Tencent Shares Surge as Chinese Tech Stocks Rally and UnitedHealth Declares Dividend
August 13, 2025 - 23:08
Tencent's stock is experiencing a significant rise following the company's impressive report of a 15% increase in quarterly revenue. This positive performance has had a ripple effect, boosting other Chinese tech stocks such as Alibaba, Baidu, and JD.com. Investors are responding favorably not only to Tencent's results but also to growing optimism surrounding potential interest rate cuts in the United States. Additionally, there are reports of increased scrutiny on Nvidia chips by Chinese authorities, which is contributing to the overall positive sentiment in the market.
In another notable development, UnitedHealth's stock is also on the rise after the company’s board announced the approval of a quarterly dividend of $2.21 per share. This decision reflects the company's strong financial health and commitment to returning value to its shareholders. As these developments unfold, the market continues to show dynamic movements, capturing the attention of investors and analysts alike.
MORE NEWS
February 20, 2026 - 23:00
WisDems: Updated: RPW breaks state law by failing to file campaign finance report, WisDems chair respondsMADISON, Wis. — An official ethics complaint has been filed against the Republican Party of Wisconsin (RPW) for an alleged clear violation of state campaign finance law. The complaint centers on...
February 20, 2026 - 00:21
CFPB releases college credit card reportFor the first time since 2017, the total number of college- and university-affiliated credit card issuers did not decrease, holding steady at 133 agreements nationwide. This plateau follows a...
February 19, 2026 - 04:17
Urgent superannuation warning for thousands as Aussie loses $165,000: 'I just clicked'A stark warning has been issued to superannuation holders across the nation following a series of devastating scams that have stripped millions from retirement nest eggs. In a particularly...
February 18, 2026 - 23:47
Nova Scotia's Finance Department says over-budget spending needed to act swiftlyThe Nova Scotia government is justifying its decision to repeatedly exceed budgeted spending amounts, stating the flexibility was crucial to address urgent provincial needs quickly. The Finance...