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As Mini Labubu Sells Out Instantly, Is Pop Mart's ¥30B Revenue Goal Now Secure?
TradingKey - At 10:00 PM Beijing Time on August 28, POP MART's core IP THE MONSTERS "Heart Code" series mini LABUBU officially launched online, immediately triggering a global buying frenzy among consumers.
TradingKey
Sat, Aug 30
Global equity fund inflows ease on worries over Fed independence
Aug 29 (Reuters) - Global equity funds witnessed a dip in demand in the week through August 27 on concerns around the Federal Reserve's independence as President Donald Trump attempted to fire a Federal Reserve governor.
Reuters
Fri, Aug 29
Traders nudge up bets on Fed rate cuts after inflation data
Aug 29 (Reuters) - Traders of short-term U.S. interest rate futures added slightly to bets the Federal Reserve will start a series of gradual rate cuts next month, after government data showed inflation by the Fed's preferred measure rose 2.6% in July from a year ago.Fed Chair Jerome Powell said...
Reuters
Fri, Aug 29
Bitcoin miner IREN jumps after Q4 profit beat, Nvidia partner status
Shares of IREN IREN.O up 16.9% before the bell to $26.93 after bitcoin miner swung to qtrly profit and topped Wall Street's expectations
Reuters
Fri, Aug 29
Q2 China Food Delivery War Wraps: Alibaba Wins, JD.com Struggles, Meituan Hit Most
TradingKey - After Alibaba released its Q1 FY2026 earnings, the second-quarter financial results for the three main players in China’s food delivery war — Meituan, JD.com, and Alibaba — are now all public. Alibaba emerged as the biggest winner, gaining the most market share with the smallest profit
Alibaba Group Holding Ltd
JD.Com Inc
TradingKey
Fri, Aug 29
German unemployment tops three million for first time in a decade
Number of unemployed at 3.02 million in AugustInflation rose more than expected in AugustGerman retail sales fell 1.5% in JulyBy Maria Martinez BERLIN, Aug 29 (Reuters) - The number of unemployed people in Germany has topped three million for the first time in a decade, labour office figures show...
Reuters
Fri, Aug 29
Long-dated euro zone yields set for biggest monthly jump since March
LONDON, Aug 29 (Reuters) - Euro zone 30-year bond yields were set for their biggest monthly jumps on Friday as long-dated debt remains under pressure across developed economies.Long-dated bonds have repeatedly taken a hit this year as investors remain concerned about the sustainability...
Reuters
Fri, Aug 29
Oil faces uphill struggle as supply glut worries mount
Aug 29 (Reuters) - Oil prices are unlikely to gain much traction from current levels this year as rising output from top producers adds to the risk of a surplus and U.S. tariff threats curb demand growth, a Reuters poll showed on Friday.
WTI
Reuters
Fri, Aug 29
British bank shares slide on fears of new tax
LONDON, Aug 29 (Reuters) - British bank shares fell sharply on Friday after a think-tank called for a new levy on lenders and a newspaper report said industry figures were worried the government was planning to raise cash by targeting the sector.
Reuters
Fri, Aug 29
The Cloud Capex Trap: Is NVIDIA Losing Control of Its Own Growth Trajectory?
TradingKey - Nvidia (NVDA) delivered better-than-expected growth in its Q2 FY2026 earnings, but a slowdown in its key growth engine — the data center segment — has sparked a new concern: While the deceleration was expected, amid rising fears of an AI bubble, an increasing number of Wall Street
NVIDIA Corp
TradingKey
Fri, Aug 29
Alibaba Surges Over 2% Pre-Market on Launch of Advanced AI Chip
TradingKey - On Friday, August 29, Alibaba's shares jumped in pre-market trading, with gains expanding to nearly 2%. This uptick followed a report from The Wall Street Journal that the company has unveiled a more powerful AI chip designed to handle a broader range of AI inference tasks.
Alibaba Group Holding Ltd
TradingKey
Fri, Aug 29
U.S. Scraps Small Parcels Tariff Exemption, Costing Small Businesses, Adding $10B to Treasury
TradingKey - The U.S. policy eliminating tariff exemptions for small packages — expanding from China to a global scope — officially took effect on August 29. Industry insiders warn that this change in the de minimis rule is severely disrupting small business supply chains, limiting consumer choice
TradingKey
Fri, Aug 29
What Happened to Alibaba (BABA) This Year?
Alibaba (NYSE: BABA), the largest e-commerce and cloud infrastructure company in China, has shed about 60% of its value since it closed at a record high of $307.84 on Oct. 27, 2020. The bulls retreated as the company faced fierce regulatory, competitive, and macroeconomic headwinds.
Alibaba Group Holding Ltd
The Motley Fool
Fri, Aug 29
Marvell sinks as weak data center outlook stokes AI chip worries
Aug 29 (Reuters) - Shares of Marvell Technology slumped 11.3% in premarket trading on Friday as the chipmaker's data center demand outlook fell short of lofty expectations after investors bet big on custom chips that power AI workloads for cloud giants such as Microsoft MSFT.O and Amazon AMZN.O....
Marvell Technology Inc
Reuters
Fri, Aug 29
Novo Nordisk woes prompt Denmark to slash country's 2025 growth forecast
Aug 29 (Reuters) - Denmark has cut its 2025 economic growth forecast to 1.4% from 3%, citing weaker prospects for pharmaceutical giant Novo Nordisk NOVOb.CO and tariffs on Danish goods exported to the U.S., the country's economy ministry said on Friday.
Novo Nordisk A/S
Reuters
Fri, Aug 29
U.S. PCE Set to Take Center Stage Friday — And It’s Not Just About Tariffs
TradingKey - The U.S. July Personal Consumption Expenditures (PCE) Price Index will be released on Friday, August 29. With Federal Reserve Chair Jerome Powell acknowledging that September could mark a policy turning point, economists expect this PCE report will not derail a September rate cut, but
TradingKey
Fri, Aug 29
Remy Cointreau lifts profit view on US tariffs deal
Remy nudges up 2025-26 forecast for current operating profitReduces estimated hit from US tariffs to 20 million eurosRival Pernod Ricard cut tariff impact estimate on Thursday By Dominique Vidalon and Alessandro Parodi Aug 29 (Reuters) - French spirits maker Remy Cointreau RCOP.PA raised its annu...
Reuters
Fri, Aug 29
Super Micro Addresses 'Accounting Fraud' Allegations, Cites Weaknesses in Financial Disclosure Controls
TradingKey - Super Micro Computer (SMCI.US), a prominent AI server manufacturer, recently revealed significant weaknesses in its financial disclosure controls (like internal audits and compliance checks), which could compromise the accuracy and timeliness of its financial reporting if not corrected.
Super Micro Computer Inc
TradingKey
Fri, Aug 29
Affirm Q4 Revenue Soars 33%, Is BNPL the Future Trend?
TradingKey - Affirm (AFRM.US) reported fourth-quarter fiscal 2025 earnings on Thursday showing revenue and profit exceeding market expectations, with strong performance driving its share price up 16% in after-hours trading.
Affirm Holdings Inc
TradingKey
Fri, Aug 29
Long-dated euro zone yields set for biggest monthly jump since March
LONDON, Aug 29 (Reuters) - Euro zone 30-year bond yields were set for their biggest monthly jumps on Friday as long-dated debt remains under pressure across developed economies.
Reuters
Fri, Aug 29
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