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BYD is considering establishing its third European car assembly plant in Germany to enhance brand awareness, despite concerns over high labor and energy costs. Currently, the company is building two NEV plants in Hungary and Turkey, with production set to start in October 2024 and March 2026, respectively. The final decision on the new plant will depend on sales performance in Europe and the capacity utilization of existing facilities.
Slaughter cattle prices in the EU continue to rise, with young bulls averaging 624.93 euros/100 kg BW, a 0.5% increase. Notable price hikes were seen in Denmark, Ireland, and Poland, while Italy experienced a 4.3% drop. Slaughter cow prices also increased to 515.87 euros/100 kg BW, with significant gains in several countries, although Austria and Spain saw declines. Heifer prices rose to 610.19 euros/100 kg BW, with Poland and Belgium leading the increases, while Italy's prices fell by 3.3%.
Huawei hosted the Green Data Center Elite Club at MWC Barcelona 2025, gathering over 50 industry leaders to discuss AI-driven technologies and sustainable practices in data centers. Key insights included the importance of modular design for faster construction, energy-saving technologies, and the economic benefits of green data centers. The event fostered collaboration within the data center ecosystem, positioning Huawei as a leader in AI infrastructure transformation for next-generation data centers.
Royalty Pharma recently announced an increase in its quarterly dividend to $0.22, with the ex-dividend date set for February 21st. The company, which specializes in acquiring biopharmaceutical royalties, reported a net margin of 37.94% and a return on equity of 24.40%, with a current market capitalization of $18.89 billion. Analysts maintain a consensus "Buy" rating for the stock, with a target price of $41.60.
Deliveroo has postponed its margin growth forecast due to a slower recovery in consumer confidence, resulting in a 9% drop in shares on March 13. Despite this, the company reported its first statutory profit of £2.9 million in 2024, alongside positive cash flow and core earnings of £129.6 million. CEO Will Shu announced that the 4% core earnings margin target, initially set for 2026, will now be achieved “from 2026” as the company exits Hong Kong, selling assets to Foodpanda, while continuing operations in seven other markets.
Ripple has secured a license from the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments in the Dubai International Financial Centre (DIFC), marking its first license in the Middle East. This approval allows UAE businesses to utilize Ripple’s blockchain-based payment system, reflecting the region's growing demand for efficient cross-border solutions. CEO Brad Garlinghouse emphasized the UAE's supportive environment for tech and crypto innovation, which positions it well for future growth.
Ripple has secured a license from the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments in the Dubai International Financial Centre (DIFC), marking its first license in the Middle East. This approval allows UAE businesses to utilize Ripple's blockchain-based payment system, reflecting the region's growing demand for efficient cross-border solutions. Ripple's CEO highlighted the UAE's supportive environment for tech and crypto innovation, while the company anticipates increased stablecoin adoption driven by the need for real-time settlement.
Fidelis Insurance Holdings Limited, a specialty insurer, operates in Bermuda, Ireland, and the UK, focusing on aviation, energy, marine, and property risks. Institutional investors hold 81.99% of its stock, with UBS raising its price target to $25, suggesting a 67.37% upside, while analysts maintain a "Hold" rating with an average target of $20.57. The company's stock recently traded at $14.94, with a market cap of $1.76 billion, despite reporting a quarterly EPS of ($1.05), missing estimates.
Sales of anti-Elon Musk bumper stickers have surged, with Matthew Hiller selling 400 to 500 daily since the CEO's controversial actions at a Trump rally. Many Tesla owners, unable to sell their cars due to declining values, are using the stickers as a way to express their discontent with Musk's political stance. The stickers have gained international popularity, with orders coming from various countries, while demonstrations against Tesla have increased across the U.S.
UBS Group has raised its price target for Flutter Entertainment (NYSE:FLUT) from $335.00 to $340.00, maintaining a "buy" rating, indicating a potential upside of 37.08%. Other analysts have also adjusted their targets, with a consensus rating of "Buy" and an average price target of $311.41. Flutter operates in sports betting and gaming across multiple regions, with shares currently trading at $248.02.
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byd considers third european plant in germany amid tariff challenges
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10:46 17.03.2025
european slaughter cattle prices continue upward trend across multiple countries
07:27 17.03.2025
Huawei fosters collaboration for sustainable data centers at elite industry event
07:05 16.03.2025
royalty pharma announces dividend increase and strong quarterly earnings results
08:53 15.03.2025
Deliveroo delays margin target as consumer confidence remains low
02:00 14.03.2025
Ripple gains DFSA license to enhance crypto payments in Dubai financial hub
08:54 13.03.2025
Ripple gains DFSA license to enhance crypto payments in Dubai financial hub
08:54 13.03.2025
fidelis insurance stock analysis and recent price target updates
16:13 08.03.2025
anti-elon musk stickers surge in sales among dissatisfied tesla owners
10:37 08.03.2025
ubs raises flutter entertainment price target to 340 dollars with buy rating
09:33 08.03.2025
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