Key News
1. The US core PCE price index rose 3.30% year-on-year in April, the highest level since November 2023.
Individual Stock News
1. Futu Holdings (FUTU.O) reported a net profit of HK$830.985 million in Q1 2026, a 61.2% year-on-year decrease from HK$2.143 billion in the same period last year.
2. According to the Wall Street Journal: Meta Platforms (META.O) has begun rolling out subscription plans for Facebook, Instagram, and WhatsApp, and is testing a new subscription service for its AI chatbot users.
3. South Korean AI chip startup FuriosaAI announced a strategic partnership with Broadcom (AVGO.O) to jointly develop its third-generation AI accelerator.
4. US officials: The US Department of Defense awarded Microsoft (MSFT.O) a $9.7 billion enterprise software contract aimed at cost reduction.
5. According to the Wall Street Journal: Amazon (AMZN.O) has reached a $6 billion agreement with Snowflake (SNOW.N) to purchase Graviton intelligent computing chips.
6. Boeing (BA.N) has received a revised $854.7 million contract from the U.S. Navy.
7. According to Yonhap News Agency: Nvidia (NVDA.O) CEO Jensen Huang will visit South Korea next week.
8. Li Auto (LI.O): Net loss for the first quarter of 2026 is RMB 2.3 billion.
9. XPeng Motors (XPEV.N) reported revenue of RMB 13 billion in Q1 2026, compared to RMB 15.81 billion in the same period last year.
