Hong Kong Press Releases

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.

Taiwan Semiconductor Manufacturing (TSM), the world's largest contract chipmaker, surpassed analyst expectations for the third period on Thursday. TSM's shares surged in response to the announcement.

Apple (AAPL) investors are still hoping for a stock rebound with the debut of the iPhone 15, which went on sale on September 22.

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.

With the recent turmoil sparked by the JPEX exchange's collapse, the cryptocurrency industry in Hong Kong faces an unprecedented critical moment, involving a staggering amount of 1.5 billion Hong Kong dollars.

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

According to a Wall Street analyst, Cadence Design Systems (CDNS) and Synopsys (SNPS), both pioneers in electronic design automation, are relative safe havens in the volatile semiconductor business.

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.

Coinbase Global (COIN) stock rose after the Monetary Authority of Singapore granted the largest US digital currency exchange a Major Payment Institution (MPI) license.

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

The newest edition to the IBD breakthrough companies Index contains an appealing array of companies on the cusp of a breakthrough move

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.