Central Latest News (Hong Kong Island, Hong Kong)

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.

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.

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.

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.

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.

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.

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.

Fluence Energy (FLNC), today's IBD 50 Stocks To Watch selection, is having its better fiscal performance eroded by an unfavorable outside day for the growth company.

AMZN is a stock owned by Amazon.com.On Friday, O rose 9% on signals that both of its growth engines, e-commerce and cloud computing, were performing well in an uncertain environment.

The 30-year average mortgage rate rose for the third day on Thursday, while the 15-year rate rose to its highest level in four weeks. On the other hand, the 30-year refinancing average fell to conclude a five-day rally.

In what China described as a significant step toward creating reusable space transportation technology

Apple Inc (AAPL.O) said on Thursday that component shortages are improving and that demand for iPhones remains strong despite customers cutting back on other purchases.

Businesses are reducing compliance costs by as much as 50% through the use of regulatory technology.

Elon Musk said on Friday that the goal of his new artificial intelligence business, xAI, is to "understand the universe."

Most Gulf stock markets closed higher on Monday, extending gains as investors increased their wagers on the conclusion of US interest rate rises.

While the Federal Reserve rapidly hiked the benchmark interest rate to manage historically high inflation, abundant evidence suggests that the central bank did not go far enough

Ark Invest, led by Cathie Wood, is capitalizing on its strategic acquisition of Coinbase (COIN) over the past year

Robert Iger, who previously led Disney from 2005 to 2020, made an unforeseen comeback in November of the previous year following the dismissal of his successor, Chapek.

With geopolitical instability, increasing rates, and high inflation, firms and investors have had a difficult macro environment to manage.

With startups Nio (NIO), Li Auto (LI), and XPeng (XPEV) reporting electric car deliveries for the month and second quarter on Saturday, China EV sales increased in June.

As an iconic American giant, General Electric (GE) is rapidly reaching the end of the runway. GE is getting ready to launch in a new route as GE Aerospace, a pure-play aviation and military company.

Based on growth, industry forecast, and market performance, these stocks were chosen. Consider these stocks whether you're a novice or experienced investor. Let's examine July 2023's best three stocks.

Super Micro Computer Inc. (SMCI) missed Wall Street's lower projections for its fiscal third quarter late Tuesday but projected far better than expectations for the current period. In extended trading, the SMCI stock rose.