Information Technology Distribution

Dragon

Qualcomm

Financial Analysis

603020

QCOM

AAPL

QCOM reported FY26 Q2 (quarter ended Mar 2026) after the U.S. close on Apr 30 (Beijing time). Key takeaways: 1) Core metrics.Revenue was $10.6bn, down 3.5% YoY, in line with consensus ($10.56bn). The renewed decline reflected a sluggish downstream handset market.GPM was 53.8% (-120bps YoY), below consensus at 54.6%. Amid memory shortages...

Apple Group

Macys

Apple

QCOM: Can the AI boost offset handset softness?

Today’s Key News Recap

AAPB

AAPD

AAPU

AAPX

AAPY

APLY

0303 | Dolphin Research Focus: 🐬 Macro/Industry1) Today, both Hong Kong and A-share markets sold off sharply as Middle East geopolitical tensions escalated. Qatar's LNG output halted and the Strait of Hormuz was blocked, stoking fear across markets.Money rotated out of equities and other high-risk assets into safe havens such as gold and crude. Risk assets globally came under pressure.Meanwhile, oil spiked, lifting inflation expectations. Investors fear the Fed may delay its rate-cut cycle, putting high-valuation growth tech under pressure. The Hang Seng Tech index led the declines.

US Global Sea to Sky Cargo ETF

GraniteShares 2x Long AAPL Daily ETF

Direxion Daily AAPL Bear 1x Shares

Direxion Daily AAPL Bull 2X Shares

T-Rex 2X Long Apple Daily Target ETF

Kurv Yield Premium Strategy Apple Aapl ETF

YieldMax AAPL Option Income Strategy ETF

Geopolitical shock triggers broad selloff; AAPL's budget 17e launch props up sentiment｜Daily News Recap

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Commercial Space

SpaceX

Deep Research

ASTS

Since end-2025, commercial space has surged in investor attention in the capital markets. In this report, we take a cause-and-effect lens to frame the investment opportunity and offer an entry point for research.The immediate catalyst is news that SpaceX is moving toward the public markets to raise capital. Its breakthrough lies in reusable rockets that sharply reduce satellite launch costs.Using SpaceX as our entry point, we address three questions: (1) how SpaceX scaled and by how much reusability cuts costs; and (2) why the sudden push to go public contrasts with Musk’s prior stance. (3) How feasible is Musk’s vision for space-based compute, and where does the industry stand now?

AST SpaceMobile

Musk drops another ace: Can SpaceX remake space economics?---

QCOM reported FY2026 Q1 results (quarter ended Dec 2025) in after-hours trading on Feb 5 (Beijing time). Key takeaways: 1) Core metrics.Revenue was $12.25bn, up 5% YoY, in line with market expectations ($12.2bn). Growth decelerated again this quarter, mainly due to a sluggish downstream smartphone market.GPM was 54.6%, down 120bps YoY and below consensus (55.2%). Amid tight memory supply...

QCOM: Memory Crunch Deepens; Smartphone Stocks at Risk?

Conference Minutes

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BYTED

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80700

TCTZF

TCEHY

MUSI

PLAY

HTCD

The following are the minutes of Tencent Music's 3Q25 earnings conference call organized by Dolphin Research. For financial report interpretation, please refer to &#34;With ByteDance's Efforts, Can Tencent Music Still Be 'Small and Beautiful'?&#34; 1. Review of Core Financial Information: 1. Tencent Music Entertainment Group (TME) reported a 21% year-on-year increase in total revenue for the third quarter of 2025, reaching RMB 8.5 billion, marking the highest growth rate since the first quarter of 2021. This was driven by the continued growth of the music subscription business, strong performance in offline concerts, advertising services, and sales of artist-related merchandise. 2. Online music revenue increased by 27% year-on-year to RMB 7 billion...

TENCENT

ByteDance

TME-SW

TENCENT-R

Tencent Holdings Limited

Tencent

Tencent Music

Serial

American Century Multisector Income ETF

ISHRS St National Muni

Dave & Buster ENT

Flexshares Stoxx US ESG Select Index Fd

Ameriprise Financial

Tencent HK SDR 10to1

Tencent Music (Minutes): Subscription growth slightly slowed, short-term investments impact profitability

CityDev MBeCW260930

SingtelMBeCW261030

Teho

Meta Health

DBS MB eCW260730

OCBC Bk MB eCW260930

TencentMBeCW261005

DBS MB eCW260929

Dragon Rise Group Holdings Ltd. has scheduled a board meeting on November 27, 2025, to review unaudited interim results for the six months ending September 30, 2025, and discuss potential interim dividend payments. This reflects the company's commitment to transparency and shareholder engagement.

Tip Ranks

Dragon Rise Group Holdings Schedules Board Meeting for Interim Results

The Department of Justice has reversed course on its Friday statement that it was considering charges against Dragonfly over the firm's early investment in Tornado Cash. source:

CoinLive

DOJ backtracks on pursuing charges against Dragonfly for early Tornado Cash investment, exec says

DOJ may pursue charges against Dragonfly for Tornado Cash link, raising industry concerns. source:

DOJ Considers Action Against Dragonfly Over Tornado Cash Investment

Hidden Road, a brokerage firm focused on crypto and traditional assets, is reportedly in acquisition talks with a cryptocurrency company, advised by investment bank FT Partners. The outcome of the discussions is uncertain, and Hidden Road has not provided comments. The firm has raised around $50 million in the past year, with investors like Dragonfly Capital, and is exploring options for a sale or further fundraising, potentially valuing the company at over $1 billion.

Hidden Road Engages in Acquisition Talks with Crypto Firm

Dragon(MT1.SG)