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The Nasdaq Golden Dragon China Index closed down 0.12%.
28/10/2026
HuHu Technology fell 9.91%, Baozun E-Commerce dropped 7.58%, ZKH Group declined 4.49%, VNET Group fell 4.20%, and iQIYI dropped 4.18%.
Latest
3 m ago
Chile's central bank kept its key interest rate unchanged at 4.5%, in line with the expected 4.50%.
4 m ago
The lawyer for Brazilian presidential candidate Bolsonaro stated that no notification regarding departure arrangements has been received yet.
4 m ago
Data storage device manufacturer Seagate Technology (STX.O) reported first-quarter fiscal 2027 revenue above market expectations, up 61% year-over-year to $4.23 billion. The company's revenue guidance midpoint for the next quarter is $4.8 billion, 6.7% above the market consensus. Seagate's revenue has now grown for 10 consecutive quarters, indicating that the current upcycle remains intact. A typical industry upcycle usually lasts 8 to 10 quarters. Management currently expects revenue to grow 69.9% year-over-year next quarter. Days inventory outstanding (DIO) is an important metric for chipmakers, reflecting a company's capital intensity as well as the cyclical characteristics of semiconductor supply and demand. This quarter, Seagate's DIO was 86 days, 5 days above its five-year average, indicating that the company's inventory has risen above historical levels. Following the earnings release, Seagate's shares fell as much as 8% in after-hours trading.
7 m ago
The total U.S. national debt has hit a record high of $40.5 trillion.
11 m ago
Visa FY2026 Q4 revenue of $12.1 billion, up 13% year-over-year; adjusted earnings per share of $3.48, up 17% year-over-year.
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