Wrap Asia

SNDK reporting tonight. Will the beast continue or correct?

IONQ's revenue soars 429% on quantum tech wins; potential for huge returns, but risk remains.

BioticsAI's AI ultrasound tool gains FDA nod, de-risking its path to market. Early $100k build shows capital efficiency.

GM's connected services show 70% subscriber growth & $5.8B deferred revenue, boosting margins & valuation.

BYD's 17x P/E & 23% net income CAGR vs. QS's 42x 2028 sales valuation. EV growth is cooling but expected to rebound.

Kimco's FFO jumps 4.5% on strong leasing spreads (23.8%) & rising NOI. Valuations show a discount vs. private markets.

GOOG surges 8% on strong cloud growth; MSFT, AMZN, META dip despite earnings beats. AI capex pressures FCF.