Chinese-language videos suspected to be AI deepfakes with different narrators berating Singapore for its treatment of China and sidling up to the United States have caused a stir online and sparked discussion on their source. The clips, each featuring an individual in a different setting and circulating on Chinese platforms such as Douyin and WeChat, were most likely generated by artificial intell...
Chinese-language videos suspected to be AI deepfakes with different narrators berating Singapore for its treatment of China and sidling up to the United States have caused a stir online and sparked discussion on their source. The clips, each featuring an individual in a different setting and circulating on Chinese platforms such as Douyin and WeChat, were most likely generated by artificial intelligence, according to digital experts, pointing to clues such as identical scripts. A check by This...
Shares of Japanese metals refiner JX Advanced Metals Corp. slid after the company unveiled a plan to issue ¥250 billion ($1.6 billion) of bonds that can be converted into stocks to fund share buybacks. The stock fell as much as 15%, the biggest intraday decline since April 2025, after the company said Monday that it is marketing zero-coupon convertible bonds in two tranches of equal size maturing ...
Shares of Japanese metals refiner JX Advanced Metals Corp. slid after the company unveiled a plan to issue ¥250 billion ($1.6 billion) of bonds that can be converted into stocks to fund share buybacks. The stock fell as much as 15%, the biggest intraday decline since April 2025, after the company said Monday that it is marketing zero-coupon convertible bonds in two tranches of equal size maturing in 2029 and 2031. JX Advanced metals’ largest shareholder Eneos Holdings Inc. , which currently holds about 42%, will tender a portion of its take as part of the transaction. The move reflects a broader push among Japanese corporates to boost shareholder returns, while gradually dissolving capital relationships. While the stake sale had been partly anticipated, confirmation of the move could prompt a near-term pullback in shares, said Yuta Nishiyama , an equities analyst at Citigroup Global Markets Japan Inc. in a note. However, any weakness may present a buying opportunity given the company’s favorable business environment, Nishiyama said. The company also said it forecast operating income of ¥190 billion for the year ending March 2027, falling short of the ¥221 billion average analyst estimate. JX Metals, formerly part of Eneos, went public in March last year as part of a strategic pivot toward semiconductors and information and communications materials, reflecting diminishing synergies with its former parent. Read More: JX Metals To Issue ¥250 Billion Convertible Bond for Buyback
peshkov/iStock via Getty Images Since my last article, my view about Power Solutions International ( PSIX ) has changed drastically. I have been investing in the company since March 2025 and was always bullish. Since my last hold rating, I have had some concerns already, mainly because Q3 showed a clear margin pressure, weaker cash flow quality, and receivables risk, and to be fair, I had issues w...
peshkov/iStock via Getty Images Since my last article, my view about Power Solutions International ( PSIX ) has changed drastically. I have been investing in the company since March 2025 and was always bullish. Since my last hold rating, I have had some concerns already, mainly because Q3 showed a clear margin pressure, weaker cash flow quality, and receivables risk, and to be fair, I had issues with very strange stock price movement. Then I like to think that my hold thesis was logical, as PSIX was still a profitable company, the power systems end market was holding the story too, and there were no bearish signs. However, then I had a condition made by me: I need to see an improving margin direction, a cleaner cash flow trend, and a clear catalyst to re-rate the company. Now that we have Q1 2026 results, they showed a completely different picture from what I was expecting. And to be honest, I had to close my positions because I have lost money, so please keep that in mind and take my thesis with a grain of salt. Now we see that revenue is falling, EPS is going down, gross margin is weak, and the current situation does not seem to give a chance to any fast rebound that we would like to see. Sadly, the stabilization that I was waiting for did not come. Stock Price Action In all honesty, because I was trading at the time, I would like to start with share price movement these past days. My models were screaming about drying out volume and that something is about to come. And indeed it was; on May 11th, 2026, we saw that the share price collapsed almost 18%, even though earnings were announced only after market close. While I do not say this was insider trading, and I cannot prove who was selling, I do believe that we should have followed the signs, as this type of heavy selling tends to show an earnings outcome that the market anticipates. In post-market the share price collapsed even further down by 40%, but keep in mind this was due to low liquidity. However, the sto...