Facing pressure from Trump, the two energy giants in the United States refuse to increase oil production.

In the face of the soaring oil prices to $126 and the severe energy crisis, ExxonMobil and Chevron are resisting the White House's pressure to increase production. The two giants are refusing to compromise for short-term crises, sticking to their strategy of prioritizing free cash flow over capacity expansion. Despite first-quarter profits being dragged down by hedge losses, they are achieving maximum capital gains by operating at record refinery utilization rates and precisely harvesting high-priced refined products in a volatile market.

1 h ago

The scale of the Japanese government's foreign exchange market intervention has surfaced! It is suspected to have propped up the yen with $34.5 billion. The foreign exchange market has entered a "high volatility golden week".

According to analysts' analysis of the central bank's accounts, Japan's first intervention in the exchange rate since July 2024 to support the yen may have cost about $34.5 billion. On Thursday evening, the yen appreciated significantly, with Japanese Finance Minister Katayama warning of imminent "bold action," and a source later confirming that authorities had entered the market.

2 h ago

European electricity giant Ceres Power's stock price soared 1000%! The narrative axis of "AI at the end is electricity" shifts to fuel cells.

Ceres Power Holdings Plc stock price continues to rise, with nearly a 1000% increase in the past year. The market's optimism for fuel cell technology has driven the stock to reach a new high not seen in many years.

3 h ago

SanDisk (SNDK.US) financial report explodes but stock drops! Goldman Sachs Group, Inc.: significantly raise target price, stock price will eventually rise.

Despite the fact that the share price of SanDisk (SNDK.US) briefly fell 6% after hours, Goldman Sachs believes that this was due to overly high expectations, and has significantly raised its 12-month target price from $700 to $1200. The average EPS forecast has been increased by approximately 55%.

3 h ago

In 2027, AI capital expenditure is expected to reach $1 trillion.

Bank of America raised the global cloud vendor capital expenditure for 2026 to over $800 billion (a year-on-year increase of 67%), and it may exceed a trillion in 2027.

4 h ago

September is a critical juncture! JPMorgan Chase: By then, crude oil inventories will be close to the limit, and the Strait of Hormuz will "definitely reopen no matter what"

JPMorgan Chase analysis says if the blockade of the Strait of Hormuz continues, global crude oil inventories will hit bottom in September and the global oil circulation system will face a substantial risk of failure. Before September, "the strait will reopen no matter what."

5 h ago

EB Securities: Hong Kong stock market expected to continue to recover, focus on technology sector.

In April, the Hong Kong stock market rebounded, but the market as a whole is still in a recovery phase. Currently, Hong Kong stocks in the technology sector are at a low valuation, with negative news coming to an end, capital inflows, and AI catalyzing a four-fold resonance window, highlighting their allocation value.

5 h ago

New stock news | Changhong New Materials submits its GEM listing application to the Hong Kong Stock Exchange for the second time, with 11 heating product production lines located in Changchun City.

According to the disclosure on April 30, 2026 by the Hong Kong Stock Exchange, Changhong New Materials Group Limited (referred as Changhong New Materials) has submitted a second listing application to the Hong Kong Stock Exchange GEM, with Jianquan Financing Limited being its exclusive sponsor.

6 h ago

The Middle East situation and rising costs are squeezing Toyota Motor Corp. Sponsored ADR (TM.US), quarterly profits may face "four consecutive declines"

Toyota's upcoming financial report is expected to reveal that the company's operating profit has seen a year-on-year decline for the fourth consecutive quarter.

6 h ago

New stock news | Changhong New Materials submits second application to Hong Kong Stock Exchange GEM

According to the disclosure by the Hong Kong Stock Exchange on April 30, 2026, Changhong New Materials Group Limited (referred to as Changhong New Materials) resubmitted its application for listing on the GEM of the Hong Kong Stock Exchange, with Jianquan Financing Limited as its exclusive sponsor.

6 h ago

NIO Inc. (09866) delivered a year-on-year increase of 22.8% in April. The ES9 will be launched and delivered in late May.

In April 2026, Nio Inc. (09866) delivered 29,356 new vehicles, a year-on-year increase of 22.8%.

7 h ago

LI AUTO delivered 34,085 vehicles in April.

On May 1st, according to the official Weibo account of Ideal Car-W(02015), Ideal Car delivered 34,085 new vehicles in April 2026. As of April 30, 2026, the cumulative delivery volume of Ideal Car in history reached 1,669,442 vehicles.

7 h ago

Middle East impact raises costs! Consumer giant Unilever PLC Sponsored ADR (UL.US) is going to raise prices.

Unilever announced that it will raise prices for some products. The company expects annual cost inflation to reach 750 million to 900 million euros, up to 500 million euros more than initially anticipated. The chief financial officer stated that there will be "multiple small price increases," and if inflation continues, the increases may reach 2% to 3%. The price hikes will mainly target household and personal care products, focusing on the markets in Asia, Africa, and Latin America, and will be implemented in the second half of the year.

7 h ago

New Stock News | Anhui Huaheng Biotechnology Co., Ltd. (688639.SH) submitted a listing application to the Hong Kong Stock Exchange and realized industrialization of a series of amino acid anaerobic fermentation processes.

According to the disclosure by the Hong Kong Stock Exchange on April 30, 2026, Anhui Huaheng Biotechnology Co., Ltd. (referred to as Huaheng Biotechnology (688639.SH)) has submitted its listing application to the Hong Kong Stock Exchange, with Huatai International acting as the exclusive sponsor.

7 h ago

Spokesperson of the Ministry of Commerce answers questions from reporters on the FCC's review and approval of testing certification and related restrictions in the telecommunications field.

The spokesperson of the Ministry of Commerce stated that the Federal Communications Commission of the United States has abandoned the principle of technological neutrality, generalized the concept of national security, and frequently introduced restrictive measures without factual basis, discriminating against companies and products from countries including China. This seriously harms the interests of China and other relevant trading partners.

9 h ago

New stock news | Anhui Huaheng Biotechnology Co., Ltd. (688639.SH) filed with the Hong Kong Stock Exchange.

According to the disclosure by Hong Kong Stock Exchange on April 30, 2026, Anhui Huaheng Biological Technology Co., Ltd. (abbreviated as: Huaheng Biology (688639.SH)) has filed an application for listing with the Hong Kong Stock Exchange, with Huatai International as the exclusive sponsor.

9 h ago

The SEC approves Nasdaq to launch predictive options tied to the 100 Index and its mini-index.

The SEC has approved Nasdaq's proposal to change its rules, allowing it to list and trade prediction market options tied to benchmark indices on its MRX exchange.

9 h ago

New stock news | Junqi Holdings Limited submitted an application to the Hong Kong Stock Exchange. In 2025, the company has a 12.8% market share of the Chinese beauty service platform in Taiwan.

According to the disclosure by the Hong Kong Stock Exchange on April 30, 2026, JunQi Holdings Limited has submitted an application for listing to the Hong Kong Stock Exchange, with Guotai Junan as the sole sponsor.

9 h ago

The US announced the "end of hostile actions" towards Iran, shifting strategic focus towards deepening economic blockades and diplomatic confrontations.

Senior officials of the United States government announced that the "hostile actions" from the joint military operation against Iran, codenamed "Operation Epic Fury," which began on February 28th of this year, have ended.

10 h ago

Western Digital conference call: Storage demand is experiencing "leapfrog growth", with a compound annual growth rate exceeding 25%, and order visibility extending to 2029.

Western Digital CEO pointed out that AI computing is undergoing a structural transformation towards forward inference and intelligent agent AI, where "every token and cue" creates non-recoverable persistent data, forming a complex cycle of "inference creates data, agents generate more data," and the compound annual growth rate of long-term storage demand will exceed 25%. Currently, the company's order visibility has extended to 2029, with the 40TB EPMR drive scheduled for mass production in the second half of 2026, and HAMR technology certification progress exceeding expectations.

10 h ago

GMT Eight

GMT Eight