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24/09/2025
Hong Kong issues Signal No. 10 for Typhoon.
Latest
5 m ago
Micron Technology's financial report exceeds expectations.
5 m ago
Micron Technology reported adjusted revenue of $11.32 billion in the fourth quarter, exceeding analysts' expectations of $11.15 billion. The adjusted operating profit for the fourth quarter was $3.96 billion, surpassing analysts' expectations of $3.67 billion. The gross profit margin for the fourth quarter was 45.7%, higher than analysts' expectations of 44.3%. For the first quarter, Micron Technology expects adjusted revenue to be between $12 billion and $12.8 billion, while analysts had predicted $11.91 billion. The expected gross profit margin for the first quarter is between 50.5% and 52.5%, compared to analysts' expectations of 45.7%. Micron Technology's stock (MU) rose by 3.7% after hours, while Western Digital and Sandisk also saw increases in after-hours trading.
7 m ago
Source: Officials from the Trump team seek to obtain shares in a US lithium company as part of renegotiating a $2.26 billion loan for the Thacker Pass lithium mine project. The US lithium company has provided zero-cost warrants to the Trump administration, corresponding to a stake of 5% to 10% of the company's common stock.
9 m ago
Market news: Stablecoin giant Tether seeks to obtain a valuation of $500 billion in a large-scale financing.
10 m ago
Governor of the Bank of Canada, McKlum: The concern in the market is that just when you need hedging the most, this hedging tool may no longer exist.
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