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Archive: 2025-03-10 (312) - Page 5/7 (50)

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2 Reasons to Watch GDYN and 1 to Stay Cautious

Grid Dynamics has had an impressive run over the past six months as its shares have beaten the S&P 500 by 23.6%. The stock now trades at $18.60, marking a 27.4% gain. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.

Investors Flock to BSX as Medical Device Company Hits New Highs

Boston Scientific has nearly doubled the S&P 500's performance over the past five years, driven by its solid quarterly results and beaten expectations. The company's momentum is backed by a decade of organic revenue growth averaging 14.4% year-on-year, indicating its ability to expand quickly without relying on expensive acquisitions. Boston Scientific's expanding margins also provide optionality for long-term growth.

Gaming Bundles Hit Rock Bottom in Middle-Earth: The Shadow Bundle Is Now 90% Off on Steam for a Limited Time

The bundle packages both open-world Middle-earth games with a flat 90% off on the total price. You get two critically acclaimed action-adventure titles based on The Lord of the Rings franchise with a unique story and the much loved Nemesis system. The game may seem like your average open-world title at first glance, but what sets it apart is the unique Nemesis system, a mechanic so good that Warner Bros. patented it. Both these games offer a unique storyline and a dynamic battle system that culminates in visually stunning large-scale assaults.

Fake Plan to Attack Australia Synagogue Fabricated by Organised Crime, Police Say

A fake plan to attack on a Sydney synagogue using a caravan of explosives was fabricated by an organised crime network in order to divert police resources, Australian police said on Monday. The discovery of the explosives in a caravan, which could have created a blast wave of 40 metres (130 feet), was part of a "criminal con job" with no intent to attack Jewish targets. Authorities are investigating a suspect involved in an organised crime network, and police have gone public with the information to provide comfort to the Jewish community.

Travel and Vacation Providers Stocks Q4 Recap: Benchmarking Hilton Grand Vacations (NYSE:HGV)

The recent Q4 results for travel and vacation providers reveal a mixed performance, with Hilton Grand Vacations standing out due to a 26% year-on-year revenue increase, despite missing EPS estimates. The overall group of 17 tracked companies reported revenues beating analysts' expectations by 1.6%, yet share prices have declined by an average of 11.3% following the earnings announcements. The evolving consumer preference for experiences over material goods continues to challenge traditional travel companies to innovate in a rapidly changing market.

India's Thermal Coal Imports Fall for Sixth Straight Month in February

India's thermal coal imports decreased for the sixth consecutive month in February, primarily due to a slowdown in manufacturing activity and a muted growth in coal-fired power generation. The drop of 15.3% to 12.16 million metric tons reflects the longest decline since 2022, as increased domestic production and a shift towards renewable energy sources further reduce reliance on imports. While coal consumption may rise with the approaching summer season, the anticipated demand may not translate into higher import levels given the current trends in domestic output.

Indian Slums Get 'Cool Roofs' To Combat Extreme Heat

In Ahmedabad, India, a project has commenced to paint the roofs of 400 households in informal settlements with a reflective white coating, aiming to reduce indoor temperatures as extreme heat becomes increasingly prevalent. This initiative is part of a global scientific trial investigating the impact of indoor heat on health and economic outcomes, particularly in developing countries. Early participants report significant improvements in living conditions, including lower electricity bills and better sleep quality, as they benefit from the cooler interior temperatures.

How Does the Canada General Election Work? A Simple Guide

Canada's federal elections are governed by a "first-past-the-post" electoral system, where voters select candidates in 343 ridings, and the party with the most elected MPs typically forms the government. The next election is scheduled for October 20, 2025, but can be called earlier if the prime minister resigns or loses a confidence vote, as is currently anticipated following Justin Trudeau's resignation. The political landscape is shifting, with the Conservative Party gaining momentum amid trade tensions with the United States, potentially leading to a tighter race.

Yilin Press Unveils First Graphic Novel Adaptation of The Three-Body Problem at London Book Fair 2025

Yilin Press will debut the first graphic novel adaptation of Liu Cixin's The Three-Body Problem at the 2025 London Book Fair, showcasing a fresh artistic interpretation through Guoman-style visuals. This adaptation, which consists of six volumes, follows the successful adaptations by Tencent and Netflix, further expanding the franchise's reach in international markets. The event will feature a signing ceremony with Editions Glénat, emphasizing the growing global interest in Chinese science fiction.

Romania's Far-Right Candidate Calin Georgescu to Challenge Presidential Election Ban

Georgescu has vowed to contest the decision at the Constitutional Court, despite analysts predicting an unfavorable outcome, which could further destabilize Romania's already tense political landscape. The far-right candidate's bid for the presidency has sparked tensions both domestically and internationally, with critics accusing him of promoting divisive rhetoric and potentially undermining Romania's pro-Western orientation. As the country teeters on the brink of turmoil, Georgescu's fate serves as a microcosm for the larger debate over democratic values and the role of extremist ideologies in modern politics.

TSMC’s Sales Quicken in First Two Months, Upbeat Note for AI

TSMC's revenue climbed 39% in the first two months, outpacing previous growth and indicating resilient demand for Nvidia chips powering AI development. The company's robust performance signals a strong tailwind for the AI sector, with analysts projecting further growth of around 41% this quarter. As the manufacturer of most AI chips worldwide, TSMC's sales are closely watched by Wall Street and Silicon Valley.

Mark Carney: The 'Anti-Trump' Numbers Man Who May Force the UK to Take a Side

Mark Carney's elevation as Canadian Prime Minister has set the tone for a more assertive stance against US President Donald Trump, with the former Bank of England governor vowing to resist American pressure and promote international solidarity. He has made it clear that Canada will not be swayed by economic threats and will stand firm in defending its sovereignty. The new PM's approach is likely to put him at odds with the UK government's close ties to the White House.

Sun Pharmaceutical Industries Ltd. Buys US-Based Checkpoint for $355 Million

Sun Pharmaceutical Industries Ltd. has agreed to buy US-based immunotherapy and oncology firm Checkpoint Therapeutics Inc. for an upfront payment of $355 million, as India’s largest drugmaker bolsters its specialty therapy portfolio. The acquisition is the firm’s second in less than three months, as it tries to rapidly diversify beyond generic drugs and build out a portfolio of novel therapies. This deal further underscores Sun Pharma's expansion into the lucrative US market for specialty medicines.

Airports Are Paralyzed: Strikes Bring Travel Ground to Halt

Hundreds of flights have been cancelled across Germany as airport workers stage a nationwide strike over pay, posing a major disruption for air travellers. Passengers at Frankfurt, Munich, Berlin and other major hubs have been urged not to travel to airports, with operations severely disrupted. The industrial action has brought air traffic at Hanover Airport to a standstill and caused problems with luggage returns.

Is Your AirTag Battery Dying Too Quickly? There's (Likely) a Fix for That

AirTag users have reported experiencing frequent low battery warnings, prompting concerns about the device's reliability, despite it being powered by a CR2032 battery that typically lasts over a year. A simple solution involves cleaning the battery contacts with a microfiber cloth to remove any residue that may interfere with functionality, particularly due to child-safe coatings on the batteries. If issues persist after this cleaning method, users may need to consider replacing the battery or consulting Apple for potential hardware problems.

Foxconn Unveils 'FoxBrain,' Built on Nvidia GPUs to Boost AI Efforts

Foxconn has launched its first large language model, "FoxBrain," built on top of Nvidia's H100 GPUs, with the goal of enhancing manufacturing and supply chain management. The model was trained using 120 GPUs and completed in about four weeks, with a performance gap compared to China's DeepSeek's distillation model. Foxconn plans to collaborate with technology partners to expand the model's applications and promote AI in various industries.

The S&P 500's Downside Risk Looms as Growth Concerns Mount

US stocks are at risk of slumping another 5% on worries about the hit to corporate earnings from tariffs and lower fiscal spending, according to Morgan Stanley’s Michael Wilson. The strategist expects the S&P 500 (^GSPC) to hit a low of about 5,500 points in the first half of the year, before recovering to 6,500 by end-2025. His year-end target implies a rally of 13% from current levels.

The Rise of Kali Linux: Unpacking the Most Famous Linux Hacking Distro of All Time

Kali Linux has become synonymous with penetration testing and security exploration, thanks to its extensive collection of over 600 tools for various security tasks. As an open-source Debian-based distro, it has gained widespread adoption among cybersecurity professionals and enthusiasts alike, offering a unique blend of ease of use and advanced features. The OS's rolling release model ensures users can access the latest security updates, making it a favorite among those in the field.

BYD Presents Its New Blade Battery: 50% More Energy Density without Sacrificing Safety

The introduction of BYD's Blade battery represents a significant shift towards prioritizing battery safety while increasing energy density, a move that could redefine industry standards for the entire sector. With its advanced design and rigorous testing, the Blade Battery has already passed stringent tests, including a nail penetration test, which revealed exceptional thermal stability. This breakthrough could help mitigate concerns about EV fires and promote a safer driving experience.

Icelandic Government Unveils HFF Bond Settlement Proposal

The Icelandic Government has jointly drafted proposals with pension funds and a discussion committee on settling Housing Financing Fund (HFF) bonds, aiming to wind up ÍL Fund and refinance Treasury debt. The proposal involves issuing new Treasury bonds worth ISK 540 bn, including refinancing the Treasury's debt to ÍL Fund of ISK 238 bn, and settling the Treasury's guarantee of ÍL Fund's obligations. This settlement is expected to generate positive payment flows to the Treasury and reduce the total stock of outstanding Treasury-guaranteed and issued securities.

Russia Trying to Gain Foothold in Ukraine's Sumy Region, Border Guard Says

Russian forces are attempting to create an active fighting zone in Ukraine's northeastern region of Sumy, across the border from Russia's Kursk region, amid increased pressure on Ukrainian troops. The situation is part of a broader escalation of tensions between the two nations, with both sides accusing each other of aggression. Ukraine's military has been working to repel Russian attacks and prevent the establishment of a hostile zone.

Polish PM Tusk Cautions 'Friends' Against Arrogance After Starlink Spat

Poland's prime minister has cautioned his allies against being arrogant in a post on X, following an extraordinary social media spat with top US and Polish officials over Starlink. The spat between Secretary of State Marco Rubio and Foreign Minister Radoslaw Sikorski raised concerns about the reliability of Elon Musk's satellite service for Ukraine. Poland pays $50 million per year for Ukraine to use Starlink, which provides crucial internet connectivity.

Deliveroo Exits Hong Kong Under Pressure From Meituan’s App

Deliveroo Plc will close its Hong Kong business after weak sales and mounting competition from rival food delivery app KeeTa, which was launched by Chinese giant Meituan in 2023. The company's international division has been weighed down by intense competition, with Deliveroo struggling to compete on pricing and promotions. Deliveroo's exit marks a significant shift for the London-based delivery company.

Nigeria's Anti-Graft Agency Recovers Nearly $500 Million in One Year

The Economic and Financial Crimes Commission (EFCC) has made significant strides in combating corruption in Nigeria, recovering a substantial amount of money from illicit activities last year. This achievement marks a notable shift towards tackling the entrenched corruption that has plagued the country for decades. The commission's efforts have also led to increased convictions, with over 4,000 cases resolved.

Fitch Assigns Negative Outlook to India's Adani Energy on US Probe Risks

Fitch Ratings has issued a negative outlook for Adani Energy Solutions Limited amid ongoing U.S. investigations into allegations of bribery and misleading investors. The firm highlighted that adverse findings could lead to significant governance issues, potentially resulting in a downgrade of the company’s rating if regulatory actions are taken. Despite moderating risks related to liquidity, concerns at the group level may still affect Adani Energy's access to capital markets.

Best Income Stocks to Buy for March 10th

NLY, HSNGY, and ATNI have been highlighted as top income stocks by Zacks Rank #1 (Strong Buy) for March 10, 2025, each demonstrating strong dividend yields and positive earnings estimates. Annaly Capital Management offers an impressive 11.9% dividend yield, while Hang Seng Bank and ATN International provide yields of 11.4% and 4.8% respectively, all exceeding their industry averages. The increasing earnings estimates for these companies indicate a favorable outlook, making them attractive options for income-focused investors.

China Tightens Grip on Canada Through Carney's Rise

China will continue to grow bilateral relations with Canada on the basis of mutual respect and equality, the foreign ministry said after Mark Carney won the race to lead Canada's ruling party and become the next prime minister. Carney's victory came just a day after Beijing announced tariffs on over $2.6 billion worth of Canadian agricultural and food products on Saturday, in retaliation against levies Ottawa introduced in October. The move reflects China's growing assertiveness under President Xi Jinping's leadership.

Zelenskiy Heads to Saudi Arabia Ahead of Crunch US Talks

Ukraine's President Volodymyr Zelenskiy is set to meet with Saudi Crown Prince Mohammed bin Salman on Monday, as tensions over the war in Ukraine continue to escalate. The US has shifted its stance, engaging directly with Moscow while cutting off military assistance and intelligence sharing for Kyiv. A bilateral minerals deal between Ukraine and the US will also be discussed during the talks, with Zelenskiy emphasizing the need for a realistic peace agreement.

Mainland Chinese Investors Buy Record Amount of Hong Kong Stocks

Mainland Chinese investors snapped up an unprecedented amount of Hong Kong stocks on Monday, further boosting their holdings amid a tech-driven rally this year, and surpassing the previous record seen in early 2021. The inflows from Chinese buyers came as the Hang Seng China Enterprises Index slid 2.1% following a 5.9% rally last week, but are expected to continue driving market momentum. As the influence of mainland investors grows in Hong Kong's financial hub, concerns about geopolitical risks and market volatility for foreign investors may be offset by speculation over favorable policy toward the AI industry.

Chinas Deflation Crisis Deepens as Retailers Try to Lure Customers with Discounts Period

China's deflationary economy is intensifying, with the country's consumer price index falling to -0.7% in February, sparking concerns about its impact on growth. As a result, retailers are becoming increasingly desperate to attract customers, with some stores offering flash sales four times a day, including the Wankelai store in Beijing, which sells clothing, snacks, and basic household products. The strategy is driven by consumers who are grappling with uncertainty about jobs and incomes, leading them to seek value-for-money purchases.

Bitcoin Price Plunges Amid Market Uncertainty

Bitcoin (BTC-USD), the world's largest cryptocurrency by market value, dropped about 4.5% to $82,127.01 at 08:00 GMT on Monday, extending recent volatility amid ongoing market uncertainty. The decline in Bitcoin's price has significant implications for investors and traders who have taken positions on the cryptocurrency. As one of the most widely traded assets globally, its value can greatly impact financial markets.

Returns On Capital At Aptitude Software Group (LON:APTD) Have Stalled

Aptitude Software Group's returns on capital have stalled, with a proven return on capital employed (ROCE) that is increasing and an expanding base of capital employed being absent. The company's reliance on selling assets to sustain its operations raises concerns about the long-term sustainability of its business model. Furthermore, the flat returns on capital over the past five years suggest that the business may not be generating enough value from its investments.

Crypto Market in Turmoil as Fear and Greed Index Reach 17-Month Low

Traders are now in a wait-and-watch mode as they approach the coming months, mainly eying macroeconomic data and decisions for cues on further positioning. The crypto market sell-off extended into its second week as bitcoin prices stopped at nearly $80,000 late Sunday, triggering a fresh decline in major tokens and altcoins. Dogecoin (DOGE) and Cardano’s ADA led losses with a nearly 10% slump over the past 24 hours, data shows.

Sekiro: Shadows Die Twice - GOTY Edition Is 50% Off as Part of a Limited-Time Discount on Steam

The critically acclaimed 2019 release, lauded for its uncompromising combat, has Overwhelmingly Positive reviews on the platform, with 95% of over 200k reviews rating the game positive. The gameplay is a mix of stealth, exploration, and brutal sword combat that demands precision, balanced out by the complexity of the posture system during combat. Developed by FromSoftware, the game puts you in the shoes of a shinobi on a quest to rescue his lord.

Häagen-Dazs Celebrates Five Trailblazing Women as the Winners of the Rose Project Are Revealded

Häagen-Dazs has announced the five remarkable winners of The Rose Project, Class of 2024, in celebration of International Women's Day and Women's History Month. The global initiative, created to celebrate the brand's female co-founder, Rose Mattus, sought nominations from across the globe to celebrate groundbreaking women making a societal or community impact. Each of the Class of 2024 winners will receive an equal share of the $100,000 USD bursary grant to help them continue their exceptional work, and unleash their potential.

The Trump Era Complicates Capital One's Future

Capital One is navigating increased scrutiny from the Biden administration while seeking approval for its merger with Discover Financial Services, amidst allegations that it targeted accounts belonging to supporters of President Donald Trump following the January 6, 2021, US Capitol attack. The company had previously settled a lawsuit with the Consumer Financial Protection Bureau over accusations of misleading customers on a high-yield savings account. Capital One's future regulatory landscape is uncertain under the new Trump administration.

Impact of Genetic Test on Treatment Decisions in Early-Stage HER2+ Breast Cancer

A groundbreaking study has confirmed the significant impact of genetic testing on treatment decisions in early-stage HER2-positive breast cancer. The study found that approximately 50% of cases were influenced by HER2DX results, leading to more personalized therapy approaches and reduced chemotherapy or anti-HER2 therapy intensity without compromising outcomes. The use of HER2DX also demonstrated strong predictive capability and increased oncologists' confidence when making treatment decisions.

Securely Erasing Your Digital Footprint with a Data Shredder Stick

A data shredder stick is the easiest and most secure way to wipe your old laptop's contents, providing peace of mind when selling or recycling it. This Windows-friendly tool overwrites data, making it impossible to recover once done, giving users greater control over their digital legacy. By using a data shredder stick, individuals can ensure their personal information and files are protected from falling into the wrong hands.

Fast Charging Tech Breaks EV Time Barrier

Farasis Energy has revealed a new 6C ultra-fast charging technology that allows EV batteries to go from 10 to 80 percent in just 8:55 minutes, significantly reducing the charging duration for electric vehicles. This breakthrough could revolutionize the EV ownership experience by providing faster refueling options, particularly on longer journeys. The company's innovative solution optimizes battery design and heat management to achieve this impressive charging speed.

Trump Says US Economy in 'Transition' As Trade War Escalates

The US President's assertion that his administration's changes to tariff threats against some of its closest trading partners mark a "period of transition" raises questions about the accuracy of this assessment, given the growing evidence of economic uncertainty and potential recession. The ongoing tit-for-tat tariffs with China and Mexico have sparked concerns among investors, who fear higher prices and reduced growth in the world's largest economy. As the US economy teeters on the brink of a potential downturn, it remains to be seen whether Trump's "transition" will ultimately prove to be a successful strategy.

Entry-Level RTX 5050 Desktop GPU Specs Leak Online With Bigger Bus and Higher TDP vs RTX 4050

The upcoming GeForce RTX 5050 is poised to be an affordable entry-level option for gamers, featuring specifications that include 2,560 CUDA cores, a 128-bit bus, and 8 GB of GDDR6 VRAM, all expected to cost below $300. Unlike its predecessor, the RTX 4050, which was limited to laptops, the RTX 5050 aims to fill the gap for budget-conscious desktop users. With a TDP of 130 W, the RTX 5050 may provide a noticeable performance boost over the mobile RTX 4050, despite lacking an increase in CUDA cores.

China Vows Utmost Efforts for 'Peaceful Reunification' With Taiwan

China will exert utmost efforts to realise "peaceful reunification" with Taiwan, but will take all necessary steps to safeguard China's territorial integrity. Chinese President Xi Jinping has emphasized the importance of reunification, stating that Taiwan is an inalienable part of China. The Chinese government views Taiwanese identity as a threat to its national unity.

UK Employers Slow Hiring, Pay Growth Cools, Survey Shows

Britain's jobs market cooled in February as the pace of hiring slowed and starting salaries rose by the least in four years, according to a survey on Monday that underscores firms' concerns about high employment costs and a soft economy. The number of available candidates for roles rose sharply, similar to in 2024, while the number of vacancies fell for the 16th month in a row. Overall pay settlements, which the Bank of England views as having a less direct influence on future inflation, fell to 3.5% from 4%.

China's Full Truck Alliance Eyes Hong Kong Listing, Strong 2025 Growth, Says Executive

FTA is open to revisiting plans for a second listing in Hong Kong amid renewed investor interest and escalating Sino-U.S. geopolitical tensions, which could provide much-needed capital and restore confidence in the company. The company reported strong earnings for 2024, driven by increasing digital adoption, with CFO Simon Cai expecting another strong performance in 2025. FTA is also boosting its investment in AI and plans to deploy a nationwide AI-led system to increase order fulfillment rates.

China's Full Truck Alliance Eyes Hong Kong Listing, Strong 2025 Growth, Says Executive

Full Truck Alliance (FTA), China's "Uber for trucks", may re-examine plans for a second listing in Hong Kong as investor sentiment rebounds and Sino-U.S. tensions escalate, according to the company. The Chinese logistics firm reported strong earnings in 2024, with revenue increasing by 33% year-on-year, driven by growing digital adoption and increased order volume. FTA's strong performance has lifted stock prices of Chinese tech firms listed in Hong Kong, boosting liquidity and valuation.

JPMorgan Joins Goldman, Hikes Euro Area's 2025 Economic Growth Forecast

J.P.Morgan and Goldman Sachs have revised their forecasts for the euro area's economic growth, increasing the projected growth rate to 0.8% in 2025 due to Germany's fiscal loosening reforms. The European Central Bank (ECB) has also lowered its deposit rate to 2.5%, but warned of "phenomenal uncertainty" that could impact policy easing. However, JPM economists caution that uncertainty from Trump's tariff policy and potential US tariffs on European goods could weigh on economic growth in the coming months.

US Levy on China-Linked Ships Threatens Global Supply Chains

A plan by the US to levy fees on ships linked to China is likely to hurt global supply and industrial chains, undermining the interests of US companies. China's foreign ministry has dismissed the move as a misguided attempt to revitalise the US shipbuilding industry. The impact of the fee will be felt across industries reliant on international trade. The plan may also lead to retaliatory measures from Chinese companies.

The Rise of Trust in AI Among CFOs: A Path Forward for Finance Teams

CFOs must establish a solid foundation before embracing AI tools, as the technology's accuracy and reliability are crucial for informed decision-making. By prioritizing the integrity of input data, problem complexity, and transparency of decision making, finance leaders can foster trust in AI and reap its benefits. Ultimately, CFOs need to strike a balance between adopting new technologies and maintaining control over critical financial processes.

Foxconn Unveils First Large Language Model

Foxconn has launched its first large language model, named "FoxBrain," which uses 120 Nvidia GPUs and is based on Meta's Llama 3.1 architecture to analyze data, support decision-making, and generate code. The model, trained in about four weeks, boasts performance comparable to world-class standards despite a slight gap compared to China's DeepSeek distillation model. Foxconn plans to collaborate with technology partners to expand the model's applications and promote AI in manufacturing and supply chain management.

India Inflation Likely Eased Below 4% in February for the First Time in Six Months

India's consumer inflation is projected to have fallen below the Reserve Bank of India's target of 4.0% in February, driven by a slowdown in food price increases as fresh produce became more available. Economists suggest that this easing of inflation may prompt the central bank to consider interest rate cuts to support economic growth, especially following a previous reduction in February. However, concerns remain about potential future inflation spikes due to the looming summer heatwaves and their impact on crop yields.