$FUTU

Hong Kong's SFC met with investment banks to outline protocols for regulatory raids, signaling increased scrutiny of IPOs. Banks were advised to train staff, facilitate searches, and maintain confidentiality. The SFC emphasized focusing on quality issuers and robust internal controls. Hong Kong has seen a surge in IPOs, with funds raised up 76% year-over-year. The SFC is prioritizing misuse of IPO funds and fake demand, suspending trading for Cloudbreak Pharma over concerns of rigged demand.

Capital Southwest Corp (CSWC) increased authorized shares to 135M from 75M for capital flexibility. Its P/S ratio is 11.61x, above 5-year median 8.43x, indicating growth expectations. GF Value™ suggests 1.7% overvaluation. Insiders show net buying. CSWC has a GF Score™ of 59, with weak growth and financial strength but strong valuation and momentum.

Baidu reported annual revenue of 129.1 billion yuan with a net profit margin of about 4%. Futu's net profit margin was nearly 50%.

Tiger Brokers (UP Fintech) and Futu Holdings reported strong Q2 growth, driven by overseas expansion. Tiger's revenue rose 31.4% to $182.3M, but net income fell slightly. Futu's revenue increased 35.6% to $918M, with net income up 41.6%. Both companies grew funded accounts significantly, with Futu reaching 3.84M.

Futu Holdings (FUTU) reported record Q2 results with revenue up 35.6% YoY to HK$7.2B and net income up 41.6% to HK$3.6B. Trading volume hit HK$6.42T, driven by U.S. stock activity. Client assets grew 43.6% to HK$1.4T, but regulatory outflows impacted Mainland China clients. Hedge fund ownership declined, and short interest is 9.16% of float.

Moderna (MRNA) rose 14.36% to $158.83 on cancer therapy progress with Merck. Cisco (CSCO) partnered with Super Micro (SMCI) for AI deployment. Robinhood (HOOD) gained 8.2%, while Albemarle (ALB) fell 5.89% after JPMorgan cut its EBITDA forecast to $2.88B.

Futu Holdings (FUTU) stock rose 8.02% after Q2 2026 earnings beat estimates, with revenue of HK$7.2B (vs. HK$6.17B expected) and net income of HK$26.08 per ADS (vs. HK$23.36 expected). The company reported 35.6% year-over-year revenue growth and 41.6% net income growth, driven by user and trading volume increases. The stock's price-to-sales ratio is 6.98, and its P/E ratio is 12.1.

Robinhood (HOOD) and Coinbase (COIN) rose due to crypto momentum, with HOOD up 13% and COIN up 25.6% last week. Marvell (MRVL) fell 5.57% to its 50-day moving average. Edison (EIX) dropped to $70 lows amid wildfire liability concerns, despite a 4.83% dividend yield and positive analyst revisions.

Walmart (WMT) reported earnings of $187.9B, beating estimates. Alibaba (BABA) reported $39.64B revenue, up 9% YoY, but missed earnings estimates. Amazon (AMZN) plans to expand Prime Air to 500 U.S. locations. PayPal (PYPL) is in talks for a potential buyout. NetEase (NTES) reported mixed Q2 results. Futu (FUTU) beat revenue estimates. Nokia (NOK) plans to cut most of its China workforce. Meta (META), Google (GOOG), and Snap (SNAP) won a legal reprieve. NVIDIA (NVDA) explores partnership with Reb

Futu Holdings (FUTU) stock rose 9.45% after Q2 2026 earnings beat estimates, with revenue up 35.6% and net income up 41.6% YoY. The company reported strong fundamentals, including a 48.4% pre-tax margin and solid balance sheet. Analysts maintain a bullish stance with a target of HK$150 in 6–12 months.