KKR & Co. is planning a tender offer for Taiyo Holdings Co. in a transaction valuing the Japanese firm at about ¥500 billion ($3.2 billion). KKR intends to pay ¥4,750 per Taiyo share, it said in a statement late Tuesday. That represents a 117% premium to the sixth-month average unaffected closing price as of May 27, before reports including from Bloomberg News emerged about a bidding process. Taiy...
KKR & Co. is planning a tender offer for Taiyo Holdings Co. in a transaction valuing the Japanese firm at about ¥500 billion ($3.2 billion). KKR intends to pay ¥4,750 per Taiyo share, it said in a statement late Tuesday. That represents a 117% premium to the sixth-month average unaffected closing price as of May 27, before reports including from Bloomberg News emerged about a bidding process. Taiyo fell 5.7% to ¥4,700 in Tokyo on Wednesday, the lowest since Dec. 22. Taiyo’s board supports the tender offer, along with largest shareholder DIC Corp., asset manager Kowa Co. and funds managed by Hong Kong-based Oasis Management Co. , according to the statement. That represents about 42.2% of the company’s outstanding shares. The founding family plans to reinvest in the investment vehicle that will own Taiyo. Read More: M&A Tally Hits $1.3 Trillion as Unilever Joins Megadeals Parade People familiar with the matter said in February that the firms were in final discussions for a take-private at a price likely to be less than Taiyo’s ¥6,000 level at the time.
A little over a year ago, A Chinese quantitative hedge fund-turned-AI lab released an advanced AI model called DeepSeek . While there is some debate about exactly how cheaply and on what chips DeepSeek was trained, there is no doubt that DeepSeek implemented novel innovations that greatly boosted the efficiency of training an AI model with fewer and "less good" semiconductors. AI semiconductor and...
A little over a year ago, A Chinese quantitative hedge fund-turned-AI lab released an advanced AI model called DeepSeek . While there is some debate about exactly how cheaply and on what chips DeepSeek was trained, there is no doubt that DeepSeek implemented novel innovations that greatly boosted the efficiency of training an AI model with fewer and "less good" semiconductors. AI semiconductor and memory stocks sold off sharply on the news, based on the surface-level impression that AI companies wouldn't need to buy so many logic and memory chips. However, we all now know that these stocks subsequently rebounded, and then some, as greater model efficiency didn't impede chip demand. Rather, AI companies used the efficiency gains to invest in even more advanced models, increasing overall demand for computing power and memory. Last week, Alphabet 's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google Research released TurboQuant, a software-based AI memory compression technology that enables much more efficient inference with less memory. In response, major memory companies such as Micron (NASDAQ: MU) and its suppliers sold off sharply. Continue reading
Corrects to clarify attribution) BEIJING, April 1 (Rtrs) - Chinese GPU and AI chip makers captured nearly 41% of China's AI accelerator server market last year, eroding Nvidia's once-dominant position in one of its most important overseas markets, according to data from an IDC report reviewed by Reuters. The gains come as Beijing grows increasingly cautious about dependence on foreign chips, pu...
Corrects to clarify attribution) BEIJING, April 1 (Rtrs) - Chinese GPU and AI chip makers captured nearly 41% of China's AI accelerator server market last year, eroding Nvidia's once-dominant position in one of its most important overseas markets, according to data from an IDC report reviewed by Reuters. The gains come as Beijing grows increasingly cautious about dependence on foreign chips, pushing government agencies and companies to adopt domestic alternatives after successive waves of U.S. export controls cut China off from Nvidia's most advanced products.
Santacruz Silver Mining press release ( SCZM ): FY GAAP EPS of $0.47. Revenue of $326.82M (+15.5% Y/Y). Adjusted EBITDA of $104.6 million, a 99% increase year-over-year. Cash and Highly-Liquid Marketable Securities of $66.7 million, a 87% increase year-over-year 2 . Average Realized Price per Ounce of Silver Equivalent Sold of $39.00, a 36% increase year-over-year. AISC per Silver Equivalent Ounce...
Santacruz Silver Mining press release ( SCZM ): FY GAAP EPS of $0.47. Revenue of $326.82M (+15.5% Y/Y). Adjusted EBITDA of $104.6 million, a 99% increase year-over-year. Cash and Highly-Liquid Marketable Securities of $66.7 million, a 87% increase year-over-year 2 . Average Realized Price per Ounce of Silver Equivalent Sold of $39.00, a 36% increase year-over-year. AISC per Silver Equivalent Ounce Sold of $30.81, a 18% increase year-over-year. Realized Margin per Silver Equivalent Ounce Sold of $8.19, a 209% increase year-over-year. More on Santacruz Silver Mining Santacruz Silver: Growth Catalyst And Undervaluation Make It A Cautious Buy Santacruz Silver: Elite Grades And Undervalued Historical earnings data for Santacruz Silver Mining Financial information for Santacruz Silver Mining
Traders work on the floor of the New York Stock Exchange (NYSE) on March 31, 2026 in New York City. Spencer Platt | Getty Images S&P 500 futures were slightly higher on Wednesday morning after all three major indexes surged during the regular session on hopes that an end to the Iran war is in sight. Futures linked to the broad market index were last up 0.5%, and Nasdaq 100 futures gained around 0....
Traders work on the floor of the New York Stock Exchange (NYSE) on March 31, 2026 in New York City. Spencer Platt | Getty Images S&P 500 futures were slightly higher on Wednesday morning after all three major indexes surged during the regular session on hopes that an end to the Iran war is in sight. Futures linked to the broad market index were last up 0.5%, and Nasdaq 100 futures gained around 0.6%. Dow Jones Industrial Average futures gained 243 points, or 0.5%. Late Tuesday, President Donald Trump told reporters at the White House that he expects the U.S. military forces will leave Iran in "two or three weeks." In Tuesday's regular session, the blue-chip Dow added more than 1,100 points, or about 2.5%. The S&P 500 advanced 2.9%, while the Nasdaq Composite jumped 3.8%. It was the best daily performance since May for all three major averages. The moves came after an unconfirmed report said that Iranian President Masoud Pezeshkian was open to ending the war with guarantees. He made similar remarks earlier this month, saying in an X post that the "only way to end this war — ignited by the Zionist regime & [U.S.] — is recognizing Iran's legitimate rights, payment of reparations, and firm int'l guarantees against future aggression." Tensions appeared to thaw, with The Wall Street Journal reporting that Trump told aides he was willing to end the war even if the Strait of Hormuz remains largely closed for now. Later, the New York Post reported remarks from the president that he believes the Iran war will likely end soon and other nations will handle the strait. Not all investors are convinced that the rally has legs. Karen Finerman, co-founder and CEO of Metropolitan Capital Advisors, noted that oil prices remain elevated, perhaps hinting at lingering uncertainty. Brent crude futures for May delivery settled 4.94% higher at $118.35 per barrel on Tuesday, posting its highest close since June 16, 2022. "I'm sort of leaning towards the oil is telling the truth of the situat...
J Studios The Democratic faction on the House Financial Services Committee are questioning Wall Street’s largest private credit firms, including Blackstone ( BX ) and Ares Management ( ARES ), over how they market, value, and manage the asset class, Bloomberg reported, citing people familiar with the inquiries. Lawmakers have sent inquiries to several firms, focusing on the structure and operation...
J Studios The Democratic faction on the House Financial Services Committee are questioning Wall Street’s largest private credit firms, including Blackstone ( BX ) and Ares Management ( ARES ), over how they market, value, and manage the asset class, Bloomberg reported, citing people familiar with the inquiries. Lawmakers have sent inquiries to several firms, focusing on the structure and operations of private credit vehicles such as business development companies. Other firms receiving questions include Apollo Global Management ( APO ), BlackRock ( BLK ), Blue Owl Capital ( OWL ), Carlyle Group ( CG ), and KKR & Co. ( KKR ), one of the people said. The inquiries cover areas such as sales practices, leverage, fees, incentives, audits, risk management, and broader economic vulnerabilities, the sources said. The outreach underscores growing concern in Washington over the private credit market, as risks tied to liquidity constraints, borrower stress, and potential disruption from artificial intelligence draw increased attention. More on Blackstone, Ares Management Corporation, etc. Blue Owl Looks Incredibly Cheap, And That's Not A Compliment (Downgrade) Blue Owl Capital Corporation Isn't Worth A Hoot Blue Owl Capital: It's Darkest Before The Dawn Carlyle to acquire majority stake in MAI Capital Management BlackRock partners with GMPF to invest £1B in NHS property: FT
India notched its second-highest month ever in filings for initial public offerings, even as broader equity markets remained subdued and investor sentiment stayed cautious. About 30 companies filed draft prospectuses with the market regulator in March, seeking to raise roughly 600 billion rupees ($6.3 billion), according to data from Prime Database and NSE. That trails only July 2025, when 32 firm...
India notched its second-highest month ever in filings for initial public offerings, even as broader equity markets remained subdued and investor sentiment stayed cautious. About 30 companies filed draft prospectuses with the market regulator in March, seeking to raise roughly 600 billion rupees ($6.3 billion), according to data from Prime Database and NSE. That trails only July 2025, when 32 firms sought about 670 billion rupees. The pace of filings defied the lackluster post-listing performance of recent stock debuts. Nearly 65% of companies that started trading over the past year are trading below their issue prices, according to data compiled by Bloomberg, underscoring tepid secondary market conditions. Still, prospective issuers are lining up in anticipation of a rebound in demand later this year. “Once the current bout of volatility eases, this robust pipeline should help revive sentiment in India’s presently subdued primary markets and pegs the country to raise record‑breaking capital before the end of this year,” said Pratik Loonkar , managing director at Axis Capital Ltd. According to Amrendra Singh, head of equity capital markets at SBI Capital Co., war-driven volatility may delay issuance windows, but it is unlikely to undermine the structural investment case for Indian equities, with the IPO market still poised for a record year. Among notable filings in March, SBI Funds Management Ltd. is planning a potential offering of up to $1.5 billion, while Manipal Hospitals is targeting about $1 billion. Companies including Zetwerk Pvt. , PGP Glass Pvt. and Torrent Gas Ltd. have submitted draft papers through the confidential route, each seeking to raise roughly $450 million to $500 million. “Issuers are hoping for a stronger second half and that a market rebound will allow them to seize the IPO window without missing the opportunity to list,” said Pranav Haldea, managing director, Prime Database Group. Read More: Market Rout Ramps Up Angst Over India IPO Prospec...
Lawmakers in the United States have urged the administration of US President Donald Trump to take action against China’s alleged sanctioned oil imports by blacklisting port operators and blocking complex settlement networks. Despite Washington’s temporary easing of sanctions on Russian and Iranian oil to relieve price pressures from the US-Israeli war in Iran, the “House Select Committee on Strate...
Lawmakers in the United States have urged the administration of US President Donald Trump to take action against China’s alleged sanctioned oil imports by blacklisting port operators and blocking complex settlement networks. Despite Washington’s temporary easing of sanctions on Russian and Iranian oil to relieve price pressures from the US-Israeli war in Iran, the “House Select Committee on Strategic Competition between the United States and the Chinese Communist Party” has released a 41-page...
JHVEPhoto/iStock Editorial via Getty Images XPeng ( XPEV ) reported a robust recovery in March 2026, delivering 27,415 vehicles—an 80% sequential surge over February’s figures. The monthly performance brought total Q1 deliveries to 62,682 units. Beyond delivery volume, XPeng signaled a major shift in its global footprint by entering the Mexican market and launching a three-year strategy for Latin ...
JHVEPhoto/iStock Editorial via Getty Images XPeng ( XPEV ) reported a robust recovery in March 2026, delivering 27,415 vehicles—an 80% sequential surge over February’s figures. The monthly performance brought total Q1 deliveries to 62,682 units. Beyond delivery volume, XPeng signaled a major shift in its global footprint by entering the Mexican market and launching a three-year strategy for Latin America, aiming for a dominant regional position by 2028 with both pure electric and range-extended models launch in 2027 . More on XPeng XPeng: Looks Like A Tesla That Keeps Its Promises, Long-Term Strong Buy XPeng: Margin Inflection Point Reached XPeng: Q4 Net Profit, Leading Gross Margins, Cheap Analysts expect a breakout for XPeng as physical AI becomes a bigger part of the story XPeng Non-GAAP EPADS of $0.07 beats by $0.08, revenue of $3.18B misses by $10M
Warren Buffett led Berkshire Hathaway to market-beating success over six decades, and in recent years, his top holding was one you might not expect. The reason I say this is Buffett doesn't often invest in this industry, but from time to time, makes an exception. This is the tech industry, and the stock is smartphone giant Apple (NASDAQ: AAPL) . Though Buffett, who retired at the end of 2025, prog...
Warren Buffett led Berkshire Hathaway to market-beating success over six decades, and in recent years, his top holding was one you might not expect. The reason I say this is Buffett doesn't often invest in this industry, but from time to time, makes an exception. This is the tech industry, and the stock is smartphone giant Apple (NASDAQ: AAPL) . Though Buffett, who retired at the end of 2025, progressively reduced his position in the company in recent quarters, it remains the largest holding in the Berkshire Hathaway portfolio. And the investing giant clearly hasn't lost faith in the company, as he praised Apple chief Tim Cook as recently as last May, during the Berkshire Hathaway shareholder meeting. Let's check out two reasons why this Buffett favorite may soar in 2026. Continue reading