The availability of an alternative route for getting crude from Saudi Arabia to Asia, the Red Sea, has become more of a risk after Houthi militants entered the Middle East conflict. Bloomberg's Brendan Murray explains. (Source: Bloomberg)
The availability of an alternative route for getting crude from Saudi Arabia to Asia, the Red Sea, has become more of a risk after Houthi militants entered the Middle East conflict. Bloomberg's Brendan Murray explains. (Source: Bloomberg)
HANGZHOU, China, March 30, 2026 (GLOBE NEWSWIRE) -- On March 27, CaoCao Mobility (stock code: 02643.HK) released its 2025 annual results announcement. During the reporting period, the Company recorded revenue of RMB20.2 billion, representing a year-on-year increase of 37.7%. Gross margin rose by 1.3 percentage points to 9.4%, and net cash generated from operating activities increased by 60.3% year...
HANGZHOU, China, March 30, 2026 (GLOBE NEWSWIRE) -- On March 27, CaoCao Mobility (stock code: 02643.HK) released its 2025 annual results announcement. During the reporting period, the Company recorded revenue of RMB20.2 billion, representing a year-on-year increase of 37.7%. Gross margin rose by 1.3 percentage points to 9.4%, and net cash generated from operating activities increased by 60.3% year-on-year, indicating a notable enhancement in cash generation capability. The Company achieved positive adjusted net profit for the first time in the fourth quarter of 2025, marking a milestone breakthrough as it embarks on a path of profitable growth.
mikkelwilliam/iStock via Getty Images Zhihu Inc. ( ZH ), a provider of online content in China, got off to a great start in 2026 with a powerful rally, but ZH seems to have become a casualty of turmoil in the stock market due to various reasons. For instance, AI stocks, especially those on the software side, have fallen greatly, which found its way back to ZH, something the release of the Q4 FY202...
mikkelwilliam/iStock via Getty Images Zhihu Inc. ( ZH ), a provider of online content in China, got off to a great start in 2026 with a powerful rally, but ZH seems to have become a casualty of turmoil in the stock market due to various reasons. For instance, AI stocks, especially those on the software side, have fallen greatly, which found its way back to ZH, something the release of the Q4 FY2025 report on March 25 was not able to stop. However, there are still a number of reasons to be long on ZH, which include the new possibilities that are opening up due to advances in AI technology. A great start to 2026 turns upside down My previous article from December 2025 offered a number of reasons why it could be a good time to get in on ZH. For instance, the stock had regained its footing after a large reduction in the stock price by going sideways, which could portend a move higher. ZH was also close to a price level where it had a prior history of reversing course. Accordingly, I decided to rate ZH a buy in the article. Source: Thinkorswim app The chart above showed why it initially appeared the article made a great call in December because ZH went on a huge rally not long thereafter, which resulted in a high of $4.52 per ADS in January for a YTD gain of 37.8%, but the decline in the stock that followed wiped out all gains and then some. ZH is now down 20.4% YTD after closing at $2.61 per ADS on March 27. ZH experienced a drastic change in fortunes in just a couple of months. What is weighing on ZH? The change in fortunes stands out. Such a major change is unlikely to have happened for no particular reason. It's more likely the result of a confluence of multiple factors conspiring to take down the stock. For starters, it is worth mentioning that there has been an ongoing selloff in AI-related stocks, particularly those on the software side. Many high-profile names in the space have been going down since January, and this seems to have rubbed off on ZH. For example, P...
pingingz ASML ( ASML )-backed French startup Mistral AI has raised $830M in new debt to buy 13,800 Nvidia ( NVDA ) chips for a data center near Paris, Reuters reported. The debt raising was financed by a consortium of seven banks, including BNP Paribas, Crédit Agricole CIB, HSBC, and MUFG. The data center in Bruyeres-le-Chatel is expected to become operational in the second quarter of 2026, th...
pingingz ASML ( ASML )-backed French startup Mistral AI has raised $830M in new debt to buy 13,800 Nvidia ( NVDA ) chips for a data center near Paris, Reuters reported. The debt raising was financed by a consortium of seven banks, including BNP Paribas, Crédit Agricole CIB, HSBC, and MUFG. The data center in Bruyeres-le-Chatel is expected to become operational in the second quarter of 2026, the report added . Mistral chose the site for its first data center in February 2025. Last month, the company unveiled plans for a second facility in Sweden and noted that it would seek to secure 200 megawatts of capacity across Europe by the end of 2027. "Scaling our infrastructure in Europe is critical to empower our customers and to ensure AI innovation and autonomy remain at the heart of Europe," said Mistral's CEO Arthur Mensch. Mistral did not immediately respond to a request for comment from Seeking Alpha. In September 2025, ASML ( ASML ) agreed to invest €1.3B in Mistral AI, giving the chip equipment maker an 11% stake in the French startup. This also marked one of Europe's largest AI deals. Mistral has also seen investment from U.S. tech giant Microsoft ( MSFT ) More on Microsoft Microsoft: A Compelling Risk To Reward Opportunity Microsoft: The Questions That Price Seems To Have Answered Microsoft: Fortress Balance Sheet, Deep Value Jefferies notes key takeaways from RSA event after meeting with Microsoft, CrowdStrike execs Crusoe confirms Microsoft as new 900MW capacity customer at Abilene data center site
格隆汇3月30日｜世界数据组织3月30日在北京成立。从世界数据组织筹委会获悉，组织英文名为World Data Organization，简称WDO，是由全球数据领域相关单位及个人自愿结成的专业性、非政府、非营利性国际团体，旨在“弥合数据鸿沟、释放数据价值、繁荣数字经济”。据了解，组织将致力于推动全球数据合作与治理实践，积极探索数据在合规、安全、可信基础上的高效交流与合理利用路径，为全球数字经济发...
格隆汇3月30日｜世界数据组织3月30日在北京成立。从世界数据组织筹委会获悉，组织英文名为World Data Organization，简称WDO，是由全球数据领域相关单位及个人自愿结成的专业性、非政府、非营利性国际团体，旨在“弥合数据鸿沟、释放数据价值、繁荣数字经济”。据了解，组织将致力于推动全球数据合作与治理实践，积极探索数据在合规、安全、可信基础上的高效交流与合理利用路径，为全球数字经济发展提供坚实支撑。
A return to Formula 1 will be difficult for former Red Bull team principal Christian Horner because he has "broken quite a lot of glass", says ex-Mercedes rival Toto Wolff.
A return to Formula 1 will be difficult for former Red Bull team principal Christian Horner because he has "broken quite a lot of glass", says ex-Mercedes rival Toto Wolff.
jetcityimage/iStock Editorial via Getty Images My original thesis for Shoe Carnival ( SCVL ) was that it was undervalued because investors didn’t understand its rebannering plan. In a few years, this company will mostly be operating higher-end Shoe Station stores. And this is the kind of situation that can produce a mispriced stock. But the transition isn’t going as well as I expected. This is sti...
jetcityimage/iStock Editorial via Getty Images My original thesis for Shoe Carnival ( SCVL ) was that it was undervalued because investors didn’t understand its rebannering plan. In a few years, this company will mostly be operating higher-end Shoe Station stores. And this is the kind of situation that can produce a mispriced stock. But the transition isn’t going as well as I expected. This is still a discount shoe store chain right now. And it sounds like the company replaced many of its discount shoes with full-priced shoes that its customers couldn’t afford. So, now Shoe Carnival might have to adjust its inventory for 2026. Shoe Carnival’s revenue has been falling because it’s making major changes to its stores right now. So, I’m not surprised that its revenue fell 3.4% in Q4 2025 . And I’m also not surprised that Shoe Carnival stores reported negative mid-single-digit comps. I expected better results from the Shoe Station stores to balance this out, but that didn’t happen. Shoe Station reported negative low-single-digit comps instead. Meanwhile, Shoe Carnival’s gross margin was flat for the quarter at 34.9%, so the new stores didn’t improve its margins either. With a forward P/E of 10.66, Shoe Carnival is a value stock right now. It’s possible that it will be able to grow again if its remodeled Shoe Station stores gain more traction. Online shoppers like the Shoe Station brand. But now Shoe Carnival is in a tricky situation. It will also have to pay additional tariff costs in 2026, but its customers can’t afford to pay higher prices. So, its margins won’t be as high next year. And its CEO also resigned. And there might also be another reason why Shoe Carnival’s results weakened in 2025. The Sneaker Market Slowed Down Recently According to Newsweek, the sneaker resale market has slowed down recently . Collectors were buying limited-edition shoes from shoe stores and flipping them online for much higher prices. This resale strategy isn’t working as well now. It so...