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BUZZ-Aussie copper miners fall on Trump's tariff threats, analysts' forecast cuts
** Shares of Australian copper miners fall after U.S. President Donald Trump said he would impose tariffs on aluminium and copper imports** Stocks also pressured by analysts marking down forecasts for the metal's prices in 2025, citing uncertainty over Trump's tariffs, China's economy, a...Reuters
Tue, Jan 28
BUZZ-Australia's EBR Systems jumps to record high on manufacturing expansion
** Shares of EBR Systems EBR.AX rise as much as 9.8% to a record high of A$1.795; last up 7.7% at A$1.76** Cardiac medical device manufacturer says it has signed an 11-year lease agreement for a new facility in California** Co says the 51,000-square feet facility will provide more space for R&D ...Reuters
Tue, Jan 28
Zhi Sheng Group Holdings Limited (Stock Code: 8370.HK) Appoints Mr. Lai Ningning as Chief Executive Officer
Zhi Sheng Group Holdings Limited (Stock Code: 8370.HK)Appoints Mr. Lai Ningning as Chief Executive Officer (28 January 2025, Hong Kong) Fast-developing data center construction and management company - Zhi Sheng Group Holdings Limited (the “Company” or “Zhi Sheng Group”, stock code: 8370.HK) is pleased to announce that, it has appointed Mr. Lai Ningning as its Chief Executive Officer with effect from 23 December 2024. Mr. Lai has been appointed for an initial term of one year, which is automatically renewable for a successive term of one year each commencing from the expiry of the then current term of appointment.Mr. Lai is currently an executive Director of Zhi Sheng Group. Entering the data center industry as early as 2000, Mr. Lai. has accumulated over 20 years of industry experience, making him a well-regarded expert in the field. He previously worked for VNET Group, one of China's top data center operators, where he started as a junior engineer. Within six years, he was promoted to senior executive, establishing an industry-leading independent business unit in just another four years. In 2017, Mr. Lai founded Beijing Hao Kuan Network Technology Company Limited, currently the largest internet exchange center service provider in China, serving numerous well-known enterprises. On top of the above achievements, he also founded Beijing Haoyang Cloud & Data Technology Company Limited, overseeing the construction of two large-scale data center campuses along with multiple exchange and incubation projects. One of the most well-known projects under his supervision was the Langfang No. 1 Data Center. The project, built to national Class A standards, boasts a total power capacity exceeding 300MW and computing power of over 200,000P, capable and currently serving several prominent internet players. Benefited from Mr. Lai’s extensive industry experience and exceptional achievements, the Langfang No. 1 Data Center project has also attracted investment from one of the world's largest private equity firms.In recent years, Zhi Sheng Group has been actively expanding its data center business. In 2020, the Company officially launched its data center operations in Shanghai through the acquisition of Polyqueue Limited, initially leasing data center cabinets and subleasing them to third-party customers in return for stable rental income. As the data center market continued to thrive, the Company also strived to expand its upstream resources to reduce costs and increase efficiency, and in turn, establish long-term partnerships with several well-known internet companies through outstanding service capabilities. Recently, the Company has also introduced the buildout management service business, an innovative business model that covers data center construction and management, effectively enhancing customer stickiness and profitability of projects.The Board would like to welcome Mr. Lai on his appointment, and is confident in his capability for fast-tracking its business development. The appointment of Mr. Lai should bring vast industry experience, strong technical know-how, and extensive global resources to the Company's data center business. Given the Company’s data center business is still in its early stages, Mr. Lai’s presence is expected to accelerate the transformation of its data center business, allowing the Company to further expand its customer base, and achieve greater heights in the data center industry.– END –About Zhi Sheng Group Holdings LimitedZhi Sheng Group is principally engaged in the manufacture and sale of furniture products, with its products mainly selling to the domestic PRC market, including Sichuan Province, Chongqing City, the Tibet Autonomous Region and Guizhou Province. Since the acquisition of Polyqueue Limited in January 2020, the Group has also tapped into the data center business in the PRC. By June 2021, the Group started to carry buildout management service business, seizing the market opportunities brought about by the development of AI and cloud computing. This press release is issued by DLK Advisory Limited on behalf of Zhi Sheng Group Holdings Limited.DLK Advisory 金通策略pr@dlkadvisory.comTel: +852 2857 7101Fax: +852 2857 710328/01/2025 Dissemination of a Marketing Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Tue, Jan 28
Zhi Sheng Group Holdings Limited (Stock Code: 8370.HK) Appoints Mr. Lai Ningning as Chief Executive Officer
Zhi Sheng Group Holdings Limited (Stock Code: 8370.HK)Appoints Mr. Lai Ningning as Chief Executive Officer (28 January 2025, Hong Kong) Fast-developing data center construction and management company - Zhi Sheng Group Holdings Limited (the “Company” or “Zhi Sheng Group”, stock code: 8370.HK) is pleased to announce that, it has appointed Mr. Lai Ningning as its Chief Executive Officer with effect from 23 December 2024. Mr. Lai has been appointed for an initial term of one year, which is automatically renewable for a successive term of one year each commencing from the expiry of the then current term of appointment.Mr. Lai is currently an executive Director of Zhi Sheng Group. Entering the data center industry as early as 2000, Mr. Lai. has accumulated over 20 years of industry experience, making him a well-regarded expert in the field. He previously worked for VNET Group, one of China's top data center operators, where he started as a junior engineer. Within six years, he was promoted to senior executive, establishing an industry-leading independent business unit in just another four years. In 2017, Mr. Lai founded Beijing Hao Kuan Network Technology Company Limited, currently the largest internet exchange center service provider in China, serving numerous well-known enterprises. On top of the above achievements, he also founded Beijing Haoyang Cloud & Data Technology Company Limited, overseeing the construction of two large-scale data center campuses along with multiple exchange and incubation projects. One of the most well-known projects under his supervision was the Langfang No. 1 Data Center. The project, built to national Class A standards, boasts a total power capacity exceeding 300MW and computing power of over 200,000P, capable and currently serving several prominent internet players. Benefited from Mr. Lai’s extensive industry experience and exceptional achievements, the Langfang No. 1 Data Center project has also attracted investment from one of the world's largest private equity firms.In recent years, Zhi Sheng Group has been actively expanding its data center business. In 2020, the Company officially launched its data center operations in Shanghai through the acquisition of Polyqueue Limited, initially leasing data center cabinets and subleasing them to third-party customers in return for stable rental income. As the data center market continued to thrive, the Company also strived to expand its upstream resources to reduce costs and increase efficiency, and in turn, establish long-term partnerships with several well-known internet companies through outstanding service capabilities. Recently, the Company has also introduced the buildout management service business, an innovative business model that covers data center construction and management, effectively enhancing customer stickiness and profitability of projects.The Board would like to welcome Mr. Lai on his appointment, and is confident in his capability for fast-tracking its business development. The appointment of Mr. Lai should bring vast industry experience, strong technical know-how, and extensive global resources to the Company's data center business. Given the Company’s data center business is still in its early stages, Mr. Lai’s presence is expected to accelerate the transformation of its data center business, allowing the Company to further expand its customer base, and achieve greater heights in the data center industry.– END –About Zhi Sheng Group Holdings LimitedZhi Sheng Group is principally engaged in the manufacture and sale of furniture products, with its products mainly selling to the domestic PRC market, including Sichuan Province, Chongqing City, the Tibet Autonomous Region and Guizhou Province. Since the acquisition of Polyqueue Limited in January 2020, the Group has also tapped into the data center business in the PRC. By June 2021, the Group started to carry buildout management service business, seizing the market opportunities brought about by the development of AI and cloud computing. This press release is issued by DLK Advisory Limited on behalf of Zhi Sheng Group Holdings Limited.DLK Advisory 金通策略pr@dlkadvisory.comTel: +852 2857 7101Fax: +852 2857 710328/01/2025 Dissemination of a Marketing Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Tue, Jan 28
Tech stock selloff deepens as DeepSeek triggers AI rethink
China's DeepSeek AI assistance swells in popularityInvestors ponder AI race between China, USNvidia shares sink 17%, wiping $593 bln off market valueJapanese technology shares slide for second dayBy Ankur Banerjee and Rae Wee SINGAPORE, Jan 28 (Reuters) - Japanese technology shares fell on Tu...Reuters
Tue, Jan 28
BUZZ-Morningstar lifts fair value estimate for Australia's Beach Energy
** Morningstar has increased its Fair Value estimate for oil and gas producer Beach Energy BPT.AX by 6% to A$2.55 ** The investment research firm attributes the hike to higher outlook for commodity prices** Morningstar has also increased its FY25 earnings per share estimate by 9% to reflect two LNG ...Reuters
Tue, Jan 28
Equity LifeStyle Properties Inc reports results for the quarter ended December 31 - Earnings Summary
Equity LifeStyle Properties Inc ELS.N reported quarterly adjusted earnings of 50 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 49 cents. The mean expectation of eight analysts for the quarter was for earnings of 48 cent...Reuters
Tue, Jan 28
Japan's Nikkei falls as tech shares track Nasdaq lower
Updates with midday closing level TOKYO, Jan 28 (Reuters) - Japan's Nikkei share average fell on Tuesday as heavyweight chip-related stocks tracked an overnight drop in the Nasdaq, but gains in bank shares helped the Topix reverse early losses.The Nikkei .N225 ended the morning session down 0...Reuters
Tue, Jan 28
2 Unstoppable Stocks to Buy in 2025 and Hold Forever
Investing in growth stocks can help you significantly grow your savings over many years, but it's important to choose the right stocks. Following are two outstanding businesses that are about as rock-solid as they come. Here's why investors can't go wrong with Amazon (NASDAQ: AMZN) and Warren Buffet...The Motley Fool
Tue, Jan 28
A Once-in-a-Decade Opportunity: Buy This Magnificent Dividend Stock With a 4.2% Yield in 2025 and "Never" Sell
The world is awash in stock market fever. Well, at least a fever centered on artificial intelligence (AI), semiconductors, and cryptocurrency-related investments. If your portfolio is focused on these categories, perhaps it is time to think about diversification.While betting on risky stocks can see...The Motley Fool
Tue, Jan 28
MainStreet Bancshares Inc reports results for the quarter ended December 31 - Earnings Summary
MainStreet Bancshares Inc MNSB.OQ reported a quarterly adjusted loss of $2.20 per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 62 cents. The lone analyst forecast for the quarter was for earnings of 23 cents per share. Revenue fe...Reuters
Tue, Jan 28
A Potential New Thorn in Ford's Side
Ford Motor Company (NYSE: F) has been busy trying to turn its operations around. The company is struggling in China, struggling to keep warranty costs in check, and losing billions on its electric vehicle (EV) division. The last thing Ford needs right now is an incoming administration with a level o...The Motley Fool
Tue, Jan 28
Quantum Computing Might Be the Biggest AI Trend of 2025, and This Stock Could Benefit
Quantum computing has been on the horizon for what feels like decades. But with the explosion of artificial intelligence (AI) over the past year or so, the quantum computing future could be upon us. In 2025, there are several stocks that could benefit. Some are big tech businesses; others are specia...The Motley Fool
Tue, Jan 28
Is PayPal Stock a Buy Before Feb. 4?
All eyes are on PayPal (NASDAQ: PYPL) ahead of its fourth-quarter earnings report, which will be released on Feb. 4. The good news for investors is that shares of the financial technology (fintech) giant have climbed by 38% over the past year, riding a wave of steady growth and rising profitability....The Motley Fool
Tue, Jan 28
3 Types of People Who Should Claim Social Security at 62
Claiming Social Security at 62 is popular strategy because it gives recipients the most checks. At the same time, it reduces the size of their checks by up to 30%. That's because the government penalizes beneficiaries for every month they claim benefits before their full retirement age (FRA), which...The Motley Fool
Tue, Jan 28
3M's Turnaround Is Off to a Good Start. Here's Why It's a Buy for 2025 and Beyond.
3M (NYSE: MMM) recently updated the market with its fourth-quarter earnings report, and management's comments essentially confirmed the bullish case for the stock. While its end markets remain mixed and its top-line growth rate muted, the company is progressing well in expanding margins and laying d...The Motley Fool
Tue, Jan 28
GLOBAL MARKETS-China's AI drive hammers tech stocks
Changes dateline, writes through to update prices for Asia morningDeepSeek has investors questioning tech and AI valuationsBroad risk-off mood grips markets; yen and Swiss franc gainUS bonds rise, pushing yields to multi-week lowsOil prices down around 2%By Lawrence Delevingne, Samuel Indyk and Tom ...Reuters
Tue, Jan 28
Co-CEOs Ted Sarandos and Greg Peters Just Delivered Fantastic News for Netflix Investors
Video streaming giant Netflix (NASDAQ: NFLX) recently reported a blowout fourth quarter thanks to strong subscriber growth, proving the company can continue to lead a saturated streaming market. The stock surged roughly 10% immediately following the news, and Netflix now has a nearly $415 billion ma...The Motley Fool
Tue, Jan 28
Japan's Nikkei falls as tech shares track Nasdaq lower
TOKYO, Jan 28 (Reuters) - Japan's Nikkei share average fell on Tuesday as heavyweight chip-related stocks tracked an overnight drop in the Nasdaq, with a stronger yen also weighing on investor sentiment.By 0059 GMT, the Nikkei .N225 had declined 1.3% to 39,045.81, while the broader Topix .TOPX w...Reuters
Tue, Jan 28
QXO goes hostile in $11 billion takeover offer to Beacon Roofing
Billionaire Brad Jacobs bypasses Beacon's boardBeacon says it is looking for alternative buyers to raise priceShareholders have until Feb. 24 to tender sharesRewrites for context, add details on private talksBy Sabrina Valle and Anshuman Tripathy Jan 27 (Reuters) - Billionaire Brad Jacobs on...Reuters
Tue, Jan 28
