Market News Today — AI-Curated Stock & Crypto Headlines

Starlink was the only profitable segment for SpaceX last quarter, generating $1.7 billion in earnings, while the AI unit incurred $15.8 billion in capital spending and the other two segments combined lost $1.8 billion.

Shoprite Holdings Ltd.

Ark Invest acquired $37 million worth of shares in Block Inc (formerly Square) following the company's second-quarter results, which included an upward revision to its full-year profit forecast to $12.5 billion.

China's top brokerages, including Citic Securities, reported significant growth in overseas revenue, with Citic's international revenue rising 45.5% YoY to 15.86 billion yuan ($2.4 billion) in H1 2024.

Some industries do well in September, despite overall market weakness.

Nvidia Corp. (NASDAQ:NVDA) just posted another record quarter, with revenue up 106% to $96.2 billion and profit more than doubling …

Shenzhen Longsys Electronics, a Chinese semiconductor company, is seeking up to HK$6.28 billion, or about $800 million, from a Hong …

The next stock catalyst is the one-two punch of rising analyst profit estimates and fewer estimate cuts.

Huawei reported a 36% acceleration in its first-half profit decline, driven by rising costs and increased R&D spending.

Huawei's high R&D investment may strengthen innovation but risks long-term profitability, impacting its competitive edge in the tech industry. The …

China’s six largest state-owned banks recorded their first simultaneous rise in first-half revenue and net profit since 2022, according to …

Refiners are set to reap stronger profits on the global diesel shortage, Goldman Sachs has said, revising its earlier profit …