5 Hours AgoHong Kong tech index jumps as Bilibili leads beneficial properties with 8% surge The Dangle Seng tech index jumped 2.6% as tech shares jumped, together with Bilibili which surged 8.3%.The tech index outperformed the broader Dangle Seng index, which rose about 0.6%.Bilibili reported full-year income of twenty-two.53 billion yuan ($3.11 billion) in 2023 and mentioned it was “assured” of income development in 2024.Different shares within the sector rose together with Baidu which was up 3.7%, whereas Tencent gained about 1%.— Shreyashi Sanyal6 Hours AgoStrategist says Japan ‘very very shut’ to yen intervention Japan is “very, very shut” to intervening within the yen, in response to Steven Englander, head of International G10 FX analysis and North America macro technique at Normal Chartered Financial institution.          “I believe we’re really very, very near them [Japanese authorities] leaping in … they’ve already mentioned the political penalties and no person’s sitting there asking for a weaker yen,” Englander informed CNBC.He mentioned the intervention can be aimed toward shopping for time for Japanese authorities till the U.S. Federal Reserve begins slicing rates of interest or for the Financial institution of Japan to hike its charges a bit extra.    The Japanese yen weakened 0.1% on Thursday, buying and selling at round 151.47 in opposition to the greenback after falling to its weakest degree in 34 years at 151.97 within the earlier session. It prompted market hypothesis the federal government might doubtlessly intervene to assist the forex.— Shreyashi Sanyal9 Hours AgoFlows to money could possibly be waning in favor of danger property, Barclays saysCash as an asset class has commanded fairness fund flows, however Barclays believes its reign could possibly be nearing its finish.”Money stays in favor as it’s seeing probably the most inflows ytd, however momentum is slowing, in our view,” wrote analyst Emmanuel Cau.Within the close to time period, Cau believes that quarter-end rebalancing might favor bonds over shares. Additional out, fee cuts and resilient earnings fundamentals might widen the fairness market rally.”A change of market management away from US/Tech/High quality might present a wholesome broadening outward and should even give the bull market legs,” he added.— Lisa Kailai Han9 Hours AgoGE Vernova and Solventum will be part of the S&P 500 in AprilGE Vernova and Solventum are set to hitch the S&P 500 subsequent week.Solventum, 3M’s health-care enterprise, will probably be added to the broad market index on April 1 – the identical date that it is anticipated to be spun off from the multinational conglomerate. It would commerce beneath the image SOLV.GE Vernova, Common Electrical’s energy enterprise, will develop into a part of the S&P 500 on April 2. That is the identical day that it’s going to formally be spun off from GE and commerce beneath the ticker GEV. On that date, GE may even be renamed GE Aerospace and keep its place in each the S&P 500 and the S&P 100.S&P Dow Jones Indices will drop V.F. Corp and Dentsply Sirona from the broad market index, with the latter becoming a member of the S&P Midcap 400.-Darla Mercado9 Hours AgoRH, Verint Techniques lead after-hours moversCheck out the shares making headlines in prolonged buying and selling:RH — Shares of luxurious residence furnishings retailer RH jumped 7% after the corporate mentioned it expects its demand traits to speed up all through fiscal yr 2024, even because it foresees enterprise situations to “stay difficult” till rates of interest ease and the housing market bounces again. RH missed earnings and income expectations for the fourth quarter, nevertheless, and guided first-quarter income all the way down to the low-single digits.MillerKnoll — The inventory plunged 12.8% after falling quick on third-quarter income estimates. The corporate, which makes seating merchandise and furnishings programs, reported 45 cents per share in adjusted earnings, whereas analysts anticipated 44 cents per share. Income got here out at $872.3 million, beneath analysts’ expectations of $909.6 million for the quarterly interval, per FactSet. Sprinklr — Shares added 7.6% after the software program inventory after the corporate beat fourth-quarter earnings and income expectations. Sprinklr reported adjusted earnings per share of 13 cents, which got here out 4 cents above analysts’ forecasts, per FactSet. The corporate’s income of $194.2 million additionally surpassed expectations of $188.7 million.Verint Techniques — Shares rose 5.2% after the client engagement options supplier beat fourth-quarter earnings per share and income estimates. The corporate posted adjusted earnings of $1.07 per share on income of $265.1 million, whereas analysts polled by FactSet had referred to as for 97 cents per share in adjusted earnings on income of $262.5 million.— Pia Singh10 Hours AgoStock futures open little modified on Wednesday