In this article WAT Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 1:36 01:36 Our separation columns are used for both of the large GLP-1 distributors, says Waters Corp. CEO Mad Money with Jim Cramer Waters CEO Udit Batra said China is emerging as a critical source of innovation in the global pharmaceutical industry, even as some investors remain cautious on the region. "They basi...
In this article WAT Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 1:36 01:36 Our separation columns are used for both of the large GLP-1 distributors, says Waters Corp. CEO Mad Money with Jim Cramer Waters CEO Udit Batra said China is emerging as a critical source of innovation in the global pharmaceutical industry, even as some investors remain cautious on the region. "They basically are the leading biotech industry right now, globally," he said on " Mad Money ." "Roughly one-third of the molecules that are in-licensed by large pharma today come from China." On Tuesday, Waters reported adjusted earnings per share of $2.70, topping estimates of $2.31. Revenue also beat expectations, coming in at $1.27 billion versus a $1.20 billion forecast. The strength was driven in large part by the company's pharmaceutical segment, which grew 14%, with broad-based demand across large drugmakers, contract manufacturers, and Chinese biotech firms. Regionally, growth was strongest in Asia. "Growth was broad based, with high single-digit growth in Americas and Europe," Batra said on the earnings call. "Asia grew nearly 30%, led by over 50% growth in China, low-teens growth in India, and low-teens growth in Japan." Batra said that performance reflects a deeper shift underway in China's pharma market, where innovation is offsetting weakness in other areas. "The generic segment of pharma in China has been declining for many years due to price restrictions," he said. "But innovation is rewarded." As more innovative drugs are developed in China, Batra noted that contract manufacturers are scaling up rapidly — not just producing medicines, but increasingly handling the full process from discovery through development. "They're trying to build their own version of a Pfizer or an AstraZeneca," he said. watch now VIDEO 6:55 06:55 Waters Corp. CEO Udit Batra goes one-on-one with Jim Cramer Mad Money with Jim Cramer Jim Cramer's Guide to Investing Click here to read Jim Cramer...
China urged the United States to drop its latest Section 301 investigations into alleged excess capacity, calling the probe legally flawed at a Washington hearing just days before a planned summit between Donald Trump and Xi Jinping. “[It] lacks sufficient statutory basis and supporting evidence” and “circumvents several established multilateral mechanisms”, Michelle Zang, speaking on behalf of th...
China urged the United States to drop its latest Section 301 investigations into alleged excess capacity, calling the probe legally flawed at a Washington hearing just days before a planned summit between Donald Trump and Xi Jinping. “[It] lacks sufficient statutory basis and supporting evidence” and “circumvents several established multilateral mechanisms”, Michelle Zang, speaking on behalf of the China Chamber of International Commerce (CCOIC), a state-backed trade body, told the hearing. The...
Claw machines are hard to miss in Hong Kong. The prize-filled devices are clustered in shops across the city, often in the retail void created by the pandemic. Players are understandably drawn to the instant gratification of what appears to be a game of skill. But there is also growing concern about the fairness of claw machines and the increasingly high-value prizes that can introduce gambling el...
Claw machines are hard to miss in Hong Kong. The prize-filled devices are clustered in shops across the city, often in the retail void created by the pandemic. Players are understandably drawn to the instant gratification of what appears to be a game of skill. But there is also growing concern about the fairness of claw machines and the increasingly high-value prizes that can introduce gambling elements addictive to some users – particularly young people. The authorities are rightly pursuing...
Frank Brennan/iStock Editorial via Getty Images It has been a few months since I covered Advanced Micro Devices, Inc. ( AMD ); my last article (check it here ) was in March. In this short time, the stock advanced 63%. This certainly was
Frank Brennan/iStock Editorial via Getty Images It has been a few months since I covered Advanced Micro Devices, Inc. ( AMD ); my last article (check it here ) was in March. In this short time, the stock advanced 63%. This certainly was
Ed Lallo/iStock via Getty Images In this time of geopolitical volatility, the fundamental case for midstream energy is anchored by domestic production strength and global export demand. For long-term passive income growth investors, the key is selecting toll-booth operators that benefit from record-breaking volumes regardless of short-term commodity
Ed Lallo/iStock via Getty Images In this time of geopolitical volatility, the fundamental case for midstream energy is anchored by domestic production strength and global export demand. For long-term passive income growth investors, the key is selecting toll-booth operators that benefit from record-breaking volumes regardless of short-term commodity
It’s Keira here, in an overcast Melbourne. The Reserve Bank of Australia has gone for a third straight rate hike, taking the cash rate to 4.35% and firmly putting Australia out on its own as other major central banks sit tight. Governor Michele Bullock signals the idea now is to create space to pause and watch inflation from here. Meanwhile, the global backdrop hasn’t become any less volatile. The...
It’s Keira here, in an overcast Melbourne. The Reserve Bank of Australia has gone for a third straight rate hike, taking the cash rate to 4.35% and firmly putting Australia out on its own as other major central banks sit tight. Governor Michele Bullock signals the idea now is to create space to pause and watch inflation from here. Meanwhile, the global backdrop hasn’t become any less volatile. The US says its offensive phase against Iran is over, but the country’s targeting of a cargo vessel after a day of strikes suggests the impact of the conflict is far from over for shipping disruptions and global oil flows. - Keira Wright, Australian Energy Reporter What’s happening now Australia’s central bank raised its key interest rate again, with Governor Michele Bullock signaling policymakers would now pause to assess the next steps. The US said offensive operations against Iran are over as it shifts to protecting shipping in the Strait of Hormuz. “Operation Epic Fury is concluded,” Secretary of State Marco Rubio told reporters at the White House Tuesday. Qantas Airways Chief Executive Officer Vanessa Hudson said she has turned more upbeat about jet fuel availability , a fresh sign of optimism among aviation leaders as the Iran war upends energy markets. ASX’s overhaul of its aging clearing and settlement systems remains on track for completion by the end of 2029, the Australian exchange operator’s outgoing chief said. And Australian Ethical Investment , a pension fund with about A$14 billion under management, is pressuring QBE Insurance Group over the potential threat extreme weather poses to future profitability. What happened overnight Relative calm returned to global markets, with stocks rising and oil falling as signs that a US-Iran ceasefire is still in place reduced fears about a full-scale war that could hamper the economic outlook. Rubio said he expects President Donald Trump and Chinese counterpart Xi Jinping to discuss Taiwan when they meet next week and that n...
Earnings Call Insights: Ecovyst (ECVT) Q1 2026 Management View CEO Kurt Bitting said the quarter started “consistent with the positive outlook for 2026” and highlighted demand drivers: “Sales for regeneration services were up on a double-digit percentage basis compared to the first quarter
Earnings Call Insights: Ecovyst (ECVT) Q1 2026 Management View CEO Kurt Bitting said the quarter started “consistent with the positive outlook for 2026” and highlighted demand drivers: “Sales for regeneration services were up on a double-digit percentage basis compared to the first quarter
Amid severe supply shortages, Micron and Sandisk have raised prices dramatically on critical memory products, fueling a stunning surge in their gross margins.
Amid severe supply shortages, Micron and Sandisk have raised prices dramatically on critical memory products, fueling a stunning surge in their gross margins.
Gold was steady after a gain as the US-Iran ceasefire continued to hold despite reports of a cargo vessel being targeted, easing fears of an escalation that would fuel inflation risks. Bullion traded around $4,550 an ounce, after rising 0.8% on Tuesday. The US has downplayed the prospect of a return to active war with Iran, but reports a cargo vessel was hit by an unknown projectile the day after ...
Gold was steady after a gain as the US-Iran ceasefire continued to hold despite reports of a cargo vessel being targeted, easing fears of an escalation that would fuel inflation risks. Bullion traded around $4,550 an ounce, after rising 0.8% on Tuesday. The US has downplayed the prospect of a return to active war with Iran, but reports a cargo vessel was hit by an unknown projectile the day after clashes involving ships in the Strait of Hormuz signaled a continuing simmering of tensions. US Defense Secretary Pete Hegseth said the truce that began just under a month ago was holding, while Secretary of State Marco Rubio said that offensive operations are over as Washington shifts to protecting shipping in the strait. Iranian Foreign Minister Abbas Araghchi said talks were “making progress.” Read More: US Says Offensive Phase of Iran War Over as Ship Hit in Strait While the pathway to a deal that reopens the strait remains distant, the relative calm is helping to soften energy prices and reduce inflationary pressure. That is easing expectations for Federal Reserve rate hikes, which would pressure non-yielding assets like gold. Spot gold dipped 0.2% to $4,550 an ounce at 6:42 a.m. in Singapore. Silver was 0.1% lower at $72.77. Platinum and palladium were little changed. The Bloomberg Dollar Spot Index , a gauge of the US currency, ended the previous session stable.
Earnings Call Insights: Vivid Seats (SEAT) Q1 2026 Management view "We entered fiscal year 2026 with a clear focus and road map to enhance our market position and financial trajectory" (CEO & Director Lawrence Fey), adding that "our first quarter results came in at the
Earnings Call Insights: Vivid Seats (SEAT) Q1 2026 Management view "We entered fiscal year 2026 with a clear focus and road map to enhance our market position and financial trajectory" (CEO & Director Lawrence Fey), adding that "our first quarter results came in at the