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23.03.26 - 03:06
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Hong Kong stocks tumble with Asia as Strait of Hormuz crisis deepens (SCMP)
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Hong Kong stocks slumped with other Asian markets on Monday as Middle East tensions showed no sign of easing.
The Hang Seng Index fell 2.6 per cent to 24,595.54 as of 9.44am local time. The Hang Seng Tech Index dropped 2.4 per cent.
On the mainland, the CSI 300 Index slid 1.8 per cent and the Shanghai Composite Index retreated 2 per cent.
Laopu Gold tumbled 7.5 per cent to HK$566 and Zijin Mining Group lost 5.6 per cent to HK$32.52 as bullion prices declined. Alibaba Group Holding fell 2.8 per......
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20.03.26 - 10:00
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BABA-W Cuts Workforce by 34% Last Yr, Doubles Down on AI (AAStocks)
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As of the end of December 2025, BABA-W (09988.HK) had a total workforce of 128,197 employees, a significant decrease of approx. 66,000 employees, or 34%, from 194,320 employees from a year earlier. Following its exit from offline retail businesses such as Sun Art Retail and Intime Department Store, the Company’s headcount ......
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19.03.26 - 11:54
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Signet Jewelers Reports Fourth Quarter and Full Year Fiscal 2026 Results (Business Wire)
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Introduces Fiscal 2027 Guidance
Increases Dividend to $0.35 per shareHAMILTON, Bermuda--(BUSINESS WIRE)--Signet Jewelers Limited ("Signet" or the "Company") (NYSE:SIG) today announced its results for the 13 and 52 weeks ended January 31, 2026 ("fourth quarter Fiscal 2026" and "full year Fiscal 2026", respectively).
"FY26 delivered over a point of comp growth driven by heightened focus on our three largest brands – Kay, Zales, and Jared. Building on that momentum, FY27 will focus on accelerating core performance through sharper brand differentiation, broader customer reach, and a more seamless in‑store and digital experience. As we continue to advance our Grow Brand Love strategy into its second year, we expect to further strengthen our foundation for sustainable long‑term growth and drive increased shareholder value," said J.K. Symancyk, Chief Executive Officer.
"We delivered FY26 Adjusted Operating Income growth, led by gross margin expansion, ...
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18.03.26 - 12:54
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Vertiv CEO: Liquid cooling capacity growing ‘really, really, really rapidly’ (24/7 Wall St.)
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Vertiv (NYSE:VRT) CEO Giordano Albertazzi has a message for anyone wondering whether his company can keep up with the AI infrastructure wave: the capacity is there, and it's growing fast. In a recent interview, when asked directly whether Vertiv has enough liquid cooling capacity to handle the business that Nvidia (NASDAQ:NVDA) has generated, Albertazzi was ... Vertiv CEO: Liquid cooling capacity growing 'really, really, really rapidly'
The post Vertiv CEO: Liquid cooling capacity growing 'really, really, really rapidly' appeared first on 24/7 Wall St.....
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17.03.26 - 03:00
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Hong Kong stocks advance as oil steadies and Wall Street rally fuels confidence (SCMP)
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Hong Kong stocks rose for a second day on Tuesday, tracking Wall Street's gains, as oil prices steadied after a sharp overnight decline, easing concerns over inflation and geopolitical tensions.
The Hang Seng Index added 0.4 per cent to 25,938.43 at the market open, extending Monday's 1.5 per cent advance. The Hang Seng Tech Index gained 0.5 per cent. On the mainland, the CSI 300 Index added 0.3 per cent and the Shanghai Composite Index was little changed.
E-commerce giant Alibaba Group Holding......
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