PBOC Scraps FX Risk Reserves to Curb Rapid Yuan Appreciation 
Samsung and SK Hynix Shares Hit Record Highs as Nvidia Earnings Boost AI Chip Demand 
Germany and China Reaffirm Open Trade and Strategic Partnership in Landmark Beijing Visit 
Dominican Republic Unveils Massive Rare Earth Deposits to Boost High-Tech and Energy Sectors 
Synopsys Q2 Revenue Forecast Misses Expectations Amid China Export Curbs and AI Shift 
Snowflake Forecasts Strong Fiscal 2027 Revenue Growth as Enterprise AI Demand Surges 
OpenAI Pentagon AI Contract Adds Safeguards Amid Anthropic Dispute 
Middle East Airspace Shutdown Disrupts Global Flights After U.S.-Israel Strikes on Iran 
Netflix Stock Jumps 14% After Exiting Warner Bros Deal as Paramount Seals $110 Billion Acquisition 
Amazon’s $50B OpenAI Investment Tied to AGI Milestone and IPO Plans 
Coupang Reports Q4 Loss After Data Breach, Revenue Misses Estimates 
Gold Prices Rebound as U.S. Tariffs, Fed Policy and Iran Talks Drive Market Sentiment 
Strait of Hormuz LNG Crisis Triggers Global Energy Market Shock 
DeepSeek AI Model Trained on Nvidia Blackwell Chip Sparks U.S. Export Control Concerns 
Trump Touts Stock Market Gains and 401(k) Boost Amid Tariff Uncertainty 
USITC to Review Impact of Revoking China’s PNTR Status, Potentially Raising Tariffs on Chinese Imports 
Meta Signs Multi-Billion Dollar AI Chip Deal With Google to Power Next-Gen AI Models 
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).
