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HKG:0857.HK 20 October 2025

PetroChina Stock Jumps on Oil Boom, Dividend Windfall & Stablecoin Ambitions

PetroChina Stock Jumps on Oil Boom, Dividend Windfall & Stablecoin Ambitions

PetroChina’s Hong Kong shares jumped over 4% to HK$7.65 on October 20, nearing a 52-week high. The company reported a record 2024 net profit of ¥164.7 billion and raised its final dividend. PetroChina added 1.15 billion barrels of shale oil reserves and proposed a ¥40 billion gas storage acquisition. Management plans to pilot stablecoin-based cross-border settlements for oil and gas trades.
20 October 2025
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Stock Market Today

  • Stock Movers Today: Nvidia Rises on Strong Earnings, Intuit Falls After Layoffs
    May 21, 2026, 6:18 AM EDT. Nvidia shares climbed after reporting better-than-expected earnings, driven by robust sales in its chip business. In contrast, Intuit's stock dropped following news of workforce reductions, weighing on investor confidence. Other notable movers included Applied Digital and Walmart, reflecting mixed sector performances.

Latest articles

Dow slides 406 points as the AI surge stalls and an oil shock rattles the US market

US Stock Futures Tick Higher As Nvidia Earnings Put Wall Street’s AI Rally Back In Focus

21 May 2026
U.S. stock index futures rose slightly early Thursday, with Dow futures up 111 points and S&P 500 and Nasdaq 100 futures posting smaller gains. Nvidia reported record quarterly revenue of $81.6 billion and announced an $80 billion share buyback, but shares slipped in premarket trading. The U.S. 10-year Treasury yield hovered near 4.58%. Oil prices edged lower amid ongoing Middle East developments.
Nu Holdings Shares Rebound as Street Scrutinizes Credit Again

Nu Holdings Shares Rebound as Street Scrutinizes Credit Again

21 May 2026
Nu Holdings shares hovered near $12.79 in early New York indications Thursday after a 4.1% rebound, but remained down 23.6% for 2026. UBS cut its price target to $16.90 from $18.10 while keeping a Buy rating. The company reported record first-quarter revenue and profit but increased loan-loss reserves, raising investor concerns over credit quality.
Nokia Shares Slide as Company Moves on AI Networking

Nokia Shares Slide as Company Moves on AI Networking

21 May 2026
Nokia shares fell 0.7% to 11.650 euros in Helsinki on Thursday, underperforming the OMX Helsinki 25 index, after the company opened a new AI Networking Innovation Lab in Sunnyvale, California. The stock had recently hit a 16-year high following strong first-quarter results and a surge in AI and cloud orders.
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