TECH NEWS
No China crisis as Tencent reports a positive Q1. But investors remain jittery on AI...
Chinese cloud and diversified technology company Tencent reported a positive Q1 2026 yesterday. The Shenzhen-based owner of WeChat and the China-only ‘everything app’ Weixin – which citizens use for chat, shopping, payments, entertainment, and more – reported nine percent year-on-year revenue growth to RMB196.5 billion ($28.9 billion), and gross profits