(Bloomberg) — Tencent Holdings Ltd. plans to more than double its stock buyback program to at least $12.8 billion in 2024, mollifying investors concerned about a gradual dissipation of growth during a Chinese economic downturn. Most Read from Bloomberg China’s largest internet company joins rivals from Alibaba Group Holding Ltd. to JD.com Inc. in ramping …
Alphabet (GOOG, GOOGL) is set to release quarterly earnings after the bell on Tuesday, kicking off a big week for US tech giants that will offer updates on the race for AI dominance, the state of the ad market, and an intensifying regulatory crackdown that coincides with a presidential election. Investors will be looking for …
Following a big move higher in Microsoft‘s (NASDAQ: MSFT) stock in 2023 and a 7% run-up already this year, the tech giant now commands approximately a $3 trillion market cap. But is the tech company really worth this much? Should shareholders be taking their profits or holding on for more potential long-term gains? Let’s explore …
Robust financial performance with significant net earnings growth. Strategic focus on edge-to-cloud solutions driving market differentiation. Challenges in supply chain management and competitive pressures. Opportunities in high-performance computing and AI integration. On December 22, 2023, Hewlett Packard Enterprise Co (NYSE:HPE) filed its 10-K report, revealing a year of substantial financial growth and strategic positioning. HPE, …