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Pop Mart's Net Profit Soars Nearly 400% in First Half; Labubu Generates 4.8 Billion Yuan in Revenue
TradingKey - On August 19, Pop Mart disclosed its financial results for the first half of the year, revealing significant boosts in both revenue and profit, driven by the global appeal of Labubu. Revenue surged about 200%, while profit surged close to 400%.TradingKey
Tue, Aug 19
Dual Leaders Emerge in Battery Swapping: NIO Leads in Network, CATL Bets Big on Infrastructure
TradingKey - As a pioneer of the battery-swapping model in China, NIO has built over 3,000 swap stations nationwide, with users completing more than 30 million battery swaps cumulatively.
TradingKey
Tue, Aug 19
H20’s “Backdoor” Scandal Unresolved — Why Is NVIDIA Pushing Another China-Specific Chip?
TradingKey - After the partial lifting of export restrictions on its H20 chip in China, NVIDIA is accelerating the development of its next-generation product tailored for the Chinese market. According to Reuters, citing sources on August 19
TradingKey
Tue, Aug 19
ARM Poaches Amazon AI Chip Chief; Accelerates Custom Silicon Shift
TradingKey - According to Reuters, global semiconductor intellectual property giant Arm has successfully hired Rami Sinno, former head of Amazon’s artificial intelligence (AI) chip division, reflecting the company’s latest progress in accelerating strategic transformation and building an in-house...
TradingKey
Tue, Aug 19
Dollar-Pegged Stablecoins Fuel U.S. Treasury Demand — Japan and South Korea Race to Launch Local Alternatives
As the supply of U.S. dollar-backed stablecoins surges, Japan and South Korea are accelerating efforts to develop their own yen- and won-based stablecoins, aiming to keep pace with global digital currency trends.
TradingKey
Tue, Aug 19
S&P Maintains US Credit Rating, Anticipates Tariff Revenue Will Offset Tax Bill Deficit
TradingKey - On Monday, August 18, S&P Global Ratings, one of the world's three major credit rating agencies, announced that it is maintaining the United States’ sovereign credit rating. The long-term rating remains at AA+, the short-term rating at A-1+, and the long-term credit outlook is stable.TradingKey
Tue, Aug 19
Short Sellers Target the “Most Expensive Stock” in the S&P — Is Palantir Worth Less Than $40?
TradingKey - AI trading enthusiasm remains strong, with AI analytics software company Palantir’s stock surging 130% year-to-date. While its Q2 earnings highlighted strong growth, its shockingly high valuation remains a key target for short sellers. Well-known short-seller and founder of Citron
TradingKey
Tue, Aug 19
Has Novo Nordisk Hit Bottom? 50% Price Cut and MASH Exclusivity Spark Growth Momentum
TradingKey - Amid competition from Eli Lilly and generic drugmakers, obesity drug leader Novo Nordisk (NVO) has seen its stock nearly halved year-to-date. After reporting a below-expected Q2 earnings, Novo Nordisk’s shares appear to be recovering from a bottom, driven by a 50% price reduction for
TradingKey
Tue, Aug 19
Over 100,000 Traders Liquidated — Crypto Fear & Greed Index Drops to 53, Bitcoin Rebound May Be Near
On Tuesday, August 19, Bitcoin (BTC) continued its downward slide, falling nearly 1% and briefly dipping below $115,000, marking a three-week low. Ethereum (ETH) also dropped more than 2%, trading near $4,200, its lowest level in a week.
Home Depot Set to Deliver Another Solid Quarter — U.S. Sales Poised for Third Straight Gain Amid Tariff and Rate Resilience
TradingKey - U.S. home improvement giant Home Depot (HD) will release its Q2 2025 earnings before the market opens on August 19. Analysts expect Home Depot to maintain its advantage in navigating tariff and interest rate challenges, with the company likely delivering another quarter of modest growth
TradingKey
Tue, Aug 19
Iron Ore & Coal Price Collapse Crushes Miners: BHP Profit Plunges 26%
TradingKey - Global mining giant BHP (BHP.US) reported full-year earnings showing annual profits declined 26% year-on-year to a five-year low, driven by sustained pressure from falling iron ore and metallurgical coal prices alongside weak demand.
TradingKey
Tue, Aug 19
SEC Delays Approval of Truth Social and Other ETFs — “Altcoin Season” Pushed to October
TradingKey - On August 18, the U.S. Securities and Exchange Commission (SEC) announced it is delaying decisions on several cryptocurrency ETF applications. With the SEC now pushing ETF decisions to around October, the next wave of altcoin momentum could re-emerge in late autumn.
Why Is Intel Falling Despite Government Support? The ‘Grant-for-Equity’ Model Backfires
TradingKey - Investor enthusiasm quickly faded after reports emerged that the U.S. government is considering converting grants from the CHIPS and Science Act into a 10% equity stake in Intel — a move that has raised skepticism and concerns.
TradingKey
Tue, Aug 19
Palantir Stock Falls Another 2%. Shares Have Retreated About 10% From Its High
Palantir stock fell another 2% on Monday. Shares have retreated about 10% from its high.Citron Research founder and famed short seller Andrew Left is now targeting the same group of investors by shorting Palantir Technologies, a popular retail darling.Tiger News
Mon, Aug 18
South Korea’s biggest banks to meet Circle over stablecoin partnership
South Korea’s four largest banks—KB Kookmin, Shinhan, Hana, and Woori—are allegedly getting ready to meet Circle to discuss a potential alliance in the stablecoin market. The meeting, which is planned to occur during Tarbert’s visit to Seoul this month, is part of the banks’ efforts to gain accessCryptopolitan
Mon, Aug 18
European Defense Stocks Rally as Markets Bet on Europe's Steadfast Support for Ukraine Amid Trump-Zelenskyy Tensions
TradingKey - On Monday, European stock markets saw most major indices decline, yet defense stocks bucked the trend by climbing higher amid market bets on increased European defense spending.TradingKey
Mon, Aug 18
Google Doubles Down on Bitcoin Miner TeraWulf — Could It Be the Next CoreWeave?
TradingKey - TeraWulf (Nasdaq: WULF) announced on Thursday morning (U.S. Eastern Time) that Alphabet’s Google will provide an additional $1.4 billion in support, sending the company’s shares up more than 7% in pre-market trading.
TradingKey
Mon, Aug 18
Ahead of Jackson Hole, Wall Street Question the Case for Fed Rate Cuts
TradingKey - As markets eagerly await Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole Symposium this Friday, any signals he delivers will be closely scrutinized for insights into future monetary policy.TradingKey
Mon, Aug 18
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SpaceX Stock Price Forecast: SpaceX Short Bets Surge, Musk Warns Short Sellers May Pay the Price, Can the Stock Price See a Reversal?
SK Hynix Denies Acquiring Intel US Fab, Shares Fall Below $1,347 Level
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