SINGAPORE, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Davis Commodities Limited (“Davis Commodities” or the “Company”), a leading global agricultural commodities trading firm listed on Nasdaq under the ticker “DTCK”, is enhancing its profitability and capital efficiency through the strategic deployment of artificial intelligence (“AI”) across its logistics and supply chain operations. This initiative is designed to improve gross margins, shorten cash conversion cycles and support scalable growth as the Company expan ...

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission take no responsibility for the contents of this Application Proof, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Application Proof. Application Proof of Hangzhou CIEC Group Co., Ltd.* 杭州熱聯集團股份有限公司 (the "Company") (A joint stoc ...

Core Viewpoint - Davis Commodities Limited has successfully approved a share consolidation proposal aimed at increasing share price and enhancing market credibility [1][4]. Group 1: Share Consolidation Details - The share consolidation will occur at a ratio of 20-for-1, effective immediately following the board's resolution on February 5, 2026 [2]. - Trading of the consolidated shares on the Nasdaq Capital Market is expected to commence on or about February 16, 2026, pending confirmation and procedural completion [2]. - The board is authorized to manage any fractional entitlements resulting from the consolidation, including issuing additional shares if necessary [2][3]. Group 2: Voting Results - The proposal received strong support, with Class A shareholders casting 121,876 votes in favor and Class B shareholders casting 495,449,430 votes in favor, resulting in a total of 495,571,306 votes for the resolution [4]. - The resolution passed with 97.91% approval from the total 506,305,124 votes attached to the Company's issued shares [4]. Group 3: Company Overview - Davis Commodities Limited is an agricultural commodity trading company based in Singapore, specializing in sugar, rice, and oil and fat products [5]. - The Company operates under two main brands, Maxwill and Taffy, and provides complementary services such as warehouse handling and logistics [5]. - It has a global network of third-party suppliers and logistics providers, distributing products to over 20 countries [5].

CNBC’s Jim Cramer took to social media on Monday to explain a counterintuitive slump in the stock market, attributing the decline in S&P 500 futures to a massive liquidation event in the precious metals sector. The Mechanics Of The Sell-Off According to the “Mad Money” host, the downward pressure on equities is not a reflection of poor corporate health but rather a “non-stock related sell-off” triggered by over-leveraged commodity traders. Cramer noted that investors who used borrowed capital to bet on g ...

Group 1 - Jim Wyckoff has over 25 years of experience in stock, financial, and commodity markets, including roles as a financial journalist and reporter on commodity futures trading floors in Chicago and New York [1] - He has covered every futures market traded in the U.S. at various times throughout his career [1] - Jim is the owner of the "Jim Wyckoff on the Markets" analytical, educational, and trading advisory service [2] Group 2 - He has worked as a technical analyst for Dow Jones Newswires and as a senior market analyst with TraderPlanet.com [2] - Jim is also a consultant for the "Pro Farmer" agricultural advisory service and was the head equities analyst at CapitalistEdge.com [2] - He holds a degree in journalism and economics from Iowa State University [2] Group 3 - Daily updates and analyses are provided by Jim on Kitco.com, including AM and PM roundups and a daily Technical Special [3]

CNBC’s Jim Cramer took to social media on Monday to explain a counterintuitive slump in the stock market, attributing the decline in S&P 500 futures to a massive liquidation event in the precious metals sector.The Mechanics Of The Sell-OffAccording to the “Mad Money” host, the downward pressure on equities is not a reflection of poor corporate health but rather a “non-stock related sell-off” triggered by over-leveraged commodity traders.Cramer noted that investors who used borrowed capital to bet on gold an ...

Core Viewpoint - Manara Minerals, a joint venture between the Public Investment Fund (PIF) and Maaden, is exploring potential partnerships with major global commodity trading firms to enhance its trading activities and strengthen Saudi Arabia's position in global metals supply chains [2][3]. Group 1: Partnership Discussions - Manara is in talks with leading traders such as Glencore Plc and Mercuria Energy Group Ltd. to explore a potential partnership [3]. - The discussions include options for establishing a formal joint trading venture, entering into an agency agreement for logistics support, or cooperating on a deal-by-deal basis [3]. - Manara has reached out to over a dozen trading houses, including Javelin Global Commodities, Ocean Partners Holdings, and Trafigura Group, indicating a broad interest in expanding its trading network [4]. Group 2: Strategic Acquisitions - In 2023, Manara acquired a $2.6 billion stake in Vale SA's base metals unit, which includes offtake volumes of copper and nickel [5]. - The establishment of a trading joint venture could enable Manara to extract greater value from these supplies and secure additional raw materials for Saudi Arabia and Maaden [5].

Core Insights - The financial landscape in early 2026 has shifted from digital growth to a focus on physical assets, with commodities being the primary beneficiaries as the U.S. dollar declines to levels not seen since the early pandemic era [1] Group 1: Commodity Market Dynamics - The commodity market has historically posed challenges for do-it-yourself investors due to complex tax structures, particularly the K-1 partnership form, which can lead to late filings and increased accounting fees [2] - The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) addresses these issues by utilizing a C-Corp structure that allows for broad commodity exposure while issuing a standard 1099 form, simplifying ownership [3] Group 2: PDBC Performance and Portfolio - PDBC is currently near multi-year highs, with a year-to-date gain of over 6% as of late January 2026, building on strong performance from 2025, and is projected to rise further towards $17 [4] - PDBC's portfolio includes a diverse range of heavily traded commodities, with energy and industrial metals driving performance due to high demand from sectors like artificial intelligence and global electrification [5] - The ETF has increased its holdings in gold and silver, which now make up 16% of its total assets, reflecting ongoing interest in these precious metals amid market conditions [6]

Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York. As a journalist, he has covered every futures market traded in the U.S., at one time or another. Jim is the proprietor of the "Jim Wyckoff on the Markets" analytical, educational and trading advisory service. Jim also worked as a ...

Group 1 - COMEX silver is currently trading above $93.11, with an opening price of $90.61 per ounce and a current price of $93.35, reflecting a 3.79% increase [1] - The highest price reached today was $94.36, while the lowest was $90.50, indicating a bullish short-term trend for COMEX silver [1] Group 2 - March silver futures show a clear advantage for bulls, with the next upward price target being a closing price above the strong technical resistance level of $100.00 [3] - The next downward price target for bears is a closing price below the strong support level of $80.00, with the first resistance level at the overnight historical high of $93.70 and the next at $94.00 [3] - The next support levels are at Thursday's low of $86.125 and then at $85.00 [3]