Chinese artificial intelligence system-on-chip (SoC) supplier Axera Semiconductor traded flat on its debut in Hong Kong on Tuesday, in contrast to the spectacular gains by some mainland Chinese chip companies in their initial public offerings in recent weeks. Shares of the Zhejiang province-based firm opened at HK$28.20 apiece, the same as the offer price. The company issued 100 million shares, ra...
Chinese artificial intelligence system-on-chip (SoC) supplier Axera Semiconductor traded flat on its debut in Hong Kong on Tuesday, in contrast to the spectacular gains by some mainland Chinese chip companies in their initial public offerings in recent weeks. Shares of the Zhejiang province-based firm opened at HK$28.20 apiece, the same as the offer price. The company issued 100 million shares, raising HK$2.96 billion (US$378.7 million). Axera attracted HK$22.34 billion from retail investors during the bookbuilding period, marking an oversubscription of 74.4 times. In the grey market on Monday evening, Axera slid over 4 per cent across major brokerage markets such as Futu, Bright Smart Securities & Commodities and Phillip Securities. Advertisement In comparison, Montage Technology, a designer of high-speed interconnect chips for data centres, jumped 64 per cent on its debut in Hong Kong on Monday. The firm, dual-listed in Shanghai, raised HK$7 billion. Mainland chip designer GigaDevice Semiconductor rose more than 37 per cent on its first trading day on January 13. Advertisement Axera specialises in designing AI perception and edge computing chips for applications such as smart vehicles. It operates on the so-called fabless model, whereby it outsources the manufacture of wafers to independent foundries.
Key Points IGIB carries a much lower expense ratio and a slightly higher yield compared to FIGB FIGB has a lower beta, signaling less sensitivity to equity markets, but has underperformed IGIB on 1-year returns. Both ETFs are ultra-diversified, but IGIB holds far more bonds and has significantly greater assets under management 10 stocks we like better than iShares Trust - iShares 5-10 Year Investm...
Key Points IGIB carries a much lower expense ratio and a slightly higher yield compared to FIGB FIGB has a lower beta, signaling less sensitivity to equity markets, but has underperformed IGIB on 1-year returns. Both ETFs are ultra-diversified, but IGIB holds far more bonds and has significantly greater assets under management 10 stocks we like better than iShares Trust - iShares 5-10 Year Investment Grade Corporate Bond ETF › The iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) and the FIDELITY INVESTMENT GRADE BOND ETF (NYSEMKT:FIGB) differ most on cost, yield, and portfolio size. IGIB is more affordable, offers a higher payout, and manages a much larger pool of assets than FIGB. Both IGIB and FIGB target U.S. investment-grade bonds, but there are notable distinctions in their structure and recent performance. This comparison highlights how these two core bond ETFs stack up on fees, returns, risk, and portfolio construction to help investors decide which approach may better fit their needs. Snapshot (cost & size) Metric IGIB FIGB Issuer IShares Fidelity Expense ratio 0.04% 0.36% 1-yr return (as of 2026-02-06) 8.89% 6.22% Dividend yield 4.58% 4.13% Beta 1.06 1.01 AUM $17.82 billion $354.59 million Beta measures price volatility relative to the S&P 500; beta is calculated from five-year weekly returns. The 1-yr return represents total return over the trailing 12 months. IGIB looks more affordable with a much lower expense ratio than FIGB, and it also offers a slightly higher dividend yield, which may appeal to cost-conscious investors seeking income. Performance & risk comparison Metric IGIB FIGB Max drawdown (4 y) -16.16% -15.02% Growth of $1,000 over 4 years $940 $892 What's inside FIGB is designed for core fixed-income exposure, holding 180 U.S. investment-grade bonds across a mix of sectors. Its largest holdings are individual corporate bond issues, such as debt issued by JPMorgan Chase and Morgan Stanley, with each position accounting for rou...
The Man Who Always Has Proof Tomorrow: Adam Schiff Cries Election Fraud Again Authored by David Manney via PJ Media , The Warning That Never Changes Remember Adam Schiff? The California Democratic senator returned to familiar ground, while sounding another dire warning about President Donald Trump and the upcoming midterm elections. AP Photo/Patrick Semansky Schiff insists Trump plans on subvertin...
The Man Who Always Has Proof Tomorrow: Adam Schiff Cries Election Fraud Again Authored by David Manney via PJ Media , The Warning That Never Changes Remember Adam Schiff? The California Democratic senator returned to familiar ground, while sounding another dire warning about President Donald Trump and the upcoming midterm elections. AP Photo/Patrick Semansky Schiff insists Trump plans on subverting the midterms by suppressing votes and overturning results if Republicans lose . Schiff said, “ I think he fully intends to try to subvert the elections. He will do everything he can to suppress the vote. And if he loses the vote, and I think the Republicans do now expect they’ll get a real drubbing in the midterms. He’s prepared to try to take some kind of action to overturn the result, and we really shouldn’t question that. We saw him try to the point of insurrection to overturn the 2020 election. We see him now taking these extraordinary steps with an election that was five years ago. He’s basically telling us he intends to interfere in the upcoming election. He hasn’t brought prices down. There’s chaos and killing in American streets by ICE agents. The public has turned against him in every election we’ve had since his election.” As if a vault of evidence sits ready to open, Schiff presents the claims with grave certainty. Just not today. Because the script is familiar and he shares it in a safe space, Schiff points backward, not forward, again leaning on 2020, repeating “insurrection,” while warning that future elections are in danger, prices remain high, chaos rules the streets, and federal law enforcement morphs into a roaming band of villains in Schiff’s telling. He throws charges around with dramatic flair—I'm surprised he hasn't hurt his neck—yet none of those charges arrive with verifiable proof. Fear as a Political Habit As he's proven over the course of years, Schiff doesn't warn; he escalates, while claiming Trump fully intends to interfere in elections and u...
Vladimir Vintonjak/iStock via Getty Images In my last article on the stock covered the budget and other aspects of Cenovus Energy ( CVE ) since MEG Energy was acquired. Now, with the final earnings report for fiscal year 2025 coming on Feb. 19, 2026, there are going to be some forward-looking comments by management and some conference call questions about the MEG Energy acquisition. A significant ...
Vladimir Vintonjak/iStock via Getty Images In my last article on the stock covered the budget and other aspects of Cenovus Energy ( CVE ) since MEG Energy was acquired. Now, with the final earnings report for fiscal year 2025 coming on Feb. 19, 2026, there are going to be some forward-looking comments by management and some conference call questions about the MEG Energy acquisition. A significant acquisition like MEG Energy can often enable an industry outperformance for a fiscal year and sometimes longer. This could mean that if the oil price decline remains mild, the company could have a growth year in contrast to many in the industry. That is a very big deal in this aging bull market where risk is not as important as "keeping up with the Joneses." In an aging bull market, the main concern is often momentum. Therefore, positive earnings comparisons have an outsized effect on the stock price. But even if there is a full-blown pullback, a low-cost acquisition can often assure an industry outperformance (and hence a relatively strong stock price performance). It is true that many purchasers of acquisitions often choose conservatively in terms of well life to maximize the depletion or depreciation of an acquisition and protect the cash flow from taxes. Similarly, as much of the purchase price as possible is often allocated to depreciating assets. All of these choices can have a short-term effect on earnings that magnifies the effect of one-time costs on earnings. It can even lead to a misleading analysis of breakeven points because costs appear to be high. What is really the case is that the rapid depreciation of older production (in these days of accelerated depreciation) will ensure that many older noncash costs will rapidly decline in significance. Meanwhile, the latest technology and improving production techniques allow newer low-cost production to climb in significance. The end result is a more profitable company. But the acquisition accounting choices often sho...
Prime Minister Sanae Takaichi’s landslide election victory provides a mandate for a hawkish foreign policy as China ramps up pressure on Japan. While markets signal a reprieve from recent volatility, investors remain wary of the fiscal impact of her spending plans. Bloomberg's Sakura Murakami reports. (Source: Bloomberg)
Prime Minister Sanae Takaichi’s landslide election victory provides a mandate for a hawkish foreign policy as China ramps up pressure on Japan. While markets signal a reprieve from recent volatility, investors remain wary of the fiscal impact of her spending plans. Bloomberg's Sakura Murakami reports. (Source: Bloomberg)
Amazon is not just one of the most recognizable e-commerce brands in the world, but also one of the most popular ones. According to YouGov’s tracker, the company gets a 69% rating on popularity, while 17% are neutral, and 14% dislike the company. However, a new feature Amazon debuted is getting ...
Amazon is not just one of the most recognizable e-commerce brands in the world, but also one of the most popular ones. According to YouGov’s tracker, the company gets a 69% rating on popularity, while 17% are neutral, and 14% dislike the company. However, a new feature Amazon debuted is getting ...