Vertigo3d/E+ via Getty Images Lumentum's ( LITE ) recent design wins, including the upcoming production ramp of its 100G and 200G EML chipsets in 800G and 1.6T optical modules, could send the stock to more than $1,000 per share, according to BNP Paribas Equity Research. "Lumentum made a compelling case of attaining over $30 in annualized EPS by the end of C2028, which is supported by new design wi...
Vertigo3d/E+ via Getty Images Lumentum's ( LITE ) recent design wins, including the upcoming production ramp of its 100G and 200G EML chipsets in 800G and 1.6T optical modules, could send the stock to more than $1,000 per share, according to BNP Paribas Equity Research. "Lumentum made a compelling case of attaining over $30 in annualized EPS by the end of C2028, which is supported by new design wins across its leading laser portfolio of EML chipsets for 800G and 1.6T transceivers, 400mW ultra-high-powered lasers used in Nvidia's ( NVDA ) co-packaged optical switches, and its own MEMS-based optical circuit switch that we believe is primarily used in Google's ( GOOG )( GOOGL ) TPU 3D Taurus network topology," said BNP Paribas analyst Karl Ackerman regarding Lumentum's investor briefing on March 17. "Lumentum articulated there is upside to its ~$8B annualized sales and ~40% OpM target from additional EML capacity as its newly purchased Greensboro fab from Qorvo comes online in early 2028." BNP Paribas increased its price target on Lumentum to $1,040 from $625 and reiterated its Outperform rating. "We are raising our out-year estimates to account for the company's new multi-year, multi-billion-dollar optical circuit switch win," Ackerman added. "Our estimates also include higher volume expectations of 400mW ultra-high-powered lasers following Nvidia's recent $2B investment to secure multi-year capacity, as Nvidia seeks to ramp co-packaged optical switches in upcoming Vera Rubin AI infrastructure." BNP increased its calendar year 2027 earnings per share estimate to $25.89 from $19.40. Its implied EPS estimate for CY2028 is now $38.95. Lumentum shares were up 2% by afternoon trading on Monday. More on Lumentum Why Lumentum Is A Buy Despite The Run-Up Lumentum Holdings Inc. (LITE) Discusses Illuminating the Networks of Tomorrow and Industry Trends Transcript Lumentum Holdings Inc. (LITE) Discusses Illuminating the Networks of Tomorrow and Industry Trends - Slideshow Lument...
Alibaba Group Holding Limited (NYSE:BABA) is one of the Top Wide Moat Stocks to Buy for Long Term Growth. On March 19, Jefferies reduced its price objective on the company’s stock to $212 from $225 and kept a “Buy” rating. The revised price objective comes after Alibaba Group Holding Limited (NYSE:BABA)’s results for the quarter ended December. As per the management, Alibaba’s Taobao and Tmall Gro...
Alibaba Group Holding Limited (NYSE:BABA) is one of the Top Wide Moat Stocks to Buy for Long Term Growth. On March 19, Jefferies reduced its price objective on the company’s stock to $212 from $225 and kept a “Buy” rating. The revised price objective comes after Alibaba Group Holding Limited (NYSE:BABA)’s results for the quarter ended December. As per the management, Alibaba’s Taobao and Tmall Group continue to focus on leveraging Agentic AI throughout enterprises and consumers. Jefferies Lowers PT on Alibaba Group Holding Limited (BABA) Stock Notably, the external cloud revenue can see a CAGR of more than 40%, touching $100 billion over the span of 5 years. The Model-as-a-Service can act as a critical driver. The losses from the international digital commerce user experience should narrow in March 2026 compared to December 2025. The firm also believes Alibaba Group Holding Limited (NYSE:BABA) remains well-placed to tap the consumption opportunities. Also, the firm noted its positioning to capitalize on opportunities across AI and cloud. Alibaba Group Holding Limited (NYSE:BABA) offers technology infrastructure and marketing reach. While we acknowledge the potential of BABA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best FMCG Stocks to Invest In According to Analysts and 11 Best Long-Term Tech Stocks to Buy According to Analysts. Disclosure: None. Follow Insider Monkey on Google News.
翟雋：中國撤離4,000多名包括台灣同胞在內中國公民 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】中國政府中東問題特使翟雋表示，中方在中東局勢升級後已第一時間安全轉移包括台灣同胞在內的中國公民。 翟雋：「中東緊...
翟雋：中國撤離4,000多名包括台灣同胞在內中國公民 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】中國政府中東問題特使翟雋表示，中方在中東局勢升級後已第一時間安全轉移包括台灣同胞在內的中國公民。 翟雋：「中東緊張局勢升級之後，我們中方第一時間啟動了中國公民緊急保護和轉移撤離的工作，我們協助4,000多名中國公民從伊朗以及伊朗周邊國家，受戰火波及的國家撤出，還有1萬多包括台灣同胞在內的滯留在這個地區的旅客，也把他們安全轉移到其它的地方。」 霍爾木茲海峽目前仍處於關閉狀態，被問到中方船隻是否被伊朗允許通過以及中國是否考慮加入美國提出的護航聯盟時，翟雋呼籲有關方面首先停止軍事行動，避免緊張事態進一步升級。中方正在就海峽當前局勢與各方保持溝通，希望海峽局勢能夠降溫，實現停火，以解決海峽過航的根本問題。
New York City’s transit agency is set to approve a $1 billion excavation contract as part of its Second Avenue subway expansion — but the deal might be stalled if federal funds for the project are not released. While the board of the Metropolitan Transportation Authority is expected to authorize the agreement on Wednesday, the transit agency won’t be able to enter the contract until it receives ab...
New York City’s transit agency is set to approve a $1 billion excavation contract as part of its Second Avenue subway expansion — but the deal might be stalled if federal funds for the project are not released. While the board of the Metropolitan Transportation Authority is expected to authorize the agreement on Wednesday, the transit agency won’t be able to enter the contract until it receives about $60 million of suspended funds, according to MTA officials. The operator of the city’s subways, buses and commuter rails last week sued the Trump administration for the money, which has been on hold since October as the US Department of Transportation reviews the transit agency’s contracting process. Read More: NY’s MTA Sues Trump Administration Over Frozen Subway Funds MTA officials have warned that the $7 billion subway project is at risk of delays if it is unable to enter into the excavation contract on schedule. Getting board approval this week will allow the agency to ink the contract once the federal funding is resolved, Jamie Torres-Springer , head of construction and development at the MTA, said Monday during a committee meeting for MTA’s capital program. “There is the unnecessary uncertainty regarding the federal government’s meeting its obligations to reimburse the MTA for funds that are expended on this project,” Torres-Springer said. “And so as we’ve noted, this may impact the timing of the award.” The project calls for building three new subway stations that would extend the Second Avenue subway from 96th Street to 125th Street. When complete it will provide mass-transit service to East Harlem residents, who have been waiting decades for subway access in their community. The $1 billion contract is for excavating and digging a tunnel for a new station at 106th Street. The MTA plans to award the contract to a joint venture that includes Skanska USA Civil Northeast , Walsh Construction Company II , and Traylor Bros. , according to a summary of the agreement. T...
Torsten Asmus/iStock via Getty Images Tech Stocks Slide As Iran War Escalates Tech stocks dipped as the Iran war escalated last week, with investors weighing the impact of higher energy prices , global supply chain disruptions, inflation, and interest rate hikes . After underperforming on Friday, the S&P 500 Technology Sector ( XLK ) was down about 6% year-to-date, led by a selloff in AI infrastru...
Torsten Asmus/iStock via Getty Images Tech Stocks Slide As Iran War Escalates Tech stocks dipped as the Iran war escalated last week, with investors weighing the impact of higher energy prices , global supply chain disruptions, inflation, and interest rate hikes . After underperforming on Friday, the S&P 500 Technology Sector ( XLK ) was down about 6% year-to-date, led by a selloff in AI infrastructure and microchip stocks. Markets rebounded after President Donald Trump said a deal with Iran could be reached soon. However, traders on Polymarket have odds at less than 40% that traffic normalizes in the Strait of Hormuz by the end of April. Polymarket Tech stocks had been underperforming before the conflict erupted, weighed down by stretched valuation concerns and excessive AI capital spending. However, the sector’s earnings outlook has grown stronger. Earnings forecasts for S&P 500 tech stocks have surged since the beginning of the year, with analysts now expecting the sector’s EPS to rise nearly 45% in Q1 2026, up from 34% estimated on December 31, according to FactSet data . FactSet As I mentioned in my piece Buy The Dip: Best Stocks With Forward EPS Growth Above 40% , recent declines in high-quality stocks appear to be driven largely by external factors rather than by any deterioration in underlying business performance. A disciplined, data-driven approach and quantitative tools can help investors identify stocks with solid fundamentals that look even more attractive after the broader selloff. How I Chose Top Tech Stocks To Buy On The Dip Using Seeking Alpha’s Stock Screener , I filtered for Strong Buy tech stocks that were hit hard at the end of last week and/or beaten down in the past month, showcasing strong momentum grades while trading at significant discounts to the sector based on each stock’s PEG ratio – a valuation metric that factors in both a company’s earnings multiple and its expected growth. Seeking Alpha Quant Ratings are generated by a proprietary ...
As a fuel crisis triggered by the war in Iran drives up global fossil fuel prices, the Trump administration has announced it will pay French energy major TotalEnergies $1bn to kill plans to construct wind farms off the US east coast. The deal is the latest blow to the US offshore wind industry, which has faced repeated disruptions to multi-billion-dollar projects under Donald Trump. Trump has said...
As a fuel crisis triggered by the war in Iran drives up global fossil fuel prices, the Trump administration has announced it will pay French energy major TotalEnergies $1bn to kill plans to construct wind farms off the US east coast. The deal is the latest blow to the US offshore wind industry, which has faced repeated disruptions to multi-billion-dollar projects under Donald Trump. Trump has said he finds wind turbines ugly, costly and inefficient, and his administration has moved to increase domestic fossil fuel production. In the deal announced Monday, TotalEnergies will give up two offshore leases it had purchased off New York and North Carolina. Trump’s Department of the Interior will reimburse the company the $928m it paid for the leases under Joe Biden. TotalEnergies has pledged not to develop any new offshore wind projects in the country, a US Department of the Interior statement said, and will invest nearly $1bn this year in the development of four trains at the Rio Grande LNG plant in Texas, and the development of upstream conventional oil in the US Gulf and shale gas production, the statement said. The deal comes as US-Israeli strikes on Iran have triggered the largest ever disruption to oil supply, according to the International Energy Agency, and as climate advocates say the conflict is highlighting the perils of a fossil fuel-based energy system. “This is political theater meant to obscure the fact that offshore wind capacity is being pulled out of the pipeline when energy prices are skyrocketing, even as other offshore wind projects continue delivering reliable and affordable power to the grid,” Sam Salustro, a senior vice-president of pro-offshore wind group Oceantic Network, said in a statement. “Paying to remove affordable, homegrown energy out of the equation leaves American consumers struggling to pay their electricity bills.” It also follows attempts by the Trump administration last year to end the construction of five wind farms along the east ...
Natalia Kopyltsova/iStock via Getty Images I love cheap, unloved assets with upside. I do mean "love." In this article, I'm going to cover a company that I believe offers investors cheap, undervalued assets with an upside - and I'm going to qualify my statement and assumptions with facts. The company in my sights is Healthpeak ( DOC ). I haven't been a prolific coverage analyst when it comes to RE...
Natalia Kopyltsova/iStock via Getty Images I love cheap, unloved assets with upside. I do mean "love." In this article, I'm going to cover a company that I believe offers investors cheap, undervalued assets with an upside - and I'm going to qualify my statement and assumptions with facts. The company in my sights is Healthpeak ( DOC ). I haven't been a prolific coverage analyst when it comes to REITs for the past 1-2 years, but the fact is that this has to do with valuation. I recently covered the self-storage space, both with mergers and companies that I believed to be overvalued. I believe a large part of REIT-dom is currently going through a bit of a valuation renaissance, and companies in the sector are (for the most part) struggling a lot more than they're letting on. The combinations of expense increases they can literally do nothing about (like taxes), combined with increases they can do very little about if they want to continue operating (inflation, other opex), leave even many triple-nets open to valuation compression. As I said in my Extra Storage Space ( EXR ) article, companies are trying different methods to fight this are one (even if they are done at relatively high prices). The best thing I believe can be done about this is to make sure you're buying the companies knowing your targets. Knowing that you're buying at a well-established, great price, and when you buy, already having your exits provided for you. That's what I try to bring to the table. Many investors and analysts only say when to buy, but they're a little less clear about when it could be a good idea to rotate. I understand why. Telling someone it's time to rotate is in essence the same as somehow telling them that things won't go up more - and often times, or at least sometimes, they end up doing just that. It's a hard position to be in. I often end up selling companies too early. Many analysts don't want to be in that position. I don't mind it one bit. Why? Because dear readers, there...
SPDR S&P Kensho Intelligent Structures ETF ( SIMS ) - $0.0597 . 30-Day SEC Yield of 0.37% as of Mar. 19. Payable Mar 25; for shareholders of record Mar 23; ex-div Mar 23. More on SPDR S&P Kensho Intelligent Structures ETF Dividend scorecard for SPDR S&P Kensho Intelligent Structures ETF
SPDR S&P Kensho Intelligent Structures ETF ( SIMS ) - $0.0597 . 30-Day SEC Yield of 0.37% as of Mar. 19. Payable Mar 25; for shareholders of record Mar 23; ex-div Mar 23. More on SPDR S&P Kensho Intelligent Structures ETF Dividend scorecard for SPDR S&P Kensho Intelligent Structures ETF
It's been tough to be a Qualcomm (QCOM 1.10%) shareholder lately. The stock price is down 28% just since its early January peak and is still knocking on the door of a new 52-week low. Blame the global shortage of memory chips, mostly, which undermined its guidance for the fiscal second quarter now underway. The company's looking for sales of somewhere between $10.2 billion and $11 billion, versus ...
It's been tough to be a Qualcomm (QCOM 1.10%) shareholder lately. The stock price is down 28% just since its early January peak and is still knocking on the door of a new 52-week low. Blame the global shortage of memory chips, mostly, which undermined its guidance for the fiscal second quarter now underway. The company's looking for sales of somewhere between $10.2 billion and $11 billion, versus consensus estimates of $11.1 billion. Growing competition and the stock's frothy valuation were also a concern. The market's response to all of it makes enough superficial sense. Now take a step back and look at the bigger picture. The pullback hurt, to be sure, but it only considers what's happening right now. Smart investors are looking a year, five years, and even 10 years into the future. And in those time frames, Qualcomm is an incredibly promising prospect. Looking back, this dip is apt to be an incredible buying opportunity. Versatile, high-performance computing tech You may know Qualcomm best as a smartphone name. Although it no longer makes its own branded handhelds, its tech -- like the powerful Snapdragon processor -- is still found in plenty of mobile devices. That's not all this company is anymore, though. While mobile is still its big profit center, its future is far more diversified. The same power-efficient, artificial intelligence (AI)-capable know-how that's packed into the Snapdragon processor found in several smartphones, as it turns out, is just as capable of handling applications ranging from "smart" automobiles to AI-capable laptops to advanced autonomous robotics to virtual reality goggles, and more. Expand NASDAQ : QCOM Qualcomm Today's Change ( -1.10 %) $ -1.43 Current Price $ 128.47 Key Data Points Market Cap $139B Day's Range $ 127.41 - $ 133.97 52wk Range $ 120.80 - $ 205.95 Volume 6.2M Avg Vol 11M Gross Margin 55.10 % Dividend Yield 2.74 % On the surface, all of it just seems like the inevitable evolution of a respectable computer processing pl...
Key Points Disappointing Q2 guidance is the chief reason Qualcomm shares have struggled of late, although broad, pronounced weakness from most AI stocks is a key factor as well. Once the memory shortage abates and global economic stability is restored, however, the market’s apt to reverse course. Interested investors may be better served by stepping in sooner rather than later, despite the near-te...
Key Points Disappointing Q2 guidance is the chief reason Qualcomm shares have struggled of late, although broad, pronounced weakness from most AI stocks is a key factor as well. Once the memory shortage abates and global economic stability is restored, however, the market’s apt to reverse course. Interested investors may be better served by stepping in sooner rather than later, despite the near-term volatility that’s sure to linger. 10 stocks we like better than Qualcomm › It's been tough to be a Qualcomm (NASDAQ: QCOM) shareholder lately. The stock price is down 28% just since its early January peak and is still knocking on the door of a new 52-week low. Blame the global shortage of memory chips, mostly, which undermined its guidance for the fiscal second quarter now underway. The company's looking for sales of somewhere between $10.2 billion and $11 billion, versus consensus estimates of $11.1 billion. Growing competition and the stock's frothy valuation were also a concern. The market's response to all of it makes enough superficial sense. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Now take a step back and look at the bigger picture. The pullback hurt, to be sure, but it only considers what's happening right now. Smart investors are looking a year, five years, and even 10 years into the future. And in those time frames, Qualcomm is an incredibly promising prospect. Looking back, this dip is apt to be an incredible buying opportunity. Versatile, high-performance computing tech You may know Qualcomm best as a smartphone name. Although it no longer makes its own branded handhelds, its tech -- like the powerful Snapdragon processor -- is still found in plenty of mobile devices. That's not all this company is anymore, though. While mobile is still its big profit center, its future is far more d...
U.S. President Donald Trump's Mar-a-Lago property in Palm Beach, Florida. Marco Bello | Reuters Emily Gregory , a small business owner and first time candidate for elected office, is looking to score an upset in a Florida special election on Tuesday to represent Mar-a-Lago in the state legislature. Gregory is a Democrat running for state House District 87 , which runs up the coast of southeast Flo...
U.S. President Donald Trump's Mar-a-Lago property in Palm Beach, Florida. Marco Bello | Reuters Emily Gregory , a small business owner and first time candidate for elected office, is looking to score an upset in a Florida special election on Tuesday to represent Mar-a-Lago in the state legislature. Gregory is a Democrat running for state House District 87 , which runs up the coast of southeast Florida and includes Palm Beach — where President Donald Trump 's home and resort is located — South Palm Beach and Juno Beach. "It is the kind of district that fits just kind of outside the bubble of what we've seen Democratic over-performance in these targeted races," Heather Williams, president of the Democratic Legislative Campaign Committee said in an interview with journalists from CNBC and MS Now. "We could win it. If we don't win it it's not going to be a surprise." Gregory is squaring off against Trump-endorsed candidate Jon Maples — a financial advisor and former college basketball player — in a district the GOP has controlled since 2022. Republican Mike Caruso, who represented the area in the state House until his resignation in 2025, won reelection in 2024 by 19 points . But as Trump's approval ratings dip and Democrats throughout the country are showing gains in special elections , Gregory and her supporters see an opportunity to play spoiler and potentially pick up a seat with major symbolic value. Read more CNBC politics coverage Trump threatens to send ICE to airports if DHS shutdown doesn't end Former special counsel Robert Mueller has died at 81 Analysis: Trump's unshackled presidency puts him at the center of the economy Trump administration sues Harvard alleging failure to protect Jewish students Trump administration unveils national AI policy framework to limit state power Trump invokes Pearl Harbor in front of Japanese prime minister Public relations firm picks bar fight with Polymarket Iran war-induced fertilizer shortage threatens farm state GOP in midt...
wellesenterprises/iStock Editorial via Getty Images Fast Retailing Co.'s ( FRCOY ) ( FRCOF ) Uniqlo inked a historic field-naming rights deal with the Los Angeles Dodgers. The agreement gives the Japanese apparel brand naming rights to the playing surface at Dodger Stadium, while the ballpark itself keeps its traditional name. Under the terms of the deal, Dodger Stadium is expected to be called "U...
wellesenterprises/iStock Editorial via Getty Images Fast Retailing Co.'s ( FRCOY ) ( FRCOF ) Uniqlo inked a historic field-naming rights deal with the Los Angeles Dodgers. The agreement gives the Japanese apparel brand naming rights to the playing surface at Dodger Stadium, while the ballpark itself keeps its traditional name. Under the terms of the deal, Dodger Stadium is expected to be called "Uniqlo Field at Dodger Stadium" in all formal references and signage. The deal marks the first time in the 64‑year history of Dodger Stadium that any part of the venue has carried a corporate naming sponsor, which the organization had long resisted for the stadium name itself. Team executives had previously stated that “Dodger Stadium” would never be for sale, and the new arrangement explicitly keeps that name intact while monetizing the field separately. The partnership elevates Uniqlo to the role of a main sponsor of the Dodgers, granting the company exclusive marketing and promotional opportunities tied to the ballclub and the venue. Visible elements of the deal are expected to include prominent new Uniqlo branding in the ballpark, notably a newly constructed sign in center field and the use of the Uniqlo Field name across in‑stadium references and broadcast‑related signage. Financial details of the agreement have not been disclosed. Analysts say the deal is strategically linked to the Dodgers' growing Japanese fanbase and commercial relationships following the signing of stars such as Shohei Ohtani, Yoshinobu Yamamoto, and Rōki Sasaki. It also lines up with Uniqlo's plans to expand its presence in the U.S. this year with 11 new stores. The chain's aggressive U.S. expansion initiative includes flagship stores for Chicago and San Francisco and four new locations in New York City. The expansion will take Uniqlo's U.S. store count up to 90 locations. Uniqlo's rate of expansion will be its biggest in years as it looks to boost its brand recognition with U.S. consumers. More o...
The fact that OpenAI ( OPENAI ) has confirmed it is bringing ads to all free users of its ChatGPT app in the U.S. nearly a month after starting a trial suggests “pent-up demand” from advertisers, investment firm RBC Capital Markets said. “Pent-up demand clearly exists for an OpenAI ad product (our checks have consistently found that for the past year), but we continue to believe things will evolve...
The fact that OpenAI ( OPENAI ) has confirmed it is bringing ads to all free users of its ChatGPT app in the U.S. nearly a month after starting a trial suggests “pent-up demand” from advertisers, investment firm RBC Capital Markets said. “Pent-up demand clearly exists for an OpenAI ad product (our checks have consistently found that for the past year), but we continue to believe things will evolve slowly,” analyst Brad Erickson wrote in a note to clients. “In particular, we believe measurement of ChatGPT's upper-funnel activity will need to expose Google as taking unjust credit for clicks in order for its spend to be disrupted where Walmart's recent negative commentary of ChatGPT's on-platform conversion makes OpenAI's attribution challenge look even more greater.” The company said last month that testing of ads would begin for logged-in adult users on the Free and Go subscription tiers. ChatGPT Go is priced at $8 per month in the U.S., compared to ChatGPT Plus and ChatGPT Pro, which are priced at $20 and $200 per month, respectively. Delving deeper, Erickson said that Walmart's ( WMT ) decision to move away from in-platform checkout to an app inside of ChatGPT, along with Google's ( GOOG ) ( GOOGL ) commentary about AI Overview ads, suggests that no company has “demonstrated a solid ads-based experience yet” inside chatbots. Despite that, OpenAI's move to bring ads to all free ChatGPT users could have broader implications, Erickson opined. “OpenAI bulls' hypothesis would be that Google is using superior reporting & AI to take credit for clicks where prior, related research higher up in the funnel occurred on ChatGPT,” Erickson added. “The Walmart example is curious in that, while ChatGPT conversion was lower than Google as well as other affiliate channels, it's unclear if Walmart was able to unpack Google's reporting to be able to isolate upper-funnel research where ChatGPT may have deserved some credit. To us, this is a key gating factor to OpenAI's success in ads...
Inclusive Capital Partners is looking to sell a stake in Bayer AG , three years after the investment firm led by activist Jeff Ubben first disclosed a holding. The investor is offering roughly 8.5 million shares in a stock placing arranged by JPMorgan Chase & Co. , according to terms seen by Bloomberg. The stake would be worth about €327 million ($379 million) based on the German agriculture and h...
Inclusive Capital Partners is looking to sell a stake in Bayer AG , three years after the investment firm led by activist Jeff Ubben first disclosed a holding. The investor is offering roughly 8.5 million shares in a stock placing arranged by JPMorgan Chase & Co. , according to terms seen by Bloomberg. The stake would be worth about €327 million ($379 million) based on the German agriculture and health firm’s closing stock price on Monday, according to Bloomberg calculations. Inclusive Capital took a stake in Bayer in 2023 and helped drive the ouster of former Chief Executive Officer Werner Baumann . Ubben later joined the company’s supervisory board, where his mandate runs until 2028, according to Bayer’s website . Ubben, who previously founded ValueAct Capital Management, made a name as a friendly activist shaking up big companies . He’s been an active member on corporate boards for years, with his advancement to Bayer’s spurring criticism from other investors. San Francisco-based Inclusive Capital, which focused on ESG investments, began winding down and returning capital to investors in 2023. Bayer is now in a pivotal year, as CEO Bill Anderson promised to significantly contain the US mass litigation tied to its Roundup weedkiller by the end of 2026. The company recently secured preliminary approval for a $7.25 billion settlement proposal, though investors remain focused on a US Supreme Court decision expected by mid-year that could undermine a key legal theory behind many of the lawsuits.
Anja Manuel, Aspen Strategy Group Executive Director and former US diplomat, about the latest developments in the war with Iran and US-China relations said it probably will take weeks before oil tankers might be able to navigate the Strait of Hormuz and any military operation to clear the waterway would be difficult (Source: Bloomberg)
Anja Manuel, Aspen Strategy Group Executive Director and former US diplomat, about the latest developments in the war with Iran and US-China relations said it probably will take weeks before oil tankers might be able to navigate the Strait of Hormuz and any military operation to clear the waterway would be difficult (Source: Bloomberg)