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How the Hedged Class of a Japan Fund Result in a 500% Outperformance Over a Non-Hedge One.
Investment Moats· 2026-03-11 00:46
Group 1 - The article discusses concerns about the potential decline of the USD and its implications for investments, particularly in the context of de-dollarization and currency hedging strategies [3][30]. - It highlights the performance comparison between unhedged and hedged equity funds, specifically focusing on the iShares MSCI Japan ETF (EWJ) and the WisdomTree Japan Hedged Equity ETF (DXJ) [8][12]. - The article emphasizes the importance of understanding the difference between being denominated in a currency versus being hedged against currency fluctuations, which can significantly impact investment performance [15][18]. Group 2 - The performance of DXJ has been notably superior to EWJ, with DXJ achieving a 453% return compared to EWJ's 107% since DXJ's inception in 2006, illustrating the benefits of currency hedging in a depreciating currency environment [20]. - The article notes that the Japanese Yen has experienced significant volatility, with a 56% appreciation against the USD from 2006 to 2012, followed by a decline, which affects the performance of both hedged and unhedged funds [24][25]. - It suggests that investors should consider the underlying methodology of funds, as DXJ is designed to favor companies that benefit from a weaker yen, while EWJ is more general in its approach [28].
VinFast hires seasoned auto executives to accelerate India expansion
MINT· 2026-03-11 00:15
Core Insights - The company has recruited over half a dozen senior leaders and executives from established automotive firms such as Hyundai, Honda, Nissan, Renault, BMW, and MG Motor in the past eight months [1] - The company's strategy is aligned with the operational scaling methods of established foreign manufacturers in the automobile market [1]
【早报】国家互联网应急中心提示“龙虾”风险;上交所发声!事关支持科技创新和新质生产力发展
财联社· 2026-03-10 23:33
早 报 精 选 4、沙特、阿联酋、伊拉克和科威特据悉削减至多670万桶/天的原油产量。 5、上交所:研究储备一批支持科技创新和新质生产力发展的政策措施。 宏 观 新 闻 1、十四届全国人大四次会议解放军和武警部队代表团新闻发言人张晓刚接受媒体采访。张晓刚表示,2026年全国一般公共预算安排 国防支出1.94万亿元,比上年执行数增长6.9%,其中:中央本级支出1.91万亿元,比上年执行数增长7%。 2、外交部发言人郭嘉昆昨日主持例行记者会。记者提问,中方是否考虑要求美国停止战争并恢复对话?郭嘉昆表示,中国政府中东 问题特使翟隽正在中东地区穿梭访问。战事延宕、冲突升级不符合任何一方的利益,中方将继续同包括冲突当事方在内的有关各方保 持沟通、加强斡旋、凝聚共识,推动局势缓和降温。 3、外交部发言人郭嘉昆昨日主持例行记者会。记者提问,若霍尔木兹海峡被封锁,中方将采取什么举措?郭嘉昆说,霍尔木兹海峡 及其附近水域是重要的国际货物和能源贸易的通道,维护这一地区的安全稳定符合国际社会各方面的共同利益。 6、合肥高新区日前正式发布《合肥高新区打造人工智能OPC创业生态示范区行动计划(征求意见稿)》,推出15条硬核举措,全方 ...
外媒:比亚迪探索进军F1,优先考虑收购现有车队
Feng Huang Wang· 2026-03-10 23:02
凤凰网科技讯3月11日,比亚迪(002594)正探索进军世界一级方程式锦标赛(F1),这是该企业首次布 局顶级汽车赛事,此举核心为提升海外市场品牌认知度,目前相关入局决策尚未最终确定。据彭博社报 道,比亚迪正考量两种F1入局路径,且已明确优先选择收购现有车队的方式,而非从零组建全新车 队。 2026年F1赛季实施了全新的动力单元规则,核心调整为大幅提升混动传动系统的电动化部件占比,全 新的MGU-K系统可为后轮输出350千瓦功率,较此前的120千瓦实现大幅提升,电动马达的动力输出占 比已达到动力单元总输出的约50%,同时赛事全面启用先进的可持续燃料。这一规则调整与比亚迪的核 心技术优势高度契合,比亚迪可自主研发生产电池、电机及电力电子器件,F1相关的研发工作能与其 新能源汽车核心业务形成更强的技术关联性。 比亚迪此前已展现出在高性能车型领域的研发实力,其推出的电动超跑仰望U9在赛道测试中时速达到 472公里,最大功率接近3000马力;同时比亚迪在2025年还在中国建成并开放了自有全地形赛车场,持 续释放出布局赛车领域的明确信号。 国际汽车联合会(FIA)主席穆罕默德.本.苏拉耶姆明确表达了对中国车企入局F1的 ...
X @TechCrunch
TechCrunch· 2026-03-10 21:33
After disappearing for a few years, the Chevy Bolt is back.It's like the McRib of cars: gone for a while, now back for a limited run...but with a new battery, faster charging, and a familiar price tag.@tdechant has the review here: https://t.co/mqzI0Os5Ry https://t.co/eXQ2wKXIlz ...
Ford launches new AI to grow multibillion-dollar Pro commercial business
CNBC· 2026-03-10 21:30
DETROIT — Ford Motor is launching a new artificial intelligence system for its Pro commercial vehicle business as it tries to grow the unit's profits and software revenue.The Detroit automaker on Tuesday said the new "Ford Pro AI" can monitor and analyze more than 1 billion data points daily from connected commercial vehicles — from seatbelt use to vehicle health, route optimization and fuel consumption.  The goal is to equip its 840,000 paid commercial subscribers with tools to increase efficiency and prof ...
Lotus Tech Launches Pre-Sales for LOTUS For Me in China
Globenewswire· 2026-03-10 21:00
NEW YORK, March 10, 2026 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (“Lotus Tech” or the “Company“) (Nasdaq: LOT), a leading global intelligent and luxury mobility provider, today announced the official commencement of pre-sales for LOTUS For Me, its hyper-SUV, in the Chinese market. The new model is available in two variants with pre-sale prices starting at Rmb528,000 (approximately USD $76,800) and Rmb588,000 (approximately USD $85,500), respectively. During the launch event, Mr. Feng Qingfeng, CEO of Lotu ...
Tesla Turns To Facebook, YouTube For Advertising: Good News For Investors Or Worrying Sign?
Benzinga· 2026-03-10 20:50
Tesla Turns to Social MediaUsers on social media, as reported by Teslarati, have spotted advertising for Tesla's FSD on Facebook. FSD, or full self-driving, is one of the company's key growth items for the future and also a key component of Musk's nearly $1 trillion pay package.As reported by Teslarati, the FSD ads on Facebook come ahead of the March 31 deadline for FSD transfer eligibility for new vehicles.On YouTube, which is owned by Alphabet Inc (NASDAQ:GOOGL) , advertisements for Tesla Energy have been ...
Oracle Earnings Beat Leads to After-Hours Surge | Closing Bell
Youtube· 2026-03-10 20:31
Market Overview - The trading day ended with major indices mostly unchanged, with the Dow Jones Industrial Average down about 34 points (less than 0.1%), the S&P 500 down about 14 points (0.2%), and the Nasdaq composite slightly up by about 1 point [7][8]. - The overall market sentiment was negative, with 356 S&P 500 names losing ground compared to 147 gaining [8]. Sector Performance - Only two sectors were in the green, while nine sectors were in the red, mirroring the previous day's performance [9]. - Communication services rose by about 0.3%, while energy fell by about 1.3% [9]. Notable Gainers - Vertex Pharmaceuticals saw a significant increase of over 8%, attributed to positive late-stage trial results for a kidney disorder drug, which could potentially generate about $5 billion in sales if approved [10][11]. - Sienna, a communications equipment company, gained about 6% following analysts raising price targets by an average of 24% after its earnings report [12][13]. - Rivian's stock rose more than 4% after an upgrade from TD Cowan, with a new price target set at $20 [14]. Notable Decliners - Boeing's shares dropped more than 3% due to a wiring flaw found on its 737 Max, which will delay some deliveries [15][16]. - West Pharmaceutical Services experienced a decline of more than 5% after announcing the retirement of its long-term CEO [17]. - Centene's shares fell about 16% after the company projected a 35% decline in ACA marketplace enrollment due to expired federal subsidies [18]. Oracle Earnings - Oracle reported adjusted revenue of approximately $17.19 billion, exceeding estimates of $16.89 billion, with cloud revenue up 44% to $8.9 billion [21][22]. - The company raised its total revenue guidance to about $90 billion, which is higher than previous expectations [27][30]. - Oracle's stock rose about 7% in after-hours trading following the earnings report, indicating positive investor sentiment [30].
X @Tesla
Tesla· 2026-03-10 20:05
For the second year in a row, our supply chain sustainability efforts were ranked #1 among 18 automakersWe’ll continue to reduce emissions & protect human rights in our supply chainsLeaderboard details below https://t.co/tebCS75HLj ...