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Tesla Goes Local — Embracing a “Chinese Brain” to Win Back the Market
TradingKey - Tesla is betting on a “Chinese brain” to reclaim its position in China. Faced with six consecutive months of year-on-year delivery declines in the first seven months of 2025, the American automaker — once celebrated as a technological disruptor in China
Tesla Inc
TradingKey
21 hours ago
Oil prices rise, make weekly gains as Ukraine peace process stalls
Potential stronger sanctions against Russia back in focusPrices also supported by US crude stocks drawdownGerman economic data raises concerns over demandBy Georgina McCartney HOUSTON - Aug 22 (Reuters) - Oil prices steadied on Friday amid uncertainty surrounding a potential peace deal between Ru...
Reuters
Fri, Aug 22
Trump’s “Fed Overhaul Plan”: Replace, Control, Force Rate Cuts
TradingKey - Federal Reserve Governor Lisa Cook is now under mounting political and legal pressure. On August 21, the U.S. Department of Justice sent a letter to Fed Chair Jerome Powell demanding that Cook be immediately removed from the Board, citing allegations of fraudulent loan applications
TradingKey
Fri, Aug 22
Pop Mart Joins Hang Seng Index Blue Chip; New Mini Labubu Launch on Friday Poised to Be a Hit
TradingKey - On August 22, the Hang Seng Index Company announced its quarterly review results, with Pop Mart International (9992.HK) being included as a constituent stock of the Hang Seng Index, elevating it to blue-chip status.
TradingKey
Fri, Aug 22
Ross Stores climbs after beating profit forecasts
** Shares of discount store operator Ross Stores ROST.O rise nearly 2.4% to $149.10 premarket** Co on Thursday topped quarterly profit estimates and reinstated its annual earnings forecast, betting on demand for discounted apparel and accessories as tariffs raise retail prices during the holiday sea
Ross Stores Inc
Reuters
Fri, Aug 22
TSMC Considers Returning Chip Act Subsidies if U.S. Seeks Equity Stake
TradingKey - TSMC is contemplating returning some of the financial support it received from the U.S. under the CHIPS Act if the U.S. government insists on exchanging subsidies for equity stakes. This comes in response to recent U.S. proposals to convert subsidies into government ownership in support
Taiwan Semiconductor Manufacturing Co Ltd
TradingKey
Fri, Aug 22
Japan’s Long-Term Bond Yields Surge in Panic-Like Move — Sticky Inflation, Fiscal Fears, and Overseas Buyers Pull Back
TradingKey - After a weak auction of 20-year Japanese government bonds (JGBs) on Tuesday, August 19, concerns over a potential resurgence of the “Japan bond market storm” have intensified.
USD/JPY
TradingKey
Fri, Aug 22
Chinese ADRs Shine. MINISO up Nearly 8%; NIO up Around 5%; XPeng up 3%; Alibaba, PDD Holdings up About 2%
Chinese ADRs shined in premarket trading. MINISO up nearly 8%; NIO up around 5%; XPeng up 3%; Alibaba, PDD Holdings up about 2%.JPMorgan said in a recent report that it expected the momentum in mainland Chinese equities to persist, as leverage and valuations remained at moderate levels. The US inves...
Tiger News
Fri, Aug 22
Zoom gains after raising outlook on enterprise demand
Zoom Communications ZM.O gains 5.6% to $77.29 premarket
Zoom Communications Inc
Reuters
Fri, Aug 22
Ahead of Nvidia Q2 Earnings, Wall Street Races to Raise Nvidia Price Targets
TradingKey - In the week leading up to Nvidia’s (NVDA) Q2 FY2026 earnings report on August 27, nine Wall Street firms have raised their target prices for the AI chip leader, reflecting broad confidence in its growth outlook.
NVIDIA Corp
TradingKey
Fri, Aug 22
Japanese shares rise as higher yields buoy banks, weak yen lifts autos
By Kevin Buckland TOKYO, Aug 22 (Reuters) - Japanese shares rose on Friday, with higher bond yields buoying banks and insurers and a weaker yen lifting automakers, while investors globally awaited Federal Reserve Chair Jerome Powell's speech later in the day for hints on the path for U.S. pol...
Reuters
Fri, Aug 22
Meta and Google Strike $10 Billion Cloud Deal to Fuel AI Arms Race
TradingKey - Tech giants Meta and Google have reached a landmark cloud computing services agreement valued at over $10 billion with a six-year term—the first major collaboration between the long-standing rivals in the cloud sector.
Alphabet Inc Class A
Meta Platforms Inc
TradingKey
Fri, Aug 22
ChatGPT Builds a “South Asia HQ”? OpenAI Makes a Major Push Into India
TradingKey - OpenAI has officially registered a legal entity in India and announced the opening of its first office in New Delhi, marking the start of local hiring and signaling a deep strategic commitment to the Indian market. This move goes beyond serving a large user base
TradingKey
Fri, Aug 22
Cambrian Hits the 20% Daily Limit, Market Cap Surpasses 500 Billion Yuan;STAR 50 Index Hits Over Three-Year High
TradingKey - On August 22, Chinese A-share chip stocks witnessed a significant rally, led by Cambrian, which surged over 19% during intraday trading to surpass 1,200 yuan per share, marking a new historical high and pushing its market capitalization beyond 500 billion yuan.
TradingKey
Fri, Aug 22
Nvidia CEO in Taipei to visit TSMC, says in talks with US over new China chip
Jensen Huang's trip comes amid escalating US-China tech tensionsHuang says decision on H20 successor is up to the U.S. Nvidia asks Foxconn to stop work related to H20 chip, sources sayBy Ben Blanchard and Wen-Yee Lee TAIPEI, Aug 22 (Reuters) - Nvidia NVDA.O CEO Jensen Huang arrived in Taipei ...
Reuters
Fri, Aug 22
Microsoft AI CEO warned that the idea of conscious AI is dangerous
Microsoft AI boss, Mustafa Suleyman, cautioned that it was dangerous to entertain the idea of AI consciousness, adding that it could easily harm psychologically vulnerable people. He pointed out that moral consideration for advanced AI created dependence-related problems that could worsen delusions.
Microsoft Corp
Cryptopolitan
Fri, Aug 22
Nvidia H20 Chip “Backdoor” Controversy Escalates as Reports Say Nvidia Asks Suppliers to Halt H20 Production
TradingKey - According to The Information, citing unnamed sources, Nvidia (NVDA), the global leader in AI chips, has instructed key suppliers including Samsung Electronics and Amkor to pause production related to its H20 chip. This supply chain disruption, triggered by allegations of a security
NVIDIA Corp
TradingKey
Fri, Aug 22
Japanese shares rise as higher yields buoy banks, weak yen lifts autos
TOKYO, Aug 22 (Reuters) - Japanese shares rose on Friday, with higher bond yields buoying banks and insurers and a weaker yen lifting automakers, while investors globally awaited Federal Reserve Chair Jerome Powell's speech later in the day for hints on the path for U.S. policy.
Reuters
Fri, Aug 22
Investors Overreact to Walmart Q2 Earnings? Former CEO and Morgan Stanley Defend the Long-Term Story
TradingKey - Despite the impact of tariffs, Walmart (WMT), the largest U.S. retailer, delivered a 4.8% year-over-year revenue growth in Q2 — exceeding expectations. However, its first profit miss in three years dragged down the stock. The former CEO said the market’s reaction is unfounded, and
Walmart Inc
TradingKey
Fri, Aug 22
Japan’s Inflation Hovers Well Above BOJ’s Goal Even as It Slows
Japan’s prices remained far above the BOJ’s target in July, even with a slowdown, and traders still expect another rate hike this year.
Cryptopolitan
Fri, Aug 22
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