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PwC survey says the next industrial revolution is near. Are companies ready for it?
Yahoo Finance· 2025-09-17 11:50
Core Insights - The industrial sector is undergoing significant transformation driven by advancements in artificial intelligence and a shift towards geopolitical sovereignty, with companies needing to adapt to avoid irrelevance [3] - Major manufacturers, including Apple and TSMC, are investing billions in U.S. production to enhance quality control and speed to market, influenced by automation and government incentives [4] - A survey indicates that 90% of executives believe companies relying on distant suppliers will face extinction by 2035 if no changes are made [5] Industry Trends - There is a growing trend towards modular manufacturing, with nearly half of surveyed leaders expecting their operations to be fully modular within five years, a significant increase from 6% today [6] - The concept of "self-healing supply chains" is gaining traction, utilizing technologies like predictive maintenance and digital twins to enhance supply chain resilience and reduce downtime [7] - A survey of over 500 manufacturing executives reveals that 93% believe the industry is on the verge of a new industrial revolution, necessitating a reinvention of operational strategies focused on supply chain resiliency and energy independence [8]
Asian Markets Track Global Markets Lower
RTTNews· 2025-09-17 03:35
Market Overview - Asian stock markets are mostly trading lower, influenced by negative cues from global markets and concerns over the US Fed's anticipated interest rate cut [1][2] - Australian shares are notably lower, with the S&P/ASX 200 falling below 8,850, driven by weakness in mining and financial stocks [3][4] Australian Market Details - The S&P/ASX 200 Index decreased by 61.60 points or 0.69% to 8,816.10, while the All Ordinaries Index fell by 59.00 points or 0.65% to 9,092.20 [4] - Major miners like BHP Group and Rio Tinto are down over 1%, with Fortescue declining 1.5% and Mineral Resources slipping almost 3% [4][5] Company-Specific News - BHP announced plans to suspend operations and cut 750 jobs at a Queensland coking coal mine due to low prices and high state royalties [5] - In the tech sector, Afterpay owner Block is gaining almost 1%, while WiseTech Global and Xero are up more than 1% each [6] - PYC Therapeutics shares are down over 28% following the sudden resignation of CEO Dr. Rohan Hockings [7] Currency and Other Markets - The Australian dollar is trading at $0.668, while the Japanese stock market is modestly higher, with the Nikkei 225 up 93.52 points or 0.21% [8][9] - In the US market, major averages ended modestly lower, with the Dow down 125.55 points or 0.3% [14]
X @Bloomberg
Bloomberg· 2025-09-17 03:14
Japanese carmakers will strive to keep up the positive cycle of wage growth as a recent trade deal with the US enables the industry to avoid “catastrophic” impact from Trump tariffs https://t.co/qTM0PZLIK8 ...
SciSparc Stock Shoots Up Over 89% After Hours: What's Going On? - SciSparc (NASDAQ:SPRC), America Movil (NYSE:AMX)
Benzinga· 2025-09-17 02:50
Core Viewpoint - SciSparc Ltd. experienced a significant stock price increase of 89.13% to $3.48 in after-hours trading following a court-granted stay in merger proceedings with AutoMax Motors Ltd. [1] Group 1: Merger Proceedings - The Jerusalem District Court has granted AutoMax's request to delay merger proceedings until September 30 due to concerns about completing the merger and meeting closing conditions [2] - A merger agreement was signed between SciSparc and AutoMax on April 10, 2024, which has been revised due to operational difficulties at AutoMax [3] Group 2: Stock Performance - In 2025, SciSparc's stock saw a significant decline of 75.66%, with a high of $22.47 on January 6 and a low of $1.80 by Monday, with trading volume dropping to 123,000 shares [4] - The market capitalization of SciSparc is $2.98 million, with the stock trading between $1.75 and $37.59 over the past year, and it remains down 71.87% despite the recent surge [5] - During the regular trading session on Tuesday, the stock experienced a 2.22% increase [5]
Loop Industries Announces Offtake Agreement with Taro Plast to Supply Loop Dimethyl Terephthalate (DMT) Made From 100% Recycled Content
Accessnewswire· 2025-09-16 20:30
Core Insights - Loop will supply Taro Plast with Loop™ DMT from its planned Infinite Loop™ India facility [1] - The Loop™ DMT supplied to Taro Plast will be utilized for automotive and specialty polymer applications [1]
Are rare sneakers and cars good investments? How you can build wealth with alternative assets
Yahoo Finance· 2025-09-16 16:17
Core Insights - Masterworks is democratizing access to elite art investments, making it easier for retail and accredited investors to purchase fractional shares of blue-chip artworks, which have historically outperformed the stock market [1][6][7] - The contemporary art market is experiencing significant growth, particularly among wealthy young Americans, with 83% of individuals aged 21 to 43 expressing interest in art collections [4][5] - Millennials and Gen Z investors are increasingly favoring alternative investments, such as art and collectibles, over traditional stocks and bonds, with a notable shift in wealth-building strategies [5][11] Art Investment Trends - Fine art has delivered an annual return of 11.5% from 1995 to 2023, outperforming the S&P 500's 9.6% return during the same period, highlighting its potential as a lucrative investment [1] - The Bank of America's 2024 Study indicates that millennials and Gen Z with at least $3 million to invest are three times more likely to choose alternative investments compared to older generations [5][11] - The fastest-growing segment of the art market is post-World War II and contemporary art, with a strong interest in "blue chip art" among younger wealthy Americans [4] Alternative Investment Strategies - Collectibles, including art and sneakers, are gaining traction as alternative investment strategies, although they carry inherent risks related to market timing and knowledge [2][8] - Real estate remains a stable investment choice, with new platforms enabling easier access for investors, thus diversifying portfolios [13][14] - Gold is viewed as a safe haven asset, maintaining stability over time and attracting investors during economic uncertainties [19][20]
X @TechCrunch
TechCrunch· 2025-09-16 14:50
The National Highway Traffic Safety Administration has received nine reports from owners who couldn't access their cars, including from parents whose children were stuck inside. https://t.co/4Wnpauz5Vn ...
Dow Falls Over 100 Points; US Retail Sales Top Estimates
Benzinga· 2025-09-16 14:36
U.S. Stock Market - U.S. stocks traded mostly lower, with the Dow Jones index falling more than 100 points, down 0.29% to 45,751.36 [1] - The NASDAQ fell 0.01% to 22,349.18, and the S&P 500 dropped 0.05% to 6,612.17 [1] - Energy shares increased by 1.2%, while utilities stocks fell by 0.7% [1] Retail Sales - U.S. retail sales rose 0.6% month-over-month in August, matching the revised 0.6% gain in July and exceeding market expectations of a 0.2% gain [2][10] Commodities - Oil prices increased by 1.4% to $64.16, while gold rose by 0.5% to $3,737.00 [3] - Silver traded up 0.7% to $43.240, and copper fell by 0.2% to $4.7105 [3] European Markets - European shares were lower, with the eurozone's STOXX 600 falling 0.8% and Spain's IBEX 35 Index down 1.1% [4] - London's FTSE 100 decreased by 0.7%, Germany's DAX 40 dipped 1.2%, and France's CAC 40 fell 0.7% [4] Asian Markets - Asian markets closed mostly higher, with Japan's Nikkei gaining 0.30% and India's BSE Sensex increasing by 0.73% [5] Company Performance - Turbo Energy, S.A. shares surged 534% to $17.73 after securing a $53 million contract for energy storage projects in Spain [7] - FGI Industries Ltd. shares rose 113% to $8.46, while Brera Holdings PLC shares increased by 109% to $14.30 [7] - Bionano Genomics, Inc. shares dropped 41% to $1.6292 following a $10 million public offering announcement [7] - GD Culture Group Limited shares fell 28% to $7.00 after entering a share exchange agreement for Bitcoin assets [7] - Chijet Motor Company, Inc. shares decreased by 26% to $0.0848 [7] Economic Indicators - U.S. business inventories increased by 0.2% month-over-month in July, aligning with market estimates [8] - The NAHB/Wells Fargo Housing Market Index remained steady at 32 in September [8] - U.S. industrial production rose by 0.1% in August, following a 0.4% decline in the previous month [8]
Scott Bessent invokes deadly Hamilton-Burr duel when asked about threat to punch Bill Pulte in ‘f–king face’
New York Post· 2025-09-16 14:17
Group 1 - Scott Bessent, director of the Federal Housing Finance Agency, had a heated confrontation with Bill Pulte, reportedly threatening him during a social event in Washington, D.C. [5][6][9] - The altercation is part of ongoing tensions regarding the direction of federal mortgage giants Fannie Mae and Freddie Mac, with both Bessent and Pulte having differing views on the Federal Reserve's policies [7][8] - Bessent has advised President Trump against firing Federal Reserve Chairman Jerome Powell, while Pulte has called for a purge of central bankers, accusing Fed governor Lisa Cook of mortgage fraud [8][7] Group 2 - The confrontation between Bessent and Pulte was characterized by strong language, with Bessent reportedly saying, "Why the f— are you talking to the president about me? F— you," and threatening physical violence [5][4] - This incident follows a previous altercation involving Bessent and Elon Musk, indicating a pattern of conflict within the Trump administration regarding key appointments and policies [11][13] - The Executive Branch social club, where the incident occurred, is a high-profile venue that has attracted significant financial contributions from its founding members, including $500,000 from each [5]