
Xi Wonders If All Chinese Provinces Need to Flood Into AI, EVs
'When it comes to launching new projects, it's always the same few things: artificial intelligence, computing power, new-energy vehicles,' Xi said in a meeting in Beijing this week in which officials also discussed the property sector.
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Jim Cramer on Advanced Micro Devices: 'It's Going in the Right Direction'
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the stocks that Jim Cramer shed light on. A caller asked if Cramer thinks CEO Lisa Su can take the company to a trillion-dollar market cap, and he replied: 'I don't know, but it's going in the right direction. I mean, they obviously have now good GPUs. There's a GPU shortage everywhere. Stock's had a real big run off the bottom. I do think it could have a pullback, but I do think that she's got what it takes to be able to take that stock much higher.' Advanced Micro Devices (NASDAQ:AMD) is a global semiconductor company that designs and supplies microprocessors, graphics cards, chipsets, and embedded processors. On June 9, Cramer remarked: 'So traders say if I can't make money after Broadcom reporting a great quarter, the playbook says time to move into the lower quality, cheaper stocks that are less likely to disappoint or should never have been down to begin with. I understand the sentiment, but the problem is that these stocks have already rallied pretty hard, too…I saw some upgrades for AMD…. They've moved, especially AMD by the way, on speculation it might be involved with any China deal. Rare earth materials for us, AMD chips for them. While we acknowledge the potential of AMD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Se produjo un error al recuperar la información Inicia sesión para acceder a tu portafolio Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información
Yahoo
16 minutes ago
- Yahoo
Toyota, Honda, Nissan stocks soar on trade pact as Big 3 say it's a 'bad deal'
Toyota (TM), Honda (HMC), and Nissan (NSNHF) stocks surged on Wednesday morning on confirmation that the Trump administration and Japanese government struck a trade deal. 'We just completed a massive Deal with Japan, perhaps the largest Deal ever made,' President Trump announced on Truth Social on Tuesday night. Trump added Japan would pay a 'reciprocal' tariff on imports of 15%, as well as invest $550 billion into the US 'at my direction,' Trump said, without further elaboration. Per Reuters, Japan's Prime Minister Shigeru Ishiba confirmed that auto tariffs will be lowered to 15% from the current 25% auto sector tariffs as part of the deal. By comparison, prior to Trump's imposition of sector auto tariffs, Japanese car imports were subject to only 2.5% tariffs. Read more: The latest news and updates on Trump's tariffs Despite this, clarity on a trade deal and a 'reduction' in auto tariffs of essentially 10% have Japanese automaker stocks soaring, with US-listed Honda shares hitting a new 52-week high. Spokespersons for Honda and Nissan did not immediately respond when reached for comment. A Toyota spokesperson said the company had no official comment at this time. The deal is a big accomplishment of the Japanese government and Ishiba, as automobile exports to the US make up nearly 30% of Japan's global auto exports, with the auto sector in general a significant part of the Japanese economy. While news of a trade deal with Japan is boosting the auto sector at large on hopes of trade deals with other countries, Detroit's Big Three automakers — General Motors (GM), Ford (F), and Stellantis (STLA) — aren't pleased. 'Any deal that charges a lower tariff for Japanese imports with virtually no US content than the tariff imposed on North American-built vehicles with high US content is a bad deal for US industry and US auto workers,' Matt Blunt of the American Automotive Policy Council (AAPC), a trade group representing the Big Three, said to Automotive News. Read more: What Trump's tariffs mean for the economy and your wallet Blunt and the AAPC argue that autos compliant with the United States-Mexico-Canada Agreement (USMCA) that are made in Canada and Mexico, where the Big Three have large operations, currently face 25% auto sector tariffs, with certain exclusions given for USMCA-compliant parts. In addition, auto parts made in the two countries face 25% tariffs. In addition, Trump threatened to hike tariffs on Mexico to 30% and Canada to 35% on Aug. 1, though it is unclear if those heightened duties would affect autos. Ford CEO Jim Farley has argued in the past that if Trump strikes a similar deal with Korea, for example, it would again reward those automakers who make only some of their vehicles in the US and North America and punish domestic automakers who build in Mexico and Canada. Ford and Farley will give investors an updated statement on the tariff situation when the company reports second quarter earnings on July 30. On Tuesday GM reported Q2 earnings took a $1.1 billion hit due to Trump's tariffs, and Stellantis revealed on Monday that it lost $2.7 billion in the first half of the year due to a combination of lagging sales and tariffs. Pras Subramanian is the lead auto reporter for Yahoo Finance. You can follow him on X and on Instagram. Sign in to access your portfolio
Yahoo
16 minutes ago
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Infosys (INFY) Delivers $19,277 million in Revenues in FY 2025
Infosys Limited (NYSE:INFY) is one of the Best Indian Stocks to Buy for Next 5 Years. In FY 2025, the company delivered $19,277 million in revenues, reflecting a rise of 4.2% in constant currency. Infosys Limited (NYSE:INFY)'s performance for the year remained robust in terms of revenues, expansion in operating margins, and the highest-ever free cash generation. Moving forward, the company's depth in AI, cloud, and digital, and its strength in cost efficiency, automation, and consolidation place it well. A programmer typing on a laptop, highlighting the cutting edge software engineering solutions provided by the company. Infosys Limited (NYSE:INFY) announced the expansion of its collaboration with Siemens AG in a bid to accelerate Siemens AG digital learning initiatives with Gen AI. For FY 2025, Infosys Limited (NYSE:INFY)'s FCF was the highest ever at $4.1 billion, reflecting an increase of 42% YoY. Notably, the FCF as a percentage of net profit for the financial year stood at 129%. The company expects FY 2026 FCF to be more than 100% of net profit. Infosys Limited (NYSE:INFY) highlighted that, because of recent tariff announcements, client budgets are expected to be tightened, while there remains an increased caution. Decision cycles have been getting stretched with respect to discretionary spend and large deals. Throughout the geos, there remains an increased focus on AI, cloud, estate modernization, cost takeout, and investments in core tech capabilities. Headquartered in Bengaluru, India, Infosys Limited (NYSE:INFY) provides consulting, technology, outsourcing, and digital services. While we acknowledge the potential of INFY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data