September 26, 2026

Global Deep Dives

SMIC Stock 2026: Revenue Jumps 36% as AI Demand Tightens Capacity — Is China’s Chip Champion Worth 63x Earnings?

SMIC Q2 revenue rose 36% to $3.01B, gross margin improved to 25.3% and utilization reached 93.7%. But at roughly 63x earnings, is China’s top foundry already too expensive?

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Trip.com Stock Before Q2 Earnings: Down 49%, Hit by a $763 Million Antitrust Penalty — Is TCOM Finally Cheap?

Trip.com stock has fallen almost 49% in a year after a major antitrust penalty. With Q2 earnings due September 15 and international bookings still growing fast, is TCOM now undervalued?

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Li Auto Stock at $11.65: Vehicle Margin Collapses to 9.4% — Is China’s Former EV Profit Machine Broken?

Li Auto shares have fallen near $11.65 as Q2 vehicle margin dropped to 9.4% and revenue fell 15%. But the company still holds nearly $13B in liquidity and guides for.

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XPeng Stock Down 48% in 2026: 20.7% Gross Margin, Robotaxis and a $6.3 Billion Robotics Wild Card

XPeng stock is down nearly 48% YTD even as Q2 gross margin reached 20.7%, overseas sales expanded and its robotics unit raised capital at a $6.3B valuation. Is XPEV mispriced?

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PDD Stock at $78: $67 Billion Cash, 8% Revenue Growth and the Temu Risk Wall Street Can’t Price

PDD Holdings trades near $78 with $67.3 billion in cash and short-term investments, 8% Q2 revenue growth and a €200 million EU fine hanging over Temu. Is PDD stock too.

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Tencent Stock at HK$426: Gaming Growth, AI Monetization and Why China’s Internet Giant Looks Cheap Again

Tencent’s Q2 revenue rose 11%, domestic gaming jumped 17%, marketing services grew 22% and AI demand accelerated cloud growth. Is Tencent stock cheap near HK$426?

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Xiaomi Stock 2026: EV Deliveries Jump 28% While Smartphone Shipments Fall 27% — Is the Ecosystem Thesis Still Working?

Xiaomi’s Q2 2026 results split in two: EV deliveries rose 28.2%, while smartphone shipments fell 26.5% and adjusted profit dropped 42.6%. We analyze what that means for Xiaomi stock.

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JD.com Stock at $27: Retail Margins, Food Delivery Losses and the Hidden Value of China’s Logistics Machine

JD.com’s Q2 revenue slipped, but operating profit recovered, JD Retail margins held near 4.6% and food-delivery losses narrowed. Is JD stock too cheap around $27?

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Baidu Stock After the AI Pivot: 283% GPU Cloud Growth, Robotaxis and the $31 Billion Valuation Question

Baidu’s legacy search business is shrinking while AI Cloud, GPU infrastructure and Apollo Go expand rapidly. Is BIDU becoming an AI company fast enough to justify a rerating?

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Corning Stock Jumps on Verizon’s Multi-Billion Fiber Deal: Is GLW Becoming the Backbone of the AI Economy?

Corning and Verizon signed a multi-billion-dollar agreement for more than 80 million miles of high-density fiber through 2032. With Amazon, Meta and Nvidia already in the customer mix, Corning is.

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