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Sources indicate that U.S. private equity firm General Atlantic has reportedly hired JPMorgan Chase to lead a new round of initial public offerings (IPOs). General Atlantic is also reportedly partnering with Goldman Sachs and Morgan Stanley to advanc

2026-08-17

Sources indicate that U.S. private equity firm General Atlantic has reportedly hired JPMorgan Chase to lead a new round of initial public offerings (IPOs). General Atlantic is also reportedly partnering with Goldman Sachs and Morgan Stanley to advance the IPO, which could take place as early as this year.

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2026-08-17

US Department of Defense (DoD) awards $100 million contract to NODA AI to expand mission-command capabilities for autonomous joint-force systems.

US Department of Defense (DoD) awards $100 million contract to NODA AI to expand mission-command capabilities for autonomous joint-force systems.
2026-08-17

Xiaomi Corporation (01810.HK) will release its second-quarter financial report on Tuesday. According to a Visible Alpha survey of analysts, Xiaomi's net profit for the second quarter is expected to reach RMB 6.01 billion, compared to RMB 11.9 billion

Xiaomi Corporation (01810.HK) will release its second-quarter financial report on Tuesday. According to a Visible Alpha survey of analysts, Xiaomi's net profit for the second quarter is expected to reach RMB 6.01 billion, compared to RMB 11.9 billion in the same period last year; second-quarter revenue is expected to decline by 5.3% year-on-year to RMB 109.82 billion. Citigroup points out that considering the weak sales performance of its smartphone, IoT, internet, and electric vehicle businesses, coupled with rising memory prices and intensified market competition putting pressure on profit margins, Xiaomi's overall performance in the second quarter is likely to remain relatively weak. Citigroup expects Xiaomi's overall gross margin for the second quarter to narrow to 19.7%.
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