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- Editor's pickYahoo Finance Video
Markets close lower, energy sector secures gains
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’s Sales Fall for First Time as China’s Economy Sinks
(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 SwayBill Gates and the Secret Push to Save Biden’s Climate BillGlazer Family Open to Selling a Stake in Manchester United FC, Source
- Bloomberg
Tencent’s Workforce Shrinks for First Time in Nearly a Decade
(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 SwayBill Gates and the Secret Push to Save Biden’s Climate BillMonkeypox Vaccine Maker Seeks Partners in Race to Meet DemandGlazer Family Op
