Hong Kong Stocks Extend Gains; Big Tech Stocks Shine
On May 7, 2026, the Hong Kong stock market opened higher. The Hang Seng Index rose by 1.21%, the Hang Seng China Enterprises Index increased by 1.30%, and the Hang Seng Tech Index climbed by...
U.S. Stocks to Watch: Broadcom, Nike, ASML, Bank of America, Morgan Stanley, GitLab, and More
Stock futures fell modestly Wednesday as the relief rally sparked by cease-fire talks between the U.S. and Iran looked set to run out of steam.These stocks were making moves in premarket trading:. Broadcom rose 3% after the chip maker extended an existing deal with Meta Platforms to support the Facebook parent's artificial-intelligence infrastructure buildout. Broadcom said it would deliver Meta Training and Inference Accelerator chips, or MTIA, through 2029.Nike added 2.8% after a form 4 filing showed that Apple CEO Tim Cook and Nike CEO Elliott Hill both bought about $1 million worth of shares in recent days. The sportswear retailer's stock is down 31% this year as investors fret about tighter margins and weak sales in China.ASML declined 0.5% after the Dutch chipmaking equipment company beat analysts' expectations for first-quarter profit and raised its sales guidance. Investors may have been opting to take profit following a strong run for the company's American depositary receipts
HK Movers | Xiaomi Jumps 4% After It Launches Flagship Base Model Xiaomi MiMo-V2-Pro
$XIAOMI-W (01810)$ launched the flagship base model Xiaomi MiMo-V2-Pro for the Agent era. Shares of Xiaomi jumped about 4% on the news.Tailor-made for high-intensity Agent work scenarios in the real...
Netflix Stock Is the Cheapest It Has Been in 3 Years Following Its 41% Plunge -- But Is It a Buy?
Netflix continues to dominate the streaming industry for movies and television shows, but its stock has lost its mojo.$Netflix(NFLX)$ operates the world's largest streaming platform for movies and...
Stock Track | Sirius XM Soars 12.69% Intraday on Strong Q4 Earnings Beat and Surprise Subscriber Growth
Sirius XM Holdings Inc. (SIRI) experienced a significant intraday surge, with its stock price soaring 12.69% during Thursday's trading session.The sharp increase follows the company's release of its...
Singtel Shares Dip Amid 50Gbps Fiber Trial, Raising Investment and Growth Concerns; Shares Down 3%
Singapore Telecommunications Ltd (Singtel) shares declined approximately 2.4% to S$4.43 during Wednesday afternoon trading, as the telecom operator advanced with a 50Gbps fibre broadband trial...