Hong Kong Press Releases

Nokia (NOK) American depositary receipts (ADRs) plummeted more than 5% in early trade Tuesday, while Ericsson (ERIC) jumped 1.6% after AT&T (T) selected Ericsson for a $14 billion agreement to update its cellular network.

Synchrony Financial (SYF) stock soared after the consumer finance company announced the sale of its Pets Best Insurance Services unit to Poodle Holdings.

Amazon announced it sold 1 billion products in 11 days of prolonged promotional discounts. The record-breaking Black Friday sales occurred despite the activist movement Make Amazon wages's "biggest ever global strike" on Friday

On Wednesday, during intraday trading, the shares of Cigna Group (CI) and Humana Inc. (HUM) saw a precipitous decline after a rumor that the two enormous health insurance firms would combine their operations.

SoFi Technologies (SOFI) will discontinue its crypto services on December 19. Existing accounts will have the option of migrating to the Blockchain.com platform or being closed and liquidated at that time, subject to a few restrictions.

Amazon (AMZN) is establishing an artificial intelligence (AI) skills training program to assist employees in developing critical skills as organizations face an AI talent shortage.

Assignment tasks and projects are pivotal in academic learning, allowing students to apply theoretical concepts to given scenarios and enhancing their analytical and problem-solving skills.

ICC Camp (Imagine Creation Combinator Camp), an accelerator focused on the Web3 gaming ecosystem, announces its official launch today, with key strategic support from the Asia Blockchain Gaming Alliance (ABGA) and Web3Labs.

Housing Market Group's Remarkable Journey in Revolutionizing Real Estate Hong Kong, November 2023 – Housing Market Group, a pioneer in software and digital marketing solutions for the real estate industry, is continually reshaping property dealings in...

Best Buy (BBY) stock fell after the electronics retailer's revenues fell and it reduced its outlook due to a slowdown in consumer spending.

Ford (F) is decreasing projected output at a new $3.5 billion electric vehicle (EV) battery factory in Michigan due to declining EV demand, the company's attempts to cut costs, and labor costs related with the new United Auto Workers (UAW) contract.

Nvidia (NVDA) shattered analyst forecasts for third-quarter financials after the bell Tuesday, with adjusted profits per share (EPS) and sales more than doubling from the prior-year quarter, as the AI market continues to heat up.

NetEase Exceeds Analyst Expectations in Q3 Earnings Report, But Stock Falls On Thursday, Chinese video game publisher and internet services provider

Datadog (DDOG) has had a tumultuous few months, with DDOG stock fluctuating significantly.

Starbucks (SBUX) union workers have called for a walkout on "Red Cup Day" coming Thursday, one of the chain's most important promotional events of the year.

Amidst a spike in demand for AI tools, Microsoft (MSFT) revealed the Azure Maia AI Accelerator, a unique processor "optimized for artificial intelligence (AI) tasks and generative AI (genAI)."

OpenAI, the manufacturer of ChatGPT, revealed GPT-4 Turbo, its latest and most powerful artificial intelligence model, at its developer conference on Monday, in a move that might help the business stay ahead of the competition from digital behemoths.

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.