TENCENT MISSES Q1 REVENUE TARGET AMID AI COSTS
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
Tencent reported Q1 revenue of $28.9 billion, up 9% year-over-year but falling short of the $29.4 billion estimate. Net income hit $8.5 billion, meeting expectations, as the Chinese tech giant invests heavily in artificial intelligence.
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