Longsys Aims for $800M Hong Kong IPO at Steep Discount to Shenzhen Price
Longsys seeks up to $800M in a Hong Kong IPO, pricing shares at a 45% discount to its Shenzhen stock.
Longsys seeks up to $800M in a Hong Kong IPO, pricing shares at a 45% discount to its Shenzhen stock.
Nvidia's 8.7% post-earnings gain brightened sentiment, but Marvell's 10.3% drop showed selectivity remains key in Q3 earnings.
Nvidia jumped after earnings but gave back most gains by Friday, continuing a rare pattern noted by Tom Lee.
Marvell shares fell over 8% after earnings beat estimates but investors focused on the timeline for Google AI-chip revenue.
South Korea's NPS posted a record 27.22% return in H1 2026, driven by AI-linked domestic stocks, with zero direct Bitcoin exposure.
Cramer attributes Marvell's 8% post-earnings drop to valuation, not results, as data center stocks face high expectations.
Hyperliquid Strategies shares jumped 11% after reporting $305.5M net income, driven by HYPE token gains.
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CrowdStrike shares rose 20.5% after record Q2 results; CEO tied demand to rising AI-driven cyberattacks.