KGWV · U.S. MARKET INTELLIGENCE
JD.com reported its first quarterly revenue decline since listing in 2014, sending its shares down 10% in Hong Kong. Second-quarter revenue fell 2.9% to 346.4 billion yuan ($51.4 billion), but still came in slightly above the average analyst estimate. The reve…
Goldman Sachs is in talks with potential investors about participating in Nvidia’s $500 billion artificial-intelligence financing plan. The bank secured a coveted role in the transaction, in part because of its longstanding relationship with the chipmaker. One…
OpenAI is expected to go public in the U.S. later this year, potentially at a valuation of $1 trillion, prompting investors to closely watch the company’s developments. According to recent reports, OpenAI appears to have made significant financial progress. It…
CoreWeave shares jumped 19% after the company reported its second-quarter results. The “new cloud” company, which builds data centers and sells AI computing capacity, posted exceptionally strong revenue and order figures, but its losses and cash consumption wo…
Applied Materials’ decline in after-hours trading widened to 5%, Cailian Press reported.
Based on signals from Microsoft's latest earnings report, the company's recovering stock still has room to rise, according to analyst Samik Chatterjee. Chatterjee issued a bullish research note on Microsoft on Thursday, raising his price target to $625 from $5…
Gemini Space Station reported second-quarter revenue of $45.5 million, compared with an estimate of $43.5 million.
The Federal Reserve’s rarely used liquidity facility recorded no activity last week, again indicating that Japan did not use it during its latest effort to support the yen. Meanwhile, foreign monetary authorities placed more cash with the Fed. The average bala…
Applied Materials’ chief executive currently expects revenue from the company’s overall packaging business to grow more than 70% in 2026.
HSBC said Asia’s automation industry is in a more durable upswing than expected, supported by AI capital spending, with no signs of a slowdown. The current upcycle began in the third quarter of 2025 and has been running for about a year. Investors had been con…