Apple (AAPL.US) accelerates production diversification: Reports indicate a 53% increase in iPhone production in India last year, with 25% of iPhones now manufactured in India. 富途牛牛
Apple (AAPL.US) accelerates production diversification: Reports indicate a 53% increase in iPhone production in India last year, with 25% of iPhones now manufactured in India. 富途牛牛
When he started trading in 2020, Lito Chen followed mostly well-trodden advice, tucking his modest university student savings into the kinds of blue-chip stocks like liquor companies that analysts had touted as safe bets. They proved to be anything but, erasing his nest egg and eroding his confidence in mainstream financial analysis. So when doing research for his next round of investment picks in...
When he started trading in 2020, Lito Chen followed mostly well-trodden advice, tucking his modest university student savings into the kinds of blue-chip stocks like liquor companies that analysts had touted as safe bets. They proved to be anything but, erasing his nest egg and eroding his confidence in mainstream financial analysis. So when doing research for his next round of investment picks in the first half of 2024, Chen turned to what many young people know best: artificial intelligence chatbots and the social media hive mind. Investing in a mix of tech, defense, mining and other stocks recommended by internet friends and chatbots like Kimi and Zhipu, he’s clawed back his earlier losses—and then some. “I’ll rely more on AI for stock selection in the future,” says Chen, a 24-year-old student in Shanghai. “Some of the stocks it picked for me really just kept rallying nonstop.” Young, technologically savvy, even defiant, Chen represents China’s newest generation of retail investors. These bold Generation Z traders have earned a nickname in China: Xiao Dengs, or “little guys”—and their swelling ranks are propelling the country’s more than $14 trillion stock market. From September 2024 to January 2025, the number of investors under 30 in China doubled, accounting for about one-third of the country’s retail investor base of 240 million traders, according to a study by brokerage Ping An Securities Co. and Hurun Research Institute. Investors under 35 (which would include the youngest millennials as well as all of Gen Z) are behind more than 45% of new trading accounts opened last year, up 5 percentage points from the previous year, local media outlet Jiemian reports. Yang Delong , chief economist at First Seafront Fund Management Co., has said 2025 was the year when Xiao Deng trades dominated the market with “unmatched flair.” The Xiao Dengs’ preference for high-growth stocks has helped fuel the latest tech craze, while their rapid-fire trading style has amped up mark...
Credits Designed and developed by Alyson Hurt and Brent Jones, building on previous work by Thomas Wilburn, Audrey Carlsen, Hilary Fung and Shajia Abidi. Edited by Dana Farrington, Heidi Glenn, Megan Pratz and Benjamin Swasey Photos by Kent Nishimura/Getty Images, Kevin Dietsch/Getty Images, Jamie McCarthy/Getty Images, Scott Olson/Getty Images, Micah Green/Bloomberg via Getty Images, Theo Wargo/G...
Credits Designed and developed by Alyson Hurt and Brent Jones, building on previous work by Thomas Wilburn, Audrey Carlsen, Hilary Fung and Shajia Abidi. Edited by Dana Farrington, Heidi Glenn, Megan Pratz and Benjamin Swasey Photos by Kent Nishimura/Getty Images, Kevin Dietsch/Getty Images, Jamie McCarthy/Getty Images, Scott Olson/Getty Images, Micah Green/Bloomberg via Getty Images, Theo Wargo/Getty Images, Jim Watson/AFP via Getty Images and Charlie Neibergall/AP Photo Sources: Electoral results from the AP. Population data are 2017-2022 ACS 5-year estimates. Candidates receiving less than 1% support not shown individually. The percentage of results in is an estimate from the AP.
To get John Authers’ newsletter delivered directly to your inbox, sign up here . Today’s Points: So far this week, Brent crude surged from $93.50 to $118.90 — and back to $88. President Trump has predicted that the war with Iran will resolve “very soon.” US stocks gained on this news — the Nasdaq is now higher for the month. Asian stocks bounced Tuesday after a serious selloff. AND: Putting out th...
To get John Authers’ newsletter delivered directly to your inbox, sign up here . Today’s Points: So far this week, Brent crude surged from $93.50 to $118.90 — and back to $88. President Trump has predicted that the war with Iran will resolve “very soon.” US stocks gained on this news — the Nasdaq is now higher for the month. Asian stocks bounced Tuesday after a serious selloff. AND: Putting out the fire with a few songs about oil. Short, Sharp Shock? Years go by with less activity in the oil market than we have witnessed in just the first day of this week. The lingering question is whether all’s well that ends well . Crude prices surged almost to $120, in a sharper and more sudden rise even than ever occurred in the early days of the Ukraine invasion. Is it more important that traders took the price this high, or that they swiftly thought better of it, and brought it back below $90 ? These are unusual events and while they were in part driven by exceptionally volatile news flow, it would be misleading to try to label the chart with events to explain the moves. Iran’s choice of the son of the late Ayatollah Ali Khamenei as new supreme leader seemed a bad sign of intransigence to open the day. Reports that the G-7 was prepared to tap oil reserves if needed helped to bring the price under control, and then President Donald Trump ’s comment that the war would be short prompted the drop to $90. But it’s impossible to explain all of the moves with news flow. Sentiment is driving this , and some traders were evidently willing to panic. But it’s equally true that they weren’t comfortable leaving oil above the landmark of $100. Oil is naturally giving a lead to other markets . Asian exchanges, open when the oil spike was at its worst, took severe damage, while the main US indexes were flat. Overall, the reaction in stocks continues to be surprisingly calm given the extreme goings-on in commodities markets. Geography has asserted itself with Asia and Europe, physically close ...
An investigation into allegedly corrupt flood-control projects worth billions of pesos is beginning to ripple through the Philippines ’ public finances, slowing infrastructure spending and adding uncertainty to the government’s investment-driven growth strategy. The budget deficit widened 4.68 per cent to 1.58 trillion pesos (US$26.5 billion) in 2025, Treasury Bureau data showed, surpassing 2024’s...
An investigation into allegedly corrupt flood-control projects worth billions of pesos is beginning to ripple through the Philippines ’ public finances, slowing infrastructure spending and adding uncertainty to the government’s investment-driven growth strategy. The budget deficit widened 4.68 per cent to 1.58 trillion pesos (US$26.5 billion) in 2025, Treasury Bureau data showed, surpassing 2024’s record of 1.51 trillion pesos. Despite slowing disbursements amid tighter scrutiny of public works projects, the deficit still breached the government’s 1.56 trillion-peso ceiling. Advertisement At 5.63 per cent of gross domestic product by year-end, the deficit was an improvement on 2024’s 5.7 per cent but remained above the government’s 5.5 per cent target. Rescuers evacuate a woman from her flooded home in Iligan, Lanao del Norte province on February 6. Photo: AFP This shows the corruption investigation is already taking its toll on government spending and investor confidence, analysts say.
Whenever South African officials meet their Chinese counterparts to talk trade, the issue of the imbalance in China’s favour is almost certainly raised. But a discrepancy in the data from the two sides makes it hard to assess the trade gap. The latest Chinese customs data suggests that South Africa actually holds a surplus – exporting more to the world’s second-largest economy than it receives in ...
Whenever South African officials meet their Chinese counterparts to talk trade, the issue of the imbalance in China’s favour is almost certainly raised. But a discrepancy in the data from the two sides makes it hard to assess the trade gap. The latest Chinese customs data suggests that South Africa actually holds a surplus – exporting more to the world’s second-largest economy than it receives in return. Advertisement According to the numbers from Beijing, China recorded US$30.58 billion in imports from South Africa last year. However, the South African data for the same period – via the United Nations International Trade Statistics Database, or UN Comtrade – shows the country shipped goods worth US$13.5 billion to China. China sends mainly value-added manufactured goods like solar panels to South Africa. Photo: AFP Observers said this multibillion-dollar statistical gap was a reflection of how the true flow of goods between nations could be masked by different reporting practices and “opaque” global commodity chains.
kyoshino/E+ via Getty Images 6:00 AM NFIB Small Business Optimism Index The small business optimism index is compiled from a survey that is conducted each month by the National Federation of Independent Business (NFIB) of its members. Business sentiment is expected to edge up marginally to 99.7 from 99.3 in the previous month. 10:00 AM Existing Home Sales Existing home sales tally the number of pr...
kyoshino/E+ via Getty Images 6:00 AM NFIB Small Business Optimism Index The small business optimism index is compiled from a survey that is conducted each month by the National Federation of Independent Business (NFIB) of its members. Business sentiment is expected to edge up marginally to 99.7 from 99.3 in the previous month. 10:00 AM Existing Home Sales Existing home sales tally the number of previously constructed homes, condominiums, and co-ops in which a sale closed during the month. Sales remain in doldrums, expected at 3.88 million unit rate versus 3.91 million a month earlier. 1:00 PM 3-Yr Note Auction Treasury notes are sold at regularly scheduled public auctions. The competitive bids at these auctions determine the interest rate paid on each Treasury note issue. More on U.S. Markets Crude Oil WTI Spikes By 28% Overnight To $116, Gasoline Futures +17%; Asian Stocks Plunge, U.S. Stock Futures Deep Red Weekly Market Pulse: Repeating History? Early Impact Of Iran War Is Low, But Economic Risks Are Rising JPMorgan’s Kelly says U.S. economy showing no job growth after February report: CNBC interview Treasury yields drop after negative payrolls surprise, then rebound
This is the forum for daily political discussion on Seeking Alpha. A new version is published every market day. Please don't leave political comments on other articles or posts on the site. The comments below are not regulated with the same rigor as the rest of the site, and this is an 'enter at your own risk' area as discussion can get very heated. If you can't stand the heat... you know what the...
This is the forum for daily political discussion on Seeking Alpha. A new version is published every market day. Please don't leave political comments on other articles or posts on the site. The comments below are not regulated with the same rigor as the rest of the site, and this is an 'enter at your own risk' area as discussion can get very heated. If you can't stand the heat... you know what they say... More on Today's Markets: Moderation Guidelines: We remove comments under the following categories: Personal attacks on another user account Anti-Vaxxer or covid related misinformation Stereotyping, prejudiced or racist language about individuals or the topic under discussion. Inciting violence messages, encouraging hate groups and political violence. Regardless of which side of the political divide you find yourself, please be courteous and don't direct abuse at other users. For any issue with regards to comments please email us at : moderation@seekingalpha.com. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Klaus Vedfelt/DigitalVision via Getty Images Towards the end of 2025, I concluded in my investment group, Value In Corporate Events, that Waters ( WAT ) found itself in calmer waters. This followed a mega deal to acquire the Biosciences & Diagnostics Solutions business from Becton, Dickinson ( BDX ) . Shares had rallied nearly 30% in the time frame of just about 2 months, making that buying opport...
Klaus Vedfelt/DigitalVision via Getty Images Towards the end of 2025, I concluded in my investment group, Value In Corporate Events, that Waters ( WAT ) found itself in calmer waters. This followed a mega deal to acquire the Biosciences & Diagnostics Solutions business from Becton, Dickinson ( BDX ) . Shares had rallied nearly 30% in the time frame of just about 2 months, making that buying opportunity gone, as shares subsequently commanded elevated valuation multiples, despite potential for synergies and the company becoming a bigger and stronger business. These gains are now completely given up again, as Waters is doing just fine, yet the acquired activities appear to operate a bit on the softer side, providing a real opportunity with shares having fallen back to the $300 mark. About The Deal? Waters has long been an organic growth compounder, providing quality and precision solutions in the areas of liquid chromatography, thermal analysis, and mass spectrometry in markets like pharma, food, clinical, academic, and environmental. These product solutions are complemented by consumables, services, and information, all designed to improve the efficiency, safety, and quality of such products and processes. Waters was a nearly $3 billion business on its own, with adjusted EBIT margins reported at a third of sales. This business traded at $350 over the summer, as a $22 billion enterprise valuation came in at 7 times sales and about 30 times adjusted earnings. This thesis changed following a $17.5 billion deal to acquire the Biosciences & Diagnostics Solutions business from Becton, Dickinson, as announced in July last year. The idea was not just to grow and broaden the business but to add expertise in cytometry and diagnostics. The deal involved a substantial $4 billion cash component and about 39% equity share granted in its own business, involving some 39 million shares to be issued, pushing up the share count to 98 million shares. With pro forma sales seen up to $6.5 ...
peshkov/iStock via Getty Images Clavirate Plc ( CLVT ) surged a week ago on Q4 earnings , drawing long-sought positive attention from the market at a time when software is selling off, coupled with AI CAPEX fears and unrest in the Middle East, which have all been pushing investors toward safer pockets of the market. Clarivate, being a global data analytics company that operates a collection of sub...
peshkov/iStock via Getty Images Clavirate Plc ( CLVT ) surged a week ago on Q4 earnings , drawing long-sought positive attention from the market at a time when software is selling off, coupled with AI CAPEX fears and unrest in the Middle East, which have all been pushing investors toward safer pockets of the market. Clarivate, being a global data analytics company that operates a collection of subscription-based services in data analytics and workflow solutions to academia, government, life sciences, and intellectual property markets, isn't immune to the general weak sentiment dominating the software sector at the moment. But what is different at the moment is that the company has been quietly rebuilding over the past few years, so I believe Clarivate's recovery case is stronger than the broader market fears. Clarivate Overview I'd do an overview on Clarivate Plc, as this is my initiating coverage here on Seeking Alpha. This is also to help investors who may not be familiar with the ticker and only picked up interest following the post-Q4 earnings surge, to serve as a one-stop primer into the company and a summary of its operational history. Clarivate started out as part of Thomson Reuters' Intellectual Property and Science division (known then as Clarivate Analytics) before going public in 2019 via a $4.2 billion SPAC . Since going public, Clarivate slowly lost investors and analysts' confidence. There were acquisitions that turned out to be counter-accretive to shareholder value. Thus, in most cases, a lot of analysts and investors quietly moved on from the stock. Clarivate went public on a solid note with ~$690 million in trust money from the shell it merged with, boosting the balance sheet freshly from its private equity era under Onex and Bain. Clarivate also had a compelling pitch as mainly a high-retention, subscription-first data business serving essential academic and IP markets. But the decisions of management in the years that followed soon put the compan...
The onshore yuan rose after the People’s Bank of China strengthened the daily reference rate for the managed currency by the most since January 2025. China’s currency advanced as much as 0.4% to around 6.88 per dollar on Tuesday. It had touched a one-month low in the last session as surging oil prices pummeled emerging Asian currencies. Prospects of an end to the war in Iran have softened oil pric...
The onshore yuan rose after the People’s Bank of China strengthened the daily reference rate for the managed currency by the most since January 2025. China’s currency advanced as much as 0.4% to around 6.88 per dollar on Tuesday. It had touched a one-month low in the last session as surging oil prices pummeled emerging Asian currencies. Prospects of an end to the war in Iran have softened oil prices and supported regional currencies. Additionally, the yuan is gaining a tailwind from the PBOC’s stronger reference rate, which keeps the exchange rate within a 2% range around it. “It seems the PBOC is comfortable to allow greater flexibility of USD/CNY despite global market volatility recently,” said Becky Liu , head of greater China strategy at Standard Chartered Bank HK Ltd. This probably reflects largely balanced supply-demand dynamics in the onshore market and relatively light speculative positions, she said. The yuan has weakened around 0.3% this month amid the Middle East war, posting smaller losses than other Asian currencies, thanks to support from the PBOC’s fixing. That’s helped sustain bets on a stronger yuan in the options markets, with traders positioning for a move toward 6.50 per dollar by year end. Chinese Markets Weather Iran War Turmoil Better Than Asian Peers The PBOC strengthened the yuan’s reference rate by 0.25% to 6.8982 per dollar on Tuesday. It was also the strongest level since April 2023. StanChart’s Liu said the bank is maintaining its forecast for the currency to advance to 6.85 per dollar by year-end. She expects strong currency fundamentals, China’s push to internationalize it and desire to reduce trade tensions to support bets yuan gains.
Key Points 13D Management LLC sold 132,779 shares of Match Group Quarter-end position value decreased by $4.69 million, reflecting the combined effect of the share sale and price movement Change represented 5.6% of 13F reportable assets under management The position was previously 4.5% of the fund’s AUM as of the prior quarter, marking a significant reduction during broader fund downsizing 10 stoc...
Key Points 13D Management LLC sold 132,779 shares of Match Group Quarter-end position value decreased by $4.69 million, reflecting the combined effect of the share sale and price movement Change represented 5.6% of 13F reportable assets under management The position was previously 4.5% of the fund’s AUM as of the prior quarter, marking a significant reduction during broader fund downsizing 10 stocks we like better than Match Group › What happened According to an SEC filing published February 17, 2026, 13D Management LLC sold its entire holding of 132,779 Match Group (NASDAQ:MTCH) shares during the fourth quarter. The quarter-end value change, including stock price effects, was $4.69 million. What else to know Direction recap: 13D Management LLC fully exited its Match Group stake; the post-trade position represents n/a of 13F reportable AUM Top holdings after the filing: NYSE:TWLO: $8.64 million (10.3% of AUM) NASDAQ:MRCY: $7.58 million (9.0% of AUM) NASDAQ:VSAT: $6.95 million (8.3% of AUM) NYSE:ALV: $6.63 million (7.9% of AUM) NYSE:PSO: $6.44 million (7.7% of AUM) As of February 13, 2026, shares of Match Group were priced at $30.50, down 8.2% over one year and underperformed the S&P 500 by 20.0 percentage points The fund reported 16 positions post-filing, with total 13F reportable AUM of $84.05 million. Company/Etf overview Metric Value Revenue (TTM) $3.49 billion Net income (TTM) $613.45 million Dividend yield 2.5% Price (as of market close February 13, 2026) $30.50 Company/Etf snapshot Match Group offers a portfolio of dating products, including Tinder, Match, Hinge, OkCupid, and other brands. It operates a digital platform business model, monetizing user engagement via subscription fees, in-app purchases, and advertising across its suite of dating applications. Match Group targets a global consumer base seeking online dating and relationship services, with a focus on diverse demographics and age groups. What this transaction means for investors Online dating plat...