Tesla Execs Are Freaking Out

You might not believe what you're about to see is real, but I assure you the video has been left unedited. It's so revolutionary that tech giants like Microsoft, Amazon, and NVIDIA are all lining up to get their hands on it. And Elon Musk has completely restructured Tesla to chase this opportunity.

TME
Tencent Music Entertainment Group
NYSE
10.43
Open 11.92 Prev Close 11.64
High 11.92 Low 11.55
Volume 4,856,285 Volume (Avg) 9,844,783
52 Week High 29.01 52 Week Low 9.22
Market Cap 47.8B PE Ratio 11.54

About Tencent Music Entertainment Group

Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Live and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance. In addition, it sells music-related merchandise, including Kugou M1 headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with CoMix Wave Films. The company was formerly known as China Music Corporation. The company was incorporated in 2012 and is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

General

NameTencent Music Entertainment Group
TickerTME
ExchangeNYSE
SectorCommunication Services
IndustryInternet Content & Information
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees3,610

Highlights

Analyst Target23.90
Market Cap47,843,155,968
PE Ratio11.54
PEG Ratio2.79

Share Stats

Shares Outstanding1,677,529,984
Shares Float449,426,017
Shares Short74,003,252
Insider Holdings967%
Institution Holdings73.88%

Highlights

Analyst Target23.90
Market Cap47,843,155,968
PE Ratio11.54
PEG Ratio2.79

Valuation

Trailing PE88.02
Forward PE44.64
Price/Sales (Trailing 12 Mt.)9.93
Price/Book (Most Recent Quarter)5.65

Dividend

Tencent Music Entertainment Group pays out a dividend of $ per share, with a dividend yield of 1.31%.

TME's last dividend payment was made to shareholders on November 30, -0001.

They pay out 0.00% of their earnings out as a dividend.

Recent Dividends

Jun 27, 2024$0.14
Most Popular

Jim Cramer Hand Picks These 3 Stocks To Ride The Crest Of The Chinese Stimulus Frenzy

China has gone out in full throttle to stimulate its economy and analysts are mostly upbeat about its ramifications.

Trump Vs. Harris: 2024 Election Polls, Sportsbooks Betting Odds Show Different Winners For 2024 Election

The head-to-head matchup between Vice President Kamala Harris and Donald Trump remains close in election polls and betting odds with less than one month until the 2024 election day.

New "Living Missile" to Replace Nuclear Missiles - Ad

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

Microsoft settles video gamers' lawsuit over Activision takeover

SAN FRANCISCO (AP) — Microsoft Corp. has settled a lawsuit from a who sued to try to stop the company from buying video game publisher last year.

Arkansas Supreme Court upholds wording of ballot measure that would revoke planned casino's license

LITTLE ROCK, Ark. (AP) — The Arkansas Supreme Court on Thursday upheld the wording of that would revoke a planned casino's license, rejecting an effort to disqualify a proposal that has led to millions of dollars in campaign ads and mailers.

2024 -- The Real Election Year Surprise - Ad

In 2016, the October Election Surprise was Hillary Clinton's email scandal... In 2020, the October Election Surprise was the suppression of all the dirty material on Hunter Biden's "forgotten" laptop... Now, in 2024, we're forecasting an October Election Surprise that almost no one sees coming -- and this time it'll be way more devastating than anything you've seen before.

Hedge fund Elliott calls for Southwest shareholders to meet and vote on its slate of directors

The second largest shareholder of on Monday called for special meeting of shareholders to vote on its slate of eight new directors, which would represent a majority of the struggling airline's board.

10X More Profitable Than Physical Gold? - Ad

There's a backdoor gold play that could deliver 10 TIMES bigger gains than physical gold. In fact, this single investment has outperformed gold by 10-to-1 over the past 25 years... and FAR outperformed most gold stocks

Investigation finds widespread discrimination against Section 8 tenants in California

LOS ANGELES (AP) — California tenants who held Section 8 housing vouchers were refused rental contracts by more than 200 landlords, including major real estate firms, according to an undercover investigation that found widespread discrimination in the state.

Synchrony Financial Q3 Earnings: 29% Profit Growth, Raised FY24 Forecast & More

Synchrony Financial reported strong Q3 results, with net interest income of $4.609 billion and net revenue of $3.814 billion. EPS exceeded expectations and outlook was raised to $8.45-$8.55.

Man Who Picked 27 "Ten-Baggers" Now Makes Shocking New Prediction... - Ad

Across his storied career, Matt McCall has picked 27 stocks that have skyrocketed over 1,000%. Now, his next pick could blow every one of those out of the water. Because Matt's next prediction is all about the convergence of the two biggest tech trends we've ever seen. As these tech trends collide, $24 trillion hangs in the balance.

US fines Lufthansa $4 million for treatment of Orthodox Jewish passengers on a 2022 flight

WASHINGTON (AP) — The United States fined German airline Lufthansa $4 million for its treatment of a group of Jewish passengers who were denied boarding a 2022 flight in Frankfurt after they had flown to Germany from New York.

UK leader Starmer is on a 1-day visit to EU headquarters hoping to heal ties battered by Brexit

BRUSSELS (AP) — British Prime Minister Keir Starmer traveled to Brussels on Wednesday on a mission to try to , which disintegrated as the country left the world’s biggest trading bloc four years ago.

US Oil Set to Surge on Middle East Tension... Are You Ready? - Ad

With the Middle East facing yet another conflict, now is the time to get in. That's why today I want to show you the best way to profit from oil in 2024. It's NOT a stock, future or bond... Rather, it's an unusual investment that could hand you huge monthly income from the oil and gas markets.

Mark Cuban's Take on Harris' Tax Policies, Trump Takes Lead In Pennsylvania Poll, DeSantis Refutes Vice President's Accusations And More: Weekend Politics Roundup

The political landscape was buzzing over the week with significant developments. From a surprising poll result in Pennsylvania to billionaire Mark Cuban's critique of Vice President Kamala Harris and Elon Musk, the weekend was filled with intriguing stories. Here's a quick roundup of the top stories from the weekend.

Profiles in clean energy: Former Shell VP helps create a new way of making clean electricity

When Cindy Taff was a vice president at the giant oil and gas company Shell in Houston, her middle schooler Brianna would sometimes look over her shoulder as she worked from home.

Single Stock Blueprint Available Now - Ad

Market Wizard Larry Benedict is one of the most successful traders you'll ever meet...But he doesn't make money the traditional way. In short: It's a way to trade just one stock...And potentially make all the money you need to fast-track your retirement -- no matter what happens in the stock market.

North Carolina town that produces quartz needed for tech products is devastated by Helene

SPRUCE PINE, N.C. (AP) — Two North Carolina facilities that manufacture the high-purity quartz used for making semiconductors, solar panels and fiber-optic cables have been shut down by with no reopening date in sight.

New Token Poised for Breakout as "Defi 2.0" Takes Off - Ad

Revealed: The #1 DeFi Coin Driving Financial Revolution. Experts hail this as the cornerstone of the new decentralized finance era. While Bitcoin dominates headlines, this governance token is quietly reshaping lending markets. Experts suggest accumulating before institutional money flows in.

AT&T exits showbiz, sells remaining stake in DirecTV to private equity firm TPG for $7.6 billion

AT&T is selling its majority stake in DirecTV to private equity firm TPG Partners for $7.6 billion, ending the communication giant's remaining ties to the entertainment industry.

UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut

LONDON (AP) — Inflation in the U.K. has fallen to its lowest level for more than three years, official figures showed Wednesday, a drop that has cemented market expectations that the Bank of England will lower interest rates at its next policy meeting.

Don't Tell ANYONE About This Altcoin (Until It Pops)... - Ad

Quiet now! This governance token could be the sleeping giant of the crypto world... In the next bull market, this "DeFi 2.0" powerhouse might soar 10x... 50x... perhaps even 100x.

SpaceX launches rescue mission for 2 NASA astronauts who are stuck in space until next year

CAPE CANAVERAL, Fla. (AP) — SpaceX for the two stuck astronauts at the International Space Station on Saturday, sending up a downsized crew to bring them home but not until next year.

Elon Musk: This Will Be Bigger Than Tesla - Ad

I'm talking about Elon Musk's Optimus robots. These robots will make it cheaper to manufacture goods here in America than China, and I predict soon, AI technology will open a "wealth window" that could be the biggest wealth-building opportunity of your lifetime.

ESMA Pushes For Stronger Crypto Regulations Under MiCA Framework

ESMA calls for changes to MiCA regulation to enhance regulatory oversight in EU's crypto market, highlighting need for tighter standards and cybersecurity checks for service providers.

Meet The Companies That Could Be Behind Apple's "AiPhone" - Ad

"According to my research, these three tiny companies may be working behind the scenes to produce Apple's first ever AI-powered iPhone..." -- Luke Lango, Silicon Valley Insider

These Stocks Could Surge Despite the Current Downturn - Ad

The market may be down... But when Apple makes this announcement as soon as September 10... These three stocks could start to take off.

Samsung Warns Of Q3 Profit Drop Amid Shipment Delays Of AI Chip Approved By Nvidia

Samsung Electronics has issued a warning, predicting a significant drop in third-quarter profits, due to various factors including one-time costs and a surge in supply from Chinese rivals.

US filings for jobless applications retreat back to recent ranges after big jump due to hurricanes

The number of Americans filing for unemployment benefits last week came back down to more recent ranges after a big jump the week before due to recent hurricanes in the Southeast.

America Can't Afford a Harris Presidency - Ad

New research from Jim Rickards - former advisor to the CIA - reveals shocking predictions about an "Election Meltdown" coming this November. Jim's showing all American patriots why an "Election Meltdown" could crash stocks by 50%, lead to the final demise of the dollar, even cause violent riots in the streets.

Voters in Northern California county to vote on whether to allow large-scale farms

PETALUMA, Calif. (AP) — In a stretch of Northern California known for scenic shorelines and celebrated vineyards, hundreds of brown-bodied hens waddle around a large barn at Weber Family Farms.

Apple's 3nm Push Boosts Taiwan Semi's Q3, AI Revenue Set To Triple: Analyst

Taiwan Semiconductor's stock surged after strong quarterly results, with revenue up 39% and gross margin at 57.8%. Apple and AI demand drive growth.

Financial Nightmare Coming After Election - Ad

In 2018, one independent research predicted Kamala Harris was on her way to becoming the president of the United States. "Frankly, she scares us to death... and she should scare you," they wrote. Which is why you need to check out their newest Kamala prediction immediately.

Most Recent

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright technicaltrading.org
Privacy Policy | Terms of Service