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China's AI Chip Leader Cambricon Hits Third Straight Record High, Edging Closer to 1,000 Yuan
TradingKey - On August 14, Cambricon, a Chinese AI chip manufacturer, saw its stock rise over 14% intraday to once reach 985 yuan.This marked the third consecutive day of record highs as the stock edged towards the 1,000 yuan milestone. Its market capitalization briefly surpassed 400 billion yuan wiTradingKey
Thu, Aug 14
Grocery Stocks Sink as Amazon Expands Same-Day Delivery to 1,000 Cities
TradingKey - E-commerce giant Amazon formally announced on August 13 a major expansion into U.S. fresh grocery delivery, launching same-day service covering over 1,000 cities and towns for perishable categories including seafood, meat, and frozen foods. The company plans to extend coverage to...
Cisco Q4 Slightly Beats Expectations — Strong AI Orders, But Lackluster Full-Year Guidance Raises Concerns?
TradingKey - Cisco Systems (CSCO.US) released its fiscal fourth-quarter 2025 results (ended July 26) after the market close on Wednesday. The company delivered a modest beat, but its underwhelming full-year outlook for fiscal 2026 led to a decline in after-hours trading.
TradingKey
Thu, Aug 14
Bridgewater’s Q2 Portfolio: Masterful “Sell High, Buy Low” — Exits Re-rated Chinese Stocks, Doubles Down on U.S. Tech and AI
TradingKey - After the U.S. market close on August 13, Bridgewater Associates, the world’s largest hedge fund, filed its 13F regulatory report with the U.S. Securities and Exchange Commission. The fund made significant changes to its U.S. equity portfolio in the second quarter of 2025: doubling down
“Optical Giant” Coherent Beats Earnings but Misses Guidance, Shares Plunge 19% After Hours
TradingKey - After U.S. markets closed on Wednesday, optical components leader Coherent (COHR) saw its stock plunge 19% in extended trading. Despite delivering a fourth-quarter earnings beat, the company’s weaker-than-expected guidance for the current quarter raised concerns about the sustainabilityTradingKey
Thu, Aug 14
South Korea to announce plan to restructure petrochemical sector facing 'grave' situation
Petrochemical exports have fallen amid global oversupplySouth Korea is a major naphtha importer, crucial for global oil marketsConcerns over financial health of large petrochemical company YNCCSouth Korean president supports tax incentives, regulatory changes SEOUL, Aug 14 (Reuters) - South Korea...Reuters
Thu, Aug 14
PRECIOUS-Gold extends rise on Fed rate-cut hopes, softer dollar
Dollar hovers near multi-week lowsFocus on US PPI, jobless claims data Palladium up more than 1%By Brijesh Patel Aug 14 (Reuters) - Gold extended gains to a third session on Thursday, supported by rising expectations of an interest rate cut by the U.S. Federal Reserve in September following tame ...Reuters
Thu, Aug 14
'Tesla shame' bypasses Norway as sales jump despite Musk's politics
Tesla faces declining sales over CEO's right-wing politicsNorway bucks trend, with 24% sales growth in first half of yearCompany helped by deep ties to Norway, analysts sayTesla launches promotions in face of growing competitionBy Marie Mannes SKI, Norway, Aug 14 (Reuters) - Like many Norwegi...
Reuters
Thu, Aug 14
BOJ Faces Internal and External Pressures as the Underlying Inflation Justification Falters, Bessent Calls Out Inaction
TradingKey - As the prospect of Federal Reserve rate cuts strengthens and the Bank of Japan’s (BOJ) rationale of “underlying inflation” comes under increasing scrutiny, the USD/JPY exchange rate has continued to decline since August. Analysts believe the BOJ may ditch its vague “underlying inflation
TradingKey
Thu, Aug 14
JGBs fall as Bessent's 'behind the curve' comments drive BOJ rate hike bets
By Junko Fujita TOKYO, Aug 14 (Reuters) - Japanese government bonds fell on Thursday as U.S. Treasury Secretary Scott Bessent's comments stoked expectations of a policy shift by the Bank of Japan.The five-year yield JP5YTN=JBTC rose 3.5 basis points (bps) to 1.1%, its highest level in two wee...Reuters
Thu, Aug 14
[US IPO] "Crypto's New Darling": Bullish Rockets 200% in Wild Trading Debut
TradingKey - The New York Stock Exchange welcomed a major cryptocurrency sector listing on August 13 with the debut of crypto exchange Bullish (ticker: BLSH). Shares surged dramatically on opening day, hitting an intraday high of $118 per share—more than 200% above its $37 IPO price.TradingKey
Thu, Aug 14
Chinese PC maker Lenovo says US-China tariff pause a positive sign
By Che Pan and Brenda Goh BEIJING, Aug 14 (Reuters) - China's Lenovo 0992.HK said on Thursday the tariff pause between Washington and Beijing was positive and growth in China's AI infrastructure remained strong despite U.S.-China tech tensions."The truce is a positive situation,"...Reuters
Thu, Aug 14
Why Ethereum Has Become the “Leader” in the Crypto Bull Run While Bitcoin Hits New Highs?
TradingKey - On Thursday, August 14, both Bitcoin and Ethereum rose over 3%, driven by expectations of a significant rate cut from the Federal Reserve and continued growth in cryptocurrency ETF demand. Bitcoin surged past $124,000 to reach a new all-time high, while Ethereum climbed to within 3% of
TradingKey
Thu, Aug 14
Fed rate-cut drumbeat pegs back dollar; Asian stocks take a breather
SINGAPORE, Aug 14 (Reuters) - The U.S. dollar was under pressure on Thursday as traders piled into wagers that the Federal Reserve will resume cutting interest rates next month, powering Bitcoin to a record high, while a blistering rally in regional stocks took a breather.Reuters
Thu, Aug 14
North Korea says South Korea's peace overtures a 'pipedream'
SEOUL, Aug 14 (Reuters) - The North Korean leader's powerful sister said on Thursday that the country has never taken down propaganda loudspeakers and will not do so, calling South Korea's belief that Pyongyang was responding to its peace overtures a "pipedream."Reuters
Thu, Aug 14
Japan's Nikkei slips from record peak amid overheating concerns
TOKYO, Aug 14 (Reuters) - Japan's Nikkei share average slipped on Thursday, pulling back from a record high seen in the previous session, as investors locked in profits following six consecutive days of gains amid growing concerns over market overheating.As of 0009 GMT, the Nikkei .N225 was down...Reuters
Thu, Aug 14
Bessent says Japan 'behind the curve' in monetary tightening, in Bloomberg interview
TOKYO, Aug 14 (Reuters) - U.S. Treasury Secretary Scott Bessent said Japan is being late in handling monetary tightening during an interview with Bloomberg Television.Bessent also said that U.S. Treasury yields are feeling the impact of overseas developments, including from Japan and Germany."Th...Reuters
Thu, Aug 14
