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CSOP Hang Seng TECH Index ETF (3033.HK) Slips 4.6% as Tech Sector Faces Headwinds
3033.HK stock drops 4.6% to HK$4.73 amid broader tech sector weakness. ETF trades below 50-day average as investor sentiment shifts.
Strait of Hormuz Coalition May 18: Europe Leads 40-Nation Naval Mission
Europe-led coalition of 40+ nations deploys naval forces to reopen the Strait of Hormuz, with France and UK leading multinational military efforts.
XPEV Begins Mass Production of Robotaxis in Guangzhou, Targets Driverless Operations by 2027
Xpeng (XPEV) has taken a major leap in the global autonomous driving race. The company has officially started mass production of its robotaxis in Guangzhou, marking a key shift from traditional electric vehicles to full-scale AI-powered mobility. The Chinese EV maker is now targeting fully driverless operations by 2027, placing itself directly in competition with…
Samsung Electronics Stock (005930.KS) in Focus as 45,000-Worker Strike Could Disrupt Memory Chip Market
The global semiconductor industry is closely watching Samsung Electronics as its stock comes under focus following reports of a potential 45,000-worker strike. The development has raised concerns about possible disruptions in the memory chip supply chain, which is one of the most critical components of the global technology ecosystem. Samsung Electronics, listed under ticker 005930.KS,…
xAI Integrates Native Image and Video Generation Into Grok Build CLI
Artificial intelligence is moving fast, and in 2026, the race is no longer just about text generation. It is about full creativity, images, videos, and code all in one system. In this shift, xAI has taken a bold step forward. The company has integrated native image and video generation directly into the Grok Build CLI,…
AMD Outpaces SPY With 98% YTD Surge While S&P 500 ETF Gains 8.4%
The semiconductor giant AMD has delivered one of the strongest performances in the stock market this year, surging nearly 98% year-to-date (YTD). In contrast, the broader market tracked by the S&P 500 ETF (SPY) has gained only around 8.4% over the same period. This sharp difference highlights the growing impact of technology and AI stocks…
Leverage Shares 3x Long Gold Miners ETC Tumbles 20.7% as Gold Sector Weakens
3GDX.AS stock crashes 20.7% on EURONEXT. Gold miners ETC faces headwinds amid sector volatility and technical weakness.
China Evergrande Group liquidators seek $8.4 billion from PricewaterhouseCoopers over alleged negligent audits
China Evergrande Group, once China’s largest property developer, has been in liquidation since 2024. In May 2026, its liquidators filed a claim seeking $8.4 billion from PricewaterhouseCoopers (PwC). The case links to alleged negligent audits and hidden financial risks before its 2021 default. It has raised global concerns about audit responsibility and investor trust in…
BHP Hold Rating Maintained by Deutsche Bank, May 2026
Deutsche Bank maintains Hold rating on BHP, raises price target to 2,600 GBp from 2,400 GBp on May 15, 2026.