ADVFN US – Market Content Editor

Robinhood Markets Inc. (NASDAQ:HOOD) and Susquehanna International Group announced on Tuesday that they will jointly acquire control of a regulated U.S. derivatives exchange, marking a major step in their strategy to expand further into the fast-growing prediction markets industry. Under the deal, the two firms will take a combined 90% ownership stake in the MIAX…

EHang Holdings Limited (NASDAQ:EH) reported weaker-than-anticipated third-quarter results on Wednesday, posting a year-over-year revenue decline and a wider adjusted loss, though the company reiterated confidence in its full-year targets. Revenue came in at RMB92.5 million ($13.0 million), below analyst forecasts and down from RMB128.1 million a year earlier. The shortfall contributed to an adjusted net…

Cheetah Mobile Inc. (NYSE:CMCM) returned to operating profitability for the first time since 2019, reporting a strong third quarter powered by rapid expansion in its artificial intelligence business. Revenue surged 49.6% year-over-year to RMB287.4 million ($40.4 million), marking one of the company’s strongest quarterly performances in years. Shares of the company rose 1.06% in premarket…

Li Auto (NASDAQ:LI) shares slipped in U.S. premarket trading on Wednesday after the Chinese EV maker released a weaker-than-expected third-quarter report and delivered guidance that fell well short of market forecasts. By 04:18 ET, the stock was down 1.8%. The company posted earnings per share of RMB0.36, missing analyst expectations of RMB0.64. Revenue came in…

Crude prices held near flat on Wednesday, pausing after a sharp drop in the previous session that pushed benchmarks to their lowest levels in about a month. Traders continued to evaluate the likelihood of oversupply heading into 2026 and monitored renewed diplomatic efforts aimed at brokering a Russia-Ukraine peace agreement. Brent crude slipped 5 cents…

Gold prices pushed higher in Asian trading on Wednesday, lifted by a weakening U.S. dollar after a run of underwhelming U.S. economic reports added momentum to bets that the Federal Reserve will lower interest rates in December. Investor appetite for safe-haven assets remained firm even as risk markets extended their rally this week. Ongoing strains…

The U.S. dollar nudged higher on Wednesday, recovering slightly after its sharp slide in the prior session as traders continued to position for a potential Federal Reserve rate cut in December. The British pound, meanwhile, held steady as markets awaited the U.K.’s Autumn Budget announcement. At 03:50 ET (08:50 GMT), the Dollar Index — which…