China and Hong Kong stocks fell on Friday as weakening liquidity, caution ahead of corporate earnings and weakness in property shares weighed on investor sentiment, according to a Reuters report. The blue-chip CSI300 index slipped 0.1% by the lunch break, while the Shanghai Composite Index declined 0.2%. In Hong Kong, the Hang Seng Index dropped…
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Tencent posted a beat on second-quarter revenue thanks to an acceleration at its China gaming unit and AI-driven advertising, but its core profit missed analyst…
Tims China (Nasdaq: THCH) reported unaudited Q1 2026 results with total revenues of RMB256.7 million, down 14.6% year-over-year, and system sales of RMB322.9 million, down 14.2%. Net loss widened to RMB109.3 million, while a definitive agreement for up to US$55 million in additional senior secured convertible notes was signed. Company…
As of press time, Nio’s shares in Hong Kong rose 2.75% to HK$44.14 per share. Nio achieved non-GAAP profit in the first quarter, primarily driven by strong demand for the high-margin ES8 SUV. (Image credit: CnEVPost) Nio Inc (HKEX: 9866) rose in Hong Kong trading on Friday morning, after the company reported better-than-expected first-quarter earnings…
An employee works on core components of circuit breakers for wind turbines at Siemens Energy’s Hangzhou Plant on February 28, 2026 in Hangzhou, Zhejiang Province of China. China News Service | China News Service | Getty Images The Iran war appears to have supercharged the clean energy transition, providing a catalyst for wind power giants…
Qualcomm shares staged a dramatic turnaround after the bell on Wednesday as CEO Cristiano Amon said on the earnings call that it would begin shipping data center chips to “a large hyperscaler” within the calendar year. The stock initially fell as much as 7% after the chipmaker reported second-quarter earnings that topped Wall Street estimates…
A Nike logo is displayed at a Nike store in Austin, Texas, Feb. 5, 2026. Brandon Bell | Getty Images Shares of Nike fell in extended trading Tuesday after the retailer warned sales will fall for the rest of the calendar year, led by an expected 20% decline in its key China market during the…
The Mercedes star, the brand logo of the vehicle manufacturer Mercedes-Benz, rotates on a building of a Mercedes-Benz car dealership. Picture Alliance | Picture Alliance | Getty Images German luxury car manufacturer Mercedes-Benz Group on Thursday reported a steep drop in full-year profit and warned of challenging times ahead, following a year marred by intense…
Nvidia CEO Jensen Huang told employees this week that the company has been pushed into a no-win situation by mounting fears of an AI bubble, even as it continues to post blockbuster results, according to audio of an internal all-hands meeting reviewed by Business Insider. “The market did not appreciate our incredible quarter,” Huang said…
The markets are volatile—and Wall Street’s most reliable barometer of panic has surged to levels not seen since April, when President Donald Trump’s sweeping “Liberation Day” tariffs triggered a global market meltdown. The Cboe Volatility Index, known as the VIX, peaked at 27.8 on Thursday and closed the day around 26.3—its highest point since the…