The S&P 500 hit a record high on Tuesday as belief in the U.S. economy helped investors shrug off concerns about travel disruptions and store closures caused by Omicron, following a four-day rally for stocks US in an environment of low trading volumes. As of 12:37 p.m. ET, the DowRead More →

What happened Actions of Tencent Musical Entertainment Group (NYSE: TME) rose to 11.3% in morning trading today, even in the absence of company-specific news. Tencent Music joined a wider range of Chinese stocks that got some relief after China’s central bank eased monetary conditions to boost growth on Tuesday. Moreover,Read More →

As a form of entertainment, music is timeless, but the music industry itself has been seriously disrupted over the past generation. Aspiring artists are now looking to build a following through social media platforms and streaming services, and the live music industry has continued to grow. Power and influence inRead More →

What happened Chinese music streaming service shares Tencent Music Entertainment Group (NYSE:TME) was caught in a landslide this morning, dropping as much as 21% in early trading, and still down around 19% as of 12:45 a.m. EDT. And yet the only apparent news on the wires today is an announcementRead More →