• Shein wins Chinese approval for Hong Kong IPO | 2026-07-10
  China approved fast-fashion retailer Shein's long-awaited Hong Kong IPO on Friday, a notice posted on the China Securities Regulatory Commission (CSRC) website showed, clearing the way for a listing that failed in New ‌York and London. A spokesperson for Shein did not immediately have any comment on the approval. The online retailer has waited a year ‌for the green light from Beijing for its IPO, which had to be cleared by the highest levels of the ruling Chinese Communist Party, according to a source with direct knowledge ​of the matter.
• PDD Holdings (PDD) Stock May Be Undervalued Despite A 26% Slide | 2026-07-10
  PDD Holdings stock has fallen 25.8% year to date, yet the valuation checks still lean cheap, which sets up a clear tension between weak recent returns and what the current price suggests about value. Year to date, the share price has declined 25.8%, which means investors are coming to this valuation debate after a material pullback rather than a hot streak. Recent expansion efforts such as the move into Xiongan New Area can support expectations for future growth, while legal action against...
• Citi’s Endorsement And Cash Focus Might Change The Case For Investing In PDD Holdings (PDD) | 2026-07-10
  In early July 2026, Citi named PDD Holdings one of its top picks among Chinese internet companies, pointing to what it sees as attractive valuations and resilient cash generation across the sector. Citi also underscored PDD’s sizeable cash and equivalents of about US$63.00 billion and growing AI capabilities as key supports for its long-term business strength. We’ll now explore how Citi’s endorsement and emphasis on PDD’s substantial cash reserves may influence the company’s existing...
• Baidu (BIDU) Jumps 5%, Is The Stock Overvalued Or Undervalued? | 2026-07-10
  Baidu (BIDU) drew attention on July 8, 2026, as the stock gained 4.9%, even though its market price stood about 8.2% above one intrinsic fair value estimate based on GF Value. See our latest analysis for Baidu. That 4.9% daily gain comes after a mixed run for Baidu, with the share price up 3.7% over 7 days and 8.4% over 90 days, but down 21.8% year to date. The 1 year total shareholder return of 32.9% contrasts with weaker 3 and 5 year total shareholder returns, suggesting recent momentum is...
• Intuitive Machines Stock Extends Slide Below 200-Day Moving Average: What's Driving the Move? | 2026-07-10
  Intuitive Machines shares are trading lower Friday afternoon as traders weigh a NASA win against a still selective tape.
• Net Asset Value of EfTEN Real Estate Fund AS as of 30 June 2026 | 2026-07-10
  On 1 June 2026, EfTEN Real Estate Fund AS acquired a 100% holding in Magistral Kaubanduskeskus OÜ. The purchase price was based on an investment property...
• Take-Two 'GTA VI' Pre-Order Data Indicate 'Robust' Demand, B. Riley Says | 2026-07-10
  Take-Two Interactive Software's (TTWO) "Grand Theft Auto VI" pre-order tracking suggests "robust" de
• 1 Internet Stock for Long-Term Investors and 2 Facing Challenges | 2026-07-10
  By breaking down physical barriers, consumer internet businesses are reshaping how people shop, connect, learn, and play. But it’s not all sunshine and rainbows as consumer purchasing power can make or break demand. Unfortunately, the market seems to believe stormy skies are ahead as the industry has shed 10.2% over the past six months. This performance is a noticeable divergence from the S&P 500’s 7.2% return.
• From Smart EVs to autonomous vehicles: XPENG positions Robotaxi as a key milestone in bringing Physical AI to the real world | 2026-07-10
  /PRNewswire/ -- XPENG has officially started employee testing of its Robotaxi platform, marking a major milestone in the company's journey from intelligent...
• Berkshire Hathaway's Record $397 Billion Cash Pile Could Buy Nearly Any S&P 500 Company | 2026-07-10
  Berkshire Hathaway's cash hits a record $397B. This war chest is enough to buy any 1 of 474 S&P 500 companies.
• The bulging in-tray of challenges Andy Burnham faces upon entering No 10 | 2026-07-10
  From welfare and defence spending to cost of living and geopolitics, we the look at issues leftover from Keir Starmer
• Is D-Wave Quantum’s (QBTS) New NSF Grant Quietly Reshaping Its Gate-Model Investment Narrative? | 2026-07-10
  On 1 July 2026, D-Wave Quantum’s subsidiary Quantum Circuits, LLC was awarded a US$1,566,250 National Science Foundation grant under the ERASE project, giving researchers access to its superconducting dual-rail gate-model quantum computing resources to advance fault-tolerant technologies. This NSF-backed collaboration, led by Yale University, deepens D-Wave’s role in U.S. quantum innovation while broadening its gate-model capabilities and workforce development footprint alongside its...
• QTREX Establishes U.S. Subsidiary to Advance Federal Government Contracting | 2026-07-10
  Ness Ziona, Israel, July 10, 2026 (GLOBE NEWSWIRE) -- QTREX Quantum Ltd. (Nasdaq: QTEX) (
• Graphite One Supports EIS Pathway for America's Largest Known Natural Graphite Deposit; No Anticipated Delay to 2029 Graphite Creek Project Startup as U.S. Remains 100% Import Reliant for Natural Grap | 2026-07-09
  /PRNewswire/ - Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) ("Graphite One" or the "Company"), a developer of a complete U.S.-based advanced graphite supply...
• Electronic Arts stock hits all-time high at 206.01 USD | 2026-07-09
  
• General Dynamics to Webcast 2026 Second-Quarter Financial Results Conference Call | 2026-07-09
  /PRNewswire/ -- General Dynamics (NYSE: GD) will webcast its second-quarter financial results conference call on Wednesday, July 29, beginning at 9 a.m. EDT....
• Nasdaq Composite Jumps 0.9% as Semiconductors Stage a Comeback | 2026-07-09
  Micron jumped 7.5% on a $3 billion domestic investment. Meanwhile, oil prices fell on hopes that the Iran conflict might actually get resolved. Maybe. Perhaps.
• Howmet Aerospace (HWM) Could Be 11% Undervalued On Russell Index Changes | 2026-07-09
  Howmet Aerospace (HWM) is back in focus after a reshuffle of Russell indexes, with the stock removed from the Russell Midcap cohort and added to several large cap and growth defensive benchmarks. See our latest analysis for Howmet Aerospace. At a share price of $271.58, Howmet Aerospace has had a 30 day share price return of 10.15% and a year to date share price return of 28.28%. The 1 year total shareholder return of 50.04% sits alongside a very large 5 year total shareholder return, which...
• Lockheed Martin (LMT) Lands $502 Million Sensor Deal And Closes $3.5 Billion Buyout | 2026-07-09
  Lockheed Martin (NYSE:LMT) has announced a US$502 million global contract to provide post production support for advanced sensor systems used in AH-64 helicopters worldwide. The company has also closed its US$3.5b acquisition of Ultra Maritime, expanding its presence in undersea defense technologies. Lockheed Martin is a major defense contractor with a long history in aerospace and security technologies, and these latest moves add fresh detail to its current activity. The new helicopter...
• Soaring Defense Spending Means Great News for These 2 Defense Stocks | 2026-07-09
  Defense spending could surge by 50% in 2027, and these two companies are well positioned to benefit.

News source: finlight