Wrap Asia

Summit's lung cancer drug flops, shares crash 70%! OS HR=0.78, P=0.0332, but regional data raises red flags.

Robinhood surges 13.5% on high volume; NVIDIA up 2.7%. Traders eye tech gains amid mixed market.

Lumber futures drop $13 on Sep contract, Nov down $10.50. Volume light, traders eye trend.

Sugar futures see mixed action; Oct '25 contract dips to 15.47, while Mar '26 holds 16.05. Volume down.

MGM, ALGN, CRBG face risks despite high targets. MGM's debt, ALGN's shipments, CRBG's premiums are concerns. P/E ratios noted.

Gold hits $3,600 on Fed rate cut bets! Goldman sees $4k+ if buyers ramp up. Is it overbought or just starting?

KBH sales tank 10.4%, EPS down 7.5% vs. MO's 54.6% margin & 43.3% FCF margin. SIGI sales down 4%.