Real-time News

Citigroup lowered its price target for Nebius (NBIS.O) from $287 to $278.

Citigroup lowered its price target for Coreweave (CRWV.O) from $158 to $142.

Disney (DIS.N): TikTok will give its creators access to assets related to hundreds of movies and TV shows in Disney’s vast film library.

Citigroup raised its price target for McDonald's (MCD.N) from $335 to $345.

Disney (DIS.N) and TikTok announced a global short video content sharing agreement.

Novo Nordisk (NVO.N) CEO: We will be detailing how we can accelerate the advancement of early-stage assets and early-stage science at Capital Markets Day.

Novo Nordisk (NVO.N) CEO: We have no plans to make any major transactions.

Sources say the CEO of JPMorgan Chase (JPM.N) is leading an effort to expand industry groups to address the risks of artificial intelligence.

August 5th - Typhoon Dolphin, the 13th typhoon of the year, was located at 2 PM on August 5th approximately 970 kilometers east of Naha City in the Ryukyu Islands, with maximum sustained winds near its center reaching 14 on the Beaufort scale (strong typhoon level). It is expected to move westward at a speed of 20-25 kilometers per hour with little change in intensity. Affected by Dolphin, winds in the East China Sea will gradually increase from the night of the 6th, strengthening to 10-13 on the Beaufort scale from the 7th to the 8th, and reaching 13-16 on the Beaufort scale in some areas from the night of the 8th to the 10th. The Zhejiang Provincial Meteorological Observatory has issued a typhoon warning. Based on the "Zhejiang Provincial Flood Control, Typhoon Prevention and Drought Relief Emergency Plan," and after assessment and consultation, the Zhejiang Provincial Flood Control and Drought Relief Headquarters decided to activate the maritime typhoon emergency response at 6 PM on August 5th.

On August 5th, CSPC Pharmaceutical Group (01093.HK) announced that it had previously disclosed on June 13, 2025, that it had entered into a strategic research and development collaboration agreement with AstraZeneca to discover and develop novel oral small molecule drug candidates. On August 5, 2026, the company received a US$10 million milestone payment from AstraZeneca for exercising its licensing option for one of the PCC projects under the terms of the agreement, signifying that the relevant research and development work under the agreement is progressing steadily as planned.

Bank of America expects the yen to strengthen following the intervention, and has revised its year-end USD/JPY forecast to 149 from 152 (currently around 157.7).

Italy's Economy Minister stated that, following negotiations with the EU, Italy will submit a formal request to parliament to increase its deficit between September and October.

The UK Financial Conduct Authority (FCA) announced that new IPO rules will come into effect on August 5, 2026.

The UK Financial Conduct Authority (FCA) stated that the reforms will reduce issuers' enforcement risks, lower compliance costs, and make it easier for companies to access the public market.

The UK Financial Conduct Authority (FCA) will eliminate the 7-day waiting period for related research reports during the IPO process and simplify information sharing requirements for issuers and companies.

On August 5th, the 16th China Automotive Forum, hosted by the China Association of Automobile Manufacturers (CAAM), was held in Jiading, Shanghai. During the forum, CAAM officially announced the establishment of the "Autonomous Driving Vehicle Industry Development Joint Conference" and held an inauguration ceremony. At the ceremony, CAAM stated that the Joint Conference will adhere to the principles of "safety as the bottom line, innovation as the driving force, and collaboration as the means of development," working hand in hand with all parties in the industry to jointly promote the safe, orderly, and large-scale development of my country's autonomous driving industry, contributing to building a strong automotive nation and cultivating new productive forces. The Joint Conference sincerely invites OEMs, autonomous driving solution providers, chip and sensor companies, software and communication companies, testing and certification institutions, universities, and research institutes, and other relevant units in the industry chain to join, discuss development strategies, build collaborative mechanisms, and share industry achievements.

On August 5th, the Guangdong Branch of the People's Bank of China held its 2026 second-half work conference and Guangdong foreign exchange management work conference on August 4th. The conference emphasized the need to continue implementing a moderately loose monetary policy to help Guangdong's economy maintain its growth momentum; to strengthen support for key areas and weak links, and improve the efficiency and effectiveness of financial services to the real economy; to further deepen foreign exchange management reform and improve the facilitation of cross-border trade and investment; and to fully leverage its functions of maintaining financial stability and macro-prudential management to firmly safeguard against systemic financial risks. The conference required: First, promoting institutional opening-up in the foreign exchange sector to facilitate trade and investment. Second, vigorously optimizing foreign exchange services to support the high-quality development of the foreign-related economy. Third, strengthening foreign exchange business supervision to build a strong defense against external shocks.

Saudi Foreign Minister: We condemn Israel's aggression in Gaza.

August 5th - Currently, my country is in the peak flood season of "late July to early August," with many parts of both northern and southern China experiencing repeated and continuous heavy rainfall, triggering floods and geological disasters, causing casualties and damage to houses. To thoroughly implement General Secretary Xi Jinping's important instructions on flood control and drought relief, on August 5th, the Ministry of Finance and the Ministry of Emergency Management urgently allocated 330 million yuan in central natural disaster relief funds to support emergency rescue and relief work in eight provinces and municipalities, including Heilongjiang, Liaoning, Jilin, Chongqing, Sichuan, Guizhou, Yunnan, and Shaanxi. The focus will be on search and rescue, relocation and resettlement of affected people, emergency response including hazard mitigation, investigation and rectification of secondary disaster risks, and repair of damaged houses, in order to minimize disaster losses.

TD Cowen raised its price target for Chevron (CVX.N) from $200 to $205.