While Apple negotiates Indonesia sales ban, another Chinese smartphone maker is entering the country

Key Points

Huawei spinoff Honor announced Tuesday it is entering Indonesia and plans to launch its smartphones there by the end of March.
The populous Southeast Asian country has banned Apple’s iPhone 16 over domestic production requirements.
As of November, Oppo, Xiaomi and Transsion — all China-based — held the top three spots in Indonesia by smartphone shipments, according to Canalys.

Source

Finance

Ken Griffin’s flagship hedge fund at Citadel rises 10.2% in volatile 2025

January 2, 2026

Key Points Citadel’s flagship multistrategy Wellington fund, its largest, gained 10.2% in 2025, according to a person familiar with the firm’s returns. The firm’s tactical trading fund, which combines equities with quantitative strategies, advanced 18.6% in 2025, the person said. Source

Finance

Stocks making the biggest moves midday: Vertiv, Baidu, Warby Parker, RH & more

January 2, 2026

Check out the companies making the biggest moves midday: Vertiv — Shares popped 8% after Barclays upgraded the data center infrastructure provider to an overweight rating from equal weight. The bank said recent volatility has created an attractive entry point, and believes that upside potential to earnings estimates will drive further outperformance. Sable Offshore — […]

Finance

Meet the 2026 stock market. It’s the same AI-reliant market of 2025

January 2, 2026

Key Points The first trading day of 2026 kicked off Friday, with tech leading the way as it had last year. The Magnificent Seven stocks are all higher, with Nvidia and Alphabet advancing more than 1%, each. Semiconductors are rising as a group, with Broadcom gaining more than 1.5%. “The winners, in our view, are […]