Glowing hot air balloons. Good wine. Country tunes. It’s time again for the Temecula Valley Balloon & Wine Music Festival. The event, which started in 1983, returned starting Friday, June 20, to ...

Tencent Music shares are trading at 21 times forward earnings estimates, above their three-year average but well below Spotify’s nearly 60 times. NetEase Cloud Music is at 24 times.