Cathay Pacific Airways $CPCAY will resume non-stop services between Hong Kong (HKG) and Adelaide (ADL) starting 11 November 2025, marking a renewed phase in restoring strategic air corridors across the Southern Hemisphere. The decision supports broader aviation normalization efforts and reinforces Adelaide’s role as a growing hub in regional air connectivity.
Swiggy’s $SWIGGY.NS stock has regained upward momentum after facing pressure earlier this month, driven by broader volatility and competitive shifts in India’s fast-evolving quick commerce (QC) landscape. On Thursday, shares surged over 5% intraday to ₹385 on the Bombay Stock Exchange (BSE), outperforming broader market indices.
Shares of Hindustan Zinc Limited $HINDZINC.NS experienced a sharp decline of over 6% on Wednesday, following the strategic divestment by its promoter, Vedanta Limited $VEDL. The sale comprised approximately 66.7 million shares, equating to about 1.6% of Hindustan Zinc’s equity, executed through a block trade valued at INR 3,028 crore.
The initial public offering (IPO) of Monolithisch India Ltd, an SME-sector participant, closed on June 16, 2025, with the issue oversubscribed 14.56 times, according to data from the National Stock Exchange (NSE). The offer, which opened on June 12, attracted intense investor interest despite broader macroeconomic caution.
Adobe Inc. $ADBE delivered an upbeat sales outlook for the fiscal quarter ending in August, with projected revenue between $5.88 billion and $5.93 billion. The midpoint slightly exceeds the consensus estimate of $5.88 billion, while adjusted earnings are expected to range from $5.15 to $5.20 per share—above analysts’ average forecast of $5.11. The results reaffirm Adobe’s revenue stability, but investor skepticism persists amid intensifying competition from AI-native challengers.
Warner Bros. Discovery Inc. $WBD has announced plans to spin off its streaming and studio operations into a standalone, publicly traded company by mid-2026. The move aims to sharpen operational focus and respond to shifting media consumption trends, particularly the accelerating migration from linear television to digital platforms.
Kuaishou Technology $1024.HK recently experienced a significant increase in its share value, reaching the highest level since March, following optimistic projections concerning its video generation platform, Kling AI. The platform, launched by Kuaishou to compete against ByteDance Ltd.'s TikTok and Douyin, is anticipated to generate annual revenue of USD 100 million by February, according to company statements.
Nearly four years after its high-profile launch, Robinhood Markets Inc. $HOOD has established a fresh record in its stock price. On Tuesday, HOOD surged by 5.5%, closing at 71.72 USD. This exceeded its previous peak of 70.39 USD, set days after its initial public offering. The latest rally underscores the renewed momentum within financial technology and digital asset trading.
Strategists at JPMorgan Chase & Co. $JPM highlight growing concerns for the S&P 500 $^SPX as persistent inflation and muted economic expansion threaten to cap gains through the summer. Recent analysis led by Mislav Matejka points to a transition from the index’s early-year rebound toward a period marked by stagnation, shaped by macroeconomic and geopolitical uncertainties.
LVMH Moët Hennessy Louis Vuitton SE $MC.PA, the world’s largest luxury conglomerate, has reported a sustained contraction in luxury spending among Chinese consumers. Stéphane Bianchi, Deputy CEO of LVMH, highlighted this trend during recent parliamentary testimony, underscoring that Chinese buyers have significantly reduced both travel and discretionary consumption over the past quarter. This signals that the widely anticipated rebound in Chinese demand for premium products remains subdued.
British American Tobacco Plc $BATS.L, a leading multinational in the tobacco industry, is set to divest a portion of its long-held stake in ITC Ltd $ITC.BO, a major Indian conglomerate in consumer goods. The intended sale involves up to 290 million ITC shares, representing approximately 2.3% of the company’s free float. Priced at a minimum of 400 INR (4.69 USD) per share, this offering stands to realize at least 1.36 billion USD in proceeds. BAT remains the largest single shareholder of ITC, controlling nearly 25% of ITC's capital base.
Salesforce Inc. $CRM has reignited acquisition talks with Informatica Inc. $INFA, a move that could reshape the competitive structure in cloud data management if successful. Unlike last year’s brief attempt, current discussions have advanced, with a potential announcement possible as soon as next week. Despite the momentum, the outcome remains open; discussions may extend, or a rival buyer may emerge.
