NewsHKSubscribe
Earnings

Gilead Sciences posts $7.8 billion quarter as acquisition costs swamp reported earnings

The biopharma sector's current acquisition wave carries a familiar cost structure: strong commercial books funding heavy upfront charges that distort the income statement for quarters at a time. Gilead Sciences (NASDAQ: GILD)…

By Gordon Ashwell · 2 min read

The Front Page
EARNINGSGilead Sciences posts $7.8 billion quarter as acquisition costs swamp reported earningsAugust 23, 2026/DEALSHoogland Restaurant Group expands to 120 Marco's Pizza locations amid QSR sector headwindsAugust 23, 2026/CVXEquinor enters Namibia's Orange Basin with 17.4% stake in PEL 90August 23, 2026/MACROAlibaba Group prices 710 million shares at HK$112.70 as Michael Burry criticizes AI-driven profit declineAugust 23, 2026/PLTRWall Street lifts Palantir targets as sovereign AI demand and record quarterly results combineAugust 23, 2026/CRYPTOEverything whitepaper argues single liquidity reserve can unify DeFiAugust 23, 2026/$OPStefanski inherits a Falcons rebuild with the win total priced at 7.5 and the quarterback question still openAugust 23, 2026/GOOGLMarvell Technology Offers Google $12.2 Billion Stake Option in Custom AI Chip DealAugust 23, 2026/EARNINGSGilead Sciences posts $7.8 billion quarter as acquisition costs swamp reported earningsAugust 23, 2026/DEALSHoogland Restaurant Group expands to 120 Marco's Pizza locations amid QSR sector headwindsAugust 23, 2026/CVXEquinor enters Namibia's Orange Basin with 17.4% stake in PEL 90August 23, 2026/MACROAlibaba Group prices 710 million shares at HK$112.70 as Michael Burry criticizes AI-driven profit declineAugust 23, 2026/PLTRWall Street lifts Palantir targets as sovereign AI demand and record quarterly results combineAugust 23, 2026/CRYPTOEverything whitepaper argues single liquidity reserve can unify DeFiAugust 23, 2026/$OPStefanski inherits a Falcons rebuild with the win total priced at 7.5 and the quarterback question still openAugust 23, 2026/GOOGLMarvell Technology Offers Google $12.2 Billion Stake Option in Custom AI Chip DealAugust 23, 2026/
Top of the Fold

Today's Edition

Deals

Hoogland Restaurant Group expands to 120 Marco's Pizza locations amid QSR sector headwinds

Against economic headwinds that characterize the current quick-service restaurant environment, expansion signals at the franchise level carry weight. Hoogland Restaurant Group, Marco's Pizza's biggest franchisee, has acquired…

By Gordon Ashwell · 2 min

Read the story
Deals

Equinor enters Namibia's Orange Basin with 17.4% stake in PEL 90

The Orange Basin off the coast of Namibia has been drawing intensifying cross-border attention following several major discoveries in the region, and that pull is now reaching Norway. Equinor has agreed to acquire a 17.4%…

By Selene Vasquez · 2 min

Read the story
Macro

Alibaba Group prices 710 million shares at HK$112.70 as Michael Burry criticizes AI-driven profit decline

Hong Kong's equity capital market is absorbing a major share offering as the sector-wide cost of artificial intelligence spending comes under direct criticism from a prominent investor. Ali

By Gordon Ashwell · 2 min

Read the story
News Desk

Latest from the Desk

Deals

Wall Street lifts Palantir targets as sovereign AI demand and record quarterly results combine

Demand for enterprise AI application layers is accelerating sector-wide, and the companies that can turn raw model outputs into operational decisions are separating from the field. Palantir Technologies (NASDAQ: PLTR) reported…

August 23, 2026 · 2 min

Crypto加密

Everything whitepaper argues single liquidity reserve can unify DeFi

DeFi's liquidity pool architecture has long separated trading from lending, routing capital through discrete venues and charging for every crossing. Against that backdrop, Everything, a Montreux-based protocol, released a…

August 23, 2026 · 2 min

Deals

Stefanski inherits a Falcons rebuild with the win total priced at 7.5 and the quarterback question still open

NFL franchise cycles reset at the coaching level first. The Atlanta Falcons ($OP), coming off an 8-9 season and a missed postseason in a tight three-way NFC South split, formally handed the quarterback keys to Michael Penix Jr.…

August 23, 2026 · 2 min

Deals

Marvell Technology Offers Google $12.2 Billion Stake Option in Custom AI Chip Deal

August 23, 2026 · 2 min

Earnings

Men's growing stake in the aesthetics market signals a shift in the longevity demand cycle

August 23, 2026 · 2 min

Crypto加密

XRP gains 47% in seven days as Treasury buyback expansion and Clarity Act optimism combine

August 23, 2026 · 2 min

Latest Dispatches

最新報道
Why NewsHK

A standard of reporting the region keeps coming back to.

Clear over clever

Clear over clever

文字清晰

Plain language and the numbers in context, so a story can be read once and understood.

Independent of the room

Independent of the room

獨立持平

No proprietor, no party, no platform sets our agenda. Our only obligation is to the reader who needs the call right.

Context with the number

Context with the number

來龍去脈

A figure without its history misleads. We put the number next to the forces that produced it.

The Harbour Briefing · 訂閱

The morning read for people who move the region.

One disciplined email at dawn, Hong Kong time. The three stories that matter, the numbers behind them, and the context no wire will give you.

Subscribe FreeMeet the Newsroom