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Market sources say the Ukrainian Air Force MiG-29 fighter jet that crashed in the Odessa region of Ukraine was shot down by friendly fire.
2026-08-12
Market sources say the Ukrainian Air Force MiG-29 fighter jet that crashed in the Odessa region of Ukraine was shot down by friendly fire.
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2026-08-12
Morgan Stanley cut its price target on Tencent Music (TME.N) to $10.1 from $10.5 and maintained a market-weight rating. The bank said synergies from the Himalaya acquisition are uncertain and could be a swing factor amid a prolonged competitive and e
Morgan Stanley cut its price target on Tencent Music (TME.N) to $10.1 from $10.5 and maintained a market-weight rating. The bank said synergies from the Himalaya acquisition are uncertain and could be a swing factor amid a prolonged competitive and earnings downgrade cycle. Accelerated share buybacks offer partial downside support but clearer visibility on competition is required. Morgan Stanley trimmed Tencent Music 2026–2028 EPS forecasts by 3–7% to reflect weaker subscription revenue. At current levels the stock trades at roughly 10x 2027E P/E and 6.6x ex-cash P/E; any valuation rerating depends on an improvement in the competitive landscape.
2026-08-12
Foxconn expects Q3 computing-products revenue to rise sharply YoY.
Foxconn expects Q3 computing-products revenue to rise sharply YoY.
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