Tencent (NASDAQOTH:TCEHY) is considered one of the safest and most well-diversified plays on China’s booming tech sector. It owns WeChat, the top mobile messaging app in China with over a billion monthly active users (MAUs); its gaming portfolio makes it the biggest video game publisher in the world; and it owns an expanding ecosystem of cloud and payment services.
You don’t come to manage an estimated $24 billion in other investors’ money without establishing one of the best track records in the entire hedge-fund industry. That’s exactly what famed hedge fund Viking Global Investors has done, outperforming traditional stock indices by several hundred percent since the turn of the millennium.
Though retail investors most likely can’t....More>>>
No one likes paying any kind of taxes, so you might think that in any ranking of the most hated tax Americans have to pay, every tax you have to pay would all tie for first. That said, we’re in the middle of income tax season, and there’s been plenty of political and tax policy discussion about the negative impacts of the estate tax, which many call the death tax. Yet neither the income....More>>>
Citigroup’s Alastair Syme and team argue that the earnings from big oil companies like Chevron (CVX), Total (TOT) and Royal Dutch Shell (RDS.A) will be bad…real bad. But that won’t stop the stocks from outperforming. They explain why:
Negative headlines, positive performance: We expect the majority of Big Oil companies to post negative 1Q16 earnings,....More>>>
A recent survey from Accenture showed that 26% U.S. consumers have had their personal medical information stolen from technology systems, and half of those who experienced a breach were victims of medical identity theft. On average, those victims had to pay around $2,500 in out-of-pocket costs per incident.
The breaches were most likely to occur in hospitals (36%), followed by urgent-care....More>>>
With viewership rapidly expanding into the hundreds of millions, eSports enjoyed some time in the spotlight at CES 2017 last week. Supernova analyst David Kretzmann was at the trade show in Las Vegas, and he spent some time getting the latest news for this growing industry from the VP and General Manager for eSports at Turner Sports.
Tune in to learn about how the media companies are approaching....More>>>
The whole point of all the gizmos, gadgets and freebies doled out by Amazon.com Inc. (NASDAQ: AMZN) is to make it so easy for consumers to buy from Amazon that shopping anywhere else becomes a big pain in the neck. The latest example is the company’s roll-out Tuesday of a new feature tied to its Alexa voice-command program: ordering an item from Prime Now, the company’s two-hour free....More>>>
There have been some macroeconomic signs that America's housing boom is starting to show signs of fatigue, but those figures haven't really shown up in the earnings reports of most homebuilders. The one exception is Beazer Homes USA (NYSE:BZH). While most companies are still showing strong home
ConocoPhillips is going all out to recover $2 billion it was awarded in arbitration from Venezuela. First it froze the assets of Venezuela’s state-run oil giant, Petroleos de Venezuela SA, at Caribbean harbors that serve as key waystations for much of Venezuela’s crude exports. Now
SAN FRANCISCO Democrats on the House Intelligence Committee released thousands of Russian Facebook ads on Thursday, offering the public its firstin-depth look at the troubling messages used to heighten tensionsamong Americans during and after the 2016 U.S. presidential election.