New Delhi, India – In a sprawling market in the Indian capital, Anuj Gupta sits in a corner of his shop as silence hangs over it. Gupta sources and exports garment accessories – like laces and buttons – to major global brands. But punishing tariffs imposed by United States President Donald Trump have brought Gupta’s…
Shoppers carry bags along Wall Street near the New York Stock Exchange in New York, U.S., on Friday, Aug. 15, 2025. Michael Nagle | Bloomberg | Getty Images The S&P 500 closed Thursday at a fresh high, buoyed by signs that both Main Street and Wall Street are still buzzing with life. Revised data showed…
Rising geopolitical tensions and global security threats continue to put authorities around the world to the test. While the Hong Kong government has rightly sought to enhance readiness and responses to emergencies by conducting counterterrorism exercises over the years, Thursday’s drill marks another milestone in the city’s strategy to defend internal and national security. What…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Nvincible? The results are in: Nvidia reported second-quarter earnings and revenue that beat Wall Street’s expectations last night. The chipmaker also provided better revenue guidance than analysts…
European stock markets fell on Thursday, as investors assessed an above-consensus quarterly earnings report from tech giant Nvidia. The U.S.-listed firm, which makes products for tech giants including Microsoft, Google, Meta and Amazon, said sales growth this quarter will remain above 50% in a sign of the continued resilience of the artificial intelligence boom. Fiscal…
US chipmaker reports revenue of $46.74bn for second quarter, defying fears that AI may be overhyped. Published On 28 Aug 202528 Aug 2025 Chip giant Nvidia has set a new sales record, a sign that demand for artificial intelligence remains strong despite fearsthe technology may be overhyped. Nvidia, the world’s most valuable company, on Wednesday…
“Long queues lined up at the Government health centres to receive anti-cholera inoculations yesterday when two suspected cases of cholera – a 12-year-old boy and a six-year-old girl – were reported,” the South China Morning Post stated on August 17, 1961. “A Government spokesman said bacteriological tests for the two cases – which were classified…
Buying a new car has never been more financially daunting. A 2025 analysis from Edmunds found that a record 19.3% of consumers who financed a new vehicle in the second quarter of 2025 committed to a monthly payment of $1,000 or more. That’s nearly one in five buyers taking on what was once considered an…
The administration of President Donald Trump has announced it plans to take control of Union Station, a major transportation hub in the United States capital of Washington, DC. Transportation Secretary Sean Duffy delivered the announcement on Wednesday, as he stood with leaders from the rail company Amtrak to unveil a new fleet of faster Acela…
內地外賣大戰衝擊平台盈利，美團（03690）次季經調整溢利淨額15億元（人民幣．下同），按年重挫89%，遠遜預期的99億元；收入918億元，增長12%，同樣低於預估的937億元。 首席財務官陳少暉表示，上季盈利波動反映外賣市場前所未有的激烈競爭，全行業補貼力度創下新高，短期內競爭仍會持續，並對集團財務狀況造成負面影響。 美團ADR於昨晚開市急插水，截至今晨12時40分，挫10.57%，較港收市價低7.67%。 今季核心本地商業料轉蝕 受外賣市場「非理性競爭」拖累，美團上季核心本地商業分部收入僅按年上升8%至653億元，經營溢利顯著下挫76%至37億元，經營利潤率銳降19.4個百分點至5.7%。該分部涵蓋本土餐飲外賣、閃購、到店酒店及旅遊等核心業務，上季貢獻集團約七成營收。 陳少暉在業績會預告，由於戰略性投入用戶補貼、配送服務、營銷等領域，集團第三季核心本地商業分部預計錄得顯著虧損。 首席執行官王興表示，美團堅決反對「內捲」，惟隨着競爭激化，將盡力捍衞自身的市場地位。要在餐飲外賣和即時零售市場勝出，並無花哨的技巧，歸根究柢要回歸商品選擇、價格、配送服務三大基本因素，而集團一直專注「做正確 Source link