Shipments of foreign-branded mobile phones in China for February, including Apple's iPhones, fell 7.7% from the same month last year, Reuters calculations based on data released by a government-affiliated research firm on Wednesday showed. The data from the China Academy of Information and Communications Technology showed shipments of foreign-branded phones within China were at 2.4 milli...
Shipments of foreign-branded mobile phones in China for February, including Apple's iPhones, fell 7.7% from the same month last year, Reuters calculations based on data released by a government-affiliated research firm on Wednesday showed. The data from the China Academy of Information and Communications Technology showed shipments of foreign-branded phones within China were at 2.4 million units in February. Overall phone shipments in China in February were down 14.6% year-on-year to 16.8 million units, according to the data.
Central Pattana Pcl , Thailand’s largest shopping mall developer, plans to invest more than 110 billion baht ($3.4 billion) in the next five years to expand its portfolio, betting on growth in major cities and a tourism rebound. The operator of Central World , Bangkok’s largest shopping mall complex, aims to increase the number of its mixed-used projects to 33 by the end of 2030 from 27 currently,...
Central Pattana Pcl , Thailand’s largest shopping mall developer, plans to invest more than 110 billion baht ($3.4 billion) in the next five years to expand its portfolio, betting on growth in major cities and a tourism rebound. The operator of Central World , Bangkok’s largest shopping mall complex, aims to increase the number of its mixed-used projects to 33 by the end of 2030 from 27 currently, Chief Executive Officer Wallaya Chirathivat told reporters on Wednesday. The investment will go toward new retail plazas, office buildings and integrated projects, with a focus on major cities and key tourist destinations including Bangkok, Phuket and Chiang Mai. “We remain highly optimistic about Thailand’s long-term potential, even amid a very challenging period marked by geopolitical tensions,” Wallaya said. “The country has weathered difficult periods before.” The expansion underscores the company’s confidence that spending in major cities and tourist hubs will hold up despite the current geopolitical risks to travel demand. The Southeast Asian nation relies heavily on tourism and domestic spending, and any hit to visitor flows can quickly weigh on foot traffic and retail sales, while weak exports leave fewer buffers for growth. “We have emergency plan in case the conflict prolongs longer than expected,” Wallaya said, referring to the situation in the Middle East. “Crisis will come and go. We need to sustain our investments to maintain long-term growth.” The Chirathivat family, which controls Central Pattana, has built one of Thailand’s biggest retail networks spanning malls, department stores and mixed-use developments. Parent Central Group has also expanded overseas through acquisitions of European luxury assets, including Italy’s La Rinascente and London’s Selfridges, and holds stakes in Germany’s KaDeWe and Switzerland’s Globus. Central Pattana currently operates 45 shopping malls, 11 office buildings, 17 hotels and 53 residential projects. Its net income rose 13% ...
Palantir Technologies (NasdaqGS:PLTR) has had its Maven AI platform formally adopted by the U.S. Department of Defense as a Pentagon "program of record." This change embeds Maven AI as a permanent component of U.S. military infrastructure with recurring budget treatment across branches. Palantir has also secured new public sector work, including a significant trial with the UK Financial Conduct Au...
Palantir Technologies (NasdaqGS:PLTR) has had its Maven AI platform formally adopted by the U.S. Department of Defense as a Pentagon "program of record." This change embeds Maven AI as a permanent component of U.S. military infrastructure with recurring budget treatment across branches. Palantir has also secured new public sector work, including a significant trial with the UK Financial Conduct Authority and new alliances outside defense. Palantir, known for data integration and analytics...
Velo3D press release ( VLDXD ): Q4 GAAP EPS of -$0.54. Revenue of $9.4M (-25.4% Y/Y). Guidance Management expectations for the full year 2026 to include: Revenue in the range of $60 million to $70 million vs. consensus of $62.70M. Sequential improvement in gross margin Greater than 30% gross margin in second half of 2026 Non-GAAP adjusted operating expenses in the range of $45 million to $55 milli...
Velo3D press release ( VLDXD ): Q4 GAAP EPS of -$0.54. Revenue of $9.4M (-25.4% Y/Y). Guidance Management expectations for the full year 2026 to include: Revenue in the range of $60 million to $70 million vs. consensus of $62.70M. Sequential improvement in gross margin Greater than 30% gross margin in second half of 2026 Non-GAAP adjusted operating expenses in the range of $45 million to $55 million CapEx in the range of $40 million to $50 million The Company previously expected to achieve positive EBITDA in the first half of 2026. Based on the timing of capacity investments and revenue ramp, the Company now expects to achieve positive EBITDA in the second half of 2026. More on Velo3D Velo3D, Inc. 2025 Q4 - Results - Earnings Call Presentation Velo3D, Inc. (VLDXD) Q4 2025 Earnings Call Transcript Velo3D eliminates 60% of debt outstanding Drone manufacturers rally amid Middle East tensions; AVAV, KTOS, and DPRO lead gains Seeking Alpha’s Quant Rating on Velo3D
South Korea has begun rolling out its homegrown fighter jet, positioning the aircraft as a cheaper alternative to Lockheed Martin Corp. ’s F-35 as the war in Iran prompts Gulf nations to scramble to build up their defenses. “Our fighter jet, built with our own strength to defend our own skies, has finally completed preparations for operational deployment,” President Lee Jae Myung said at a ceremon...
South Korea has begun rolling out its homegrown fighter jet, positioning the aircraft as a cheaper alternative to Lockheed Martin Corp. ’s F-35 as the war in Iran prompts Gulf nations to scramble to build up their defenses. “Our fighter jet, built with our own strength to defend our own skies, has finally completed preparations for operational deployment,” President Lee Jae Myung said at a ceremony to mark the first jet to come off the production line in the southern city of Sacheon on Wednesday. Read more: Iran War Sparks Rush for Korea’s Cheap Patriot-Style Interceptor The KF-21, also known as the Boramae, is the Asian nation’s answer to the F-35 Lightning II, both to supply its own military and to market overseas, as Seoul looks to reduce its security reliance on the US. South Korea, as one of the closest security allies of the US, is already a buyer of F-35s. Indonesia is set to sign a deal to buy 16 units when President Prabowo Subianto visits Seoul for a meeting with Lee later this month, Yonhap News reported earlier, citing a South Korean government official it did not identify. A South Korean presidential official said the summit agenda has not been confirmed when reached by Bloomberg News. Jakarta initially partnered South Korea on the jet development project, before cutting back on its funding and reducing proposed purchases from an initially floated 48 jets. Still, its expected order will kick off overseas sales of the plane. What Bloomberg Intelligence Says “Beyond missile defense, the Iran conflict has sharpened focus on air power for deterrence, strike capability and air-defense integration. Gulf states, many of which rely on aging F-15 and F-16 fourth-generation jets, are likely to accelerate upgrades. That creates an opening for Korea Aerospace’s KF-21, particularly as F-35 access remains restricted in the region, with Saudi Arabia the only state approved for purchases.” - Eric Zhu and George Ferguson , analysts Click here for the research “The KF-21...
A wealthy royal who runs one of the biggest private banks in Europe said he’s concerned about rising geopolitical risks and called on investors to spread their assets globally. “I worry that the shift we are observing now is one that is going in the wrong direction,” said Prince Max von und zu Liechtenstein , chairman of LGT Group , his family’s private banking and asset-management firm at the Blo...
A wealthy royal who runs one of the biggest private banks in Europe said he’s concerned about rising geopolitical risks and called on investors to spread their assets globally. “I worry that the shift we are observing now is one that is going in the wrong direction,” said Prince Max von und zu Liechtenstein , chairman of LGT Group , his family’s private banking and asset-management firm at the Bloomberg Family Office Summit in Hong Kong on Wednesday. “Hopefully, overtime this will swing back.” Geographical risk diversification “makes sense” and has “become more relevant” for asset allocation, the prince said. US and Israeli attacks on Iran that started last month have sent markets into a tailspin, spiking oil prices and pushing equities lower. As the war rattles the Middle East, many of Asia’s richest families are reconsidering their exposure to Dubai and other states. LGT is controlled by the Liechtenstein Princely Family and employs 6,000 people, with about 386 billion Swiss francs ($490 billion) of assets under management at the end 2025. Liechtenstein is a small, wealthy Alpine nation with roughly 40,000 residents. Read More: Europe’s Richest Royal Family Builds $300 Billion Finance Empire Max is the second-oldest son of Prince Hans-Adam II , the head of the royal family who is worth more than $12 billion, according to the Bloomberg Billionaires Index. The group has expanded through acquisitions, buying Australian high net worth advisory firm Crestone Wealth Management in 2022 and ABN Amro NV’s private banking assets in Asia about a decade ago. The group focuses on private banking and asset management.
Skeena Resources press release ( SKE ): FY GAAP EPS of -$1.59. As at December 31, 2025, the company had cash and cash equivalents of $121.89M. More on Skeena Resources Limited Skeena Resources Targets $450 Million For The Eskay Creek Gold/Silver Mine Flat gold prices YTD mask big moves in mining stocks Historical earnings data for Skeena Resources Limited Financial information for Skeena Resources...
Skeena Resources press release ( SKE ): FY GAAP EPS of -$1.59. As at December 31, 2025, the company had cash and cash equivalents of $121.89M. More on Skeena Resources Limited Skeena Resources Targets $450 Million For The Eskay Creek Gold/Silver Mine Flat gold prices YTD mask big moves in mining stocks Historical earnings data for Skeena Resources Limited Financial information for Skeena Resources Limited
The inflation rate in the UK remained unchanged at 3% in February, meeting estimates. The core consumer prices increased 3.20% in February of 2026 over the same month in the previous year. The Consumer Price Index increased 0.40% in February of 2026 over the previous month. More on UK Technical Levels For Major FX Pairs Ahead Of The FOMC U.S. Tariffs: A New Trade War? GBP/USD At The Crossroads: Wi...
The inflation rate in the UK remained unchanged at 3% in February, meeting estimates. The core consumer prices increased 3.20% in February of 2026 over the same month in the previous year. The Consumer Price Index increased 0.40% in February of 2026 over the previous month. More on UK Technical Levels For Major FX Pairs Ahead Of The FOMC U.S. Tariffs: A New Trade War? GBP/USD At The Crossroads: Will Cable Break The 1.3437 Resistance? UK flash PMI shows manufacturing resilience, services weakness in March European markets rebound amid elevated oil prices
champc/iStock via Getty Images Market Review The communication services sector gained 3.50% in the fourth quarter, according to the MSCI U.S. IMI Communication Services 25/50 (Media Linked) Index, as the broad stock market extended a historically fast rebound that began in early April, but at a slower pace. The advance was supported by strong corporate fundamentals, a resilient economy, an ongoing...
champc/iStock via Getty Images Market Review The communication services sector gained 3.50% in the fourth quarter, according to the MSCI U.S. IMI Communication Services 25/50 (Media Linked) Index, as the broad stock market extended a historically fast rebound that began in early April, but at a slower pace. The advance was supported by strong corporate fundamentals, a resilient economy, an ongoing boom in spending on artificial intelligence and the Federal Reserve's first interest-rate reductions since December 2024. Communication services stocks outpaced the 2.66% gain of the broad-based S&P 500® index and had one of that index's strongest sector gains, trailing only health care. The sector's result was driven in good part by companies benefiting from the boom in generative AI development. Against this backdrop, interactive media & services, which represented more than half of the MSCI sector index in Q4, gained 11% and had a weighty influence on the index's overall result. This subindustry includes Google parent firm Alphabet (+38%), which by itself represented roughly 27% of the sector index. The past three months, Alphabet continued to execute well on its artificial intelligence strategy while producing solid financial results across its other businesses. Alternative carriers (+25%) stocks also advanced strongly, led by satellite manufacturer AST SpaceMobile ( ASTS ) (+48%). Shares of the company pushed higher in early December ahead of its next-generation satellite launch, designed to bring broadband access directly to cellular phone users worldwide. Elsewhere, the broadcasting subindustry rose 5%, propelled by Fox ( FOXA ) (+15%). Conversely, the interactive home entertainment segment returned about -17%, hurt in part by results for Roblox (-41%). Shares of the online gaming company, which uses AI for content creation, moderation and user experience enhancement, declined after the company reported slowing user growth, increases in infrastructure investment, an...