Rayonier Advanced Materials (RYAM) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to a loss of $0.1 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -211.11%. A quarter ago, it was expected that this maker of cellulose products would post a loss...
Rayonier Advanced Materials (RYAM) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to a loss of $0.1 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -211.11%. A quarter ago, it was expected that this maker of cellulose products would post a loss of $0.07 per share when it actually produced a loss of $0.07, delivering no surprise. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Rayonier Advanced Materials, which belongs to the Zacks Paper and Related Products industry, posted revenues of $417 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 14.09%. This compares to year-ago revenues of $422 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Rayonier Advanced Materials shares have added about 62.3% since the beginning of the year versus the S&P 500's gain of 0.5%. What's Next for Rayonier Advanced Materials? While Rayonier Advanced Materials has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an...
Earnings Call Insights: Grupo Supervielle S.A. (SUPV) Q4 2025 Management View CEO Julio Patricio Supervielle stated that "In the fourth quarter, we delivered results within our guidance range and positioned the balance sheet for industry recovery. The period was marked by elevated system-wide credit stress, which we were not immune to. However, in several key areas, we outperformed the industry." ...
Earnings Call Insights: Grupo Supervielle S.A. (SUPV) Q4 2025 Management View CEO Julio Patricio Supervielle stated that "In the fourth quarter, we delivered results within our guidance range and positioned the balance sheet for industry recovery. The period was marked by elevated system-wide credit stress, which we were not immune to. However, in several key areas, we outperformed the industry." He highlighted total loans growing 8% sequentially and 37% year-over-year, driven by corporates now representing 63% of the portfolio. Retail balances declined as the company prioritized risk-adjusted returns due to volatility. Asset quality reflected system-wide stress with the NPL ratio rising to 5% and cost of risk reaching the upper guidance range. Funding remained resilient despite deliberate balance sheet deleveraging, and U.S. dollar deposits increased 42% year-over-year, gaining 60 basis points of market share. CEO Supervielle reported an attributable net loss of AR 19.5 billion, a significant improvement over the previous quarter, citing "margin recovery and strict cost control despite elevated cost of risk." NIM rebounded sequentially, and personnel expenses declined 6% quarter-over-quarter. CET1 increased to 15.4%, up 220 basis points. Supervielle emphasized digital transformation, noting "More than 70% of transactions are digital, reinforcing both engagement and operating efficiency." The Supervielle app was positioned as a central financial hub, while cross-selling with EOL targeted high-value brokerage clients. The company aims to scale assets under custody in a disciplined way leveraging digital capabilities and ecosystem integration. CFO Mariano Biglia stated, "We reported an attributable net loss of nearly CLP 20 billion in the fourth quarter, improving materially from the CLP 55 billion loss in the prior quarter. November marked a turning point with declining rates supporting better margins towards year-end. Client net financial income increased 21% sequen...
Oil extended gains as fresh attacks flared in the Middle East and traders weighed a US plan to insure and escort tankers passing through the Strait of Hormuz, with traffic in the vital waterway all but halted. West Texas Intermediate rose above $75 a barrel after rallying 11% over two days, the biggest gain in four years. Brent closed near $81. President Donald Trump said on Tuesday that the US In...
Oil extended gains as fresh attacks flared in the Middle East and traders weighed a US plan to insure and escort tankers passing through the Strait of Hormuz, with traffic in the vital waterway all but halted. West Texas Intermediate rose above $75 a barrel after rallying 11% over two days, the biggest gain in four years. Brent closed near $81. President Donald Trump said on Tuesday that the US International Development Finance Corporation would offer insurance to vessels to help ensure the flow of energy and other trade, providing a naval escort “if necessary.” The US move follows signs of mounting disruption for producers in the region from the closure of the waterway. Iraq — the second-biggest OPEC producer — has begun closing the Rumaila field, the nation’s biggest, and the West Qurna 2 project, according to people familiar with the matter. When complete, the halts will stop a majority of the country’s output. The global oil market has been pitched into turmoil by the US and Israeli war against Iran, with strikes and counter-strikes spreading across the Middle East. The war has halted trade, driven producers to lock in output , and forced the closure of a major refinery and gas-export plant. Surging prices of crude, gas and petroleum products have raised the specter of a global energy crisis . Hostilities continued into Wednesday, the fifth day of the conflict. The Israel Defense Forces said they had begun a “broad wave of strikes” targeting Iranian launch sites, aerial defense systems and infrastructure. The Strait of Hormuz is a narrow waterway that connects the Persian Gulf to the Indian Ocean, with Iran to its north. It’s an essential conduit for the global energy trade, carrying about a fifth of the world’s oil and gas. Since the outbreak of the war last Saturday, tankers have shunned the chokepoint given the mounting risks, including threats from Tehran against vessels. “No matter what, the United States will ensure the FREE FLOW of ENERGY to the WORLD,” t...
Earnings Call Insights: Alamo Group Inc. (ALG) Q4 2025 Management View Robert Hureau, President, CEO & Director, shared that "the fourth quarter was the first full quarter during which I've been at the helm at the Alamo Group." He highlighted new strategic initiatives, the completion of a manufacturing expansion in France, and ongoing development of a framework for long-term growth. Hureau emphasi...
Earnings Call Insights: Alamo Group Inc. (ALG) Q4 2025 Management View Robert Hureau, President, CEO & Director, shared that "the fourth quarter was the first full quarter during which I've been at the helm at the Alamo Group." He highlighted new strategic initiatives, the completion of a manufacturing expansion in France, and ongoing development of a framework for long-term growth. Hureau emphasized, "I am more confident and excited today about where we expect to take this company over the next 3 to 5 years than I was when I joined just a short time ago." Agnes Kamps, Executive VP, CFO, Interim Chief Accounting Officer & Treasurer, reported, "Net sales for the fourth quarter of 2025 were $373.7 million, down 3% compared to the fourth quarter of 2024." She also noted decreased gross profit and margin, increased SG&A expenses, and highlighted $7.3 million in restructuring expenses and $1.6 million in acquisition-related costs. Kamps stated, "Adjusted EBITDA for the fourth quarter of 2025 was $44.8 million or 12% of net sales compared to adjusted EBITDA of $51.8 million or 13.4% of net sales for the fourth quarter of 2024." Hureau detailed that the Industrial Equipment division delivered net sales of $234.9 million, up 4.2%, with adjusted EBITDA margin expansion to 17.7%. He called out strong performance in excavator, vacuum, sweeper, and safety businesses, while snow business softened due to an unusually strong prior-year comparison. He further explained, "Net orders during the fourth quarter of 2025 were up 21% compared to the prior year." Net sales for the Vegetation Management division dropped 13.2% to $138.7 million, with adjusted EBITDA falling to $3.2 million. Hureau attributed this to weak tree care and municipal mowing markets, production ramp-up delays, and inventory charges. However, he noted, "net sales in our U.S. agriculture business increased year-over-year in the fourth quarter." The acquisition of Petersen Industries was closed in January 2026, funded...
French President Emmanuel Macron on Tuesday ordered France’s nuclear-powered aircraft carrier to move from the Baltic Sea to the Mediterranean to help protect allied assets during the war in the Middle East. Macron said the Charles de Gaulle carrier will be escorted by frigates and its air wing. In a pre-recorded speech on French television, Macron added that Rafale fighter jets, air-defence syste...
French President Emmanuel Macron on Tuesday ordered France’s nuclear-powered aircraft carrier to move from the Baltic Sea to the Mediterranean to help protect allied assets during the war in the Middle East. Macron said the Charles de Gaulle carrier will be escorted by frigates and its air wing. In a pre-recorded speech on French television, Macron added that Rafale fighter jets, air-defence systems and airborne radar systems have been deployed over the past few hours in the Middle East. “And we will continue this effort as much as necessary,” Macron said. Advertisement France, the UK and Germany have previously said that they were not involved in the strikes on Iran by the United States and Israel that began late last week but were prepared to take defensive action to destroy Iran’s capability to fire missiles and drones. Macron, however, said that French forces had shot down drones “in legitimate self-defence in the very first hours of the conflict, to defend the airspace of our allies, who know they can rely on us”. He did not elaborate. Rafale jet fighters are seen on the deck of the Charles de Gaulle, off the coast of the city of Hyeres, in January 2020. Photo: AFP In explaining the need to move France’s aircraft carrier, Macron cited Monday’s strike on a British air force base on Cyprus, adding that Cyprus was a member of the European Union with which France has recently signed a strategic partnership.
China’s leaders are gathering in Beijing for the National People’s Congress as economic priorities collide with rising geopolitical risks abroad. Stephen Engle reports from Beijing with a preview of what to watch. (Source: Bloomberg)
China’s leaders are gathering in Beijing for the National People’s Congress as economic priorities collide with rising geopolitical risks abroad. Stephen Engle reports from Beijing with a preview of what to watch. (Source: Bloomberg)
Alones Creative/iStock via Getty Images Thesis Summary The recent breakout of war in Iran proves exactly why you need to own Nvidia Corporation ( NVDA ) Indeed, I fear that globalization has peaked, and “strategic assets” are now more important than ever. And Nvidia is the most strategic asset the U.S. has, which was proven in the last earnings call , as sovereign AI buildout continues to accelera...
Alones Creative/iStock via Getty Images Thesis Summary The recent breakout of war in Iran proves exactly why you need to own Nvidia Corporation ( NVDA ) Indeed, I fear that globalization has peaked, and “strategic assets” are now more important than ever. And Nvidia is the most strategic asset the U.S. has, which was proven in the last earnings call , as sovereign AI buildout continues to accelerate. Nvidia is no longer just “a chip company,” as I highlighted in my last article. It's a leader in software, networking, and system-level integration, and arguably the most relevant picks-and-shovels supplier to the AI arms race. That is what a strategic asset looks like. Yet Another Blowout Quarter In the last quarter , Nvidia just delivered $68.1B of revenue in Q4 (+73% YoY) and then increased their guidance to $78.0B next quarter. This, for the record, assumes no Data Center revenue from China. Nvidia revenue (Investor Slides) This just adds to the mountain of proof we have already seen this year that the AI trade is far from crowded. Management made it clear that infrastructure demand is so strong that Hopper and even much of the six-year-old Ampere products are sold out. And that’s not all that management said. Insights From the Earnings Call CEO Jensen Huang did not beat around the bush, laying out a very clear bullish path for Nvidia and AI. In this new world of AI, compute equals revenues…Tokens per watt translates to dollars per watt. Source: Q4 Earnings Call. We can no longer deny that AI translates into increased efficiency and revenue, and if you don’t believe me, consider the fact that Block ( XYZ ) just laid off 40% of its workforce . Every country will build and operate some parts of its AI infrastructure, just like with electricity and Internet today. Source: Earnings Call. This is key to understanding Nvidia as a strategic asset. Sovereign AI rollout is real and very much necessary, and Nvidia sits at the forefront of this. We don’t ship nodes of computer...
NYSE Group President, Lynn Martin and BlackRock Global Head of Market Development, Samara Cohen discuss regulatory, structural and corporate reforms aimed at revitalizing public markets with Bloomberg’s Reto Gregori at Bloomberg Invest 2026 in New York. (Source: Bloomberg)
NYSE Group President, Lynn Martin and BlackRock Global Head of Market Development, Samara Cohen discuss regulatory, structural and corporate reforms aimed at revitalizing public markets with Bloomberg’s Reto Gregori at Bloomberg Invest 2026 in New York. (Source: Bloomberg)
Alones Creative/iStock via Getty Images Thesis Summary The recent breakout of war in Iran proves exactly why you need to own Nvidia Corporation ( NVDA ) Indeed, I fear that globalization has peaked, and “strategic assets” are now more important than ever. And Nvidia is the most strategic asset the U.S. has, which was proven in the last earnings call , as sovereign AI buildout continues to accelera...
Alones Creative/iStock via Getty Images Thesis Summary The recent breakout of war in Iran proves exactly why you need to own Nvidia Corporation ( NVDA ) Indeed, I fear that globalization has peaked, and “strategic assets” are now more important than ever. And Nvidia is the most strategic asset the U.S. has, which was proven in the last earnings call , as sovereign AI buildout continues to accelerate. Nvidia is no longer just “a chip company,” as I highlighted in my last article. It's a leader in software, networking, and system-level integration, and arguably the most relevant picks-and-shovels supplier to the AI arms race. That is what a strategic asset looks like. Yet Another Blowout Quarter In the last quarter , Nvidia just delivered $68.1B of revenue in Q4 (+73% YoY) and then increased their guidance to $78.0B next quarter. This, for the record, assumes no Data Center revenue from China. Nvidia revenue (Investor Slides) This just adds to the mountain of proof we have already seen this year that the AI trade is far from crowded. Management made it clear that infrastructure demand is so strong that Hopper and even much of the six-year-old Ampere products are sold out. And that’s not all that management said. Insights From the Earnings Call CEO Jensen Huang did not beat around the bush, laying out a very clear bullish path for Nvidia and AI. In this new world of AI, compute equals revenues…Tokens per watt translates to dollars per watt. Source: Q4 Earnings Call. We can no longer deny that AI translates into increased efficiency and revenue, and if you don’t believe me, consider the fact that Block ( XYZ ) just laid off 40% of its workforce . Every country will build and operate some parts of its AI infrastructure, just like with electricity and Internet today. Source: Earnings Call. This is key to understanding Nvidia as a strategic asset. Sovereign AI rollout is real and very much necessary, and Nvidia sits at the forefront of this. We don’t ship nodes of computer...
Stocks swung violently Tuesday as investors tried again to assess the potential impact of the escalating military strife in the Middle East, sparked by U.S. and Israeli strikes that resulted in the killing of Iran’s Supreme Leader Ali Khamenei over the weekend.
Stocks swung violently Tuesday as investors tried again to assess the potential impact of the escalating military strife in the Middle East, sparked by U.S. and Israeli strikes that resulted in the killing of Iran’s Supreme Leader Ali Khamenei over the weekend.
(RTTNews) - The South Korea stock market has finished lower in back-to-back sessions, plummeting more than 510 points or 8.3 percent along the way. The KOSPI now sits just above the 5,790-point plateau and it's likely to open under water again on Wednesday. The global forecast for the Asian markets is negative on continuing concerns over the conflict in the Middle East, although oil stocks are exp...
(RTTNews) - The South Korea stock market has finished lower in back-to-back sessions, plummeting more than 510 points or 8.3 percent along the way. The KOSPI now sits just above the 5,790-point plateau and it's likely to open under water again on Wednesday. The global forecast for the Asian markets is negative on continuing concerns over the conflict in the Middle East, although oil stocks are expected to continue to soar. The European and U.S. markets were down and the Asian markets are expected to follow that lead. The KOSPI finished with its largest ever single-day loss on Tuesday with heavy damage among the technology, automobile and chemical companies, while the oil companies saw large gains. For the day, the index cratered 452.22 points or 7.24 percent to finish at 5,791.91 after trading between 5,791.65 and 6,180.45. Volume was 1.2 billion shares worth 52.5 trillion won. There were 840 decliners and 73 gainers. Among the actives, Shinhan Financial eased 0.21 percent, while KB Financial sank 3.46 percent, Hana Financial shed 1.40 percent, Samsung Electronics plunged 9.88 percent, Samsung SDI plummeted 12.45 percent, LG Electronics tanked 12.42 percent, SK Hynix crashed 11.50 percent, Naver tumbled 7.27 percent, LG Chem surrendered 13.53 percent, Lotte Chemical dropped 12.10 percent, SK Innovation rallied 2.51 percent, S-Oil skyrocketed 28.45 percent, POSCO Holdings stumbled 9.32 percent, SK Telecom contracted 2.01 percent, KEPCO lost 12.99 percent, Hyundai Mobis skidded 9.38 percent, Hyundai Motor cratered 11.72 percent and Kia Motors declined 11.29 percent. The lead from Wall Street is soft as the major averages opened lower on Tuesday and spent the entire session in the red, although closing at their best levels for the day. The Dow stumbled 403.51 points or0.83 percent to finish at 48,501.27, while the NASDAQ sank 232.17 points or 1.02 percent to end at 22,516.69 and the S&P 500 dropped 64.99 points or 0.94 percent to close at 6,816.63. The early nosedive o...
Image source: The Motley Fool. Tuesday, March 3, 2026 at 4:30 p.m. ET Call participants Chief Executive Officer — Bill Staples Chief Financial Officer — Jessica Ross Head of Investor Relations — Yao Chu Takeaways Annual recurring revenue (ARR) -- Surpassed $1.0 billion, marking a significant scale milestone for GitLab GTLB +1.76% ) -- Surpassed $1.0 billion, marking a significant scale milestone f...
Image source: The Motley Fool. Tuesday, March 3, 2026 at 4:30 p.m. ET Call participants Chief Executive Officer — Bill Staples Chief Financial Officer — Jessica Ross Head of Investor Relations — Yao Chu Takeaways Annual recurring revenue (ARR) -- Surpassed $1.0 billion, marking a significant scale milestone for GitLab GTLB +1.76% ) -- Surpassed $1.0 billion, marking a significant scale milestone for Full-year revenue -- $955 million, representing 26% growth compared to the prior year. -- $955 million, representing 26% growth compared to the prior year. Full-year non-GAAP operating margin -- 17%, an increase of approximately 680 basis points year over year. -- 17%, an increase of approximately 680 basis points year over year. Full-year adjusted free cash flow -- $220 million, up 83% with over seven points of margin expansion. -- $220 million, up 83% with over seven points of margin expansion. $100,000-plus customer cohort -- Expanded to 1,456 customers, up 18% year over year, now accounting for just over 75% of ARR. -- Expanded to 1,456 customers, up 18% year over year, now accounting for just over 75% of ARR. Million-dollar customer additions -- More than 155 customers above $1.0 million ARR, a 26% increase and the largest cohort to date. -- More than 155 customers above $1.0 million ARR, a 26% increase and the largest cohort to date. Fiscal fourth-quarter revenue -- $260 million, up 23%, exceeding management's guidance by 3.5 percentage points. -- $260 million, up 23%, exceeding management's guidance by 3.5 percentage points. Fiscal fourth-quarter non-GAAP operating margin -- 20.5%, five points above guidance, with $53.4 million in non-GAAP operating income. -- 20.5%, five points above guidance, with $53.4 million in non-GAAP operating income. Dollar-based net retention rate -- 118%, reflecting current expansion dynamics. -- 118%, reflecting current expansion dynamics. Gross retention rate -- Consistently well above 90%, reported at a four-year best. -- Consistentl...
Major earnings expected before the bell on Wednesday include: Ocugen ( OCGN ) Abercrombie & Fitch Co. ( ANF ) XAI Octagon Floating Rate & Alternative Income Trust ( XFLT ) Wix.com Ltd. ( WIX ) Bath & Body Works ( BBWI ) Other earnings slated for release before Wednesday's open include: ADDYY , AFCG , ASPS , BAYZF , BF.A , BF.B , CLRB , DAKT , DY , EYE , EYPT , GENI , RSKD , WBX For Seeking Alpha's...
Major earnings expected before the bell on Wednesday include: Ocugen ( OCGN ) Abercrombie & Fitch Co. ( ANF ) XAI Octagon Floating Rate & Alternative Income Trust ( XFLT ) Wix.com Ltd. ( WIX ) Bath & Body Works ( BBWI ) Other earnings slated for release before Wednesday's open include: ADDYY , AFCG , ASPS , BAYZF , BF.A , BF.B , CLRB , DAKT , DY , EYE , EYPT , GENI , RSKD , WBX For Seeking Alpha's full earnings season calendar, click here .
Justin Paget/DigitalVision via Getty Images President Trump announced early Saturday that the US and Israel have begun joint military actions against Iran. Contrary to the recent military operation in Venezuela , it looks like this is going to be a more protracted commitment. President Trump recently mentioned it could last 5 or more weeks . I think the market has so far had a relatively muted rea...
Justin Paget/DigitalVision via Getty Images President Trump announced early Saturday that the US and Israel have begun joint military actions against Iran. Contrary to the recent military operation in Venezuela , it looks like this is going to be a more protracted commitment. President Trump recently mentioned it could last 5 or more weeks . I think the market has so far had a relatively muted reaction, being perhaps reassured by how swift recent US military interventions have been. In other terms, I think the possibility of a longer war is not being priced in just yet. The Crossing of Two Lines May Determine the Direction of This War At the time of writing, two lines have not been fully crossed just yet in the Iran war: No NATO country was attacked directly by Iran . This is despite Türkiye, a NATO member, being in full range of Iran’s missiles and hosting several US military bases. Iran has so far limited its attacks on US assets, Israel, and other Middle East countries, all non-NATO members. Oil and gas assets (both for extraction and refinery) have been so far largely left intact , with the notable exception of Qatar’s Liquefied Natural Gas production stopping altogether (although not as a result of military strikes) and some limited strikes on Saudi refineries. Infrastructure strikes have been more focused on ports. This, in my opinion, is by design. Attacking a NATO member would mean potentially triggering NATO’s Article 5 and seeing more countries joining strikes on Iran. Permanently destroying oil and gas assets would be undesirable for all parties involved. Iran itself relies on oil exports as a key revenue stream for the government (with oil exports worth ~25% of GDP). Iran's leadership knows that attacking oil and gas facilities would invite a similar strike on their own facilities, creating a lose-lose situation for all parties. Oil fields and pipelines across the Middle East (Reddit) Are We Entering the Danger Zone? How This Could Escalate to a Full-Blo...
Image source: The Motley Fool. Tuesday, March 3, 2026 at 4:30 p.m. ET CALL PARTICIPANTS Founder and Chief Executive Officer — Junkoo Kim Chief Financial Officer — David J. Lee Head of Global Business — Yongsoo Kim TAKEAWAYS Q4 Revenue -- $330.7 million, a decline of 4.1% on a constant currency basis and 6.3% on a reported basis, due to declines in advertising and IP adaptations offsetting paid con...
Image source: The Motley Fool. Tuesday, March 3, 2026 at 4:30 p.m. ET CALL PARTICIPANTS Founder and Chief Executive Officer — Junkoo Kim Chief Financial Officer — David J. Lee Head of Global Business — Yongsoo Kim TAKEAWAYS Q4 Revenue -- $330.7 million, a decline of 4.1% on a constant currency basis and 6.3% on a reported basis, due to declines in advertising and IP adaptations offsetting paid content growth. (Fiscal Q4 ended Dec. 31, 2025.) -- $330.7 million, a decline of 4.1% on a constant currency basis and 6.3% on a reported basis, due to declines in advertising and IP adaptations offsetting paid content growth. (Fiscal Q4 ended Dec. 31, 2025.) Full-year revenue -- $1.4 billion, up 3.9% on a constant currency basis and 2.5% on a reported basis, with every revenue stream showing constant currency growth. (Fiscal year ended Dec. 31, 2025.) -- $1.4 billion, up 3.9% on a constant currency basis and 2.5% on a reported basis, with every revenue stream showing constant currency growth. (Fiscal year ended Dec. 31, 2025.) Net loss -- $336.5 million in Q4, compared to a $102.6 million loss the prior year, mainly because of goodwill impairments, primarily in Wattpad; full-year net loss was $373.4 million versus $152.9 million prior year. -- $336.5 million in Q4, compared to a $102.6 million loss the prior year, mainly because of goodwill impairments, primarily in Wattpad; full-year net loss was $373.4 million versus $152.9 million prior year. Adjusted EBITDA -- $0.6 million in Q4 versus negative $3.5 million prior year; full-year adjusted EBITDA of $19.4 million, down from $68 million prior year. -- $0.6 million in Q4 versus negative $3.5 million prior year; full-year adjusted EBITDA of $19.4 million, down from $68 million prior year. Adjusted EPS -- $0.00 for Q4, up from negative $0.03; full-year adjusted EPS $0.15 compared to $0.57 prior year. -- $0.00 for Q4, up from negative $0.03; full-year adjusted EPS $0.15 compared to $0.57 prior year. Gross margin -- Expanded 100 ...
Beijing should increase investment in early childhood education and lifelong learning as AI reshapes the world’s largest labour market, a prominent Chinese economist has said. The real policy test for China is whether it can shift decisively from investing in capital to investing in people , while policy and regulation must steer artificial intelligence (AI) towards empowering rather than replacin...
Beijing should increase investment in early childhood education and lifelong learning as AI reshapes the world’s largest labour market, a prominent Chinese economist has said. The real policy test for China is whether it can shift decisively from investing in capital to investing in people , while policy and regulation must steer artificial intelligence (AI) towards empowering rather than replacing workers, according to Cai Fang, an academician at the Chinese Academy of Social Sciences focusing on labour economics. “As [population] ageing accelerates , older workers’ employment, skills and consumption will be critical to growth and social stability,” Cai said during a conversation with Zhao Jing, an associate professor at Tsinghua University’s School of Public Policy and Management, which was shared via the school’s account on the social platform WeChat last week. Advertisement “Their ability to remain employable and even delay retirement depends on continued participation in the labour market, which is why training for older workers carries high social returns,” Cai added. Education can no longer be seen merely as a private family investment aimed at giving one child an edge over another; it has become a societal imperative to ensure the next generation can withstand and adapt to the disruptions brought by AI, according to Cai. Advertisement The remarks came as China’s factories and offices integrate AI solutions at an accelerating pace , driving Beijing to treat its impact on jobs as an urgent economic and social policy priority. With global forecasts predicting sweeping churn in the workforce and domestic studies showing AI is changing – not simply replacing – jobs, the labour market’s ultimate trajectory would hinge on how effectively policymakers manage the transition, experts said.
Chinese banks, flush with low-cost funds, are reshaping parts of the global loan market, underscoring how deflationary pressures in the world’s second-largest economy are increasingly influencing competition with international lenders. Much like US and European manufacturers who have long complained about being undercut by cheaper Chinese rivals, bankers at global institutions now say they’re faci...
Chinese banks, flush with low-cost funds, are reshaping parts of the global loan market, underscoring how deflationary pressures in the world’s second-largest economy are increasingly influencing competition with international lenders. Much like US and European manufacturers who have long complained about being undercut by cheaper Chinese rivals, bankers at global institutions now say they’re facing the financial equivalent: being priced out of some of Asia’s most sought-after borrowers as Chinese lenders extend cheaper credit across borders. Enabled by Beijing’s monetary easing to counter slowing growth, Chinese banks are expanding overseas lending amid weakening domestic credit demand. That edge may prove even more significant as the Iran crisis threatens to upend global energy markets, raising the likelihood that major central banks will hold off easing interest rates amid mounting uncertainty. “Chinese banks are injecting more liquidity and competition in Asia’s loan market and for established foreign banks, it’s disruptive,” said Alicia Garcia-Herrero , chief economist for Asia Pacific for Natixis SA . She said international institutions’ share of dollar loans could fall in sectors like infrastructure and commodities as a result. That disruption is already evident, with Chinese lenders meeting overseas clients more often, initiating refinancings earlier, and stretching repayment periods to sweeten terms, according to people familiar with the matter. In November, Chinese lenders underwrote a loan of about $1.4 billion-equivalent to back a private equity firm’s purchase of a stake in Starbucks Corp.’s China retail business, the people said, who asked not to be identified discussing private matters. The yuan-denominated financing carries a 10‑year maturity — longer than the seven‑year tenor previously discussed and beyond what most global banks were willing to match, they added. The month before that, global banks such as ANZ Group Holdings Ltd. and Standard Chart...
A little-known prediction market platform with Asia roots burst onto the scene late last year, but already its fast start appears to be running out of steam. Opinion Labs debuted in October and within weeks began recording notional trading volumes rivaling those of market-leaders Polymarket and Kalshi, according to user data compiled by Artemis Analytics. To compete, Opinion uses a crypto-oriented...
A little-known prediction market platform with Asia roots burst onto the scene late last year, but already its fast start appears to be running out of steam. Opinion Labs debuted in October and within weeks began recording notional trading volumes rivaling those of market-leaders Polymarket and Kalshi, according to user data compiled by Artemis Analytics. To compete, Opinion uses a crypto-oriented incentive system that rewards loyal customers for their patronage. Opinion processed almost $2 billion of trades in the week ending Jan. 25, surpassing Polymarket and just shy of Kalshi’s total in the same period, the data show. But now the flywheel is faltering: Opinion’s $604 million of trades in the week ending Feb. 22 were less than half the volumes seen by Polymarket and Kalshi. Opinion didn’t respond to questions from Bloomberg News about its trading volumes. Prediction markets give punters a platform for betting on just about anything, from regime change to the outcome of the Super Bowl. They have grown quickly over the last year, drawing in traditional financial firms including CME Group Inc. and Intercontinental Exchange Inc., while earning Kalshi and Polymarket valuations of around $10 billion. The platforms have faced criticism for making it possible to bet on things that used to be outside the realm of speculation, including matters of life and death, such as war. Read More: Iran Strikes Expose Dark Edge Case of Prediction-Market Era Most of the growth has happened in the US, where regulators recently opened the door to these new financial contracts. That has led to interest in whether the same idea might take off overseas. Opinion is an upstart backed by YZi Labs, the family office of Changpeng Zhao , co-founder and former chief executive officer of Binance, the world’s largest crypto exchange. YZi Labs backed Opinion in August 2024 as part of an accelerator program for BNB Chain, a blockchain with close ties to Binance. Like Binance in its early days, Opinion...
Beaten-up Indian equities are likely to widen their underperformance against global peers, as escalating tensions in the Middle East push oil prices higher and hurt importers, strategists say. Indian companies may be among the most impacted in Asia by the Iran war, according to Goldman Sachs, which estimates a 20% rise in the price of Brent crude would cut regional earnings by 2%. Societe Generale...
Beaten-up Indian equities are likely to widen their underperformance against global peers, as escalating tensions in the Middle East push oil prices higher and hurt importers, strategists say. Indian companies may be among the most impacted in Asia by the Iran war, according to Goldman Sachs, which estimates a 20% rise in the price of Brent crude would cut regional earnings by 2%. Societe Generale expects India’s underperformance to deepen given its high dependency on imported energy, while Natixis labels the country’s assets “most at risk” for the same reason. India’s $5 trillion equity market has lagged most major peers since late 2024, on weaker earnings growth and lack of exposure to artificial intelligence-related shares. The surge in the price of oil — the country’s top import — has dampened a nascent recovery in stocks since India’s trade deal with the US. Analysts expect it to drive inflation, and weaken the economy and currency. “With Middle East tensions showing little sign of easing, supply risks remain high, leaving room for oil prices to move higher in the near term,” said Dilin Wu , a research strategist at Pepperstone Group. “India’s heavy reliance on imported crude — most of it from the Gulf — makes its market vulnerable. Prolonged higher oil prices could widen the import bill, strain the current account and rupee, and put additional pressure on equities.” Read more: Indian Stocks Erase US Trade Deal Gains on Middle East Conflict Stocks are likely to be under pressure Wednesday as traders return from a holiday. The jump in Brent prices already pressured the Nifty Index on Monday, and it closed down more than 1% that day. If history is a guide, that weakness may continue for some time. The start of the Russia-Ukraine war resulted in the Nifty correcting by around 10% in the first half of 2022, Citigroup analysts including Samiran Chakraborty wrote in a note. “A 10% rise in oil prices leads to 30 basis points of upside pressure on inflation and 15 basi...