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Microchip Technology (MCHP.O): Third-quarter sales reached $1.19 billion; the company is preparing to expand factory capacity in March to reduce costs.
Microchip Technology (MCHP.O): Third-quarter sales reached $1.19 billion, and the company is preparing to expand factory capacity in March to reduce costs.
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The Dow Jones Industrial Average closed up 594.79 points, or 1.23%, at 48,977.18 on Monday, January 5;The S&P 500 closed up 43.59 points, or 0.64%, at 6,902.06 on Monday, January 5; Nasdaq The Composite Index closed up 160.19 points, or 0.69%, at 23,395.82 on Monday, January 5.
The Dow Jones Industrial Average closed up 594.79 points, or 1.23%, at 48,977.18 on Monday, January 5;The S&P 500 closed up 43.59 points, or 0.64%, at 6,902.06 on Monday, January 5; Nasdaq The Composi
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U.S. Stock Market Close: Dow Hits New High; Chevron Rises 5%
U.S. stocks closed higher on Monday, with the Dow Jones Industrial Average rising 1.23% in preliminary results to hit a new record high. The S&P 500 gained 0.64%, and the Nasdaq Composite rose 0.69%.
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South Korea's foreign exchange reserves stood at $428.05 billion in December, down from $430.66 billion in the previous month.
South Korea's foreign exchange reserves stood at $428.05 billion in December, down from $430.66 billion in the previous month.
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Colombian Minister of the Interior and Justice: Colombia will continue to coordinate and cooperate with the United States in the fight against drug trafficking.
Colombian Minister of the Interior and Justice: Colombia will continue to coordinate and cooperate with the United States in the fight against drug trafficking.
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International oil prices rose on the 5th
At the close of trading, February light crude oil futures on the New York Mercantile Exchange rose by $1.00 to settle at $58.32 per barrel, a gain of 1.74%; March-delivery Brent crude futures on the L
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U.S. Commodity Futures Trading Commission (CFTC): For the week ending December 30, equity fund managers increased their net long positions in the S&P 500 CME Group (CME) by 6,233 contracts to 942,921 contracts.Equity fund speculators reduced their net short positions in the S&P 500 CME Group (CME) by 7,688 contracts to 364,403 contracts.
U.S. Commodity Futures Trading Commission (CFTC): For the week ending December 30, equity fund managers increased their net long positions in the S&P 500 CME Group (CME) by 6,233 contracts to 942,921
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The U.S. Dollar Index fell on the 5th
The U.S. Dollar Index, which measures the dollar against six major currencies, fell 0.16% on the day, closing at 98.267 in late trading. At the close of New York trading, 1 euro was worth 1.1727 dolla
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The Corporation for Public Broadcasting (CPB) has voted to dissolve after 58 years in operation.
The Corporation for Public Broadcasting (CPB) has voted to dissolve after 58 years in operation.
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The United States plans to intercept an oil tanker carrying Venezuelan oil. (CBS News)
The United States plans to intercept an oil tanker carrying Venezuelan oil. (CBS News)
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The United States announced a $2.7 billion order to expand its uranium enrichment capacity
The U.S. Department of Energy announced on Monday that it would award contracts totaling $2.7 billion to three companies to strengthen domestic uranium enrichment over the next 10 years, a move aimed
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U.S. crypto mining stocks surged across the board, with Bitfarms and Cipher Mining rising more than 12%, IREN climbing over 11%, and Applied Digital gaining more than 8%.
U.S. crypto mining stocks surged across the board, with Bitfarms and Cipher Mining rising more than 12%, IREN climbing over 11%, and Applied Digital gaining more than 8%.
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After Maduro was captured, Donald Trump posed for a photo wearing a "Make Iran Great Again" hat
U.S. Senator Lindsey Graham shared a photo of Donald Trump holding a signature cap emblazoned with the words “Make Iran Great Again,” fueling concerns that the U.S. might go to war with Iran again.Gra
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Iran is providing subsidies to its citizens to ease social tensions
In response to growing social pressure stemming from the deepening economic crisis, the Iranian government announced on Monday a plan to distribute the equivalent of about $7 per month to every citize
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Donald Trump Government Slashes Child Vaccination Program
On Monday, the Donald Trump administration made significant changes to the federal childhood vaccination schedule, reducing the number of recommended vaccines from 17 to 11 in a move aimed at aligning
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OECD Finalizes Agreement on Global Minimum Corporate Tax Rate; U.S. Multinationals Granted Exemption
Under the agreement finally reached by the OECD, U.S. multinational corporations will be exempt from paying additional corporate taxes overseas. The OECD announced on Monday that nearly 150 countries
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Greenlandic Prime Minister Nielsen: We are working to establish a direct hotline with Washington.
Greenlandic Prime Minister Nielsen: We are working to establish a direct hotline with Washington.
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Greenlandic Prime Minister Nielsen: We welcome business cooperation with open arms.
Greenlandic Prime Minister Nielsen: We welcome business cooperation with open arms.
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Greenlandic Prime Minister Nielsen: Greenland cannot be compared to Venezuela. We hope to restore our previous good cooperative relationship with the United States.
Greenlandic Prime Minister Nielsen: Greenland cannot be compared to Venezuela. We hope to restore our previous good cooperative relationship with the United States.
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Rodríguez has officially assumed the role of acting president of Venezuela.
Rodríguez has officially assumed the role of acting president of Venezuela.
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Hang Seng Index The futures night session closed up 0.71% at 26,562 points, trading at a premium of 215 points.
Hang Seng Index The futures night session closed up 0.71% at 26,562 points, trading at a premium of 215 points.
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Reuters Poll: Support for Donald Trump. Rises; Only 30% of Americans Approve of U.S. Action Against Venezuela
A Reuters/Ipsos poll released Monday showed that one-third of Americans support a U.S. military strike against Venezuela, while 72% are concerned that the U.S. will become overly involved in the South
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Hawaiian Airlines, a subsidiary of Alaska Airlines, announced that it will invest more than $600 million over the next five years to upgrade its infrastructure and enhance the passenger experience.
Hawaiian Airlines, a subsidiary of Alaska Airlines, announced that it will invest more than $600 million over the next five years to upgrade its infrastructure and enhance the passenger experience.
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The U.S. Centers for Disease Control and Prevention now recommends a single dose of the HPV vaccine instead of two doses.
The U.S. Centers for Disease Control and Prevention now recommends a single dose of the HPV vaccine instead of two doses.
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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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