Q1 13F Tracking: Top Institutions Continued to Lean into Tech Darlings

Top institutions have successively disclosed their Q1 portfolios this week, and 13F filings reveal that this "smart money" continued to lean into tech darlings.

Moomoo News GlobalMay 16 04:31 ET

3G Capital Top Q1 Moves Include Exiting Alibaba, Taking Stakes in Li Auto, Coupang

Seeking AlphaMay 15 18:10 ET

Whale Rock Adds Salesforce, AppLovin, Exits AMD in Q1, Among Other Moves

Seeking AlphaMay 15 17:22 ET

Tiger Global Exits PDD Holdings, Boosts Alphabet, Amazon, Cuts JD.com

Seeking AlphaMay 15 16:34 ET

Tencent Conference Call: Advertising and Gaming Benefit from AI Deployment, Total Game Traffic Resumes Growth

Specifically, among Tencent's three main businesses, revenue from the value-added services business fell 0.9% year-on-year in the first quarter of 2024. Tencent said that with the implementation of various government economic stimulus measures, Tencent expects this trend to gradually reverse and the fintech business to resume growth. Moreover, Tencent has achieved initial results in monetizing SaaS products that have been provided free of charge for a long time. Tencent will continue to steadily advance the monetization process of SaaS services in the future. In the advertising business, Tencent continues to innovate advertising technology and uses AI to optimize advertising targeting to enhance its competitiveness and efficiency. In the game business, Tencent expects that with the advancement of technology, the mixed-element big model can be developed into multi-modal AI in the future, which can create high-quality video content and further help game production.

wallstreetcnMay 14 20:30 ET

Earnings Call Summary | Tencent(TCEHY.US) Q1 2024 Earnings Conference

The following is a summary of the Tencent Holdings (TCEHY) Q1 2024 Earnings Call Transcript:Financial Performance:Tencent reported Q1 2024 total revenue of RMB 160 billion, an increase of 6% year-on-y

moomoo AIMay 14 16:10 ET · Conference Call