Today: 29 April 2026
Browse Category

HKG:2799.HK 13 January 2026

Hong Kong market watchdog David Webb dies at 60, leaving small investors without their loudest critic

Hong Kong market watchdog David Webb dies at 60, leaving small investors without their loudest critic

David Webb, Hong Kong activist investor and founder of Webb-site.com, died at 60 from metastatic prostate cancer, according to a notice posted Monday. Webb was known for exposing risky cross-shareholdings and corporate governance issues, triggering major stock sell-offs in 2017 and 2018. In 2025, he received an MBE for his work on market transparency. He had begun shutting down his website as his health declined.
13 January 2026
·

Stock Market Today

  • Scotia Raises Target Price for iA Financial Shares to C$183
    April 29, 2026, 5:36 PM EDT. Scotia boosted its price target for iA Financial (TSE:IAG) to C$183, signaling a 5% upside from current levels. Other analysts showed mixed views: TD favored a buy rating with a C$193 target, while Canadian Imperial Bank of Commerce downgraded to hold. iA Financial trades near C$174 with a market cap of C$15.82 billion and a P/E ratio of 15.43. The company reported a Q4 EPS of C$3.10 on C$3.23 billion revenue. Insider purchases including 1,000 shares by Ric Jobin and 6,000 by director Denis Ricard suggest confidence. The stock's consensus rating remains hold with a target of C$180, amid a one-year trading range of C$129.24 to C$182.99.

Latest article

Carvana Stock Jumps After Record Q1 Revenue, Profit Beat Wall Street Estimates

Carvana Stock Jumps After Record Q1 Revenue, Profit Beat Wall Street Estimates

29 April 2026
Carvana posted record first-quarter revenue of $6.43 billion, up 52% from a year earlier, and sold 187,393 retail vehicles, a 40% increase. Net income rose to $405 million. Shares climbed about 10% in after-hours trading. Adjusted EBITDA margin slipped to 10.4% from 11.5%, and gross profit per retail unit also declined.
Nebius Stock Jumps as Meta’s AI Spending Reset Puts $27 Billion Deal in Focus

Nebius Stock Jumps as Meta’s AI Spending Reset Puts $27 Billion Deal in Focus

29 April 2026
Nebius Group N.V. shares rose 5.3% to $142.73 Wednesday as Meta Platforms raised its 2026 capital spending forecast by up to $10 billion, citing higher data center costs. Nebius has a contract to supply Meta with up to $27 billion in AI cloud capacity. Fourth-quarter 2025 revenue jumped 547% to $227.7 million, but the company reported a net loss of $249.6 million.
Phillips 66 Stock Jumps as Surprise Profit Shows Refining Margins Are Back in Focus

Phillips 66 Stock Jumps as Surprise Profit Shows Refining Margins Are Back in Focus

29 April 2026
Phillips 66 reported an adjusted first-quarter profit of $200 million, or 49 cents per share, beating analyst forecasts of a loss. Strong refining margins and 95% plant utilization offset $839 million in hedge-related losses. Shares rose over 6% after the results. The company also completed its acquisition of Lindsey Oil Refinery assets in the UK.
Go toTop