Tiger

Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business.Still, the Chinese giant’s revenues came in under analyst forecasts.Alibaba’s stock was up more than 1% in premarket trade ...

Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsUS Puts GDP Data on the Blockchain in Trump Crypto PushThe US government on Thursday began distributing gross domestic product data on public blockchains, marking t...

Biotech stocks surged in Hong Kong on Friday. Cutia Therapeutics rose 14%; Antengene rose 13%; HBM Holdings and TransThera Sciences rose 9%; RemeGen rose 8%; CARsgen Therapeutics rose 7%; WuXi Biologics rose 6%.with CUTIA-B(02487) rising over 12%, HBM HOLDINGS-B(02142) climbing over 9%, and REMEGEN(...

Gold headed for a consecutive weekly gain that’s pushed it closer to a record high, as investors braced for an inflation reading that may prove key to US monetary easing this year.Gold stocks rose in Hong Kong. China Gold International Resources rose 6%; Zhaojin Mining, Chifeng Gold, and Lingbao Gol...

Gold stocks climbed in overnight trading with Anglogold up over 5%; Gold Fields up over 3%. Gold headed for a consecutive weekly gain that’s pushed it closer to a record high, as investors braced for an inflation reading that may prove key to US monetary easing this year. Bullion was steady early Fr...

Guotai Junan International shares surged 14.1% in early trading in Hong Kong, as the Company officially launched cryptocurrency trading services in Hong Kong.Yesterday, Guotai Junan International announced that its parent company, Guotai Haitong Group's subsidiary, Guotai Junan International Holding...

Elastic shares soared 21.9% in overnight trading after the search AI platform Provider reported fiscal first-quarter results and full-year guidance that topped Wall Street's estimates by a wide margin.Ambarella shares surged 20.2% after the edge AI semiconductor company reported second-quarter earni...

The S&P 500 and Dow Jones Industrial Average notched record high closes on Thursday after Nvidia's quarterly report fell short of investors' high expectations but confirmed that spending related to artificial intelligence infrastructure remains strong.Market SnapshotThe S&P 500 climbed 0.32% to end ...

Elastic shares rose 18.5% in extended-trading on Thursday after the search AI platform Provider reported fiscal first-quarter results and full-year guidance that topped Wall Street's estimates by a wide margin.For the period ending July 31, Elastic said it earned an adjusted $0.60 per share as reven...

Alphabet shares rose 2% to $212.48, hitting all time high

Drone Stocks Jumped. Ondas up 14%; Unusual Machines up 4%; AIRO Group, Red Cat and Vertical Aerospace up 2%.

Here are the biggest calls on Wall Street on Thursday:Goldman Sachs reiterates Snowflake as buyGoldman says the stock is best-in-class following earnings.“We reiterate our Buy rating and raise our PT to $260 ($230 prior) as we credit Snowflake’s best-in-class Rule-of profile with 30%+ Revenue Growth...

Chinese ADRs And ETFs Shined. Trip.com up 10%; Kingsoft Cloud up 6%; Li Auto and CHAU up 5%; Didi up 4%; ASHS up 3%.

Nvidia Concept Stocks Jumped. CoreWeave up 7%; Core Scientific and Navitas up 3%; Cerence and Aurora up 2%.

Nvidia stock pared loss in premarket after initially slipping 2% following the report.Nvidia Q2 sales surged 56% in the quarter to $46.74 billion, topping Wall Street’s projected $46.06 billion, according to LSEG. The company reported adjusted earnings per share of $1.05, which was higher than the $...

Stock futures inched higher on Thursday as U.S. Q2 GDP growth, annual rate, revised to +3.3% Q/Q from the initial estimate of 3.0%, the Commerce Department's Bureau of Economic Analysis said on Thursday. The measure compares with the 3.1% consensus estimate and contrasts with the 0.5% decline in Q1 ...

Li Auto (NASDAQ:LI): Q2 Non-GAAP EPADS of $0.19 misses by $0.05. Revenue of $4.2B (-4.5% Y/Y) misses by $250M.Li Auto shares fell 5% in premarket.Q3 outlook: Total revenues to be between RMB24.8 billion (US$3.5 billion) and RMB26.2 billion (US$3.7 billion), representing a year-over-year decrease of ...

Shares of Horizon Robotics surged 12.9% in Hong Kong in the afternoon.The boost comes as Horizon Robotics released its interim results. First half revenue reached RMB 1.567 billion, an increase of 67.6% year-on-year; gross profit amounted to RMB 1.024 billion, with a comprehensive gross margin of 65...

Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsStablecoin Groups Circle, Paxos Test New Tech to Verify Crypto PaymentsStablecoin heavyweights Circle Internet Group Inc. and Paxos Trust Co. have piloted a new way...

Alibaba Group Holding Ltd. is negotiating with banks to refinance a $6.5 billion loan due next year, according to people familiar with the matter.The company is offering existing lenders a pricing of below 80 basis points over the Secured Overnight Financing Rate for a five-year revolving credit fac...