HK Movers｜Optical Communication Stocks Jump. Fit Hon Teng Up 13%; Time Intercon And YOFC Up 4%; CIG Up 2%

TradingKey - Software giant Oracle (ORCL) is launching a new round of large-scale layoffs, potentially affecting tens of thousands of employees, as the company pivots aggressively toward AI infrastructure development.

TradingKey - Are central banks collectively selling gold? Since the deterioration of the situation in Iran, the gold market has experienced intense volatility, with gold prices (XAUUSD) plunging as much as 16% at one point in March. Coupled with news of Turkey beginning to sell gold, market concerns

TradingKey - April 3, 2026 — News shook global capital markets as media reports, citing people familiar with the matter, indicated that SpaceX has raised its IPO target valuation to over $2 trillion. If realized, the rocket company would surpass Meta and Tesla to become the world's sixth-largest pub

TradingKey - Tesla is at a clear inflection point. As its stock price continues to retreat, deliveries fall short of expectations, and inventory pressures mount, the market has begun to reevaluate its growth thesis. Valuations previously anchored by high growth and long-term narratives are now facin

TradingKey - During after-hours trading on April 1, 2026, shares of satellite communications company Globalstar (GSAT) surged 24%, with its market capitalization briefly approaching $9 billion. The rally was triggered by an exclusive report from the Financial Times stating that e-commerce giant Amaz