Hong Kong Island Latest News (Hong Kong)

Costco (COST) shares rose more than 4% to a new high in early trading Friday after the company reported fiscal first-quarter earnings that above analysts' forecasts, as shoppers flocked to Costco's food and other items in quest of cheaper pricing.

Palantir Technologies Inc. (PLTR) stock rose on Friday after the data analytics and artificial intelligence (AI) software company obtained a one-year extension of its existing four-year US Army deal for up to $115.04 million.

Stanley Black & Decker Inc. (SWK) stated on Friday that it is selling its attachment and handheld hydraulic tool businesses to Sweden-based mining equipment company Epiroc AB in order to focus more on its main line of products.

Ulta Beauty (ULTA) shares increased by more than 10% following the company's announcement of third-quarter results that exceeded expectations and an increase in guidance that expressed optimism for the upcoming holiday season.

In early trading on Friday, Dell Technologies (DELL) shares fell about 5% as the personal computer manufacturer continued to struggle with the sluggish recovery of that market following a surge in demand during the pandemic.

On Friday, UiPath Inc. (PATH) shares increased by over 25% following the company's third-quarter earnings report significantly surpassed the expectations of analysts.

Shares of Spotify Technology (SPOT) experienced a remarkable surge of over 7% during early trading on Monday. The popular streaming music service made a significant move to reduce expenses by implementing workforce reductions.

Mizuho Securities boosted its price target and upgraded General Motors Co. (GM) stock on Monday, citing several catalysts that the company believes would increase GM's value. GM stock gained ground as a result.

Uber Technologies (UBER) shares rose over two percent Monday to a more than two-year high after S&P Dow Jones Indices announced that the company will be included in the S&P 500 Index—a move that could sustain the stock for much longer than a 1 day

Synchrony Financial (SYF) stock soared after the consumer finance company announced the sale of its Pets Best Insurance Services unit to Poodle Holdings.

SoFi Technologies (SOFI) will discontinue its crypto services on December 19. Existing accounts will have the option of migrating to the Blockchain.com platform or being closed and liquidated at that time, subject to a few restrictions.

Amazon (AMZN) is establishing an artificial intelligence (AI) skills training program to assist employees in developing critical skills as organizations face an AI talent shortage.

Assignment tasks and projects are pivotal in academic learning, allowing students to apply theoretical concepts to given scenarios and enhancing their analytical and problem-solving skills.

ICC Camp (Imagine Creation Combinator Camp), an accelerator focused on the Web3 gaming ecosystem, announces its official launch today, with key strategic support from the Asia Blockchain Gaming Alliance (ABGA) and Web3Labs.

Housing Market Group's Remarkable Journey in Revolutionizing Real Estate Hong Kong, November 2023 – Housing Market Group, a pioneer in software and digital marketing solutions for the real estate industry, is continually reshaping property dealings in...

Nvidia (NVDA) shattered analyst forecasts for third-quarter financials after the bell Tuesday, with adjusted profits per share (EPS) and sales more than doubling from the prior-year quarter, as the AI market continues to heat up.

NetEase Exceeds Analyst Expectations in Q3 Earnings Report, But Stock Falls On Thursday, Chinese video game publisher and internet services provider

Datadog (DDOG) has had a tumultuous few months, with DDOG stock fluctuating significantly.

Starbucks (SBUX) union workers have called for a walkout on "Red Cup Day" coming Thursday, one of the chain's most important promotional events of the year.

Amidst a spike in demand for AI tools, Microsoft (MSFT) revealed the Azure Maia AI Accelerator, a unique processor "optimized for artificial intelligence (AI) tasks and generative AI (genAI)."

OpenAI, the manufacturer of ChatGPT, revealed GPT-4 Turbo, its latest and most powerful artificial intelligence model, at its developer conference on Monday, in a move that might help the business stay ahead of the competition from digital behemoths.

Planet Fitness (PLNT) stock soared after the fitness center operator reported better-than-expected profits and boosted its projection as it gained members and outlets.

General Motors (GM) and Stellantis (STLA) have invested a total of $33 million in Niron Magnetics, a firm that manufactures rare earth-free magnets used in electric vehicles (EVs).

Earnings news from pioneer Nintendo and relative newcomer Roblox (RBLX) boosted video game manufacturer shares on Wednesday.

Revolutionizing Crypto Mining with Focus on Qubic Network ($QUBIC)

Spirit AeroSystems (SPR) shares plunged more than 9% in early trade Wednesday after the Boeing supplier revealed intentions to raise money in the wake of manufacturing difficulties that caused aircraft deliveries to be delayed.

According to Wall Street analysts, Intel's (INTC) move to spin off its programmable chip business into a separate company indicates that the chipmaker requires cash to support its revival push. On Wednesday, Intel's stock soared.

Netflix (NFLX) is spending enormous resources into becoming a major player in video games, despite being the leader in subscription streaming media. However, after nearly two years, the corporation has made little progress in this new area.

The tremendous growth boom seen by Amazon (AMZN) during the epidemic was followed by a steep decline. Now, the $1.3 trillion internet company is fighting its way back to sustainable growth and profitability.

When Windows and Internet Explorer first appeared as crucial tools of the online revolution 30 years ago, Microsoft (MSFT) pioneered the road for technology.

Many technology firms outperformed this year, because to the excitement surrounding artificial intelligence technologies. However, investors have shied away from Square parent company Block (SQ) and SQ stock.