NEW YORK — Wall Street inched to more records on Wednesday following a surprisingly encouraging report on inflation and a stunning forecast for growth from Oracle because of the artificial intelligence boom. The Standard & Poor’s 500 rose 0.3% and set an all-time high for a second straight day. The Dow Jones industrial average dropped 220 points,…
Is the stock market ready to keep climbing, or is a stumble ahead? After powering through the final stretch of summer, equities are sitting near record highs. But as we head deeper into September, a month that has historically been tough on investors, the question is whether now is the time to hit pause. Take…
China tech AI chipmaker had flagged risks of overpriced shares A cooling market rally erased about 80 million yuan from Cambricon’s market capitalization. (Source phots by Getty Images and screenshot from Cambricon’s website) © Getty Images LORRETTA CHEN September 5, 2025 14:36 JST HONG KONG — Shares in Cambricon Technologies, China’s answer to Nvidia, have dropped…
With a volatile first half of the year in the books for markets, analysts from the BlackRock Investment Institute (BII) are finally taking some time to breathe and take stock of some lessons learned. The firm cited uncertainty around President Donald Trump’s tariff policies as a primary driver of price swings in the first half…
本港零售連升3個月，政府統計處公布，7月零售額臨時估計297億元，按年升1.8%，惟遜於市場預期的2.5%。 打風礙購物 7月仍錄增長 零售管理協會表示，7月颱風暴雨影響零售市道，但零售額仍錄得正增長是好事，反映回復平穩的狀態，並指高達八成零售會員認為，9月生意無升跌或錄增長，預期今年剩下時間零售額不會出現較大跌幅，個別月份持平或微升，因去年同期基數低及盛事活動帶動人流。 7月零售銷貨量按年上升1%，亦遜於市場預期漲2.3%；不過，網上零售額臨時估計為26億元，按年大升13.2%。今年首7個月，零售額按年下跌2.6%，銷貨量則少4%，網上零售額則逆市漲2.1%。 按類別劃分，月內零售額升幅最大是書報、文具及禮品，按年升20.5%；其次是中藥升19.6%；與旅遊相關類別的珠寶首飾、鐘錶及名貴禮物，以及藥物與化妝品零售額，則分別漲9.4%及2.6%。 另一方面，與本土消費較為相關的項目，其銷售亦繼續下滑，例如麵包、糕餅、糖果及餅乾就大跌15.5%；汽車及汽車零件，以及家具及固定裝置則分別減少12.4%及9.4%。 港府指盛事將帶旺消費 政府發言人表示，7月零售業表現繼續靠穩，零售額升幅較6 Source link
The next few weeks will give Wall Street a clear reading on whether this latest stock market rally will continue — or if it’s doomed to get derailed. Jobs reports, a key inflation reading and the Federal Reserve’s interest rate decision all hit over the next 14 trading sessions, setting the tone for investors as…
By at least one measure, the US stock market is more concentrated in its biggest names than it’s ever been. The top 10 stocks in the S&P 500 now make up about 40% of the benchmark index, an all-time high, according to Morningstar data. Morningstar High concentration in any portfolio can be risky because, while…
Cambricon, a China-based semiconductor firm, posted record profit in the first half of the year, along with revenue that surged roughly 4,300%. The earnings, released late Tuesday, serve as an example of Nvidia’s growing local competition in China, as the government and market seek alternative chipmakers to gain traction in the region. Nvidia’s business in…
NVIDIA CEO believes US tech companies will survive tariffs In an interview with USA TODAY, Jensen Huang, CEO of the world’s most valuable company NVIDIA, discussed President Trump’s tariffs and manufacturing. Nvidia (NVDA) is slated to report its second-quarter earnings after the bell on Wednesday, Aug. 27, roughly two weeks after the company agreed to…
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