Citrini Research’s vision of a dystopian future shaped by artificial intelligence is reinforcing bets that Asia will emerge as a winner of the AI disruption, thanks to its wealth of companies like chipmakers, in contrast to the turmoil hitting parts of the US market. The heavy concentration of advanced chip manufacturers, semiconductor foundries and assemblers, alongside freshly listed AI-related ...
Citrini Research’s vision of a dystopian future shaped by artificial intelligence is reinforcing bets that Asia will emerge as a winner of the AI disruption, thanks to its wealth of companies like chipmakers, in contrast to the turmoil hitting parts of the US market. The heavy concentration of advanced chip manufacturers, semiconductor foundries and assemblers, alongside freshly listed AI-related stocks in China, has increasingly lured investors to Asia. Alap Shah , chief investment officer at Lotus Technology Management and co-author of the report by Citrini — a little-known firm founded by James van Geelen — said in a Bloomberg TV interview that semiconductors, data centers and foundation labs are key beneficiaries of the AI trade. The MSCI Asia Pacific Information Technology Index , as well as the chip-heavy benchmarks in Korea and Taiwan, gained more than 1.5% to record highs. That compares with a global slump in software stocks after the Citrini report sparked a fresh bout of the AI “scare trade,” the latest in a series of industries hit by sudden selloffs. The tech-led rally has helped the MSCI Asia Pacific Index to its strongest ever start to a year relative to the S&P 500 Index. “Clearly semiconductors are huge winners,” Shah said. “Things that are upstream to semiconductors are huge winners — so everything required to construct a data center.” According to Shah, the windfall gains from AI “will accrue in two places. They’ll accrue in the AI complex — so the material stocks, semiconductor stocks and foundation lab company stocks and some tech stocks.” Taiwan Semiconductor Manufacturing Co. , Samsung Electronics Co. and SK Hynix offer major chip plays , while China’s MiniMax Group Inc. and Knowledge Atlas Technology JSC Ltd., which have more than doubled this month, represent rare pure-play AI lab exposures. Japan also plays a vital role across the equipment value chain. “The top stocks in Asia like TSMC, Samsung and SK Hynix are all direct beneficiaries of e...
Fresenius Medical Care press release ( FMS ): Q4 Non-GAAP EPS of Є1.44. Revenue of Є5.07B (-0.2% Y/Y). The planned dividend proposal for fiscal year 2025 of EUR 1.49 per share is a 3% increase and corresponds to a payout of 33% of adjusted net income. Shareholder returns through dividends are complemented by a share buyback program of EUR 1.0 billion currently being executed in two tranches. The f...
Fresenius Medical Care press release ( FMS ): Q4 Non-GAAP EPS of Є1.44. Revenue of Є5.07B (-0.2% Y/Y). The planned dividend proposal for fiscal year 2025 of EUR 1.49 per share is a 3% increase and corresponds to a payout of 33% of adjusted net income. Shareholder returns through dividends are complemented by a share buyback program of EUR 1.0 billion currently being executed in two tranches. The first tranche of up to EUR 600 million was initiated on August 11, 2025, and completed in an accelerated way on December 29, 2025. Care Delivery revenue decreased by 2% (+6% at constant currency, +7% organic1 ) to EUR 3,507 million. Value-Based Care revenue significantly grew by 32% (+42% at constant currency, +42% organic1 ) to EUR 637 million. Care Enablement revenue decreased by 9% (-3% at constant currency, -3% organic1 ) to EUR 1,401 million. Outlook 2026: In 2026, Fresenius Medical Care expects revenue growth to be broadly flat compared to prior year. The company expects operating income to remain on a consistent level, with a range between a positive and negative mid-single digit percent growth rate compared to prior year. The expected growth rates for 2026 are at constant currency and excluding special items in operating income. The 2025 basis for the revenue outlook is EUR 19,628 million and for the operating income outlook is EUR 2,212 million. Aspirations 2028 and 2030 Fresenius Medical Care aspires operating income growth (CAGR) of between 3 and 7 percent between 2025 and 2028. Fresenius Medical Care aspires revenue growth (CAGR) between 2025 and 2030 for Care Delivery to amount to a low- to mid-single digit percent rate and for Care Enablement to a mid-single digit percent rate. The company confirms its 2030 aspiration to achieve an industry-leading mid-teens percent operating income margin for the Group, for Care Delivery and for Care Enablement as well as a low single-digit operating income margin for Value-Based Care. More on Fresenius Medical Care Fresenius ...
When Brazilian K-pop fan Tami spotted a social media post last month selling a rare Polaroid photo signed by ZeroBaseOne member Zhang Hao, she jumped at the opportunity. The seller identified himself as a South Korean named Park Chae-ah, according to the Chosun Daily newspaper. She transferred the money. Then Park switched his account to private and vanished. Tamil is far from alone. Across Brazil...
When Brazilian K-pop fan Tami spotted a social media post last month selling a rare Polaroid photo signed by ZeroBaseOne member Zhang Hao, she jumped at the opportunity. The seller identified himself as a South Korean named Park Chae-ah, according to the Chosun Daily newspaper. She transferred the money. Then Park switched his account to private and vanished. Tamil is far from alone. Across Brazil, home to one of Latin America’s most passionate Korean pop culture communities, scammers have found...
Micron Technology Inc. (NASDAQ:MU) is among the 15 Undervalued Momentum Stocks That Are Taking Off. According to a February 9 report, TD Cowen raised its long-term earnings outlook for Micron Technology Inc. (NASDAQ:MU). The firm now expects that MU’s EPS may reach as much as $60 in 2026, above its prior bull-case assumption of $50. […]
Micron Technology Inc. (NASDAQ:MU) is among the 15 Undervalued Momentum Stocks That Are Taking Off. According to a February 9 report, TD Cowen raised its long-term earnings outlook for Micron Technology Inc. (NASDAQ:MU). The firm now expects that MU’s EPS may reach as much as $60 in 2026, above its prior bull-case assumption of $50. […]
Soldiers and civilians secretly report on the horrors they have witnessed. Plus: Danny Dyer takes charge of a caravan park. Here’s what to watch this evening 9pm, BBC Two The full extent of terror and horror experienced by people in Russia who oppose Putin’s war is detailed in a numbing documentary. All too aware of the risk of arrest – or an even worse punishment – soldiers and civilians give the...
Soldiers and civilians secretly report on the horrors they have witnessed. Plus: Danny Dyer takes charge of a caravan park. Here’s what to watch this evening 9pm, BBC Two The full extent of terror and horror experienced by people in Russia who oppose Putin’s war is detailed in a numbing documentary. All too aware of the risk of arrest – or an even worse punishment – soldiers and civilians give their testimonies in interviews secretly recorded last year. Two men explain the military torture, “meat storms” and summary executions they witnessed regularly on the frontline – with one recalling the moment he knew he had to escape, after being made an officer and ordered to send men to their deaths. Hollie Richardson Continue reading...
RedotPay , a stablecoin payments company based in Hong Kong, is considering an initial public offering in the US to potentially raise over $1 billion, according to people familiar with the matter. RedotPay is working with JPMorgan Chase & Co. , Goldman Sachs Group Inc. and Jefferies Financial Group Inc. on a listing that could take place in New York as soon as this year, the people said, asking no...
RedotPay , a stablecoin payments company based in Hong Kong, is considering an initial public offering in the US to potentially raise over $1 billion, according to people familiar with the matter. RedotPay is working with JPMorgan Chase & Co. , Goldman Sachs Group Inc. and Jefferies Financial Group Inc. on a listing that could take place in New York as soon as this year, the people said, asking not to be identified because the process is private. It may seek a valuation of more than $4 billion, they said. Considerations are ongoing and details including size and value might change, the people said, adding that other banks may also join the lineup later. RedotPay didn’t respond to a request for comment. Representatives for the three banks declined to comment. RedotPay raised $194 million in 2025, including through a Series B round in December , and said it reached unicorn status . Backers include Accel, Blockchain Capital, Goodwater Capital, HSG, Pantera Capital and Vertex Ventures. As of November, the company had more than 6 million registered users.