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Why Did PANW, AAL, MRNA Surge To 52-Week Highs?

Palo Alto Networks Inc. (PANW), American Airlines Group Inc. (AAL), and Moderna Inc. (MRNA) climbed to annual highs on Wednesday amid a series of positive catalysts and Wall Street optimism.PANW stock jumped more than 3% after Wells Fargo and BTIG upped their price target on the company. AAL stock…

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Fosun International Garners Five Awards from Corporate Governance Asia

Chen Qiyu and Xu Xiaoliang, Co-CEOs of Fosun International win Asia's Best CEO from Corporate Governance AsiaFosun International receives Sustainable Asia Award 2026, Best Environmental Responsibility Award and Best Corporate Communications AwardHONG KONG, July 2, 2026 /PRNewswire/ -- On 30 June 20…

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Citi’s Luet Says China Franchise Has Grown Strongly

Marc Luet, Citi’s head of Japan, Asia North & Australia and banking, said the bank has seen the role of the yuan grow and is hopeful of obtaining a securities license in China, according to Bloomberg.Luet made the comments in an exclusive interview on “Bloomberg: The China Show.”

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SK Hynix to Build New NAND, Chip-Packaging Plants in Central Korea

By Kwanwoo JunSK Hynix plans to invest more than $64 billion to construct new chip-making facilities in Cheongju, central South Korea, in coming years.The South Korean chip maker on Thursday detailed its planned investments of 100 trillion won, equivalent to $64.48 billion, which are part of its ma…

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Oxmiq Raises $35 Million Led by Samsung Catalyst Fund and Fudomo

AI chip startup Oxmiq said it has raised $35 million in a new funding round led by Samsung Catalyst Fund and Fudomo, with participation from Taiwan’s MediaTek and Pegatron Venture Capital, bringing its total funding to $60 million. According to ChainCatcher, the company was founded by former Intel…

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