This report is from this week’s CNBC’s UK Exchange newsletter. Each Wednesday, Ian King brings you expert insights on the most important business stories from the U.K. and other key developments you won’t want to miss. Like what you see? You can subscribe here. The dispatch Episodes in which the mighty…
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Labubu-maker Pop Mart’s shares rise after it posts 400% profit surge
Visitors visit the “the monsters Convenience Store” themed exhibition created by POP MART with IP LABUBU as the selling point, Shanghai, China, July 23, 2025. Cfoto | Future Publishing | Getty Images Shares in Chinese toymaker Pop Mart reversed course to rise Wednesday, a day after the company posted a…
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China LPR, Japan trade data
Dukai Photographer | Moment | Getty Images Asia-Pacific markets closed mostly lower Wednesday, tracking Wall Street declines overnight, as investors parsed Japan’s trade data and China’s loan prime rate decision. Japan’s exports dropped 2.6% year over year in July, notching their steepest drop in over four years. The fall was sharper…
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Trump tariffs are helping India-China ties but aren’t resetting them
Chinese Foreign Minister Wang Yi wrapped up his two-day trip to India on Tuesday — the latest sign of warming ties between Beijing and New Delhi. During his visit, Wang said India and China should “view each other as partners and opportunities rather than adversaries or threats,” according to a…
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Epic touts new AI tools
Visitors attend UGM 2025. Courtesy of Epic Space travelers, robots and, of course, artificial intelligence. They were all on display on Tuesday at Epic Systems’ annual Users Group Meeting, held at the health software giant’s 1,670-acre campus in Verona, Wisconsin. Judy Faulkner, Epic’s 82-year-old CEO, dressed for the occasion in…
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Lowe’s (LOW) Q2 2025 earnings
An exterior view of a Lowe’s home improvement store in Selinsgrove. Paul Weaver | Lightrocket | Getty Images Lowe’s beat Wall Street’s earning expectations on Wednesday as demand for home projects picked up during the quarter. The retailer also announced its latest effort to attract more business from home professionals.…
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JPMorgan upgrades this online lender thanks to ‘favorable’ macroenvironment
An improved macroeconomic outlook could boost Upstart Holdings shares, JPMorgan said on Wednesday. The firm upgraded the online lender to overweight from neutral but cut its price target on the name to $88 from $93. That updated target still implies nearly 43% upside from Tuesday’s close. “We lean positive on…
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Target (TGT) Q2 2025 earnings
In an aerial view, a Target store is seen on August 11, 2025 in Austin, Texas. Brandon Bell | Getty Images Target beat Wall Street’s earnings and sales expectations and reaffirmed its outlook on Wednesday, even as the discounter’s sales and traffic across its stores and website declined. Yet the…
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Stock market today: Live updates
Traders work at the New York Stock Exchange on August 19, 2025. NYSE S&P 500 futures slipped early Wednesday as investors weighed a mixed batch of retail earnings and looked ahead to the Federal Reserve’s latest meeting minutes release. Futures tied to the benchmark shed 0.2%, along with Nasdaq-100 futures.…