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Shares of Nvidia slipped 0.2%.Intel rose 1.3% after Elon Musk downplayed rival semiconductor manufacturer Taiwan Semiconductor Manufacturing Co.'s role in his Terafab chip venture. TSMC stock dropped 1.5%.Constellation Brands dropped 4.9% after the brewer beat analysts' second-quarter earnings target but signaled weak underlying demand for two of its flagship brands -- Modelo Especial and Corona Extra.FICO slipped 0.1% after the credit-score provider said it would cut 15% of its staff and integrate \"AI-driven product development.\"Data-center operator Applied Digital and clothing company Levi Strauss are set to report earnings after Wednesday's closing 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Tencent's multilayer AI portfolio has delivered measurable gains in model capabilities and user adoption. However, the company's pre-payments for GPUs and components to support its AI initiatives will remain a near-term cost drag, they say.Macquarie expects slower games growth and tepid advertising and payment revenue in 3Q amid softer macro conditions. The bank maintains a neutral rating on Tencent and trims its target price to 435.00 Hong Kong dollars from HK$440.00. 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Intel Challenge TSMC? 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3Q Earnings Could Miss Market Consensus","url":"https://stock-news.laohu8.com/highlight/detail?id=2673067836","media":"Dow Jones","labels":["preview"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2673067836?lang=en_us&edition=fundamental","pubTime":"2026-10-07 11:33","pubTimestamp":1791343980,"startTime":"0","endTime":"0","summary":"0333 GMT - Tencent's 3Q earnings could miss market consensus due to higher artificial-intelligence-related expenditure, Citi analysts say in a research note. Citi expects Tencent's 3Q revenue to rise 8.3% to 208.9 billion yuan and adjusted net profit to fall 9.2% to 64 billion yuan, both lower than consensus estimates. While growth likely remained resilient at its core business segments, continuing macro headwinds are expected to weigh on online advertising and fintech revenue, alongside a high base effect for games, they say. However, its cloud revenue growth could further accelerate, driven by enterprise demand and initial contributions from WorkBuddy, they note. Citi maintains its buy rating on Tencent but cuts its target price to 755.00 Hong Kong dollars from HK$765.00. Shares are last at HK$421.20.","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"preview","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FFEM","BIDD","JADE","LDEM","TCEHY","EMC","BKF","KWEB","EEMX","CXSE","AAXJ","FDNI","GAMR","JEMA","XSOE","TCHI","SOCL","ODDS","ESPO","00700","EMCS"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1157555873","title":"AI Infrastructure Boom Drives Major Overseas Expansion: TSMC Bets $265 Billion on the U.S., Leading Taiwanese Firms in Cross-Pacific Capacity Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1157555873","media":"Stock 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