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Curated Headlines for 14 August 2026 South China Morning Post AI demand drives triple-digit profit growth for Chinese chip foundries SMIC, Hua Hong https://www.scmp.com/tech/tech-trends/article/3363929/ai-demand-drives-triple-digit-quarterly-profit-growth-chinese-foundries-smic-hua-hong?module=top_story&pgtype=section Chinese carmakers could capture 15% to 30% of European market by 2035: Citi analysts https://www.scmp.com/business/china-evs/article/3363903/chinese-carmakers-could-capture-15-30-european-market-2035-citi-analysts?module=top_story&pgtype=section The Business Times AMD looks to raise US$4 billion to US$5 billion in debt offering: source Semiconductor companies are increasingly turning to capital markets to fund AI-related investments https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/amd-looks-raise-us4-billion-us5-billion-debt-offering-source Google unveils Gemini 3.7 Flash AI model for coding and agent workflows, but top AI model still delayed Delays to Gemini 3.5 Pro have left investors questioning Google’s roadmap https://www.businesstimes.com.sg/international/global/google-unveils-gemini-3-7-flash-ai-model-coding-and-agent-workflows-top-ai-model-still-delayed The Wall Street Journal U.S. Sending Fresh Aircraft Carrier to Middle East Amid Iran War Strain USS George Washington is set to replace USS Abraham Lincoln, which has been deployed for more than 250 days https://www.wsj.com/politics/national-security/u-s-sending-fresh-aircraft-carrier-to-middle-east-amid-iran-war-strain-d0d6e98d?mod=hp_lead_pos2   Barron’s Reddit Will Join the S&P 500. The Stock Jumps 11%. https://www.barrons.com/articles/reddit-avalonbay-communities-s-p-500-965af874?mod=hp_minor_pos24&_gl=1

StocksBNB Nordic Group – Record orderbook, sizeable pipeline ahead * 1H26 PATMI met 46% of FY26e forecast. PATMI grew 20.9% YoY to S$10mn in 1H26. This was driven by lower distribution costs, lower finance costs, and a smaller FX loss. * Orderbook grew 37.5% YoY to S$254.3mn. The majority of the current orderbook is made up of contracts in the semiconductor and marine & offshore industries (c. >55%). New contract wins amounted to S$71.5mn to be delivered in the next 3 years. The contract wins are primarily across segments in defence (27.6%), marine & offshore (27.3%), semiconductor (25.7%). The sales pipeline is larger, concentrated in defence (S$173mn), semiconductor (S$160mn), marine (S$89mn) and engineering services (S$48mn). * We maintain a BUY rating with an unchanged TP of S$0.68. Nordic trades at an 9.9x FY26e P/E. Nordic has a sizeable pipeline nearly double the current orderbook (c. S$470mn). There could be an upside through the issuance of a special dividend this year as the balance sheet improves and record profit is achieved. https://www.stocksbnb.com/wp-content/uploads/2026/08/Capture-18.png The Positives + New orderbook wins. Orderbook grew to S$254.3mn, comprising maintenance services (S$143mn/56%) and project services (S$111.3mn/44%). This includes S$71.5mn of new contracts across marine & offshore (S$19.5mn), defence (S$19.7mn), semiconductor (S$18.4mn), petrochemical (S$11.8mn) and others (S$2.1mn). Deliveries are expected to run mainly through 4Q2027 (defence project work extending to 2Q2029, petrochemical maintenance to 2031). + Stronger balance sheet. Net cash swung to S$10.2mn at 1H26, from net debt of S$8.3mn in 1H25. This follows the full repayment of two loan facilities (a 7.5-year facility originated in Jun 18 with S$200k quarterly instalments, and a 4-year term loan originated in Jan 22 with S$145k monthly instalments). However, invoice financing usage rose 87.5% YoY to S$20.1mn, partly offsetting the loan repayments. The post Nordic Group – Record orderbook, sizeable pipeline ahead appeared first on StocksBNB.

Curated Headlines for 13 August 2026 South China Morning Post China’s EV sales slide again amid fading incentives, weak demand and persistent price war https://www.scmp.com/business/china-business/article/3363737/chinas-ev-sales-slide-again-amid-fading-incentives-weak-demand-and-persistent-price-war?module=top_story&pgtype=section Hong Kong seeks tech exposure to take on Nasdaq amid Beijing’s rising AI dominance https://www.scmp.com/business/china-business/article/3363741/hong-kong-seeks-tech-exposure-take-nasdaq-amid-beijings-rising-ai-dominance?module=top_story&pgtype=subsection The Business Times Oil prices edge up as investors weigh US-Iran talks deadlock against lower demand Forecasters revised down their oil demand outlooks as US-Iran talks stall https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-prices-edge-investors-weigh-us-iran-talks-deadlock-against-lower-demand Gold rises to over two-month high as US inflation data dampens rate hike bets Traders are now pricing in about a 40% chance of an interest rate hike at the next Fed meeting, down from 46% https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-rises-over-two-month-high-us-inflation-data-dampens-rate-hike-bets The Wall Street Journal Trump Says Hormuz Is Under U.S. Control. Few Ships Are Listening. With limited bursts of firepower, Iran is able to make the waterway too risky to cross https://www.wsj.com/world/middle-east/trump-says-hormuz-is-under-u-s-control-few-ships-are-listening-485ba60e?mod=hp_lead_pos2 In-Line Inflation Reading Buys the Fed More Time to Defend Its Forecast Consumer-price index comes in as expected: not soft enough to take rate increase off the table, not firm enough to force one https://www.wsj.com/economy/central-banking/inflation-federal-reserve-interest-rates-296d1430?mod=hp_major_pos1

Curated Headlines for 12 August 2026 South China Morning Post Shein set to take orders for Hong Kong IPO next week, eyeing US$35b valuation: sources https://www.scmp.com/business/banking-finance/article/3363623/shein-set-take-orders-hong-kong-ipo-next-week-eyeing-us35b-valuation-sources?module=top_story&pgtype=section Gold breakout rally sends Chinese bullion stocks near highs as central banks keep buying https://www.scmp.com/business/china-business/article/3363620/gold-breakout-rally-sends-chinese-bullion-stocks-near-highs-central-banks-keep-buying?module=top_story&pgtype=subsection The Business Times Oil prices continue climb on US-Iran deal doubts; stocks retreat https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-prices-continue-climb-us-iran-deal-doubts-stocks-retreat Resilient Europe turns into a winning bet for money managers https://www.businesstimes.com.sg/companies-markets/resilient-europe-turns-winning-bet-money-managers The Wall Street Journal Iran Is Defying U.S. Pressure by Becoming a ‘Survival Economy’ Tehran’s leaders focus on subsistence in bid to outlast sanctions and a naval blockade https://www.wsj.com/world/middle-east/iran-is-defying-u-s-pressure-by-becoming-a-survival-economy-5e8edf9f?mod=hp_lead_pos1 Inflation Reports Could Test Warsh’s Tough Talk The Fed chairman has promised to bring inflation down. Upcoming data could determine whether he has to raise rates soon to do it. https://www.wsj.com/economy/central-banking/inflation-reports-could-test-warshs-tough-talk-3866e365?mod=hp_major_pos3 Barron’s CoreWeave Reports Solid Earnings. The Stock Jumps. Neocloud CoreWeave reported solid second-quarter earnings results on Tuesday afternoon. Its shares were up 14% in after-hours trading, after rising 2.4% in regular hours. https://www.barrons.com/articles/coreweave-earnings-stock-price-066fec34?mod=hp_minor_pos24

StocksBNB Spotify Technology S.A.- Strengthens the long-term story * Both 2Q26 revenue and PATMI were within expectations. 2Q26 revenue grew 14% YoY, primarily driven by stronger Premium revenue growth (+16% YoY) following recent price increases. 2Q26 revenue/PATMI were at 49%/48% of our FY26 forecasts. * User growth remained resilient, with MAUs reaching 777mn (+12% YoY), while Premium subscribers increased to 300mn (+9% YoY, +2% QoQ). * We maintain our Buy recommendation with an unchanged target price of US$650. Our estimates remain unchanged, with a WACC of 7.5% and a terminal growth rate of 3.5%. SPOT continues to deliver strong user momentum and improve profitability. Revamped advertising is also expected to further support margins. Its key competitive advantage lies in its large, proprietary dataset of user listening behaviour, which allows superior personalisation and discovery, strengthens platform stickiness, and supports continued pricing power. https://www.stocksbnb.com/wp-content/uploads/2026/08/Capture-16.png The Positives + Revenue growth accelerates on resilient subscriber growth and pricing. Revenue growth accelerated to 14% YoY (1Q26: +8%; 4Q25: +7%), driven by strong Premium revenue growth of 15% YoY. Premium ARPU increased 7% YoY, benefiting from the 8% U.S. price increase implemented in Feb 2026, while Premium subscriber growth remained resilient at 9% YoY and beat guidance by 1mn, highlighting healthy demand despite recent price increases. Gross margin reached a record 33.4%, exceeding guidance by 30bps, supported by improvements across both Premium and Ad-Supported segments. + Priority shifting from scale to growth. MAUs reached 777mn (+12% YoY), providing SPOT with a sizeable base of free users, particularly across emerging markets. Management is now shifting its focus from maximising MAU growth toward improving monetisation, including higher ad loads and greater friction within the free tier to drive Premium conversion. While these initiatives are expected to moderate near-term MAU additions, management does not expect Premium subscriber growth to be affected. 3Q26 revenue is guided to €5.0bn, implying a 17% YoY growth (200bps FX tailwind). + Advertising at the point of inflection. While Ad-Supported revenue growth remained modest at +1.4% YoY, SPOT has largely completed its two-year advertising infrastructure overhaul, with 99% of impressions now served through its proprietary ad stack. Automated channels increased to 40% of Ad-Supported revenue (1Q26: 30%), while active advertisers surged 60% YoY. With direct-sales declines stabilising and automated buying continuing to scale, management reiterated its expectation for advertising growth to inflect toward double digits in 2H26. Increased automation could also support Ad-Supported gross margin expansion from the current 20% to 40% over the long term. The post Spotify Technology S.A.- Strengthens the long-term story appeared first on StocksBNB.

StocksBNB Palantir Technologies Inc – Acceleration across all fronts * 2Q26 revenue met our expectations, while PATMI exceeded. Revenue and PATMI accounted for 47% and 56% of our FY26e estimates, respectively. Group revenue grew 93% YoY, driven by US Commercial revenue growth of 150% YoY (2Q25: 93% YoY).FY26e revenue and adjusted operating income guidance were raised by 7% and 10%, respectively. * FY26e revenue is expected to grow 82% YoY to US$8.15bn, supported by at least 134% YoY growth in US Commercial revenue, while adjusted operating income is projected to rise 117%. The drivers are accelerating AIP adoption, conversion of pilots into production deployments, and strong growth in commercial deal value and backlog. * We maintain a BUY recommendation with a higher DCF-based target price of US$215 (prev. US$202). WACC and terminal growth remain unchanged. We raised our both our FY26e revenue and PATMI forecasts by 6%, following stronger-than-expected 2Q26 results. We remain positive on Palantir, as its Ontology moat and AIP tools drive operational automation, accelerate enterprise AI adoption, and strengthen its position within the US government. https://www.stocksbnb.com/wp-content/uploads/2026/08/Capture-15.png The Positives + Outstanding growth in the US commercial business. Commercial revenue growth surged to a record high at 110% YoY (2Q25: 47%), driven by 150% YoY growth in US commercial revenue (2Q25: 93%). US Commercial remaining deal value grew 124% YoY to US$6.0bn, reflecting strong enterprise adoption of AIP and sovereign AI. US Commercial customer count rose 35% YoY to 653, supported by several large enterprise expansions, including a nearly US$370m contract with a multinational technology company. + Strong government momentum. Government revenue grew 79% YoY (2Q25: 49%), driven by 90% YoY growth in US Government revenue (2Q25: 53%), while International Government revenue increased 42% YoY. Growth was driven by continued execution of existing programs and new contract awards across defense and civil agencies, reflecting rising demand for Palantir’s AI platform. Government demand remained strong, supported by expanding Maven deployments, growing adoption across the Department of Defense, and a new program of record selecting Maven as its operating platform. The post Palantir Technologies Inc – Acceleration across all fronts appeared first on StocksBNB.

StocksBNB AppLovin Corp. – Robust ad growth, rising compute costs * 2Q26 revenue in line with our expectations, with revenue up 53% YoY to US$1.92bn and PATMI increased 55% YoY to US$1.27bn, driven by improved model performance in gaming and expansion of the consumer vertical. Both 1H26 revenue/PATMI were at 49% of our FY26e forecasts. * Strong momentum continued in the ad segment, with gaming remaining the key revenue contributor while non-gaming consumer verticals reached a new record, with advertiser spend rising ~28% compared with the seasonal peak in 4Q25. * We maintain our BUY rating but reduced our target price to US$610 from US$635. While we keep our FY26e revenue forecast unchanged, we lowered PATMI by 2% to reflect higher compute and inference costs associated with model training. We also view the formal closure of the SEC inquiry without enforcement action positively, as it removes lingering operational risks, including potential deplatforming by major platforms such as Google. We continue to believe APP’s dominant position in gaming will support its ad business, while initiatives to acquire targeted clients through partnerships should help accelerate consumer ad spend and overall growth. https://www.stocksbnb.com/wp-content/uploads/2026/08/Capture-14.png The Positives + Strong ad performance. APP’s advertising business growth slowed but remained robust in 2Q26, with revenue increasing 53% YoY to US$1.92bn (2Q25: +77%). MAX publisher earnings also recorded strong double-digit sequential growth. Gaming remained the main revenue contributor, while non-gaming consumer verticals reached a new record, with advertiser spend rising ~28% compared with the seasonal peak in 4Q25. Looking ahead, APP is expanding its focus on the mid-market segment, using partnerships and customer acquisition initiatives to attract more advertisers and capture higher spending across retail and e-commerce. The company also expects mid-market customers to provide APP’s models with greater visibility into users’ transactional behaviour, supporting further growth beyond gaming. + Operational strength. APP’s 2Q26 net income rose 55% YoY to US$1.27bn (2Q25: US$820mn), supported by robust ad revenue growth and a 300bps expansion in adjusted EBITDA margin to 84% (2Q25: 81%). However, operating expenses increased ~39% YoY (2Q25: -29%), mainly due to a 127% YoY spike in R&D expenses from higher model training and inference costs. As a result, free cash flow (FCF) growth slowed to 12% YoY (2Q26: US$863mn) from 70% YoY in 2Q25. With near-term FCF under pressure, APP reduced the pace of share buybacks, repurchasing ~1.14mn shares for US$551mn in 2Q26. Despite anticipating higher costs, management expects FCF to improve in 3Q26e and normalise at ~75% of adjusted EBITDA for FY26e. The post AppLovin Corp. – Robust ad growth, rising compute costs appeared first on StocksBNB.

StocksBNB Airbnb Inc – Large events offset EMEA booking weakness * 2Q26 revenue met our expectations, with 1H26 revenue/PATMI at 45%/31% of our FY26e estimates. We expect revenue and PATMI to be backloaded into 2H26e driven by summer travel demand and higher operating leverage. * We continue expecting FY26e group revenue rising 13% YoY to US$13.8bn. Major event pipelines include the Tour de France in Jul and NASCAR across the US through Nov 2026, followed by LaLiga in Spain from August. These events will drive more local listings and higher booking activity across host cities. Continuous growth is driven by emerging markets (Latin America and APAC), while Airbnb Services expands its portfolio. * We downgrade our recommendation from NEUTRAL to REDUCE due to recent share price performance. We raise our DCF target price to US$158.00 (prev. US$136.00) following an increase in the terminal growth rate, g, to 4.0% (prev. 3.5%), reflecting easing booking disruptions in EMEA and improving booking and ADR growth. Recent rally has pushed ABNB to a premium valuation, trading at 30.9x PE versus its 2-year historical +1 SD of 29.6x. APAC and Latin America are growing at 2x the rate of mature markets but remain small enough to offset the slowdown, leaving group sales growth hinged on North America. New businesses beyond rentals offer longer-term upside but are unlikely to be material over the next 3-5 years. https://www.stocksbnb.com/wp-content/uploads/2026/08/Capture-13.png The Positives + Higher booking volume. Revenue slightly beat consensus of US$3.58bn, driven by a 10% increase in booking volume. Strength in the US market offset booking cancellations in EMEA due to the conflict in the Middle East. Higher booking volume was driven by 1) the broader rollout of new initiatives in the US, including Reserve Now, Pay Later (zero upfront payment) and greater price transparency from a simplified fee structure; 2) the 2026 FIFA World Cup, hosted across 16 North American cities (44% of 2Q26 revenue); and 3) AI making booking easier by highlighting homes, hotels, and services that match each guest’s preferences. + ADR strengthens. LTM Average daily rates (ADR) growth was 6.3%, the highest since 3Q22. In the largest market, North America, ADR rose 7%, driven by price appreciation and a favourable mix shift, as growth in short-term stays and entire homes outpaced growth in long-term stays. Short-term rentals typically command higher rates. The shift from a split fee structure to a single service fee carried by the host improved hosts’ pricing competitiveness and increased price transparency for guests, with ~50% of active listings now under the new structure. Forex tailwinds, as foreign currencies strengthened against the US dollar, also supported ADR growth (+1%). The post Airbnb Inc – Large events offset EMEA booking weakness appeared first on StocksBNB.

Curated Headlines for 11 August 2026 South China Morning Post Global AI trade revival brightens outlook for Chinese tech stocks after record sell-offs https://www.scmp.com/business/china-business/article/3363261/global-ai-trade-revival-brightens-outlook-chinese-tech-stocks-after-record-sell-offs?module=top_story&pgtype=subsection China’s X Square Robot submits confidential filing for Hong Kong IPO, sources say https://www.scmp.com/tech/tech-war/article/3363028/chinas-x-square-robot-submits-confidential-filing-hong-kong-ipo-sources-say?module=top_story&pgtype=subsection The Wall Street Journal Nvidia, Wall Street Firms Strike AI Financing Deal Targeting $500 Billion Apollo, Blackstone and BlackRock were among the firms that committed to the deal https://www.wsj.com/business/deals/nvidia-wall-street-firms-strike-ai-financing-deal-targeting-500-billion-c50377db?mod=hp_lead_pos5   The Business Times Oil climbs 5% as Iran, US both demand compensation and Hormuz hopes fade Brent crude futures closed US$4.17, or 4.99%, higher at US$87.72 a barrel https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-climbs-5-iran-us-both-demand-compensation-and-hormuz-hopes-fade Intel plans US$15 billion share sale as turnaround rally lifts stock Tech giant is looking to fund the build-out of its chip contract manufacturing business https://www.businesstimes.com.sg/companies-markets/intel-plans-us15-billion-share-sale-turnaround-rally-lifts-stock Microsoft plans to unveil next-gen AI chip in September: report Tech firm said to have talked with TSMC to secure production capacity for over 300,000 units for delivery in 2027 https://www.businesstimes.com.sg/companies-markets/microsoft-plans-unveil-next-gen-ai-chip-september-report