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NIO Jumps 8%. All-New ES8 Officially Launched, Battery Rental Pre-Sale Begins at 308,800 Yuan
NIO Inc NIO shares are trading about 8% higher Thursday after the company’s new ES8 SUV went on display in showrooms across China.Nio is debuting its new ES8 SUV at a launch event in China on Thursday. In preparation for the event, the SUV has entered showrooms and is on display in more than 300 ret...Tiger News
Aug 21, 2025
Some Chinese ADRs Shine. MINISO Group, XPeng up around 8%; NIO up over 5%; iQiyi, PDD Holdings up over 2%
Some Chinese ADRs shined on Thursday. MINISO Group, XPeng up around 8%; NIO up over 5%; iQiyi, PDD Holdings up over 2%.MINISO Group shares gained over 8% on Thursday after the global value retailer reported second-quarter earnings that significantly exceeded analyst expectations, driven by strong re...Tiger News
Aug 21, 2025
S&P 500 Falls for a Fifth Day, Dow Drops 100 Points Led by Walmart
Stocks fell on Thursday following a four-day losing streak for the S&P 500 as tech names dragged the broader market lower and traders weighed earnings from retail giant Walmart.Walmart shares dipped more than 2% after the retailer beat Wall Street’s quarterly sales estimates but missed earnings expe...Tiger News
Aug 21, 2025
Walmart’s “Revenue Up, Profits Down” Alarm — Tariffs Bite Into Margins
TradingKey - Retail giant Walmart reported its second-quarter results for fiscal 2026 this week, delivering strong top-line growth but falling short on profitability — raising concerns about mounting cost pressures. As of this report, Walmart’s U.S. shares were down 3.5% in pre-market trading.
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Aug 21, 2025
Pre-Bell｜Wall St Futures Slip With Fed Meet in Focus; CoreWeave Climbs 3%; Walmart Sinks over 3%; Coty Tumbles 20%
U.S. stock index futures slipped on Thursday, as investors stepped to the sidelines and awaited an earnings report from big-box retailer Walmart and clues on the Federal Reserve's next policy move from a three-day conference in Jackson Hole.A sharp decline in technology stocks such as Nvidia, AMD, P...Tiger News
Aug 21, 2025
Qarmet’s Casting and Rolling Complex: A New Chapter in Global Metallurgy
Temirtau will soon host the construction of a new casting and rolling complex (CRC) — one of Qarmet’s largest investment projects, worth $700 million. The initiative marks a critical stage in Kazakhstan’s industrial development. For the first time not only in the history of the plant, but across Central Asian metallurgy as a whole, the facility will manufacture premium-grade steels for use in the oil, nuclear, and engineering industries. Annual output is projected at four million tonnes of high-quality flat rolled steel. The complex will be built entirely from scratch and equipped with the latest generation of technology.Leadership VisionJens Barth, Qarmet Corporation’s Director of Development, is overseeing the project. Before joining Qarmet, he held senior leadership roles for 25 years at leading international metallurgical and mining companies — including as a board member of Germany’s SMS Group and as Chief Executive of Research & Consulting, also in Germany.Mr Barth, what motivated your move to Kazakhstan and your decision to join the Qarmet team in Temirtau?I was drawn by the scale and ambition of Qarmet’s agenda: not simply to modernise production, but to redefine Kazakhstan’s position on the global metallurgical map. Relocating to Temirtau was a chance not only to witness change but to be part of driving it. Here I see an experienced, dynamic team, strong industrial partners, and a clear mandate for development. Opportunities to make such a lasting contribution to a nation’s industrial history are rare — that is why I am here, ready to apply my knowledge.Strategic RationaleYou are leading the CRC project. Why is this investment essential, and will it truly be a breakthrough for Kazakhstan’s metallurgy?After reviewing the current state of the plant, it became clear that radical change could not be delayed. Operating with technologies from the last century is not an option in today’s competitive landscape. Our drive to position Qarmet at the global forefront is fully aligned with the country’s leadership. President Kassym-Jomart Tokayev has consistently stressed the need to enhance the competitiveness of Kazakhstan’s metallurgy.To achieve this, Qarmet is pursuing a portfolio of ambitious projects:InSeptember 2025, Temirtau’s plant will gain access to natural gas for the first time in its history — the region’s most significant ecological initiative. The switch will expand blast furnace capacity, cut pig iron costs, and raise liquid steel output to six million tonnes. In2026, a new one-million-tonne rolling mill will come online. By2027, new coke oven batteries (Nos. 8 and 9), with 1.5 million tonnes annual dry coke capacity, will be launched, alongside a mining and beneficiation complex in Karazhal. Entry into the large-diameter pipe segment is also under review. These steps will allow Kazakhstan to fully cover domestic demand.The CRC project, however, is central to our modernisation strategy. This will be a turning point for Kazakhstan’s metallurgy. Across the Eurasian Economic Union and the CIS, no comparable facilities exist. Most plants still operate on equipment built decades ago. The CRC is next-generation technology — capable of producing premium steels for multiple industries. We are creating a high-tech, environmentally responsible operation able to compete with the best in the world.Technological EdgeWhat distinguishes the CRC from existing rolling mills?Our current rolling lines date back to the mid-20th century. They run on equipment that has long exhausted its lifecycle, requiring constant maintenance. They also remain limited to conventional low-carbon grades of steel, mainly for construction and general use. This restricts both thickness and width — a competitive disadvantage. The CRC resolves these constraints. We aim to roll steel as thin as 0.6 mm in hot rolling, substituting certain cold-rolled products and gaining cost advantages. Similar facilities in Europe and China have already proven this path. We are the first to bring it to Central Asia.How does CRC technology differ from traditional processes?Conventional mills operate with a separated process: slabs are cast at 200 mm thickness, cooled, reheated to 1,200°C in furnaces, then rolled. The CRC casts steel directly into thin slabs at 1,100°C, maintaining temperature via gas or induction furnaces, and sends them straight to rolling. This dramatically cuts energy use, reduces heat loss, and enhances quality. The shorter, continuous cycle delivers more stable metallurgical structures, improved surface finish, and precise geometry.Applications of Premium SteelPremium steels are indispensable where strength, durability, corrosion resistance, and resilience to extreme conditions are critical:Construction:bridges, stadiums, skyscrapers, and Arctic infrastructure. Engineering and transport:truck frames, railcars, vehicle bodies. Toolmaking:cutting tools, dies, and moulds requiring maximum hardness. Oil, gas, and chemicals:pipelines, heat exchangers, and tanks exposed to pressure and corrosive environments. Nuclear energy:reactor vessels, heat-transfer systems, and pipelines made from high-temperature, corrosion-resistant grades.Project TimelineWe have evaluated several design configurations and are working with leading engineering firms — Austria’s Primetals Technologies, Germany’s SMS Group, and Italy’s Danieli. By year-end, we expect to finalise entry into the project, with production to begin in 2027. Commissioning the CRC will mark a milestone in Qarmet’s growth strategy and reinforce our commitment to competing for technological leadership in global metallurgy.21/08/2025 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
Aug 21, 2025
Intel Plans to Secure Additional Funding Through Discounted Share Placements Following $2 Billion SoftBank Investment, Shares Plummet Nearly 7%
TradingKey - Intel is reportedly in discussions with large investors to secure additional funding through a discounted share offering, according to sources familiar with the matter. On Wednesday, Intel's stock plummeted 6.99% to $23.54, a low not seen since August 13.
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Aug 21, 2025
Canadian Solar Misses Q2 Estimates
Canadian Solar: Q2 Non-GAAP EPS of $0.53 misses by $0.34.Revenue of $1.7B (+3.7% Y/Y) misses by $200M.14% quarter-over-quarter ("qoq") increase in solar module shipments to 7.9 GW, within guidance of 7.5 GW to 8.0 GW.29.8% gross margin, exceeding guidance of 23% to 25%.Canadian Solar shares sank 10%...Tiger News
Aug 21, 2025
Baidu Is Now China’s Cheapest Internet Stock — Q2 Ads Bleed and AI’s Second Curve Fails to Inspire
TradingKey - Despite double-digit growth in its AI-related businesses, Baidu (BIDU, 9888.HK), the first Chinese internet giant to embrace AI models, is now struggling with unclear AI growth prospects. Baidu’s Hong Kong-listed shares have become the lowest-valued among Chinese internet companies.
TradingKey
Aug 21, 2025
Premarket Movers | AMD, Nvidia, and SMCI Tick Higher; CoreWeave Jumps Nearly 2%; NuScale Power, Oklo up about 3%;Tharimmune Rockets 51%
Tharimmune Inc. jumped 51% in premarket trading after surging 207% in prior trading session following positive pharmacokinetic simulation results for its lead drug candidate TH104, designed to prevent respiratory depression from fentanyl exposure.The clinical-stage biotechnology company reported tha...Tiger News
Aug 21, 2025
Palantir Stock Rebounds Nearly 2%. Wedbush Analyst Dan Ives Says Palantir Remains "Favorite"
Palantir shares rebounded nearly 2% in premarket trading. Despite a sharp sell-off that has seen Palantir Technologies shares plummet nearly 15% in the last five sessions, Wedbush Securities analyst Dan Ives is urging investors to see the dip as a buying opportunity.Palantir ‘The Poster Child Of The...Tiger News
Aug 21, 2025
Databricks Joins the $100 Billion Unicorn Club, Ranking Fifth Globally — Investors Now Demand IPO Clarity
TradingKey - Following the explosive IPO of Figma, capital markets are scrambling to find the next breakout tech company still in private hands. Databricks, the AI-powered data analytics firm, has emerged as a top contender after a new funding round pushed its valuation past $100 billion, turning
TradingKey
Aug 21, 2025
Trade War Sparks “Stockpiling Surge”? Analog Devices Posts Blowout Earnings — Is the Semiconductor Spring Here?
TradingKey - Chipmaker Analog Devices (ADI.US) reported its third-quarter 2025 financial results on Wednesday, delivering both revenue and earnings that surpassed market expectations. Fueled by strong demand in the industrial sector
TradingKey
Aug 21, 2025
Target Stock Plummets 11% on Leadership Shakeup
TradingKey - Target Corporation announced Michael Fiddelke, a 20-year veteran, will succeed Brian Cornell as CEO. Despite the retailer’s Q2 results exceeding expectations with revenue and same-store sales showing signs of recovery, the stock plummeted following the leadership change announcement...
TradingKey
Aug 21, 2025
Laopu Gold Sinks 7.5% Despite Strong Results, Profit Taking Weighs
On August 21, Laopu Gold saw its stock price plunge 7.48% midday, garnering market attention. The previous day, the company released an impressive 2025 interim earnings report, showing substantial growth in both revenue and profit. Analysts believe that despite the company's strong fundamentals, theTiger News
Aug 21, 2025
Crypto Daily | Fed Discusses Stablecoins Extensively; Fed Governor Says “Nothing Scary“ About Crypto
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsFed Discusses Stablecoins Extensively in Recent FOMC Meeting Following GENIUS Act PassageFederal Reserve officials focused significantly on stablecoins during their...Tiger News
Aug 21, 2025
HK Movers | GDS Holdings Jumps Over 6% as It Swings to Profit in H1
GDS Holdings shares surged over 6% in Hong Kong following its latest earnings report.According to the announcement, GDS Holdings achieved a net revenue of approximately RMB 5.623 billion in the first half of 2025, marking a 12.2% year-on-year growth. Gross profit reached approximately RMB 1.334 bill...Tiger News
Aug 21, 2025
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