GDS Holdings Ltd reported Q1 fiscal 2024 net revenue increase of 9.1%, missing consensus. Loss per ADS of $0.27 beat consensus. Adjusted EBITDA rose 4.7%.
Japan's Nikkei 225 declined 0.86% ending the session at 38,618.00.. Crude Oil WTI traded lower by 0.69% at $78.11/bbl, and Brent was down 0.62% at $82.36 bbl.
MMV entered into a non-binding term sheet to acquire 100% of Bowong AI, using Class A shares. Bowong AI specializes in AI solutions for e-commerce and recently raised funds for expansion.
World shares, gold, and Copper began the week near record highs, driven by investor optimism from slower inflation, economic growth, and China's property crisis efforts.