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25/06/2026
Qualcomm (QCOM.O) CFO: Our company's goal is to achieve data center revenue exceeding $15 billion in fiscal year 2029.
Latest
4 m ago
Semiconductor stocks in the US soared after-hours trading on Wednesday. Micron Technology, the largest computer memory chip manufacturer in the US, saw its stock price surge by 15% after-hours, as its performance and forecast exceeded expectations and boosted investors' confidence in the future of the artificial intelligence industry. As of Wednesday's close, Micron's stock price has already risen by approximately 270% this year. Boosted by Micron's performance, Qualcomm's stock price also saw a 15% increase at one point. During an investor day event held on Wednesday, Qualcomm made a series of positive comments on the growth prospects in the artificial intelligence sector. Qualcomm stated that its expansion in the data center chip sector will bring in "billions of dollars" in revenue for the fiscal year starting in October.
6 m ago
Sing Hing Chinese (06698.HK) spent HK$5,994.75 on June 24 to repurchase 7,500 shares.
9 m ago
The issuance of investment-grade bonds in the United States set a new record in June, driven primarily by strong investor demand and large-scale borrowing related to the AI spending boom. According to Bloomberg data, issuance this month has reached $175 billion, 60% higher than the full-year level in June 2025 and surpassing the historical peak set in 2020 - when borrowing activity surged in the near-zero interest rate environment following the COVID-19 pandemic. The rapid pace of bond issuance highlights the profound impact of tech companies financing AI infrastructure construction on the debt market. NVIDIA and SpaceX each issued $25 billion in high-rated bonds this month, bringing the overall issuance volume well above the traders' previous forecast of around $130 billion for June.
9 m ago
Trip.com's net income for Q1 2026 was 16.2 billion, and Q2 is expected to slow significantly, potentially recording the slowest quarterly growth rate in the past four years.
13 m ago
According to CME's "Fed Watch": The probability of the Fed maintaining interest rates in July is 65.8%, while the probability of a cumulative 25 basis point rate hike is 34.2%. The probability of the Fed maintaining interest rates in September is 33.6%, while the probability of a cumulative 25 basis point rate hike is 49.7%, and the probability of a cumulative 50 basis point rate hike is 16.7%.
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