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Pop Mart Hits New Heights: Labubu Dominates the Global Toy Trend!
TradingKey - Recently, Pop Mart (09992.HK) has shown outstanding performance in both the capital market and the toy market. On Tuesday, its stock price briefly touched HKD 262, setting a new historical record. Since the beginning of this year, Pop Mart's stock has risen by over 180%, and since FebruTradingKey
Tue, Jun 10
Huawei chips are one generation behind US but firm finding workarounds, CEO says
BEIJING, June 10 (Reuters) - Huawei Technologies' HWT.UL chips are one generation behind those of U.S. peers but the firm is finding ways to improve performance through methods such as cluster computing, Chinese state media quoted CEO Ren Zhengfei as saying on Tuesday.Reuters
Tue, Jun 10
Asian stocks climb, FX steady as US-China trade talks set to continue
June 10 (Reuters) - Stock markets in Asia climbed on Tuesday and regional currencies were little changed against a steady U.S. dollar, as investors monitored the second day of trade negotiations between the United States and China.Reuters
Tue, Jun 10
Bitcoin Price Breaks Through $110,000 as Bitcoin ETF Scale Hits Milestone
TradingKey - With positive progress in China-U.S. trade negotiations, improved Trump-Musk relations, and ongoing advancement of the U.S. stablecoin legislation, Bitcoin's price has rebounded above the $110,000 mark and is approaching its all-time high. Against a backdrop where diversified investment
China-U.S. London Talks Signal Strongest Concessions Yet, Chip Stocks Surge! Hassett Says "Any" Export Controls to Be Eased
TradingKey - During the first day of the first meeting of the China-U.S. economic and trade consultation mechanism in London, the U.S. conveyed positive progress and a willingness to make broad concessions. News of potential eased semiconductor export restrictions to China boosted the semiconductor
TradingKey
Tue, Jun 10
Japan's super-long bonds rise after report of possible bond buybacks
TOKYO, June 10 (Reuters) - Japan's super-long government bond prices rose on Tuesday, after Reuters reported that the government is considering buying back some super-long-dated bonds in a move to contain rising yields.Reuters
Tue, Jun 10
Bitcoin Set For Dramatic Repricing As Wall Street Piles In: Cathie Wood
Appearing on the Diary of a CEO podcast, ARK Invest founder Cathie Wood said that the “green-light” approval of spot-Bitcoin exchange-traded funds in January 2024 has only just opened the gates to what she called an “institutional land-rush” for the asset.
Bitcoinist
Tue, Jun 10
Oil inches up, outcome of US-China trade talks awaited
By Anjana Anil June 10 (Reuters) - Oil prices edged up on Tuesday as market participants waited for the outcome of U.S.-China talks that could pave the way for easing trade tensions and improve fuel demand.Brent crude futures LCOc1 edged up 12 cents to $67.16 a barrel at 0041 GMT. U.S. West TexasReuters
Tue, Jun 10
GRAINS-Wheat near one-week low on harvest pressure; soybeans firm
SINGAPORE, June 10 (Reuters) - Chicago wheat slid for a second session on Tuesday, with prices close to a one-week low on pressure from the Northern Hemisphere harvest and a forecast of higher output in top exporter Russia.Reuters
Tue, Jun 10
US STOCKS-S&P 500 ends slightly up; traders watch US-China trade talks
June 9 (Reuters) - The S&P 500 ended slightly higher on Monday, lifted by Amazon and Alphabet, while investors watched U.S.-China negotiations aimed at mending a trade dispute that has rattled financial markets for much of the year.Reuters
Tue, Jun 10
US yields slide as market eyes inflation data, US-China talks
June 9 (Reuters) - U.S. Treasury yields were modestly lower on Monday afternoon, after rising on Friday following an unexpectedly strong May jobs report. The uptick in demand for Treasuries came ahead of planned auctions for three-, 10- and 30-year U.S. notes and bonds this week and U.S. inflation..Reuters
Tue, Jun 10
Amazon ready to spend $20 billion in building AI and cloud computing data centers in Pennsylvania
Amazon has announced that it will spend at least $20 billion in Pennsylvania to build out its data centers to support technologies like artificial intelligence (AI) and cloud computing. The first places chosen to host these future innovation centers are Salem Township and Falls Township.
Cryptopolitan
Tue, Jun 10
Apple opens its AI to developers but keeps its broader ambitions modest
CUPERTINO, California, June 9 (Reuters) - Apple AAPL.O announced on Monday a slew of artificial intelligence features including opening up Apple Intelligence's underlying technology in a modest update of its software and services as it lays the groundwork for future advances.
Reuters
Tue, Jun 10
GLOBAL MARKETS-Stocks climb, dollar dips with US-China trade talks eyed
NEW YORK, June 9 (Reuters) - Global stocks climbed on Monday while the dollar retreated as talks began in London between the United States and China, aimed at cooling a trade dispute between the world's two largest economies.Reuters
Tue, Jun 10
Nvidia CEO says UK needs computing power to develop AI
LONDON, June 9 (Reuters) - Britain lacks the computing infrastructure to deliver the full potential of its leading artificial intelligence research base, Nvidia's NVDA.O CEO said on Monday, as the UK partners with the U.S. chipmaker for a new AI testing environment.Reuters
Mon, Jun 9
China Approves Certain Export License Applications, Global Rare Earth Stocks Surge
TradingKey - On the evening of Saturday, June 7, China's Ministry of Commerce announced that it has approved a certain number of rare earth export applications in compliance with the law. This news sparked a significant rally in related stocks on Monday.TradingKey
Mon, Jun 9
Term Premium Soars to 11-Year High! Bond Traders Brace for US Treasury Auction This Week
TradingKey - The recent performance of U.S. Treasury auctions has consistently fallen short of market expectations. Data from the New York Federal Reserve shows that the term premium on 10-year Treasuries is now at an 11-year high.TradingKey
Mon, Jun 9
Meta Commits Billions to Scale AI Partnership, $10Billion Funding Could Be Largest Ever External AI Investment！
TradingKey - According to the latest reports from Bloomberg, Meta Platforms, the parent company of the globally renowned social media platform Facebook, is in talks for an investment of several billion dollars with AI startup Scale AI. This financing could exceed $10 billion, potentially making it..
TradingKey
Mon, Jun 9
Apple WWDC 2025 May Face Doldrums: "Apple Intelligence" Delay, Siri Struggles Stall AI Push; Shares Slide 18% in 2025
TradingKey - The WWDC 2025, which kicks off on June 9, Eastern Time, may become one of Apple’s (NASDAQ: AAPL) most disappointing developer conferences in recent years. Recent reports indicate that the rollout of Apple’s core AI feature, "Apple Intelligence," has been delayed. While upgrading Siri...TradingKey
Mon, Jun 9
AI Becomes Artificial Stupidity? Apple AI Research: Reasoning Models Overthink Simple Questions and Collapse on Complex Ones
TradingKey - As concerns grow over whether Apple (AAPL), the iPhone maker, is falling behind in the global race for artificial intelligence, a recent research paper from Apple has exposed what it calls the “illusion of intelligence” in today’s popular large reasoning models (LRMs).
TradingKey
Mon, Jun 9
