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US Stock Market Move | Quantum computing concept stocks continue to rise. SEALSQ Corp (LAES.US) increases by nearly 10%.

Hunlicar Group (03638) obtained a discount of about 11.07% from Chairman Zhang Lieyun on a partial tender offer.

TRADEGO (08017) plans to repurchase no more than 30 million shares.

US Stock Market Move | Fourth-quarter losses narrowed, Unity Software (U.US) rose more than 22%.

On Thursday, Unity Software's stock price (U.US) surged, rising over 22% to $26.25 as of the time of writing. The latest quarterly financial report released by the company showed that its losses had narrowed compared to the same period last year. The company's fourth quarter revenue was $457 million, a 25% decrease year-on-year, lower than analysts' expectations of $433 million. The loss per share was $0.30, compared to a loss of $0.66 in the same period last year, and analysts had predicted a loss per share of $0.37. The company expects first quarter revenue in 2025 to be between $405 million and $415 million, lower than the expected $439.5 million.

US Stock Market Move | Palantir (PLTR.US) fell more than 10% as the U.S. Department of Defense plans to cut its budget.

On Thursday, Palantir (PLTR.US) stock continued to decline, with the stock falling over 10% to $100.78 as of the time of writing. On the news front, US Defense Secretary Pete Hesgeth has requested senior military leaders to develop a plan to cut the defense budget by 8% annually over the next five years. Analysts believe that this budget reduction plan could have a significant impact on Palantir, as in the past two quarters, its US government business has grown by over 40% and government business accounts for more than half of Palantir's total revenue.

US Stock Market Move | Star Technology Stocks Fell Broadly, Tesla, Inc. (TSLA.US) Fell by Over 2.5%

On Thursday, the Nasdaq extended its losses to 1%, with tech stocks like Tesla, Inc. (TSLA.US) dropping over 2.5%, Netflix (NFLX.US) and Amazon.com, Inc. (AMZN.US) falling over 1.4%, NVIDIA Corporation (NVDA.US) dropping nearly 1%, and Meta (META.US) falling 0.48%.

US Stock Market Move | Quantum computing concept stocks continue to rise. SEALSQ Corp (LAES.US) increases by nearly 10%.

On Thursday, US stocks related to quantum computing continued to rise. As of press time, SEALSQ Corp (LAES.US) rose nearly 10%, D-Wave Quantum (QBTS.US) rose over 4%, Arqit Quantum (ARQQ.US) rose over 7%, Rigetti Computing (RGTI.US) rose over 1%, and Quantum Computing (QUBT.US) rose nearly 1%.

Hunlicar Group (03638) obtained a discount of about 11.07% from Chairman Zhang Lieyun on a partial tender offer.

HUNLICAR GROUP (03638) and the offeror Talent Germany International Limited jointly announced that the offeror intends to make a voluntary cash offer with pre-conditions, at a price of HK$4.50 per share, to purchase up to 19,439,034 shares (equivalent to 25.11% of the company's issued share capital as of the date of this joint announcement) from qualified shareholders of the company. The offer price represents a discount of approximately 11.07% to the closing price of HK$5.06 per share on the last trading day on the Hong Kong Stock Exchange. It is reported that the offeror is mainly engaged in investment holding business. Mr. Zhang Lieyun is the sole shareholder and director of the offeror, and also the chairman of the company. The offeror and persons acting in concert with it will own 23,144,966 shares, representing approximately 29.89% of the existing issued share capital of the company as of the date of this joint announcement.

TRADEGO (08017) plans to repurchase no more than 30 million shares.

TRADEGO (08017) announced that on February 20, 2025, the board of directors has decided to utilize the repurchase authorization to buy back no more than 30 million shares in the open market, representing 5% of the total issued shares as of the date of the shareholder's annual general meeting (excluding treasury shares), with a maximum repurchase price of HK$0.64 per share. The proposed share repurchase will be funded by internal resources of the company. The board believes that the share repurchase at the current situation can demonstrate the company's confidence in its business outlook and prospects, ultimately benefiting the company and creating value for shareholders. Additionally, the board believes that the company's existing financial resources are sufficient to support the proposed share repurchase while maintaining a sound financial position.

US Stock Market Move | Weibo Corp. Sponsored ADR Class A integrates DeepSeek R1 model Weibo Corp. Sponsored ADR Class A(WB.US) rises over 5%

On Thursday, Weibo Corp. Sponsored ADR Class A (WB.US) rose more than 5% to $11.09. On the news front, the CEO of Weibo Corp. Sponsored ADR Class A, Wang Gaofei, shared several tests of Weibo Corp. Sponsored ADR Class A's smart search feature on his personal Weibo account, and revealed that the feature has integrated DeepSeek R1 technology. From the shared content, it can be seen that the smart search of Weibo Corp. Sponsored ADR Class A with the new model can more accurately extract key information, provide users with a more comprehensive interpretation of events, and help users better understand the causes and results of the event. Currently, this feature is still in the testing phase, and the specific official launch date has not been announced. With the introduction of DeepSeek technology, Weibo Corp. Sponsored ADR Class A's smart search is expected to further improve information retrieval efficiency and provide users with a more intelligent search experience.

US Stock Market Move | Gold stocks rise: Harmony Gold Mining Co. Ltd. Sponsored ADR (HMY.US) up over 5.2%

On Thursday, spot gold once again surpassed the $2950 per ounce mark, reaching a new all-time high. The gold sector followed suit, with Gold Fields Limited Sponsored ADR (GFI.US) rising over 3.6%, Royal Gold, Inc. (RGLD.US) and Barrick Gold Corporation (GOLD.US) rising over 1%, and Harmony Gold Mining Co. Ltd. Sponsored ADR (HMY.US) rising over 5.2% at the time of writing. The latest news indicates that US Treasury Secretary Besen is hesitant about revaluing the value of gold reserves, stating, "When it comes to sovereign wealth funds, I've said, 'monetizing the balance sheet' is absolutely not what I want." When asked if he would discuss the issue, he repeated, "This is not what I want." The current price of gold reserves is $42.22 per ounce, which is the traditional official price from decades ago. Reassessing the value of these assets based on current market prices could potentially increase the calculation from $11 billion to around $750 billion. He mentioned that there are no plans to visit Knoxburg in Tennessee - where most of the US gold reserves are located, but he assured that "all the gold is there," and welcomed any senators to come and visit.

US Stock Market Move | Baidu Inc Sponsored ADR Class A fully launches DeepSeek full version, Baidu Inc Sponsored ADR Class A(BIDU.US) rises by 5%

On Thursday, Baidu Inc Sponsored ADR Class A(BIDU.US) rose by 5% to $92.439. In terms of news, Baidu Inc Sponsored ADR Class A launched the full version of DeepSeek and provided online services. Users can directly experience the "AI search DeepSeek full version" by using the search box at the bottom of the PC homepage. It is noteworthy that Baidu Inc Sponsored ADR Class A has integrated the DeepSeek full version and the online search function, with capabilities such as enhanced retrieval RAG technology.

US Stock Market Move | Income and profit guidance for fiscal year 2026 is lower than expected, causing Walmart Inc. (WMT.US) to drop over 6%.

On Thursday, Walmart Inc. (WMT.US) stock price fell, marking its largest decline since November 2023. As of the time of writing, the stock dropped over 6% to $97.57. The company's revenue and profit guidance for the fiscal year 2026 was lower than expected. The company expects adjusted earnings per share for FY2026 to be between $2.50 and $2.60, lower than the estimated $2.77. Sales are projected to grow by 3% to 4%, below analysts' expectations of 4%. Walmart Inc. warned that after experiencing steady growth for several quarters, consumers weary of inflation will "pull back," leading to a slowdown in sales growth.

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