Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a snapshot of what I'm seeing and hearing from local businesses.
Palantir topped second-quarter earnings estimates on Monday and said commercial revenue more than doubled from a year ago. The stock surged 12% after the numbers were released.
Coffee prices settled mixed on Monday. Arabica coffee closed sharply lower as drier conditions in Brazil’s coffee-growing regions should allow for the pace of the country’s coffee harvest to pick up. Somar Meteorologia …
Snap reported better-than-expected revenue and earnings for the second quarter and issued a forecast for the current period that topped analysts' estimates. The stock jumped about 8% in extended trading.
The dollar index (DXY00) fell to a 7-week low on Monday and finished down by -0.02%. The dollar moved lower on Monday as easing geopolitical tensions in the Middle East boosted stocks and reduced safe-haven demand for t…
Nat-gas prices settled higher on Monday as increased flows to liquefied natural gas export terminals reduced US domestic supplies. Estimated LNG net flows to US LNG export terminals on Monday were 18.0 bcf/day, the most…
In the case of Goldman Sachs Dynamic California Municipal Income, the RSI reading has hit 29.6 — by comparison, the RSI reading for the S&P 500 is currently 58.6. A bullish investor could look at GCAL's 29.6 reading as …
A coalition of 25 Democratic-led states sued the Trump administration Monday, arguing President Donald Trump exceeded his authority by imposing sweeping tariffs on goods from 60 U.S. trading partners.
McDonald's (MCD) posted second quarter earnings on Tuesday before the market opened that slightly missed the mark as consumers face a challenging economic backdrop.
Kosmos Energy (NYSE:KOS - Get Free Report) will likely be releasing its Q2 2026 results before the market opens on Monday, August 3rd. Analysts expect the company to post earnings of $0.0895 per share and revenue of $47…
Shares of Amazon hit a new all-time high on Monday, putting its market cap over the $3 trillion threshold for the first time following a better-than-expected earnings report last week.
Hugging Face CEO Clément Delangue said China is winning the artificial intelligence race with open-source models and could catch up to U.S. model makers as soon as this year.
Sony and Marvel's "Spider-Man: Brand New Day" webbed up more than $360 million during its opening weekend in the U.S. and Canada, breaking the record for the highest-grossing debut of all time. The previous record was $…
California is home to the highest fuel prices in the U.S. as well as the busiest containership port complex in the nation. So as the Iran war enters its sixth month and petroleum-product prices remain elevated, consumer…
Corn prices are down 3 to 4 cents on Monday morning. Futures posted losses of 1 ½ to 5 cents on the Friday session, as September and December both closed the week with a 23 ½ cent loss. Spillover weakness from wheat, ra…
The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.70%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.53%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.60%. September E-mini S&P futures (ESU26) r…
Looking at the chart above, DFAT's low point in its 52 week range is $44.01 per share, with $61.75 as the 52 week high point — that compares with a last trade of $51.97. Comparing the most recent share price to the 200 …
Looking at the chart above, PAVE's low point in its 52 week range is $44.9512 per share, with $60.43 as the 52 week high point — that compares with a last trade of $57.15. Comparing the most recent share price to the 20…
What happened: Semiconductor stocks trimmed losses on Monday, with the PHLX Semiconductor Index (SOXX) recovering from a more than 2% drop as the sector shrugged off fears of increased competition from China and the ove…
NEW YORK--(BUSINESS WIRE)--JPMorganChase today announced the firm intends to deploy over $750 billion through 2035 to increase housing supply and support homeownership in the United States. This marks a nearly 40 percen…
A common question about premium credit cards is: When does it actually make sense to pay $595 for a credit card? It’s a fair question because $595 is a significant upfront commitment, and for many people, a premium card…