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Xiaomi Corp. shares surged 5.8% Thursday after unveiling new AI models and preparing a refreshed SU7 electric vehicle. The rally made it the top performer on the Hang Seng Tech Index, despite a broader 2% decline amid Tencent earnings and Iran war co

2026-03-19

Xiaomi Corp. shares surged 5.8% Thursday after unveiling new AI models and preparing a refreshed SU7 electric vehicle. The rally made it the top performer on the Hang Seng Tech Index, despite a broader 2% decline amid Tencent earnings and Iran war concerns. CEO Lei Jun announced a 16 billion yuan AI investment for 2026. Analysts say the launches strengthen Xiaomi’s AI and EV positioning, supporting long-term value despite near-term profit pressure from R&D and component costs.

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2026-03-19

The number of Americans continuing to claim unemployment benefits for the week ending March 7 was 1.857 million, compared with an expected 1.85 million and a revised 1.847 million for the previous week.

The number of Americans continuing to claim unemployment benefits for the week ending March 7 was 1.857 million, compared with an expected 1.85 million and a revised 1.847 million for the previous week.
2026-03-19

U.S. Treasury Secretary Bessenter: The tariff regime is expected to operate under the new governing body and remain unchanged.

U.S. Treasury Secretary Bessenter: The tariff regime is expected to operate under the new governing body and remain unchanged.
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