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Chinese ADRs & ETFs Jump. Li Auto up over 6%; Alibaba up 5%; NIO up 4%; Pony AI, GDS Holdings, Bilibili up over 3%
Chinese ADRs & ETFs jumped on Thursday. Li Auto up over 6%; Alibaba up 5%; NIO up 4%; Pony AI, GDS Holdings, Bilibili up over 3%.Alibaba is preparing to list its chipmaking arm, T-Head, Bloomberg News reported on Thursday, citing people familiar with the matter.As a first step, Alibaba plans to rest...Tiger News
Thu, Jan 22
USA Rare Earth Stock Rockets 14% After Selecting Fluor, WSP as EPCM Partners
USA Rare Earth Inc stock rose 14.5% in premarket trading Thursday after the company announced it has selected Fluor Corp and WSP Global Inc as its Engineering, Procurement and Construction Management (EPCM) partners for its Round Top Rare Earth Project in Texas.The company said the selection of thes...Tiger News
Thu, Jan 22
Pre-Bell | Nasdaq Futures Climb 0.83%; Chip Stocks Lead with ARM up 6%, Micron, AMD up over 2%; Alibaba Jumps 4%; Critical Metals Pops over 6%
01 Stock MarketAs of Jan 22, U.S. stock index futures are broadly higher, with strength in the tech-heavy contracts. Dow futures gained 0.27%, S&P 500 futures rose 0.52%, and Nasdaq 100 futures climbed 0.83%. The tone reflects continued optimism around AI-related hardware demand and easing geopoliti...Tiger News
Thu, Jan 22
Musk, Davos' Most High-Profile Critic, Set for First-Ever Appearance
After years of exchanging pointed criticisms with its organizers, billionaire Elon Musk is attending the World Economic Forum in Davos for the very first time.Musk was confirmed as a last-minute participant for a Thursday afternoon session, where he will converse with BlackRock CEO Larry Fink.The ap...Tiger News
Thu, Jan 22
Xiaomi Launches HK$2.5 Billion Automatic Share Buy-Back Program
Xiaomi Corporation has announced the launch of a new Automatic Share Buy-Back Program under which the company may repurchase up to HK$2.5 billion worth of its Class B ordinary shares on the Hong Kong Stock Exchange.The Board of Directors of the company entered into an agreement with an independent b...Tiger News
Thu, Jan 22
Moderna Soars over 5% on Positive Cancer Therapy Results and Analyst Upgrade
Moderna saw its stock price soar 5.12% in pre-market trading, continuing its strong momentum from the previous session. The surge is driven by positive clinical trial results for Moderna's experimental skin cancer vaccine developed in collaboration with Merck & Co. The Phase 2b study showed that add...Tiger News
Thu, Jan 22
Premarket Movers | Rare Earth Stocks Rise With Critical Metals up over 6%, The Metals up over 5%; Nuclear Stocks Gain With Oklo up 4%
Rare earth stocks rose in premarket trading. Critical Metals up over 6%; The Metals up over 5%; UAMY, USA Rare Earth up around 2%.Nuclear stocks gained in premarket trading with Oklo up 4%; NuScale Power up over 3%; Centrus, NANO Nuclear Energy, Lightbridge up over 2%.Tiger News
Thu, Jan 22
Greenland Pension Fund Weighs US Stock Divestment Over Trump's Arctic Ambitions
Greenland's pension fund is considering whether to maintain its investments in US stocks, a move its chief executive describes as a symbolic protest against President Donald Trump's efforts to gain control of the Arctic island.SISA Pension, which manages approximately seven billion Danish kroner ($1...Tiger News
Thu, Jan 22
HK Movers | Pop Mart Jumps as Buybacks Near HK$350 Million; Morgan Stanley Says Financial Resources Remain Ample
Pop Mart shares jumped about 6% in Hong Kong.Pop Mart has recently stepped up share buybacks. On January 19, the company repurchased 1.4 million shares for HK$251 million, followed by another buyback of 500,000 shares on January 21 for approximately HK$96.49 million.Morgan Stanley noted that this ma...Tiger News
Thu, Jan 22
Natural Gas Prices Soar 70% This Week As Cold Wave Grips U.S.—What That Means For You
US natural gas futures jumped more than 70% this week, putting futures on track for their biggest weekly gain in more than three decades, as dangerously cold temperatures are set to take hold of a massive swath of the country.A storm will descend on the US starting Friday, plunging Texas into a deep...Tiger News
Thu, Jan 22
Crypto Daily | Bitcoin Briefly Erases Gains Posted Since the Start of the Year; BitGo Is Said to Price US IPO at $18 Per Share, Above Range
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsBitcoin Briefly Erases Gains Posted Since the Start of the YearBitcoin briefly erased all of its gains registered since the start of the year, with investors remain...Tiger News
Thu, Jan 22
BitGo Is Said to Price US IPO at $18 Per Share, Above Range, Bloomberg Reports
BitGo Holdings priced its initial public offering at $18 per share, above the marketed range, according to people familiar with the matter, Bloomberg reported.The cryptocurrency firm and some of its backers sold 11.8 million shares in the offering, the people said, asking not to be identified as the...Tiger News
Thu, Jan 22
24H | Chip Stocks Jump Again; Moderna Gains 4%; GameStop Rises 3%; Rocket Lab Drops 4%
Chip stocks gained again in overnight trading. Western Digital rose 4%; Micron, SanDisk, Seagate Technology, and Arm rose 3%; Intel, AMD, and ASML rose 2%; Marvell Technology, TSMC, Lam Research, and Applied Materials rose 1%. Moderna shares gained another 4% in overnight trading. Shares ...Tiger News
Thu, Jan 22
HK Movers | Chip Stocks and ETFs Jump With InnoScience up 9%
Chip stocks and ETFs jumped in Hong Kong. InnoScience rose 9%; CSOP Samsung Electronics Daily (2x) Leveraged Product rose 8%; ASMPT rose 7%; CSOP SK Hynix Daily (2x) Leveraged Product rose 6%; Biren Tech, GigaDevice, and Hua Hong Semi rose 4%; SMIC rose 2%.Tiger News
Thu, Jan 22
24H｜SanDisk Stock Rises 2%, Surpassing 1,000% Performance in 6 Months
Chip storage stocks jumped in overnight trading. Western Digital up 4%; SanDisk, Micron up 2%; Seagate up 1%.Sandisk Corp. (SNDK) has advanced more than 1,030% in the past six months, as artificial intelligence has emerged as the top theme in the past years.The pioneer in flash memory became a publi...Tiger News
Thu, Jan 22
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