Nvidia (NVDA) stock is trading about 3.39% lower near $180, at the time of writing, Tuesday afternoon, Jan. 20, according to Yahoo Finance. And as if the worries about the AI bubble weren’t enough, other big tech stocks, including Apple, Meta, Microsoft, Tesla, and Google, are also down, as ...
Nvidia (NVDA) stock is trading about 3.39% lower near $180, at the time of writing, Tuesday afternoon, Jan. 20, according to Yahoo Finance. And as if the worries about the AI bubble weren’t enough, other big tech stocks, including Apple, Meta, Microsoft, Tesla, and Google, are also down, as ...
China Vanke Co. won enough creditor backing to extend payments on a yuan bond for a year, after it sweetened an earlier proposal with an upfront cash payment, easing the embattled developer’s risk of an imminent default. According to a filing to the Shenzhen Stock Exchange, 92.11% of holders who exercised a put option on Vanke’s 1.1 billion yuan ($158 million) bond voted in favor of the revised ex...
China Vanke Co. won enough creditor backing to extend payments on a yuan bond for a year, after it sweetened an earlier proposal with an upfront cash payment, easing the embattled developer’s risk of an imminent default. According to a filing to the Shenzhen Stock Exchange, 92.11% of holders who exercised a put option on Vanke’s 1.1 billion yuan ($158 million) bond voted in favor of the revised extension plan. Under the proposal , Vanke would repay 40% of the 1.03 billion yuan owed to those investors. The builder will make the payment on Jan. 30. It would delay repaying the rest of that amount until Jan. 22 next year. The approval gives Vanke, one of China’s last major developers to so far avoid debt failure, some breathing room as it strains under the weight of $50 billion of interest-bearing liabilities amid an unprecedented real estate market slump. It’s also a sign that holders of two other bonds originally due last month may be receptive to similar proposals the company made for those notes. Holders of those bonds are set to vote on the proposals later this month. Vanke’s dollar bonds and yuan notes jumped last week after the builder announced revisions to its extension proposals. Both of its dollar bonds were trading around 23 cents on the dollar on Tuesday, reflecting continuing investor concerns about Vanke’s ability to deal with future debt obligations, with more maturities looming later this year. The government, meanwhile, has asked Vanke, which has nearly $50 billion in interest-bearing liabilities, to come up with a comprehensive restructuring plan , potentially with deep haircuts for creditors. Vanke had told some bondholders in private conversations that if creditors approve the sweetened proposals, the builder would be able to make the payments, people familiar with the matter said earlier. It’s still unclear where Vanke would get the funds for the cash payments. The company rushed to find cash to meet bond repayments in December after state‑owned sh...
Key Points Palantir has been a growth beast in recent years, thanks to the growth of its artificial intelligence (AI) platform. The company reports earnings next month, and the last time it posted its latest numbers, the stock ended up falling. Its excessively high valuation means that a simple earnings beat in its upcoming quarterly report may not be enough to send the stock rallying. 10 stocks w...
Key Points Palantir has been a growth beast in recent years, thanks to the growth of its artificial intelligence (AI) platform. The company reports earnings next month, and the last time it posted its latest numbers, the stock ended up falling. Its excessively high valuation means that a simple earnings beat in its upcoming quarterly report may not be enough to send the stock rallying. 10 stocks we like better than Palantir Technologies › Palantir Technologies (NASDAQ: PLTR) has been an unstoppable tech stock to own in recent years. The data analytics company has generated incredible growth due to artificial intelligence (AI) as businesses look to add efficiency to their operations, which is what its platform helps them do. Palantir has delivered fantastic results in recent quarters, enabling its investors to profit from considerable gains. In just three years, the stock has skyrocketed by around 2,400% in value. Its market cap topped $400 billion entering trading this week, making it among the most valuable companies in the world and more valuable than many other blue chip stocks. On Feb. 2, the company is expected to release its fourth-quarter earnings, wrapping up what's likely to be a strong finish to the past year. Should you buy shares of Palantir before its latest earnings numbers come out? Image source: Getty Images. Does Palantir's stock normally rise after earnings? Palantir hasn't been a cheap stock to own in recent years, but with continually strong numbers, it has been able to win over retail investors. However, when it last reported earnings in November, the stock was already at an all-time high of $207.52. And in the days that followed its seemingly impressive results, it would go on to fall, despite management saying the company was "crushing consensus expectations." PLTR data by YCharts Palantir's stock has generally done well after reporting earnings, as is evident in the chart. The most recent decline, however, could be a sign that perhaps there c...
Liquidity in Japan’s government bond market has deteriorated to record levels amid this week’s sharp selloff, underscoring what many see as a buyers’ strike that has sent super-long yields soaring. The JGB Liquidity Index — which gives an indication of how much JGB yields deviate from levels that would be expected with ample liquidity — climbed to a record high on Tuesday. The gauge has been risin...
Liquidity in Japan’s government bond market has deteriorated to record levels amid this week’s sharp selloff, underscoring what many see as a buyers’ strike that has sent super-long yields soaring. The JGB Liquidity Index — which gives an indication of how much JGB yields deviate from levels that would be expected with ample liquidity — climbed to a record high on Tuesday. The gauge has been rising steadily since early last year, when volatility in the JGB market began to increase amid mounting fiscal concerns. That fragility was laid bare after Prime Minister Sanae Takaichi ’s election pledge to cut food taxes triggered a surge in long-end yields. Japan’s 30- and 40-year bond yields jumped more than 25 basis points to fresh highs, with the move spilling into global markets. Finance Minister Satsuki Katayama called on market participants to calm down, while US Treasury Secretary Scott Bessent said he had spoken with Katayama and acknowledged that the moves were affecting the Treasury market. The selloff forced some hedge funds to unwind losing positions, pushed life insurers to dump bonds, and caused at least one corporate bond investor to pull out of a multi-million dollar deal, Bloomberg News reported . The recent turmoil in JGBs reflects “dysfunction in a thin and fragile segment of the ultra-long end of the curve,” Bloomberg’s Japan economist Taro Kimura wrote in a note Wednesday. These bonds trade in illiquid conditions and are dominated by a narrow base of institutional investors, such as life insurers, while reduced purchases by the Bank of Japan — once a key buyer — have added to the market’s fragility. Japanese insurers sold a record amount of the nation’s super-long bonds last month, according to data from the Japan Securities Dealers Association. The concern is no longer simply that yields are high, but that when they rise, there may be no natural buyer left to absorb selling pressure. Meanwhile, the nature of risk in Japan’s bond market is being reshaped...
Reflecting the highly reactive element within its name, Sigma Lithium (NASDAQ: SGML) has been a volatile stock over the past few trading days. On Tuesday, its shares zoomed nearly 10% higher, largely due to positive news about a peer, after a significant drop the previous trading session. That peer is Albermarle , which, although larger and more diversified, still has a significant lithium busines...
Reflecting the highly reactive element within its name, Sigma Lithium (NASDAQ: SGML) has been a volatile stock over the past few trading days. On Tuesday, its shares zoomed nearly 10% higher, largely due to positive news about a peer, after a significant drop the previous trading session. That peer is Albermarle , which, although larger and more diversified, still has a significant lithium business. Continue reading
Live updates from the day session at Melbourne Park Women’s and men’s No 1s on Rod Laver Arena Any thoughts? Get in touch with an email Elsewhere around Melbourne Park, defending women’s singles champion, Madison Keys , overcame a wobbly start to defeat Ukrainian Oleksandra Oliynykova , who was nearly successful in throwing off her opponent with her unusual style. Tumaini Carayol took a closer loo...
Live updates from the day session at Melbourne Park Women’s and men’s No 1s on Rod Laver Arena Any thoughts? Get in touch with an email Elsewhere around Melbourne Park, defending women’s singles champion, Madison Keys , overcame a wobbly start to defeat Ukrainian Oleksandra Oliynykova , who was nearly successful in throwing off her opponent with her unusual style. Tumaini Carayol took a closer look at that encounter: Continue reading...
格隆汇1月21日｜当地时间周二，马斯克旗下 AI 初创公司 xAI 的联合创始人杨格在 X 上表示，自己被诊断出患有莱姆病，故决定从公司离职，不过他同时还将担任 xAI 的非正式顾问。 莱姆病是一种由受感染的蜱虫叮咬而传播的细菌性疾病，主要由伯氏疏螺旋体引起，早期症状包括发烧、头痛和特征性的“牛眼状”皮疹，若不及时治疗，可侵犯关节、心脏和神经系统。
格隆汇1月21日｜当地时间周二，马斯克旗下 AI 初创公司 xAI 的联合创始人杨格在 X 上表示，自己被诊断出患有莱姆病，故决定从公司离职，不过他同时还将担任 xAI 的非正式顾问。 莱姆病是一种由受感染的蜱虫叮咬而传播的细菌性疾病，主要由伯氏疏螺旋体引起，早期症状包括发烧、头痛和特征性的“牛眼状”皮疹，若不及时治疗，可侵犯关节、心脏和神经系统。