Iran threatens strikes on Gulf power plants following Trump's Strait of Hormuz ultimatum toggle caption Getty Images/Getty Images Europe Israel launched more strikes on Tehran Monday as Iran warned it could start striking power plants in the Gulf region. The threat came after Trump gave Tehran 48 hours on Saturday to reopen the Strait of Hormuz, an ultimatum that sent stocks tumbling. Iran's Defen...
Iran threatens strikes on Gulf power plants following Trump's Strait of Hormuz ultimatum toggle caption Getty Images/Getty Images Europe Israel launched more strikes on Tehran Monday as Iran warned it could start striking power plants in the Gulf region. The threat came after Trump gave Tehran 48 hours on Saturday to reopen the Strait of Hormuz, an ultimatum that sent stocks tumbling. Iran's Defense Council said Monday that the only way for "non-belligerent" countries to pass through the Strait of Hormuz is through coordination with Iran, and warned that any attack on Iran's coasts or islands would trigger mine-laying across the Gulf sea lanes. The Council also warned of a "decisive and devastating response" to any attacks on Iranian energy infrastructure. Sponsor Message Trump, in his ultimatum, posted in Truth Social, warned: "America will hit and obliterate their various POWER PLANTS, STARTING WITH THE BIGGEST ONE FIRST!" Roughly a fifth of the world's oil transited through the strait last year. Iran's willingness to attack the transport vessels has virtually halted traffic through the crucial waterway, raising fears of prolonged disruptions to global energy supplies. Global markets have reacted sharply. Stocks in Asia and Europe fell Monday, while oil prices remained over $100 a barrel, up by more than 50% since the start of the war with Iran. The latest volatility underscored how the war shows little sign of ending, even as Trump recently suggested he was considering "winding down" military efforts in the region. Saudi Arabia's Defense Ministry, meanwhile, said it intercepted a ballistic missile launched towards its capital, Riyadh, and continued to intercept drones overnight. Here are the latest updates: Iran threatens attacks on Gulf energy infrastructure toggle caption Alexi J. Rosenfeld/Getty Images Europe Iranian officials warned Monday that if the U.S. follows through on Trump's ultimatum and strikes Iran's power plants, Iran would retaliate against energ...
(RTTNews) - Henderson Investment (0097.HK) reported a loss attributable to equity shareholders for the year ended 31 December 2025 of HK$67 million compared to a loss of HK$125 million, prior year. Loss per share, in cents, was 2.2 compared to a loss of 4.1. Revenue declined to HK$1.45 billion from HK$1.53 billion. The Board has resolved not to recommend the payment of a final dividend for the yea...
(RTTNews) - Henderson Investment (0097.HK) reported a loss attributable to equity shareholders for the year ended 31 December 2025 of HK$67 million compared to a loss of HK$125 million, prior year. Loss per share, in cents, was 2.2 compared to a loss of 4.1. Revenue declined to HK$1.45 billion from HK$1.53 billion. The Board has resolved not to recommend the payment of a final dividend for the year under review, because of the loss suffered. Shares of Henderson Investment are currently trading at HK$0.17, down 9.42%. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The Bank of England will raise the cost of borrowing four times this year, pushing UK interest rates from 3.75% to 4.75% amid the conflict in the Middle East, according to financial market speculators. In a blow to mortgage payers, international investors are betting that the UK is vulnerable to a sustained rise in inflation after the US-Israel attack on Iran. Financial market data implies investo...
The Bank of England will raise the cost of borrowing four times this year, pushing UK interest rates from 3.75% to 4.75% amid the conflict in the Middle East, according to financial market speculators. In a blow to mortgage payers, international investors are betting that the UK is vulnerable to a sustained rise in inflation after the US-Israel attack on Iran. Financial market data implies investors believe the Bank will attempt to tackle spiralling prices with four quarter-point increases in rates before the end of December. Last week, after the Bank’s monetary policy committee (MPC) left rates on hold signalled it could be forced to increase borrowing costs in the coming months as the US-Israel war on Iran threatens to drive inflation in the UK above 3%. However, the Bank’s governor, Andrew Bailey, suggested the financial markets were getting ahead of themselves in expecting rate rises this year. Expectations that the Bank will raise rates several times this year has driven up the cost of fixed-rate mortgages and is having a “catastrophic impact” on the home loans market, the comparison site Moneyfacts said. The average two-year fixed residential mortgage rate on Monday was 5.43%, up from 5.35% on Friday – the highest level since February 2025, and up from 4.83% at the start of March. Hundreds of mortgage products have been pulled from the market. There are 6,144 residential mortgage products available, down from 6,659 on Friday. Some analysts cast doubt on the likelihood of four rate rises this year. Derek Halpenny, the head of research in global markets for Europe, the Middle East and Africa at MUFG, said the expectation of four rate rises was “overdone”. Goldman Sachs said UK interest rate rises this year were unlikely. In a note to clients published on Friday, it said: “Our economists now think that the MPC will remain on hold for longer and maintain [the base rate] at 3.75% throughout 2026.” But investors appear increasingly convinced that the Bank will tight...
ZUG, Switzerland, March 23, 2026 (GLOBE NEWSWIRE) -- Lithium Argentina AG (“Lithium Argentina” or the “Company”) (TSX: LAR) (NYSE: LAR) today announced its fourth quarter and full year 2025 results. Unless otherwise stated, results are presented in United States dollars on a 100% basis. Sam Pigott, Lithium Argentina’s CEO, commented: “2025 was an exceptional year for Lithium Argentina. Cauchari-Ol...
ZUG, Switzerland, March 23, 2026 (GLOBE NEWSWIRE) -- Lithium Argentina AG (“Lithium Argentina” or the “Company”) (TSX: LAR) (NYSE: LAR) today announced its fourth quarter and full year 2025 results. Unless otherwise stated, results are presented in United States dollars on a 100% basis. Sam Pigott, Lithium Argentina’s CEO, commented: “2025 was an exceptional year for Lithium Argentina. Cauchari-Olaroz ended the year near full capacity with costs coming in among the lowest reported for lithium chemical production globally. With the operation now generating significant cash flow, Cauchari-Olaroz distributed over $85 million ($42 million for our share), while closing a $130 million six-year debt facility further strengthening our balance sheet. “As we look at 2026, our priorities are clear. By building on Cauchari-Olaroz as a proven, low-cost foundation, we are increasing our focus on the next phase of growth. PPG and Stage 2 represent two of the most compelling large-scale lithium chemical supply opportunities in the Americas. With increasing conviction in the long-term lithium outlook, supported by energy storage demand, we are well-positioned to advance and continue to de-risk our growth plans and create meaningful value for our shareholders.” Highlights Cauchari-Olaroz The Company owns a 44.8% interest in the Cauchari-Olaroz lithium brine operation (“Cauchari-Olaroz”). Lithium Production: Approximately 9,700 tonnes of lithium carbonate were produced in the fourth quarter of 2025 and 34,100 1 for the year ended December 31, 2025. 2025 production achieved the high end of the guidance 2 range with a 34% increase over 2024. Approximately 9,700 tonnes of lithium carbonate were produced in the fourth quarter of 2025 and 34,100 for the year ended December 31, 2025. Operating Costs: The cost of sales for the fourth quarter of 2025 was $66 million, with cash operating costs of $5,618 per tonne 3 of lithium carbonate sold. The lower operating costs reflect the implementation...
Taking the plunge into retirement can be a daunting prospect in the best of times. But right now, it may feel especially scary. Not only is there general economic uncertainty, but the Iran conflict could have a huge impact on living costs and stock values. If oil prices continue to climb, consumer prices could soar on a whole. And if tensions aboard and economic fears cause investors to feel skitt...
Taking the plunge into retirement can be a daunting prospect in the best of times. But right now, it may feel especially scary. Not only is there general economic uncertainty, but the Iran conflict could have a huge impact on living costs and stock values. If oil prices continue to climb, consumer prices could soar on a whole. And if tensions aboard and economic fears cause investors to feel skittish, it could lead to a stock market sell off. That doesn't mean retiring in 2026 is guaranteed to be a disaster, though. If you're set on retiring this year, there's an important move you can make to protect your retirement savings from a stock market crash. Boost your cash reserves During retirement, it's a good idea to keep your IRA or 401(k) invested in the stock market -- at least partially. You want that money to keep growing so it's able to keep up with, or ideally outpace, inflation. Still, it's generally a good idea to keep a year or two of living expenses in cash as a retiree. That way, if there's a market event and your portfolio loses value, you can avoid tapping your investments and locking in losses. Given today's climate, you should especially make sure to have a decent pile of cash on hand. You may want to give yourself two to three years' worth of living expenses if you're retiring this year. And it's not necessarily because a near-term stock market downturn is guaranteed to be lengthy. Rather, it's a good idea to stockpile extra cash because the start of retirement can be an adjustment mentally. And seeing your portfolio lose value early on in retirement could drive you to make rash decisions that hurt you in the long run. If you have extra cash on hand, it may be easier to take a deep breath, ignore your portfolio temporarily, embrace your new routine, and wait for a stock market recovery. Make sure your asset allocation makes sense In addition to boosting your cash reserves, it's important to make sure your asset allocation is appropriate for your circum...
Andrii Dodonov/iStock via Getty Images Fed rate expectations have shifted sharply, with short-term yields breaking away as the surge in oil prices unsettled the front end of the curve. Fed funds futures now indicate a 50% chance that the benchmark rates are higher by at least a quarter point after the September FOMC meeting, while the odds stand at 60% for October. The 2-year Treasury yield ( US2Y...
Andrii Dodonov/iStock via Getty Images Fed rate expectations have shifted sharply, with short-term yields breaking away as the surge in oil prices unsettled the front end of the curve. Fed funds futures now indicate a 50% chance that the benchmark rates are higher by at least a quarter point after the September FOMC meeting, while the odds stand at 60% for October. The 2-year Treasury yield ( US2Y ) climbed above 4.01%, its highest level since July. That's when the front end of the curve saw a sharp drop on the back of weak jobs data, the beginning of a steady seven-month decline in yields that's been wiped out since the attacks on Iran. Just a month ago they were pricing in a 35% chance that rates would be 50 bps lower. Last week, the Federal Open Market Committee kept its key rate unchanged at 3.50%-3.75%; Fed Chair Jerome Powell called the level "within plausible estimates of neutral"—the point at which interest rates neither stimulate nor depress the economy. The Iran conflict has rattled markets and also changed the expectations about what the Fed's moves will be for the year. More Treasuries 'Spot Down, Vol Down' As Investors Monetized Hedges Turning Point: The Next Phase For The 10-Year Bond Yield Is Crucial How Using Moving Averages To Make Allocation Changes Can Improve Risk Adjusted Returns Markets now see one in three chance of Fed hike by October Treasury yields spike as markets reprice Fed rate hike possibility
quantic69/iStock via Getty Images Performance assessment Dell ( DELL ) has handily outperformed the broader market since my last update on the stock: Performance since HA's Last Article on DELL (Seeking Alpha, HA's Last Article on DELL) Thesis After a significant rally in the stock, I am tempering my future expectations: The AI server business is seeing explosive demand The PC market faces a contr...
quantic69/iStock via Getty Images Performance assessment Dell ( DELL ) has handily outperformed the broader market since my last update on the stock: Performance since HA's Last Article on DELL (Seeking Alpha, HA's Last Article on DELL) Thesis After a significant rally in the stock, I am tempering my future expectations: The AI server business is seeing explosive demand The PC market faces a contraction, but Dell is maintaining share Rising memory costs pressure gross margins DELL seems fairly valued with favorable earnings growth tailwinds Bullish momentum meets a resistance zone The AI server business is seeing explosive demand Just look at the massive growth acceleration in the AI servers and networking revenues: Business Segment YoY Growth Rates (Company Filings, HA Analysis) And the explosive growth in AI backlog: Backlog (USD mn) (Company Filings, HA Analysis) This is primarily driven by systems using Nvidia's ( NVDA ) Grace Blackwell platform. The fact that next-gen Vera Rubin platforms are not counted is another bullish point, as actual demand would be even higher if they were counted: So on the $43 billion backlog, Samik, it is predominantly overwhelmingly Grace Blackwell. There is no Vera Rubin in the backlog. - COO Jeffrey Clarke in the Q4 FY26 earnings call The remaining performance obligations are also painting a very rosy picture, as that too is accelerating at a rapid pace YoY: Remaining Performance Obligations (USD mn) (Company Filings, HA Analysis) RPOs are a leading indicator of future revenues, as it represents contracted work that is yet to be completed for revenue to be recognized The quality of these growth drivers is very healthy, as the enterprise customer base is broadening out to more than 4000, spanning a wide variety of verticals: From an enterprise perspective, we talked 90 days ago when we did Q3 earnings about having 3,300 enterprise AI customers in our installed base. Just last Thursday, we updated that 90 days later to be 4,000 plus....
The recent spike in oil prices has implications for the food sector. Jefferies analyst Scott Marks said the main risk is not immediate demand destruction but a gradual squeeze on margins as freight, packaging, and processing costs escalate faster than pricing to consumers can adjust. The prospect of weeks or months of higher oil prices creates a landscape where operational efficiency, supply chain...
The recent spike in oil prices has implications for the food sector. Jefferies analyst Scott Marks said the main risk is not immediate demand destruction but a gradual squeeze on margins as freight, packaging, and processing costs escalate faster than pricing to consumers can adjust. The prospect of weeks or months of higher oil prices creates a landscape where operational efficiency, supply chain proximity, and portfolio mix determine which companies can withstand the volatility, according to Marks. Adding to the worries, last week the World Food Program published a warning that escalating conflict could trigger severe food insecurity and create the largest disruption to humanitarian food distribution seen since the pandemic, and General Mills ( GIS ) reported soft quarterly results that were influenced by factors such as inventory adjustments, timing issues, price investments, and weather disruptions, Marks and his team noted that U.S. food stocks are at the widest valuation discount relative to the S&P 500 in 20 years. General Mills ( GIS ), JBS ( JBS ), Smithfield Foods ( SFD ), Nomad Foods ( NOMD ), Campbell's ( CPB ), Pilgrim's Pride ( PPC ), and BellRing Brands ( BRBR ) all trade with a forward price-to-earnings ratio below 12, which indicates if the Middle East conflict resolves and the macroeconomic backdrop improves, investors could see upside. More on the food sector Gen Z Is Threatening The Alcohol Industry Papa John's jumps on Irth Capital offer, but ranks near bottom of restaurant peers Most and least shorted consumer staples with up to $2B market cap Seeking Alpha’s Quant Rating on Invesco Food & Beverage ETF Dividend scorecard for Invesco Food & Beverage ETF
However you feel about President Donald Trump, there's no denying he certainly shook things up in the automotive industry. Trump adjusted the United States' vehicle emissions policy, giving automakers more freedom. He also ended the $7,500 federal electric vehicle (EV) tax credit and added new auto tariffs intended to protect domestic automakers from the Chinese expansion. It was an attempt to enc...
However you feel about President Donald Trump, there's no denying he certainly shook things up in the automotive industry. Trump adjusted the United States' vehicle emissions policy, giving automakers more freedom. He also ended the $7,500 federal electric vehicle (EV) tax credit and added new auto tariffs intended to protect domestic automakers from the Chinese expansion. It was an attempt to encourage manufacturing investment in the U.S. market. Unfortunately, for some investors and/or fans of General Motors' (GM 1.41%) Chevrolet Bolt, the additional complications appear to have ended the Bolt's resurrection before it really got rolling. Here's what happened, and why it matters. Roller coaster recap GM's Chevy Bolt EV has one of the more intriguing histories of any model under the automaker's umbrella. GM CEO Mary Barra once lauded the Bolt as a "real game changer" in the EV industry and an "EV for everyone." When the Bolt hit the scene in 2016, the EV industry was still being reenergized, causing a bumpy start. After years of lackluster performance and a fire-related recall, the Bolt finally recorded a 50% sales surge in 2022, followed by selling a record 62,000 units in 2023 -- and then it was promptly discontinued. Of course, as we know now, the Bolt was discontinued until it wasn't. Part of the reason behind GM refusing to entirely give up on the Bolt was that it accomplished a couple of valuable goals for the automaker. Firstly, the original Bolt EV checked in with a highly affordable price tag under $30,000, a mark EV makers are still aiming for to this day. Secondly, the Bolt EV attracted new customers, known in the auto industry as "conquesting," which is an expensive task: 75% of Bolt owners formerly owned non-GM vehicles. Lastly, after the Bolt EV brought in new consumers to the brand, it made them loyal. About 72% of Bolt consumers stayed with GM brands for their next vehicle, and 56% stuck with Chevrolet specifically. Expand NYSE : GM General Motors To...
Khampaeng Yodsingkham/iStock via Getty Images Fund performance Columbia Income Opportunities Fund Institutional Class shares returned 1.30% for the quarter ending December 31, 2025. The fund's benchmark the ICE BofA U.S. Cash Pay High Yield BB-B Rated Constrained Index returned 1.55% for the same period. Market overview The ICE BofA U.S. Cash Pay High Yield BB-B Rated Constrained Index (the benchm...
Khampaeng Yodsingkham/iStock via Getty Images Fund performance Columbia Income Opportunities Fund Institutional Class shares returned 1.30% for the quarter ending December 31, 2025. The fund's benchmark the ICE BofA U.S. Cash Pay High Yield BB-B Rated Constrained Index returned 1.55% for the same period. Market overview The ICE BofA U.S. Cash Pay High Yield BB-B Rated Constrained Index (the benchmark) returned 1.55% during the fourth quarter. Lower-quality issuers underperformed notably with BB, B and CCC rated issues returning 1.58%, 1.52% and -0.23%, respectively. Overall spreads ended 5 basis points (bps) tighter. (A basis point is 1/100 of a percent.) Fourth-quarter total returns were positive, albeit coupon-driven, as spreads and interest rates were little changed. This marks the thirteenth consecutive quarter of positive high-yield market returns, the longest streak since the inception of the index in 1996. The modestly positive total return masks intra-quarter volatility, as idiosyncratic credit loss events in other asset classes (i.e., bank loans and structured credit) drove spreads sharply wider to begin the quarter. Spreads subsequently recovered but widened again as hawkish Fed rhetoric, the largest equity market sell-off since Liberation Day and uncertainty around the longest U.S. government shutdown in history resulted in a risk-off tone. Spreads ultimately ended the quarter modestly tighter, as the U.S. government reopened, equity markets rebounded, third-quarter earnings results remained resilient and the Federal Open Market Committee (FOMC) continued easing. West Texas Intermediate (WTI) oil prices remained weak, finishing the quarter 8% lower, with ongoing oversupply concerns and Russia/Ukraine peace talks weighing on prices. U.S. interest rates had little impact, as the two- and five-year Treasury rates decreased 13 bps and 2 bps, respectively, while the 10-year rate increased 2 bps. Top holdings (% of net assets): as of December 31, 2025 Columbia ...
Key Points Trump's administration made significant changes to emissions policy, EV tax credits, and automotive tariffs. Losing the tax credit diminished the Chevrolet Bolt's value to GM. Without the Bolt, GM must find a new model to connect with new GM consumers. 10 stocks we like better than General Motors › However you feel about President Donald Trump, there's no denying he certainly shook thin...
Key Points Trump's administration made significant changes to emissions policy, EV tax credits, and automotive tariffs. Losing the tax credit diminished the Chevrolet Bolt's value to GM. Without the Bolt, GM must find a new model to connect with new GM consumers. 10 stocks we like better than General Motors › However you feel about President Donald Trump, there's no denying he certainly shook things up in the automotive industry. Trump adjusted the United States' vehicle emissions policy, giving automakers more freedom. He also ended the $7,500 federal electric vehicle (EV) tax credit and added new auto tariffs intended to protect domestic automakers from the Chinese expansion. It was an attempt to encourage manufacturing investment in the U.S. market. Unfortunately, for some investors and/or fans of General Motors' (NYSE: GM) Chevrolet Bolt, the additional complications appear to have ended the Bolt's resurrection before it really got rolling. Here's what happened, and why it matters. 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 » Roller coaster recap GM's Chevy Bolt EV has one of the more intriguing histories of any model under the automaker's umbrella. GM CEO Mary Barra once lauded the Bolt as a "real game changer" in the EV industry and an "EV for everyone." When the Bolt hit the scene in 2016, the EV industry was still being reenergized, causing a bumpy start. After years of lackluster performance and a fire-related recall, the Bolt finally recorded a 50% sales surge in 2022, followed by selling a record 62,000 units in 2023 -- and then it was promptly discontinued. Of course, as we know now, the Bolt was discontinued until it wasn't. Part of the reason behind GM refusing to entirely give up on the Bolt was that it accomplished a couple of valuable goals for the automaker. Firstly, the origi...
Georgiy Datsenko/iStock via Getty Images Innovative Industrial Properties, Inc. ( IIPR ) is paying out an extremely elevated dividend yield that the market believes is on the cusp of a cut, even as distributions have been kept stable in the face of tenant defaults that have disrupted earnings. The REIT last declared a quarterly cash dividend of $1.90 per share , the second year of the dividend bei...
Georgiy Datsenko/iStock via Getty Images Innovative Industrial Properties, Inc. ( IIPR ) is paying out an extremely elevated dividend yield that the market believes is on the cusp of a cut, even as distributions have been kept stable in the face of tenant defaults that have disrupted earnings. The REIT last declared a quarterly cash dividend of $1.90 per share , the second year of the dividend being maintained after a raise in 2024, and $7.60 per share annualized for a 14.73% dividend yield. The yield has really never been as high as this, with IIPR trading with a sub-3% dividend yield for much of 2021. Crucially, distributions are simply not currently being covered by FFO, with IIPR essentially having to lean on its liquidity balance to maintain the payments at the current level. The yield provides a substantial 1033 basis point spread over the United States 10-Year Bond Yield ( US10Y ) at 4.39%, with the REIT generating fiscal 2025 fourth quarter funds from operations ("FFO") of $1.78 per share to provide 93.68% coverage. FFO per share beat consensus by $0.09, but was down by 13.17% from $2.05 per share in the year-ago comp. Data by YCharts I last covered IIPR with a Hold rating to flag that its updated timeline for the resolution of some known tenant issues would provide a pathway for the common shares to be revalued higher in the event the dividend was maintained at its current level. The REIT has since seen some partial movement on these rent defaults. Considering IIPR is for these resolutions to drive stability for a revenue trendline that has been inverted from a previously incredibly bullish upward trajectory. IIPR generated revenue of $66.7 million during the fourth quarter, down 13.1% from its year-ago comp but a small beat by $730,000 on consensus estimates. Revenue was up sequentially from $64.7 million, growth after consecutive quarters of decline. This places into context a trailing twelve-month price-to-sales multiple, which currently stands at 5.5x. ...
Idaho Strategic Resources press release ( IDR ): FY GAAP EPS of $1.14. Revenue of $42.41M (+64.6% Y/Y). Produced a total of 12,538 ounces of gold contained in concentrates and doré primarily from the high-grade H-Vein at the Golden Chest mine. Mined and processed 41,840 tonnes of ore from the H-Vein underground at the Golden Chest Mine at an average grade of 10.14 gpt gold with recoveries of 93.0%...
Idaho Strategic Resources press release ( IDR ): FY GAAP EPS of $1.14. Revenue of $42.41M (+64.6% Y/Y). Produced a total of 12,538 ounces of gold contained in concentrates and doré primarily from the high-grade H-Vein at the Golden Chest mine. Mined and processed 41,840 tonnes of ore from the H-Vein underground at the Golden Chest Mine at an average grade of 10.14 gpt gold with recoveries of 93.0%. Completed 19,162 meters of core drilling at the Golden Chest Mine at the Paymaster, H-Vein, Red Star, Jumbo, and Klondike areas. More on Idaho Strategic Resources Idaho Strategic Resources: Growth Has Its Time, The Best Is Yet To Come Idaho Strategic Resources: Solid Gold Base, Speculative Strategic Upside Idaho Strategic Resources: Maintaining Hold Rating As Company Sets Historic 2026 Production Targets Idaho strategic signs lease for Niagara copper-silver project Seeking Alpha’s Quant Rating on Idaho Strategic Resources
Sony Group Corp. is nearing a binding agreement to sell a majority stake in its home entertainment business to Chinese rival TCL Electronics Holdings Ltd. in a deal that may be valued at about $1 billion, according to people familiar with the matter. The companies have made progress on their negotiations and are seeking to announce a transaction as soon as this month, the people said, asking not t...
Sony Group Corp. is nearing a binding agreement to sell a majority stake in its home entertainment business to Chinese rival TCL Electronics Holdings Ltd. in a deal that may be valued at about $1 billion, according to people familiar with the matter. The companies have made progress on their negotiations and are seeking to announce a transaction as soon as this month, the people said, asking not to be identified because the information is private. While talks are at an advanced stage, no final decision has been made, the people said. A Sony representative said the company is continuing discussions toward a definitive agreement and that an announcement would be made promptly once finalized. TCL didn’t have any immediate comment. Sony and TCL announced in January their intention to set up a joint venture for the Japanese company’s home entertainment business, including its Bravia television brand. Under the memorandum of understanding , Sony would hold 49% of the venture and TCL the remaining 51%. The new joint venture will begin operations in April 2027 and produce televisions sets carrying the Sony and Bravia names but using TCL’s display technology, according to the January statement. Sony has focused on expanding its portfolio of intellectual property assets — anime, live-action film, music and sports broadcasts — while trimming consumer electronics. TCL, one of China’s oldest and largest electronics conglomerates, has for years tried to forge a major overseas business. Sony’s shares have dropped 21% in Tokyo this year, giving the company a market value of $123 billion. TCL is up about 4% in Hong Kong in the same period, for a value of $3.5 billion.
For Immediate Release Chicago, IL – March 23, 2026 – Today, Zacks Investment Ideas feature highlights Micron Technology MU, FedEx FDX, Nvidia NVDA, H World Group Ltd. HTHT, Alibaba BABA and Five Below FIVE. Stocks to Watch After Blowout Earnings: Micron, FedEx & More Strong quarterly results from Micron Technology and FedEx stood out as rare bright spots in an otherwise turbulent week, as broader ...
For Immediate Release Chicago, IL – March 23, 2026 – Today, Zacks Investment Ideas feature highlights Micron Technology MU, FedEx FDX, Nvidia NVDA, H World Group Ltd. HTHT, Alibaba BABA and Five Below FIVE. Stocks to Watch After Blowout Earnings: Micron, FedEx & More Strong quarterly results from Micron Technology and FedEx stood out as rare bright spots in an otherwise turbulent week, as broader equity indexes retreated sharply amid surging oil prices and heightened economic uncertainty stemming from the conflict in Iran. Neither were immune to the volatility in Friday’s trading session, but Micron and FedEx stock may serve as appealing buy-the-dip targets as they posted blowout quarterly earnings on Wednesday and Thursday, respectively. Optimistically, there were a few other standouts that could potentially combat weaker market sentiment after impressively beating EPS expectations. Micron’s Record-Breaking Growth Continues Explosive demand for AI-related memory products has led to tight industry supply, allowing Micron to command higher prices and deliver stronger margins, with its stock currently boasting a Zacks Rank #1 (Strong Buy). Reporting results for its fiscal second quarter, Micron’s Q2 sales nearly tripled year over year to a record $23.86 billion from $8.05 billion in the comparative quarter. The surge was fueled by high demand for Micron’s high-bandwidth memory (HBM) products, which are used in Nvidia’s GPUs. More importantly, Micron continued to show strong execution, with Q2 EPS at $12.20, topping expectations of $8.80 by 38.64% and skyrocketing from $1.56 per share a year ago. Micron also produced record quarterly free cash flow of $6.9 billion and has efficiently scaled its next-generation memory production. With analysts seeing the current memory cycle as the strongest in years, Micron guided its Q3 sales at $33.5 billion, well ahead of expectations of $22.79 billion or 101% growth. Benefitting from a blazing trend of positive earnings estimate re...