes high-quality growth companies with reasonable valuations and “optionality.”
Streaming media firm China Ruyi Holdings , backed by gaming and internet company Tencent , is aiming to raise between $300 million and $500 million in convertible bonds next week, two sources with knowledge of the plan said.
"AI Writing Companion" Marks Industry-First Integration of AI Technology and Traditional Composition MaterialsProjected to Generate Over 5 million USD in Revenue in 2025 SHANGHAI , March 31, 2025 /PRNewswire/ -- Jinxin Technology Holding Company (Nasdaq: NAMI), a leading provider of AI-driven digital content and interactive communication technologies, today announced a major strategic partnership between its flagship platform NamiBox, Tencent Cloud, and Sichuan Education Press. Together, the three parties unveiled AI Writing Companion, an innovative product that represents a breakthrough in AI-powered educational publishing.