Chinese tech firm Xiaomi has launched its SkyNomad SUV series, an extended-range electric vehicle aimed at the family market, as it seeks to boost deliveries in China's competitive auto sector.
Norway's benchmark Oslo OBX index rose 0.34% at Thursday's close, lifted by strong performance in healthcare and technology stocks which offset declines in major energy companies amid falling oil prices.
Israel's benchmark TA 35 stock index closed higher on Thursday, buoyed by strong performance in the banking and financial sectors, with Tower Semiconductor leading individual gains.
Traders in the options market are anticipating a potential 6.7% swing in Rocket Cos. shares following its earnings report on August 6. Historical data shows the stock's actual move has exceeded the implied volatility in half of the last eight reporting periods.
South Korea's KOSPI index has plunged 34% in one month, a sell-off driven by the forced unwinding of leveraged retail positions rather than a change in the strong fundamental outlook for its dominant AI memory chipmakers.
The commercial real estate services firm surpassed analyst estimates for second-quarter profit and revenue, and boosted its full-year earnings guidance, citing strong advisory activity.
Eli Lilly and contract manufacturer Resilience announced a $750 million investment to expand U.S. pharmaceutical production, including for Lilly's KwikPen device, creating 400 new jobs in Ohio.
Corporate insiders made significant stock transactions, with a CVB Financial director purchasing over $455,000 in shares and the co-chairman of Charles Schwab selling nearly $30 million in stock, according to recent regulatory filings.
Shares of Marvell Technology are trading higher after Microsoft detailed the rapid expansion of its custom Maia 200 AI accelerator, which relies on Marvell's interconnect and networking silicon.
