China Tech Earnings Put AI vs. Internet-Stock Rotation to the Test

1. 1Rotation into China's large-cap tech companies is put to the test ahead of this week's earnings releases.
2. 2Tencent and JD.com report results on Wednesday and Thursday, respectively, with JD expected to post Q2 non-GAAP net income of 8.7 billion yuan, up 18%.
3. 3Since the AI rally faded in late June, funds have shifted into internet and consumer stocks, and the question now is whether leadership stays with the platforms or returns to semiconductors.

Source Bloomberg · View original ↗

Today's 5 AI picks, all free

Nothing hidden: past picks and how they did against the S&P 500.

See today's picks →