KGWV · U.S. MARKET INTELLIGENCE
Tencent released its second-quarter 2026 financial results. During the quarter, the company advanced its AI strategy, with its Hunyuan large language model and agent applications forming a “double helix” that helped drive growth in cloud-services revenue. Tenc…
JPMorgan raised its price target for Super Micro Computer to $45 from $32, according to CLS.
U.S. stock-index futures rose in the short term, with Nasdaq-100 futures up 0.7%. U.S. Treasurys also rose, while the 10-year Treasury yield fell 3 basis points to 4.66%.
Sanrio, the parent company of Hello Kitty, reported fiscal first-quarter results on Wednesday in Tokyo, sending its shares down 18% after several months of gains. For the quarter ended in June, revenue rose 20.7% year over year to 52.04 billion yen ($326 milli…
According to multiple filings submitted by the artificial-intelligence hedge fund Situational Awareness, the fund bought shares of Japanese server-component maker Taiyo Yuden in late June, at one point raising its stake to 16.61% before later reducing it. Taiy…
Tencent Holdings’ fintech and business services revenue rose 9% year over year to RMB60.3 billion in the second quarter of 2026. Growth in fintech services revenue was mainly driven by higher revenue from commercial payments, wealth management and consumer len…
Tencent Holdings’ financial report shows that the company significantly increased its computing-power purchases in the third quarter this year, which is expected to help convert usage of its applications and models into revenue. The company also continued refi…
Tencent Holdings’ second-quarter domestic gaming revenue was 47.3 billion yuan, up 17% year over year, driven by growth in multiple major games. International gaming revenue was 18.6 billion yuan, down 0.8% year over year because of the impact of exchange-rate…
Toyota said Tuesday that it is recalling about 655,000 Camrys worldwide because of a dashboard display defect. The problem may disable the turn signals, hazard warning lights and some safety alerts, increasing the risk of a crash. The recall covers vehicles bu…
India’s electric-vehicle industry is scaling rapidly, with EV sales exceeding 2.5 million vehicles in FY26. But the supply chain remains heavily dependent on Chinese imports: battery cells are 100% imported, with about 75% coming from China, while more than 90…