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Busy Week of China Trade, FOMC Send Stocks to Record Highs
Schaeffers Investment Research· 2025-09-19 18:01
Group 1: Federal Reserve and Market Movements - The Federal Open Market Committee (FOMC) cut the Fed funds rate by 25 basis points, now between 4%-4.25%, with projections for two more cuts in 2025 [1] - Tesla's significant gains contributed to market increases, with the Nasdaq Composite achieving a sixth consecutive record close [1] - The S&P 500 Index reached a new record high, while the Cboe Volatility Index (VIX) ended a three-day winning streak [2] Group 2: Technology Sector Developments - Oracle continues to generate headlines, influenced by TikTok, while Tesla's recent performance yielded a 424% return for options traders [3] - Intel and Nvidia's partnership in data center chips contributed to Thursday's tech gains [3] - China-based companies Alibaba and Baidu benefited from AI trends, while AMD and Micron Technology had notable chart movements [4] Group 3: Commodities and Infrastructure - Nucor reduced its third-quarter guidance due to tariff impacts, while uranium stocks surged following plans to increase the U.S. uranium stockpile [5] - Corteva received a price-target increase from Deutsche Bank, indicating positive sentiment in the chemical sector [5] Group 4: Upcoming Economic Indicators - Upcoming GDP data and earnings reports from several companies, including Accenture, AutoZone, and Costco Wholesale, are anticipated next week [7]
Croda International shares jump after Standard Industries unit discloses stake
Invezz· 2025-09-18 17:22
Group 1 - Shares of Croda International Plc increased by 4.7% on Thursday, representing the company's strongest daily gain since April 23 [1] - The surge in share price followed a filing that disclosed information regarding Standard Latitude M [1]
X @Bloomberg
Bloomberg· 2025-09-18 16:40
Croda International Plc’s stock jumped the most in nearly five months after an American investment management company disclosed it held more than 5% voting rights in the British chemicals supplier https://t.co/LoWZcEFgVe ...
NanoXplore Announces Supply Contract with Chevron Phillips Chemical
Globenewswire· 2025-09-18 12:30
MONTREAL, Sept. 18, 2025 (GLOBE NEWSWIRE) -- NanoXplore Inc. (“NanoXplore”) (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, is pleased to announce that it has entered into a significant supply agreement with Chevron Phillips Chemical (CPChem). This multi-year supply contract is to provide Tribograf™, a proprietary carbon product produced in NanoXplore’s graphene production facility in Montreal, Canada. Drilling Specialties, a division of CPChem, alongside NanoXplore, developed and tested form ...
Dow, Gruppo Fiori develop new way to recycle car seat foam without vehicle dismantling
Yahoo Finance· 2025-09-18 09:19
Core Insights - Dow and Gruppo Fiori have developed a new method for recycling automotive polyurethane foam, which allows for the extraction of clean foam ready for chemical recycling without the need for vehicle disassembly [1][2]. Group 1: Recycling Process - A typical car contains approximately 62 pounds of polyurethane foam, with 22 to 33 pounds found in car seats [2]. - The new process eliminates the costly and labor-intensive disassembly step previously required for foam recovery, enabling workers to convert recycled foam into new materials [2]. Group 2: Circular Supply Chain - The advancement supports a "circular automotive supply chain," promoting continuous material use and waste minimization [3]. - Collaboration is emphasized as essential for building a closed-loop supply chain in the automotive industry [3]. Group 3: Regulatory Compliance and Sustainability - The partnership aims to assist manufacturers in meeting proposed European Union regulations that require higher recycled material content in vehicles [4]. - Sustainable recycling pathways will help automotive manufacturers achieve their sustainability goals without compromising the performance benefits of polyurethanes [5].
天风证券每日晨报精选:智造升级引擎,物流变革新支点
Group 1: Unmanned Forklifts Industry - Unmanned forklifts are driving a transformation in logistics through technological evolution from AGV to AMR, with significant price reductions expected due to the maturity of the supply chain and the rise of domestic components [1] - The demand for unmanned forklifts is expanding, with shipments in China increasing from 2,700 units in 2019 (penetration rate of 0.44%) to 19,500 units in 2023 (1.66%), and projected to reach 39,000 units by 2025 (3.17%) [1] - The Chinese market for unmanned forklifts is valued at $2.385 billion in 2023, accounting for 45% of the global market, with Asia's overall share at 47%, positioning China as a core growth driver [1] - Key players in the industry include Linde (China), Hangcha Intelligent, Toyota Material Handling, and Geek+, with the latter achieving the highest global market share in warehouse robots in 2021 [1] Group 2: Zhongxing Communications - Zhongxing Communications reported nearly 100% year-on-year growth in revenue from its second curve, driven by computing power and terminal products, which now account for over 35% of total revenue [4] - The company's server and storage revenue grew by over 200%, with AI servers making up 55% of this segment [4] - Zhongxing has secured the largest share in the recent bidding for AI general computing devices from China Mobile, showcasing its strong market position [4] - The company is enhancing its self-developed switching chip capabilities, progressing from 12.8T to 51.2T in forwarding capacity, indicating ongoing technological advancements [4] - The evolution of AI technology and its applications is expected to boost the construction of intelligent computing centers and increase business volume at the consumer end, driving growth in the ICT industry over the next 3-5 years [4]
Asia-Pacific markets trade mixed after Fed cut rates as expected
CNBC· 2025-09-18 00:13
Japan's benchmark Nikkei 225 rose nearly 0.6% at the open to a record high Thursday, led by gains in the real estate and technology sectors. The gains were led by chemical company Resonac Holdings, which jumped 10%, semiconductor manufacturer Screen Holdings, which added 4.5%, and industrial electronics manufacturer Tokyo Electron, which gained 3.9%.Other Asia-Pacific markets traded mixed after the Federal Reserve lowered its benchmark rate as expected on Wednesday, with Fed Chairman Jerome Powell framing t ...
DOW INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Dow Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
Prnewswire· 2025-09-17 22:02
Accessibility StatementSkip Navigation SAN DIEGO, Sept. 17, 2025 /PRNewswire/ --Â Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Dow Inc. (NYSE: DOW) securities between January 30, 2025 and July 23, 2025, both dates inclusive (the "Class Period"), have until Tuesday, October 28, 2025 to seek appointment as lead plaintiff of the Dow class action lawsuit. Captioned Sarti v. Dow Inc., No. 25-cv-12744 (E.D. Mich.), the Dow class action lawsuit charges Dow, The Dow Chemical Company, a ...
Abu Dhabi’s XRG Walks Away From $19 Billion Santos Takeover
MINT· 2025-09-17 16:01
Core Viewpoint - Abu Dhabi National Oil Co. (Adnoc) has abandoned its $19 billion takeover bid for Australian natural gas producer Santos Ltd. due to disagreements over key terms, marking a significant retreat in its international expansion efforts [1][2][3]. Company Developments - The decision by Adnoc's XRG unit to withdraw from the Santos bid was influenced by a "combination of factors," primarily commercial disagreements regarding valuation and tax implications [2][3]. - XRG, launched to invest Abu Dhabi's capital in international markets, aimed to diversify the emirate's portfolio away from crude oil, but the failure to acquire Santos may hinder its M&A ambitions [3][12]. - Santos had previously received a proposal of $5.76 per share, which represented a 28% premium over its stock price at the time, but investor skepticism about the consortium's ability to finalize the deal was evident as shares remained below the offer price [4][5]. Market Reactions - Following the announcement of the failed bid, Santos' American depositary receipts fell by as much as 9.5% to $4.69, raising questions about the company's valuation and potential undisclosed issues [6]. Regulatory and Competitive Landscape - Adnoc's pursuit of Santos was not the first attempt, as Santos' CEO has previously rejected multiple offers from other companies, indicating a strong commitment to increasing output by 50% by the end of the decade [8][10]. - There has been opposition in Australia against foreign acquisitions, with labor unions urging the government to keep Santos under local ownership [10]. Future Outlook - Despite the setback with Santos, Adnoc and XRG remain committed to pursuing M&A opportunities, with plans to invest in gas-producing assets in the US and energy services for data centers [12][13].
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]