In trading on Monday, shares of DTF Tax-Free Income Fund (Symbol: DTF) crossed below their 200 day moving average of $11.36, changing hands as low as $11.32 per share. DTF Tax-Free Income Fund shares are currently trading down about 0.7% on the day. The chart below shows the o
In trading on Monday, shares of DTF Tax-Free Income Fund (Symbol: DTF) crossed below their 200 day moving average of $11.36, changing hands as low as $11.32 per share. DTF Tax-Free Income Fund shares are currently trading down about 0.7% on the day. The chart below shows the o
In trading on Monday, shares of the UNOV ETF (Symbol: UNOV) crossed above their 200 day moving average of $37.45, changing hands as high as $37.50 per share. UNOV shares are currently trading up about 0.2% on the day. The chart below shows the one year performance of UNOV shar
In trading on Monday, shares of the UNOV ETF (Symbol: UNOV) crossed above their 200 day moving average of $37.45, changing hands as high as $37.50 per share. UNOV shares are currently trading up about 0.2% on the day. The chart below shows the one year performance of UNOV shar
In this article 700-HK BABA Follow your favorite stocks CREATE FREE ACCOUNT College students look for employment opportunities at the Large-scale Recruitment Fair for Science and Engineering Universities on March 24, 2026 in Harbin, China. Tyne Chin | Getty Images News | Getty Images This report is from this week's CNBC's The China Connection newsletter, which brings you insights and analysis on w...
In this article 700-HK BABA Follow your favorite stocks CREATE FREE ACCOUNT College students look for employment opportunities at the Large-scale Recruitment Fair for Science and Engineering Universities on March 24, 2026 in Harbin, China. Tyne Chin | Getty Images News | Getty Images This report is from this week's CNBC's The China Connection newsletter, which brings you insights and analysis on what's driving the world's second-largest economy. You can subscribe here . Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of what I'm seeing and hearing from local businesses. Today, I dive into the AI job market on both sides of the Pacific. While Silicon Valley braces for overnight layoffs, is China faring any better? The big story As Oracle becomes the latest U.S. tech giant to undergo massive layoffs , the impact of artificial intelligence on jobs at Chinese companies looks more contained for now. There are a few underlying reasons, starting with a different government system. Unlike the U.S., Beijing has a national employment goal — a jobless rate of around 5.5% in cities . On top of that state-directed mandate, lower labor costs in China also mean local companies aren't laying off as many people as their U.S. peers, according to Alex Lu, founder of LSY Consulting. The average monthly salary for high-demand algorithm engineers was 20,035 yuan (about $2,900), online jobs platform Zhilian revealed last month. While considered decent starting pay in China, in U.S. dollar terms, that's an annual salary of around $35,000 — nearly ten times less than what Silicon Valley offers, albeit with far higher taxes and living costs in the U.S. A "level 2" software engineer in the U.S. making around $300,000 in base salary would get a 50% pay cut if transferred back to China, according to a human resources manager at a startup in Silicon Valley who previously worked at Baidu and TikTok. She requested anonymi...
At least 432 ebike fires and 147 e-scooter fires recorded in 2025, up 38% and 20% respectively on previous year Ebike and e-scooter fires in the UK reached a record high last year, an investigation has found, renewing concerns over the use of lithium batteries and unregulated marketplaces. Fire brigade figures obtained by the Press Association show there were at least 432 ebike fires recorded acro...
At least 432 ebike fires and 147 e-scooter fires recorded in 2025, up 38% and 20% respectively on previous year Ebike and e-scooter fires in the UK reached a record high last year, an investigation has found, renewing concerns over the use of lithium batteries and unregulated marketplaces. Fire brigade figures obtained by the Press Association show there were at least 432 ebike fires recorded across the UK in 2025, up 38% from 313 the previous year and more than five times higher than the 84 recorded in 2021. Continue reading...
China’s yuan is poised to defy its typical second-quarter slump as the nation’s resilience to the Iran war and a burgeoning economic recovery offset seasonal pressures. TD Securities and Credit Agricole CIB expect the currency to appreciate to 6.8 per dollar this quarter. That forecast represents a 1% gain from current levels and a sharp reversal from the currency’s average 1.6% second-quarter dec...
China’s yuan is poised to defy its typical second-quarter slump as the nation’s resilience to the Iran war and a burgeoning economic recovery offset seasonal pressures. TD Securities and Credit Agricole CIB expect the currency to appreciate to 6.8 per dollar this quarter. That forecast represents a 1% gain from current levels and a sharp reversal from the currency’s average 1.6% second-quarter decline over the last decade. The yuan tends to face seasonal selling pressure in the second quarter as tourists exchange currency for trips abroad and Hong Kong-listed firms convert profits into foreign exchange for dividend payments . These headwinds will be offset by domestic economic momentum and China’s strategic oil autonomy, which are enabling the currency to weather the shocks rattling its peers. “Traditional seasonality is the yuan underperforming mid-year, but that may not be the case for now given such strong yuan demand,” said Eddie Cheung , senior emerging-markets strategist at Credit Agricole in Hong Kong. The onshore yuan posted its largest annual gain since 2020 last year and has since emerged as the best-performing currency in Asia so far in 2026. It surged close to 3% versus a basket of peers in the first three months of the year to round off its the biggest quarterly rise since late 2024. Underpinning this rally is a wave of economic optimism with trade and manufacturing showing resilience in March even after the Iran war began. This industrial strength is in turn widening the trade surplus while creating a valuation gap that analysts say needs to narrow. “The yuan has rallied in 2025 but valuation of the yuan remains cheap and attractive and we expect further normalization,” said Wee Khoon Chong , senior APAC market strategist at BNY. “China’s growth is recovering and foreign interest is back.” Beyond that, the currency’s resilience is burnishing the appeal of Chinese assets as a regional haven. Massive strategic oil reserves help insulate the domestic econ...
Explore the exciting world of Lam Research (NASDAQ: LRCX) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities! *Stock prices used were the prices of Feb. 11, 2026. The video was published on April 6, 2026. Continue reading
Explore the exciting world of Lam Research (NASDAQ: LRCX) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities! *Stock prices used were the prices of Feb. 11, 2026. The video was published on April 6, 2026. Continue reading
In trading on Monday, shares of the Fidelity High Dividend ETF (Symbol: FDVV) crossed above their 200 day moving average of $55.77, changing hands as high as $55.87 per share. Fidelity High Dividend shares are currently trading up about 0.4% on the day. The chart below shows t
In trading on Monday, shares of the Fidelity High Dividend ETF (Symbol: FDVV) crossed above their 200 day moving average of $55.77, changing hands as high as $55.87 per share. Fidelity High Dividend shares are currently trading up about 0.4% on the day. The chart below shows t
In trading on Monday, shares of the BNOV ETF (Symbol: BNOV) crossed above their 200 day moving average of $43.42, changing hands as high as $43.46 per share. BNOV shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of BNOV shar
In trading on Monday, shares of the BNOV ETF (Symbol: BNOV) crossed above their 200 day moving average of $43.42, changing hands as high as $43.46 per share. BNOV shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of BNOV shar
In trading on Monday, shares of One Liberty Properties, Inc. (Symbol: OLP) crossed above their 200 day moving average of $22.11, changing hands as high as $22.45 per share. One Liberty Properties, Inc. shares are currently trading up about 0.3% on the day. The chart below show
In trading on Monday, shares of One Liberty Properties, Inc. (Symbol: OLP) crossed above their 200 day moving average of $22.11, changing hands as high as $22.45 per share. One Liberty Properties, Inc. shares are currently trading up about 0.3% on the day. The chart below show
In trading on Monday, shares of ING Asia Pacific High Dividend Equity Income Fund (Symbol: IAE) crossed above their 200 day moving average of $7.42, changing hands as high as $7.50 per share. ING Asia Pacific High Dividend Equity Income Fund shares are currently trading up abou
In trading on Monday, shares of ING Asia Pacific High Dividend Equity Income Fund (Symbol: IAE) crossed above their 200 day moving average of $7.42, changing hands as high as $7.50 per share. ING Asia Pacific High Dividend Equity Income Fund shares are currently trading up abou
SimonSkafar/E+ via Getty Images In early October of last year, I wrote an article wherein I argued that, even though shares of Fox Factory Holding Corp. ( FOXF ) had underperformed the market, the company offered enough upside to justify a soft "Buy" rating. This is because of its return to revenue growth and improving operational performance on the bottom line. Since then, we have indeed seen rev...
SimonSkafar/E+ via Getty Images In early October of last year, I wrote an article wherein I argued that, even though shares of Fox Factory Holding Corp. ( FOXF ) had underperformed the market, the company offered enough upside to justify a soft "Buy" rating. This is because of its return to revenue growth and improving operational performance on the bottom line. Since then, we have indeed seen revenue increase. But bottom-line results have been something of a mixed bag. The market has punished the company accordingly, especially with the expectation that 2026 will show weakness for the business. Shares have fallen 28.6% since the time that article was published. By comparison, the S&P 500 is down just 5.8%. This is disappointing. However, even though revenue will be weaker this year than it was last year, cost-cutting initiatives being implemented by management should push profitability higher. And when you consider how the stock is priced on both an absolute basis and relative to other comparable firms, it's clear to me that the market has this one wrong. An Undervalued Play Operationally speaking, Fox Factory Holding Corp. is a business that produces and sells products and systems that are used mostly on bikes, off-road vehicles, trucks, side-by-sides, on-road vehicles, ATVs, snowmobiles, and specialty vehicles. Although it's not a core part of the business, the firm also sells premium baseball and softball gear and equipment. This is certainly a niche business. And it is one that, recently, has experienced a bit of volatility. Currently, the newest data that we have covers through the 2025 fiscal year. And what that shows is definitely a mixed picture. Author - SEC EDGAR Data In the chart above, you can see results for the 2023 through 2025 fiscal years. After revenue dropped from 2023 to 2024, it rebounded almost perfectly in 2025. This is great in and of itself. But I wish I could say that profitability had followed suit. The picture is actually more nuanced th...
Good morning, it’s Angus in Sydney. Firmus Technologies has been valued at $5.5 billion in its latest fundraising round, providing a floor for one of Australia’s most keenly anticipated potential IPOs. The Australian government is intensifying efforts to ease fuel supply concerns as President Trump escalates threats against Iran. And the Artemis II astronauts have made history — and taken some fab...
Good morning, it’s Angus in Sydney. Firmus Technologies has been valued at $5.5 billion in its latest fundraising round, providing a floor for one of Australia’s most keenly anticipated potential IPOs. The Australian government is intensifying efforts to ease fuel supply concerns as President Trump escalates threats against Iran. And the Artemis II astronauts have made history — and taken some fabulous photographs. — Angus Whitley, Global Business reporter What’s happening now Firmus Technologies , the data center builder expected to list in Sydney this year, raised $505 million in an investment round led by Coatue Management LLC, part of a global push to finance artificial intelligence infrastructure. The deal values the startup at $5.5 billion, Firmus said . Nvidia, the top maker of AI accelerator chips, participated in the round. Westpac Chief Executive Officer Anthony Miller warned the conflict in the Middle East has raised the risk of a recession in Australia, saying that it was unclear how long supply chain disruptions from the Iran war could take to work their way through the economy. Miller said in an interview with the Australian Broadcasting Corporation that “circumstances have changed so much that a recession is a chance.” Australia’s government said it has received guarantees from major fuel exporting nations in Asia that supplies will proceed as normal despite the disruptions caused by the war in Iran. Assistant Foreign Affairs and Trade Minister Matt Thistlethwaite told Sky News he had received pledges from Japan, South Korea and Singapore that shipments would continue. Australia is turning to the US and Mexico for fuel supplies to offset disruptions from its traditional Asian partners, Energy Minister Chris Bowen said, as the nation works to ease shortages sparked by the war in Iran. What happened overnight Oil climbed and stocks whipsawed after President Donald Trump signaled that an escalation of strikes on Iran could come as soon as Tuesday, oversh...