In this article 700-HK TME Follow your favorite stocks CREATE FREE ACCOUNT Chinese tech giant Tencent on Wednesday reported revenues rose 9% in its first-quarter 2026 earnings, but missed analyst expectations. Here's how Tencent did in its first-quarter earnings for 2026, compared to LSEG analyst forecast data: Revenue: 196.5 billion Chinese yuan ($28.9 billion), compared to estimates of 199 billi...
In this article 700-HK TME Follow your favorite stocks CREATE FREE ACCOUNT Chinese tech giant Tencent on Wednesday reported revenues rose 9% in its first-quarter 2026 earnings, but missed analyst expectations. Here's how Tencent did in its first-quarter earnings for 2026, compared to LSEG analyst forecast data: Revenue: 196.5 billion Chinese yuan ($28.9 billion), compared to estimates of 199 billion Chinese yuan. "We started 2026 by making significant initial progress on our new AI products, as well as continuing to utilise AI to grow our existing core businesses," Ma Huateng, chairman and CEO of Tencent, said in a statement. "Our core businesses continued to grow their engagement, revenue and profit, providing the cash flow to fund our AI investments, as well as use cases for future AI deployment," he added. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Seeking Alpha (Seeking Alpha) Seeking Alpha (Seeking Alpha) Seeking Alpha (Seeking Alpha) Seeking Alpha (Seeking Alpha) Seeking Alpha (Seeking Alpha) Seeking Alpha (Seeking Alpha) More on Tencent Tencent's 1.4 Billion Users Give It An AI Edge No Western Platform Can Match Tencent: Not A Bargain Despite YTD Share Price Weakness Tencent Holdings Limited (TCEHY) Q4 2025 Earnings Call Transcript Tence...
Seeking Alpha (Seeking Alpha) Seeking Alpha (Seeking Alpha) Seeking Alpha (Seeking Alpha) Seeking Alpha (Seeking Alpha) Seeking Alpha (Seeking Alpha) Seeking Alpha (Seeking Alpha) More on Tencent Tencent's 1.4 Billion Users Give It An AI Edge No Western Platform Can Match Tencent: Not A Bargain Despite YTD Share Price Weakness Tencent Holdings Limited (TCEHY) Q4 2025 Earnings Call Transcript Tencent Non-GAAP EPS of RMB 7.36, revenue of RMB 196.46B DeepSeek may be valued at $45B as China's Big Fund eyes investment - report
Gwanghwamun Square, a plaza in Seoul framed by royal palaces and monuments to Korean national identity, is at the centre of a dispute over whether a massive new Korean war memorial belongs in a public space seen as a major tourist attraction and long associated with civic gatherings and pro-democracy protests. A row of 23 stone monuments representing South Korea and the 22 foreign countries that f...
Gwanghwamun Square, a plaza in Seoul framed by royal palaces and monuments to Korean national identity, is at the centre of a dispute over whether a massive new Korean war memorial belongs in a public space seen as a major tourist attraction and long associated with civic gatherings and pro-democracy protests. A row of 23 stone monuments representing South Korea and the 22 foreign countries that fought alongside it during the 1950-53 war was recently unveiled at the square. Located across from...
A 10-year-old girl has told a Hong Kong court that a domestic helper inappropriately touched her when waking her up one morning. Standing trial at Kowloon City Court on Wednesday, helper Lady Jay Santos Flores denied four counts of indecent assault for allegedly molesting the daughters of her former employer. The younger daughter, who was not named in court and testified via video conference, said...
A 10-year-old girl has told a Hong Kong court that a domestic helper inappropriately touched her when waking her up one morning. Standing trial at Kowloon City Court on Wednesday, helper Lady Jay Santos Flores denied four counts of indecent assault for allegedly molesting the daughters of her former employer. The younger daughter, who was not named in court and testified via video conference, said the helper came to her room on the morning of June 11, 2025 and lifted her blanket to wake her...
travelism/iStock via Getty Images Overview When I previously covered PennantPark Floating Rate Capital ( PFLT ), I issued a hold rating due to the increased debt burden and the declining earnings. Since then, the share price has slightly declined alongside the rest of the BDC market. PFLT just reported its Q2 earnings, so I wanted to revisit this business development company to reassess its perfor...
travelism/iStock via Getty Images Overview When I previously covered PennantPark Floating Rate Capital ( PFLT ), I issued a hold rating due to the increased debt burden and the declining earnings. Since then, the share price has slightly declined alongside the rest of the BDC market. PFLT just reported its Q2 earnings, so I wanted to revisit this business development company to reassess its performance, outlook, and dividend coverage through the remainder of the year. Looking at the performance over the last twelve months, we can see that PFLT's share price has declined by a little more than 11.6%. When including all distributions that were paid out to shareholders, the total return barely breaks even over the same time frame. PFLT now offers investors a starting dividend yield of about 13.8% while issuing those payouts on a monthly basis. While PFLT has maintained a healthy track record of consistent payouts, management has confirmed that the payouts will be reduced in July. Data by YCharts PFLT's latest earnings report confirms that net investment income still doesn't support the payouts. While it is clear that management wants to prioritize consistent payouts, there are negative trade-offs to this. I remain cautious about the underlying risks related to NAV declines through the remainder of 2026. Furthermore, PFLT continues to struggle with allocating sufficient capital towards new investments. As long as sales and repayments outpace new investments, I see little growth momentum happening over the next few quarters. Mixed Q2 Earnings According to the latest portfolio overview , PFLT has total assets of $2.74B that are spread across a diverse range of debt investments. What I like about PFLT is that most of its investments are structured as first lien debt. This is ideal because this form of debt sits at the top of the corporate capital structure and has the highest priority for repayment. So if a borrower is struggling to keep up with required debt maintenance an...
The S&P 500 got off to a rough start this year, finishing the first quarter with a decline of 4.6%. This was as concerns mounted regarding turmoil in Iran and as investors worried about the strength of the artificial intelligence (AI) revenue opportunity -- AI stocks had driven the major benchmark higher in the three previous years and helped keep the bull market going strong. In recent weeks, the...
The S&P 500 got off to a rough start this year, finishing the first quarter with a decline of 4.6%. This was as concerns mounted regarding turmoil in Iran and as investors worried about the strength of the artificial intelligence (AI) revenue opportunity -- AI stocks had driven the major benchmark higher in the three previous years and helped keep the bull market going strong. In recent weeks, the S&P 500 has rebounded, recovering its positive momentum -- and AI stocks once again have led the way. This is amid hopes for a peaceful resolution to the war in Iran, and as a new batch of corporate earnings buoyed investor sentiment. One big investor, in particular, however, isn't buying into the AI optimism. Michael Burry, known for his billion-dollar bet against the U.S. housing market in the early 2000s, today is expressing concern about something he's seeing in the current market. Does this top investor know something Wall Street doesn't? As the S&P 500 climbs, he's issuing a fresh warning... Continue reading