Today: 9 April 2026
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HKG:09988 10 October 2025 - 6 November 2025

Wall Street Braces for Shutdown: Stocks Rally as Fed Cuts Loom – Tech & Defense in Focus

Hong Kong stocks today (Nov 6, 2025): Hang Seng jumps 2.1% as chips & commodities surge; Pony.ai and WeRide sink on Hong Kong debut

The Hang Seng Index closed up 2.12% at 26,485.9, with turnover near HK$234.7 billion. Semiconductors, metals, and large-cap internet stocks led gains. Two major robotaxi IPOs, Pony.ai and WeRide, dropped 9–10% on debut despite the broader market rally. China-related indices and tech shares outperformed.
Alibaba Stock Soars on AI Frenzy – Can the Rally Last?

Alibaba Stock Soars on AI Frenzy – Can the Rally Last?

Alibaba’s U.S. shares surged nearly 8% on Sept. 24, 2025, hitting a four-year high near $176 and doubling year-to-date. The jump followed CEO Eddie Wu’s AI strategy announcement and strong cloud revenue growth, while adjusted operating profit fell 14% last quarter due to heavy investment. Hong Kong shares also reached multi-year highs. Most analysts rate the stock a Buy, with targets up to $240.

Stock Market Today

  • Daily Dividend Updates: McCormick, AGNC, Lennar, ADP, Enterprise Products Partners
    April 9, 2026, 1:42 PM EDT. McCormick declared a $0.48 quarterly dividend payable April 27, continuing its 102-year dividend streak. AGNC Investment announced a $0.12 cash dividend payable May 11. Lennar plans a $0.50 quarterly dividend payable May 6 for Class A and B shares. Automatic Data Processing (ADP) declared a $1.70 dividend payable July 1. Enterprise Products Partners declared a $0.55 quarterly distribution, up 2.8% from last year, payable May 14. These dividends reflect ongoing company commitments to shareholder returns across varied sectors, with multiple payment dates and record dates set for April and May 2026.

Latest article

Amazon Stock Rises After Andy Jassy Reveals AWS AI Revenue, Defends $200 Billion Spend

Amazon Stock Rises After Andy Jassy Reveals AWS AI Revenue, Defends $200 Billion Spend

9 April 2026
Amazon shares rose 5% Thursday after CEO Andy Jassy revealed AWS’s AI services are generating over $15 billion annually and its chip business more than $20 billion. Jassy said much of AWS’s $200 billion in planned 2026 spending is backed by customer commitments, including a $100 billion OpenAI deal. He also highlighted deep job cuts and a push for smaller teams. Amazon now operates over 1 million robots and plans to launch its Leo satellite network in mid-2026.
Unilever Snaps Up Grüns to Deepen U.S. Wellness Push After McCormick Food Deal

Unilever Snaps Up Grüns to Deepen U.S. Wellness Push After McCormick Food Deal

9 April 2026
Unilever said Thursday it will acquire U.S. greens-supplement brand Grüns for an undisclosed sum, with the deal expected to close later this year pending approvals. Grüns was valued at about $500 million in a 2025 Series B round, according to Reuters. The purchase follows Unilever’s recent agreement to combine its food business with McCormick.
Lumentum Stock Nears $960 After JPMorgan, Mizuho Raise Targets on Nvidia AI Optics Demand

Lumentum Stock Nears $960 After JPMorgan, Mizuho Raise Targets on Nvidia AI Optics Demand

9 April 2026
Lumentum shares climbed Thursday after JPMorgan raised its price target to $950, following Mizuho’s hike to $930. The moves come after Nvidia agreed last month to invest $2 billion in Lumentum and make multibillion-dollar purchase commitments. Lumentum reported February quarter revenue of $665.5 million, up 65.5% year-over-year. An SEC filing showed Lumentum will swap 5.7 million shares for $474.6 million in convertible notes.
SBTi Says Corporate Climate Targets Jumped 40% in 2025 as Asia Closes In on Europe

SBTi Says Corporate Climate Targets Jumped 40% in 2025 as Asia Closes In on Europe

9 April 2026
The number of companies with Science Based Targets initiative-validated climate goals reached 9,764 by the end of 2025, up 40% from the previous year. Asia added 1,216 companies, nearly matching Europe’s increase. Europe held 49% of validated targets, Asia 36%, and North America 11%. Japan led single markets with 2,091 companies.
Palantir Stock Drops as Michael Burry Says Anthropic Is ‘Eating Its Lunch’

Palantir Stock Drops as Michael Burry Says Anthropic Is ‘Eating Its Lunch’

9 April 2026
Palantir Technologies dropped about 7% Thursday after Michael Burry said Anthropic was overtaking it in enterprise AI, putting Palantir on track to lose $34 billion in market value. Anthropic reported its annualized revenue run rate had surged past $30 billion and launched new AI tools for businesses. Nearly one in four businesses on Ramp now pays for Anthropic, according to Ramp data. Palantir’s stock still trades at 395 times earnings.
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