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Futu Reports 34% Account Growth in Q1 2026, May 29
Futu Holdings Q1 2026 earnings: funded accounts grew 34% to 3.6 million, but net income fell 61% to HK$831M. Trading volume and client assets surged.
Shuanghui Stock Falls 5% After Antibiotic Scandal, May 28
Shuanghui subsidiary pork tested with antibiotic residue 37.5x above safe limits. Stock fell 5% on May 26. Company launches full facility inspection.
Bitcoin Falls to $72,681 on Iran Tensions and ETF Outflows, May 28
Bitcoin drops 4.28% to $72,681 on May 28 amid Iran tensions and $733M ETF outflows. Technical charts show bearish structure.
BYD Targets Late 2026 Canadian Launch With 20 Dealerships, May 28
BYD plans late 2026 Canadian EV launch with 20 dealerships. Federal rebates unavailable for Chinese-made vehicles.
NVIDIA Stock Forecast: Wall Street Targets $304 by End of 2026
Wall Street’s 2026 NVIDIA price target averages $304, implying 45% upside from $212. Analysts cite AI growth momentum, but valuation risks persist.
Germany Debates Cutting Child Support Payments, May 28
Germany proposes cutting child support advances for single parents, limiting payments to children under 12 and capping benefits at 72 months.
Bitcoin Falls to $72,800 on Iran Tensions and ETF Outflows, May 28
Bitcoin drops to five-week low of $72,800 as US-Iran tensions trigger $733M in ETF outflows, including $528M from BlackRock’s IBIT.
Gina Rinehart Invests A$26M in Southern Cross Media, May 28
Gina Rinehart invests A$26M for 10% stake in Southern Cross Media, owner of Channel 7 and Triple M. Her third media venture since 2011.
Singtel Falls 13% After Profit Drop, DBS Upgrades to Buy on May 28
Singtel stock drops 13% to S$4.35 after earnings miss. DBS upgrades to buy with S$5.46 target, citing temporary weakness and growth potential.