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“Cockroach Hunt” Over? After Loan Portfolio Reviews, U.S. Regional Banks Say: This Isn’t 2023
TradingKey - Recent failures at smaller financial institutions and loan write-offs over the past month have raised fears of a repeat of the 2023 regional banking crisis. However, based on Q3 earnings reports and internal credit portfolio reviews, recent bad debt incidents may not signal systemic
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Fri, Oct 24
Pre-Bell｜Wall St Futures Rise; NEXTracker Surged 14%; Intel Jumped 7%; Deckers Dropped 12%; Newmont Tumbled 7%
Futures tracking Wall Street's main indexes ticked up on Friday, fueled by Intel's earnings, while investors braced for a high-stakes inflation report that could hurt the chances of a December rate cut.Market SnapshotAt 07:44 a.m., Dow E-minis were up 67 points, or 0.14%, Nasdaq 100 E-minis were up ...Tiger News
Fri, Oct 24
Crypto Shares Shined. Bitfarms up 11%; Canaan, Iren, Cipher And Bakkt Up 6%; Hut 8 and CEA up 5%; TeraWulf up 4%; Bit Digital up 3%; BitMine up 2%
Crypto Shares Shined in premarket. Bitfarms up 11%; Canaan, Iren, Cipher And Bakkt Up 6%; Hut 8 and CEA up 5%; TeraWulf up 4%; Bit Digital up 3%; BitMine up 2%.Tiger News
Fri, Oct 24
Premarket Movers | Nextracker Soars 14%; Beyond Meat Rallies 10%; Quantum Stocks Jump With QBTS Up 5%; Oracle, Alphabet Rise over 1%
Nextracker shares jumped 14% in premarket trading after the solar technology platform provider reported second-quarter fiscal 2026 earnings that nearly doubled analyst expectations and raised its full-year outlook amid robust global demand.Beyond Meat shares rebounded 9.5% in premarket trading. Shor...Tiger News
Fri, Oct 24
Google Deploys Gigawatt-Scale TPU Power for Anthropic in 'Over $10 Billion' AI Deal
TradingKey - The hardware race in artificial intelligence has reached a heavyweight transaction. Alphabet Inc.'s Google Cloud has announced it will provide up to 1 million of its custom-designed Tensor Processing Unit (TPU) chips to rapidly rising AI startup Anthropic.
TradingKey
Fri, Oct 24
Super Micro Q1 Revenue Forecast Misses Expectations, Shares Plunge 8% - Is Market Trust Waning?
TradingKey - On October 23, AI server manufacturer Super Micro announced that it now expects fiscal Q1 2026 revenue (ending September 30) to be $5 billion, falling short of the earlier prediction of $6-7 billion. This revelation caused its stock to tumble over 8% to $47.92.
TradingKey
Fri, Oct 24
Pop Mart Crashes 4%: Is the Labubu Craze Finally Running Out of Magic?
POP MART shares fell nearly 4% on Friday after investors began questioning whether its stunning third-quarter momentum can last. The Beijing-based toy maker, known for its viral Labubu dolls, reported up to 250% revenue growth in the three months through September, a performance that initially lifte...Tiger News
Fri, Oct 24
Crypto Daily | BNB Rises to $1,140 As Binance Founder Zhao Wins Trump Pardon in Latest Clemency
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsBitcoin(BTC) Surpasses $111,000 with a 2.1% Increase in 24 HoursBitcoin has crossed the $111,000 benchmark and is now trading at $111,200, with a narrowed 2.1% incr...Tiger News
Fri, Oct 24
Intel's Stellar Q3: First Earnings Since CHIPS Act Funding Blow Away Estimates, Stock Surges 8% After Hours
TradingKey - Chip giant Intel released its first quarterly earnings report since the U.S. government became a shareholder, with core financial metrics comprehensively exceeding market expectations and achieving profitability for the first time since the end of 2023, providing strong evidence for...
TradingKey
Fri, Oct 24
Apple FQ4 Preview | iPhone Sales Expected to Rise About 7%; Services Sales Might Increase 13%
Apple is set to release its Fiscal Q4 2025 results on Oct. 30 after the US market closes. Apple's Q4 revenue is expected to be $102.1 billion, up 7.57% year-on-year. Earnings per share is expected to grow 7.72% YoY to $1.767, according to data from Tiger Trade App.Source: Tiger Trade AppThree Things...Tiger News
Fri, Oct 24
Meituan Plans Debut Dim Sum Bonds in Up to $1.4 Billion Sale, Bloomberg Reports
Chinese food delivery company Meituan is looking to raise 9 billion to 10 billion yuan ($1.26 billion to $1.4 billion) in its maiden dim sum bond offering, according to people familiar with the matter, adding to a wave of recent issuance in the increasingly hot market, Bloomberg reported.Hong Kong-l...Tiger News
Fri, Oct 24
24H | Crypto Shares Rise With Bitfarms up 11%; Nuclear Stocks Jump With Energy Fuels up 7%; Chip Stocks Gain With Navitas up 3%, SOXL up 2%
Chip stocks rose in overnight trading, lifted by Intel. Navitas up nearly 3%; SOXL up 2%; STM, AMD, Broadcom, SMCI up over 1%.Intel beat expectations for September-quarter profit as CEO Lip-Bu Tan's drastic cost-cutting measures helped the chipmaker shore up its finances amid a slew of high-profile ...Tiger News
Fri, Oct 24
Yip’s Chemical to Acquire Approximately 60% Interest in a Leading Enterprise in Chemical Vapours Emissions Management for RMB288 million
【FOR IMMEDIATE RELEASE】24 October 2025Yip’s Chemical to Acquire Approximately 60% Interest ina Leading Enterprise in Chemical Vapours Emissions Management for RMB288 millionThe transaction facilitates expansion into the specialised segment for the management of chemical vapours emissions, accelerating the transformation into a leading development platform for chemical businesses(Hong Kong, 24 October 2025) – Yip’s Chemical Holdings Limited (SEHK: 00408) (“Yip’s Chemical” or the “Company”, together with its subsidiaries, the “Group”) today announced that its indirect wholly-owned subsidiary, Yip’s Puricycle Management (Shenzhen) Company Limited, has entered into a conditional sale and purchase agreement to acquire an aggregate of approximately 60% equity interest in Beijing Sino-Hypro Petrochemical Tech. Co., Ltd. (“Sino-Hypro”), a leading enterprise in the PRC engaged in the research, design, manufacturing and provision of specialised systems solutions for managing chemical vapours emissions generated during the production, storage and transportation of chemicals, oil and gas. This transaction marks a key step in the Company’s strategy to diversify its business portfolio, enhance its technological capabilities and tap into niche sectors of environmental protection.Under the terms of the agreement, Yip’s Chemical will acquire a total of approximately 60% of Sino-Hypro from one of the founders Mr. Zhang Guorui and his spouse. The consideration comprises an initial cash payment of RMB288 million and a contingent component, with the final amount determined by Sino-Hypro’s audited consolidated net profit after tax for the three-year period ending 31 December 2028 (“Actual Profit”). Accordingly, the total consideration will range from RMB254.4 million to RMB384 million, subject to the Actual Profit to be achieved between RMB150 million and RMB300 million. Consolidated net profit after tax of Sino-Hypro for the year ended 31 December 2024 amounted to approximately RMB55.7 million. The transaction is expected to close by the end of 2025, subject to customary closing conditions.Sino-Hypro is well positioned in the chemical vapours emissions management sector. Mr. Zhang together with other senior management and the research and development team, have cultivated deep expertise in this field over the years. The target group holds more than 10 patents and 20 software copyrights covering a wide range of chemical vapours capture and treatment technologies, and has established solid technological barriers. These technologies are extensively used in managing chemical vapours emissions across industries including petrochemical, coal chemical, oil depot, and shipping terminal sectors, allowing customers to benefit from the economic value of the otherwise wasted vapours and from more environmentally friendly processes that are in line with increasingly stringent environmental regulations. Sino-Hypro serves reputable energy companies, major local and multinational chemical companies, and state-owned enterprises across the PRC. Mr. Ip Kwan, Francis, Chief Executive Officer of Yip’s Chemical, commented, “We are pleased to welcome Sino-Hypro to our chemical businesses platform. This acquisition represents a significant milestone in our strategic expansion into green and technology-driven chemical vapours emissions management sector. This enhances our capabilities beyond our core businesses in coatings, inks, and lubricants, and creates long-term growth and value for our shareholders. We believe that by leveraging Sino-Hypro’s cutting-edge technologies and strong market position with Yip’s Chemical’s extensive upstream supplier network, we can create synergies that support business expansion domestically and internationally. At the same time, Sino-Hypro will continue to expand by seizing opportunities driven by the growing demand for environmental solutions.”Mr. Zhang Guorui, founder of Sino-Hypro remarked, “We are excited to join forces with Yip’s Chemical, a respected leader in the chemical industry with a robust network and advanced management systems. Since our establishment, we have focused on developing specialised emissions management technologies that address critical environmental and industrial needs. Through this collaboration, we anticipate that Yip's Chemical, with its industry expertise, extensive resources, and professional management team, will support us in improving operational efficiency, deepening our R&D investment to reinforce technological advantages, and expanding our market reach to serve more customers across the globe. We firmly believe that Yip’s Chemical’s platform and strategic vision will facilitate our continued development and growth.”In 2023, Mr. Francis Ip was appointed as the Chief Executive Officer of the Group. Since then, Yip’s Chemical has been looking for expansion opportunities beyond its current core businesses, particularly in areas that improve the environment and chemicals related to new energy sectors. At the same time, the targeted opportunities must also create synergies with the Group’s core competencies and support long-term development. The acquisition of Sino-Hypro aligns perfectly with Yip’s Chemical’s transformation strategy, accelerating its evolution into a leading development platform for chemical businesses.-End-About Yip’s Chemical Holdings Limited (Incorporated in the Cayman Islands with limited liability) (SEHK: 00408) Established in 1971 and listed on the Hong Kong Stock Exchange since 1991, Yip’s Chemical’s long-term vision is to become a leading development platform for chemical businesses driven by green, innovative technology and services and highly respected brands that enrich people’s lives. Yip’s Chemical’s core businesses and significant investments in China include: The No.1* Inks Company: Yip’s Ink & Chemicals Group with “Bauhinia Variegata” ink brand A Top Specialised Industrial Coatings Company: Hang Cheung Coatings A Top Architectural Coatings Company: Bauhinia Advanced Materials Group with well-known brands such as “Bauhinia” and “Camel” A Top Specialised Resin Company: Da Chang Polymers A Top Lubricants Company: Yip’s Lubricant operating “Hercules” and “Pacoil” brands Yip’s Chemical is a significant investor in Handsome Chemical, the biggest acetate solvents company in the world. The Group’s core businesses have established leading positions in China with an extensive manufacturing and sales network covering all major regions. It aims to leverage on Yip’s Chemical’s stable shareholder base, the position as a listed company in Hong Kong, and the strong reputation and experience in the chemicals industry to continuously build and invest in strong businesses in niche markets and grow Yip’s Chemical’s platform.*Bauhinia Variegata Ink ranked 16th in the “2025 Top International Ink Companies Report” released by the US inks magazine Ink World and ranked 1st in the PRC in terms of sales revenue.Media and Investor EnquiriesYip’s Chemical Holdings LimitedMs. Wing So Tel：(852) 2675 2385Email：wing.so@yipschemical.com Fax：(852) 2675 2345DLK Advisory LimitedMs. Michelle Shi Tel: (852) 2854 8711 Email: michelleshi@dlkadvisory.com Ms. Kathleen Mui Tel: (852) 2854 8727 Email: kathleenmui@dlkadvisory.com File: 408_M&A PR_EN_2025102424/10/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comView original content: EQS NewsEQS
Fri, Oct 24
24H | Nextracker Soars 13%; Beyond Meat Rallies 9%; Intel Jumps 8%; Quantum Stocks Jump Again; Ford Gains 2%
Nextracker shares jumped 12.9% in overnight trading after the solar technology platform provider reported second-quarter fiscal 2026 earnings that nearly doubled analyst expectations and raised its full-year outlook amid robust global demand.Beyond Meat shares rebounded 9.2% in overnight trading. Sh...Tiger News
Fri, Oct 24
Record $38 Billion Debt Sale Nears for Oracle-Tied Data Centers, Bloomberg Reports
Banks are preparing to launch a $38 billion debt offering as soon as Monday that will help fund data centers tied to Oracle in what would be the largest such deal for artificial intelligence infrastructure to come to market, according to people with knowledge of the matter,
Tiger News
Fri, Oct 24
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