Today: 1 May 2026
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HKG:9988.HK 24 September 2025 - 7 February 2026

Why Tencent stock fell: an OpenClaw AI warning, chip shortages — and what’s next for 0700.HK

Why Tencent stock fell: an OpenClaw AI warning, chip shortages — and what’s next for 0700.HK

Tencent shares fell 2% to HK$547.50 in Hong Kong on Friday, tracking a 1.1% drop in the Hang Seng TECH index. China warned of security risks tied to the OpenClaw AI agent, which Tencent Cloud offers, while Intel and AMD flagged longer waits and higher prices for server CPUs in China.
Alibaba’s 2025 Tech Rally: AI Gold Rush, Stock Soars & What’s Next for 9988.HK

Alibaba’s 2025 Tech Rally: AI Gold Rush, Stock Soars & What’s Next for 9988.HK

Alibaba’s Hong Kong shares traded near HK$177.6 on Oct. 8, 2025, close to a four-year high after nearly doubling year-to-date. The rally followed CEO Eddie Wu’s pledge to boost AI investment and the unveiling of a 1-trillion-parameter AI model. JPMorgan raised its price target by almost 45%, sparking a 4% share jump. Regulatory pressure has eased, with recent government actions having little market impact.
Alibaba Stock Skyrockets on AI Breakthrough – Key Facts & Latest 2025 Update

Alibaba Stock Skyrockets on AI Breakthrough – Key Facts & Latest 2025 Update

Alibaba shares jumped up to 7.8% in Hong Kong on Sept. 24, 2025, after unveiling its “Qwen3-Max” AI model and a ¥380 billion investment in AI infrastructure. Cloud revenue surged 26% last quarter, but overall revenue missed forecasts and margins narrowed. Chinese regulators summoned Alibaba’s UCWeb over content violations. The company is expanding globally, including a major push in South Korea and a $3.2 billion bond sale for cloud growth.

Stock Market Today

  • S&P/TSX composite rises as U.S. tech earnings boost markets
    April 30, 2026, 7:45 PM EDT. The S&P/TSX composite index climbed 645.94 points to 33,964.33 on Thursday, driven by strong earnings from major U.S. tech firms. Alphabet's 10% rally followed a profit nearly double analysts' expectations, highlighting AI investment as a key growth driver. U.S. stock markets also advanced, with the Dow up 790.33 points and the Nasdaq rising 219.07 points. Investor optimism grows amid steady central bank rates in Canada and the U.S., despite ongoing Middle East tensions affecting oil trade routes and prices. Crude oil dipped slightly to around $105 per barrel, with demand concerns above $110. The Canadian dollar strengthened slightly to 73.40 cents US. Analysts note AI spending by tech giants now exceeds $700 billion, signaling a significant tech growth cycle.

Latest article

Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

1 May 2026
Sandisk shares dropped about 6% in after-hours trading Thursday despite reporting fiscal Q3 revenue of $5.95 billion, up 251% from a year earlier, and net income of $3.62 billion. The company announced a $6 billion buyback and forecast Q4 revenue of up to $8.25 billion. Gross margin rose to 78.4%. Shares had closed at $1,096.51 before slipping to about $1,030.
Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

1 May 2026
Apple reported fiscal Q2 revenue of $111.2 billion and earnings of $2.01 per share, beating analyst estimates. The board approved a $100 billion share buyback and raised the dividend. Shares fell about 1% after hours as iPhone sales missed forecasts and chip supply remained tight. Investors are watching for clarity on AI strategy and the upcoming CEO transition to John Ternus.
Nvidia Stock Falls as Google and Amazon AI Chip Push Tests the AI Trade

Nvidia Stock Falls as Google and Amazon AI Chip Push Tests the AI Trade

30 April 2026
Nvidia shares dropped 4.6% to $199.57 Thursday as investors reacted to Alphabet and Amazon expanding sales of their own AI chips. Alphabet reported Google Cloud revenue up 63% and began selling TPU chips directly to customers. AMD and Broadcom shares rose 5.1% and 3.0%, respectively. Amazon said its Trainium chip line secured $225 billion in revenue commitments.
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