Search
News
EA’s $55 Billion Going-Private Deal Faces Skepticism from Wall Street on Timing
TradingKey - Recently, video game giant Electronic Arts (EA) announced plans to go private at a valuation of approximately $55 billion. The news continued to lift the stock, with EA shares rising another 4.5% on Monday (U.S. Eastern Time).
TradingKey
Tue, Sep 30
Leon Inspection (1586.HK) 2025 Interim Report Insights: AI-Driven Transition Leads TIC Innovation, Commodity Business Qualifications Solidify Growth Foundation
In the first half of 2025, amid a volatile global economic landscape and uncertainties in the commodity market, Leon Inspection delivered a performance driven by its dual strategy of "Globalization × AI" while maintaining a focus on "heavy R&D and long-term vision." The Company achieved revenue of approximately HKD 602.8 million, with profit attributable to shareholders for the period at approximately HKD 40.7 million. Despite short-term profit pressures due to strategic investments, the Company made breakthrough progress in AI technology implementation, commodity business expansion, and ESG capability development, laying a solid foundation for medium- to long-term value growth.AI Strategy Fully Implemented, Inspection Business Enters a New AI EraThe year 2025 marks the "Year of AI Empowerment" for Leon Inspection. The Company’s independently developed "Leon AI System" has been successfully deployed in three core scenarios: energy inspection, quality prediction, and safety management, signifying the formal transition of traditional inspection services into a new phase of "AI-driven" operations. Through the deep integration of large-scale AI models with inspection data, the Company has achieved dual breakthroughs in enhancing detection efficiency and reducing reliance on manual processes. Additionally, by integrating IoT and multimodal AI technologies, the Company is actively advancing the development of a safety intelligence platform, providing innovative solutions for enterprise safety management. Looking ahead to the second half of the year, the Company plans to promote the global deployment of its AI system, with a focus on pioneering areas such as cross-border inspection AI mutual recognition and AI-driven carbon emission accounting, further consolidating its technological leadership.Commodity Business Qualifications Strengthened Core Competitive MoatAs the cornerstone of its business, Leon Inspection continued to achieve significant breakthroughs in the commodity inspection sector. In the first half of 2025, the Company secured two additional qualifications as a designated inspection agency for the Shanghai Futures Exchange’s cast aluminum alloy futures and the Guangzhou Futures Exchange’s polysilicon futures.With these additions, Leon has become one of the few third-party inspection agencies in China to hold comprehensive qualifications across all five major futures exchanges, covering 13 core futures categories, including base metals, new energy materials, ferrous metals, and energy chemicals. This complete qualification matrix not only reflects the high recognition of Leon’s professional capabilities by regulators and the market but also establishes a unique advantage in the inspection of new energy materials, laying a solid foundation for serving leading global commodity clients.Below is the list of futures inspection qualifications obtained by the Group and its subsidiaries from major exchanges to date: Exchange Futures products Shanghai Futures Exchange Copper, aluminum, zinc, lead, nickel, tin, alumina, cast aluminum alloy Dalian Commodity Exchange Coking coal, coke, iron ore Zhengzhou Commodity Exchange Thermal coal, ferrosilicon, manganese-silicon Guangzhou Futures Exchange Industrial silicon, lithium carbonate, polysilicon Shanghai International Energy Exchange Bonded copper Global Network Continues to Expand, Emerging Markets Yield Significant ResultsLeveraging its expanding global network, Leon Inspection has achieved notable success in its international expansion. As of June 2025, the Company’s global branches and professional laboratories increased to 80, spanning 19 countries, with a global workforce of 3,574 employees. In emerging markets, particularly resource-rich regions such as Africa and the Middle East, the Company has established localized teams to provide comprehensive inspection and testing services for energy and mining enterprises, effectively supporting the needs of global resource supply chains.ESG Strategy Fully Implemented, Green Service Chain Value Becomes EvidentCentered on its ESG sustainability strategy, the Company has developed a comprehensive green service ecosystem, establishing full-chain service capabilities in clean energy, environmental protection, and climate change. As a core trader in the Beijing Carbon Market, the Company was awarded the "2024 Best Transaction Award" in the first half of the year, earning authoritative recognition for its carbon asset development and trading capabilities. As global carbon market regulations become clearer, Leon will leverage its professional expertise in carbon market mechanisms to assist more enterprises in aligning with international emission reduction frameworks.Outlook: Building on Commodities, Advancing Green Initiatives, and Driving IntelligenceLooking forward, Leon Inspection will focus on three key development directions: continuing to advance the deep application of AI technology across all inspection scenarios to create an industry-leading AI service platform; deepening its presence in emerging markets to establish an efficient cross-border inspection service network; and seizing opportunities in the global carbon market to become a leading low-carbon comprehensive service provider in the Asia-Pacific region.Mr. Li Xiangli, Chairman and CEO of the Group, stated: "Our investments in AI technology R&D, global network expansion, and qualification development in the first half of the year reflect strategic choices aimed at long-term value creation. The deep integration of AI with traditional inspection services not only enhances service efficiency but, more importantly, builds a technological moat that is difficult to replicate. Combined with our comprehensive qualifications in the commodity business and first-mover advantage in ESG, the Company is well-prepared to embrace broader growth opportunities in the TIC industry."30/09/2025 Dissemination of a Marketing Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Tue, Sep 30
Spot Gold Falls 0.42% to $3,817.43/Oz. Gold Stocks Drop With Harmony Gold Down over 3%; Coeur Mining, Anglogold Down over 2%
Spot Gold fell 0.42% to $3,817.43 per ounce, reversing an initial gains of 1%.Gold stocks fell in premarket trading. Harmony Gold down more than 3%; Coeur Mining, Anglogold down over 2%; Barrick Mining, Gold Fields down over 1%.Tiger News
Tue, Sep 30
China-BHP Tensions Mount as State-run CMRG Moves to Block All BHP Iron Ore Shipments
TradingKey - Amid a breakdown in long-term contract negotiations, China has escalated its pressure on BHP Group, Australia’s largest company and the world’s biggest mining firm, imposing a sweeping restriction: halting all new purchases of BHP iron ore shipments.
TradingKey
Tue, Sep 30
Premarket Movers | EchoStar Stock Jumps 7%; Novo Nordisk, BHP Fall Around 2%; Energy Fuels Sinks 7%; Firefly Aerospace Plunges 11%
Novo Nordisk shares fell 2.6% in premarket trading. Morgan Stanley analysts say a trial to test whether Novo Nordisk’s blockbuster weight-loss drug also will work against Alzheimer’s is likely to fail, as it set the most pessimistic target price forecast of any Wall Street bank on the Danish drugmak...Tiger News
Tue, Sep 30
Intel Drops Another 1.7% as TSMC Dismisses Report of Intel Partnership Talks
Taiwan Semiconductor Manufacturing reiterated that it has not held talks with any company regarding potential investments or partnerships, dismissing a Wall Street Journal report suggesting Intel had approached the chipmaker for support.Shares of Intel dropped 1.7% in premarket trading.TSMC emphasiz...Tiger News
Tue, Sep 30
Riding the Gold Bull Market, Zijin Gold International Soars 66% on IPO Day
TradingKey - Zijin Gold International, the overseas gold asset platform of China’s largest mining company Zijin Mining, made its debut on the Hong Kong Stock Exchange on September 30. As of this report, its shares had surged 66% to HK$119, pushing its market capitalization to HK$300 billionTradingKey
Tue, Sep 30
Tesla Third-Generation Humanoid Robot Mass Production in 2026
TeslaAI announced that Tesla is working to scale up its humanoid robots, planning to launch the third generation by the end of 2025 and begin mass production in 2026, with Elon Musk expecting annual production to reach 1 million units by 2030.Tiger News
Tue, Sep 30
Wolfspeed Soars 30% After Cancels Its Old Stock And Issues New Shares As Part Of Restructuring Plan
Wolfspeed canceled its previously issued and outstanding shares on Monday as part of a bid to slash debt and exit bankruptcy.Shares of Wolfspeed jumped another 30.6% in premarket trading on Tuesday.The semiconductor company noted in a Form 8-K filed with the Securities and Exchange Commission that e...Tiger News
Tue, Sep 30
Robinhood’s Prediction Market Boom Sends Stock Soaring Over 12% in a Single Day
TradingKey - Robinhood (HOOD.US) CEO Vladimir Tenev announced on social platform X that cumulative trading volume on the company’s prediction markets has surpassed 4 billion contracts. This surge in activity propelled Robinhood’s shares up more than 12% on Monday
TradingKey
Tue, Sep 30
Huitongda: Winner of “Best ESG Pioneer and Practices – Listed Company” Award at 2025 “Golden Kunpeng” China Financial Value Rankings
Huitongda Network Co., Ltd. (9878.HK), a leading industrial internet company in China that empowers rural family-owned stores with its digital technology and supply chain capabilities, is pleased to be recognized for its outstanding ESG performance in China’s lowe-tier markets, receiving the “Best ESG Pioneer and Practices – Listed Company” Award at “Golden Kunpeng” China Financial Value Rankings during the 2025 Global Business Daily Economic Forum, hosted by Hong Kong Commercial Daily. Hundreds of guests, including representatives from government agencies, business enterprises, financial institutions, experts, and scholars, attended the event. Over the past year, Huitongda has demonstrated unparalleled determination and dedication to sustainable development. On the environmental aspect, the Company actively pursued its carbon neutrality goals and responded to the nation's "dual carbon goals" of reaching peak carbon emissions by 2030 and achieving carbon neutrality by 2060, developing a corresponding emissions reduction plan that complies with IPCC standards, and striving to achieve net zero emissions by 2060 in an attempt to minimize environmental impact.At the societal level, Huitongda empowered 25,000 towns and villages and over 250,000 township-level family-owned businesses nationwide through its supply chain, allowing rural consumers to enjoy the same goods and services as urban consumers. In addition, through its comprehensive servicing platform, the Company also helped township-level family-owned businesses to advance their digitalization, intelligence, and AI capabilities, to build a smoother and smarter two-way goods flow between urban and rural areas that would drive the economic development in lower-tier markets and improve farmers' lives.In terms of corporate governance, Huitongda Network Co., Ltd. has further refined its relevant structure and continuously enhanced the standardization and transparency of its internal management framework. In 2025, it has established a new Sustainable Development (ESG) Committee to strengthen the identification of key issues and stakeholders, as well as the assessment of risks and opportunities. Overall, Huitongda has demonstrated outstanding performance in emission reduction, social contributions, and improved governance, closely aligning with the national sustainable development goals.The “Golden Kunpeng” China Financial Value Rankings Awards is an annual event of the Global Business Daily Economic Forum. On the one hand, it strives to provide a high-quality communication platform for outstanding companies and figures in the financial industry; on the other hand, it aims to recognize outstanding companies using its six-dimensional evaluation system covering “innovation, corporate governance, value, strategic foresight, growth, social responsibility, and sustainable development”, setting the benchmark for the industry.- End -About Huitongda Network Co., Ltd.Huitongda Network (9878.HK) is a leading industrial internet company dedicated to serving ownship-level family-owned retailers in China’s rural markets. Supported by its digital technology and supply chain capabilities, the Group strives to provide member stores with stable and efficient one-stop supply chain solutions, as well as AI+SaaS services and merchant solutions for its member stores, channel partners, brand manufacturers, and other stakeholders along the value chain. The comprehensive solutions allow the Group to create a unique digital ecosystem with niche business opportunities. As of June 30, 2025, Huitongda Network has established a retail ecosystem with its approximately 251,000+ member stores in China, covering 21 provinces and more than 25,000 villages and towns. The Company was listed on the main board of the Stock Exchange of Hong Kong (SEHK) on February 18, 2022.30/09/2025 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.comEQS
Tue, Sep 30
Crypto Daily｜Bitcoin Surges Above $114K; Eric Trump Predicts $1 Million Bitcoin Amid Q4 Crypto Surge
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsBitcoin Surges Above $114K as Traders Look Ahead to 'Uptober'A sharp rally which began late in the weekend continued into U.S. Monday morning trading hours, with bi...Tiger News
Tue, Sep 30
24H | Firefly Plunges 12% After Alpha Rocket Test Ends in Mishap; Energy Fuels Sinks 7% on $550 Million Convertible Notes Offering
Firefly Aerospace shares plunged 11.6% in overnight trading after the company disclosed an incident during a test at its facility in Briggs, Texas, that resulted in the loss of a rocket stage.Energy Fuels announced plans to offer $550 million in convertible senior notes due 2031 through a private pl...Tiger News
Tue, Sep 30
Featured Tools
Top News
Meta Connect 2026 New Product Roundup: Muse Integrated Into AI Glasses, Can It Drive Meta Revenue Growth?
Qualcomm Extends Long-Term Patent Agreement With Apple, Securing QTL Revenue in Era of In-House iPhone Modems
Oracle Tumbles 7% as Project Jupiter Data Center Force Majeure Notice Sparks Delay Concerns
Meta Stock Forecast: Muse Monetization Path Is Key as JPMorgan Raises Price Target to $920; Can Stock Hit Record High?
US Stocks Mixed as Dow Drops 160 Points; Tech Stocks Lead, Meta Rises 4.5%
