November 13, 20240 Comments

Tencent Q3 revenue rises 8% on gaming strength, matches estimates By Reuters

BEIJING (Reuters) – Chinese technology giant Tencent Holdings (OTC:) posted on Wednesday a 8% rise in third-quarter revenue, driven by growth in its gaming business after the recent launches of new titles. Tencent, the world’s largest video game company and operator of the WeChat messaging platform, reported revenue of 167.19 billion yuan ($23.14 billion) for the quarter ended Sept. 30, in line with average analyst estimates of 167.8 billion yuan,

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November 13, 20240 Comments

Top Dogecoin Wallet To Launch ‘DogeOS’, DOGE to the Moon?

Leading Dogecoin wallet MyDoge CEO revealed on Wednesday that ‘DogeOS’ launch remains imminent, sparking significant market discussions across the industry. The CEO, Jordan, revealed via a social media post that the new app layer launch aims to empower the next generation of Web3 users, in turn garnering market attention to the meme cryptocurrency. Meanwhile, DOGE rode bullish waves in the market, with the abovementioned development bringing additional investor enthusiasm to

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November 13, 20240 Comments

Bitwise Acquires Ethereum Staking Service Attestant, What’s Next for ETH Price?

Bitwise Asset Management, a crypto exchange-traded fund (ETF) issuer, on Wednesday said that it has acquired Attestant, an Ethereum staking service. The move comes as the company plans to expand further outside core businesses amid various crypt-focused ETF launches by the firm, as per people familiar with the matter. Will ETH price hit a new all-time high this bull run? Bitwise Deepens Crypto Push With Attestant’s Acquisition Bitwise Asset Management

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November 13, 20240 Comments

Rest of World’s Markets Broken By Trump’s America-First Plan

(Bloomberg) — Donald Trump’s election victory has catapulted US stocks to fresh records and pushed the dollar to a two-year high. It’s anything but good news for the rest of the world. Most Read from Bloomberg Equities excluding the US are tumbling, with an MSCI gauge at its lowest in three months. An index of developing-market currencies has lost more than 1% following the US election, coming close to erasing

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November 13, 20240 Comments

Canadian teen in critical condition with suspected case of bird flu

A Canadian teen is hospitalized in critical condition with what is believed to be bird flu, a British Columbia health official said Tuesday. It’s not clear how the teenager picked up the virus, which has been detected recently in wild birds and poultry in the province, said Dr. Bonnie Henry, provincial health officer. The teen is not known to have any contact with infected animals, she said. Officials have released

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November 13, 20240 Comments

Why Tesla, crypto and prisons are Trump trade winners

Getty Images Financial markets greeted Donald Trump’s victory in the US presidential election with a blistering rally. That’s despite considerable debate about how Trump’s plans for tariffs, lower taxes and mass migrant deportations might affect the world’s largest economy. A week on, the surge finally appears to be settling. The three major stock indexes in the US ended the day lower on Tuesday, after rising roughly 5% since 4 November,

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November 13, 20240 Comments

Sephora says it did not donate to Trump campaign, after online calls for boycott

Beauty retailer Sephora has said it did not make large donations to President-elect Donald Trump‘s campaign, after viral social media posts called for a boycott of the company and other popular retail outlets over alleged donations. In a statement, a spokesman for Sephora told CBS News it was aware of “incorrect information circulating on social media,” and said Sephora “does not make corporate donations to political candidates. Sephora’s mission is

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November 13, 20240 Comments

Tencent Q3 2024 earnings

Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Chinese social media and gaming company Tencent on Wednesday reported better-than-expected profit in the third quarter, spurred by growth in games, advertising and cloud services. Tencent reported profit attributable to shareholders of 53.23 billion yuan ($7.37 billion) in the third

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November 13, 20240 Comments

Trump Confirms Musk to Lead D.O.G.E as Traders Target $1

“Together, these two wonderful Americans will pave the way for my administration to dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies — essential to the ‘save America’ movement,” Trump said in the announcement posted on his Truth Social account. Source link

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