News
Important Only
Why Super Micro Computer Stock Plummeted Last Week
Key PointsSuper Micro Computer's sales and earnings performance in fiscal Q4 fell short of Wall Street's targets. The company's gross margin declined year over year and on a sequential quarterly basis. Supermicro is guiding for sales of at least $33 billion this fiscal year, but the outlook on gross...The Motley Fool
Mon, Aug 11
Nvidia on "AI Chip Sales To China Tax": Complies With U.S. Government Rules For Global Market Participation
Nvidia on "AI Chip Sales To China Tax": Complies With U.S. Government Rules For Global Market ParticipationNvidia Corp. and Advanced Micro Devices Inc. agreed to pay 15% of their revenues from chip sales to China to the US government as part of a deal with the Trump administration to secure export l...Tiger News
Mon, Aug 11
Why Shopify Stock Skyrocketed Last Week
Key PointsShopify's second-quarter results beat Wall Street's sales and earnings targets. Artificial intelligence played a big part in improving sales momentum and margin performance in the quarter. Shopify expects strong sales growth to continue in the current quarter. 10 stocks we like better than...The Motley Fool
Mon, Aug 11
Why CoreWeave Stock Skyrocketed Last Week
Key PointsCoreWeave stock saw big gains in connection with news that its buyout of Core Scientific could be blocked. CoreWeave has entered into terms to buy Core Scientific in a $9 billion all-stock deal. Shareholders of both companies have some reservations about the acquisition deal. 10 stocks we ...The Motley Fool
Mon, Aug 11
INDIA STOCKS-Indian equity benchmarks inch higher led by SBI, Grasim Industries
By Bharath Rajeswaran and Vivek Kumar M Aug 11 (Reuters) - India's equity benchmarks inched higher on Monday, led by gains in Grasim Industries and State Bank of India on upbeat quarterly earnings, while uncertainty over U.S. tariffs on Indian goods capped gains.The Nifty 50 .NSEI rose 0.3% t...Reuters
Mon, Aug 11
Australia's ARB Corp rises, Jefferies sees upbeat outlook
** Shares of ARB Corp ARB.AX rise as much as 2.8% to A$35.450, their highest level since July 24** Jefferies says U.S. ARB's outdoor capital equipment and parts segments have faced challenges from COVID-19 and a sharp rate-up cycle, with sales growth in both sectors mirroring these challenges** ...Reuters
Mon, Aug 11
MORNING BID EUROPE-Nikkei looks to rejoin the all-time high club
A look at the day ahead in European and global markets from Wayne Cole.It's been a quiet start to the week, what with Japan on holiday and President Trump busy playing golf. Notably Nikkei futures traded in Chicago NKc1 are just a whisker from all-time highs, suggesting the cash index could well...Reuters
Mon, Aug 11
ASX-listed copper miners rise on softer dollar, China demand hopes
** Australia-listed shares of copper miners gain as copper prices rise on a softer dollar and China demand hopes MET/L** ASX shares of Capstone Copper CSC.AX rise as much as 5.4% to A$10.180, their highest level since January 13** Sandfire Resources SFR.AX jumps as much as 2.4% to A$11.8, its highes...Reuters
Mon, Aug 11
Should You Buy Rivian Stock While It's Below $17?
Key PointsRivian’s deliveries are stagnating in this challenging macro environment.But it expects the R2’s launch to breathe fresh life into its business.Its stock would be undervalued if it can pull off that turnaround.10 stocks we like better than Rivian Automotive › Rivian (NASDAQ: RIVN) posted i...The Motley Fool
Mon, Aug 11
Street View: Tata Motors sales dragged by US tariff uncertainty
** Tata Motors TAMO.NS posts a 63% fall in Q1 profit, as U.S. tariffs and planned phase out of Jaguar Land Rover models dealt a direct blow to profit and cash flow.** Shares trading flat early on Monday, down 0.09 at 633 rupees by 09:19 am IST WEAKENED DEMAND IN PV AND JLR AMIDST TARIFF UNCER...Reuters
Mon, Aug 11
INDIA STOCKS-Indian equity benchmarks off to a muted start as US tariffs continue to weigh
Aug 11 (Reuters) - India's equity benchmarks opened flat on Monday, after posting a sixth straight weekly loss on Friday, as sentiment remained subdued due to uncertainty over U.S. tariffs on goods from India.The Nifty 50 .NSEI rose 0.03% to 24,371.5 points and the BSE Sensex .BSESN gained 0.03%...Reuters
Mon, Aug 11
Australia's PointsBet slightly down after rally; Bell Potter raises target price on Mixi bid
** Shares of PointsBet PBH.AX are down 0.2% at A$1.2625** Bookmaker's stock rallied more than 4% in previous week on recommending shareholders to accept Mixi Australia's increased offer price of A$1.25 per co's shares ** Bell Potter raises PT to A$1.25 from A$1.20, matching offer price, ...Reuters
Mon, Aug 11
Huitongda Network (9878.HK) Reached Comprehensive AI Collaboration Agreement with Alibaba Cloud Jointly Develop “AI+Industry” Ecosystem to Drive Rural Markets’ Digital Transformation
(11 August 2025, Hong Kong) Huitongda Network Co., Ltd (9878.HK), a leading industrial internet company in China empowering rural family-owned stores with its digital technology and supply chain capabilities, is pleased to announce a comprehensive AI collaboration agreement with Alibaba Cloud, which was signed on 8 August 2025. Focused on smart retail, member operations, and smart supply chains, the two parties will jointly develop AI+ digital solutions for the rural markets, supporting the intelligent upgrading of rural commerce and related industries.Wang Jianguo, Chairman of Fivestar Holdings and Huitongda Network, and Liu Weiguang, Senior Vice President of Alibaba Cloud Intelligence Group and President of Public Cloud Business, witnessed the signing ceremony. Sun Chao, Vice President of Huitongda Network and CEO of Huitong Datatech Smart Technology, and Li Hao, Head of Alibaba Public Cloud in Jiangsu and Anhui, signed the agreement on behalf of both parties.Extensive Operating Data + AI to Boost Store Operating Efficiency and Consumer WillingnessFor a long time, retail stores in rural markets have faced challenges such as low operational efficiency and low accuracy of product recommendations. Large Language Models (LLM), with their powerful data analysis and decision-support capabilities, offer a key solution to these issues. Under the collaboration, the “Qwen” LLM and its AI capabilities will be integrated into Huitongda's business platform, creating an “Small Shop LLM Agent”. This digital assistant will automate tasks including customer reception and inquiry handling to boost sales and profits. It is also capable of auto-generating and executing marketing and event plans, and providing improved product recommendations and inventory management, which will greatly improve the intelligent servicing capability of its S2b2c supply chain. In addition, the “Sales Forecast AI Agent”, which has integrated Alibaba Cloud's AI capabilities with Huitongda’s industry data, will also provide stores with precise procurement and stocking solutions, further improving supply chain efficiency.Leveraging cloud resources and computing power, the two parties will jointly accelerate the digital development of rural markets. Specifically, Alibaba Cloud will provide Huitongda with cloud computing resources and high-performance computing power to support Huitongda’s needs in AI model training and inferencing, allowing rapid iteration and transformation of industry models. Meanwhile, the two parties will also seek to deepen collaboration on product distribution and user data analysis, exploring methods such as targeted traffic investment to continuously activate rural markets. The two parties will form a professional collaboration team, with Alibaba Cloud providing solution architects and other professionals to Huitongda, developing new applications based on Alibaba Cloud's full-stack AI products.Empowering approximately 250,000 Member Stores, Serving 300+ Million ConsumersAs a leader in urban-rural product circulation and rural digital penetration, Huitongda Network now operates a network of 248,000 member stores across 21 provinces, ranking first in scale in the B2B rural market servicing sector. With a growing focus on “AI+SaaS” development, its Service Business revenue reached RMB 610.5 million in 2024. The company was listed on the Main Board of the Hong Kong Stock Exchange in 2022.Alibaba Cloud, the largest public cloud service provider in China and the Asia-Pacific, has developed the globally leading “Qwen” LLM. In the recent Chatbot Arena rankings, a reputable international large model evaluation platform, Alibaba's new Qwen3 ranked third globally among all closed and-open-source models, setting a record for the highest-scoring global open-source model and domestic model to date.This comprehensive “AI+Industry” collaboration, focused on “expanding the blue ocean market”, will not only increase both parties’ market share and service revenue in sinking markets but also carry profound social significance. In particular, leveraging Huitongda's extensive channel network, the two parties will extend AI capabilities to county-level regions. This not only responds to the national strategies of “Digital China” and “Rural Revitalization” but also narrows the urban-rural digital divide, empowers millions of rural family-owned stores, and enables groups to benefit from technological progress. In will also support “new farmers” and promote the equitable flow of social resources.- End -About Huitongda Network Co., Ltd.Huitongda Network (9878.HK) is a leading industrial internet company dedicated to serving rural 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 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 December 31, 2024, Huitongda Network has established a retail ecosystem with its 248,000+ member stores in China, covering 21 provinces and municipalities 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.This press release is issued by DLK Advisory Limited on behalf of Huitongda Network Co., Ltd..For enquiries, please contact:DLK Advisory 金通策略Telephone: +852 2857 7101Fax: +852 2857 7103pr@dlkadvisory.com11/08/2025 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
Mon, Aug 11
Shares edge ahead in Asia, Nikkei futures near record peak
SYDNEY, Aug 11 (Reuters) - Major share indexes crept higher in Asia on Monday as upbeat company earnings underpinned high valuations in the tech sector, while a crucial report on U.S. inflation would likely set the course of the dollar and bonds.Reuters
Mon, Aug 11
24H | MP Materials Jumps 4% as US Issues $150M Strategic Loan to It for Heavy REE Separation
MP Materials shares jumped 4% in overnight trading.The Office of Strategic Capital (OSC) has taken a significant step by providing a direct loan of $150 million to MP Materials, aiming to strengthen the industrial foundation of the US and ensure the stability of the critical minerals supply chain. T...Tiger News
Mon, Aug 11
HK Movers | Chinese Flu Shot Maker Ab&B Bio-Tech Soars 164% in Hong Kong Trading Debut
Ab&B Bio-Tech soared as much as 164% in its trading debut in Hong Kong, after retail investors flocked to the Chinese vaccine maker’s initial public offering.The stock climbed to as high as HK$34.02 per share on Monday morning, more than double its HK$12.90 IPO price, which was set at the low end of...Tiger News
Mon, Aug 11
HK Movers | Gold Stocks Slide as Spot Gold Falls Below $3,370. Chifeng Gold, Shandong Gold down over 6%, and Zhaojin Mining down over 5%
Hong Kong-listed gold stocks fell broadly, with Chifeng Gold, Shandong Gold down over 6%, and Zhaojin Mining, China Gold International down over 5%; Tongguan Gold down over 4%.Spot gold in Asia saw a brief drop at the open, falling below $3,370 per ounce and currently trading at $3,369.38, down...Tiger News
Mon, Aug 11
Clover Shares Jumped 10% On Director Vivek Garipalli Purchasing 446,980 Shares Of The Company’s Stock
Director Vivek Garipalli has made a significant investment in Clover Health Investments by purchasing 446,980 shares of the company’s stock on August 8, 2025. This transaction is valued at $998,996, showcasing a strong vote of confidence in the company’s future prospects.Clover shares jumped 10% on ...Tiger News
Mon, Aug 11
INDIA STOCKS-Indian equity benchmarks to open higher; US tariffs continue to weigh
Aug 11 (Reuters) - India's equity benchmarks are likely to open marginally higher on Monday, after posting a sixth straight weekly loss, but the sentiment is likely to remain subdued due to uncertainty over U.S. tariffs on goods from India.The Gift Nifty futures GIFc1 were trading at 24,436, as ...Reuters
Mon, Aug 11
