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Super Micro Computer (SMCI.O) shares rose about 10.4% in U.S. premarket trading after the company gave a fiscal 2027 revenue outlook that topped Street estimates.

2026-08-12

Super Micro Computer (SMCI.O) shares rose about 10.4% in U.S. premarket trading after the company gave a fiscal 2027 revenue outlook that topped Street estimates.

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2026-08-12

Goldman Sachs to buy ETF provider NEOS for $2.3 billion.

Goldman Sachs to buy ETF provider NEOS for $2.3 billion.
2026-08-12

1. my country's auto exports continue their strong growth momentum, exceeding 1 million units for two consecutive months. 2. China Association of Automobile Manufacturers (CAAM): Domestic auto sales in July decreased by 13.1% month-on-month and 23.6

1. my country's auto exports continue their strong growth momentum, exceeding 1 million units for two consecutive months. 2. China Association of Automobile Manufacturers (CAAM): Domestic auto sales in July decreased by 13.1% month-on-month and 23.6% year-on-year. 3. New energy vehicles accounted for over 60% of monthly new car sales for the first time. 4. China Passenger Car Association (CPCA): Retail sales of passenger cars in China reached 1.461 million units in July 2026, a year-on-year decrease of 20.9%. 5. CPCA: Production of new energy passenger vehicles reached 1.449 million units in July, a year-on-year increase of 25.6%. 6. CPCA: The passenger car market in August 2026 is expected to show a trend of "weak recovery in total volume and strong structural differentiation." 7. Institutions: All-solid-state batteries enter the engineering verification phase; major global manufacturers are accelerating automotive-grade testing and implementation in multiple fields. 8. China Changan Automobile and Huawei signed a strategic cooperation framework agreement. 9. ZF's 8-speed hybrid transmission is in mass production in China, with a 95% localization rate for controllable materials. 10. He Xiaopeng discusses the new national standards for batteries and autonomous driving: ensuring not only strengths, but more importantly, eliminating weaknesses. 11. Chen Zhuo of Avita: It is essential to maintain independence in computing power scheduling and vehicle solutions to avoid becoming a mere hardware integrator.
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