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Soaring memory costs weigh on earnings; HP's full-year profits may hit the lower end of estimates
HP (HPQ.N) said its full-year earnings are likely to come in at the lower end of its previous forecast range due to tariffs and rising memory chip prices. The stock fell about 7% in after-hours tradin
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Japan's Corporate Service Price Index fell 0.5% month-on-month in January, compared with a previous reading of 0%.
Japan's Corporate Service Price Index fell 0.5% month-on-month in January, compared with a previous reading of 0%.
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Japan's January Corporate Service Price Index rose 2.6% year-on-year, compared with the previous reading of 2.60%.
Japan's January Corporate Service Price Index rose 2.6% year-on-year, compared with the previous reading of 2.60%.
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Traders are rekindling expectations of long-term monetary easing Federal Reserve
Traders in U.S. futures and options markets are betting that Federal Reserve will continue to cut interest rates next year rather than raise them. The spread in Secured Overnight Financing Rate (SOFR)
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Tech stocks' rebound boosts U.S. markets; Asian markets expected to open strongly
Rising tech stocks have boosted Wall Street, easing concerns about the potential disruptive impact of artificial intelligence, and Asian stock markets appear poised to follow suit.Stock index futures
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The Manhattan District Attorney's Office has shifted its focus to holding individuals accountable and is encouraging companies to voluntarily disclose misconduct
Jay Clayton, the U.S. Attorney for Manhattan, stated that under a new initiative, companies that proactively report fraud and financial misconduct affecting market integrity may avoid criminal charges
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OpenAI Accelerates Hiring; Former Roblox Executive Named Chief Human Resources Officer
OpenAI announced on Tuesday the appointment of Arvind KC as Chief Human Resources Officer. The former Roblox executive will oversee recruitment, onboarding, and employee development as OpenAI, the mak
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Lucid Group (LCID.O): Capital expenditures for 2026 are expected to range from $1.2 billion to $1.4 billion.
Lucid Group (LCID.O): Capital expenditures for 2026 are expected to range from $1.2 billion to $1.4 billion.
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Lucid Group (LCID.O): Recent layoffs in the U.S. are expected to yield cost savings of up to $500 million over the next three years.
Lucid Group (LCID.O): Recent layoffs in the U.S. are expected to yield cost savings of up to $500 million over the next three years.
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HP (HPQ.N) CFO: PCs equipped with AI technology accounted for 35% of total shipments in the first quarter, up from 30% in the previous quarter.
HP (HPQ.N) CFO: PCs equipped with AI technology accounted for 35% of total shipments in the first quarter, up from 30% in the previous quarter.
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NanoMicro Semiconductor rose more than 5% in after-hours trading as the company indicated that revenue would return to growth; HP fell more than 7% as rising memory chip prices weighed on its earnings outlook.
Navi Semiconductor rose more than 5% in after-hours trading as the company indicated that revenue would return to growth; HP fell more than 7% as rising memory chip prices weighed on its earnings outl
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HP (HPQ.N) CFO: The company is seeing strong demand in the enterprise market, particularly in Europe and Asia; this is linked to the Windows 11 upgrade cycle.
HP (HPQ.N) CFO: The company is seeing strong demand in the enterprise market, particularly in Europe and Asia; this is linked to the Windows 11 upgrade cycle.
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HP (HPQ.N) CEO: Expects double-digit decline in PC shipments, in line with industry trends.
HP (HPQ.N) CEO: Expects double-digit decline in PC shipments, in line with industry trends.
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HP (HPQ.N) CEO: Expects the memory market to undergo "dynamic changes" and is currently implementing broader pricing measures and additional company-wide cost-cutting plans to mitigate the impact.
HP (HPQ.N) CEO: The memory market is expected to undergo "dynamic changes"; the company is currently implementing measures to expand pricing and additional company-wide cost-cutting plans to mitigate
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Data shows that open interest in CME U.S. Treasury futures has surged to a record high of 36.3 million contracts.
Data shows that open interest in CME U.S. Treasury futures has surged to a record high of 36.3 million contracts.
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IBM: (Anthropic) Modernizing COBOL is not merely a matter of transformation; creating value requires the right platform and the right approach—tools alone are not a comprehensive solution.
IBM: (Anthropic) Modernizing COBOL is not merely a matter of transformation; creating value requires the right platform and the right approach—tools alone are not a comprehensive solution.
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Federal Reserve There is a 98% probability that interest rates will remain unchanged in March
According to CME’s “Federal Reserve”: Federal Reserve The probability of a 25-basis-point rate cut by March is 2%, while the probability of rates remaining unchanged is 98.0%. Federal Reserve The prob
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Navi Semiconductor reported revenue of $7.3 million for the fourth quarter of fiscal year 2025, compared to $10.1 million in the previous quarter.
Navi Semiconductor reported revenue of $7.3 million for the fourth quarter of fiscal year 2025, compared to $10.1 million in the third quarter of 2025 and $18.0 million in the fourth quarter of 2024.
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U.S. API heating oil inventories for the week ending February 20 fell by 71,000 barrels, compared with a previous increase of 316,000 barrels.
U.S. API heating oil inventories for the week ending February 20 fell by 71,000 barrels, compared with a previous increase of 316,000 barrels.
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U.S. API refined oil imports for the week ending February 20 were 84,000 barrels per day, compared with the previous figure of -18,000 barrels per day.
U.S. API refined oil imports for the week ending February 20 were 84,000 barrels per day, compared with the previous week's figure of -18,000 barrels per day.
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U.S. API crude oil production for the week ending February 20 was -438,000 barrels per day, compared with the previous reading of 134,000 barrels per day.
U.S. API crude oil production for the week ending February 20 was -438,000 barrels per day, compared with the previous reading of 134,000 barrels per day.
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Warner Bros. Discovery (WBD) said that Paramount has raised its offer to $31 per share in cash.
Warner Bros. Discovery (WBD) said that Paramount has raised its offer to $31 per share in cash.
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U.S. API crude oil inventories for the week ending February 20 stood at 11.427 million barrels, compared with an expected increase of 1.25 million barrels and a previous decline of 609,000 barrels.
U.S. API crude oil inventories for the week ending February 20 stood at 11.427 million barrels, compared with an expected increase of 1.25 million barrels and a previous decline of 609,000 barrels.
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U.S. API gasoline inventories for the week ending February 20 fell by 1.535 million barrels, compared with an expected decline of 591,000 barrels and a prior decline of 312,000 barrels.
U.S. API gasoline inventories for the week ending February 20 fell by 1.535 million barrels, compared with an expected decline of 591,000 barrels and a prior decline of 312,000 barrels.
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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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Data: Foreign capital outflows from the South Korean stock market have exceeded $100 billion since 2026
Svmuu News: Since early 2026, foreign investors have withdrawn a cumulative total of more than $100 billion from the South Korean stock market. (Coin Bureau)
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The lock-up period for Zhipu’s cornerstone shares is nearing its end, and nearly 70% of the cornerstone shares set to be released have received commitments from institutional investors to continue holding them.
Svmuu News, July 7: As the lock-up period for cornerstone investors in Hong Kong-listed Zhipu nears its end, several institutional investors have explicitly stated that they remain optimistic about th
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Foreign investors sold off approximately $1.493 billion worth of stocks on the South Korean market again today, with retail investors stepping in to buy.
Svmuu News: Although South Korean stock indices fell sharply again today, retail investor funds in South Korea continued to show a net inflow, with net purchases totaling 2.3179 trillion won (approxim
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Stock markets in Japan and South Korea opened higher but closed lower
Svmuu News: The Nikkei 225 closed down 6.38 points, or 0.01%, at 69,737.69 on Monday, July 6; South Korea’s KOSPI index closed down 37.01 points, or 0.46%, at 8,051.33 on Monday, July 6, after gaining
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JPMorgan Chase We maintain our “Overweight” rating on Tencent; WeChat AI Agent reduces the risk premium
Svmuu News: JPMorgan Chase released a report stating that the uncertainties surrounding Tencent’s (00700.HK) WeChat AI Agent lie in whether it can truly integrate into the WeChat platform, the extent
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Barclays Raises Micron's Tech Price Target to $2,000
Svmuu News: Barclays raised its price target for Micron Technology (MU.O) from $1,175 to $2,000.
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Hitting a record low, STRC’s pre-market price touched $73
Svmuu News: STRC hit $73 in pre-market trading, setting a new all-time low; SATA traded at $83.5, its lowest level since February. Strive continues to pay daily dividends amid this bear market.
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Micron Tech CEO: Capital expenditures are expected to be approximately $10 billion in the fourth fiscal quarter and approximately $27 billion for the full year 2026
Svmuu News Micron: Tech (MU.O) CEO: Capital expenditures for the fourth fiscal quarter are expected to be approximately $10 billion, and full-year capital expenditures for fiscal year 2026 are expecte
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VistaShares: Micron Gross margin guidance nears 81%, a significant increase from 37% a year ago
Svmuu News: VistaShares posted on X that Micron, which is set to report its earnings on June 24, has achieved triple-digit revenue growth for several consecutive quarters.VistaShares noted that the ke
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Wedbush raises its price target for Micron to $1,300
Svmuu News: Wedbush has raised its price target for Micron Technology (MU.O) from $550 to $1,300. (Jin Shi)
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Gate has expanded its Hong Kong stock offerings to more than 1,500 securities and continues to enhance its global equity asset coverage system
Svmuu News: Gate has further expanded its Hong Kong stock trading offerings to over 1,500 securities, continuing to broaden its coverage of assets listed on the Hong Kong Stock Exchange beyond the ori
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Deutsche Bank raised its price target for Micron to $1,500
Svmuu News: According to market reports, Deutsche Bank has raised its target price for Micron from $1,000 to $1,500. (Jin Shi)
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The U.S. space sector is gaining momentum, with KULR Technology up 11%
Svmuu News: According to data from MSX.COM, the U.S. space sector is gaining momentum, with KULR Technology up 11%, Rocket Lab up 6.88%, and Boeing (BA.N) up 4%. SpaceX rose more than 6%, following a
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U.S. stocks in the memory chip and optical communications sectors rose across the board, with Micron. surging more than 7%
Svmuu News: According to data from MSX.COM, U.S. stocks in the memory chip and optical communications sectors rose across the board, with Seagate Technology and Western Digital up more than 9%, Micron
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