BOJ Holds Interest Rates Steady Amid Middle East Uncertainty 
Judge Dismisses Sam Altman Sexual Abuse Lawsuit, But Sister Can Refile 
Foxconn Shares Slip After Q4 Profit Miss Despite Record Revenue and Strong AI Outlook 
Hua Hong Group's 7nm Breakthrough Signals China's Growing Chip Independence 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
Qatar's Economy Under Pressure: How Regional Conflict Could Reshape Global Investment in 2026 
Elon Musk Confirms SpaceX, xAI, and Tesla Will Continue Large-Scale Nvidia Chip Orders 
Super Micro Computer Shares Plunge After Co-Founder Charged in AI Chip Smuggling Case 
xAI Faces Federal Lawsuit Over Grok AI-Generated Child Sexual Abuse Material 
OpenAI's Desktop Superapp: Unifying ChatGPT, Codex, and Browser Tools for Enterprise AI 
Zhipu AI Launches GLM-5-Turbo Model to Power Next-Gen AI Agent Workflows 
Japan's Parliament Backs Dovish BOJ Board Members, Raising Questions on Rate Hike Path 
Gold Prices Extend Losing Streak, On Track for Worst Weekly Loss Since 1983 
Dollar Weakens as Middle East War Reshapes Global Rate Expectations 
Nvidia's Jensen Huang Forecasts $1 Trillion in AI Chip Demand Through 2027 
FEMSA Cuts Jobs at Spin Fintech Unit, Refocuses Strategy on Oxxo Stores 
Meta Eyes Massive Layoffs to Fund AI Ambitions 
Tencent Holdings Ltd delivered a striking 47% profit leap in Q3, reaching 53.23 billion yuan, with major boosts from gaming, AI tools, and high-demand ad services. Revenue rose to 167.19 billion yuan but fell slightly short of analyst expectations.
Gaming and Advertising Drive Tencent’s Impressive Q3 Profit Growth
The gaming, advertising, and cloud businesses contributed to Tencent Holdings Ltd's stronger-than-expected profit increase for the third quarter.
According to Reuters, shareholder profit jumped 47% year-on-year to 53.23 billion yuan ($7.37 billion), much above the 46.18 billion yuan forecasted by LSEG. Despite this, sales increased 8% to 167.19 billion yuan, which was just short of the 167.82 billion yuan predicted by analysts.
With a 14% year-over-year increase to 37.3 billion yuan, Tencent's gaming division remained a significant source of revenue. As Tencent emphasized the "evergreen potential" of both new and old titles, revenue from overseas games increased by 11% to 14.5 billion yuan in constant currency.
Marketing Services Surge Outside of Gaming
One of the fastest-growing segments outside of gaming, marketing services (previously known as internet advertising) experienced a noteworthy 17% increase to 29.99 billion yuan. Weixin in China and WeChat internationally are Tencent's messaging apps; the company said this was due to "robust advertiser demand" for the app's mini-programs, search capabilities, and short video content.
The gaming and social media behemoth announced 1.38 billion Weixin/WeChat MAUs for the quarter, up 3% year-over-year, Investing.com shares.
AI Tools Show Tangible Impact Across Tencent’s Platforms
As a sign of the industry-wide trend toward the emerging technology, Tencent also brought attention to the results of its own AI tools.
According to the company's earnings report, "we are increasingly seeing tangible benefits of deploying AI across our products and operations including marketing services and cloud, and will continue investing in AI technology, tools and solutions that assist users and partners."
The company announced that its WeChat app's search feature saw an increase in commercial queries and click-through rates, thanks to the capabilities of its large language model (LLM).
