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Haidilao shares climbed 7% in Hong Kong after first-half results showed delivery revenue more than doubled and new restaurant brands expanded, supporting future growth outlook.
Broadcom issued optimistic guidance for the next fiscal year following strong earnings, citing expanding business with artificial intelligence labs and custom chip development partnerships.
Snowflake shares surged 22% in extended trading following the company’s better-than-expected quarterly results and strong performance from its AI coding tool.
Economist Mohamed El-Erian argues that massive bond issuance from governments and tech hyperscalers is exceeding available buyers, driving up bond yields through simple supply-and-demand dynamics.
US bond traders prepared for volatility across the yield curve following the Labor Day weekend, with Treasury buyback announcements and inflation data expected to drive near-term market movements.
Blackstone and KKR are attracting institutional investor capital to evergreen private market funds originally designed for wealthy individuals, expanding beyond their traditional wealth management bases.
