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Alibaba or Meituan? Morgan Stanley and JPMorgan Signal the Winner in Local Services
TradingKey - Alibaba recently re-entered the offline store business with its “Street Stars”, surpassing Dianping’s daily user scale on its first day — catching Meituan off guard in its core domain. International investment banks Morgan Stanley and JPMorgan have both concluded that Alibaba’s latest
TradingKey
Thu, Sep 11
U.S. August CPI Meets Expectations at 2.9%, 10-Year Treasury Yield Drops Below 4%
TradingKey - The U.S. August Consumer Price Index (CPI) posted its largest year-on-year gain in seven months, but the reading was broadly in line with expectations. Combined with recent surprisingly weak employment data, a 25-basis-point rate cut by the Federal Reserve in September is now all butTradingKey
Thu, Sep 11
Pre-Bell｜U.S. Futures Rise; Tesla Gains 1%; Oracle and NIO Rally 2%; CoreWeave and Alibaba Jump 3%; Opendoor Soars 36%
U.S. stock futures rose on Thursday as investors preferred to stay on the sidelines ahead of crucial inflation numbers that are likely to influence the Federal Reserve's monetary policy path.Tiger News
Thu, Sep 11
Figure IPO Set to Launch: Can the First RWA Stock Spark a Broader IPO Revival?
TradingKey - Blockchain lending platform Figure Technologies is set to go public on the Nasdaq this Thursday, September 11, potentially earning the title of “the first RWA (Real-World Assets) stock” thanks to its blockchain-based loan services. Just days before its IPO, Figure increased both its
TradingKey
Thu, Sep 11
Novo Nordisk to Cut 9,000 Jobs and Lowers Profit Growth Forecast; Analysts See Positive Signals
TradingKey - On Wednesday, September 10, Danish pharmaceutical company Novo Nordisk (NVO), known for its obesity drugs Wegovy and Ozempic, announced a restructuring plan involving global job cuts of 9,000 employees and a third downward revision of its profit growth forecast this year. This move mark
TradingKey
Thu, Sep 11
Oracle Wins $300 Billion AI Computing Contract, Fueling 10% SoftBank Stock Surge
TradingKey - On Thursday, SoftBank Group's stock price surged nearly 10% in the Japanese market, driven by positive sentiment surrounding U.S. tech giant Oracle's strong performance and surging demand for artificial intelligence cloud services, becoming the core driving force behind the Nikkei...
TradingKey
Thu, Sep 11
Alibaba Raises $3.2B in Second Zero-Coupon Bond of 2025, with 80% Directed Toward Cloud Infrastructure
TradingKey - On September 11, Alibaba Group announced plans to issue zero-coupon convertible senior notes with a principal amount of approximately $3.2 billion, maturing on September 15, 2032, as unsecured senior debt.TradingKey
Thu, Sep 11
43% Surge Propels Market Cap Past $1 Trillion! Oracle Lifts Ellison to Top, Eyes Top 10 in S&P 500
TradingKey - On Wednesday (U.S. Eastern Time), Oracle (ORCL.US) surged as much as 43% following the announcement of multiple major contracts, closing up nearly 36% at $326.33, a new all-time high.TradingKey
Thu, Sep 11
Klarna’s IPO Soars Then Fades: What Went Wrong on Its First Day?
TradingKey - Despite raising its offering price significantly and securing over 20x subscription demand, Klarna’s debut saw a sharp pullback after an initial surge, with a final gain of about 15% — far below the explosive rallies seen in recent hot listings like Circle, Figma, and Bullish.
TradingKey
Thu, Sep 11
Nejatian Joins, Opendoor Gains "Tech DNA" and Soars 40%
TradingKey - On Wednesday (U.S. Eastern Time), U.S.-based online real estate platform Opendoor Technologies (OPEN.US) announced the appointment of Kaz Nejatian, former Chief Operating Officer of Shopify, as its new Chief Executive Officer and Board Member. Following the news, Opendoor’s stock surged
TradingKey
Thu, Sep 11
Oracle’s Ellison Tops Musk as World’s Richest Man After $101 Billion Gain
Larry Ellison has become the world’s richest person for the first time, ending Elon Musk’s nearly year-long reign in the top spot, bloomberg reported.Ellison’s fortune soared $101 billion as of 10:10 a.m. in New York after Oracle Corp. reported quarterly results that surpassed expectations and saidTiger News
Thu, Sep 11
Tariff Impact Fading? U.S. PPI Unexpectedly Turns Negative, Treasury Prices Jump
TradingKey - After a series of data—including ADP and nonfarm payrolls—supported the Federal Reserve’s likely rate cut next week, another piece of evidence has emerged: U.S. inflation is cooling faster than expected. The August Producer Price Index (PPI) unexpectedly turned negative month-over-monthTradingKey
Wed, Sep 10
Crypto Treasury Stocks Go Wild as the Strategy Model Faces Scrutiny
TradingKey - The so-called Digital Asset Treasury companies (DATs) often see their stock prices surge when announcing investments in Bitcoin, Ethereum, or other major digital assets. However, rising competition and lack of strategic differentiation are raising questions about the sustainability of
TradingKey
Wed, Sep 10
OpenAI's Frenzied Orders for Broadcom and Oracle: Is the Cash Enough?
TradingKey - On Tuesday, cloud computing giant Oracle reported its earnings. Despite falling short of revenue expectations, a substantial cloud infrastructure order from OpenAI sent the stock soaring nearly 30% in after-hours trading, marking its best single-day performance since the dot-com bubble.
TradingKey
Wed, Sep 10
Cut to Grow, Novo Nordisk Announces 11% Global Layoffs, Third Profit Forecast Cut This Year
TradingKey - Obesity drug giant Novo Nordisk (NVO.US) announced on Wednesday a major restructuring plan, including 9,000 global job cuts, and delivered its third downward revision to its full-year profit growth guidance in 2025. However, due to its undervalued stock and hopes for cost savings and
TradingKey
Wed, Sep 10
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