Yahoo Finance's Jared Blikre breaks down the market losses heading into the closing bell, also looking at the energy sector, ARK ETF components, Chinese stocks, and semiconductors.
(Bloomberg) -- Tencent Holdings Ltd. logged its first-ever revenue decline after online advertising sales fell by a record, underscoring the extent to which China’s worsening economy is hurting its biggest corporations.Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesLiz Cheney Prepares for Next Act in GOP Where Trump Holds SwayMonkeypox Vaccine Maker Seeks Partners in Race to Meet DemandBill Gates and the Secret Push to Save Biden’s Climate BillGlazer F
(Bloomberg) -- Tencent Holdings Ltd. reported its first quarterly drop in workforce in almost a decade, as the layoffs rippling through the global tech sector finally engulf China’s biggest social media player. Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesLiz Cheney Prepares for Next Act in GOP Where Trump Holds SwayMonkeypox Vaccine Maker Seeks Partners in Race to Meet DemandBill Gates and the Secret Push to Save Biden’s Climate BillGlazer Family Op