Tencent Music Entertainment Group
Chinese tech giants share details of their prized algorithms with top regulator in unprecedented move
China has introduced rules that aim to govern how technology platforms use recommendation algorithms. It is part of a broader push from Beijing to more closely regulate China’s domestic technology sector. Thomas White | Reuters Chinese technology giants shared details of their prized algorithms with the country’s regulators in an unprecedented move, as Beijing looks […]
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TikTok-owner ByteDance’s aggressive mobile gaming push is paying off as player spending grows
ByteDance has been investing in its mobile gaming business through key acquisitions and is finding success outside of China. Omar Marques | Sopa Images | Lightrocket | Getty Images Chinese internet giant ByteDance’s nascent foray into gaming is showing signs of promise with spending across its mobile titles growing over the past year as it […]
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Stocks making the biggest moves midday: Walmart, Citigroup, Paramount and more
Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey VIEW press | Corbis News | Getty Images Check out the companies making headlines in midday trading. Walmart — Shares fell about 10.5% after the big-box retailer reported quarterly earnings that significantly missed Wall Street’s expectations. Walmart posted adjusted first-quarter earnings […]
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Stocks making the biggest moves in the premarket: Walmart, Home Depot, Citigroup and more
Take a look at some of the biggest movers in the premarket: Walmart (WMT) – Walmart slumped 7% in premarket trading after missing bottom-line expectations for the first quarter. The retail giant earned $1.30 per share, 18 cents a share below estimates as inflationary pressures offset the positive impact of better-than-expected sales. Home Depot (HD) […]
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Stocks making the biggest moves after hours: United Airlines, Take-Two Interactive & more
A United Airlines passenger plane is loaded at the capital’s BER airport before its first flight from BER to New York’s Newark Airport. On flights to the U.S. East Coast, Berliners and Brandenburgers no longer necessarily have to change planes. From Monday, United Airlines will connect Schönefeld directly with New York’s Newark Airport on a […]
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Stocks making the biggest moves midday: Twitter, Starbucks, Tesla and more
Andrew Burton | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Twitter — The social media company soared 26.6% after a filing revealed that Elon Musk has taken a 9.2% passive stake in the firm, worth about $2.9 billion. The purchase came weeks after the Tesla CEO polled […]
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Stocks making the biggest moves in the premarket: Twitter, Tesla, Starbucks and more
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares soared 26.1% in the premarket after a Securities and Exchange Commission filing showed that Tesla CEO Elon Musk had taken a 9.2% passive stake in Twitter. Tesla (TSLA) – Tesla delivered just over 310,000 vehicles during the first […]
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Stocks making the biggest moves midday: Nike, Pfizer, Alibaba, Carnival, GameStop and more
A man with Nike bags talks on the phone in front of a Nike store as Black Friday sales begin at The Outlet Shoppes of the Bluegrass in Simpsonville, Kentucky, November 26, 2021. Jon Cherry | Reuters Check out the companies making headlines in midday trading. Nike — Shares of Nike jumped 3.2% after the […]
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Stocks making the biggest moves in the premarket: Nike, Okta, Alibaba and more
Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike reported quarterly profit of 87 cents per share, 16 cents a share above estimates. Revenue beat estimates as well, helped by an increase in digital sales and its ability to successfully navigate supply chain issues. Nike jumped 6.3% in […]
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