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15/05/2025
Cisco's after-hours rise nearly 3% with third-quarter revenue at $14.1 billion, up 11% year-over-year, exceeding market expectations. The company has raised its full-year revenue guidance.
Latest
2 m ago
Morgan Stanley released a report stating that Tencent Holdings' first quarter performance exceeded expectations in all aspects, with revenue increasing 13% year-on-year, beating market expectations by 3%. Tencent's first quarter Non-IFRS net profit increased by 22%, exceeding market expectations by 4%. The company repurchased 17.1 billion Hong Kong dollars in the first quarter, with a target of repurchasing over 80 billion Hong Kong dollars for the year. First quarter capital expenditure was 27.5 billion Chinese yuan, compared to 36.5 billion Chinese yuan in the previous quarter, with full-year capital expenditure guidance expected to be in the low double-digit percentage of total revenue. Morgan Stanley has given Tencent a "Buy" rating with a target price of 630 Hong Kong dollars.
2 m ago
Morgan Stanley: Tencent Holdings' first-quarter performance exceeds expectations in all aspects, rated as "overweight" with a target price of HKD 630.
2 m ago
Tianjin: Urgently plan a number of major projects and key issues in infrastructure, industry, people's livelihoods and other areas.
4 m ago
Revelation claims that the Nintendo Switch 2 will use a customized version of Nvidia chips.
4 m ago
According to Digital Foundry, the Nintendo Switch 2 will use a custom version of the NVIDIA chip, with its GPU featuring 1536 CUDA cores and supporting DLSS. (Science and Technology Board Daily)
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