Xinyi Solar Hldgs 株価情報 (OTC: XISHY)

最新ニュース Xinyi Solar Hldgs (OTC:XISHY) 株価情報

Xinyi Solar Holdings Ltd is an investment holding company. Its activities consist of the production and sale of solar glass products, the development and operation of solar farms, and the provision of engineering, procurement, and construction (EPC) services. The company's segments include sales of solar glass; solar farm business which includes solar farm development and solar power generation; and EPC services. It derives revenue from two core business segments, namely the sale and manufacturing of solar glass and solar farm business. Its operations are held in the People's Republic of China and Other countries.

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「新エネルギー、2024年上半期の純利益は25％から35％減少」と発表リー・シー・タ氏中国は、世界屈指の再生可能エネルギー生産国であるため、新たな太陽光発電所を猛スピードで建設してきた。しかし、急激な太陽光発電所の増設により、中国の多くの太陽光発電所が過剰供給に苦しんでいるとも言われている。

太陽エネルギー生産国である中国　エネルギー問題に直面

XINYI SOLAR HLDG UNSP/ADR by Xinyi Solar Holdings Limited

Xinyi Solar Holdings Ltd

In 2014, during an interview with Charlie Rose at the TED Conference, Google cofounder Larry Page made headlines with an unusual revelation. Page didn't point to traditional charitable foundations or heirs when asked about his thoughts on legacy and philanthropy. Instead, he floated the idea of leaving his wealth to <a href="https://www.benzinga.com/real-estate/24/05/38942636/elon-musk-reportedly-bought-a-secret-mansion-shortly-after-selling-all-his-possessions-and-publicly">Elon Musk</a>, the tech visionary behind Tesla and SpaceX.
Page's reasoning? Musk's <a href="https://www.benzinga.com/personal-finance/24/09/40778284/elon-musk-says-almost-anyone-can-afford-a-trip-to-mars-at-100-000-to-500-000-even-if-it-means-se">bold mission to colonize Mars</a> and "back up humanity." In the interview, Rose referenced past comments Page had made about this idea, asking for clarification.&nbsp;
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According to the transcript on the Charlie Rose site, Rose said: "You once said – actually, I think I've got this about right – that you might consider, rather than giving your money to a cause, simply giving it to Elon Musk because you had confidence he would change the future."
Larry Page replied: "He actually wanted to go to Mars – he wants to go to Mars to back up humanity." He elaborated, "It's a company and it's philanthropical. So I think, you know, we aim to do kind of similar things."
Page then shifted focus to Google's culture of innovation, adding, "We have a lot of employees at Google who've become pretty wealthy … A lot of people in there are pretty wealthy. You're working because you want to change the world and you want to make it better. So why isn't the company they work for worthy not just of your time, but your money as well?"
For Page, Musk's ambitious goals aligned with his belief that companies, when run effectively, could drive revolutionary change. He elaborated, saying, "Lots of companies don't succeed over time. They usually miss the future … I try to focus on that: What is the future really going to be? And how do we create it?"
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Page and Musk once shared a close friendship. Musk frequently <a href="https://www.benzinga.com/personal-finance/24/03/37923084/elon-musk-used-to-email-ex-google-ceo-larry-page-when-he-was-kind-of-homeless-and-ask-can-i-come">stayed at Page's house</a> during visits to Silicon Valley and their shared passion for pushing technological boundaries made them natural allies. Their camaraderie landed them on Fortune's 2016 list of "Business Leaders You Didn't Know Were BFFs."&nbsp;
Musk even <a href="https://www.benzinga.com/general/24/02/36953481/elon-musk-almost-sold-tesla-to-google-for-11-billion-but-he-called-the-deal-off-when-he-no-longer-ne">attempted to sell Tesla to Google</a> for $11 billion, according to Ashlee Vance&#8217;s biography, &#8220;Elon Musk: Tesla, SpaceX and the Quest for a Fantastic Future.&#8221; The two friends actually both agreed to the deal via handshake, but called it off once Tesla "no longer needed a savior."
However, their relationship reportedly soured around 2013. Musk's growing concerns about the dangers of artificial intelligence clashed with Page's more optimistic outlook. At Musk's birthday party that year, the two had a heated debate about AI. Page allegedly called Musk a "speciesist" for prioritizing human interests over other forms of intelligence.
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The tension grew after Musk cofounded OpenAI, a nonprofit <a href="https://www.benzinga.com/general/24/04/38073344/mark-cuban-predicts-worlds-first-trillionaire-wont-be-musk-or-bezos-itll-be-someone-who-masters-ai-a">ensuring AI safety</a>, which was seen as a direct challenge to Google, which had acquired DeepMind, a leading AI company. Musk even tried to dissuade DeepMind's CEO from selling to Google, further straining their relationship.
But despite their falling out, Musk has recently desired to mend fences. In a 2023 podcast with Lex Fridman, Musk said, "I would like to be friends again with Larry. I haven't seen him in ages. We were friends for a very long time." However, he acknowledged that Page might not feel the same, noting, "He doesn't want to talk to me anymore."
Larry Page's 2014 remarks about leaving his fortune to Elon Musk reflect his belief that revolutionary change outweighs incremental progress. While the future of their friendship remains uncertain, both Page and Musk continue to be key players in shaping the future of technology – and maybe even humanity.
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News

Larry Page, Google Co-Founder, Said He'd Leave His Fortune To Elon Musk Over Charity Because Of His Plans 'To Go To Mars To Back Up Humanity'

Georgia election workers Ruby Freeman and Wandrea &#8220;Shaye&#8221; Moss have filed a motion in federal court demanding that Rudy Giuliani be held in civil contempt for <a target="_blank" href="https://www.benzinga.com/news/24/08/40666864/rudy-giulianis-legal-troubles-deepen-former-georgia-election-workers-seek-to-seize-assets" rel="noreferrer noopener">continuing to spread false claims about them</a>.
This request, submitted Wednesday, stems from Giuliani&#8217;s ongoing defamation despite a prior injunction forbidding him from making such statements, Forbes <a target="_blank" href="https://www.forbes.com/sites/alisondurkee/2024/11/20/georgia-election-workers-want-giuliani-sanctioned-for-defaming-them-again/" rel="noreferrer noopener">reports</a>.
A federal judge has ordered Giuliani to respond by December 2, with a hearing set for December 12.
On Thursday, Rudy Giuliani challenged the judge&#8217;s ruling from last month, which required him to hand over most of his assets to the two Georgia election workers, per a news <a href="https://thehill.com/video/giuliani-appeals-decision-ordering-him-to-turn-over-assets-to-election-workers/10242068/" target="_blank" rel="noreferrer noopener">report</a> by The Hill.
In May, Giuliani agreed to stop making false allegations related to the <a target="_blank" href="https://www.benzinga.com/personal-finance/24/08/40165381/rudy-giulianis-bankruptcy-case-was-tossed-out-he-owes-152-million-and-lawyer-says-hell-join-rank" rel="noreferrer noopener">2020 election and its results</a>.
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Now, the election workers are seeking sanctions against Giuliani after he failed to honor the terms of this agreement, continuing to falsely accuse Freeman and Moss of wrongdoing, including baselessly claiming that they had &#8220;quadruple counted&#8221; ballots—a claim for which there is no evidence,
Giuliani allegedly doubled down on his false claims during his online show last week, defiantly shrugging off the threat of another lawsuit. He declared, &#8220;What am I going to do but tell the truth?&#8221; Forbes writes, quoting Giuliani.
These statements directly violate the court order he had previously agreed to.
As a result of Giuliani&#8217;s defamation, he was ordered to pay Freeman and Moss $148 million.
However, after declaring bankruptcy, he has been forced to begin turning over his assets to satisfy the judgment, including his car and New York City apartment.
Freeman and Moss are now asking the court to enforce penalties on Giuliani, potentially including further damages.
Giuliani&#8217;s spokesperson, Ted Goodman, has called the motion an attack on Giuliani&#8217;s First Amendment rights, insisting that he should be able to defend himself, Forbes adds.
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Politics

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<a href="https://www.benzinga.com/topic/warren-buffett">Warren Buffett</a>, the Oracle of Omaha, is at it again. He's proved he knows how to spot a great opportunity when he sees one. In his latest move, Buffett&#8217;s Berkshire Hathaway invested heavily in two surprising yet strategic companies. What are they? None other than Domino&#8217;s Pizza and Pool Corp.
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According to a <a href="https://www.sec.gov/Archives/edgar/data/1067983/000095012324011775/xslForm13F_X02/primary_doc.xml">recent filing with the Securities and Exchange Commission</a>, reported by TheStreet, Berkshire snapped up 1.28 million shares of Domino&#8217;s, which were valued at $550 million as of the end of the third quarter. The holding company also bought over 400,000 shares of Pool Corp., the largest distributor of swimming pool equipment and supplies in the U.S.
Both companies&#8217; shares jumped on the news as investors followed Buffett&#8217;s lead. Domino&#8217;s stock has risen 8.5% year-to-date and 20% over the past year. Pool Corp., though down 9% year-to-date, has seen a modest 3.5% annual increase.
Buffett has long <a href="https://www.benzinga.com/startups/24/11/42011977/99-billion-bet-warren-buffett-invests-heavily-in-2-stocks-expected-to-jump-19-and-20-wall-street-analysts-predict">extolled the value of brands</a> as economic moats. That means they defend a company's market position from competitors. "A strong brand is potent stuff," Buffett famously said. Domino's and Pool Corp. both exemplify this.
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Domino&#8217;s has built an empire around its efficient delivery model and recognizable branding. It's the largest pizza chain in the U.S. for a reason. Despite missing revenue expectations in its third-quarter earnings, the company beat Wall Street&#8217;s forecasts for profitability and continues to show resilience. Analysts, such as those at Loop Capital, recently upgraded the stock. They see signs of accelerating same-store sales.
Pool Corp., on the other hand, benefits from its dominant market share in a niche yet essential industry. Even as discretionary spending on pool construction dips, the company continues seeing high demand for maintenance products, which drives its consistent revenues. Oppenheimer recently raised its price target for Pool Corp. after its quarterly earnings beat estimates.
"He doesn't invest – take a swing of the bat – unless the opportunity appears unbelievably good," Microsoft cofounder Bill Gates said of Buffett. These investments align perfectly with that approach. Domino&#8217;s and Pool Corp. demonstrate lasting appeal and consistent demand, which are key elements in Berkshire&#8217;s portfolio strategy.
The recent moves are classic Buffett, focusing on businesses with solid fundamentals and long-term growth potential. Whether it's pizza delivery or pool maintenance, Buffett has shown that even in the quirkiest corners of the market, there are &#8220;unbelievably good&#8221; opportunities.
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Why Warren Buffett Bought A $550 Million Stake In 'Unbelievably Good' Opportunities Domino's And Pool Corp

Investor and author Robert Kiyosaki has criticized the U.S. Federal Reserve and commended Michael Saylor, co-founder and executive chairman of MicroStrategy Inc. for his aggressive <a href="https://www.benzinga.com/news/24/09/40869188/robert-kiyosaki-rings-alarm-bells-over-soaring-us-debt-the-dollar-is-trash">Bitcoin acquisition strategy</a>.
What Happened: Kiyosaki, known for his pro-cryptocurrency stance, took to social media X to voice his skepticism about the Fed's policies and inflation management. 
He labeled the central bank&#8217;s decisions as detrimental to the economy and suggested that Saylor&#8217;s Bitcoin strategy offers a viable hedge against these issues.
"Michael Saylor's bold Bitcoin purchasing strategy is not just investment; it's a fight against the Fed's reckless policies," Kiyosaki wrote in the post. 
The author has long been an advocate for Bitcoin and other alternative assets, frequently advising followers to invest in assets like gold, silver, and cryptocurrencies to protect themselves from what he sees as the erosion of purchasing power.
Saylor's MicroStrategy is recognized as one of the largest institutional Bitcoin holders, having spent billions acquiring the cryptocurrency. Saylor maintains that Bitcoin is the ultimate store of value in a world grappling with rising inflation and economic uncertainty.
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In his post Kiyosaki also praised President-elect Donald Trump and his position on Bitcoin. Kiyosaki highlighted his work with Trump and shared his belief that Trump could become the first "Bitcoin President," a reflection of Trump's supportive attitude toward cryptocurrency.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">BIG MOUTH no BALLS: Why dooes a certain loudmouth who sells gold…criticize MICHAEL SAYLOR for using his company MICROSTRATEGY's treasury and credit to buy Billions in BITCOIN….Making himself, his company, and investors like me….RICHER….buying billions in BITCOIN. Would Mr.…
&mdash; Robert Kiyosaki (@theRealKiyosaki) <a href="https://twitter.com/theRealKiyosaki/status/1860158537936113938?ref_src=twsrc%5Etfw">November 23, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
He wrote, &#8220;Let's make America and the world richer again with Bitcoin.&#8221;
Kiyosaki continued to criticize fiat currencies, describing them as tools of government control. 
Why It Matters: His statements reflect a broader sentiment within the crypto community that views Bitcoin as a decentralized alternative to traditional financial systems.
The debate over Bitcoin as a safeguard against inflation has intensified as governments worldwide grapple with economic challenges. Both Kiyosaki and Saylor remain prominent figures in this discourse, influencing retail and institutional investors alike.
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image: Shutterstock

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Robert Kiyosaki: 'Trump Will Make America Richer Again By Being The First Bitcoin President'

These mid-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Lemonade, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMND#NYSE">LMND</a>) shares jumped 47.99% after the company&#8217;s Investor Day event. Several analysts raised <a href="https://www.benzinga.com/quote/lmnd/analyst-ratings" target="_blank" rel="noreferrer noopener">the price forecast on the stock</a>.</li>
<li>Archer Aviation Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>) shares escalated 46.96%.&nbsp;Needham analyst&nbsp;initiated coverage&nbsp;on Archer Aviation with a Buy rating and <a href="https://www.benzinga.com/quote/achr/analyst-ratings" target="_blank" rel="noreferrer noopener">a price target of&nbsp;$11</a>.</li>
<li>C3.ai, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AI#NYSE">AI</a>) stock zoomed 43.98% after the company announced a strategic alliance with Microsoft Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)&nbsp;and expanded <a href="https://www.benzinga.com//node/42095812" target="_blank" rel="noreferrer noopener">its partnership&nbsp;with&nbsp;</a><a href="https://www.benzinga.com//node/42095812" target="_blank" rel="noreferrer noopener">Capgemini</a>.</li>
<li>Oklo Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>) stock rocketed 40%. The stock may have gained in response to its acquisition target Atomic Alchemy which signed an MOU with Zeno Power to provide fuel for commercial radioisotope power systems.</li>
<li>Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) stock increased 36.24%.</li>
<li>Unity Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>) shares rose 35.70%.</li>
<li>Nebius Group N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBIS#NASDAQ">NBIS</a>) shares were up 33.47% &nbsp;after the company announced an expansion to its AI infrastructure in the U.S. with the Kansas City GPU <a href="https://www.benzinga.com//node/42059918" target="_blank" rel="noreferrer noopener">cluster and three new offices</a>.</li>
<li>NuScale Power Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>) stock surged 31.29%.</li>
<li>Hims &amp; Hers Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NYSE">HIMS</a>) shares jumped 31.11%. The company launched meal replacement bars and shakes to enhance <a href="https://www.benzinga.com//node/42118299" target="_blank" rel="noreferrer noopener">personalized weight loss plans</a>.</li>
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<li><a href="https://www.benzinga.com/news/large-cap/24/11/42154355/super-micro-computer-snowflake-and-microstrategy-are-among-top-10-large-cap-gainers-last-week-nov-18-nov-22-are-the-others-in-your-portfolio">Super Micro Computer, Snowflake And MicroStrategy Are Among Top 10 Large-Cap Gainers Last Week (Nov 18-Nov 22): Are The Others In Your Portfolio?</a></li>
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Applied Digital And Hims & Hers Health Are Among Top 9 Mid-Cap Gainers Last Week (Nov 18-Nov 22): Are The Others In Your Portfolio?

The TON Society acts as the primary organization driving support for the TON community, dedicated to providing developers, builders, and enthusiasts with the resources and opportunities needed to foster collaboration and growth within the ecosystem.
At a recent event, TON announced several significant updates, including improvements to Telegram's applications and the launch of Society DAO, a governance initiative introduced by the TON Foundation.
Benzinga recently caught up with Jack Booth, co-founder of the TON Society, to discuss the organization's efforts to amplify community goals, initiatives like the Open League, Hackers League bootcamps, and more. Here's an excerpt of the conversation.
What makes Telegram uniquely effective for onboarding new users to crypto?
The massive user base, for one. And the ability to create a Telegram mini app for two. So, Telegram mini-apps open in one tab from a Telegram channel. And that provides a totally unique experience because you don&#8217;t need to download a new app.
You normally don&#8217;t need to go through a registration process even to get started. And that is like a 10x better experience than having to go through like, you know, before you&#8217;d start using a crypto application, go through KYC, fund the account, send money from your bank account. Normally most projects on TON are free to get started, free to start using. And so that means it&#8217;s very easy to understand and begin to learn about the crypto application.
How does TON Society support and amplify the TON community's goals?
We are responsible for community engagement. So, our main metric is reach on the community&#8217;s projects and activities as well as getting people to engage in what the ecosystem is up to. So as part of that, we run all of the community channels. So, we see ourselves as almost as an ecosystem journalist reporting on the main stories of the ecosystem as they happen and also running all of the events.
We also run Hackers League as well, which is a more developer-focused event series. We&#8217;re doing this concurrently, so it&#8217;s just a crazy amount of work that we&#8217;ve put into this event plus the boot camps, 20 boot camps we&#8217;ve run over six weeks, each of them three days long over a weekend.
So, starting mid-October until mid-November, we&#8217;ve got these 20 boot camps happening all over the world. And it&#8217;s all in a way of bringing the community together to connect, help them understand how to build their projects, help them get in touch with core members who can help them reach the right people, get the right funding, get access to the right resources. And so, we provide a very important role, I believe, in the ecosystem.
Could you share more about the Open League and how it incentivizes community engagement?
The Open League is a competition between projects where the Open League this season will actually pay airdrops to the users of the projects. And in that way, that pushes people to go, oh, you know what, I want to participate in the Open League. And because we make it a big structure that all projects in the TON ecosystem can plug into, now everyone in the TON community knows about it. They know how to get involved, and there&#8217;s incentives involved. So now we&#8217;re incentivizing people to not only just get involved in the projects, but also to share those projects, to post about them.
It&#8217;s like a flywheel effect of like, projects come in, then they go into the Open League, then they get users, then those users get paid, then those users bring other users in. And so, it&#8217;s like a nice kind of flywheel effect, bringing more people in. In a competitive way, where we&#8217;re not like specifically supporting particular tokens over other tokens. It&#8217;s all fair and transparent.
What is the purpose of The Hackers League bootcamps, and what impact have they had globally?
The purpose is to get people from pitch stage all the way to prize-winning and hopefully fully funded VC-funded startup. This year, we closed $2.1 million of committed capital from different VCs, Mexi Ventures, KUKON Ventures, Gate Ventures, Kinetic Capital, TON Ventures. So, the idea is really to provide a platform that can actually deliver on that promise. You come with a pitch, you meet a load of community members in your boot camp, you do your pitch at the end of the boot camp, and then you apply with that pitch to the hackathon, and then your application gets reviewed and provided to all of these VCs who can then say if you win or not.
So, it&#8217;s a really proven model, like we did in the summer. It was fantastic. We got 1,000 applicants to the hackathon. The Hackers League is like an offline element, which is the three-day boot camps, and then the online hackathon, which all of the applications feed into. So, the one in the summer was 14 of those people from the boot camp actually became winners of the hackathon.
And now they are building projects on TON today.
Are there particular regions or demographics TON Society is focusing on to drive adoption?
Yes, the super app regions. So anywhere where there&#8217;s already an existing super app, we found to be very receptive to the vision of TON. Because they already use super apps.
They have super apps in their lives. There are also a lot of developers that are already building super app applications that are familiar with that type of experience of building within another app. And so, it just makes sense to focus there, where those people have already developed use cases and use, use cases that are valuable for them. So yeah, those are the places. Southeast Asia, CIS, Eastern Europe.
What key metrics or milestones does TON Society use to assess the success of initiatives like The Open League and Hackers League?
Well, there&#8217;s a big variation in different things. Like Open League is based on users, like acquiring new users into TON blockchains and activate wallets. Hackers League is based on applicants to the hackathon.
Generally, TON society is responsible for reach for all of the ecosystem. So, we want to provide different platforms that all the projects can plug into. They get them reach, get them discovered, get people seeing them.
Are there any upcoming programs or initiatives TON Society is planning to support TON's growth?
Yes, there is the TON Teleport launch. So, TON Teleport is a decentralized Bitcoin bridge. It uses the validators of TON network to actually secure the third-party keys.
And so, no one has access to the keys. And it&#8217;s a very secure bridge, extremely secure bridge to take Bitcoin over to TON and mint a wrapped asset called, we&#8217;re calling TG Bitcoin, Bitcoin in Telegram. There&#8217;s going to be a big testing period and then we&#8217;ll launch sometime in Q1. So, with Society DAO, we want to build a way where the community can debate on whatever&#8217;s going on within the ecosystem.
And that would look like a platform that people can come, share their opinion, achieve consensus of community opinion. And when you achieve consensus of community opinion, that can be used to create proposals, on-chain blockchain proposals. In governance generally, there&#8217;s a lot of things that happens before you actually get to a Bill passed, right? A lot of debate in parliaments and Congress and all those types of stuff. In order to actually get to a Bill, it&#8217;s gone through 26 different steps in the case of the UK government. So, we don&#8217;t actually have that in blockchain in general because the debates are so mixed up. There&#8217;s no signal or the noise of what exactly is the community opinion. And so, we want to build a platform that allows us to find consensus in community opinion. And that&#8217;s what we&#8217;re working on.

Interview

We Want To Build Platform That Allows Us To Find Consensus In Community Opinion, Says TON's Jack Booth

As your clients inevitably ask about portfolio positioning for Trump&#8217;s second term, new insights from the Charles Schwab Impact 2024 conference offer crucial talking points for managing expectations and avoiding common investment pitfalls, <a href="https://www.investmentnews.com/rias/expecting-small-cap-or-energy-boom-from-trump-dont-be-so-sure/258316">InvestmentNews reports</a>.
&#8220;Be really careful about extrapolation around election narratives,&#8221; warns Liz Ann Sonders, Schwab&#8217;s chief investment strategist, providing advisors with a powerful historical example: While many professionals confidently steered clients toward energy stocks during Trump&#8217;s first term, expecting sector-wide gains, energy actually plummeted over 40%, significantly underperforming all other sectors.
For advisors fielding questions about small-cap allocations—particularly given recent market enthusiasm—Sonders recommends a more nuanced client discussion. Rather than broad small-cap exposure, consider explaining to clients the stark reality that approximately 40% of Russell 2000 companies are unprofitable. Instead, suggest more selective approaches, such as funds tracking the S&amp;P SmallCap 600 Index, which applies stricter quality criteria.
When discussing Trump&#8217;s proposed policies with clients, Schwab&#8217;s chief global investment strategist Jeff Kleintop suggests framing the proposed 26% tariff rate as a negotiating position rather than a certainty. However, advisors should prepare clients for potential inflationary impacts if significant tariffs are implemented.
Fixed income discussions require particular attention, according to Kathy Jones, Schwab&#8217;s chief fixed income strategist. Consider warning clients that proposed immigration policies could reduce the labor force by 8% or more, potentially driving up labor costs and inflation. This may lead to higher-than-expected terminal rates—possibly 3.5% to 4% rather than the previously anticipated 2.75%.
Bottom line for advisors: Help clients avoid making investment decisions based on political headlines. Instead, focus client conversations on fundamental economic factors, detailed market analysis, and their long-term financial plans. Remember that during Trump&#8217;s first term, it was broader economic conditions, not policy predictions, that ultimately drove market performance.
Consider scheduling portfolio reviews with clients now to address these concerns proactively and adjust strategies as needed.

Financial Advisors

Why Trump-Era Investment Planning Will Be Different Than Expected

These large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol start="1">
<li>Target Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) tumbled 17.83% after the company reported the third-quarter earnings miss, and analysts slashed the <a href="https://www.benzinga.com/node/42117500" target="_blank" rel="noreferrer noopener">price target on the stock</a>.</li>
<li>Temu parent PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) plummeted 12.22% after the company reported <a href="https://www.benzinga.com/node/42111158" target="_blank" rel="noreferrer noopener">worse-than-expected financial results</a>. Analysts cut <a href="https://www.benzinga.com/quote/pdd/analyst-ratings" target="_blank" rel="noreferrer noopener">the price forecast on the stock</a>.</li>
<li>ZTO Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTO#NYSE">ZTO</a>) stock fell 8.50% after the company reported third-quarter results and cut its FY24 <a href="https://www.benzinga.com/node/42076268" target="_blank" rel="noreferrer noopener">guidance for parcel volume</a>.</li>
<li>Tenet Healthcare Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THC#NYSE">THC</a>) stock dipped 7.54% after Raymond James downgraded the stock <a href="https://www.benzinga.com/quote/thc/analyst-ratings" target="_blank" rel="noreferrer noopener">from Strong Buy to Outperform</a>.</li>
<li>Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) fell 7.34% after Berkshire Hathaway <a href="https://www.benzinga.com/node/42013172">cut its position</a> in the stock.</li>
<li>Intuit Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTU#NASDAQ">INTU</a>) declined 6.94% after the company <a href="https://www.benzinga.com/node/42123997" target="_blank" rel="noreferrer noopener">reported second-quarter results</a>. Several analysts revised <a href="https://www.benzinga.com/quote/intu/analyst-ratings" target="_blank" rel="noreferrer noopener">the price forecasts on the stock</a>.</li>
<li>Nokia Corporation NYSE: NOK) stock decreased 6.28%. The company secured a multi-year, multi-billion USD contract extension <a href="https://www.benzinga.com/node/42089876" target="_blank" rel="noreferrer noopener">with </a><a href="https://www.benzinga.com/node/42089876" target="_blank" rel="noreferrer noopener">Bharti Airtel</a><a href="https://www.benzinga.com/node/42089876" target="_blank" rel="noreferrer noopener"> in India</a>.</li>
<li>Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) shares were down 6.16%. The company plans to issue U.S. dollars and Chinese yuan bonds to raise capital, repay existing debt, and support <a href="https://www.benzinga.com/node/42032495" target="_blank" rel="noreferrer noopener">an ongoing stock buyback initiative</a>.</li>
<li>Banco Santander (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAN#NYSE">SAN</a>) stock dipped 5.60%.</li>
<li>Incyte Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INCY#NASDAQ">INCY</a>) stock declined 5.47% after the company announced that data from its Phase 2 study evaluating MRGPRX4 (INCB000547) in cholestatic does not <a href="https://www.benzinga.com/node/42070590" target="_blank" rel="noreferrer noopener">support further development</a>.</li>
</ol>
Photo via Shutterstock

Large Cap

BABA

INCY

INTU

Citigourp Global Markets 2% Protected Notes Linked To The Djia

ULTA

Target, Alibaba And Temu Parent PDD Are Among Top 10 Large-Cap Losers Last Week (Nov 18-Nov 22): Are The Others In Your Portfolio?

These large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol start="1">
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) shares rocketed 78.42%. The company announced it submitted a<a href="https://www.benzinga.com/node/42111748" target="_blank" rel="noreferrer noopener"> compliance plan to Nasdaq</a>.</li>
<li>Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) stock jumped 32.93% after the company reported better-than-expected financial results for the third quarter and raised guidance. Several analysts raised price <a href="https://www.benzinga.com/node/42117057" target="_blank" rel="noreferrer noopener">targets following the print</a>.</li>
<li>Williams-Sonoma, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSM#NYSE">WSM</a>) stock escalated 31.63%  after the company reported better-than-expected third-quarter 2024 results, announced a new $1 billion buyback <a href="https://www.benzinga.com/node/42091624" target="_blank" rel="noreferrer noopener">program, and raised its outlook</a>. Analysts boosted <a href="https://www.benzinga.com/quote/wsm/analyst-ratings" target="_blank" rel="noreferrer noopener">the price target on the stock</a>.</li>
<li>Symbotic Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NASDAQ">SYM</a>) stock zoomed 31.52% after the company reported <a href="https://www.benzinga.com/node/42072077" target="_blank" rel="noreferrer noopener">better-than-expected financial results</a>.</li>
<li>Texas Pacific Land Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPL#NYSE">TPL</a>) stock rose 27.21%.</li>
<li>Amer Sports, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AS#NYSE">AS</a>) stock rose 25.71% after <a href="https://www.benzinga.com/node/42065028" target="_blank" rel="noreferrer noopener">reporting third-quarter results</a>. Multiple analysts raised <a href="https://www.benzinga.com/quote/as/analyst-ratings" target="_blank" rel="noreferrer noopener">their respective price targets</a>.</li>
<li>Elastic N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESTC#NYSE">ESTC</a>) shares upped 25.15% after the company reported second-quarter financial results and issued FY25<a href="https://www.benzinga.com/node/42123410" target="_blank" rel="noreferrer noopener"> guidance above estimates</a>. Several analysts boosted the price <a href="https://www.benzinga.com/quote/estc/analyst-ratings" target="_blank" rel="noreferrer noopener">target on the stock</a>.</li>
<li>MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) shares escalated 23.85%  after the company announced it completed its previously announced offering of its 0% <a href="https://www.benzinga.com/node/42138209" target="_blank" rel="noreferrer noopener">convertible senior notes due 2029</a>. </li>
<li>YPF Sociedad Anonima (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YPF#NYSE">YPF</a>) shares increased 23.59%, probably on continued strength after the nation received a credit upgrade from Fitch over the weekend.</li>
<li>Datadog, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>) stock gained 23.59% last week in sympathy with Snowflake, which reported better-than-expected <a href="https://www.benzinga.com/node/42117057">third-quarter results</a>.</li>
</ol>
Photo by JOCA_PH on Shutterstock

DDOG

ESTC

SMCI

SNOW

Super Micro Computer, Snowflake And MicroStrategy Are Among Top 10 Large-Cap Gainers Last Week (Nov 18-Nov 22): Are The Others In Your Portfolio?

The housing market continues its downturn as mortgage applications hit their lowest levels in three decades, according to data issued by the Mortgage Bankers Association (MBA).
Nick Gerli, CEO of Reventure Consulting, pointed to the reality on X, formerly Twitter, noting that current mortgage demand has fallen about 50% compared to pre-pandemic levels in 2019. For sellers, the latest figures are a bad sign as they head into winter, with purchase applications down 49.7% from 2019 levels and 55.2% below 2020 numbers.
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The downturn continues despite favorable conditions that typically boost market activity. Despite<a href="https://www.benzinga.com/economics/macro-economic-events/24/11/41820253/fed-cuts-interest-rates-to-lowest-since-february-2023-sticks-to-data-driven-path"> two Federal Reserve rate cuts – </a>one in September and another in early November – and the election&#8217;s conclusion, buyers remain hesitant to enter the market.
Behind the reluctance is historically poor homebuyer sentiment. The University of Michigan Sentiment Survey data showed that most Americans "believe that high interest rates are weighing down homebuying conditions."&nbsp;
According to Gerli, the core issue centers on housing prices. Current home valuations have reached unsustainable levels relative to inflation and income, exceeding the 2006 housing bubble peaks when adjusted for inflation. The disconnect between perceived value and listing prices drives potential buyers away.
&#8220;So buyers look for a home they think should be $350,000. And it costs $500,000,&#8221; Gerli said. &#8220;And they immediately give up. Because they know the home isn&#8217;t worth that amount.&#8221;
See Also: Invest in $20+ trillion home equity market today across cities like Austin, Miami, and Los Angeles through a <a href="https://www.benzinga.com/money/nada-cityfunds">unique 5-year term fund targeting a 14-20% IRR with minimums as low as $2,500</a>
Recent MBA data supports Gerli's assessment. While overall mortgage application volume showed a minimal 0.5% increase last week – the first rise in seven weeks – the average 30-year fixed-rate mortgage climbed to 6.86%, up from 6.81%. Refinancing applications dropped 2% to their lowest point since May despite being 43% higher than the previous year.
Joel Kan, MBA&#8217;s deputy chief economist, notes some bright spots in specific market segments. Applications for FHA and VA loans showed respective increases of 3% and 9%, with FHA rates notably declining against the broader trend.
The regional nature of the housing market <a href="https://www.benzinga.com/real-estate/24/10/41541572/purely-supply-demand-imbalance-5-u-s-cities-with-homes-still-under-300k">means some areas may fare better than others</a>. Gerli noted the variations in price forecasts for 2025, particularly between markets like Florida and New York.
For sellers hoping to move properties this winter, the message appears clear – price adjustments may be necessary to attract buyers in the current market environment. Market dynamics suggest a shift in buyer behavior outside of typical seasonal slowdowns, pointing to deeper structural challenges in the housing market that might require price corrections to resolve.
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Real Estate

Home Sellers, 'Start Cutting Prices Or It's Going To Be A Long Winter,' Says Reventure CEO

Top executives from the U.S. telecom industry and national security officials gathered at the White House to address concerns over a Chinese cyber-espionage campaign targeting high-ranking U.S. political figures.
What Happened: Chinese hackers managed to breach&nbsp;major U.S. telecom providers to&nbsp;spy on phone calls and&nbsp;text messages. The meeting was an opportunity for telecom executives to propose ways the government could bolster its defenses against such advanced cyber-attacks, the White House stated.
According to the report <a href="https://edition.cnn.com/2024/11/23/politics/chinese-cyber-espionage-telecom-execs/index.html">by</a> CNN, the cyber-attack is seen as one of the most significant challenges to cyber and national security for the upcoming Donald Trump administration. A classified briefing for all senators has been scheduled for December 4, after Congress reconvenes from its recess next month.
&#8220;This is by far the worst telecom hack in our nation&#8217;s history,&#8221; Sen. Mark Warner (D-Va.), who chairs the Senate Intelligence Committee, told the outlet. The full scope of the hack, its implications, and the individuals affected are still being investigated.
According to Warner, the FBI has notified fewer than 150 victims, most in the Washington area. But all of those victims have likely called or sent texts to numerous people, meaning the number of records accessed by the hackers is likely far greater. The hackers could listen to the calls of specific targets for certain periods of time, said Warner.
Also Read: <a href="https://www.benzinga.com/news/24/05/38909612/possible-espionage-threat-us-officials-warn-of-chinese-interference-with-undersea-internet-cables-in">Possible Espionage Threat? US Officials Warn Of Chinese Interference With Undersea Internet Cables In Pacific</a>
US broadband and internet providers&nbsp;AT&amp;T&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>),&nbsp;Verizon&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>), and&nbsp;Lumen&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUMN#NYSE">LUMN</a>) have all been victims of this hacking campaign. The hackers also targeted&nbsp;phone communications of senior figures&nbsp;from&nbsp;both the Republican and Democratic&nbsp;parties.
China has refuted the hacking allegations. However, U.S. officials continue to express concern about China&#8217;s hacking program, which, according to FBI Director Christopher Wray, is larger&nbsp;than those of all other&nbsp;major countries combined.
Why It Matters: This incident underscores the growing threat of cyber-espionage and the need for robust cybersecurity measures. 
The implications of such attacks are far-reaching, affecting not just the telecom industry but also the political landscape. 
As the investigation continues, it remains crucial for the US to strengthen its defenses against such sophisticated cyber-attacks.
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<a href="https://www.benzinga.com/news/24/07/39956964/us-warns-tech-startups-of-espionage-threats-from-china-and-others-adversaries-via-foreign-investment">US Warns Tech Startups Of Espionage Threats From China And Others Adversaries Via Foreign Investments: &#8216;Can Directly Lead To The Failure Of These Companies&#8217;</a>
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

LUMN

US Confronts Chinese Cyber-Espionage Threat: 'Worst Telecom Hack In Our Nation's History'

The past week has been a whirlwind of news, with artificial intelligence (AI) taking center stage. From Nvidia&#8217;s impressive Q3 earnings to Elon Musk&#8217;s bold predictions about AI, the tech world has been abuzz with exciting developments. Hollywood is also gearing up for a new era of AI, while Jim Cramer reinforces his bullish outlook on Nvidia. Meanwhile, Chinese tech giants are expanding their AI footprints in Silicon Valley. Let&#8217;s dive into the details.
Nvidia&#8217;s Q3 Earnings Beat Expectations
Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) continued its streak of exceeding expectations with its Q3 earnings. The tech giant reported a 94% YoY increase in revenue, reaching $35.1 billion and surpassing the Street consensus estimate of $33.12 billion. Despite supply constraints, the company&#8217;s CEO, Jensen Huang, remains optimistic about the future of AI. <a href="https://www.benzinga.com/news/earnings/24/11/42099904/nvidia-beats-q3-revenue-eps-estimates-supply-constraints-ding-stock-huang-says-age-of-ai-is-in-full-steam">Read the full article here.</a>
Elon Musk Predicts AI Will Surpass Doctors, Lawyers
Elon Musk has made a bold prediction about the future of AI. Following a study that revealed OpenAI's ChatGPT-4 outperformed medical professionals in diagnosing illnesses, Musk believes AI will soon surpass doctors and lawyers. The study reported a 90% accuracy rate for AI, compared to 76% for doctors using ChatGPT and 74% for doctors relying on traditional resources.&nbsp;<a href="https://www.benzinga.com/tech/24/11/42029736/elon-musk-says-ai-will-surpass-doctors-lawyers-after-chatgpt-tops-medical-diagnoses-humans-becoming-biological-backups">Read the full article here.</a>
See Also: <a href="https://www.benzinga.com/24/11/42132292/mark-zuckerbergs-meta-takes-on-64b-pig-butchering-scams-targeting-people-through-dating-apps-social-media-crypto-investing-and-other-apps?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Zuckerberg&#8217;s Meta Cracks Down On $64B &#8216;Pig Butchering&#8217; Scams Involving Dating Apps, Social Media And Crypto Investing</a>
Ben Affleck and Matt Damon See AI as Hollywood&#8217;s Next Big Thing
Ben Affleck believes AI will be the next big disruptor in Hollywood. Speaking at CNBC&#8217;s Delivering Alpha Summit, Affleck downplayed fears of AI replacing human creativity, instead suggesting that the technology will reshape the costlier, less creative aspects of filmmaking.&nbsp;<a href="https://www.benzinga.com/24/11/42082240/dvds-streaming-and-now-ai-ben-affleck-and-matt-damon-unpack-hollywoods-next-investment-boom">Read the full article here.</a>
Jim Cramer Doubles Down on Nvidia
Following Nvidia&#8217;s stellar Q3 earnings report, CNBC's Jim Cramer and Wall Street analysts have reinforced their bullish outlook on the company. Cramer cited Nvidia&#8217;s high return on investment as a key reason why major tech companies &#8220;have no choice but to buy Nvidia&#8217;s chips.&#8221;&nbsp;<a href="https://www.benzinga.com/news/global/24/11/42129914/jim-cramer-doubles-down-on-nvidia-demand-is-accelerating-as-ai-customers-have-no-choice-but-to-buy-its-chips">Read the full article here.</a>
Chinese Tech Giants Expand AI Footprints in Silicon Valley
Chinese tech firms, including Alibaba (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), ByteDance, and Meituan, are reportedly expanding their AI teams in Silicon Valley. The move is part of a broader push to attract top U.S. talent and gain an edge in the lucrative AI sector. <a href="https://www.benzinga.com/24/11/42053396/why-chinese-tech-giants-alibaba-bytedance-and-meituan-are-expanding-their-ai-footprints-in-silicon-valley-amid-us-efforts-to-block-progress">Read the full article here.</a>
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Photo courtesy: Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>

NVDA

Weekend Round-Up: AI Dominates Headlines With Nvidia, Elon Musk, And Hollywood's Big Names

The U.S. Department of Justice (DOJ) has demanded that&nbsp;Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Google&nbsp;divest its Chrome browser to dismantle its monopoly on online search. This move is part of broader efforts to restore <a target="_blank" href="https://www.benzinga.com/tech/24/11/42105079/googles-unlawful-behavior-stifles-market-entry-for-rivals-doj-says-alphabet-must-sell-chrome-to-end-search-monopoly" rel="noreferrer noopener">competition in the search market</a>.
Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)&nbsp;and&nbsp;Elon Musk's&nbsp;SpaceX may encounter obstacles in their attempts&nbsp;to block the National Labor <a target="_blank" href="https://www.benzinga.com/24/11/42054405/amazon-and-spacexs-efforts-to-block-nlrb-cases-in-jeopardy-as-appeals-court-raises-key-legal-concerns" rel="noreferrer noopener">Relations&nbsp;Board or&nbsp;</a><a target="_blank" href="https://www.benzinga.com/24/11/42054405/amazon-and-spacexs-efforts-to-block-nlrb-cases-in-jeopardy-as-appeals-court-raises-key-legal-concerns" rel="noreferrer noopener">NLRB&nbsp;</a><a target="_blank" href="https://www.benzinga.com/24/11/42054405/amazon-and-spacexs-efforts-to-block-nlrb-cases-in-jeopardy-as-appeals-court-raises-key-legal-concerns" rel="noreferrer noopener">cases</a>.
Prominent venture capitalist&nbsp;David Sacks&nbsp;has predicted a high&nbsp;likelihood of legal action&nbsp;or a breakup of&nbsp;Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Google&nbsp;in the next U.S. <a target="_blank" href="https://www.benzinga.com/24/11/42058073/google-should-be-broken-up-vc-david-sacks-foresees-high-odds-of-antitrust-lawsuit-or-breakup-under-donald-trumps-administration" rel="noreferrer noopener">administration under&nbsp;</a><a target="_blank" href="https://www.benzinga.com/24/11/42058073/google-should-be-broken-up-vc-david-sacks-foresees-high-odds-of-antitrust-lawsuit-or-breakup-under-donald-trumps-administration" rel="noreferrer noopener">Donald Trump</a>.
A Chinese state-backed company,&nbsp;Spacesail, is preparing&nbsp;to launch a satellite service&nbsp;in Brazil, posing a challenge to&nbsp;Elon Musk‘s&nbsp;SpaceX<a target="_blank" href="https://www.benzinga.com/tech/24/11/42111283/elon-musks-starlink-faces-new-competition-as-chinese-satellite-firm-spacesail-enters-brazilian-market" rel="noreferrer noopener">&nbsp;operated satellite service, Starlink</a>.
Gaming
Sony Group Corp.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) is reportedly in discussions to acquire Kadokawa Corporation, the Japanese media powerhouse known for its extensive portfolio of anime, manga, and video games, including <a target="_blank" href="https://www.benzinga.com/general/gaming/24/11/42068231/sony-in-talks-to-acquire-elden-ring-publisher-kadokawa-report" rel="noreferrer noopener">the&nbsp;global hit Elden Ring</a>.
Sony has released a significant update for its PlayStation Portal handheld device, introducing cloud streaming for&nbsp;<a target="_blank" href="https://www.benzinga.com/general/gaming/24/11/42098642/play-ps5-games-without-a-console-playstation-portal-adds-cloud-streaming" rel="noreferrer noopener">PlayStation Plus Premium members</a>.
Read: <a target="_blank" href="https://www.benzinga.com/general/gaming/24/11/42098643/kadokawa-ceo-confirms-sonys-buyout-interest-no-decision-has-been-made" rel="noreferrer noopener">Kadokawa CEO Confirms Sony&#8217;s Buyout Interest: &#8216;No Decision Has Been Made&#8217;</a>
Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) has unveiled its upcoming additions to Xbox Game Pass for the second half of November, featuring high-profile <a target="_blank" href="https://www.benzinga.com/top-stories/24/11/42072274/xbox-game-pass-brings-big-titles-in-late-november-including-stalker-microsoft-flight-simulator-2024" rel="noreferrer noopener">launches and exciting&nbsp;indie gems</a>.
Microsoft launched a long-awaited feature for Xbox Game Pass Ultimate members, allowing them to stream select games they already own <a target="_blank" href="https://www.benzinga.com/general/gaming/24/11/42118521/xbox-cloud-gaming-now-lets-you-stream-owned-games-heres-how-it-works" rel="noreferrer noopener">via Xbox Cloud&nbsp;Gaming</a>.
Roblox Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>) announced new tools today designed to enhance safety for its young user base, which includes a significant number of children. These updates allow parents to remotely manage their child&#8217;s account, view their <a target="_blank" href="https://www.benzinga.com/general/gaming/24/11/42043036/roblox-enhances-parental-controls-theres-always-more-to-be-done" rel="noreferrer noopener">friends list, and set&nbsp;limits on playtime</a>.
Technology
China's leading tech firms,&nbsp;Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) ByteDance, and&nbsp;Meituan are reportedly expanding <a target="_blank" href="https://www.benzinga.com/24/11/42053396/why-chinese-tech-giants-alibaba-bytedance-and-meituan-are-expanding-their-ai-footprints-in-silicon-valley-amid-us-efforts-to-block-progress" rel="noreferrer noopener">their AI teams in Silicon Valley</a>.
Google announced its AI assistant&nbsp;Gemini&nbsp;is now available for download on&nbsp;Apple Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)&nbsp;<a target="_blank" href="https://www.benzinga.com/news/large-cap/24/11/42042074/googles-gemini-app-brings-free-flowing-ai-to-apple-iphone" rel="noreferrer noopener">iPhone&nbsp;as an app</a>.&nbsp;
Alphabet&#8216;s lucrative agreement to pay&nbsp;Apple&nbsp;over&nbsp;$20 billion a year&nbsp;to make its search engine the default on&nbsp;<a target="_blank" href="https://www.benzinga.com/24/11/42083150/googles-20b-search-deal-with-apple-faces-collapse-after-antitrust-ruling-what-it-could-means-for-both-tech-giants" rel="noreferrer noopener">iPhones</a><a target="_blank" href="https://www.benzinga.com/24/11/42083150/googles-20b-search-deal-with-apple-faces-collapse-after-antitrust-ruling-what-it-could-means-for-both-tech-giants" rel="noreferrer noopener">&nbsp;is now under threat</a>.
Google Gemini&nbsp;AI chatbot came under scrutiny after reportedly telling a user, &#8220;You are a stain on the <a target="_blank" href="https://www.benzinga.com/tech/24/11/42055794/googles-gemini-chatbot-draws-scrutiny-after-hostile-interaction-with-user-heres-what-the-search-giant-has-to-say" rel="noreferrer noopener">universe. Please d&#x2A;e."</a>
NVIDIA Corporation&#8216;s(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) Blackwell AI chips are experiencing overheating problems when connected&nbsp;to server racks designed to&nbsp;hold up to 72 chips,&nbsp;reported&nbsp;The Information, citing Nvidia employees working on the problem and customers <a target="_blank" href="https://www.benzinga.com/24/11/42028342/blackwell-backfires-nvidias-ai-chips-struggle-with-server-overheating-impacting-meta-microsoft-and-musks-xai-data-centers" rel="noreferrer noopener">and&nbsp;suppliers familiar with the situation</a>.
The development of a new artificial intelligence-based version of&nbsp;Amazon.com‘s&nbsp;voice assistant Alexa is reportedly facing significant challenges<a target="_blank" href="https://www.benzinga.com/markets/equities/24/11/42055771/amazons-ai-powered-alexa-upgrade-faces-latency-compatibility-concerns-report" rel="noreferrer noopener">, according to internal memos</a>.
Read:<a target="_blank" href="https://www.benzinga.com/24/11/42079954/microsoft-ceo-satya-nadella-defends-bings-rise-against-googles-search-dominance-says-openais-partnership-with-apple-is-incremental-for-even-us" rel="noreferrer noopener">Satya Nadella Defends Bing&#8217;s Rise Against Google&#8217;s Search Dominance — Says OpenAI&#8217;s Partnership With Apple Is &#8216;Incremental&#8217; For Microsoft</a>
Smartphone
Google and&nbsp;Apple have long been discussing integrating Gemini into the iOS ecosystem. However, the timeline for this integration<a target="_blank" href="https://www.benzinga.com/media/24/11/42030331/heres-when-google-gemini-could-be-integrated-with-apple-intelligence" rel="noreferrer noopener"> may not happen until next year</a>.
Apple&nbsp;is preparing to urge a federal judge&nbsp;to dismiss the U.S. Department&nbsp;of Justice's case accusing the company of unlawfully <a target="_blank" href="https://www.benzinga.com/tech/24/11/42086154/apple-to-argue-for-dismissal-of-doj-antitrust-case-over-alleged-us-smartphone-market-domination" rel="noreferrer noopener">monopolizing the smartphone market</a>.
Huawei&nbsp;Technologies Co., Ltd. is set to initiate mass production of its latest AI chip, the Ascend 910C, in early 2025, despite facing significant <a target="_blank" href="https://www.benzinga.com/news/24/11/42105518/huawei-to-reportedly-take-on-nvidia-with-mass-production-of-new-ai-chips-by-2025-amid-us-restrictions" rel="noreferrer noopener">hurdles due to U.S. trade restrictions</a>.
Artificial Intelligence (AI)
Elon Musk&nbsp;has predicted that AI will surpass doctors and lawyers after a study revealed&nbsp;OpenAI's ChatGPT-4&nbsp;outperformed medical <a target="_blank" href="https://www.benzinga.com/tech/24/11/42029736/elon-musk-says-ai-will-surpass-doctors-lawyers-after-chatgpt-tops-medical-diagnoses-humans-becoming-biological-backups" rel="noreferrer noopener">professionals in diagnosing illnesses</a>.
OpenAI&nbsp;CEO&nbsp;Sam Altman&nbsp;has been appointed as a co-chair of the transition team&nbsp;for San Francisco's <a target="_blank" href="https://www.benzinga.com/media/24/11/42054127/sam-altman-co-chairs-san-francisco-mayors-transition-team-as-daniel-lurie-prepares-to-tackles-key-city-challenges" rel="noreferrer noopener">newly elected&nbsp;mayor,&nbsp;</a><a target="_blank" href="https://www.benzinga.com/media/24/11/42054127/sam-altman-co-chairs-san-francisco-mayors-transition-team-as-daniel-lurie-prepares-to-tackles-key-city-challenges" rel="noreferrer noopener">Daniel Lurie</a>.
Perplexity AI&nbsp;CEO&nbsp;Aravind Srinivas&nbsp;has jumped into the&nbsp;Alphabet Google&nbsp;antitrust conversation by asking his followers on&nbsp;X&nbsp;if his AI startup should<a target="_blank" href="https://www.benzinga.com/markets/equities/24/11/42084064/perplexity-ceo-asks-if-ai-startup-should-acquire-google-chrome-following-dojs-antitrust-push-against-search-giant" rel="noreferrer noopener"> acquire the Google Chrome browser</a>.

AAPL

AMZN

GOOG

RBLX

Sony Group Corporation American Depositary Shares

SONY

Consumer Tech News (Nov 18-Nov 22): US DOJ Demands Google To Divest Chrome Browser, Gemini AI Available On Apple & More

General Motors (GM) has announced <a href="https://www.benzinga.com/startups/24/10/41493900/meta-ceo-zuckerberg-dismisses-workers-making-over-six-figures-for-taking-advantage-of-company-food-d">layoffs </a>affecting about 1,000 employees worldwide. The move is part of GM's effort to trim costs and tighten up operations as it tries to navigate tough economic challenges.
According to the Detroit Free Press, 507 affected people worked at the Global Technical Center in Warren, Michigan – a hub for GM's innovation and tech development. Spokesperson Kevin Kelly said in a statement to Detroit Free Press that the layoffs are part of GM's plan to streamline operations and move faster toward their goals.
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A big part of GM's focus right now is on electric vehicles (EVs), but they've hit a few bumps in the road. Cox Automotive reported that EV sales in the U.S. made up 8.9% of all vehicle sales in Q3 2024. Regarding market share, GM holds 9.8%, a far cry from Tesla's commanding 48.2%.&nbsp;
To keep things in check, GM has scaled back its 2024 EV production goals from 300,000 units to somewhere between 200,000 and 250,000 units. CFO Paul Jacobson explained during a Deutsche Bank investor event that this will help them avoid overproduction and keep inventory balanced with demand.
There's also the potential loss of federal EV tax incentives, which doesn't make things easier. The $7,500 tax credit from the Inflation Reduction Act, aimed at boosting EV sales, might be rolled back under proposed Republican tax reforms.&nbsp;
Reuters noted this could put the U.S. even further behind countries like China, where EVs make up 47.9% of sales. Despite potential challenges for automakers like GM, Ford, Rivian and even Tesla, CEO <a href="https://www.benzinga.com/startups/24/10/41234093/elon-musk-warns-america-is-spiraling-towards-bankruptcy-trump-taps-him-as-cost-cutter-with-a-salary">Elon Musk</a> supports the move.&nbsp;
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During Tesla&#8217;s Q2 2024 earnings call, Musk told Wells Fargo equity analyst Colin Langan he isn't concerned about an IRA cut&#8217;s impact. He believes Tesla's strength lies beyond EVs. &#8220;There might be some impact, but it would devastate competitors and only slightly affect Tesla,&#8221; Musk said. &#8220;Long term, it likely benefits Tesla. The value of Tesla overwhelmingly is autonomy.&#8221;
He added, &#8220;If you don't believe Tesla will solve autonomy, sell the stock. If you do, buy it. Everything else is just noise.&#8221;
Despite these challenges, GM is showing it's not all bad news. The company's Q3 2024 profits were up 10.5% from last year. According to the Detroit Free Press, Paul Jacobson credited part of this success to cost-cutting efforts and capital investments during the earnings call.&nbsp;
During an <a href="https://www.cnbc.com/video/2021/10/27/gm-can-absolutely-catch-tesla-by-2025-ceo-mary-barra-says.html">interview </a>with CNBC, Mary Barra, GM&#8217;s CEO, confidently claimed in 2021 that GM would surpass Tesla in the U.S. EV sales by 2025. Highlighting GM&#8217;s innovation, she stated customers are &#8220;wowed&#8221; by their vehicles and emphasized the company's commitment to achieving the No. 1 market share in electric vehicles through consistent progress and rollouts.
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GM Slashes Workforce In Anticipation Of Economic Challenges – What's Next For The Auto Giant?

The past week has been a whirlwind of tech news, with Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) making headlines on multiple fronts. From analyst predictions about the company&#8217;s future to its upcoming ventures, there&#8217;s a lot to unpack. Meanwhile, Huawei Technologies Co. is gearing up to challenge Apple in China with its advanced chip, and Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) lucrative deal with Apple is under threat due to an antitrust ruling. Let&#8217;s dive into the details.
Apple&#8217;s Future: Smaller, Yet Profitable Ventures
Mark Gurman, a renowned analyst, advised investors this week not to anticipate another product like Apple&#8217;s iPhone. Instead, he suggested that the company&#8217;s future lies in a series of smaller, profitable ventures. The iPhone remains Apple&#8217;s core product, driving over half of the company&#8217;s revenue and forming the foundation of its ecosystem.
<a href="https://www.benzinga.com/tech/24/11/41894509/apples-next-big-bet-think-smaller-says-analyst-there-will-never-be-another-iphone">Read the full article here.</a>
Apple&#8217;s Smart Camera: A New Venture in 2026
Apple reportedly plans to enter the smart home IP camera market in 2026, aiming for tens of millions of annual shipments, according to Ming-Chi Kuo, an analyst at TF Securities. The device will integrate with Apple products, targeting a share of the 30–40 million units shipped globally each year.
<a href="https://www.benzinga.com/tech/24/11/41891237/apples-smart-camera-coming-in-2026-cupertino-eyeing-tens-of-millions-in-annual-shipments-says-top-supply-chain-analyst">Read the full article here.</a>
See Also: <a href="https://www.benzinga.com/24/11/42132292/mark-zuckerbergs-meta-takes-on-64b-pig-butchering-scams-targeting-people-through-dating-apps-social-media-crypto-investing-and-other-apps?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Zuckerberg&#8217;s Meta Cracks Down On $64B &#8216;Pig Butchering&#8217; Scams Involving Dating Apps, Social Media And Crypto Investing</a>
Huawei&#8217;s Advanced Chip: A Challenge to Apple in China
Huawei Technologies Co. is set to release its most advanced domestically made chip in the Mate 70 series, amid ongoing U.S. sanctions. The launch comes as Huawei continues to increase its market share in China, where it has seen a rise in consumer demand.
<a href="https://www.benzinga.com/news/global/24/11/42132104/huawei-to-launch-mate-70-smartphone-with-advanced-homegrown-chip-challenging-apple-in-china-amid-us-sanctions-report">Read the full article here.</a>
Apple&#8217;s AI-Powered Siri: A Competitor to OpenAI and Google Gemini
Apple is reportedly developing a conversational AI-powered Siri to compete with OpenAI&#8217;s ChatGPT and Google's Gemini Live voice assistant. The new version of Siri will allow back-and-forth interactions with quicker and more advanced responses.
<a href="https://www.benzinga.com/media/24/11/42129847/apple-prepares-to-take-on-openais-chatgpt-google-gemini-live-with-llm-siri-in-2025-report">Read the full article here.</a>
Google&#8217;s Antitrust Ruling: A Threat to Apple&#8217;s Revenue
Google&#8217;s agreement to pay Apple over $20 billion a year to make its search engine the default on iPhones is now under threat. An antitrust lawsuit against Google's parent company revealed that these payments accounted for 17.5% of Apple&#8217;s operating income in 2020.
<a href="https://www.benzinga.com/24/11/42083150/googles-20b-search-deal-with-apple-faces-collapse-after-antitrust-ruling-what-it-could-means-for-both-tech-giants">Read the full article here.</a>
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Photo courtesy: Unsplash
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>

GOOGL

Apple's Future Ventures, Huawei's New Chip, And Google's Antitrust Woes: This Week In Appleverse

The past week has been a rollercoaster ride in the financial world. From the surge in small-cap stocks to the potential impact of President-elect Donald Trump&#8217;s DOGE initiative, there&#8217;s a lot to unpack. Let&#8217;s dive into the top stories of the week.
Small-Cap Stocks Soar
U.S. small-cap stocks have been the star performers this November, following a well-established seasonal trend. The Russell 2000 index, a benchmark for small-cap equities, has seen an impressive 8% rise this month, setting the stage for a strong December. This aligns with the historical trend of small caps excelling in the final two months of the year, often leading to the so-called &#8220;Santa Rally&#8221;.
<a href="https://www.benzinga.com/24/11/42124676/november-small-cap-surge-could-carry-into-decembers-santa-rally-historical-trends-suggest">Read the full article here.</a>
Trump&#8217;s DOGE Initiative
President-elect Donald Trump&#8217;s appointed DOGE (Department of Government Efficiency) could potentially save $50–100 billion annually, according to Congressional Budget Office analyses. However, Mario Georgiou, CFA, and executive director, head of investments at InCred Global Wealth U.K., suggests that the scale of potential savings is expected to be modest compared to total federal outlays of approximately $6.7 trillion in 2024.
<a href="https://www.benzinga.com/24/11/42131911/donald-trump-appointed-doge-to-have-marginal-impact-saving-50-100-billion-says-analyst-as-elon-musk-aims-to-target-500-billion-plus-in-federal-expenditures">Read the full article here.</a>
See Also:&nbsp;<a href="https://www.benzinga.com/24/11/42097545/feds-bowman-warns-on-inflation-risks-signals-neutral-rate-may-be-closer?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Fed&#8217;s Bowman Warns On Inflation, Says Neutral Interest Rates May Be Closer &#8216;Than We Currently Think&#8217;</a>
Alarm Bells for US Auto Loans
ARK Invest CEO Cathie Wood has raised concerns about the state of auto loans in America. She notes that 90-day delinquency rates have now surpassed levels seen during the 2009 financial crisis. This comes despite continued investor confidence in auto-backed securities.
<a href="https://www.benzinga.com/markets/equities/24/11/42080723/cathie-wood-sounds-alarm-on-us-auto-loans-as-90-day-delinquency-rates-surpass-2009-levels">Read the full article here.</a>
Trump Picks Treasury Secretary
President-elect Donald Trump has chosen hedge fund executive Scott Bessent as the U.S. Treasury Secretary. Bessent, founder of Key Square Group, was a leading candidate, competing with former Fed Governor Kevin Warsh and private equity executive Marc Rowan.
<a href="https://www.benzinga.com/government/regulations/24/11/42150805/trump-picks-hedge-fund-exec-scott-bessent-as-treasury-secretary-what-president-elects-choice-means-for-americas-economic-future">Read the full article here.</a>
US Business Activity Hits 31-Month High
The U.S. private sector activity posted its fastest pace of expansion in more than two and a half years in November. This was driven by exceptional growth in the services sector, which continues to far exceed even the most optimistic forecasts by economists.
<a href="https://www.benzinga.com/economics/macro-economic-events/24/11/42141413/us-business-activity-soars-to-31-month-highs-in-november-small-caps-rally-dow-tops-44000">Read the full article here.</a>
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>

Economics

Small-Cap Surge, Trump's DOGE Initiative, Auto Loan Alarms, And Treasury Secretary Pick: This Week In Economics

Berkshire Hathaway Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) has amassed a staggering <a href="https://www.benzinga.com/markets/equities/24/11/42143260/warren-buffett-claims-to-not-time-the-market-but-his-cash-horde-tells-a-different-story">$325 billion cash reserve,</a> its largest ever, and nearly double the previous year's balance. This coincides with a record high in Warren Buffett's favored valuation metric: the stock market&#8217;s value relative to the U.S. economy. While this may seem like Buffett is predicting an imminent market downturn, his strategy is more nuanced and insightful.
What Happened: Nir Kaissar, founder of Unison Advisors, said in an opinion <a href="https://www.bloomberg.com/opinion/articles/2024-11-21/buffett-s-325-billion-cash-hoard-is-an-early-warning-signal">piece</a> for Bloomberg that Buffett readily admits he cannot forecast short-term market movements or crashes. Instead, he focuses on long-term returns, adjusting Berkshire's asset allocation accordingly.
Kaissar explains this approach as allocating assets based on expected returns rather than speculating on market timing. This principle has <a href="https://www.benzinga.com/24/11/41867250/warren-buffetts-apple-stake-reduction-spurs-97b-cash-surge-analysts-speculate-this-could-be-the-reason-behind-berkshire-hathaways-massive-cash-pile">consistently shaped Buffett's decisions</a>.
Berkshire's cash allocation has fluctuated dramatically, from 1% in 1994 to 28% today. &#8220;The record shows Buffett consistently raising Berkshire's cash allocation as stock valuations rise during booms — and expected returns consequently decline — and drawing down cash as opportunities arise,&#8221; Kaissar said.
See Also: <a href="https://www.benzinga.com/24/11/42088394/economist-gordon-johnson-slams-federal-reserve-for-asset-owner-centric-policies-says-fed-needs-to-focus-on-the-real-economy-over-stock-markets" target="_blank" rel="noreferrer noopener">Gordon Johnson Slams Federal Reserve For Asset-Owner Centric Policies, Says Jerome Powell Needs To Focus On ‘Real Economy&#8217;: ‘…The Stock Market Will Be Fine&#8217;</a>
He added that during the 1990s internet bubble, Buffett increased cash holdings as valuations soared but deployed capital as opportunities emerged. Similarly, leading up to the 2008 financial crisis, Buffett boosted cash reserves, only to invest strategically during the downturn, including a well-timed Goldman Sachs stake.
Buffett's approach hinges on a fundamental principle: valuations and future returns are inversely related. When assets are overvalued, expected returns decline, justifying higher cash reserves.
Today, the market-to-GDP ratio is at unprecedented levels, signaling potentially lower future returns. With cash yields comparable to those during past booms, Berkshire's significant cash reserve reflects Buffett's strategy of preparing for opportunities in an uncertain market.
Why It Matters: The surge in Berkshire&#8217;s cash reserve has sparked speculation about Buffett&#8217;s motives. Some analysts believe it could be a sign of an impending market downturn, while others suggest it may be part of a larger strategy, such as an acquisition plan or<a href="https://www.benzinga.com/markets/equities/24/11/42137295/as-mstrs-michael-saylor-says-warren-buffett-is-destroying-berkshire-capital-analyst-suggests-overpricedhot-stock-market-could-be-the-reason-oracle-of-omaha-is-sitting-on-325b-cash"> a buyback plan</a> in case of a succession.
Jeff Muscatello, a research analyst at Berkshire investor Douglass Winthrop, suggested that the impending management transition could be a factor in Buffett's decision to cash out. "The nearing <a href="https://www.benzinga.com/markets/24/11/41869558/warren-buffetts-apple-stake-reduction-spurs-97b-cash-surge-analysts-speculate-this-could-be-the-reas">inevitable management transition makes</a> it an opportune time to clear the decks for the next generation," he said.
MicroStrategy Inc. co-founder Michael Saylor also weighed in. Saylor said <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42084722/warren-buffett-destroy-not-investing-in-bitcoin-says-microstrategys-michael-saylor">Buffett was destroying billions </a>of dollars in capital by not utilizing the huge hordes of cash at their disposal to invest in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>). "I'd&nbsp;want to bet you&nbsp;that if I had an&nbsp;hour alone with Buffett in&nbsp;a calm environment, I'd&nbsp;walk out and he would&nbsp;say this Bitcoin thing is a&nbsp;pretty good idea," he said.
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Image via Flickr
This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Equities

$BTC

Is Warren Buffett Preparing For A Market Downturn With Berkshire Hathaway's $325B Cash Pile? Analyst Says Internet Bubble And 2008 Crash May Have Lessons

Kevin O'Leary is warning about how expensive <a href="https://www.benzinga.com/startups/24/07/39792500/kevin-oleary-believes-america-is-the-biggest-business-in-america-and-wants-executives-in-cabinet-tha">running a business in America</a> is becoming. In a recent Fox Business segment, O'Leary discussed how complicated rules and taxes are making it harder for companies across industries.
He also expressed hope that leaders like Elon Musk and Vivek Ramaswamy could bring about change by <a href="https://www.benzinga.com/money/how-to-reduce-taxable-income-for-high-earners">simplifying taxes</a> and reducing<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42084945/coinbase-ceo-brian-armstrong-backs-doge-initiative-how-blockchain-could-transform-government-efficiency"> unnecessary regulations</a>.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">If Elon and Vivek are able to simplify tax and deregulate the economy by just 30%, the cost savings would be huge. The cost I have to spend each year just to remain compliant increases about 20% per year. I've never seen cost escalation like I have in the past five years. <a href="https://t.co/0HcTRfpNeq">pic.twitter.com/0HcTRfpNeq</a>
&mdash; Kevin O&#39;Leary aka Mr. Wonderful (@kevinolearytv) <a href="https://twitter.com/kevinolearytv/status/1858624028568703280?ref_src=twsrc%5Etfw">November 18, 2024</a></blockquote>
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"If they just solved for simplifying tax and deregulated the economy, just say 30%, pulled some of that regulation out," O'Leary said. According to O'Leary, the costs associated with staying compliant – like paying auditors, consultants and lawyers – are going up by about 20% yearly. "The cost that I have to spend each year just to remain compliant goes up at about 20% a year between all the consultants, the auditors, the lawyers and the changing rules of regulation," he shared.
O'Leary explained that he operates across all 11 sectors of the economy and has never seen such an escalation in costs as he has in the last five years. He&#8217;s not alone either; many other business leaders share his concerns. He mentioned that if you spoke to the CEOs of the S&amp;P 500 companies, they would tell you these regulatory costs are among the most rapidly growing expenses they face.
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&#8220;There&#8217;s lots of room for efficiency, lots of room for action on that,&#8221; O&#8217;Leary said. By <a href="https://www.benzinga.com/personal-finance/24/10/41291074/dimon-calls-out-red-tape-says-its-deeply-frustrating-america-isnt-solving-its-problems">pulling back on the red tape</a>, businesses could save money and use it for other purposes, such as expanding their operations, hiring more staff or lowering consumer prices.
O&#8217;Leary hopes that by bringing in business-minded leadership – people like Elon Musk, who has already shown his ability to cut through inefficiencies at Twitter or Vivek Ramaswamy, known for his straightforward approach – the U.S. could reduce these burdens and give companies some much-needed breathing room.
However, not everyone is convinced that Musk and Ramaswamy are the right leaders for this challenge. Critics argue that while Musk&#8217;s methods at Twitter have been effective in certain areas, they have also been controversial and have led to disruptions. Some doubt whether his approach would translate well to government-level regulation involving a different scale and set of complexities.&nbsp;
Similarly, while appealing, <a href="https://www.benzinga.com/startups/24/11/42038767/im-one-of-you-how-anti-woke-warrior-vivek-ramaswamy-became-a-billionaire-at-only-38">Ramaswamy&#8217;s straightforward approach</a> may lack the nuance required to navigate the intricacies of federal regulations. There are concerns that oversimplification could lead to unintended consequences, potentially creating more issues than solutions.
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Image Via Shutterstock

Costs Have Escalated Drastically, Warns Kevin O'Leary, Hopeful Elon And Vivek Can 'Simplify Tax And Deregulate The Economy'

Elon Musk sparked confusion online yet again – this time with his take on Argentina's new import tax cuts. Recently, Argentina&#8217;s President-elect Javier Milei announced a major policy change to reduce taxes on imports.&nbsp;
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As part of his economic reform plan, Milei wants to make imported goods more affordable. Starting in December, he will raise the tax-free limit on international purchases from $1,000 to $3,000. Personal imports will also get a tariff exemption of up to $400. This move is meant to open up the economy and make things easier for shoppers in Argentina.&nbsp;
Elon Musk seemed to think so. In response to a tweet discussing Milei&#8217;s idea, he expressed his support for the tax cut by simply saying, &#8220;Good move.&#8221;&nbsp;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Good move <a href="https://t.co/lrIevpBU3l">https://t.co/lrIevpBU3l</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1857698387371397241?ref_src=twsrc%5Etfw">November 16, 2024</a></blockquote>
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The tweet caught a lot of attention as many people quickly called Musk out for what they saw as mixed signals – supporting a policy in Argentina that seems opposite to the <a href="https://www.benzinga.com/economics/macro-economic-events/24/11/42042411/inflation-could-surge-to-3-if-trump-applies-universal-tariffs-goldman-sachs">U.S. import tariffs promoted by Donald Trump</a>, whom Musk has also publicly supported.
For instance, one user tweeted, &#8220;You supported the presidential campaign of the guy advocating for the largest tariff hike in modern U.S. history, lmao.&#8221; Another wrote, &#8220;Import taxes = tariffs. You support cutting them elsewhere and raising them here? Shameful hypocrisy.&#8221; Alex Cole added to the discourse, writing, &#8220;So removing tariffs is a good move and Donald Trump adding tariffs is also a good move? Bizarro world.&#8221;
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<h2 class="wp-block-heading">Different Countries, Different Needs?</h2>
Not everyone saw it as straight-up hypocrisy. Some X users argued that Musk's take could be valid if viewed in the context of Argentina's economy compared to the U.S.&nbsp;
<a href="https://www.benzinga.com/news/24/01/36597688/argentinas-inflation-was-around-200-in-2023-and-it-could-get-worse-in-2024-new-leadership-says-it-wi">Argentina is dealing with hyperinflation</a> and a major recession, so reducing import taxes might be a much-needed lifeline to help people afford basic goods. Dan Victor, a CFA, commented, &#8220;It&#8217;s different for the world&#8217;s largest economy compared to one suffering from a deep recession and hyperinflation.&#8221;
Another user pointed out that different countries might use different tools for different reasons. &#8220;Start by studying comparative economic policy. Then, once you understand that two completely different countries/economies implementing different policies is normal, this should make a little more sense.&#8221;
While some felt Musk was inconsistent, others believed his opinion could make sense given the drastically different economic situations of Argentina and the United States. The U.S. has a massive, stable economy, whereas Argentina is struggling to stabilize itself amid economic turmoil.
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'Bizarro World' – People Are Really Confused By Elon Musk Praising Argentina's Javier Milei Slashing Import Taxes

Satellite images have reportedly revealed that Russia has supplied North Korea with over one million barrels of oil since March, violating United Nations sanctions that <a href="https://www.benzinga.com/news/24/10/41561980/zelensky-sounds-alarm-on-potential-north-korean-involvement-in-ukraine" target="_blank" rel="noreferrer noopener">restrict oil sales to North Korea</a>.
These transfers are part of a broader arrangement in which North Korea sends weapons, artillery shells, and even troops to aid Russia&#8217;s war in Ukraine, the BBC <a target="_blank" href="https://www.bbc.com/news/articles/cjr4pr0gyyzo" rel="noreferrer noopener">reports</a>.
The oil deliveries, tracked by the UK-based Open Source Centre, are seen as a direct quid pro quo for North Korea&#8217;s military support, with the oil serving to fuel Pyongyang&#8217;s own operations and provide stability amid ongoing sanctions.
According to satellite imagery analyzed by UK-based non-profit research group the Open Source Centre and shared exclusively with the BBC, North Korean oil tankers have made 43 trips to Russia&#8217;s Far East, with vessels arriving empty and leaving full.
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Despite UN sanctions capping the amount of oil North Korea can receive at 500,000 barrels per year, Russia&#8217;s illicit shipments have far exceeded this limit, with experts estimating more than a million barrels have been supplied since March.
The BBC added that these transfers not only breach UN sanctions but also involve ships that are themselves under sanction, some of which should have been impounded upon entering Russian waters, citing Go Myong-hyun, a senior research fellow at South Korea&#8217;s Institute for National Security Strategy.
The situation marks a new level of contempt for international regulations, as Russia has actively circumvented the UN panel responsible for monitoring such violations, disbanding it through its veto at the Security Council in March.
Experts worry this cooperation between two autocratic regimes may lead to even more dangerous collaborations, potentially involving military technology transfers that could further destabilize the region, the BBC adds.
While the oil deliveries provide crucial fuel for North Korea&#8217;s military, which relies on oil for its missile launchers and munitions factories, concerns are growing over the potential for more military technology exchanges, particularly in satellite and ballistic missile advancements. 
Both the US and South Korea are closely monitoring the evolving ties between Russia and North Korea, with the possibility of these exchanges further threatening global security.
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Image: Shutterstock

Satellite Images Reveal North Korea Reportedly Receiving Illicit Oil from Russia

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Currently, the tech landscape is undergoing a seismic shift, driven by a new breed of game-changing stocks. These disruptive innovators are leveraging cutting-edge technologies to transform how we live, work and play, fundamentally reshaping entire industries.



From emerging startups to established giants, the tech landscape is ablaze with disruptive forces. Metrics suggest that the digital transformation <a href="https://www.fortunebusinessinsights.com/digital-transformation-market-104878">market could explode</a> from $2.71 trillion in 2024 to a staggering $12.35 trillion by 2032. Thus, identifying the pioneers driving this change is crucial for investors seeking substantial growth. However, discerning true disruptive potential from mere hype remains a critical challenge.



Let&rsquo;s identify three game-changing stocks. Each are strategically positioned to capitalize on this transformative wave and generate long-term value for investors.



<h2>GitLab (GTLB)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/06/gtlb1600-300x169.png" alt="In this photo illustration the GitLab (GTLB) logo seen displayed on a smartphone screen."><div>Source: rafapress / Shutterstock.com</div></div>Topping our list of game-changing stocks is GitLab (NASDAQ:<a href="https://investorplace.com/stock-quotes/gtlb-stock-quote/">GTLB</a>). This software developer offers a comprehensive DevSecOps platform, streamlining the entire software development lifecycle to <a href="https://investorplace.com/2024/03/3-underappreciated-tech-stocks-that-deserve-some-investor-love/">deploy software efficiently</a>.



Management of the software development company has recently reported impressive fourth quarter and full year 2024 financial results. Quarterly revenue surged 33% year-over-year (YOY) to $163.8 million. Net income showed significant improvement, reaching $13.2 million, compared to a loss of $13.8 million in the prior-year quarter.



Further solidifying its commitment to software security, GitLab <a href="https://ir.gitlab.com/news-releases/news-release-details/gitlab-acquires-oxeye-advance-application-security-governance">announced the acquisition</a> of Oxeye on March 20, 2024.&nbsp;Oxeye, which provides cloud-native application security and risk management solutions, will likely accelerate GitLab&rsquo;s Static Application Security Testing (SAST) roadmap. In addition, Oxeye&rsquo;s capabilities could augment GitLab&rsquo;s software composition analysis and compliance tools.



Despite its strong fundamentals, GTLB stock has underperformed the broader market, declining almost 6% year-to-date (YTD). We should highlight that shares are trading at a premium valuation of about 15 times sales. Yet, Wall Street remains bullish, with a <a href="https://edition.cnn.com/markets/stocks/GTLB">median 12-month price target</a> of $75.00, implying a potential upside of 30% from current levels.



<h2>Synopsys (SNPS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/03/snps1600-300x169.png" alt="Person holding mobile phone with logo of American technology company Synopsys Inc. (SNPS) on screen in front of web page. Focus on phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div>Synopsys (NASDAQ:<a href="https://investorplace.com/stock-quotes/snps-stock-quote/">SNPS</a>) emerges as another disruptive force on our list.&nbsp; A pioneer in Electronic Design Automation (EDA), Synopsys shapes the future of &ldquo;Smart Everything&rdquo; with cutting-edge software products and consulting services. From self-driving cars to secure communication networks, Synopsys is making its mark.



The tech company has recently <a href="https://investor.synopsys.com/news/news-details/2024/Synopsys-Posts-Financial-Results-for-First-Quarter-Fiscal-Year-2024/">delivered solid results</a> for its first quarter of fiscal year 2024, exceeding analyst expectations. Quarterly revenue surged 21% YOY to $1.65 billion, while adjusted earnings per diluted share of $3.56 came in above guidance. Investors&rsquo; have been pleased with Synopsys&rsquo; strong market position, sending the SNPS stock up 10% YTD, 



Earlier in 2024, Synopsys <a href="https://investor.synopsys.com/news/news-details/2024/Synopsys-to-Acquire-Ansys-Creating-a-Leader-in-Silicon-to-Systems-Design-Solutions/default.aspx">announced a definitive agreement</a> to acquire Ansys (NASDAQ:<a href="https://investorplace.com/stock-quotes/anss-stock-quote/">ANSS</a>). This merger is expected to create a leading force in silicon-to-systems design solutions, bringing together Synopsys&rsquo; EDA tools with Ansys&rsquo; broad simulation and analysis portfolio.



Analysts have a <a href="https://edition.cnn.com/markets/stocks/SNPS">12-month price target</a> of $639 for SNPS, suggesting an additional 14% upside from current levels. But the company is richly valued with a forward price-to-earnings (P/E) ratio of 43.1 and price-to-sales (P/S) ratio is of 14. 



<h2>ALPS Disruptive Technologies ETF (DTEC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/01/shutterstock_1917075950-300x169.png" alt="ETF Investment index funds concept with letter wooden blocks and lots of different currencies, ETFs to buy. Emerging markets ETFs"><div>Source: Eviart / Shutterstock.com</div></div>Rounding out our list of <a href="https://www.alpsfunds.com/exchange-traded-funds/dtec">disruptive forces</a> is the ALPS Disruptive Technologies ETF (NYSEARCA:<a href="https://investorplace.com/stock-quotes/dtec-stock-quote/">DTEC</a>). Launched in December 2017, this thematic fund grants investors exposure to companies using disruptive technologies.



DTEC has diversified portfolio of 95 stocks, while the top 10 holdings constitute 12% of $99.3 million in total assets. Leading names include Hong Kong-based Xinyi Solar Holdings (OTCMKTS:<a href="https://investorplace.com/stock-quotes/xishy-stock-quote/">XISHY</a>), Align Technology (NASDAQ:<a href="https://investorplace.com/stock-quotes/algn-stock-quote/">ALGN</a>), Dexcom (NASDAQ:<a href="https://investorplace.com/stock-quotes/dxcm-stock-quote/">DXCM</a>), First Solar (NASDAQ:<a href="https://investorplace.com/stock-quotes/fslr-stock-quote/">FSLR</a>) and PayPal (NASDAQ:<a href="https://investorplace.com/stock-quotes/pypl-stock-quote/">PYPL</a>).



The sector breakdown of DTEC includes clean energy &amp; smart grid (10.58%), healthcare innovation (10.31%) and cybersecurity (10.17%). Geographically, the fund leans toward U.S. companies (65.91%), while maintaining exposure to China (5.38%) and Japan (4.72%). Such a diversification enhances DTEC&rsquo;s ability to capture growth opportunities across various sectors and regions.



So far in 2024, the fund&rsquo;s performance has been flat. Its trailing P/E ratio of 35.6 reflects the growth potential of the holdings.&nbsp;Finally, interested investors should note the expense ratio of 0.5%.



On the date of publication, Tezcan Gecgil did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div>Tezcan Gecgil, PhD, began contributing to InvestorPlace in 2018. She brings over 20 years of experience in the U.S. and U.K. and has also completed all 3 levels of the Chartered Market Technician (CMT) examination. Publicly, she has contributed to <a href="https://www.investing.com/">investing.com</a> and the U.K. website of <a href="https://www.fool.com/">The Motley Fool.</a></div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/disruptive-forces-3-game-changing-stocks-reshaping-the-tech-landscape/">Disruptive Forces: 3 Game-changing Stocks Reshaping the Tech Landscape</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Disruptive Forces: 3 Game-changing Stocks Reshaping the Tech Landscape

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Tech has been by far the fastest-growing industry in the last two decades, with <a href="https://investorplace.com/industries/technology/">tech stocks</a> driving&nbsp;a lot&nbsp;of the hype and enthusiasm in the stock market. For years&nbsp;now, tech has been the primary engine behind the broader market&rsquo;s gains. Not only are the major tech giants continuing their relentless expansion, but we are also seeing spillover effects as technological innovations supercharge other industries.&nbsp;Fields like healthcare, manufacturing, and transportation are being reshaped by advancements in artificial intelligence, robotics, the Internet of Things, and more.



With so much transformative change underway, I believe now is an opportune time to invest in some&nbsp;of the&nbsp;lesser-known tech stocks before they capture Wall Street&rsquo;s attention. The tech industry is creating new companies and opportunities faster than ever before.&nbsp;While the spotlight shines brightly on Big Tech,&nbsp;there are&nbsp;plenty of up-and-coming tech firms still flying under the radar.&nbsp;These stocks remain unknown to most investors, overlooked and undervalued. However, they have massive growth potential&nbsp;ahead&nbsp;if management can execute effectively and capitalize on the&nbsp;huge&nbsp;market opportunities. Here are seven such tech stocks:



<h2>Tech Stocks: X-FAB Silicon Foundries (XFABF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/semiconductor1600b-300x169.jpg" alt="In Ultra Modern Electronic Manufacturing Factory Design Engineer in Sterile Coverall Holds Microchip with Gloves and Examines it. Semiconductor stocks to sell. Undervalued Semiconductor Stocks"><div>Source: Shutterstock</div></div>X-FAB Silicon Foundries (OTCMKTS:<a href="https://investorplace.com/stock-quotes/xfabf-stock-quote/">XFABF</a>) is a leading foundry group for analog/mixed-signal semiconductor applications.&nbsp;It specializes in producing and selling analog/mixed-signal IC, micro-electro-mechanical systems, and silicon carbide products for automotive, medical, industrial, communication, and consumer sectors&nbsp;worldwide.&nbsp;The company also offers design support for electronic design automation platforms. Despite the booming semiconductor industry, XFABF stock hasn&rsquo;t fared well recently. The stock is down 42% from its peak in August 2023,&nbsp;mostly&nbsp;due to the slowdown in the automotive industry, which forms core demand. As people make fewer big purchases amid high interest rates, automotive chip demand has declined significantly.



However,&nbsp;I believe&nbsp;the current entry point could lead to explosive returns, as we are likely at a cyclical low. A turnaround after rates eventually come down could send the stock much higher. The valuation here looks very cheap compared to growth, trading at just&nbsp;6&nbsp;times earnings. The <a href="https://www.gurufocus.com/stock/XFABF/summary">3-year revenue growth rate is 28.4%</a>, better than 84% of semiconductor peers. Future 3 to 5-year annual revenue growth is 19%, topping 92% of semiconductor companies. Gurufocus puts XFABF&rsquo;s fair value at $24.4 by&nbsp;the end of&nbsp;2027. I see the stars aligning for a&nbsp;major&nbsp;rebound.



<h2>DroneShield Limited (DRSHF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/stocks-to-buy-9-300x169.jpg" alt="stock button on a computer keyboard (representing best investments to start 2021. stocks to buy"><div>Source: Shutterstock</div></div>DroneShield Limited (OTCMKTS:<a href="https://investorplace.com/stock-quotes/drshf-stock-quote/">DRSHF</a>) has been having explosive growth in recent months, up 343% in the past six months. It&rsquo;s easy to see why when examining what this innovative company does.&nbsp;DroneShield&nbsp;engages in developing, commercializing, and selling&nbsp;hardware and software tech for drone detection and security.&nbsp;With tensions heating up and drones likely being the future of warfare, DroneShield has&nbsp;huge&nbsp;potential as a pure-play in the sector. Valuations could quickly swell as it continues&nbsp;landing&nbsp;more government contracts. Quintupling from current levels seems plausible if growth persists.



Its <a href="http://www.gurufocus.com/stock/DRSHF/summary">90%+ 3-year revenue growth rate</a> bests 99% of peers, and I expect rapid expansion to continue as DroneShield secures more defense contracts.&nbsp;This&nbsp;is a cutting-edge company operating in a crucial growth industry. While it has already made big moves, more upside lies ahead as drone tech becomes increasingly critical for governments worldwide. DroneShield finds itself in the right place at the right time to capitalize.



<h2>Tech Stocks: Nagarro (NGRRF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/04/ai-stocks1600-7-300x169.png" alt="AI Artificial Intelligence. Businessman using AI technology for data analysis, coding computer language with digital brain, machine learning on virtual screen, business intelligence. AI stocks"><div>Source: Tapati Rinchumrus / Shutterstock.com</div></div>Nagarro (OTCMKTS:<a href="https://investorplace.com/stock-quotes/ngrrf-stock-quote/">NGRRF</a>) is a digital engineering company offering services including AI and data analytics &ndash; some of the hottest sectors currently. Unfortunately, I can&rsquo;t say the same for the stock. NGRRF is down almost 70% from its peak and sliding lower. However, I foresee the company stabilizing and recovering in the coming months as double-digit revenue growth resumes. <a href="https://seekingalpha.com/symbol/NGRRF/earnings/estimates">Revenue&nbsp;is projected&nbsp;to grow from $1.1 billion in 2024 to $3 billion in 2033</a> &ndash; modest for a tech stock but with a compelling valuation.



Trading at 18 times earnings, I&rsquo;m banking on margin expansion from the current <a href="https://www.gurufocus.com/stock/NGRRF/summary">5.7% net margin</a> as economic conditions improve and EPS expands. Once Nagarro starts executing again, we could see huge upside. It also has an attractive 2.83% forward dividend yield while you wait. This overlooked stock could bounce back in a big way once tech recovers. With its digital engineering expertise spanning AI and analytics, Nagarro is well-positioned for the future. It currently trades at $73, but Gurufocus sees a fair price value of $347 by the end of 2027.



<h2>Aehr Test Systems (AEHR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/10/stocks-to-buy-1600-300x169.jpg" alt="Stocks to buy: smartphone with the words &quot;buy&quot; and &quot;sell&quot; displayed on the screen. The user's finger is about to press buy. Stock charts are in the background of the image. Momentum Stocks. S&amp;P 600 Stocks to Buy. breakthrough stocks. Mario Gabbeli stocks"><div>Source: Chompoo Suriyo / Shutterstock.com</div></div>I have said before that the automotive industry was facing a lot of problems due to rate hikes and the ensuing slump in demand. This has caused companies that have the automotive sector as a big customer source to slump as well. Aehr Test Systems (NASDAQ:<a href="https://investorplace.com/stock-quotes/aehr-stock-quote/">AEHR</a>) is one such company. Aehr Test Systems is a global provider of test systems for burning-in and testing logic, optical, and memory integrated circuits. They specialize in wafer level, and package part form testing. Their systems are used in various sectors including silicon carbide (SiC), gallium nitride (GaN), and optical photonics. Automotive chips are a core part of the company&rsquo;s business and the stock has 79% from its peak in Sep. 2023.



That said, I think AEHR can bounce back in the coming quarters as rates increase and automotive chips come in demand again. Regardless, I would warn that this company does not have the most reliable management. Guidance was cut twice in the past two months and we are looking at growth remaining flat next year as well. Thus, near-term bleeding could happen. But if you look at the long term, AEHR is still a bargain. Once rates are cut and EV sales volumes start rising, multibagger returns aren&rsquo;t out of the question in 24-36 months. It is a profitable company with a <a href="https://www.gurufocus.com/stock/AEHR/summary">21.4% net margin</a>, so it certainly isn&rsquo;t going to zero anytime soon.



<h2>Tech Stocks: Naspers (NPSNY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/02/npsny-stock-1-300x169.jpg" alt="a hand holding a phone displaying the Naspers website"><div>Source: Piotr Swat / Shutterstock.com</div></div>Naspers (OTCMKTS:<a href="https://investorplace.com/stock-quotes/npsny-stock-quote/">NPSNY</a>) is a multinational company operating in the consumer internet industry. It holds investments in classifieds, food delivery, payments and fintech, education, health, and e-commerce. This stock&rsquo;s performance hasn&rsquo;t been as bad as AEHR, but it has been lackluster. The stock has had many ups and downs over the past few years, but it has been essentially flat since 2017.



However, the core fundamentals have been strengthening, and I believe the market is heavily underpricing the stock. Many other analysts agree with me here. This company is <a href="https://seekingalpha.com/symbol/NPSNY/earnings/estimates">expected to see double-digit sales growth</a> moving forward along with EPS bouncing back by 115% this year and growing 14% next year. Moreover, this company has $20 billion in cash against $16.2 billion in debt. The debt load does cause a lot of pain due to interest payments, but as rates come down, this too should turn into a tailwind.



The company has substantial holding in Tencent Holdings (OTCMKTS:<a href="https://investorplace.com/stock-quotes/tcehy-stock-quote/">TCEHY</a>) and other publicly listed, mark-to-market non-operating assets which are also expected to bounce back significantly over the coming years. It also <a href="https://www.gurufocus.com/stock/NPSNY/summary">yields a modest 0.27% dividend</a>. Gurufocus the fair price at $127 by the end of 2026. Its current price is just $34 and I don&rsquo;t see much downside risk from here.



<h2>Ubiquiti (UI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/stocks-to-buy-300x169.jpg" alt='high-growth stocks an image of "Buy" on colorful buttons of the keyboard'><div>Source: Christian Chan / Shutterstock.com</div></div>Ubiquiti (NYSE:<a href="https://investorplace.com/stock-quotes/ui-stock-quote/">UI</a>) is a technology company that manufactures and sells wireless data communication and wired products for enterprises and homes. Their industry-leading products are unified in an incredible software interface with scalable, license-free cloud management. This is another stock that is down significantly but could soon bottom out and deliver significant gains. There are&nbsp;definitely&nbsp;near-term risks here, but if you are chasing big gains in the long run, the near-term downside risk shouldn&rsquo;t matter much.



The company has very good margins and profitability metrics, and the dividend yield is at 2.3%. <a href="https://seekingalpha.com/symbol/UI/earnings/estimates">Growth is expected to restart next year</a>, with EPS bouncing back by 26% and revenue growing by 18.5%. This means you&rsquo;re paying just 13 times the 2025 expected EPS. I believe it can perform much better than analysts expect once the broader telecommunications industry bounces back. Most telecom companies are laden with debt and are busy with interest payments. But once cash frees up post-rate cuts, we should see growth reignite significantly. Gurufocus puts the fair price value for the stock at $309.



<h2>Tech Stocks: Xinyi Solar Holdings (XISHY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/06/best_stocks_to_buy_now_google-300x169.jpg" alt="best investments: a hand using the touchpad on a laptop. a concept image of figures and charts is emerging from the laptop screen. overlooked stocks to buy"><div>Source: Shutterstock</div></div>Xinyi Solar (OTCMKTS:<a href="https://investorplace.com/stock-quotes/xishy-stock-quote/">XISHY</a>) is a photovoltaic glass manufacturer. It specializes in photovoltaic glass production and solar farm development. The company provides photovoltaic glass products to major PV module manufacturers globally. As of December 2023, it had six major photovoltaic glass production bases.



The entire solar sector has been seeing a downturn, but many solar companies are starting to bottom out, and there is a huge growth runway here in the long run. Xinyi has also seen its stock price decline, but I believe it can bottom out and recover soon as its top and bottom lines have continued to grow very fast. Its <a href="https://www.google.com/finance/quote/XISHY:OTCMKTS">top line grew almost 30%</a> for all of 2023. Net margin did decline by 15.4%, but with revenue continuing to grow fast, I expect that to bounce back soon.



Analysts <a href="https://seekingalpha.com/symbol/XISHY/earnings/estimates">expect 26.5% revenue growth this year</a> and 22% growth next year. Paying 11 times earnings seems&nbsp;really&nbsp;cheap as it also has a 4.15% forward dividend yield. Its <a href="https://www.gurufocus.com/stock/XISHY/summary">future 3 to 5-year revenue growth is better than 93% of peers</a>. All it needs right now is a margin recovery.



On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines.</a>
<div>Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on <a href="https://www.linkedin.com/in/omor-ibne-ehsan-56068022b/">LinkedIn</a>.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/7-unknown-tech-stocks-that-could-quintuple-your-money-in-2024/">7 Unknown Tech Stocks That Could Quintuple Your Money in 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

7 Unknown Tech Stocks That Could Quintuple Your Money in 2024

Xinyi Solar Holdings goes ex dividend tomorrow

AEHR

ALGN

DRSHF

DTEC

DXCM

FSLR

GTLB

NGRRF

NPSNY

PYPL

SNPS

TCEHY

XFABF

Xinyi Solar Hldgs

「新エネルギー、2024年上半期の純利益は25％から35％減少」と発表
リー・シー・タ氏
中国は、世界屈指の再生可能エネルギー生産国であるため、新たな太陽光発電所を猛スピードで建設してきた。しかし、急激な太陽光発電所の増設により、中国の多くの太陽光発電所が過剰供給に苦しんでいるとも言われている。
新たな太陽光発電所の建設により、中国の太陽光エネルギー市場が乱立状態にあるため、このグループの中で、太陽光発電所事業に影響を受けるのが新エネルギーホールディングス（3868.HK）である。新エネルギーは、太陽光発電所を専門とする企業グループ・新イーに属する。先月初旬、同社は、2024年上半期の純利益が前年同期比57億ドル（約74億ドル）から25％から35％減少したと<a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2024/0719/2024071901033.pdf">発表した</a>。
新しい太陽光発電所が今年上半期に稼働し、同社の資産基盤と収益ストリームが拡大したことは、同社の業績にもプラスに働いた。しかし、国内の電力インフラの制約により、同社の電力販売の収益性が低下した。同社は、昨年と今年上半期に新しい発電所を買収した後の減価償却費が増加し、さらに、香港ドルに対する中国元の減価が同社の利益基盤を弱体化させたと述べた。
新エネルギーの株価は、この利益警告の発表後の初営業日に4％下落し、0.96香港ドルになりました。これにより、今年2回目で象徴的な1香港ドルを割り込むことになりました。その後、株価は下落を続け、月曜日には 0.90香港ドルで終了しました。
<h3>ガラスメーカーから太陽光発電所運用業者へ</h3>
太陽光発電所事業者として、新エネルギーの売上の大部分は電力の発電から成り立っている。同社は昨年、252億香港ドルの収益を記録し、2022年に比べて8.7％増加した。同期間の利益も2.2％増の99億香港ドルでした。電力販売と補助金収入は、同社の総収益の99.6％を占めている。
新エネルギーの親会社は、中国最大の太陽光発電用光伏ガラスメーカーである新イー（OTC:<a class="ticker" href="https://www.benzinga.com/stock/XISHY#OTC">XISHY</a>）。新イーの創業者であるリ・シャンイ氏は、中国の裕福な事業家の一員と言える。彼は今年、中国の「ガラス王」とも呼ばれている曹徳旺氏と同じ故郷出身です。曹氏は、福建省南部の同じ出身であり、中国の「ガラス王」とも呼ばれる曹氏は、一時は中国国内で最も裕福な人物でした。若い頃にリ氏は福建省から香港に移り、シュワルツェンネッガー氏の自動車部品から取引を始めた後、深センで自社を設立し、自動車ガラス製造に特化しました。
2005年、リ氏は自身のガラスメーカーである新イー・グラス（OTC:<a class="ticker" href="https://www.benzinga.com/stock/XYIGY#OTC">XYIGY</a>）を香港で上場し、8年後には同社のグループ傘下の太陽光発電用光伏ガラス部門新イー・ソーラーを香港で別途上場させた。新イーソーラーは、ガラス製造だけでなく太陽光発電所の建設も始め、その後、これを分社化し、2019年に新エネルギーとして新たに上場しました。
新エネルギーのビジネスモデルは非常にシンプルです。新エネルギーは、新イーソーラーから発電所を買い取り、それを電力の供給者に売却するビジネスです。中国政府は再生可能エネルギー発電所が発電した電力を全て買い取ることを保証しているため、太陽光発電所の運用は、中国国内での「鉄飯碗（鉄のご飯碗）」とも呼ばれる、リスクのないビジネスとして捉えられるようになってきているのだが。
しかし、昨年以降の太陽光発電モジュールの急落とエネルギー貯蔵の価格低下により、新たな発電所の建設は急増。結果として、電力供給が需要を上回る形で市場が氾濫した。
中国の新規太陽光発電設備容量は2023年に前年比55％増の610ギガワットにまでジャンプしました。要するに、昨年の新規設備容量は過去4年間の新規設備容量とほぼ同じになったことを意味しています。ここで大量の新しい容量が追加されると、そのうちの多くが効果的に利用されなくなるということになります。特に、供給と需要の不均衡といった要因があるため、さらには、これによって「電力の放棄」という状態になるということが目下問題になっています。
<h3>増加する電力の放棄率</h3>
以前の中国の規制では、太陽光発電所の放棄率は5％以下である必要があり、利用率は95％以上である必要がありました。今年第1四半期において、中国全体の平均電力放棄率は4％でしたが、これは前年同期比2％増加した数字です。フィッチは、中国の再生可能エネルギーの設置容量が過去最高に達しており、これが今後も放棄率を押し上げる要因になる可能性があると指摘している。
新たな電力供給が急増する中、新しい電力供給に見合った新しいインフラ整備が追いつかないことが、放置された新しい設備が増加し続ける瓶口をより一層大きくする原因になっています。このような状況を踏まえ、中国国務院は2024年5月29日に、再生可能エネルギー発電所の最大許容放棄率を5％から10％に引き上げる新しい規制を発表しました。これはつまり、政府は電力グリッド会社に対し、発電所の設置容量の最大90％までしか買い取らないことを保証するということです。
一方、中国国家エネルギー庁が最新のエネルギー統計データを発表した際、これには再生可能エネルギーを使用する電力生成方法の利用率が含まれていなかったとロイター通信が報じています。ロイター通信は、この変更が、中国国内において太陽光発電所が発電した電力の過剰供給と、それに伴う利用率の低下を示していると推測しています。
中国政府は、再生可能エネルギー生産者からの電力買い取りを保証しているものの、その保証は実際には、価格のみを保証する政策や、量のみを保証する政策のどちらかだけを選択していると言われています。そして、最大許容放棄率の引き上げは、再生可能エネルギー発電で発生した電力を全て買い取るという政府の保証から一歩引いた、ということを意味します。
中国国家発展改革委員会（NDRC）は今年3月、新たな規制を発表し、再生可能エネルギーの買い取りを「保証取得」と「市場取引」の2つに分類しました。前者は、特定の基準価格での購入と同等であり、後者は「電力市場のメンバー」が価格を決定するものです。新規制は、グリッドのセキュリティ、グリッドのメンテナンス、または不可抗力の要因による電力買い取りの失敗が、保証価格カテゴリに含まれない可能性があることを明確に規定しています。
再生可能エネルギーの市場志向型の価格設定と販売システムへの移行は、電力発電会社の収益と利益を不可避的に侵食させることになります。ただし、政府が引き続き補助金を提供し続ける限りは、収益性は依然として可能でしょう。ただ、現在の過剰供給の事態は、今後の短期間で大きな成長を示すことができないという点で問題となっています。
新エネルギーの株価は、現在、約7.3倍の倍率で取引されている。これは、中国日田绿色能源（0956.HK）の6.3倍や<a class="ticker" href="https://www.benzinga.com/stock/0182.HK">Concord New Energy（0182.HK）の5.4倍よりも高い水準にあった。新エネルギーは以前、株主に高配当を支払っていましたが、同社が昨年の中頃に利益が減少したことを受けて、支払割合も縮小しています。2023年の年間配当は1株当たり0.06元で、前年比60.2％減少しました。このことが株価の急落に繋がっており、最新の利益減少が同社の中間配当を新たな低水準に引き下げることがあるとすると、これに失望した投資家が特に売り払いに走る可能性があるでしょう。</a>
この記事は無報酬の外部投稿者によるものであり、Benzingaの報道を代表するものではありません。 また、内容や正確性については編集されていませんのでご留意ください。

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