Steel manufacturer Nucor is a safe bet amid the Iran war, and its recent sell-off could offer a buying opportunity for investors, according to UBS. The investment firm upgraded shares to buy from neutral. It also raised its price target on shares to $190 from $184, suggesting 15% upside from Wednesday's close. "The sell off presents [a] buying opportunity in [a] relatively insulated market," analy...
Steel manufacturer Nucor is a safe bet amid the Iran war, and its recent sell-off could offer a buying opportunity for investors, according to UBS. The investment firm upgraded shares to buy from neutral. It also raised its price target on shares to $190 from $184, suggesting 15% upside from Wednesday's close. "The sell off presents [a] buying opportunity in [a] relatively insulated market," analyst Andrew Jones said in a note to clients. "We think US steel producers are largely insulated from the Iran conflict." NUE YTD mountain NUE year to date The war has sparked supply chain bottlenecks affecting chemicals, steel and aluminum, among other manufactured imports and exports. Amid those disruptions, steel stocks, including Nucor, have taken a hit. The VanEck Steel ETF (SLX) plunging nearly 11% since the start of the conflict. Nucor has shed 6% over the past month. However, a combination of tailwinds, including federal contracts for steel manufacturers and a decline in U.S. steel imports, could also propel the company's shares higher, according to UBS. "We like the setup for NUE given little direct hit from energy [and] project growth (bar mills, towers & coating, Brandenburg, W Virginia) in a federally supported higher price/volume environment," Jones wrote. Earlier this month, a subsidiary of AMI Metals announced it had clinched a roughly $2.2 billion government contract to "build the wall" along the U.S.-Mexico border — a development that is bullish for other metals producers, including Nucor. Meanwhile, President Donald Trump hiked tariffs on steel to 50% from 25% last June, making it more costly to source the building material from overseas. UBS' call is in line with consensus on Wall Street. Of the 18 analysts covering Nucor, two-thirds have a buy or strong buy on shares.
Yeahka press release ( YHEKF ): FY T otal revenue reached RMB3,310.5 million, representing a year-on-year increase of 7.3%. Profit reached RMB92.2 million, representing an increase of 11.9% compared to 2024. More on Yeahka Historical earnings data for Yeahka Financial information for Yeahka
Yeahka press release ( YHEKF ): FY T otal revenue reached RMB3,310.5 million, representing a year-on-year increase of 7.3%. Profit reached RMB92.2 million, representing an increase of 11.9% compared to 2024. More on Yeahka Historical earnings data for Yeahka Financial information for Yeahka
Response from British fashion industry has been jubilant and Kane’s first Mulberry collection is reportedly to be unveiled at London fashion week 2027 British fashion designer Christopher Kane has been named as the new creative director of Mulberry. The Glaswegian-born designer will relaunch the heritage English brand’s ready-to-wear womenswear collection, with his debut reportedly to be unveiled ...
Response from British fashion industry has been jubilant and Kane’s first Mulberry collection is reportedly to be unveiled at London fashion week 2027 British fashion designer Christopher Kane has been named as the new creative director of Mulberry. The Glaswegian-born designer will relaunch the heritage English brand’s ready-to-wear womenswear collection, with his debut reportedly to be unveiled next September at London fashion week, before landing in stores and online from January 2027. Continue reading...
Nvidia (NVDA) board member Mark A. Stevens sold $38.5 million in shares of the AI chipmaker, according to a recent SEC (Securities and Exchange Commission) filing. Stevens offloaded 221,682 shares in multiple transactions, signaling a significant monetization of his holdings. Prior to this, he sold over $100 million worth of shares in December. While Stevens’ sale may raise eyebrows, analysts rema...
Nvidia (NVDA) board member Mark A. Stevens sold $38.5 million in shares of the AI chipmaker, according to a recent SEC (Securities and Exchange Commission) filing. Stevens offloaded 221,682 shares in multiple transactions, signaling a significant monetization of his holdings. Prior to this, he sold over $100 million worth of shares in December. While Stevens’ sale may raise eyebrows, analysts remain confident in Nvidia’s growth, still projecting a potential 56% upside for the stock at an average
The United States market remained flat over the last week but has risen 16% over the past year, with earnings projected to grow by 16% annually in the coming years. In light of these conditions, identifying high growth tech stocks involves focusing on companies that demonstrate strong innovation and adaptability to capitalize on evolving technological trends.
The United States market remained flat over the last week but has risen 16% over the past year, with earnings projected to grow by 16% annually in the coming years. In light of these conditions, identifying high growth tech stocks involves focusing on companies that demonstrate strong innovation and adaptability to capitalize on evolving technological trends.
Malaysia's commitment to the energy transition is further underscored by the recent developments under its Large Scale Solar 5 (LSS5) program, which is part of the nation's long-term strategy to achieve 70 percent renewable energy installed capacity and carbon neutrality by 2050. Recently, Founder Group Limited announced an additional contract of approximately US$8.6 million for a 9.5 MW solar fac...
Malaysia's commitment to the energy transition is further underscored by the recent developments under its Large Scale Solar 5 (LSS5) program, which is part of the nation's long-term strategy to achieve 70 percent renewable energy installed capacity and carbon neutrality by 2050. Recently, Founder Group Limited announced an additional contract of approximately US$8.6 million for a 9.5 MW solar facility under this program. The LSS5 initiative highlights Malaysia's efforts to expand its solar...
Finnish President Alexander Stubb, who has close ties with both US President Donald Trump and Ukrainian President Volodymyr Zelensky, fears US-led Ukraine peace talks may be over, he said in an interview published on Thursday. “It may be due to the war in Iran, which is drawing a lot of attention away from the war in Ukraine. But it may also be that the negotiations have come to a halt because the...
Finnish President Alexander Stubb, who has close ties with both US President Donald Trump and Ukrainian President Volodymyr Zelensky, fears US-led Ukraine peace talks may be over, he said in an interview published on Thursday. “It may be due to the war in Iran, which is drawing a lot of attention away from the war in Ukraine. But it may also be that the negotiations have come to a halt because they’ve reached the end of the road and are not making any further progress,” Stubb said in the...
Innovent Biologics press release ( IVBIY ): FY total revenue reached RMB 13.0 billion, representing a year-on-year increase of 38.4%. Product revenue amounted to RMB 11.9 billion, up 44.6% year-on-year. Non-IFRS net profit rose to RMB 1.72 billion. EBITDA surged to RMB 1.99 billion (2024: RMB 412 million). As of December 31, 2025, cash reserves totaled RMB 24.3 billion (~US$3.5 billion). More on I...
Innovent Biologics press release ( IVBIY ): FY total revenue reached RMB 13.0 billion, representing a year-on-year increase of 38.4%. Product revenue amounted to RMB 11.9 billion, up 44.6% year-on-year. Non-IFRS net profit rose to RMB 1.72 billion. EBITDA surged to RMB 1.99 billion (2024: RMB 412 million). As of December 31, 2025, cash reserves totaled RMB 24.3 billion (~US$3.5 billion). More on Innovent Biologics Eli Lilly expands partnership with Innovent to develop oncology, immunology drugs Historical earnings data for Innovent Biologics Financial information for Innovent Biologics