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Tencent Revenue Disappoints in Warning for China Tech Sector

(Bloomberg) -- Tencent Holdings Ltd.’s revenue missed estimates, signaling an uneven recovery for the world’s biggest internet arena as it grapples with rising Chinese economic turbulence and anemic consumer sentiment.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesTycoon’s Fortune Soars $39 Billion on Eyebrow-Raising SPACRussia’s Emergency Rate Hike Fa...
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Nvidia Leads Selloff After Report of More US AI Chip Curbs

(Bloomberg) -- Nvidia Corp. led declines in tech stocks after a report Washington could close loopholes in the sale to China of powerful chips used to train artificial intelligence, potentially denting sales in the world’s top semiconductor market.Most Read from BloombergStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’UBS Preparing to Cut Over Half of Credit Suisse WorkforceWagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPi...
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Source: yahoo.com

Nvidia Leads Selloff on Report of More Chinese AI Chip Curbs

(Bloomberg) -- Nvidia Corp. led declines in tech stocks after a report Washington could close loopholes in the sale to China of powerful chips used to train artificial intelligence, potentially denting sales in the world’s top semiconductor market.Most Read from BloombergUBS Preparing to Cut Over Half of Credit Suisse WorkforceStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Wagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPi...
United States New York Bloomberg Businessweek Robert Lea Inspur Electronic Information Industry Co Unisplendour Corp
Source: yahoo.com

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