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XPeng Sets Ambitious Overseas Target for New L03 SUV
XPeng targets 90,000 overseas registrations in 2026, requiring a 2.3x acceleration. The new L03 SUV, priced from €35,600 in Germany, is key to the push.
Strategy Stock Leaps 10% Premarket as Bitcoin Beta Hits 2.6x
Strategy (MSTR) jumped 9.92% premarket, riding Bitcoin's 3.87% rise. Beta at 2.6x amplifies gains but also risks. Market cap up $4.1B.
M&S Slips 1.2% as Aries Capsule Tests Fashion Recovery
M&S shares dipped 1.2% on the Aries capsule launch, a small test of a broader fashion recovery after a 7.7% sales decline last year.
Apple's iPhone 18 Launch Phasing Could Reshape Quarterly Revenue Mix
Reports suggest Apple will launch premium iPhone 18 models in fall 2026, with base models in early 2027, potentially shifting revenue timing and testing margins.
Evergrande Founder Gets Life Sentence; Creditors Face 99% Loss
Hui Ka Yan's life sentence underscores the massive shortfall for Evergrande creditors, who face a 99% loss as asset recoveries remain minimal.
Global Markets Update: SEBI Bars JPMorgan Arm, WSP Pursues Arcadis, and More
India's SEBI bars JPMorgan entity over auction manipulation; WSP presses Arcadis bid; German PPI accelerates; Skanska wins data center deal; IDP plunges; China holds rates.
easyJet Axes Leeds Operations Amid Apollo Takeover Pressure
easyJet is exiting Leeds Bradford Airport entirely, dropping six routes by January 2027. The move, representing less than 0.6% of its network, underscores capacity discipline as Apollo's £7.15/share takeover offer progresses.
DraftKings Rises 5% as MLB Promo Costs Cloud Margin Outlook
DraftKings stock climbed 5.3% as MLB promotions boosted interest, but Q2 results reveal declining revenue per user and compressed margins. Analysts see upside despite lowered targets.
Gold Miners Outperform Bullion as Prices Near $4,500
Gold nears $4,500 as mining stocks rally over 9%, doubling bullion gains. ETF inflows and falling yields support the precious metal.
CBA Shares Slide 8.8% Despite Record Profit as Valuation Premium Persists
Commonwealth Bank shares tumbled 8.8% over the past week even after posting a record annual profit, as its rich valuation and rising credit concerns weigh on investor sentiment.