TradingKey - SK Hynix shares rallied sharply on Thursday, surging nearly 13% intraday after the company announced a 40 trillion won (approximately $29 billion) stock buyback and cancellation plan.JPMo
TradingKey - During the Asian trading session on August 20, market sources reported that Samsung Electronics plans to finalize and announce a shareholder return plan exceeding 100 trillion won (approx
Nu Holdings (NYSE: NU) Stock: Buy or Sell?Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvi
Lowe's (NYSE: LOW) is gaining momentum.Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia
The business will not grow quickly, but that's not a dealbreaker. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-kn
Dutch Bros (NYSE: BROS) is on a rapid expanding path.Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker
The proliferation of agentic AI is increasing demand for cybersecurity. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a lit
The risks from driverless car technology loom over Lyft (NASDAQ: LYFT).Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a litt
Demand for semiconductor technology is soaring as investments in AI continue unabated. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal fl
TradingKey - Marvell Technology (NASDAQ: MRVL) has a big custom-silicon deal with Google signed, and an earnings report scheduled for August 27, 2026, dueout on the 27th of August. If Google reaches t
Key PointsSoftBank's latest 13F shows 86,956,522 Intel shares at both March 31 and June 30 -- the position's value rose from $3.8 billion to $12.1 billion on Intel's stock price al
Key PointsGoogle obtained the right to buy a $12 billion stake in Marvell as part of a custom silicon partnership.Marvell will supply the hyperscaler with AI accelerators and relat
[Beijing, August 20, 2026] — Tec-Do, a global leader in AI marketing technology, today announced the completion of a new financing round, led by Huatai-General Atlantic, with participation from Forebright Capital, GAC Capital, GSR Ventures and other investors. This financing provides strong support for Tec-Do’s next phase of AI research and development, product commercialization, global expansion, and capital market initiatives.The financing attracted strong interest from leading investors, reflecting growing confidence in Tec-Do’s innovative AI approach, built around its Navos Marketing Multi-Agent Platform and Tec-Chi Specialized MLLMs, as well as its proven ability to deliver measurable business growth for enterprise customers. This round brings together a group of investors with strong global perspectives, long-term capital and deep industry resources. Leading this financing marks Huatai-General Atlantic’s first-ever RMB investment, made through the joint venture fund, established by Huatai Baoli Investment Management. Tec-Do's long-term shareholder GSR Ventures increased its investment in this round. The participation of new leading investors alongside continued commitments from existing shareholders reflects the forward-looking confidence of international capital markets in the large-scale commercialization of B2B AI Agents and further underscores Tec-Do’s expertise in the field. Proceeds from the financing will be primarily used to further advance Tec-Do’s core AI technologies, including the Tec-Chi Specialized MLLMs and Navos Multi-Agent Platform, as well as to attract and develop top-tier AI talent. As AI begins to fundamentally reshape the global business landscape, Tec-Do will also accelerate its strategic investments in Agentic Commerce, Agent-to-Agent (A2A) collaboration, and Generative Engine Optimization (GEO), helping global brands capture new growth opportunities across the information discovery, consumer decision-making, and transaction journeys increasingly shaped by AI.Shuhao Li, Founder and CEO of Tec-Do, said: “AI is reshaping the foundations of global business, and we are at the beginning of a new era in which AI is redefining how businesses grow. Truly valuable AI is not simply about making technology more powerful; it must go deeper into real business operations and continuously create measurable business value. That is the core belief behind Tec-Do’s Useful AI approach. As AI-driven transformation reshapes global commerce, we aspire to be a leading force in this transformation, helping brands around the world capture new growth opportunities and turning AI into a true engine for business growth.”The strong investor interest in Tec-Do is rooted in its nearly decade-long experience serving more than 100,000 cross-border businesses. From search and social media to content-driven commerce and now AI-powered conversations, Tec-Do has consistently positioned itself well within major shifts in the global commercial landscape. The company has established deep partnerships with leading global commercial platforms and AI-native consumer interfaces, including Meta, Google, TikTok, and OpenAI, helping customers continuously unlock new channels and opportunities for business growth.Today, Tec-Do’s business spans more than 200 countries and regions worldwide. Its Navos Multi-Agent Platform connects the entire workflow of global market intelligence, creative generation, campaign execution, performance attribution, and continuous optimization. Data and practical insights accumulated across markets, industries, and consumer scenarios are continuously fed back into Tec-Do’s proprietary Tec-Chi Specialized MLLMs, creating a self-reinforcing optimization flywheel that continuously improves the platform’s intelligence and performance.According to the latest benchmark results, Tec-Do’s Tec-Chi Question Answering & Reasoning Model ranked No.1 globally in the SuperCLUE evaluation of specialized advertising and marketing foundation models, while its Content Understanding Model ranked No.2 overall in the “Cross-Border Marketing Video Understanding” benchmark. In July 2026, Navos also launched its 2.0 iteration, evolving into an all-in-one enterprise AI Workforce capable of dynamically orchestrating multiple models, tools, and specialized agents based on specific business objectives. The evolution marks a shift from AI simply providing recommendations toward collaborative execution and delivery of measurable business outcomes.Tec-Do is also translating its AI capabilities from benchmark performance into real-world commercial impact. In July 2026, Tec-Do became one of the first official technology partners for ChatGPT Ads globally. In initial customer testing, a cross-border brand using Tec-Do’s technology with ChatGPT Ads achieved a significant reduction in marketing costs while increasing ROI to 2.5 times its previous level. The results demonstrate Tec-Do’s ability to help brands unlock new growth opportunities as AI-native consumer interfaces reshape the global advertising and commerce landscape.Looking ahead, Tec-Do will remain committed to its founding principle of “Technology Empowers Business.” The company will continue integrating specialized AI models and multi-agent systems across the full spectrum of business growth, including marketing, sales, and customer success, moving AI beyond point solutions toward a new AI-for-work operating model. Through this evolution, Tec-Do aims to help more businesses capture global opportunities, achieve sustainable growth, and lead the emerging era of Agentic Commerce.About Tec-DoFounded in 2017, Tec-Do is a leading AI marketing company delivering results-centric marketing solutions for global business growth. Powered by Tec-Chi multi-modal large language models (MLLMs) and Marketing Multi-Agent Platform Navos, the company delivers end-to-end marketing solutions through a suite of AI-native, performance-driven products. These products restructure and autonomize mission-critical marketing processes—including market intelligence, content generation, campaign delivery, and performance optimization—across global media channels. In 2025, Tec-Do served over 100,000 advertisers, representing a diversified customer base that spans e-commerce, gaming, entertainment, and local commerce.For more information, please visit https://www.tec-do.com/en/.20/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
TradingKey - During the Asian trading session on August 20, the Nikkei 225 Index extended the rebounding sentiment from overnight U.S. stocks. As of press time, the Nikkei 225 Index rose 1% to 65,982.
Key PointsUnited Wholesale Mortgage works exclusively with mortgage brokers to generate new loans.The company's business has a solid foundation, but rising interest rates pose a si
TradingKey - Merck & Co. (NYSE: MRK) added to its oncology pipeline on August 20. On August 19, Merck and Moderna released positive results from the third phase of the intismeran autogene study, for w
Key PointsAI data centers require heavy equipment, power generation, and electrical infrastructure, not just GPUs.Caterpillar, Eaton, and GE Vernova show momentum through growth, b
Resilient First-Half Performance with Attributable Profit of HK$688 MillionSun Hung Kai & Co. Limited (Stock Code: 86.HK) ("SHK & Co." or the "Company", together with its subsidiaries, the "Group") today announced its interim results for the six months ended 30 June 2026.In the first half of 2026, the Group delivered a resilient performance amid a volatile global operating backdrop marked by geopolitical instability, interest rate uncertainty and narrow market breadth. As a principal-led alternative investment platform, SHK & Co. remains well positioned to navigate market volatility. We continued to create value focused on downside protection and risk-adjusted returns backed by our strong balance sheet, liquidity and growing strategic partnerships, as well as our extensive global network.Profit attributable to the owners of the Company was HK$687.9 million, a lower reported profit this period was mainly due to the absence of a sizeable liquidity event compared to the preceding period. Basic earnings per share was HK35.2 cents.Total assets grew to HK$40,388.8 million, reflecting the steady scaling of the Group's platform.The Board of Directors of the Company declared an interim dividend of HK13 cents per share for the six months ended 30 June 2026, an increase of 8.3% year-on-year (“YoY”).During the first half of 2026, the Group repurchased 2.8 million shares, further demonstrating its commitment to disciplined capital management and enhancing long-term shareholder value. Since 1997, the Group has returned HK$16.2 billion to shareholders through dividends and share buybacks.The Group also continued to proactively manage its funding profile. During the reporting period, the Group repurchased an aggregate principal amount of medium-term notes (“MTN”) totalling US$154.2 million. In January 2026, the Group completed a US$250.0 million issuance of notes due 2029 under its MTN programme and concurrently tendered US$152.0 million of its outstanding notes due 2026, thereby extending its debt maturity profile, reducing near-term refinancing risk and further strengthening its financial flexibility.As of 30 June 2026, the Group's book value per share was HK$11.6, an increase of 1.8% from the end of 2025.Investment ManagementThe Investment Management business recorded a pre-tax profit of HK$402.9 million. As at 30 June 2026, the segment's investment balance stood at HK$16,880.5 million, grew 7.4% compared with the end of last year, with Private Equity assets comprising 57.4% of the total. Within the Group's HK$9.7 billion Private Equity portfolio, around HK$1.7 billion is publicly listed, providing strong liquidity flexibility. Since inception, this segment has delivered a 15.8% IRR.Investment profit in the first half of 2026 was driven evenly across Private Equity, Special Situations & Structured Credit, and Hedge Funds. Gains were supported by liquidity events including IPO and M&A activity, portfolio markups through new financing rounds of technology investments, and ongoing distributions. The Fund of Hedge Funds strategy also delivered a strong return that outperformed market benchmarks.The expanded Special Situations & Structured Credit allocation continued to provide downside protection with meaningful upside, with gains driven by value appreciation, alongside steady income from private credit. New investments in the period focused on Secondaries, Special Situations and Buyout strategies, prioritising mature, cash-generative assets with clear exit paths.Alternative Solutions (Formerly Funds Management) The Alternative Solutions platform, conducted through Sun Hung Kai Capital Partners Limited (“SHKCP”), recorded a nominal pre-tax loss of HK$0.9 million, narrowing losses significantly by 82.0% YoY. Accelerating growth in fee income (+24.7% YoY) to HK$21.0 million was the main driver, partly offset by higher operating expenses.Total AUM* expanded 17.7% to HK$29,192.0 million (equivalent to approximately US$3,723 million), driven by net capital inflows, solid performance across strategies, and new strategic partnerships. Although only commenced recently, this collaborative model is already generating a flywheel effect that unlocks proprietary deal flow, expands network effects between investors, and enables SHKCP to build long-term recurring revenue.Beyond generating risk-adjusted returns for SHKCP’s clients, these growing partnerships also support group-wide investment returns and capture compelling co-investment opportunities for our Investment Management segment.Credit BusinessThe Credit business's Consumer Finance operations, conducted under United Asia Finance Limited (“UAF”), recorded a pre-tax profit of HK$565.2 million, up 50.7% YoY, supported by satisfactory growth in loan transaction volume and profitability in Hong Kong, disciplined credit underwriting, and a lower charge-off ratio. The consolidated gross loan balance reached HK$12,348.9 million, an increase of 4.6% compared with the end of 2025. UAF's SIM Credit Card business continued to generate profit through growth in card receivables, interest and fee-based income.Mortgage Loans, conducted by Sun Hung Kai Credit Limited ("SHK Credit"), recorded a pre-tax profit of HK$26.0 million, up 140.7% YoY, primarily driven by a significant reduction in impairment charges; the net impairment losses ratio improved by 160 basis points to 3.5%. The mortgage servicing business continued its momentum, with the servicing portfolio expanding 40.7% to HK$1,491.8 million and loan servicing income rising 81.3% to HK$2.9 million. This growth was driven by new mandates, underscoring market recognition and trust in SHK Credit from institutional investors, and showcasing growing demand across developers. Expanding this business advances our strategy to broaden revenue base through capital-light recurring income while solidifying our position as an institutionalized mortgage solutions platform.Mr. Seng Huang LEE, the Group Executive Chairman, said, "While the macro environment remains complex, our over half-century track record and disciplined capital allocation give us the resilience to navigate market cycles. By leveraging our integrated Credit, Investment Management, and Alternative Solutions businesses, we will continue to deepen strategic partnerships and expand co-developed solutions, driving powerful flywheel and network effects across our platform, positioning us to capture high-conviction opportunities and deliver sustainable shareholder value."For more details of the 2026 Interim Results, please refer to the official announcement.* “Total AUM” refers to the total value of assets managed, advised, distributed or otherwise serviced by SHKCP, and also includes assets managed by seeding partners and external managers in which SHK & Co. has equity stakes. For details, please refer to the SHK & Co. website and our annual report. This AUM methodology differs from that of the AUM in our regulatory filings. - End -About Sun Hung Kai & Co.Sun Hung Kai & Co. Limited ("SHK & Co.", SEHK: 86) is a principal-led alternative investment platform based in Hong Kong. Since 1969, with its roots in wealth management, SHK & Co. has built a unique investment capability by investing across a wide range of alternative asset classes including hedge funds, private equity, private credit, and various real assets, consistently generating solid long-term risk-adjusted returns. SHK & Co.'s vision is to realise the full potential of its alternative investment expertise through a strategy centred on alignment — creating value for both its own capital and that of external partners, including institutions and family offices, enhanced by its relationships with leading alternative investment managers. As at 30 June 2026, SHK & Co. held approximately HK$40.4 billion in total assets, with Total AUM* of HK$29,192.0 million (~US$3,723 million), reflecting 17.7% growth since end of 2025.For more information, please visit:www.shkco.com/ follow SHK & Co.onLinkedIn.For media enquiries, please contact:Christensen Advisoryshk@christensencomms.com20/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Key PointsNvidia guided to fiscal second-quarter revenue of $91.0 billion, plus or minus 2%, implying a top end near $92.8 billion.Analysts' average estimate sits near $91.9 billio
Tracking the Market TrendTradingKey - The U.S. Treasury Department announced market intervention measures, and the three major U.S. stock indices reversed their three-day losing streak to close higher
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TradingKey - On August 20, Japanese and South Korean stock markets rebounded noticeably in early trading, as the overnight rally in U.S. stocks provided support for Asian markets. The South Korea Comp
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Key PointsModerna is working with Merck to advance personalized cancer treatments.The companies are developing an investigational therapy to help people with melanoma stay cancer-f
Key PointsSocial Security benefits are a critical source of income for many older Americans. If you're 60, you'll soon be eligible for retirement benefits and will have to make cho
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