Strong quarterly results from Micron and SK Hynix's U.S. ADR listing drive gains in AI-focused memory chip demand. The Roundhill Memory ETF (DRAM) surged 12.6% following Micron Technology’s (MU) better-than-expected quarterly earnings and SK Hynix’s (SKHY) announcement of
Trip.com Group targets 200 million inbound travelers by 2031 while forecasting Q2 2026 net revenue growth of 3% to 8%. Trip.com Group announced plans to serve 200 million inbound travelers over the next five years, aiming to expand its international presence. The company’s
The merger creates a leading community banking franchise in the Southeast with a combined valuation of approximately $163 million. Colony Bankcorp (CBAN) will acquire First Reliance Bancshares (FSRL) in a $163 million all-stock transaction. The deal grants Colony 100% owne
Taysha Gene Therapies aims to raise $200M Taysha Gene Therapies priced its shares at $6.00 in an underwritten public offering. The offering includes common stock and pre-funded warrants, aiming for $200M in gross proceeds. Taysha Gene Therapies shares fell 9.2%
Danske Research Team notes global equities ended slightly lower, with energy and materials dragging, but sector dispersion remained wide. Lower Oil prices are seen as a relief for consumers, while strong Micron results reinforced confidence in technology earnings Th
Volkswagen secures €7.4 billion from the sale to refocus its investment portfolio and streamline operations. Volkswagen Group has agreed to sell a controlling stake in its subsidiary Everllence to private equity firm Bain Capital for €7.4 billion ($8.4 billion). The deal a
Micron’s earnings soared in Q3 2026, with revenue tripling year-over-year and EPS jumping to $25.11 from $1.91. Micron reported Q3 revenue of $41.46 billion, a 345.7% increase from the same period last year. The surge reflects strong demand and improved market conditions f
The exchange secured regulatory approval under MiCA rules, positioning itself for broader EU market access ahead of the deadline. Coinbase (COIN) has received a Markets in Crypto-Assets (MiCA) license by establishing its European Union headquarters in Luxembourg. The move
Strong Micron Technology results drive a chip sector surge, lifting Asian tech indexes despite broader Wall Street declines. Asian markets showed sharp divergence Thursday after Micron Technology’s robust earnings report ignited a chip sector rally. Tokyo’s Nikkei and Seou
Alibaba stock drops to 16-month low Alibaba Group Holding shares slid to a 16-month low in Hong Kong after Anthropic reportedly accused the company of accessing its AI model illicitly. The company's stock tumbled as much as 4.9%, extending this year's losses. Ali
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