alzay/iStock via Getty Images Kongsberg Gruppen ( KBGGY , NSKFF ), a Norwegian aerospace and defense multinational, has gained 72% since my last report, outperforming the S&P 500’s 4.5% gain and blasting past my price target. The company has announced several repositioning steps that help the company benefit from growing demand for Europe-made aerospace and defense equipment and an appropriate val...
alzay/iStock via Getty Images Kongsberg Gruppen ( KBGGY , NSKFF ), a Norwegian aerospace and defense multinational, has gained 72% since my last report, outperforming the S&P 500’s 4.5% gain and blasting past my price target. The company has announced several repositioning steps that help the company benefit from growing demand for Europe-made aerospace and defense equipment and an appropriate valuation. In this report, I discuss the company’s Q4 2025 earnings and explain why I am maintaining my buy rating despite the lack of double-digit upside that I usually look for. Kongsberg Gruppen Details Repositioning Steps Amidst Defense Surge The risks and opportunities for Kongsberg Gruppen have not materially changed. Globally, we are seeing that there is end market growth in aerospace and defense, and as a Norwegian aerospace and defense company, Kongsberg Gruppen is positioned well to benefit from an accelerating push for European military readiness and security autonomy . Kongsberg Gruppen is driving substantial growth from this increased demand for defense weapon systems, but we note that the company also has to invest to support growing demand. The company has invested in a new missile factory in Norway while also working on new factories in the US and Australia. So, the growth is not CapEx-free. While I do not believe that European countries will substantially alter course in their defense budget planning, it should be kept in mind that any resolution of the conflict in Ukraine may affect investor sentiment. Kongsberg Gruppen has taken several steps to position its valuation and business focused on aerospace and defense. In Q1 2025, the company merged the maritime activities of Kongsberg Digital into Kongsberg Maritime, and in December, the company signed off on the demerger plan for Kongsberg Maritime . Around 24% of the assets and liabilities will be demerged and start trading on Euronext Oslo on the 23 rd of April 2026. This leaves Kongsberg Gruppen as a company...
(RTTNews) - The Taiwan stock market has moved lower in two straight sessions, sinking more than 500 points or 1.6 percent in that span. The Taiwan Stock Exchange now sits just above the 31,780-point plateau although it's expected to open in the green on Monday. The global forecast for the Asian markets is upbeat, with bargain hunting among the technology companies likely to lead the markets higher...
(RTTNews) - The Taiwan stock market has moved lower in two straight sessions, sinking more than 500 points or 1.6 percent in that span. The Taiwan Stock Exchange now sits just above the 31,780-point plateau although it's expected to open in the green on Monday. The global forecast for the Asian markets is upbeat, with bargain hunting among the technology companies likely to lead the markets higher. The European and U.S. markets were firmly higher and the Asian markets are expected to follow that lead. The TSE finished barely lower on Friday following losses from the plastics companies and mixed performances from the financial shares and technology stocks. For the day, the index slipped 18.38 points or 0.06 percent to finish at 31,782.92 after trading between 31,164.28 and 31,842.62. Among the actives, Cathay Financial collected 0.33 percent, while Mega Financial rose 0.25 percent, CTBC Financial eased 0.16 percent, First Financial dipped 0.17 percent, E Sun Financial perked 0.15 percent, Taiwan Semiconductor Manufacturing Company advanced 0.85 percent, United Microelectronics Corporation added 0.65 percent, Hon Hai Precision fell 0.23 percent, Largan Precision vaulted 1.30 percent, Catcher Technology stumbled 2.68 percent, MediaTek tanked 3.39 percent, Delta Electronics climbed 0.87 percent, Novatek Microelectronics expanded 1.11 percent, Formosa Plastics plunged 3.07 percent, Nan Ya Plastics retreated1.34 percent, Asia Cement gained 0.42 percent an Fubon Financial was unchanged. The lead from Wall Street is broadly positive as the major averages opened firmly higher on Friday and continued to accelerate throughout the day, ending at session highs. The Dow surged 1,206.97 points or 2.47 percent to finish at a record 50,115.67, while the NASDAQ soared 490.61 points or 2.18 percent to close at 23,031.21 and the S&P 500 jumped 133.90 points or 1.97 percent to end at 6,932.30. For the week, the Dow rallied 2.5 percent, while the S&P dipped 0.1 percent and the NASDAQ fel...
claudiodivizia/iStock via Getty Images President Donald Trump's approval ratings are highly correlated to movement of the U.S. dollar, according to BofA Securities. The greenback ( DXY ) has fallen around 10% since Trump's inauguration, and his approval ratings have also fallen. That looks counterintuitive, as strategist Michael Hartnett says a weak dollar policy boosts manufacturing "in 'rustbelt...
claudiodivizia/iStock via Getty Images President Donald Trump's approval ratings are highly correlated to movement of the U.S. dollar, according to BofA Securities. The greenback ( DXY ) has fallen around 10% since Trump's inauguration, and his approval ratings have also fallen. That looks counterintuitive, as strategist Michael Hartnett says a weak dollar policy boosts manufacturing "in 'rustbelt' swing states (PA, MI, WI)," but in both terms Trump's presidential approval and the dollar are "highly correlated." BofA Dear readers: We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion. More on US Dollar Index, Invesco DB USD Bullish ETF Week Ahead: Does The Dollar's Upside Correction Have More Room To Run? Stay Long. Capex-geddon Is A Déjà Vu U.S. Dollar Index Tests 98.00 But Shows Signs Of Weakness Ahead Of NFP U.S. dollar rises on safe-haven demand, Fed leadership speculation: Currency Recap Volatility skips stocks as gold, currencies and oil swing wildly
Samsung Electronics Co. ’s shares climbed as much as 6.4% after a report that the company will soon begin mass production of HBM4 memory chips, used as part of the buildout for artificial intelligence infrastructure. The South Korean tech giant plans to ship the semiconductors to Nvidia Corp. , the leader in AI accelerators, as early as the third week of February, Yonhap News reported. The HBM chi...
Samsung Electronics Co. ’s shares climbed as much as 6.4% after a report that the company will soon begin mass production of HBM4 memory chips, used as part of the buildout for artificial intelligence infrastructure. The South Korean tech giant plans to ship the semiconductors to Nvidia Corp. , the leader in AI accelerators, as early as the third week of February, Yonhap News reported. The HBM chips will be used to power the US company’s upcoming Vera Rubin AI accelerators, Yonhap reported , citing unidentified people in the industry. Samsung is in the unusual position of playing catchup to SK Hynix Inc. , which had jumped ahead as the primary supplier of memory chips to Nvidia. Samsung’s progress in high-bandwidth memory development suggests it’s closing the gap with its domestic rival. Samsung’s stock had already gained more than 30% this year through Friday’s close, as rising memory chip prices have benefited all the major players in the industry. Soaring demand from hyperscalers like Amazon.com Inc. and Alphabet Inc. have pushed up some prices to nearly double the level just since the fourth quarter of 2025. Samsung also likely benefited from AI-related gains in US stocks tied to the data center buildout. Four major hyperscalers plan to spend about $650 billion this year, boosting shares of Nvidia nearly 8% on Friday.