Today: 1 May 2026
Browse Category

HKG:2007.HK 11 August 2025

Global Markets Surge, Tech Tariffs Twist & Oil Slumps – Business Roundup (Aug 10-11, 2025)

Global Markets Surge, Tech Tariffs Twist & Oil Slumps – Business Roundup (Aug 10-11, 2025)

Europe’s STOXX 600 rose 0.3% while the MSCI World index neared a record high. Bank of America said 45% of fund managers are long Nvidia and Microsoft, making big U.S. tech the most crowded trade again. Only 5% of investors expect a hard-landing recession. Oil prices fell, with Brent below $67 and WTI near $63.30.
11 August 2025
········

Stock Market Today

  • Cocoa Prices Climb Amid Steady Chocolate Demand and Supply Concerns
    May 1, 2026, 4:21 PM EDT. Cocoa prices rose with July ICE NY cocoa up 0.76%, and London cocoa hitting a 2.5-month high, driven by resilient chocolate demand evidenced in strong earnings from Hershey and Mondelez. Analysts like StoneX cut global surplus forecasts for 2026/27 and 2025/26 due to El Niño risks affecting West African crops. Supply disruptions from the Strait of Hormuz closure also increased costs, supporting prices. However, weak demand in North America and Europe, with cocoa grindings and chocolate sales falling, temper gains. Conversely, Asian cocoa grindings rose 5.2%, boosting outlook. Inventory levels at a 20-month high add bearish pressure. Stable Ivory Coast shipments and declining Nigerian exports further influence market dynamics as cocoa supply and demand balance shifts.

Latest article

Zoom Communications Stock Jumps as May 21 Earnings Test Puts AI Plan on Clock

Zoom Communications Stock Jumps as May 21 Earnings Test Puts AI Plan on Clock

1 May 2026
Zoom shares rose 6.6% to $103.60 Friday, trading over 4.7 million shares. The company will report first-quarter fiscal 2027 results on May 21 and hold its virtual annual meeting on June 11, where shareholders will vote on directors, auditor, and executive pay. Fourth-quarter revenue reached $1.247 billion, up 5.3% year-over-year.
GameStop’s $9 Billion Cash Pile Just Put Its Stock Back In Play

GameStop’s $9 Billion Cash Pile Just Put Its Stock Back In Play

1 May 2026
GameStop shares rose to $26.61 Friday in New York, extending gains above the 200-day moving average as investors speculated on CEO Ryan Cohen’s plans for $9 billion in cash and securities. Fiscal fourth-quarter results showed net sales down to $1.104 billion, but operating income climbed to $135.2 million. Collectibles revenue jumped 47.7% year over year, now making up 29.2% of sales.
Nebius Group N.V. Makes $643 Million Eigen AI Bet as AI Cloud Race Tightens

Nebius Group N.V. Makes $643 Million Eigen AI Bet as AI Cloud Race Tightens

1 May 2026
Nebius Group agreed to acquire California-based Eigen AI for about $643 million in cash and stock. Nebius shares jumped 11.3% to $153.84 after the announcement. The deal is expected to close in the coming weeks, pending antitrust approval. Eigen AI’s team will establish Nebius’s engineering presence in the San Francisco Bay Area.
Go toTop