By Shivangi Acharya NEW DELHI, March 12 (Reuters) - India is planning fresh incentives for local production of mobile phones after its flagship program for the burgeoning sector expires this month, two sources said, in a boost for global firms like Apple and Samsung. The South Asian nation's intent to continue supporting the industry comes as it stands to lose tariff advantage over China for ac...
By Shivangi Acharya NEW DELHI, March 12 (Reuters) - India is planning fresh incentives for local production of mobile phones after its flagship program for the burgeoning sector expires this month, two sources said, in a boost for global firms like Apple and Samsung. The South Asian nation's intent to continue supporting the industry comes as it stands to lose tariff advantage over China for access to the United States, with President Donald Trump's fentanyl-related levy on Beijing invalidated in a court ruling. Smartphone production is a key plank of Prime Minister Narendra Modi's agenda to bolster domestic manufacturing. India aims to expand its electronics manufacturing to $500 billion by the fiscal year 2030. The country produced nearly $60 billion worth of mobiles in the 2024-25 fiscal year, a 28-fold jump over a decade, government data shows. Mobile exports over the same period have risen to nearly in $21.70 billion, a 127-fold jump, making for India's most exported product in 2025. New Delhi is considering linking the new incentives to exports to further push globally competitive production, an Indian official said. It is likely to cover investments from April this year, the official added. Previously, industry leaders like Apple and Samsung leaned on the nation's production-linked incentive scheme, a nearly $21 billion program designed to rival China's factory might, that expires this month. It helped Apple manufacture its most expensive and latest cellphone models in India, after having started with low-cost versions. Trump's high tariffs on China also encouraged some production shift. India's Ministry of Electronics and Information Technology has held consultations with the industry on designing the scheme, an industry executive aware of the talks said. The ministry did not immediately respond to an email seeking comment. ($1 = 92.1700 Indian rupees) (Additional reporting by Munsif Vengattil; Editing by Chizu Nomiyama )
Seeking Alpha More on Ballard Power Systems Inc. Ballard Power Systems Q4 2025 Earnings Preview Ballard jumps on commercial agreement with New Flyer for 50 MW of fuel cell bus engines Historical earnings data for Ballard Power Systems Inc. Financial information for Ballard Power Systems Inc.
Seeking Alpha More on Ballard Power Systems Inc. Ballard Power Systems Q4 2025 Earnings Preview Ballard jumps on commercial agreement with New Flyer for 50 MW of fuel cell bus engines Historical earnings data for Ballard Power Systems Inc. Financial information for Ballard Power Systems Inc.
AM-C/iStock Unreleased via Getty Images Deutsche Bank ( DB ) stock was trading lower as the German lender said it is not exposed to significant non-bank financial institutions-related credit risks, but faces indirect risks through interconnected portfolios and counterparties. Shares were 4.31% down to $30.17 during Thursday's pre-market trading. "Private credit and activities from non-bank financi...
AM-C/iStock Unreleased via Getty Images Deutsche Bank ( DB ) stock was trading lower as the German lender said it is not exposed to significant non-bank financial institutions-related credit risks, but faces indirect risks through interconnected portfolios and counterparties. Shares were 4.31% down to $30.17 during Thursday's pre-market trading. "Private credit and activities from non-bank financial institutions, continued to face pressure from higher interest rates, refinancing risks, and subdued investor sentiment," said the bank in its 2025 annual report. "Failures of a select number of sub-prime lenders in the U.S. increased investor focus on risks associated with private credit and raised wider concerns around underwriting standards and fraud risk. Although Deutsche Bank is not exposed to significant risks related to NBFIs, the bank could face potential indirect credit risks through interconnected portfolios and counterparties," according to the report. Such risks could lead to a deterioration in Deutsche's portfolio quality and higher-than-expected credit losses. The lender also faces increased capital and liquidity demands as clients draw down on funding lines. Deutsche said it is monitoring the risks around private credit. The banking giant's private credit portfolio accounted for €25.9B in 2025 (up from €24.5B in 2024) of the loans at amortized cost. "The bank applies conservative underwriting standards to its private credit exposures, including assessment of sponsor and investor quality and other structural features. Advance rates are linked to the overall risk profile of the underlying exposure. Portfolios are managed under dedicated risk appetite frameworks with regular stress testing and active monitoring of credit performance, collateral values and underlying diversification," said the report. More on Deutsche Bank Deutsche Bank: A Bullish Refocus On European Banks Emerges (Upgrade) Deutsche Bank Aktiengesellschaft 2025 Q4 - Results - Earnings Call Pre...
(RTTNews) - Sunbelt Rentals Holdings, Inc. (SUNB) revealed earnings for third quarter that Dropped, from last year The company's bottom line came in at $290 million, or $0.69 per share. This compares with $325 million, or $0.74 per share, last year. The company's revenue for the period rose 2.7% to $2.637 billion from $2.567 billion last year. Sunbelt Rentals Holdings, Inc. earnings at a glance (G...
(RTTNews) - Sunbelt Rentals Holdings, Inc. (SUNB) revealed earnings for third quarter that Dropped, from last year The company's bottom line came in at $290 million, or $0.69 per share. This compares with $325 million, or $0.74 per share, last year. The company's revenue for the period rose 2.7% to $2.637 billion from $2.567 billion last year. Sunbelt Rentals Holdings, Inc. earnings at a glance (GAAP) : -Earnings: $290 Mln. vs. $325 Mln. last year. -EPS: $0.69 vs. $0.74 last year. -Revenue: $2.637 Bln vs. $2.567 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Elon Musk’s Tesla has been given the green light to start supplying electricity to households and businesses in Britain. The company’s subsidiary, Tesla Energy Ventures, has been granted a licence by energy watchdog Ofgem to provide electricity to domestic and non-domestic consumers in England, Wales and Scotland. It took effect on Wednesday following a seven-month review that considered whether t...
Elon Musk’s Tesla has been given the green light to start supplying electricity to households and businesses in Britain. The company’s subsidiary, Tesla Energy Ventures, has been granted a licence by energy watchdog Ofgem to provide electricity to domestic and non-domestic consumers in England, Wales and Scotland. It took effect on Wednesday following a seven-month review that considered whether the company could safely and reliably run an energy business. Mr Musk, who is the world’s richest man, runs the electric car manufacturer and also has a solar energy and battery storage business. Tesla has been involved in the UK energy market since 2020, when it was granted a licence to be an electricity generator. In the US, the group is already an electricity supplier in Texas. Tesla owner Elon Musk is the world’s richest man (Kirsty Wigglesworth/PA) · Kirsty Wigglesworth The company faced a backlash to its application last year, with campaign group Best for Britain saying thousands of people had used its online tool to lodge objections with Ofgem. The criticism was rooted in Mr Musk’s political activity, including his support for Donald Trump and far-right activist Tommy Robinson, real name Stephen Yaxley-Lennon, and the changes made to social media platform X, formerly Twitter, since taking ownership. Furthermore, Energy Secretary Ed Miliband branded the billionaire boss as a “dangerous person” and said that he had called for the overthrow of the Government and incited violence on the streets. Tesla lost its title as the world’s best-selling electric vehicle (EV) maker in January after reporting declining sales for the second year in a row. The car maker delivered 1.64 million vehicles in 2025, down 9% from a year earlier. Chinese rival BYD, which sold 2.26 million vehicles last year, is now the biggest EV maker. Tesla Energy’s licence means it must now comply with Ofgem’s rules, including treating customers fairly and maintaining consumer protections and financial resp...
The tech space isn't the only place to find attractive growth stocks. The consumer space is also a great place to find growth, and the sector tends to be less vulnerable to technological disruption. Let's look at two great consumer growth stocks to buy this month. Dutch Bros One of the best growth stories in the market right now is a little coffee shop operator out of Oregon called Dutch Bros (BRO...
The tech space isn't the only place to find attractive growth stocks. The consumer space is also a great place to find growth, and the sector tends to be less vulnerable to technological disruption. Let's look at two great consumer growth stocks to buy this month. Dutch Bros One of the best growth stories in the market right now is a little coffee shop operator out of Oregon called Dutch Bros (BROS 1.19%). While it shares Pacific Northwest roots with Starbucks, the concepts are actually quite different. While Starbucks looks to deliver an upscale coffeehouse experience where customers can sit down, relax, and enjoy sipping their beverages, Dutch Bros is all about speed. It operates small shops that are mostly served by drive-thrus, with most not having indoor seating. Expand NYSE : BROS Dutch Bros Today's Change ( -1.19 %) $ -0.62 Current Price $ 51.59 Key Data Points Market Cap $6.6B Day's Range $ 50.85 - $ 52.52 52wk Range $ 46.52 - $ 77.88 Volume 377 Avg Vol 4.8M Gross Margin 25.68 % Consumers love its sugary coffee concoctions and energy drinks, and its popularity is growing as the company invests in brand awareness building. Meanwhile, the introduction of mobile buy-ahead ordering has been helping drive same-store sales, and the introduction of hot food items looks to be its next big comparable-restaurant driver. More than anything, though, Dutch Bros is a great regional-to-national expansion story. Given the size of its coffee shops, the cost to build a new store is cheap, allowing the company to see quick returns and fund its expansion through its cash flow. It currently has fewer than 1,100 locations, with plans to open 2,029 by 2029 and 7,000 in the U.S. over the long term. Between its same-store sales growth and expansion opportunities, Dutch Bros is a stock to own. e.l.f. Beauty Two of the biggest growth drivers in the consumer space tend to be expansion for retailers and restaurants, and distribution and shelf-space gains for brands. While Dutch Bros fal...
(RTTNews) - United Homes Group, Inc. (UHG) revealed a profit for its fourth quarter that Increased, from last year The company's bottom line totaled $3.204 million, or $0.05 per share. This compares with $0.667 million, or $0.01 per share, last year. The company's revenue for the period fell 8.5% to $123.391 million from $134.812 million last year. United Homes Group, Inc. earnings at a glance (GA...
(RTTNews) - United Homes Group, Inc. (UHG) revealed a profit for its fourth quarter that Increased, from last year The company's bottom line totaled $3.204 million, or $0.05 per share. This compares with $0.667 million, or $0.01 per share, last year. The company's revenue for the period fell 8.5% to $123.391 million from $134.812 million last year. United Homes Group, Inc. earnings at a glance (GAAP) : -Earnings: $3.204 Mln. vs. $0.667 Mln. last year. -EPS: $0.05 vs. $0.01 last year. -Revenue: $123.391 Mln vs. $134.812 Mln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Jeff J Mitchell/Getty Images News EZCORP Overview and Market Opportunity EZCORP ( EZPW ) is an owner and operator of 1,383 pawn shops in the U.S. and Latin America, offering consumers access to short-term cash by using personal items as collateral. The company makes money through interest payments on loans made to consumers and the eventual sale of collateralized items that went unclaimed. EZCORP ...
Jeff J Mitchell/Getty Images News EZCORP Overview and Market Opportunity EZCORP ( EZPW ) is an owner and operator of 1,383 pawn shops in the U.S. and Latin America, offering consumers access to short-term cash by using personal items as collateral. The company makes money through interest payments on loans made to consumers and the eventual sale of collateralized items that went unclaimed. EZCORP has become more favorable among consumers facing higher interest rates and credit issues, as the company does not require credit checks, bank accounts, and/or other verifications. More recently, EZCORP has engaged in strategic transactions to expand its pawn store offerings. EZCORP acquired Founders One, which adds 105 stores operating under the "La Familia Pawn and Jewelry" and "CashWiz" brands across 12 countries. Q1 FY 2026 Earnings Report In Q1 FY 2026, EZCORP reported total revenues of $374.5M, compared to $320M in Q1 FY 2025. Much of this increase was attributed to higher scrap, merchandise sales, and pawn service charges (PSC). While the rise of precious metal prices had bolstered company revenues, EZCORP's Latin America growth has also been very impressive. Management reported an 18% YoY increase in PSC, driven by same-store PLO growth and new stores. The company also reported EBITDA of $70.3M, up 36% YoY, with an EBITDA margin of 19%, increasing by 260 bps YoY. This strong performance has bolstered EZCORP's balance sheet; short-term cash & cash equivalents as of December 31, 2025 were ~$466M. This totally ignores the company's acquisition of Founders One, as the transaction closed after the balance sheet date. However, I don't expect management to slow its acquisition strategy as it looks to use idle cash to grow its Latin American pawn markets, which have seen stronger growth than U.S. markets. EZCORP Buy Thesis While many investors may think that the recent price spike in the precious metals market is the only catalyst to EZCORP, I see a broader unfolding of a wo...
This season on Build Mode, we’re diving into what it takes to build a world-class founding team. This week we’re exploring different kinds of co-founder dynamics and what it takes to build a startup with your family. Building with a family member or spouse comes with major benefits like built-in trust and an “always-on” mentality, but it can also create challenges when all the startup risk is comi...
This season on Build Mode, we’re diving into what it takes to build a world-class founding team. This week we’re exploring different kinds of co-founder dynamics and what it takes to build a startup with your family. Building with a family member or spouse comes with major benefits like built-in trust and an “always-on” mentality, but it can also create challenges when all the startup risk is coming from one household. Build Mode’s Isabelle Johannessen sat down with Hala Jalwan and Alessio Tresanti, spouses and co-founders of Rivio, an AI procurement startup. Jalwan and Tresanti both believe in going all in on their ideas and loved building things together, from community events to cross-country road trips. They found they naturally took simple ideas and blew them up to their most epic potential. So when they got the idea for Rivio, they were confident that they would both be able and willing to commit fully. As Rivio has grown, they have two main takeaways: First, co-founders should have clearly defined lanes. Second, it’s a good idea to bring in a third co-founder as a tie-breaker. Rivio’s third co-founder and CTO is Leo Larrere. “It’s great because honestly it fits perfectly into this relationship,” Tresanti said about Larrere. “It’s obviously a three-co-founder relationship. He’s also the one that brings sanity to the conversation and can draw the line sometimes.” In the second half of the episode, Johannessen talks with Anna Sun, the co-founder of Nowadays, an AI co-pilot for corporate event planning that she launched with her sister Amy shortly after graduating from MIT. Sun spoke about how the two built their team out of friends and former co-workers, and created a culture that’s based in community. There’s a built-in trust, not only between the sisters-turned-co-founders but also throughout the team as a whole. “Because we’re sisters, we trust each other so much that I remember even previously, when I would start ideas with friends, you always feel like, ‘Oh...
Ballard Power Systems press release ( BLDP ): Q4 Adjusted EBITDA was (11.6) million Revenue of $33.6M (+37.1% Y/Y) beats by $1.36M . Heavy Duty Mobility revenue of $28.6 million, 70% higher year-over-year, driven primarily by bus and rail revenues, the latter of which grew 892% to $10.8 million. Stationary revenue was $3.2 million, (54% lower year-over-year), and Emerging and Other Markets revenue...
Ballard Power Systems press release ( BLDP ): Q4 Adjusted EBITDA was (11.6) million Revenue of $33.6M (+37.1% Y/Y) beats by $1.36M . Heavy Duty Mobility revenue of $28.6 million, 70% higher year-over-year, driven primarily by bus and rail revenues, the latter of which grew 892% to $10.8 million. Stationary revenue was $3.2 million, (54% lower year-over-year), and Emerging and Other Markets revenue was $1.8 million or 138% higher compared to Q4 2024 Order Backlog at the end of 2025 was $119.3 million, reflecting strong Q4 shipment activity and solid new order intake of $20.1 million. Fourth‑quarter deliveries grew 37%YoY, driven by continued demand for our Power Products portfolio, which now represents more than 99% of our backlog. The 12-month Orderbook was $53.9 million at end-Q4, a decrease of $17.7 million or approximately 25%, from the end of Q3 2025 as we delivered a significant volume of fuel cell products in Q4. 2026 Guidance Total Operating Expense $65 - $75 million Capital Expenditure $5 - $10 million Click to enlarge Shares +1.4% PM. More on Ballard Power Systems Inc. Ballard Power Systems Q4 2025 Earnings Preview Ballard jumps on commercial agreement with New Flyer for 50 MW of fuel cell bus engines Historical earnings data for Ballard Power Systems Inc. Financial information for Ballard Power Systems Inc.