China May retail sales grow at fastest pace since December 2023; industrial output misses expectations

Key Points

Retail sales jumped 6.4% from a year earlier in May, sharply beating analysts’ estimates for a 5% growth in a Reuters poll and accelerating from the 5.1% growth in the previous month.
Growth in industrial output slowed to 5.8% year-on-year in May, slightly weaker than analysts’ expectations for a 5.9% rise.
The urban survey-based unemployment rate in May came in at 5.0%, the lowest level since November last year.

Source

Finance

Stocks making the biggest moves after hours: Cisco Systems, McDonald’s, AppLovin and more

February 11, 2026

Check out the companies making headlines after hours. Cisco Systems — The maker of networking hardware such as switches and routers dropped about 7% after posting non-GAAP gross margin of 67.5%, a little below the 68.1% estimate, according to LSEG. Otherwise, Cisco posted second-quarter results that exceeded estimates on the top and bottom lines. The […]

Finance

David Einhorn says the Fed will cut ‘substantially more’ than two times. So he’s betting big on gold

February 11, 2026

Key Points David Einhorn of Greenlight Capital anticipates the Federal Reserve will cut more than twice in 2026, which is what traders have priced in. Einhorn owns gold and Secured Overnight Financing Rate, or SOFR, futures. Gold has seen massive gains in recent years, though it faced some pressure last month following President Donald Trump’s […]

Finance

Stocks making the biggest moves midday: Acadia Healthcare, Vertiv, Moderna, Unity Software, Generac & more

February 11, 2026

Check out the companies making headlines in midday trading: Acadia Healthcare — The health-care stock popped 10% after investor David Einhorn told CNBC that he has been buying the stock. The Greenlight Capital fund manager said he’s hopeful the company’s new management will be able to improve its performance. Vertiv — The provider of data […]