Today: 10 June 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

  • DraftKings Shares Surge 11% on May Predictions Product Volume Increase
    June 10, 2026, 5:51 AM EDT. DraftKings (DKNG) shares jumped 11.34% to $27.59 after reporting a 24% month-on-month rise in May activity for its Predictions product, reaching $1.3 billion annualized consumer volume. This preliminary data highlights growing investor interest in DraftKings' prediction markets, which allow trading on event outcomes under regulated conditions, distinct from traditional sports betting. The surge came amid broader market declines, with Nasdaq down 0.97%. CEO Jason Robins emphasized the product as a strategic growth driver in 2026, aiming for leadership in sports predictions. However, the company's volume growth has yet to fully translate into corresponding revenue, presenting ongoing risk. DraftKings also noted broad sportsbook operations across 30 U.S. states and other jurisdictions, underscoring its expanding footprint.

Latest articles

Oracle Stock Moves Higher as AI Backlog Draws Focus

Oracle Faces $600 Billion AI Bet as Traders Watch for Volatility

10 June 2026
Oracle shares slid nearly 3% to $205.81 ahead of Wednesday’s earnings, as investors await proof that its $553 billion AI cloud backlog can convert to revenue quickly enough to justify heavy data-center spending, with options pricing signaling an 11% stock swing after results.
DraftKings (DKNG) Moves After Prediction-Market News — Traders Focus on Stock

DraftKings (DKNG) Moves After Prediction-Market News — Traders Focus on Stock

10 June 2026
DraftKings shares soared 11.34% to $27.59 after revealing a 24% month-over-month jump in annualized consumer volume to $1.3 billion and a 34% rise in total volume traded to $3.1 billion in its Predictions product for May, based on preliminary, unaudited data, outpacing a falling Nasdaq and spotlighting investor focus on the product’s revenue potential and DraftKings’ strategic push.
Micron Stock’s $1 Trillion AI Test Is Here as Traders Look to June 24

Micron Stock’s $1 Trillion AI Test Is Here as Traders Look to June 24

10 June 2026
Micron shares fell 1.5% to $935.89 as the AI-chip rally cooled, despite bullish analyst calls and price targets up to $1,625; investors await the June 24 earnings report to see if tight memory chip supply and AI demand can sustain the stock’s trillion-dollar valuation amid broader market jitters and shifting sentiment.
Ondas Stock Comes Back Into the Spotlight After 13% Drop; Drone Trade Faces Fresh Challenge

Ondas Dips Premarket After 2.7 Million-Share Filing

10 June 2026
SoFi Technologies traded near $16.47 in early premarket, little changed as investors weighed its AI and digital asset product push against a risk-off market mood, with no fresh earnings news and inflation data looming that could impact rates, loan demand, and fintech valuations.
Ondas Dips Premarket After 2.7 Million-Share Filing

SoFi Stock Holds Ahead of Pre-Market Test as Wall Street Grows Defensive

10 June 2026
Rolls-Royce shares rebounded 1.5% in London after Tuesday’s 2.68% drop, as investors weighed fresh airline criticism over engine delays against the company’s reaffirmed 2026 profit and cash flow guidance; CEO Tufan Erginbilgic said Rolls had a “strong start to the year,” but risks remain if airline pressure leads to higher costs or slower cash conversion.
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