China orders reversal of Meta’s $2 billion Manus deal China has blocked Meta Platforms Inc.’s acquisition of Singapore-based AI-agent startup Manus, ordering the parties to unwind the deal after a foreign investment review. The deal, which Meta completed in late December and which Caixin learned was valued at around $2 billion, first drew official regulatory attention earlier this year. On Jan. 8,...
China orders reversal of Meta’s $2 billion Manus deal China has blocked Meta Platforms Inc.’s acquisition of Singapore-based AI-agent startup Manus, ordering the parties to unwind the deal after a foreign investment review. The deal, which Meta completed in late December and which Caixin learned was valued at around $2 billion, first drew official regulatory attention earlier this year. On Jan. 8, China’s commerce ministry spokesperson He Yadong said the ministry and other government departments would evaluate the acquisition’s compliance with laws regarding export controls, technology transfers and outbound investment. The Office of the Security Review Working Mechanism for Foreign Investment, under the National Development and Reform Commission, said on Monday that it had issued a “prohibition decision after conducting a review in accordance with relevant laws and regulations.” The move represents a typical case of extraterritorial jurisdiction, as both parties to the transaction are overseas entities, said Jason Jia, a senior counsel at Zhong Lun Law Firm. The decision serves more as a deterrent, signaling to the market that similar transactions are unlikely to receive approval going forward, he told Caixin.
Taiwan Semiconductor is advancing its capacity expansion at 'double speed'! Five of its 2nm factories will enter the ramp-up phase, setting a record high for the company. 富途牛牛
Taiwan Semiconductor is advancing its capacity expansion at 'double speed'! Five of its 2nm factories will enter the ramp-up phase, setting a record high for the company. 富途牛牛
JovanaMilanko/iStock via Getty Images Kraken Robotics Inc. ( KRKNF ) ( PNG:CA ) sits at quite an interesting intersection currently, and so I thought I would initiate coverage on the stock today. As you can see in the chart below, there have been monstrous gains of 230% in the past 52 weeks. Firstly, there is no question that physical AI will become increasingly important in the world moving forwa...
JovanaMilanko/iStock via Getty Images Kraken Robotics Inc. ( KRKNF ) ( PNG:CA ) sits at quite an interesting intersection currently, and so I thought I would initiate coverage on the stock today. As you can see in the chart below, there have been monstrous gains of 230% in the past 52 weeks. Firstly, there is no question that physical AI will become increasingly important in the world moving forward, and so the company's development of robotics sets them up for tailwinds. Secondly, the Iran war and the mines placed in the Strait of Hormuz show the need for countries to set aside a significant budget for underwater defense systems. Kraken Robotics sits right at this intersection of industries, and so they could be in for a good deal of tailwinds in the coming years. Today, we'll take a look at their most recent results reported just earlier this month and see whether current levels in the stock are attractive or not. Seeking Alpha In the below analysis, it is shown that the opportunity is growing for the company as defense spending is set to increase over the next decade. There are also commercial opportunities like offshore energy, and the company's 2026 outlook shows that tailwinds are starting to kick in. Furthermore, I believe their Covelya acquisition is likely to become accretive over time as it helps to expand their product portfolio and customer base. While Kraken Robotics can expect to face stiff competition from large defense contractors over the coming years, I would say that the large pullback in the forward P/S ratio has created an opportunity for investors. Thus, I've decided to initiate the stock at a buy rating. TAM Seems Broad & Large Kraken April Presentation Before we get into their Q4 numbers and more, let's take a brief look at the opportunity at hand. As you can see in the above infographic , their TAM seems both broad and sizeable. With their extensive list of technical capabilities, Kraken Robotics is tapping both the defense and commercial ma...
OpenAI is reportedly exploring a push into AI-focused smartphones, working with Qualcomm (QCOM) and MediaTek to develop custom processors for a new type of “AI agent” device. For Qualcomm, this introduces a new layer to the story at a time when the core handset business is under pressure. If the ...
OpenAI is reportedly exploring a push into AI-focused smartphones, working with Qualcomm (QCOM) and MediaTek to develop custom processors for a new type of “AI agent” device. For Qualcomm, this introduces a new layer to the story at a time when the core handset business is under pressure. If the ...
The average one-year price target for StoneX Group (NasdaqGS:SNEX) has been revised to $109.14 / share. This is an increase of 16.30% from the prior estimate of $93.84 dated April 12, 2026. The price target is an average of many targets provided by analysts. T
The average one-year price target for StoneX Group (NasdaqGS:SNEX) has been revised to $109.14 / share. This is an increase of 16.30% from the prior estimate of $93.84 dated April 12, 2026. The price target is an average of many targets provided by analysts. T
Bank of America Securities: NVIDIA (NVDA.US) is expected to expand its shareholder base as it enhances return on investment, with a target price of $300. 富途牛牛
Bank of America Securities: NVIDIA (NVDA.US) is expected to expand its shareholder base as it enhances return on investment, with a target price of $300. 富途牛牛
Editor's note: Seeking Alpha is proud to welcome Langdon Equity Partners as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Getty Images Dear Partners, The Canadian Smaller Companies Fund declined 1.5% in the firs...
Editor's note: Seeking Alpha is proud to welcome Langdon Equity Partners as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Getty Images Dear Partners, The Canadian Smaller Companies Fund declined 1.5% in the first quarter of 2026, compared to a 7.3% increase for the benchmark. Langdon Canadian Smaller Companies Portfolio Net Performance ¹ (CAD, Class F) Q1 2026 1 Year 3 Year Since inception ² Langdon Canadian Smaller Companies Portfolio ³ -1.5% 27.1% 13.3% 13.7% MSCI World Small Cap Net Index 7.4% 52.2% 25.5% 22.7% Click to enlarge Net Calendar Year Performance(CAD, Class F) ¹ 2025 2024 2023 2022 ² Langdon Canadian Smaller Companies Portfolio ³ 19.7% 13.1% 15.8% 2.6% MSCI World Small Cap Net Index 42.5% 24.3% 10.4% -0.7% Click to enlarge Over the past several quarters, we have discussed how the Canadian market has been driven largely by gold-related equities, with that narrative continuing to influence returns. We have also outlined why the core tenets of Langdon's approach lead us away from businesses where revenues are primarily dependent on inputs outside of management's control. What we have not emphasized and what is worth highlighting is the common thread between what gold investors seek and what we seek at Langdon: scarcity. For gold investors, scarcity is straightforward. It is rooted in the finite supply of the underlying asset. At Langdon, we think about scarcity differently. We look for businesses where scarcity is reflected in a combination of characteristics that are difficult to replicate: Resilient and compounding free cash flow Strong balance sheets Talented and aligned management teams Attractive valuations relative to intrinsic value Individually, these attributes are not rare. In combination, they are. In our view, it is this combination that allows businesses to...