Reported 4 months ago
Source: WSJ
Reported 4 months ago
Source: WSJ
Reported 4 months ago
Danone has announced the acquisition of a majority stake in Kate Farms, a U.S. company specializing in plant-based organic drinks aimed at various nutritional needs. Founded in 2012, Kate Farms provides formulas for daily dietary use and medical feeding, particularly for individuals with health conditions. The deal aligns with Danone's strategy to enhance its specialized nutrition portfolio, and the financial terms of the acquisition remain undisclosed.
Source: YAHOO
Reported 4 months ago
Source: BARRONS
Reported 4 months ago
The recent U.S.-China trade talks in Geneva indicate some progress, with negotiators using positive language, yet no specific tariff levels were discussed. Market reactions showed relief, pushing stock futures higher, although investors remain skeptical about the agreement's substance. Key economic indicators, including U.S. CPI and retail sales, are anticipated in the coming days, with concerns about the impact of tariffs on consumer sentiment.
Source: YAHOO
Reported 4 months ago
Hedge funds, particularly those based in the U.S., have increased their investments in Chinese equities due to positive signals from ongoing U.S.-China trade talks, reports Morgan Stanley. The MSCI China Index and CSI 300 experienced gains last week, and U.S. officials displayed optimism following discussions in Geneva. Although investments in China remain below previous highs, some investors, attracted by low valuations and potential returns, see it as an appealing opportunity.
Source: YAHOO
Reported 4 months ago
SoftBank Group is predicted to face a quarterly net loss of 26.9 billion yen ($184.4 million) as losses in its Vision Fund deepen and early-stage tech investment wanes. Despite this, stronger yen performance and gains in its telecom holdings, like T-Mobile, may soften the blow. The company's total loss for portfolio firms is estimated at $900 million, magnified by market competition and funding dynamics, raising concerns over the potential payoff from recent AI investments.
Source: YAHOO
Reported 4 months ago
Traders have reportedly disguised over $1 billion worth of Venezuelan oil as Brazilian crude for shipments to China to avoid U.S. sanctions and lower logistics costs. Since mid-2024, this practice has grown, allowing tankers to directly sail from Venezuela to China, bypassing Malaysia. This shift not only saves time but also helps traders secure financing by altering documentation to present the oil as Brazilian. Despite sanctions, Venezuela remains a major supplier to China's independent refiners, with Chinese customs reporting significant imports labeled as Brazilian, despite Brazil's lack of bitumen blend exports.
Source: YAHOO
Reported 4 months ago
Source: WSJ
Reported 4 months ago
Source: WSJ
Reported 4 months ago
The US dollar gained against the Japanese yen in early Asian trading following positive weekend discussions between the US and China that alleviated fears of a trade war. A deal to reduce the US trade deficit was announced after talks in Geneva, while markets also looked ahead to forthcoming US economic data, including inflation figures and retail sales. Meanwhile, New Zealand's kiwi dollar and the Australian dollar saw slight increases as global tensions, including a ceasefire between India and Pakistan, began to ease.
Source: YAHOO
Reported 4 months ago
Oil prices steadied as traders awaited updates on US-China trade negotiations, which showed 'substantial progress' after two days of talks aimed at reducing tensions affecting crude demand. Brent crude was trading around $64 per barrel while West Texas Intermediate hovered near $61. Despite some recovery from last month's declines, analysts caution that without significant developments in geopolitical or macroeconomic conditions, further price increases may be limited.
Source: YAHOO
Reported 4 months ago
油价在周一的亚洲交易中上涨超过2美元，此前美国和中国表示将降低部分关税，提升了市场情绪。布伦特原油期货上涨3.3%至每桶64.14美元，而美国西德克萨斯中质原油期货上涨3.47%至每桶63.14美元。双方同意在90天内暂停24%的额外关税，可能有助于缓解贸易摩擦并提高原油需求。
Source: YAHOO
Reported 4 months ago
Wall Street futures and the dollar strengthened amid optimism over U.S.-China trade negotiations, suggesting an avoidance of global recession despite awaiting deal specifics. Geopolitical tensions eased with a ceasefire in India-Pakistan and a potential meeting between Ukraine and Russia leaders. U.S. Treasury officials reported 'substantial progress,' and although no concrete tariff changes were mentioned, markets responded positively with significant gains in stock futures and a firm dollar.
Source: YAHOO
Reported 4 months ago
Stock futures surged following US Treasury Secretary Scott Bessent's announcement of 'substantial progress' in trade talks with China, easing tensions from President Trump's recent tariffs. Dow futures rose 1.03%, S&P 500 futures increased 1.31%, and Nasdaq Composite futures climbed 1.71%. A trade framework is expected to be revealed soon, indicating hopeful prospects for a deal that may reduce tariffs while still maintaining some level of applied rates.
Source: YAHOO
Reported 4 months ago
Chinese battery manufacturer CATL is set to raise at least HK$31.01 billion (approximately $3.99 billion) in its Hong Kong IPO, making it the largest share sale in the city this year. The company will sell 117.9 million shares at up to HK$263 each, with potential adjustments that could increase total funds raised to about $5.3 billion. Institutional investors have already committed around $2.62 billion for shares, while retail investors have 8.8 million shares available for bidding. CATL's trading starts on May 20 amidst ongoing US-China trade disputes.
Source: YAHOO
Reported 4 months ago
Investors reacted positively to the conciliatory tone of US-China trade talks, leading to an increase in US stock futures. A 10% tariff reduction for 90 days was noted, although significant breakthroughs are not yet anticipated. While optimism exists regarding a potential trade deal, market participants remain cautious, concerned that expectations may exceed actual outcomes. The recent escalation of tariffs has stirred volatility, with experts advising to approach future investments with care as the situation develops.
Source: YAHOO
Reported 4 months ago
In a landscape where electric vehicles (EVs) made up 8.1% of U.S. sales in 2024, BorgWarner Inc. (NYSE:BWA) has emerged as a leading contender among small-cap EV stocks. With a market capitalization of $6.65 billion and solid performance metrics, including a revenue increase driven by a 47% rise in electric product sales, BorgWarner’s strategic pivots and strong management have led analysts, like JPMorgan, to boost their price target on the stock. Despite some market challenges, BWA ranks first on a curated list of small-cap EV stocks suggested for investment, indicating its robust position within the evolving automotive landscape.
Source: YAHOO
Reported 4 months ago
In a recent evaluation of small-cap EV stocks, SolarEdge Technologies (NASDAQ:SEDG) emerges as a strong contender due to its innovative energy solutions and strategic acquisitions in the EV charging market. Despite overall slower adoption rates for electric vehicles in the U.S., SolarEdge aims to capitalize on growth opportunities within the sector. The company has made significant investments, including the acquisition of Wevo Energy, enhancing its capabilities in optimizing EV charging systems. As of now, SEDG ranks third in a list of favorable small-cap EV stocks, although analysts suggest that certain AI stocks may offer better returns.
Source: YAHOO
Reported 4 months ago
EnerSys (NYSE:ENS) has been highlighted as one of the leading small-cap EV stocks in a recent analysis, ranking 4th among a selection of 12 small-cap EV stocks recommended for investment. With a market capitalization of $3.57 billion and support from 30 hedge funds, EnerSys specializes in energy storage solutions catering to various industries, including electric vehicles. The company recently secured a $199 million Department of Energy award to enhance its lithium-ion cell production capabilities, further solidifying its position in the growing EV market.
Source: YAHOO