Sticky dates from palm trees aren’t just a popular way for Egyptians to break this month’s Ramadan fast — they’re an unexpected tool in the country’s bid for an export-backed economic revival. With the global market for the gooey brown superfood topping $29 billion, according to Mordor Intelligence , the North African nation that’s the world’s largest date-grower is poised to capitalize on the opp...
Sticky dates from palm trees aren’t just a popular way for Egyptians to break this month’s Ramadan fast — they’re an unexpected tool in the country’s bid for an export-backed economic revival. With the global market for the gooey brown superfood topping $29 billion, according to Mordor Intelligence , the North African nation that’s the world’s largest date-grower is poised to capitalize on the opportunities. Egypt notched up $105 million from date exports in 2024, about 20% up on the previous year and more than double the revenue a decade before, according to government data. Supporting the surge are a tree-planting spree, investment in infrastructure and Earth’s largest date-palm plantation. That’s good news for Egypt as it emerges from a two-year economic crisis and attempts to put a ramping up of industrial and agricultural exports at the heart of its resurgence. Authorities are looking to avoid any repeat of a chronic foreign-currency crunch that saw the country’s partners pledge a $57 billion bailout in early 2024. Date consumption surges in the Islamic holy month of Ramadan, which began Feb. 19 in Egypt, the Arab world’s most populous nation. While the vast majority of that crop is bought locally, exports are assuming greater prominence. Egypt produced about 2 million tons of dates last year and shipped some 88,000 tons, according to officials. That makes it the world’s eighth-largest exporter, with Saudi Arabia and Iran in the lead, data compiled by the United Nations’ Food and Agriculture Organization show. Egypt counts Morocco, Indonesia, Malaysia and Turkey among its major buyers. Hard-Currency Source “We should be a top date-exporting country,” Egyptian Agriculture Minister Alaa Farouk said this month at a pre-Ramadan exhibition. “It’s a very important source of hard currency and that’s why the state is invested in expanding the crop and the industry.” There are plenty more markets to conquer. According to the FAO, the world produces about 10 million tons...
Dividend investors often get too focused on dividend yield, forgetting that dividend growth is important, too. Indeed, if your dividends don't keep up with inflation, their buying power will actually shrink over time. A solid combination of yield and proven dividend growth can be had with PepsiCo (NASDAQ: PEP) and Realty Income (NYSE: O) . Image source: Getty Images. Continue reading
Dividend investors often get too focused on dividend yield, forgetting that dividend growth is important, too. Indeed, if your dividends don't keep up with inflation, their buying power will actually shrink over time. A solid combination of yield and proven dividend growth can be had with PepsiCo (NASDAQ: PEP) and Realty Income (NYSE: O) . Image source: Getty Images. Continue reading
LSEG CEO David Schwimmer joins Bloomberg TV to discuss its full year results, AI, and the changes Elliott Investment Management are pushing for. Schwimmer speaks with Bloomberg's Lizzy Burden and Anna Edwards on The Opening Trade. (Source: Bloomberg)
LSEG CEO David Schwimmer joins Bloomberg TV to discuss its full year results, AI, and the changes Elliott Investment Management are pushing for. Schwimmer speaks with Bloomberg's Lizzy Burden and Anna Edwards on The Opening Trade. (Source: Bloomberg)
MPs raise cases of honeymooners and other Britons caught out by new passport requirements as minister rejects calls for a grace period The Home Office has dismissed as “absurd” claims that it failed to properly communicate new border rules that left some British dual nationals at risk of being denied boarding flights to the UK. During a heated session in parliament on Wednesday, the Home Office mi...
MPs raise cases of honeymooners and other Britons caught out by new passport requirements as minister rejects calls for a grace period The Home Office has dismissed as “absurd” claims that it failed to properly communicate new border rules that left some British dual nationals at risk of being denied boarding flights to the UK. During a heated session in parliament on Wednesday, the Home Office minister Mike Tapp suggested that media coverage in the Guardian and BBC reflected the department’s efforts to publicise the changes. Continue reading...
The arrest of a Japanese journalist in Iran has puzzled observers and prompted speculation that it is linked to the US threat to attack the country over its nuclear programme. On Tuesday, Radio Free Europe reported the arrest of Shinnosuke Kawashima, the Tehran bureau chief for Japan’s national broadcaster NHK. The US government-funded news outlet reported that Kawashima was first detained on Janu...
The arrest of a Japanese journalist in Iran has puzzled observers and prompted speculation that it is linked to the US threat to attack the country over its nuclear programme. On Tuesday, Radio Free Europe reported the arrest of Shinnosuke Kawashima, the Tehran bureau chief for Japan’s national broadcaster NHK. The US government-funded news outlet reported that Kawashima was first detained on January 20 and later taken to the notorious Evin Prison, which has been used to hold political prisoners...
Dado Ruvic | Reuters BEIJING — U.S. chip giant Nvidia has yet to recoup its lost sales in China, despite Washington easing some restrictions, and the company is sounding the alarm about rising competition from Chinese rivals. "While small amounts of H200 [semiconductor] products for China-based customers were approved by the US government, we have yet to generate any revenue," Nvidia's CFO Colette...
Dado Ruvic | Reuters BEIJING — U.S. chip giant Nvidia has yet to recoup its lost sales in China, despite Washington easing some restrictions, and the company is sounding the alarm about rising competition from Chinese rivals. "While small amounts of H200 [semiconductor] products for China-based customers were approved by the US government, we have yet to generate any revenue," Nvidia's CFO Colette M. Kress said on an earnings call Wednesday local time, according to a FactSet transcript. "We do not know whether any imports will be allowed into China," she said. China once accounted for at least one-fifth of Nvidia's data center revenue. watch now VIDEO 5:35 05:35 Nvidia CEO Jensen Huang on AI's pressure on software stocks Squawk Box Asia U.S. export controls previously forced Nvidia to develop a lower-capability chip for the Chinese markets called the H20. New rules last April required Nvidia to halt those sales , before U.S. President Donald Trump in December allowed the U.S. company to ship the more advanced H200 chip to China, provided the U.S. got a 25% cut of sales. But sales have stalled amid reports of security scrutiny in both countries, despite Nvidia CEO Jensen Huang's lobbying in Washington, D.C. and a trip to China earlier this year . Global AI disruption The semiconductor giant also warned investors about rising competition from the world's second-largest economy. "Our competitors in China, bolstered by recent IPOs, are making progress and have the potential to disrupt the structure of the global AI industry over the long-term," Kress said. She urged the U.S. to encourage every developer and business, including those in China, to use American technology. Weekly analysis and insights from Asia's largest economy in your inbox Subscribe now A flurry of Chinese AI chipmakers and large language model developers have gone public in Hong Kong and mainland China in the last few months. Expectations that the companies could be alternatives to U.S.-developed AI te...
Micron’s stock has shown strong annual returns, albeit trailing some peers, sparking interest in its role within the surging AI and data-center memory supercycle. Analysis reveals robust revenue growth and operating profitability, second to NVDA, yet its free cash flow margin lags. With a moderate valuation against high-growth competitors, Micron demonstrates solid fundamentals amidst sold-out HBM...
Micron’s stock has shown strong annual returns, albeit trailing some peers, sparking interest in its role within the surging AI and data-center memory supercycle. Analysis reveals robust revenue growth and operating profitability, second to NVDA, yet its free cash flow margin lags. With a moderate valuation against high-growth competitors, Micron demonstrates solid fundamentals amidst sold-out HBM supply through 2026, positioning it strongly in the AI era. MU’s 32.5% operating margin, high versus peers but below NVDA’s 58.8%, signals robust memory market recovery versus NVDA’s AI chip pricing power. MU’s 45.4% revenue growth, outpacing WDC, INTC, AMD, QCOM but lagging NVDA, highlights memory market rebound versus NVDA’s AI dominance. MU’s 361.7% stock gain and 40.5 PE, though less than WDC’s returns, signals investor confidence in memory upcycle versus WDC’s data storage growth. Here’s how Micron Technology stacks up across size, valuation, and profitability versus key peers. MU WDC INTC NVDA AMD QCOM Market Cap ($ Bil) 482.6 99.2 227.3 4,757.4 343.1 156.0 Revenue ($ Bil) 42.3 10.7 52.9 187.1 34.6 44.9 PE Ratio 40.5 26.1 -851.2 48.0 79.1 29.1 LTM Revenue Growth 45.4% 28.1% -0.5% 65.2% 34.3% 10.3% LTM Operating Margin 32.5% 27.9% -0.0% 58.8% 10.7% 27.2% LTM FCF Margin 11.0% 21.5% -9.4% 41.3% 19.4% 28.8% 12M Market Return 361.7% 495.2% 103.9% 54.5% 102.8% -7.5% For more details on Micron Technology, read Buy or Sell MU Stock. Below we compare MU’s growth, margin, and valuation with peers across years Trefis: MU Stock Insights Revenue Growth Comparison LTM 2025 2024 2023 MU 45.4% 48.9% 61.6% -49.5% WDC 28.1% 50.7% 1.0% -66.7% INTC -0.5% -0.5% -2.1% -14.0% NVDA 65.2% 114.2% 125.9% 0.2% AMD 34.3% 34.3% 13.7% -3.9% QCOM 10.3% 13.7% 8.8% -19.0% Operating Margin Comparison LTM 2025 2024 2023 MU 32.5% 26.2% 5.2% -34.8% WDC 27.9% 22.4% 1.5% -6.4% INTC -0.0% -0.0% -8.9% 0.1% NVDA 58.8% 62.4% 54.1% 20.7% AMD 10.7% 10.7% 8.1% 1.8% QCOM 27.2% 28.0% 26.3% 24.1% PE Ratio Comparison...