(RTTNews) - Hanon Systems (018880.KS), a South Korean automotive parts maker, reported Tuesday narrower net loss in its fourth quarter, while it turned around operating profit with higher sales. In South Korea, the shares were gaining around 6.4 percent, trading at 3,405.00 won. For the three-month period, the company posted a net loss attributable to shareholders of 196.08 billion Korean won, nar...
(RTTNews) - Hanon Systems (018880.KS), a South Korean automotive parts maker, reported Tuesday narrower net loss in its fourth quarter, while it turned around operating profit with higher sales. In South Korea, the shares were gaining around 6.4 percent, trading at 3,405.00 won. For the three-month period, the company posted a net loss attributable to shareholders of 196.08 billion Korean won, narrower than a net loss of 315.80 billion won in the same period last year. However, the company recorded an operating profit of 91.15 billion won, compared to prior year's loss of 137.59 billion won. Sales were 2.703 trillion won, up 6.6 percent from the previous year's 2.536 trillion won. Sequentially, sales edged down 0.1 percent. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Elon Musk’s decision to merge SpaceX with artificial intelligence firm xAI has effectively created a trillion-dollar technology heavyweight — and quietly pulled one of the world’s larger corporate bitcoin positions back into focus as the company edges closer to a public listing. While the deal was framed around building “space-based AI,” the combined entity effectively inherits SpaceX’s long-stand...
Elon Musk’s decision to merge SpaceX with artificial intelligence firm xAI has effectively created a trillion-dollar technology heavyweight — and quietly pulled one of the world’s larger corporate bitcoin positions back into focus as the company edges closer to a public listing. While the deal was framed around building “space-based AI,” the combined entity effectively inherits SpaceX’s long-standing bitcoin holdings, estimated at about 8,300 BTC based on past disclosures. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . At current prices, that stake is worth roughly $650 million — small relative to a potential IPO valuation north of $1 trillion, but large enough to matter for accounting, disclosure, and investor optics. SpaceX first disclosed its bitcoin purchase in 2021 and, unlike Musk's energy company Tesla, has remained private, shielding the position from the quarter-to-quarter earnings volatility that public companies face under fair-value accounting rules. That changes once IPO preparation begins. Tesla’s handling of its BTC remains a cautionary reference, as the automaker has booked hundreds of millions of dollars in paper losses during past drawdowns, even when it made no changes to its holdings. The SpaceX–xAI merger concentrates that exposure within a single corporate structure at a time when bitcoin has returned to extreme volatility following recent liquidation-driven selloffs. Unlike Tesla, which has previously sold and repurchased bitcoin, SpaceX has shown little inclination to trade its position. That stability could appeal to long-term investors, but it also limits flexibility should market conditions deteriorate during the IPO window. The deal also raises questions about how crypto assets are managed across Musk’s broader empire. Tesla, ...
CION Investment ( CION ) priced a $125M public offering of unsecured notes due 2031. The notes will mature on March 31, 2031, and may be redeemed in whole or in part at any time or from time to time at the company's option on or after March 31, 2028. The notes will be issued in denominations of $25 and integral multiples of $25 in excess thereof and will bear interest at 7.50% per year, payable qu...
CION Investment ( CION ) priced a $125M public offering of unsecured notes due 2031. The notes will mature on March 31, 2031, and may be redeemed in whole or in part at any time or from time to time at the company's option on or after March 31, 2028. The notes will be issued in denominations of $25 and integral multiples of $25 in excess thereof and will bear interest at 7.50% per year, payable quarterly, with the first interest payment occurring on March 30, 2026. The underwriters have a 30-day option to purchase up to an additional $18.75M aggregate principal amount of notes to cover overallotments, if any. The offering is expected to close on February 9, 2026. The company intends to list the notes on the NYSE within 30 days of the original issue date. Net proceeds are expected to be ~$121.25M and will be used to pay down borrowings under the company’s senior secured credit facilities. More on Cion Investment CION Investment: Fundamental Improvements But Not A Buy Yet (Rating Upgrade) CION Investment Corporation 2025 Q3 - Results - Earnings Call Presentation CION Investment Corporation (CION) Q3 2025 Earnings Call Transcript Cion Investment cuts base distribution CION Investment issues $172.5 mln senior unsecured notes
Billionaire Quek Leng Chan is weighing taking his property developer unit in Malaysia private, according to people familiar with the matter. Guocoland Ltd. , a Singapore-listed builder controlled by the billionaire, plans to make an offer to buy out the Kuala Lumpur-listed unit, said the people, asking not to be named as the information isn’t public. Guocoland controls over 65% of Guocoland Malays...
Billionaire Quek Leng Chan is weighing taking his property developer unit in Malaysia private, according to people familiar with the matter. Guocoland Ltd. , a Singapore-listed builder controlled by the billionaire, plans to make an offer to buy out the Kuala Lumpur-listed unit, said the people, asking not to be named as the information isn’t public. Guocoland controls over 65% of Guocoland Malaysia Bhd.’s shares, and Quek retains a nearly 3% direct stake in the unit, according to its latest annual report. Read More: Hongkong Land Sells Developer Unit MCL for S$739 Million Guocoland Malaysia and Guocoland Ltd. requested for trading halts on Monday pending an announcement. Both did not immediately respond to emailed requests for comment. Quek, who has an interest in nearly 72% of Guocoland Ltd.’s shares, is also the Singapore developer’s chairman. The 82-year-old Malaysian tycoon has a net worth of $7.4 billion, according to the Bloomberg Billionaires Index. Shares of Guocoland Malaysia have risen about 60% this year, giving it a market value of 655 million ringgit ($166 million). The stock last traded 93.5 sen on Jan. 30.
China Forecasts Record 9.5 Billion Trips During Spring Festival Travel Rush 00:00 00:00 /00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Passengers prepare to board a high-speed train at Nanjing South Railway Station in Nanjing, Jiangsu province, on Monday. Photo: VCG China on Monday launched its annual Spring Festival travel rush, forecasting a record 9.5 billion cross-regional trips nationwid...
China Forecasts Record 9.5 Billion Trips During Spring Festival Travel Rush 00:00 00:00 /00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Passengers prepare to board a high-speed train at Nanjing South Railway Station in Nanjing, Jiangsu province, on Monday. Photo: VCG China on Monday launched its annual Spring Festival travel rush, forecasting a record 9.5 billion cross-regional trips nationwide over the 40-day period. While the projected volume marks a 5.32% increase from the previous year, the pace has slowed compared with the 7.1% rebound seen in 2025. The migration, known as “chunyun,” runs through March 13 and includes a nine-day Lunar New Year holiday. You've accessed an article available only to subscribers Subscribe today for just $.99. VIEW OPTIONS Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations. Subscribe to both Caixin Global and The Wall Street Journal — for the price of one. Share now and your friends will read it for free!
IndiGo will focus on strengthening operations and internal processes this year, following a severe system failure in December that laid bare the limits to the Indian budget carrier’s rapid expansion. “Building resilience in the system and making sure that the massive ops we have today, with 2,200 daily flights, is further solidified” will be a key priority for the airline this year, Chief Executiv...
IndiGo will focus on strengthening operations and internal processes this year, following a severe system failure in December that laid bare the limits to the Indian budget carrier’s rapid expansion. “Building resilience in the system and making sure that the massive ops we have today, with 2,200 daily flights, is further solidified” will be a key priority for the airline this year, Chief Executive Officer Pieter Elbers said in an interview with Bloomberg TV at the Singapore Airshow on Tuesday. Asia’s largest low-cost carrier suffered an operational meltdown in the first week of December that forced it to cancel 2,500 flights in three days. The chaos prompted an intervention by India’s aviation regulator alongside a fine, as management was singled out for blame in the disruption. Elbers said the company has re-evaluated its systems as a result of the failure, though he didn’t provide any concrete changes in operation that have followed from the episode. IndiGo is now back to operating more than 2,200 flights a day carrying as many as 380,000 passengers. Capacity in the quarter through March will likely grow in the range of 10%, Elbers said, as the airline takes delivery of about one new aircraft a week on average. The company recently started operating its Airbus SE A321 XLR plane that can fly long-distance missions using a smaller single-aisle plane. After launching flights to Athens from Delhi and Mumbai last month, IndiGo will next add Istanbul to the routes served with the aircraft, he said.
Key Points Nvidia has a high chance of surpassing fiscal 2027 revenue estimates. The company also enjoys high pricing power, translating into robust margins. Nvidia is also well positioned to defend its GPU market share, despite rising competitive pressures. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) continues to dominate the artificial intelligence (AI) infrastructure in 2026. W...
Key Points Nvidia has a high chance of surpassing fiscal 2027 revenue estimates. The company also enjoys high pricing power, translating into robust margins. Nvidia is also well positioned to defend its GPU market share, despite rising competitive pressures. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) continues to dominate the artificial intelligence (AI) infrastructure in 2026. With dramatic demand for its Blackwell systems and increasing AI data center spending, the company appears to have several growth catalysts working in its favor. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Against this backdrop, here are my top three predictions for Nvidia in 2026. Nvidia can surpass consensus revenue estimates in fiscal 2027 I believe Nvidia could surpass average consensus revenue estimates of $323.3 billion for fiscal 2027 (ending Jan. 31, 2027), thanks to multiple tailwinds. The company is benefiting from hyperscalers increasingly shifting to rack-scale solutions that bundle cutting-edge GPUs, CPUs, high-speed networking, and software instead of purchasing just hardware chips. Coupled with the exceptional demand for Blackwell systems, Nvidia appears positioned to sustain strong pricing power throughout 2026. The company has revenue visibility of over $500 billion for its Blackwell and next-generation Rubin systems from the start of 2025 through 2026. Hyperscalers are also increasingly shifting from less frequent training workloads to repetitive inference workloads (deployment of AI models in real-time production environments). The industry's increasing focus on power efficiency and costs can spur a hardware upgrade cycle, as data centers look to newer platforms like Nvidia's Vera Rubin systems (expected to be launched in the second half of 2026)to lower the total cost of ownership for AI deployments at scale. This can drive additional demand for Nvidia in the coming...
Melania, Amazon’s $106m (US$75m) documentary about the US first lady, has bombed at the Australian box office on its opening weekend, debuting at No 31 on the charts and taking just $982 (£503, US$688) per screen. The documentary, directed by Brett Ratner, was screened in 33 cinemas across Australia and made $32,399 overall. Melania placed 31st, one spot below Wicked: For Good, which has been in A...
Melania, Amazon’s $106m (US$75m) documentary about the US first lady, has bombed at the Australian box office on its opening weekend, debuting at No 31 on the charts and taking just $982 (£503, US$688) per screen. The documentary, directed by Brett Ratner, was screened in 33 cinemas across Australia and made $32,399 overall. Melania placed 31st, one spot below Wicked: For Good, which has been in Australian cinemas for over two months but still made $33,231 from 35 screens over the weekend. Due to a worldwide embargo imposed by Amazon, Melania opened in Australia on Friday, meaning its opening weekend figures, which are usually calculated from Thursday to Sunday, missed out on one day’s takings. However, opening weekend is generally the strongest for films without positive word of mouth to carry them along – and Melania has been widely lambasted as a blatant ploy by Amazon to curry favour with Donald Trump, meaning it has already likely peaked in Australia. By comparison internationally, Melania was screened in 155 cinemas across the UK and Ireland and took £32,974 (A$64,000) in its opening weekend, for a screen average of £212.80 (A$415). In the US it had the strongest start of any documentary in over a decade, taking US$7m at the box office during its highly promoted opening weekend – but Melania cost significantly more than a typical documentary, at US$40m to make and US$35m to promote. In order to break even, the film will need to take around US$100m globally. Donald Trump has told reporters he “wasn’t involved” in negotiations over the documentary’s huge price tag, while Melania Trump has said the producers approached several distributors, but “Amazon was the best because they agreed to do theatres all around the world”. Ratner – who had otherwise largely retreated from Hollywood after numerous sexual misconduct allegations made during the #MeToo movement – has called the claims that his film was a favour for the Trumps “ridiculous”. “I can tell you right now, i...
Paul Morigi/Getty Images Entertainment While Greg Abel is yet to prove himself as a worthy manager of Warren Buffett’s investment empire, the foundations for him to succeed at the helm of Berkshire Hathaway ( BRK.A )( BRK.B ) are there. In recent quarters, the operating businesses that are under the direct control of the firm performed relatively well and have the potential to continue to show dec...
Paul Morigi/Getty Images Entertainment While Greg Abel is yet to prove himself as a worthy manager of Warren Buffett’s investment empire, the foundations for him to succeed at the helm of Berkshire Hathaway ( BRK.A )( BRK.B ) are there. In recent quarters, the operating businesses that are under the direct control of the firm performed relatively well and have the potential to continue to show decent results as macro risks subside. At the same time, Berkshire Hathaway’s investment portfolio is positioned fairly well to weather any potential volatile environment and create additional shareholder value along the way. Add to this that Berkshire Hathaway’s shares seem to be undervalued, and it becomes clear that there are no reasons to be pessimistic about the firm’s future. Why I’m Bullish About Berkshire Hathaway’s Future Currently, Berkshire Hathaway’s shares trade close to the levels at which they were back in October when I published my latest bullish article on the company. Even the solid Q3 results, which were released shortly after that article was published and showed that Berkshire Hathaway’s operating earnings during the quarter increased by 33.6% Y/Y to $13.49 billion, were not enough to push the shares higher. While the relatively weak performance of the shares could be tied to the fact that Warren Buffett is no longer in charge of Berkshire Hathaway, I still think that the firm could thrive under the new management. If we look at Berkshire Hathaway’s operating businesses, we’ll see that they’re poised to continue to grow and create additional shareholder value regardless of who is in charge. The insurance business already performed well recently and saw its underwriting net earnings increase from $750 million in Q3’24 to $2.37 billion in Q3’25, in large part thanks to lower incurred losses from major catastrophe events in comparison to the previous year. Considering that during the last few months of 2025, the United States didn’t have any major hurricanes...
sunnychicka/iStock via Getty Images I discovered Halozyme Therapeutics ( HALO ) as a profitable biotech company with strong growth and a low valuation. Halozyme made some key acquisitions during Q4 2025, which positions the company well for long-term, multiple-year growth. Halozyme's Company Background Halozyme Therapeutics operates as an $8.4 billion market cap biotech company. HALO makes drug de...
sunnychicka/iStock via Getty Images I discovered Halozyme Therapeutics ( HALO ) as a profitable biotech company with strong growth and a low valuation. Halozyme made some key acquisitions during Q4 2025, which positions the company well for long-term, multiple-year growth. Halozyme's Company Background Halozyme Therapeutics operates as an $8.4 billion market cap biotech company. HALO makes drug delivery products for injectable biologics. Halozyme's products are based on "the patented recombinant human hyaluronidase enzyme, which is what enables the delivery of injectable biologics." These injectables include monoclonal antibodies and other therapeutic molecules/fluids. HALO is the innovator of its ENHANZE drug delivery technology . ENHANZE is composed of HALO's proprietary enzyme, rHuPH20. This enzyme is a commercially approved solution to rapidly deliver injectable drugs with "reduced treatment burden to improve patient experiences." Halozyme licenses its technology to biopharmaceutical companies. HALO's ENHANZE is combined with its partner's products. Halozyme also develops drug-device combination products by itself and with its partners using its "advanced auto-injector technologies." The benefit of these products is that they provide patients with "improved convenience, tolerability, reliability, adherence, and patient comfort." Halozyme has two FDA-approved products on the market: Hylenex and XYOSTED. Hylenex is HALO's recombinant that facilitates the injection of drugs through the skin (subcutaneously) for "enhanced dispersion and absorption." XYOSTED is an injection of testosterone replacement therapy through the skin. HALO also has the following partner-approved products: Halozyme's 10-Q Q3 2025 Halozyme's 10-Q Q3 2025 Insights From The Q4 2025 Sales/Trading Call Halozyme's Q4 2025 Sales and Trading Call provides key insights into the company's future growth outlook. The company made two acquisitions during Q4: Elektrofi in November 2025 and Surf Bio in Dece...
Ashland press release ( ASH ): Q1 Non-GAAP EPS of $0.26 beats by $0.01 . Revenue of $386M (-4.7% Y/Y) misses by $16.21M . Adjusted EBITDA of $58 million, down five percent from the prior-year quarter, with the Avoca divestiture contributing to a two percent or $1 million decline; excluding the Avoca divestiture, Adjusted EBITDA declined three percent. Cash flows provided by operating activities of...
Ashland press release ( ASH ): Q1 Non-GAAP EPS of $0.26 beats by $0.01 . Revenue of $386M (-4.7% Y/Y) misses by $16.21M . Adjusted EBITDA of $58 million, down five percent from the prior-year quarter, with the Avoca divestiture contributing to a two percent or $1 million decline; excluding the Avoca divestiture, Adjusted EBITDA declined three percent. Cash flows provided by operating activities of $125 million; Ongoing Free Cash Flow of $26 million. Narrowing full‑year fiscal 2026 Adjusted EBITDA guidance to $400–$420 million, reflecting approximately $11 million of temporary impacts from the Calvert City startup delay and recent weather-related disruptions, isolated to the second quarter. Narrowing prior guidance Sales: $1,835 million to $1,905 million (vs. consensus of $1.86B) , supported by continued momentum in innovation-driven and globalized product lines Adjusted EBITDA: $400 million to $420 million; prior guidance $400 million to $430 million Adjusted Diluted Earnings Per Share Excluding Intangibles Amortization: double digit plus growth reflecting operating improvement and progress in Portfolio Optimization Ongoing Free Cash Flow Conversion: approximately 50 percent of Adjusted EBITDA with capital expenditures of approximately $100 million More on Ashland Ashland Inc. 2025 Q4 - Results - Earnings Call Presentation Ashland Inc. (ASH) Q4 2025 Earnings Call Transcript Ashland Q1 2026 Earnings Preview Ashland Global upgraded at BMO Capital on improved risk-reward outlook Seeking Alpha’s Quant Rating on Ashland
Uber ( UBER ) has launched its ride-hailing service in Macau, China, marking its first new Asian market entry since exiting China in 2016. The service started Tuesday, February 3, 2026, allowing users to book and pay for taxis in multiple languages via the app. A premium limo option connects Macau to Hong Kong but requires 24-hour advance booking. The company is actively recruiting drivers for the...
Uber ( UBER ) has launched its ride-hailing service in Macau, China, marking its first new Asian market entry since exiting China in 2016. The service started Tuesday, February 3, 2026, allowing users to book and pay for taxis in multiple languages via the app. A premium limo option connects Macau to Hong Kong but requires 24-hour advance booking. The company is actively recruiting drivers for the Macau market, offering a welcome bonus of MOP500 ($61.8) for the first trip under a campaign running until 28 February this year. This relaunch follows Macau's regulatory studies on ride-hailing and aims to address taxi shortages amid tourism growth. Uber ( UBER ) previously operated briefly in Macau from 2015 but encountered numerous challenges. The ride-hailing platform ( UBER ) sold its China business to Didi Global ( DIDIY ) in 2016 but continues to operate in big Asian markets, including India, Japan, and South Korea. More on Uber Uber Prints Cash But The Market Complains (Q4 Earnings Preview) Uber Q4 Earnings: Potential Risks And Robotaxis Stepping Stones Uber Technologies: This Ride Has Exceeded My Expectations Earnings week ahead: AMZN, GOOG, PLTR, AMD, PFE, DIS, PYPL, ABBV, QCOM, SMCI, MRK, PEP, UBER, PM, and more GrubHub going after rivals by removing fees on orders over $50
Meta Platforms has surged after a blockbuster earnings release, a richer dividend, and louder AI ambitions. With the stock punching out fresh highs and analysts racing to lift price targets, investors are asking: is this the start of a new leg higher or a euphoric peak in the making? Meta Platforms Inc has shifted from punchline to powerhouse, and the stock chart tells the story more vividly than ...
Meta Platforms has surged after a blockbuster earnings release, a richer dividend, and louder AI ambitions. With the stock punching out fresh highs and analysts racing to lift price targets, investors are asking: is this the start of a new leg higher or a euphoric peak in the making? Meta Platforms Inc has shifted from punchline to powerhouse, and the stock chart tells the story more vividly than any press release. After its latest earnings report, the company’s shares ripped higher, wiping away any lingering doubts about its advertising engine, pushing its artificial intelligence narrative to the foreground, and rewarding shareholders with a sharply higher dividend. The short term feels almost euphoric, yet the key question now is whether this rally reflects a durable re?rating or simply peak optimism in a very crowded trade. Across the last several sessions, Meta has traded like a stock investors are afraid not to own. Intraday swings have been brisk, but the closing prices have stayed near the upper end of their recent range, reflecting aggressive dip buying and a strong appetite for exposure to AI and digital ads. The move caps a powerful multi?month uptrend that has driven the shares toward the upper half of their 52?week band, with only relatively shallow pullbacks along the way. Recent days in particular have underscored how sensitive Meta now is to every nuance in AI commentary and ad demand. Positive management tone on AI monetization and disciplined spending has been met with outsized buying, while even modest concerns about regulatory pressure or capital intensity have led only to brief, contained bouts of profit taking. For now, the bulls are clearly in control. One-Year Investment Performance For investors who took the risk a year ago, the payoff has been striking. Based on historical pricing, Meta’s stock closed roughly 30 to 35 percent lower one year ago than it does today. An investor who put 10,000 dollars into Meta at that point would now be sittin...