Japan approved ¥631.5 billion ($4 billion) in additional subsidies to quicken Rapidus Corp. into the intensely competitive AI chipmaking arena, ramping up financial support for a signature project widely regarded as a long shot. The capital is intended to bankroll Rapidus’ work for IT firm Fujitsu Ltd. , one of the initial clients that Tokyo hopes will get the signature endeavor off the ground. Th...
Japan approved ¥631.5 billion ($4 billion) in additional subsidies to quicken Rapidus Corp. into the intensely competitive AI chipmaking arena, ramping up financial support for a signature project widely regarded as a long shot. The capital is intended to bankroll Rapidus’ work for IT firm Fujitsu Ltd. , one of the initial clients that Tokyo hopes will get the signature endeavor off the ground. The new money raises the fees and investments that the government is injecting into the startup to ¥2.6 trillion ($16.3 billion) by the end of the current fiscal year to March 2027, the Economy Ministry said Saturday. An external committee inspected Rapidus’ foundry in Hokkaido in northern Japan, and signed off on its technological progress, the ministry said. The fledgling company, which last year began developing wafers using 2-nanometer technology, aims to mass-produce cutting-edge semiconductors by 2027 and help Japan lower its reliance on industry leader Taiwan Semiconductor Manufacturing Co. Policymakers see Rapidus’ success and technological independence in AI, robotics and quantum computing as critical to the country’s security. The Japanese chipmaker remains far behind TSMC, which began 2nm volume production last year and is the go-to chipmaker for Nvidia Corp. and Apple Inc. In addition to technological hurdles, Rapidus — like other manufacturers in resource-poor Japan — are getting squeezed by rising costs for energy and material input during the conflict in the Middle East. Tokyo is counting on Rapidus at a time soaring demand for the chips critical to AI development is squeezing supplies of memory and other semiconductors around the world, threatening economic stability. Rapidus, which targets an initial public offering around fiscal 2031, aims to secure roughly ¥3 trillion in private-sector financing partly with the help of government loan guarantees, the ministry said in a statement. It has set up an analysis facility in Chitose, Hokkaido to test and diagnose R...
The developer of Hong Kong’s Discovery Bay has proposed allowing unrestricted taxi access and adding four new ranks in the resort-style seaside community on Lantau Island, submitting a paper to the District Council despite recent resident backlash. In the paper submitted to the Islands District Council, Hong Kong Resort Company said the current lack of point-to-point public transport “severely imp...
The developer of Hong Kong’s Discovery Bay has proposed allowing unrestricted taxi access and adding four new ranks in the resort-style seaside community on Lantau Island, submitting a paper to the District Council despite recent resident backlash. In the paper submitted to the Islands District Council, Hong Kong Resort Company said the current lack of point-to-point public transport “severely impacts residents’ daily lives” and that it had received hundreds of messages of support for the...
The average one-year price target for LANXESS Aktiengesellschaft (BIT:1LXS) has been revised to €17.66 / share. This is a decrease of 11.53% from the prior estimate of €19.97 dated February 23, 2026. The price target is an average of many targets provided by a
The average one-year price target for LANXESS Aktiengesellschaft (BIT:1LXS) has been revised to €17.66 / share. This is a decrease of 11.53% from the prior estimate of €19.97 dated February 23, 2026. The price target is an average of many targets provided by a
格隆汇4月11日｜特朗普在社交平台发文称：我很高兴地宣布，就在今天，我的政府已正式向美术委员会提交了关于建造一座堪称全球最宏伟、最美丽的凯旋门的方案和计划。这座凯旋门将成为华盛顿特区的一大瑰宝，让全体美国人在未来数十年里都能尽情欣赏！ 据悉，该纪念建筑将采用华丽风格，顶部设有一尊高耸的带翼雕像，手持类似自由女神的火炬与皇冠，两侧有雄鹰环绕，并由四只狮子守护，整体外观以镀金呈现。旋门自基座至雕像火炬顶端高度约250尺。建筑两侧将以金色字样刻上“One Nation Under God”与“Liberty and Justice for All”。
Welcome to the fog of truce. It comes with some potential good news. Maybe the war has peaked, maybe the stock market has bottomed. But we can’t really be sure of either of these things. That’s not how modern geopolitical risk works. So you still will be wanting to keep your risk levels relatively low and your portfolio diversified. But how? The usual diversifier—bonds—doesn’t work anymore. For th...
Welcome to the fog of truce. It comes with some potential good news. Maybe the war has peaked, maybe the stock market has bottomed. But we can’t really be sure of either of these things. That’s not how modern geopolitical risk works. So you still will be wanting to keep your risk levels relatively low and your portfolio diversified. But how? The usual diversifier—bonds—doesn’t work anymore. For the last five years, bond and equity returns have been positively correlated (they move in the same direction ). That makes sense. If every crisis comes with a risk of stagflation, bonds can’t protect you. That leaves traditional investors with a problem: If the old-fashioned 60/40 portfolio can’t do the job, how do you take a bit of risk out? The financial industry has ideas. This is normal: finance is a solution-peddler (it has, as far as I know, never met a problem it can’t encourage you to pay it to solve). However, there is something of an issue with their solutions: they don’t work. That’s because these days everything is equity. Take private equity, long sold to you as a diversifier. The clue here is in the name. It’s obviously the same as listed equity, just less transparent, less liquid and markedly more expensive . Doesn’t help. Then there’s private credit. The clue here is not in the name. Sounds like it isn’t equity, but there’s a reason it has had such a horrible time recently: because much of the money has been lent to private equity-backed (and now artificial intelligence-traumatized) software companies. Software companies make up around half of private equity deals at the moment. Nasty . Private credit might not present as equity, but right there—that’s your equity risk, baked right in. Then there’s the new entrant to the let-us-help-you-diversify world: crypto. This, say the analysts at AQR Capital Management, is “creeping” into institutional portfolios “under the guise of diversification,” which it quite clearly does not provide. The truth is that the correl...
There are hints of Ted Lasso and Schitt’s Creek in this delightful series in which an unexpected death triggers all manner of fun and games. It’s lovely comfort TV Ah, the roar of the greasepaint – the smell of the crowd! Who doesn’t love the theatre? Or at least the idea of the theatre. Not the fact of the theatre – spending a fortune on a ticket, getting dressed up and going into town, either hu...
There are hints of Ted Lasso and Schitt’s Creek in this delightful series in which an unexpected death triggers all manner of fun and games. It’s lovely comfort TV Ah, the roar of the greasepaint – the smell of the crowd! Who doesn’t love the theatre? Or at least the idea of the theatre. Not the fact of the theatre – spending a fortune on a ticket, getting dressed up and going into town, either hungry or with too early a dinner inside you, trying to suspend enough disbelief to engage with Actors doing Big Acting in front of you when you’re too used to Small Acting watched from the sofa in front of a streaming platform. Then home too late to recover properly before bed. It’s not just me. I know it isn’t. American Classic is on MGM+ Continue reading...
The Ukraine war on our doorstep is a constant threat. Contaminated drinking water is a dangerous new twist In the second week of March, the nature vlogger Ilie Cojocari went out to film the arrival of spring on the Nistru (Dniester) river, 70 metres away from his home in Naslavcea, a village bordering Ukraine on the northernmost point of Moldova. But as he approached the river he could smell the s...
The Ukraine war on our doorstep is a constant threat. Contaminated drinking water is a dangerous new twist In the second week of March, the nature vlogger Ilie Cojocari went out to film the arrival of spring on the Nistru (Dniester) river, 70 metres away from his home in Naslavcea, a village bordering Ukraine on the northernmost point of Moldova. But as he approached the river he could smell the stench of oil rising up from the water and see dark spots floating on its surface. Something was wrong. Two days earlier, Russia had attacked Ukraine’s Novodnistrovsk hydropower complex 15 miles upriver. Cojocari had been kept awake all night by the sound of shelling. “No one slept in the [Moldovan] district of Ocniţa that night,” he told me. Paula Erizanu is a Moldovan journalist and writer based in Chișinău Continue reading...
For decades, Cuban doctors have served the Caribbean’s most marginalised. Now, as Cuba faces its own crisis, the region looks away, waiting on Trump’s approval There is a line, often quoted, seldom practised, from the Christian gospels: “Love thy neighbour as thyself.” It is recited from the Americas to Africa, invoked in speeches, embroidered into national mottoes. But like many moral injunctions...
For decades, Cuban doctors have served the Caribbean’s most marginalised. Now, as Cuba faces its own crisis, the region looks away, waiting on Trump’s approval There is a line, often quoted, seldom practised, from the Christian gospels: “Love thy neighbour as thyself.” It is recited from the Americas to Africa, invoked in speeches, embroidered into national mottoes. But like many moral injunctions, it has proven easier to proclaim than to live by. Across the Caribbean and Latin America, something extraordinary and shameful is unfolding. Continue reading...
Days before Pakistan had helped to secure a ceasefire in the Iran war this week, the United Arab Emirates was seeking repayment of a US$3.5 billion deposit from Islamabad’s central bank. The withdrawal, brushed off as a “routine financial transaction” by Pakistan’s foreign ministry, equated to roughly 21 per cent of the country’s foreign exchange reserves. It was accompanied by a wave of criticism...
Days before Pakistan had helped to secure a ceasefire in the Iran war this week, the United Arab Emirates was seeking repayment of a US$3.5 billion deposit from Islamabad’s central bank. The withdrawal, brushed off as a “routine financial transaction” by Pakistan’s foreign ministry, equated to roughly 21 per cent of the country’s foreign exchange reserves. It was accompanied by a wave of criticism on Emirati social media directed at Islamabad. “When our security is directly threatened, we hear...
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This is the forum for daily political discussion on Seeking Alpha. A new version is published every market day. Please don't leave political comments on other articles or posts on the site. The comments below are not regulated with the same rigor as the rest of the site, and this is an 'enter at your own risk' area as discussion can get very heated. If you can't stand the heat... you know what they say... More on Today's Markets: Moderation Guidelines: We remove comments under the following categories: Personal attacks on another user account Anti-Vaxxer or covid related misinformation Stereotyping, prejudiced or racist language about individuals or the topic under discussion. Inciting violence messages, encouraging hate groups and political violence. Regardless of which side of the political divide you find yourself, please be courteous and don't direct abuse at other users. For any issue with regards to comments please email us at : moderation@seekingalpha.com. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
JHVEPhoto/iStock Editorial via Getty Images As we get into the meat of the new year, Comcast ( CMCSA ) is beginning to show some signs of life after almost a decade in the doldrums. As someone who’s been urging my readers to avoid Comcast for years , I wanted to look at these latest developments. My conclusion is that Comcast is finally getting interesting…but it may be worth waiting a little long...
JHVEPhoto/iStock Editorial via Getty Images As we get into the meat of the new year, Comcast ( CMCSA ) is beginning to show some signs of life after almost a decade in the doldrums. As someone who’s been urging my readers to avoid Comcast for years , I wanted to look at these latest developments. My conclusion is that Comcast is finally getting interesting…but it may be worth waiting a little longer, as more bad news could drive it even lower. Is There No Bottom? I have to admit, I was not prepared to see a P/E ratio quite so low when I began my research. Comcast has had a relatively low multiple for years now , but when I saw it drop to 9 at the end of 2024, I did not expect to be writing a year later about a ratio at 5. If you’re looking for a reason to be bullish on Comcast, this is hands down the biggest one you’ll find: it certainly looks like it's on sale. The counterpoint to that is this: Comcast has been “on sale” for years, and it just keeps dropping. P/E multiples have their place, but they are best used to measure stable businesses; when a company’s core profit engine is under threat - wireline broadband, in Comcast’s case - a multiple can be deceiving; we buy 20-25 years of earnings when we expect those earnings to continue, but if you think they’ll come to a screeching halt in 5 years, then a 5x multiple isn’t so ridiculous. The key question an investor in Comcast has to answer is if the threat to its broadband profits has been addressed, and/or whether a new profit engine has emerged to take its place. That question is a good deal harder. Facing The Broadband Music, At Last After almost four years of burying its head in the sand, Comcast management has finally begun to take the broadband threat seriously. T-Mobile ( TMUS ) and Verizon ( VZ ) have been poaching broadband customers for years - roughly 13 million of them combined to this point - and AT&T ( T ) will now join the party in earnest. After years of spectrum shortages brought on by catastrophic...
The average one-year price target for Alvotech (ICSE:ALVO) has been revised to ISK937.60 / share. This is a decrease of 10.26% from the prior estimate of ISK1,044.77 dated February 23, 2026. The price target is an average of many targets provided by analysts.
The average one-year price target for Alvotech (ICSE:ALVO) has been revised to ISK937.60 / share. This is a decrease of 10.26% from the prior estimate of ISK1,044.77 dated February 23, 2026. The price target is an average of many targets provided by analysts.