Tiger

Nebius shares jumped another 7.4% in morning trading on Thursday.Nebius Group reported a nearly eightfold rise in quarterly revenue on Wednesday, benefiting from increasing demand for artificial ​intelligence infrastructure and cloud services, sending its shares up 14.7%.The Amsterdam-based neocloud...

Chinese ADRs dropped in morning trading. Direxion Daily FTSE China Bull 3X Shares fell 8%; Kingsoft Cloud fell 10%; Bilibili fell 7%; XPeng fell 6%; Baidu fell 5%; NIO, Alibaba, and Li Auto fell 4%; NetEase, PDD Holdings, and Trip.com fell 3%; JD.com fell 1%.

POET Technologies shares soared 43.2% Thursday following the announcement of a supply agreement with Lumilens Inc. that includes an initial $50 million purchase order for optical engines.Cisco shares surged 16.9% in morning trading after the networking company issued results and guidance that topped...

POET Technologies and Lumilens announced a supply agreement establishing a joint development partnership for wafer-level photonic integration technology targeting AI infrastructure applications.The agreement includes an initial $50 million purchase order from Lumilens for manufacturing optical engin...

Stock futures were rising Thursday as investors bet that President Donald Trump’s visit to China could help extend a recent tech rally.These stocks were making moves in premarket trading:Cisco surged 16% after the networking company showed off its artificial-intelligence credentials with a strong fi...

Some chip stocks dropped in premarket trading. SanDisk and Intel fell 4%; Qualcomm and Micron fell 3%; Arm, Western Digital, and Seagate fell 2%; AMD and STMicroelectronics fell 1%.

Chip stocks jumped in premarket trading. United Microelectronics up 8%; Wolfspeed Inc. up 4%; Marvell Technology up 3%; Himax and NVIDIA up 2%; Applied Materials , Navitas Semiconductor Corp, Taiwan Semiconductor Manufacturing, Credo Technology Group Holding Ltd and Ambarella up 1%.

Cisco shares soared 19.3% in premarket trading after the networking company issued results and guidance that topped Wall Street’s projections.The company said it’s cutting its workforce this quarter by fewer than 4,000 jobs, representing less than 5% of total employees.The company said it was making...

The U.S. has cleared around 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200, but no deliveries have been made so far, leaving the deal in limbo as CEO Jensen Huang seeks a breakthrough in China this week, Reuters reported.Nvidia shares rallied 2.2% in premarket trading.Huang,...

Nvidia Jumps about 2% to $230.12 in Overnight TradingSources Say Chinese Buyers Approved To Purchase Nvidia Chips Include Alibaba, Bytedance, Tencent, and JD.com

Xi, Trump meeting ends, China Central Television reports.President Xi meets US business leaders traveling with Trump, CCTV reports.

Hi folks. ASX Ltd. has recruited Anthony Attia as its new CEO to lead the embattled bourse, a former chief at Euronext Paris.Meantime, as Jim Chalmers’ tax tweaks ripple across trading floors and board rooms, investors are rushing to unpack the impact on portfolios and wealth structures. The budget ...

Air New Zealand expects a substantial full-year loss as the Middle East conflict stokes jet-fuel costs, forcing it to cut costs and reduce services.The loss before tax will be NZ$340 million to NZ$390 million ($202 million to $232 million) in the year through June, the Auckland-based airline, which ...

Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsUS CLARITY Act Secures 13 Republican Votes to Pass Senate Banking CommitteeThe U.S. CLARITY Act has secured the 13 Republican votes required to pass the Senate Bank...

China's Xi, Trump Hold Talks, Chinese State Media Reports

Chinese ETFs and ADRs fell in overnight trading. Kingsoft Cloud down 5%; XPeng down 4%; Li Auto down 3%; Alibaba, PDD down 1%.Staar Surgical stocks rose 19% in overnight trading after it reported Q1 earnings late Wednesday of $0.10 per diluted share, swinging from a loss of $1.10 a year earlier.Anal...

AI stocks jumped in Hong Kong market. Kingsoft Cloud up over 9%; Alibaba up about 7%; Baidu up over 5%; MiniMax up about 3%.China's ​Alibaba said it would exceed its planned AI investment of up to 380 billion yuan ($55.96 billion) over the next ‌three years, as early signs of returns from the techno...

CSOP 2x Leveraged Samsung Electronics ETF rose 7.7% in Hong Kong market.Samsung Electronics Co. failed to reach a last-minute wage agreement with its largest labor union, heightening the risk of a strike that could disrupt operations at the world’s largest memory chipmaker.The breakdown in talks cam...

Cisco Systems Inc. gained as much as 20% in overnight trading after the company delivered a better-than-anticipated sales forecast and announced plans to cut thousands of jobs, an attempt to focus on the fast-growing AI market.Communication equipment stocks jumped in overnight trading after Cisco’s ...

Cisco Systems Inc. gained as much as 18% in late trading after the company delivered a better-than-anticipated sales forecast and announced plans to cut thousands of jobs, an attempt to focus on the fast-growing AI market.Revenue will be $16.7 billion to $16.9 billion in the fiscal fourth quarter, w...