Ousted South Korean president Yoon Suk-yeol on Friday remained defiant in his first reaction to a life sentence for rebellion handed down by a Seoul court the previous day. In a statement released by his lawyers, Yoon maintained that his abrupt and short-lived declaration of martial law in December 2024 was done “solely for the sake of the nation and our people”, and dismissed the Seoul Central Di...
Ousted South Korean president Yoon Suk-yeol on Friday remained defiant in his first reaction to a life sentence for rebellion handed down by a Seoul court the previous day. In a statement released by his lawyers, Yoon maintained that his abrupt and short-lived declaration of martial law in December 2024 was done “solely for the sake of the nation and our people”, and dismissed the Seoul Central District Court as biased against him. Yoon, who was removed from office amid a political crisis set...
Jane Foley, head of FX strategy at Rabobank, speaks on Bloomberg Television about the dollar which is poised to notch its best week in four months as traders pare back expectations for Federal Reserve interest-rate cuts while geopolitical risks boost the currency’s haven appeal. (Source: Bloomberg)
Jane Foley, head of FX strategy at Rabobank, speaks on Bloomberg Television about the dollar which is poised to notch its best week in four months as traders pare back expectations for Federal Reserve interest-rate cuts while geopolitical risks boost the currency’s haven appeal. (Source: Bloomberg)
Advanced Micro Devices, Inc. (NASDAQ:AMD) ranks among billionaire David Tepper’s 10 favorite stocks. On February 4, Benchmark reaffirmed its Buy rating and $325 price target for Advanced Micro Devices, Inc. (NASDAQ:AMD), citing the company’s growing prominence in the AI industry. Analyst Cody Acree was optimistic about AMD’s “strong record results” and “attractive outlook,” citing the […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) ranks among billionaire David Tepper’s 10 favorite stocks. On February 4, Benchmark reaffirmed its Buy rating and $325 price target for Advanced Micro Devices, Inc. (NASDAQ:AMD), citing the company’s growing prominence in the AI industry. Analyst Cody Acree was optimistic about AMD’s “strong record results” and “attractive outlook,” citing the […]
JD.com, Inc. (NASDAQ:JD) ranks among billionaire David Tepper’s 10 favorite stocks. On January 26, BofA Securities lowered its price target for JD.com, Inc. (NASDAQ:JD) to $36 from $38, but maintained a Buy rating on the e-commerce giant. The revision came as BofA analyst Joyce Ju issued projections for JD.com’s fourth-quarter 2025 earnings report, with total […]
JD.com, Inc. (NASDAQ:JD) ranks among billionaire David Tepper’s 10 favorite stocks. On January 26, BofA Securities lowered its price target for JD.com, Inc. (NASDAQ:JD) to $36 from $38, but maintained a Buy rating on the e-commerce giant. The revision came as BofA analyst Joyce Ju issued projections for JD.com’s fourth-quarter 2025 earnings report, with total […]
Microsoft Corporation (NASDAQ:MSFT) ranks among billionaire David Tepper’s 10 favorite stocks. Microsoft Corporation (NASDAQ:MSFT) reported its fiscal Q2 2026 earnings on January 28, with total revenue up 17%, driven by strong demand for its cloud services and AI programs. On an adjusted basis, profitability also exceeded expectations, with adjusted EPS of $4.14 versus the projected […]
Microsoft Corporation (NASDAQ:MSFT) ranks among billionaire David Tepper’s 10 favorite stocks. Microsoft Corporation (NASDAQ:MSFT) reported its fiscal Q2 2026 earnings on January 28, with total revenue up 17%, driven by strong demand for its cloud services and AI programs. On an adjusted basis, profitability also exceeded expectations, with adjusted EPS of $4.14 versus the projected […]
Meta Platforms, Inc. (NASDAQ:META) ranks among billionaire David Tepper’s 10 favorite stocks. On February 3, Meta Platforms, Inc. (NASDAQ:META) reported strong financial results for the fourth quarter of 2025, with earnings per share of $8.88 exceeding the projected $8.19. Meanwhile, revenue came in at $59.9 billion, exceeding the expected $58.35 billion. Record Christmas traffic and […]
Meta Platforms, Inc. (NASDAQ:META) ranks among billionaire David Tepper’s 10 favorite stocks. On February 3, Meta Platforms, Inc. (NASDAQ:META) reported strong financial results for the fourth quarter of 2025, with earnings per share of $8.88 exceeding the projected $8.19. Meanwhile, revenue came in at $59.9 billion, exceeding the expected $58.35 billion. Record Christmas traffic and […]
Alphabet Inc. (NASDAQ:GOOGL) ranks among billionaire David Tepper’s 10 favorite stocks. Following the company’s solid fourth-quarter results, Canaccord Genuity raised its price target on Alphabet Inc. (NASDAQ:GOOGL) to $415 from $390 on February 5, maintaining a Buy rating on the shares. The tech giant announced total revenue that was about 2% higher than expected, owing […]
Alphabet Inc. (NASDAQ:GOOGL) ranks among billionaire David Tepper’s 10 favorite stocks. Following the company’s solid fourth-quarter results, Canaccord Genuity raised its price target on Alphabet Inc. (NASDAQ:GOOGL) to $415 from $390 on February 5, maintaining a Buy rating on the shares. The tech giant announced total revenue that was about 2% higher than expected, owing […]
Amazon.com, Inc. (NASDAQ:AMZN) ranks among billionaire David Tepper’s 10 favorite stocks. Benchmark reduced its price target for Amazon.com, Inc. (NASDAQ:AMZN) to $275 from $295 on February 6, but maintained a Buy rating on the tech giant. The drop follows Amazon’s recent earnings report, which included plans to invest $200 billion in capital expenditure this year, […]
Amazon.com, Inc. (NASDAQ:AMZN) ranks among billionaire David Tepper’s 10 favorite stocks. Benchmark reduced its price target for Amazon.com, Inc. (NASDAQ:AMZN) to $275 from $295 on February 6, but maintained a Buy rating on the tech giant. The drop follows Amazon’s recent earnings report, which included plans to invest $200 billion in capital expenditure this year, […]
Roku, Inc. (NASDAQ:ROKU) ranks among billionaire Stanley Druckenmiller’s 10 best stock picks. On February 13, Evercore ISI boosted Roku, Inc. (NASDAQ:ROKU)’s price target to $150 from $145 while keeping an Outperform rating following the company’s fourth-quarter results announcement. The streaming company posted what Evercore deemed a “clean beat and raise” quarter, with quarterly revenue and […]
Roku, Inc. (NASDAQ:ROKU) ranks among billionaire Stanley Druckenmiller’s 10 best stock picks. On February 13, Evercore ISI boosted Roku, Inc. (NASDAQ:ROKU)’s price target to $150 from $145 while keeping an Outperform rating following the company’s fourth-quarter results announcement. The streaming company posted what Evercore deemed a “clean beat and raise” quarter, with quarterly revenue and […]
Monty Rakusen/DigitalVision via Getty Images London-listed miner Anglo American ( AAUKF ) ( NGLOY ) reported a $2.3 billion pre-tax impairment on its De Beers Group in its 2025 results on Friday, reflecting ongoing challenges in the diamond market. Weak demand from China and competition from lab-grown diamonds contributed to a total net loss of $3.7 billion for the group, the company said in a sta...
Monty Rakusen/DigitalVision via Getty Images London-listed miner Anglo American ( AAUKF ) ( NGLOY ) reported a $2.3 billion pre-tax impairment on its De Beers Group in its 2025 results on Friday, reflecting ongoing challenges in the diamond market. Weak demand from China and competition from lab-grown diamonds contributed to a total net loss of $3.7 billion for the group, the company said in a statement . De Beers in a separate statement said rough diamond trading conditions remained challenging throughout 2025 amid persistent industry, geopolitical, and tariff uncertainty. "While demand for larger, higher-quality diamonds strengthened through the year, demand for smaller and lower-quality diamonds experienced pressure in light of the growing supply from other producers." The company also noted that polished wholesale diamond prices showed early signs of stabilization in 2026, but sentiment declined sharply after the U.S. imposed tariffs on Indian exports. India continues to be the primary cutting center for natural diamonds, while the U.S. remains the largest market for diamond jewelry, it said . Anglo, which last year discontinued nickel and steelmaking coal assets that it is seeking to sell, aims to focus on copper and iron ore assets. It demerged its platinum business in May and said it is moving forward with plans to sell De Beers. The miner has reviewed the value of De Beers after the diamonds unit recorded a third consecutive annual drop in production last year. More on Anglo American plc Anglo American: Copper Re-Rating Thesis Gathers Momentum Mountain Province, De Beers pause Gahcho Kué mine expansion De Beers likely to be sold to public-private consortium, Anglo American CEO tells FT Seeking Alpha’s Quant Rating on Anglo American plc Historical earnings data for Anglo American plc
(RTTNews) - Asian markets ended mostly lower on Friday, though South Korean equity benchmark rose to a record amid expectations that upcoming investor-friendly measures will boost shareholder returns and lift market valuations.
(RTTNews) - Asian markets ended mostly lower on Friday, though South Korean equity benchmark rose to a record amid expectations that upcoming investor-friendly measures will boost shareholder returns and lift market valuations.
Umicore press release ( UMICF ): FY Non-GAAP EPS of €1.20. Revenue of €3.56B (+2.9% Y/Y). Adjusted EBITDA of € 847 million and Adjusted EBITDA margin of 24.0%. ROCE of 15.7%. Total recordable injury rate for own employees of 4.5 per 1 million exposure hours. Cash flow from operations of € 849 million and Free Operating Cash Flow of € 524 million. Net Debt at € 1.4 billion, corresponding to a Net D...
Umicore press release ( UMICF ): FY Non-GAAP EPS of €1.20. Revenue of €3.56B (+2.9% Y/Y). Adjusted EBITDA of € 847 million and Adjusted EBITDA margin of 24.0%. ROCE of 15.7%. Total recordable injury rate for own employees of 4.5 per 1 million exposure hours. Cash flow from operations of € 849 million and Free Operating Cash Flow of € 524 million. Net Debt at € 1.4 billion, corresponding to a Net Debt/LTM Adj EBITDA ratio of 1.60x. Proposed gross annual dividend for 2025 of € 0.50 per share, to be paid out in May 2026. More on Umicore SA Seeking Alpha’s Quant Rating on Umicore SA Historical earnings data for Umicore SA Financial information for Umicore SA
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)