Updated Aug 6, 2026
/Nvidia weighs significant steps to address high-bandwidth memory chip shortage/Alpha Pro Tech (APT) Q2 2026 net income climbs 47% as protective apparel demand accelerates/HSBC quarterly profit reaches $10.1bn on Hong Kong wealth and insurance gains/Merck raises revenue outlook, cuts profit guidance on Terns Pharmaceuticals deal charge/Kevin Warsh holds firm on lean Fed messaging as markets push back/Vir Biotechnology targets fourth-quarter 2026 for ECLIPSE 1 clinical trial readout/Nvidia weighs significant steps to address high-bandwidth memory chip shortage/Alpha Pro Tech (APT) Q2 2026 net income climbs 47% as protective apparel demand accelerates/HSBC quarterly profit reaches $10.1bn on Hong Kong wealth and insurance gains/Merck raises revenue outlook, cuts profit guidance on Terns Pharmaceuticals deal charge/Kevin Warsh holds firm on lean Fed messaging as markets push back/Vir Biotechnology targets fourth-quarter 2026 for ECLIPSE 1 clinical trial readout

China's Feeling Economy: Wage-Squeezed Youth Spend Billions on Sad Toy Elves and Robot Cops

Young Chinese consumers, squeezed by stagnant wages, are channeling billions into purchases centered on buying "feelings" — a spending category that has produced two unlikely demand drivers: a sad toy elf and a robot that doubles as a…

By Marcus Cole2 min read
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