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China’s Tencent posts strong Q2 revenue growth as AI race heats up

The tech giant says revenue from domestic games increased 17% year-on-year in Q2, while international games saw a 35% rise.

These Stocks Are Moving the Most Today: CoreWeave, Cava, Intapp, Webtoon, Sapiens, Alibaba, and More

CoreWeave, the artificial-intelligence cloud vendor, reported a wider-than-expected second-quarter loss but revenue of $1.21 billion that rose from $395.4 million a year earlier and beat expectations ...

China to Donald Trump: Sorry, we don't want your 'Obsolete' Nvidia AI chips

Chinese regulators are reportedly pressuring tech giants like Alibaba and ByteDance to reduce orders for Nvidia's H20 AI ...

JD.com Flees China's Brutal Retail Wars For Europe, As Beijing Fails To Tame Price-cutting At Home

The first is e-commerce giant JD.com's JD +1.84% Get Free Report surprising pivot toward brick-and-mortar retailing in Europe ...

Tencent Posts Earnings Beat as AI Buoys Game, Ad Businesses

The videogame and social-media company posted better-than-expected results amid resilience in its key gaming business and rapid AI-led growth in its marketing-services segment.