Hong Kong Island Latest News (Hong Kong)

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.

Consider Snowflake stock to be an indicator for the expansion of cloud computing behemoths Amazon.com (AMZN), Microsoft (MSFT), and Alphabet's (GOOGL) Google.

Zoom Video Communications (ZM) is facing increased competition and slower growth now that the coronavirus outbreak has passed. Zoom stock's revenue growth is dependent on its performance in the corporate market.

Fiberroad, proveedor líder de Ethernet industrial y productos de transporte óptico, se complace en anunciar que exhibirá su último conmutador Ethernet industrial TSN y su plataforma de gestión de red en el próximo Smart City Expo World Congress,...

Peloton Interactive (PTON) shares were up 2% as of 10:00 a.m. Thursday, up more than 10% in early trade. ET after the announcement of a five-year agreement with Lululemon (LULU).

Blue Apron Holdings (APRN) stock more than quadrupled in early Friday trade after Wonder Group agreed to buy the meal kit supplier for $103 million.

POINT Biopharma Global (PNT) shares soared more than 80% in initial trading on Tuesday after Eli Lilly (LLY) agreed to purchase the radiopharmaceutical company for $1.4 billion in order to expand its cancer-fighting therapies.

Meta Platforms (META) may soon provide ad-free subscription options for Facebook and Instagram to European customers in an effort to comply with European Union privacy requirements.

PNC Bank (PNC) accepted $16.6 billion in capital commitments from the Federal Deposit Insurance Corp. (FDIC) on Tuesday, the majority of which were loans held by Signature Bridge Bank.

Lennar (LEN), backed by Warren Buffett, announces fiscal third-quarter profits and sales on Thursday.

Amazon (AMZN) will provide third-party merchants with a new logistics service that will manage the delivery of items from manufacturers straight to buyers. The shares of Amazon soared on the announcement on Wednesday.

Analysts say Apple's (AAPL) iPhone 15 unveiling was a yawner for investors, but it gave enough changes to the company's smartphone portfolio to stimulate upgrades. On Wednesday, Apple's shares fell.

Airbnb (ABNB) is the IBD Stock Of The Day, as the company's shares surge ahead of its inclusion in the S&P 500. The stock of Airbnb has increased by 69% year to date.

Leading Asia-focused due diligence and advisory firm adds Vietnam Representative George Schooling to roster

Adobe (ADBE) announced the commercial release of its Firefly generative artificial intelligence product on Wednesday. The stock of ADBE increased as a result of the announcement.

Electric vehicle (EV) sales in Europe increased by more than 50% year on year in July, owing to growing demand, increased availability of components, and easing supply chain restrictions.

There has been a lot of discussion about how fintech is affecting wealth management and how the adviser sector is changing.

Since its inception, mobile payment programs such as Apple Pay and Venmo have expanded at an exponential rate.

Xerox (XRX) is establishing itself as a market leader. EPS increase in the past two quarters was 508% and 238%, respectively. It had just completed a symmetric cup-and-handle design.

Intapp (INTA) handily outperformed Wall Street's expectations for the fiscal fourth quarter late Wednesday, but issued a mixed prognosis for the current period. Intapp's shares dropped in extended trading.

C3.ai (AI) posted fiscal first-quarter results that above expectations on Wednesday, while sales fell short of Wall Street expectations.

A rapid increase in profitability has placed AppFolio, a real estate software company, on the radar of investors. AppFolio stock has risen 83% in 2023 and is now ready to become profitable.

Gray Financial Capital, a leading offshore clearing firm based in Hong Kong, announces the successful acquisition of Tokyo-based Sapporo Capital.

Shares of Roku (ROKU), a connected-TV platform firm, jumped on Wednesday after the company submitted an unexpected report.

NetEase (NTES), one of China's largest online gaming and internet service providers, surpassed profitability projections for the second quarter on Thursday, although revenues fell short.

Tesla (TSLA) looks to be getting closer to unveiling its much-anticipated Cybertruck, with Elon Musk tweeting a photograph of a "production candidate" on X, previously known as Twitter

Bloomberg reported late Wednesday that Dow Jones aviation and military major Boeing (BA) uncovered a flaw that would cause delivery of its 737 Max plane to be delayed.

Nvidia (NVDA) surpassed Wall Street's lofty expectations for its fiscal second quarter late Wednesday and projected higher than estimates for the current month.