Oil Price Shock Drives 140% Surge In China's EV Exports To Record High By Michael Kern of OilPrice.com , Chinese electric vehicle exports soared by 140% to a record high in March as the fuel price shock drove consumers back to EVs. BYD electric vehicles bound for export in China.Source: AFP/Getty Images China exported as many as 349,000 electric vehicles last month, a record high number of any mon...
Oil Price Shock Drives 140% Surge In China's EV Exports To Record High By Michael Kern of OilPrice.com , Chinese electric vehicle exports soared by 140% to a record high in March as the fuel price shock drove consumers back to EVs. BYD electric vehicles bound for export in China.Source: AFP/Getty Images China exported as many as 349,000 electric vehicles last month, a record high number of any month ever, according to data from the China Passenger Car Association cited by Bloomberg . Drivers in Asia Pacific, Europe, and the United States started searching for EVs and hybrid options amid soaring fuel prices, following the war in the Middle East. The conflict has trapped more than 10 million barrels per day (bpd) of crude supply at the Strait of Hormuz and hiked international oil prices to $100 per barrel and above, up from $70 before the conflict began. As a result of the rapidly rising fuel prices, consumers are increasingly exploring EV options. Showrooms across Asia, where the fuel crisis was first felt, are bustling with interest from consumers willing to buy EVs. In Australia, the wait times for EVs have soared to by several months, the Australian Financial Review reports . BYD, China's biggest EV manufacturer and top exporter, has said that the average wait time for its top-selling Sealion 7 and Atto 2 models has blown out to between two and three months, up from two to three weeks. Autotrader, the UK's largest automotive marketplace, reported a surge in EV interest since the first bombing on Iran on February 28. “Our data shows a sharp rise in both new and used EV leads since the war began at the end of February, with used EV enquiries hitting record levels on the Autotrader marketplace,” Ian Plummer, Chief Customer Officer at Autotrader, said at the end of March. “When people feel that traditional fuel is vulnerable to global events, the appeal of electric becomes far stronger so the conflict is acting as a significant catalyst for EV interest across the UK m...
A cash-heavy balance sheet is often a sign of strength, but not always. Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow.
A cash-heavy balance sheet is often a sign of strength, but not always. Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow.
Ascend Elements said that it will be filing for Chapter 11 bankruptcy in the wake of a canceled government grant and a challenging market for lithium-ion batteries.
Ascend Elements said that it will be filing for Chapter 11 bankruptcy in the wake of a canceled government grant and a challenging market for lithium-ion batteries.
Reinhard Krull/iStock via Getty Images Invivyd Overview Invivyd, Inc. ( IVVD ) is gaining some attention after providing an update on its COVID-19 trial evaluating its experimental monoclonal antibody, VYD2311. Data by YCharts I’ll admit that I was a bit surprised by the stock’s positive reaction. Basically, the DECLARATION study got upsized, which means it’s running slower and/or weaker than hope...
Reinhard Krull/iStock via Getty Images Invivyd Overview Invivyd, Inc. ( IVVD ) is gaining some attention after providing an update on its COVID-19 trial evaluating its experimental monoclonal antibody, VYD2311. Data by YCharts I’ll admit that I was a bit surprised by the stock’s positive reaction. Basically, the DECLARATION study got upsized, which means it’s running slower and/or weaker than hoped. Given the decline in COVID-19 cases , this was somewhat expected. To prove VYD2311 works, a minimal number of events need to happen. I last covered Invivyd in November. The article followed Merck’s acquisition of Cidara, which, like Invivyd, was, too, developing long-acting infectious disease drugs. However, I cautioned that the readthrough was limited. Cidara’s focus was on a stable and established influenza market. Whereas Invivyd targets a much smaller and more uncertain COVID-19 market. I also thought that VYD2311 is an incremental improvement over its current COVID-19 monoclonal antibody product, Pemgarda. I ended with a Sell rating on IVVD. Its stock has since dropped ~33%. I take another look below. Recent Developments Although Invivyd noted that DECLARATION “can already provide sufficient statistical power to support the high end of anticipated VYD2311 efficacy," it is adding 500 subjects (~28% expansion). This basically admits that if the drug works really well, the current dataset is fine. The upsizing implies Invivyd doesn’t want to bet on the “high end,” which is the safe bet. This update will result in a ~2-month delay. So this isn’t necessarily a “bad” thing. But it is almost certainly not a “good” thing. There’s also a possibility for another delay, which could push VYD2311 back an entire “season.” For the most part, VYD2311 remains “on track” to replace Pemgarda (see pipeline ), which currently has EUA from the FDA. Invivyd is also developing VYD2311 for “Long COVID,” for which no treatment exists. Within the same press release , Invivyd also revealed a n...
Wall Street is debuting a new product that will give investors a way to wager against private credit. S&P Global Inc. is working with banks including JPMorgan Chase & Co. and Morgan Stanley to roll out the S&P CDX Financials Index , a credit-default swaps benchmark set to begin trading Monday that will protect against defaults by members of the gauge, including private credit funds. Read More: DIS...
Wall Street is debuting a new product that will give investors a way to wager against private credit. S&P Global Inc. is working with banks including JPMorgan Chase & Co. and Morgan Stanley to roll out the S&P CDX Financials Index , a credit-default swaps benchmark set to begin trading Monday that will protect against defaults by members of the gauge, including private credit funds. Read More: DISTRESS WATCH: Private Credit Woes Bring New Tools for Hedging About 12% of the index will be tied to private debt funds managed by Apollo Global Management Inc. , Ares Management Corp. and Blackstone Inc. , giving investors a way to take positions on and hedge risks across the $1.8 trillion market. Wall Street banks and financial firms are seizing on recent concerns over the health of private credit to roll out new hedging products. Bloomberg reported last month that Goldman Sachs Group Inc. and JPMorgan were among a handful of investment banks that have assembled baskets of listed companies with exposure to the industry. “If you look at other ways that are out there to hedge private credit, there are kind of proxy ways to approach the market,” S&P Dow Jones Indices’ Nicholas Godec, who helped create the new product, said in an interview. “Here, you actually have the CDS being written on the BDCs themselves, so directly on these private credit issuers,” he said, referring to business development companies, a type of private credit fund. Representatives for Ares and Blackstone declined to comment, while Apollo didn’t respond to requests for comment. Ares Plans a Smaller Private Credit Fund With Less Leverage Blue Owl Reels as Investors Who Fueled Its Growth Now Want Out Blackstone Squeezes Thoma Bravo and Its Ailing Software Company Goldman Tells Clients Eager to Short Loans Its Tool Isn’t Ready The three private credit funds — Apollo Debt Solutions BDC , Ares Capital Corp. and Blackstone Private Credit Fund — are among 25 North American financial institutions that make up th...
Erik Isakson/DigitalVision via Getty Images WhiteFiber ( WYFI ) shares jumped 7% on Friday after BTIG initiated coverage on the data center infrastructure company with a Buy rating and a $20 price target. BTIG contends the company's power infrastructure is well-positioned amid tightening market conditions. WhiteFiber has approximately 40 MW of contracted colocation capacity at its North Carolina s...
Erik Isakson/DigitalVision via Getty Images WhiteFiber ( WYFI ) shares jumped 7% on Friday after BTIG initiated coverage on the data center infrastructure company with a Buy rating and a $20 price target. BTIG contends the company's power infrastructure is well-positioned amid tightening market conditions. WhiteFiber has approximately 40 MW of contracted colocation capacity at its North Carolina site with Nscale. Another 59 MW of uncontracted capacity at the site is expected to come online in the second half of 2027. The company is also exploring adding 100 MW at the location. WhiteFiber is a vertically integrated AI and HPC infrastructure solution provider. It utilizes Nvidia's ( NVDA ) high-performance GPU clusters and Tier-3 data centers optimized for AI to train, deploy, and scale. The company first went public in August 2025. In its most recent financial results , the company reported 61% year-over-year revenue growth. More on WhiteFiber, Inc. WhiteFiber: Look Past Q4 Noise For The $865M NC-1 Inflection Point WhiteFiber, Inc. (WYFI) Q4 2025 Earnings Call Transcript Bit Digital held 155,239.4 Ethereum as of January 2026 WhiteFiber prices $210M convertible notes offering Historical earnings data for WhiteFiber, Inc.
When most investors look at the Vanguard S&P 500 ETF (NYSEMKT: VOO) , they see nothing more than a broad-based, low-fee index fund. What they overlook, however, is a deeper truth hiding in plain sight: Investing in the S&P 500 doesn't just give you access to the stock market. It also makes you an owner of every pillar supporting the American economy. Image source: Getty Images. The S&P 500 index i...
When most investors look at the Vanguard S&P 500 ETF (NYSEMKT: VOO) , they see nothing more than a broad-based, low-fee index fund. What they overlook, however, is a deeper truth hiding in plain sight: Investing in the S&P 500 doesn't just give you access to the stock market. It also makes you an owner of every pillar supporting the American economy. Image source: Getty Images. The S&P 500 index isn't a static list of companies. When you buy the Vanguard S&P 500 ETF, you aren't buying a snapshot. You're accessing a mechanism that automatically replaces losers with winners year after year. Continue reading
Vista Equity Partners正瞄准软件信贷周期中较为疲软的阶段，计划募集2.5亿美元的新战术基金，用于购买折价债务。这只Vista战术信贷基金预计将重点关注与软件和科技公司相关的私募和银团贷款，尤其是服务于金融、合规和医疗保健市场的企业。据知情人士透露，该策略还可能包括根据市场条件有选择地购买与Vista投资组合公司相关的债务，使该机构能够在定价调整最显著的领域灵活配置资本。 这一机...
Vista Equity Partners正瞄准软件信贷周期中较为疲软的阶段，计划募集2.5亿美元的新战术基金，用于购买折价债务。这只Vista战术信贷基金预计将重点关注与软件和科技公司相关的私募和银团贷款，尤其是服务于金融、合规和医疗保健市场的企业。据知情人士透露，该策略还可能包括根据市场条件有选择地购买与Vista投资组合公司相关的债务，使该机构能够在定价调整最显著的领域灵活配置资本。 这一机会出现之际，软件相关的信贷市场正因人工智能带来的不确定性日益增加而面临压力。晨星LSTA美国软件与服务贷款指数第一季度总回报率下跌5%，创下自2022年以来最大季度跌幅。这一走势可能为具备行业专业知识的投资者创造了入场机会。据报道，管理着超过100亿美元资产的Vista Credit正力争在6月底前完成首次交割。这一布局表明，软件债务当前的估值可能既反映了基本面信用恶化，也反映了情绪驱动的担忧。 与此同时，Vista Equity Partners的领导层表示，企业软件的基本面可能比近期市场走势所暗示的要好。首席执行官罗伯特·史密斯在最近的一篇领英帖子中表示，软件相关资产的波动主要是由市场情绪和不确定性驱动的，而非业绩表现。他指出了企业软件的“关键任务”属性以及Vista投资组合中稳定的客户留存率，这些因素可能支持该机构在市场仍处于错位状态时介入的意愿。 责任编辑：张俊 SF065
Ollie Pope’s 103 and Jamie Smith’s 166 helped Surrey’s many England batters take charge against Leicestershire Midway through its fifth day of action, the first of its second round of fixtures, Ollie Pope became the 11th person to score a century in Division One of the County Championship this season – and five of those play for Surrey. Jamie Smith already has two. The pre-season title favourites ...
Ollie Pope’s 103 and Jamie Smith’s 166 helped Surrey’s many England batters take charge against Leicestershire Midway through its fifth day of action, the first of its second round of fixtures, Ollie Pope became the 11th person to score a century in Division One of the County Championship this season – and five of those play for Surrey. Jamie Smith already has two. The pre-season title favourites may have drawn their opening game but they are looking ominous, in this game and in general, and at stumps were 412 for six. Things also look ominous for Leicestershire, if in a rather different way, as they settle into the top flight after last year’s promotion. Beaten by Sussex in their season opener, by the second session here, as Smith and Pope cantered towards triple figures, they looked equally underresourced in confidence, ideas and quality. They were buoyed somewhat by a couple of late wickets, if not by glances at the scoreboard. Continue reading...
Intel is set to report its first-quarter results against a backdrop of ongoing transformation. Its Q1 financials may reflect lingering supply constraints.
Intel is set to report its first-quarter results against a backdrop of ongoing transformation. Its Q1 financials may reflect lingering supply constraints.