Hong Kong and U.S. Stocks
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The U.S. ISM Manufacturing PMI for December was 47.9, compared with an expected 48.3 and a previous reading of 48.2.
The U.S. ISM Manufacturing PMI for December was 47.9, compared with an expected 48.3 and a previous reading of 48.2.
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Goldman Sachs (GS.N) shares hit an all-time high and are currently up 4%.
Goldman Sachs (GS.N) shares hit a record high and are currently up 4%.
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The head of public affairs for Novo Nordisk (NVO.N) in the U.S. has resigned.
The head of public affairs for Novo Nordisk (NVO.N) in the U.S. has resigned.
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U.S. nuclear power stocks are performing strongly, with NuScale Power surging nearly 15%, Oklo rising nearly 11%, Emerson Electric gaining nearly 5%, and Centrus Energy climbing nearly 4%.
U.S. nuclear power stocks are performing strongly, with NuScale Power surging nearly 15%, Oklo rising nearly 11%, Emerson Electric gaining nearly 5%, and Centrus Energy climbing nearly 4%.
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Mexico's main stock index rose more than 1% after falling for four consecutive trading days.
Mexico's main stock index rose more than 1% after falling for four consecutive trading days.
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U.S. Secretary of Defense Hegesseth: The Department of Defense is taking administrative action against Senator Kelly.
U.S. Secretary of Defense Hegeseth: The Department of Defense is taking administrative action against Senator Kelly.
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A Venezuelan opposition politician took to X to thank U.S. President Donald Trump. She stated that Venezuela would be an ally of the United States in the areas of security and energy.
A Venezuelan opposition politician took to X to thank U.S. President Donald Trump. She stated that Venezuela would be an ally of the United States in the areas of security and energy.
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U.S. Secretary of Defense Hegeseth has sent a letter of condemnation to Senator Mark Kelly.
U.S. Secretary of Defense Hegeseth has sent a letter of censure to Senator Mark Kelly.
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3 million barrels per day by 2030? The pace of political transition and incentives for U.S. companies are key variables for Venezuela
Analysts at Raymond James noted that Venezuela’s oil production is subject to several “uncertainties,” particularly the pace of government transition and the speed and willingness of multinational oil
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The Dow Jones Industrial Average hit an all-time high during intraday trading and is currently up nearly 1.2%. The S&P 500 Aerospace & Defense sub-index hit an all-time high and is currently up 2%.
The Dow Jones Industrial Average hit an all-time high during intraday trading and is currently up nearly 1.2%. The S&P 500 Aerospace & Defense sub-index hit an all-time high and is currently up 2%.
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The three major U.S. stock indices opened higher, with the Dow Jones Industrial Average rising more than 1% to hit a new record high, while the Nasdaq Composite and the S&P 500 each gained about 0.7%. The rally in chip stocks continued, with ASML rising nearly 5%, and Marvell Technology and Applied Materials both gaining more than 3%. AMD, Qualcomm, Intel, and TSMC all rose nearly 2%.
The three major U.S. stock indices opened higher, with the Dow Jones Industrial Average rising more than 1% to hit a new record high, while the Nasdaq Composite and the S&P 500 each gained about 0.7%.
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Wells Fargo Hires Veteran to Lead Credit Business, Aiming to Drive Core Growth in the Trading Division
Wells Fargo has hired industry veteran Danny McCarthy to lead the credit division within its capital markets business. The division is one of the largest sources of revenue for Wells Fargo’s trading o
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The energy sector on the Toronto Stock Exchange fell more than 4%, hitting a two-week low.
The energy sector on the Toronto Stock Exchange fell more than 4%, hitting a two-week low.
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Mexican President Sheinbaum: Donald Trump previously suggested that U.S. troops might enter Mexico, but we have made it clear that we oppose this.
Mexican President Sheinbaum: Donald Trump previously suggested that U.S. troops might enter Mexico, but we have made it clear that we oppose this.
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Mexican President Sheinbaum: I don’t think a U.S. invasion of Mexico is something they’re seriously considering.
Mexican President Sheinbaum: I don’t think a U.S. invasion of Mexico is something they’re seriously considering.
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The Dow Jones Industrial Average quickly extended its gains to 1%, while the S&P 500 is now up 0.52% and the Nasdaq Composite's gains have narrowed to 0.48%.
The Dow Jones Industrial Average quickly extended its gains to 1%, while the S&P 500 is now up 0.52% and the Nasdaq Composite's gains have narrowed to 0.48%.
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Bank of Israel Governor: The future path of interest rates will remain gradual and cautious.
Bank of Israel Governor: The future path of interest rates will remain gradual and cautious.
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The S&P 500 Energy sector hit its highest level in over a year, rising 2.4% in the latest trading session.
The S&P 500 Energy sector hit its highest level in over a year, rising 2.4% in the latest trading session.
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Shipping Costs and Production Volume Form a "Moat"; Venezuela's Oil Is Unlikely to Displace Canada in the Near Term
Although Venezuelan oil is unlikely to replace Canadian crude in the short term, this threat underscores the importance of trade diversification for Canada. Charles St-Arnaud of Servus Credit Union no
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Bank of Israel Governor: The central bank’s updated macroeconomic forecasts are based on the following assumptions: that the ceasefire with Hamas will hold, and that the number of people called up for military reserve duty will continue to decline.
Bank of Israel Governor: The central bank’s updated macroeconomic forecasts are based on the following assumptions: that the ceasefire with Hamas will hold, and that the number of people called up for
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Mexico Issues Another Dollar-Denominated Bond to Boost Oil Giant Pemex
Mexico plans to issue dollar-denominated bonds, continuing last year’s borrowing spree; last year, the country became the largest borrower among emerging markets. According to a preliminary prospectus
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White House officials: Witkov and Kushner will represent the United States at the Ukraine talks in Paris on Tuesday.
White House officials: Witkov and Kushner will represent the United States at the Ukraine talks in Paris on Tuesday.
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Bitcoin Short-term gains: U.S. crypto-related stocks are broadly higher, with CleanSpark up over 7%, Coinbase. up over 5%, and Strategy and BMNR up over 4%. Spot silver is up over 5%, driving gains in silver-related stocks, with Endeavour Silver up over 4% and First Majestic Silver up over 3%.
Bitcoin Short-term gains: U.S. crypto-related stocks are broadly higher, with CleanSpark up over 7%, Coinbase. up over 5%, and Strategy and BMNR up over 4%. Spot silver is up over 5%, driving gains in
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Mavell Technology (MRVL.O) rose 4.5% after a research firm upgraded its rating on the company.
Maverick Technologies (MRVL.O) rose 4.5% after a research firm upgraded its rating on the company.
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CATL, China's battery giant, saw its stock price fall 10% over two days, marking its largest drop in nearly a year, as investors grew concerned about its Q3 outlook and rumors of production cuts.
CATL, China's battery giant, saw its stock price fall 10% over two days, marking its largest drop in nearly a year, as investors grew concerned about its Q3 outlook and rumors of production cuts.
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Alluvium Asset Management: Alibaba's (BABA) Short-Term Capex Drag Creates a 30% Valuation Discount
Alluvium Asset Management stated in its Q2 2026 investor letter that Alibaba's free cash flow turned negative due to capital expenditures, but its maintainable earnings yield has increased to 7.7%, tr
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Authentic Brands Group, a licensor of brands like Elvis Presley and Reebok, is eyeing a public offering as early as the first half of next year
Authentic Brands Group, a licensor of brands like Elvis Presley and Reebok, is eyeing a public offering as early as the first half of next year
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China and Hong Kong stock traders hold low expectations for substantial results from the upcoming Xi-Trump meeting, placing the event on the back burner.
China and Hong Kong stock traders hold low expectations for substantial results from the upcoming Xi-Trump meeting, placing the event on the back burner.
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The Hang Seng Index is down 1.52% today, currently at 24,574.49.
The Hang Seng Index is down 1.52% today, currently at 24,574.49.
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Asian Stocks Mixed as Middle East Crisis Escalates: Hang Seng Falls 42 Points, KOSPI Jumps 1.4%
Hong Kong's Hang Seng Index fell 42 points to close at 25,274, with the Hang Seng China Enterprises Index dipping 0.34% and the Hang Seng Tech Index falling 0.76%. Mainland stocks gained, with the Sha
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LVMH sheds boom-time gains as luxury 'feelgood factor' fades, with investors doubting recovery
LVMH sheds boom-time gains as luxury 'feelgood factor' fades, with investors doubting recovery
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The Hang Seng Index rose 1.6% intraday, now at 25,616.24.
The Hang Seng Index rose 1.6% intraday, now at 25,616.24.
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Shore Capital Reiterates 'Sell' Rating on HSBC, Sees 13% Downside to 1,335p Target
Broker Shore Capital reiterated its 'sell' recommendation on HSBC Holdings PLC (LSE:HSBA, NYSE:HSBC), warning that the shares' "punchy valuation" more than reflects the bank's confident outlook. Analy
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NIO's vehicle gross margin remained at 18.5% in Q2, and non-GAAP operating profit has been positive for three consecutive quarters.
NIO announced on its Q2 2026 earnings call that its vehicle gross margin remained at 18.5% in the second quarter, despite continuous increases in raw material and chip costs. Non-GAAP operating profit
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First Eagle Global Fund stated in its Q2 2026 investor letter that ExxonMobil (XOM) performed better than expected due to increased production in Guyana and the Permian Basin, despite falling crude oil prices and business disruptions in the Middle East.
The fund continues to view ExxonMobil as a high-quality operator with strong capital discipline, an attractive portfolio of durable assets, and a commitment to shareholder returns. As of August 31, Ex
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Alibaba is down 4.02% intraday, now trading at $114.120.
Alibaba is down 4.02% intraday, now trading at $114.120.
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Sungrow Power Supply Co., Ltd. shares fell 8.4% after its first-half profit plunged by nearly one-third.
Shares of Sungrow Power Supply Co., one of the world's largest renewable energy equipment manufacturers, fell 8.4% in Shenzhen on Monday, reaching a new low in over a year. This brings the company's q
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UP Fintech, the parent company of Tiger Brokers, reported a 31.4% year-over-year increase in second-quarter revenue, reaching a record $182.3 million, as overseas expansion offset the impact of regulatory changes in mainland China.
UP Fintech Holding (parent company of Tiger Brokers) announced on Wednesday that its second-quarter revenue increased by 31.4% year-over-year to a record $182.3 million. However, net income attributab
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Neways' H1 revenue increased by 100.34% year-on-year to RMB 20.91 billion, and net profit increased by 90.98% to RMB 7.529 billion, but its stock price fell by over 2% the next day.
Xinyisheng released its semi-annual report for 2026 on the evening of August 24. The report showed that the company's operating revenue in the first half of the year reached RMB 20.91 billion, a year-
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The day after Alibaba announced an HKD 80 billion placement fully dedicated to AI, Joe Tsai and Eddie Wu collectively increased their stock holdings by HKD 120 million.
Alibaba Group Chairman Joe Tsai and CEO Eddie Wu, on the day after the company announced a new share placement plan of HKD 80 billion, collectively increased their personal holdings of Alibaba shares
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The Hang Seng Index fell 1.51% during the day, now at 25,616.88.
The Hang Seng Index fell 1.51% during the day, now at 25,616.88.
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Alibaba fell 4.72% today, now trading at $122.820
Alibaba fell 4.72% today, now trading at $122.820
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POET Technologies (POET) receives an initial $50M Lumilens purchase order with $500M+ framework potential, leading 24/7 Wall St. to set a $21.14 BUY target, implying 124.89% upside.
The AI optical computing stock's Q2 FY26 revenue was $569,925, up 112.29% year-over-year but missing expectations by 17.58%. The company closed the quarter with approximately $796 million in cash and
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WuXi AppTec's stock price surged 100% to an all-time high, as investors bet on its continued core position in the global drug supply chain.
WuXi AppTec's stock price hit a record high last week, doubling its January level, despite the U.S. Pentagon listing it as a Chinese military company, which could lead some American clients to withdra
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Lenovo Group Ltd. shares surged 19% after its quarterly revenue jumped 43%, widely beating analyst estimates and renewing optimism around AI-driven demand.
Lenovo Group Ltd. shares surged 19% after its quarterly revenue jumped 43%, widely beating analyst estimates and renewing optimism around AI-driven demand.
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HSBC shares surge to record high, with investors keenly awaiting earnings report for clues on capital returns and buybacks
The Asia-focused lender's stock rally to a record has set a high bar for its upcoming earnings. Investors are particularly focused on the results to see if they can sustain the rally, looking for deta
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SkyWest (SKYW) Executives Sold Stock for Three Consecutive Days, with Operations VP Greg Wooley Selling 17,726 Shares at $108.55 Each
SkyWest, Inc. (NASDAQ:SKYW) executives have sold company stock for three consecutive days, with Executive VP of Operations Greg Wooley selling 17,726 shares of common stock on July 30 at a weighted av
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Southern Fund's Double-Leveraged Hynix ETF rose more than 14%, and its Double-Leveraged Samsung Electronics ETF rose more than 11%
Svmuu News: According to data from MSX.COM, the Southern Double Long Hynix (07709.HK) rose more than 14%, and the Southern Double Long Samsung Electronics (07747.HK) rose more than 11%.
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