U.S. Stocks Movement | Tencent Music Continues to Rise Over 1% in Pre-Market Trading; Citi Expects Its Last Quarter's Results to Meet or Slightly Beat Expectations

Gelonghui, February 9 | Tencent Music (TME.US), which closed up 2.57% last Friday (February 6), continued to rise 1.29% during today’s pre-market trading in the U.S., reaching $16.55. According to a report by Citi, Tencent Music's Q4 2025 performance is expected to meet or slightly exceed expectations, driven primarily by stable subscription services and accelerating growth in non-subscription music revenue. Looking ahead to 2026, the bank highlighted key areas of focus, including competitive dynamics and potential threats from Douyin’s Soda Music, SVIP conversion rates, trends in average revenue per user, online advertising revenue, updates on concert-related income, and Ximalaya.

Gelonghui Finance17:09

Market sentiment towards AI applications and optical communication in Hong Kong stocks continues to improve, with broker reports highlighting a new path for AI-driven value restructuring.

Today, stocks related to AI applications and optical communication in the Hong Kong stock market have shown significant recovery. As of press time, Zhipu surged nearly 13%, while Yueba Group and Kingsoft Cloud rose nearly 7%. Pony AI-W gained nearly 6%, and XD Company increased by over 5%.

cls.cn10:36

Marathon Cuts $11.3 Million From Tencent Music Stake Even With Shares Up 37% in a Year

Yahoo FinanceFeb 7 02:08

Is Tencent Music Entertainment Group (TME) Pricing Misaligned After Recent Share Price Pullback?

Yahoo FinanceFeb 5 12:36

Express News | Hong Kong-listed star technology stocks have declined for several consecutive days, with Bilibili (09626.HK), Tencent Music (01698.HK), and Kuaishou (01024.HK) all falling by more than 2%. Other stocks, including Alibaba (09988.HK), Tencent (00700.HK), BO

BreakingsFeb 5 10:39

AI Chatbot Market Share Battle in the United States: ChatGPT's share drops from 69.1% to 45.3%, Gemini's rises from 14.7% to 25.1%, and Grok's increases from 1.6% to 15.2%.

Data shows that in the past year, despite ChatGPT's absolute user base still growing by 50%, Gemini's growth rate reached 647%. The market exhibits three major trends: competition shifting from a single dominant player to a contest among multiple strong contenders; 20% of users utilizing multiple applications; and products like Claude achieving differentiated competition through user stickiness, with average daily usage duration increasing from 10 minutes to over 30 minutes.

wallstreetcnFeb 4 13:53