Tencent Music Stock Price Near $10 After Guidance Miss Sparks Fresh Wall Street Cuts

Tencent Music Entertainment Group’s U.S. shares edged up 0.8% to $10.38 late Thursday morning in New York, clawing back just a fraction after this week’s tumble. Even with that move, the stock remained well under Tuesday’s bruising $11.37 close, when it plunged 24.65%.

19 March 2026

NASDAQ:TME · Stock Market · Technology

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#1

Consumer Confidence • 10:00 ET

A large surprise can reset expectations for household spending and near-term growth, with read-through to Treasuries, USD and cyclical stocks.

#2

New Home Sales • 10:00 ET

Housing remains highly rate-sensitive; the print can move homebuilders, mortgage-sensitive names and the long end of the Treasury curve.

#3

Intuit earnings • After close

Guidance can influence software multiples and sentiment around U.S. small-business activity.

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