FountainVest Seeks $1.32 Billion in Arc'teryx Maker Share Sale
Affiliates of FountainVest Partners are offering 35 million shares of Amer for $37.20 to $37.73 each, according to terms of the deal seen by Bloomberg News. The buyout firm was part of a consortium that acquired Amer for $5.2 billion in a deal completed in 2019.
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New York Times
an hour ago
- New York Times
Trump Wants the World to Squeeze Out China. He's Starting With Vietnam.
In his first term, President Trump forced companies to kick their dependence on China. Now he is pressing countries to squeeze China out of their supply chains. A preliminary trade pact between Vietnam and the United States announced on Wednesday is the most significant step so far toward that goal. Although the details are sparse, Vietnamese exports to the United States will face a 20 percent tariff, less than a much higher rate that Mr. Trump had threatened. But notably, the deal would put a 40 percent tariff on any export from Vietnam classified as a transshipment, or goods that originated in another country and were merely passed through Vietnam. The penalty aims at China, which has used Vietnam and neighboring countries to circumvent American tariffs on its goods. And it could become a feature of U.S. trade deals with other Southeast Asian governments as they try to avert sky-high tariffs that take effect on Wednesday. Mr. Trump's trade negotiators are pushing Vietnam's export oriented neighbors like Indonesia to reduce how much Chinese content is in their supply chains. They are asking the government of Thailand to screen incoming foreign investment, hoping to stop Chinese businesses from moving into the country. They are even pressuring some countries to consider export controls of technology like semiconductors. 'The Trump administration is saying, 'We need to see strategic decoupling if you are going to be a trade partner with the U.S.,'' said Steve Okun, chief executive of APAC Advisors, a geopolitical consulting firm. 'The question is, will countries agree to that?' Want all of The Times? Subscribe.
Yahoo
an hour ago
- Yahoo
Is WisdomTree India Earnings ETF (EPI) a Strong ETF Right Now?
The WisdomTree India Earnings ETF (EPI) made its debut on 02/22/2008, and is a smart beta exchange traded fund that provides broad exposure to the Asia-Pacific (Emerging) ETFs category of the market. Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy. A good option for investors who believe in market efficiency, market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns. If you're the kind of investor who would rather try and beat the market through good stock selection, then smart beta funds are your best choice; this fund class is known for tracking non-cap weighted strategies. Non-cap weighted indexes try to choose stocks that have a better chance of risk-return performance, which is based on specific fundamental characteristics, or a mix of other such characteristics. This area offers many different investment choices, such as simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies; however, not all of these strategies can deliver superior results. The fund is sponsored by Wisdomtree. It has amassed assets over $3.39 billion, making it one of the largest ETFs in the Asia-Pacific (Emerging) ETFs. This particular fund, before fees and expenses, seeks to match the performance of the WisdomTree India Earnings Index. The WisdomTree India Earnings Index is a fundamentally weighted index that measures the performance of companies incorporated and traded in India that are profitable and that are eligible to be purchased by foreign investors as of the index measurement date. Weighted Index based on their earnings in their fiscal year prior to the Index measurement date adjusted for foreign investors. When considering an ETF's total return, expense ratios are an important factor. And, cheaper funds can significantly outperform their more expensive cousins in the long term if all other factors remain equal. Operating expenses on an annual basis are 0.87% for EPI, making it one of the most expensive products in the space. It has a 12-month trailing dividend yield of 0.25%. ETFs offer diversified exposure and thus minimize single stock risk, but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis. When you look at individual holdings, Us Dollaraccounts for about 207.23% of the fund's total assets, followed by Wt India Investment Portfolio Inc and Reliance Industries Ltd (RIL). Its top 10 holdings account for approximately 296.21% of EPI's total assets under management. The ETF has gained about 4.82% and is down about -2.5% so far this year and in the past one year (as of 07/03/2025), respectively. EPI has traded between $40.08 and $50.82 during this last 52-week period. EPI has a beta of 0.51 and standard deviation of 15.47% for the trailing three-year period, which makes the fund a medium risk choice in the space. With about 535 holdings, it effectively diversifies company-specific risk . WisdomTree India Earnings ETF is a reasonable option for investors seeking to outperform the Asia-Pacific (Emerging) ETFs segment of the market. However, there are other ETFs in the space which investors could consider. Franklin FTSE India ETF (FLIN) tracks FTSE INDIA CAPPED INDEX and the iShares MSCI India ETF (INDA) tracks MSCI India Total Return Index. Franklin FTSE India ETF has $2.34 billion in assets, iShares MSCI India ETF has $10.09 billion. FLIN has an expense ratio of 0.19% and INDA changes 0.62%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Asia-Pacific (Emerging) ETFs To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WisdomTree India Earnings ETF (EPI): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Forbes
an hour ago
- Forbes
Soundhound AI: SOUN Stock To $20?
CHONGQING, CHINA - FEBRUARY 23: In this photo illustration, the SoundHound AI logo is displayed on a ... More smartphone screen, with the company's latest stock market performance and candlestick charts visible in the background, highlighting SoundHound AI's real-time financial trends, stock price fluctuations, market volatility, and investment developments within the artificial intelligence, voice recognition, and technology sectors, on February 23, 2025 in Chongqing, China. (Photo by) SoundHound AI (NASDAQ: SOUN) witnessed an incredible increase in 2024, rising from $2 to $24—a twelvefold surge. Although the stock has retracted in early 2025, currently down around 55% from its 52-week peak of $25, several factors could propel it back to its former highs, indicating a possible doubling from today's levels. SoundHound's financial path illustrates clear acceleration. The company has shown significant revenue growth in recent years, with a three-year average growth rate of 69%. Even more impressively, Soundhound's revenues have doubled in the past 12 months, increasing from $51 million to $102 million. This accelerated growth is highlighted by its latest quarterly revenues, which jumped by 151.2% year-over-year to $29 million, up from $12 million. Looking forward, management anticipates 2025 revenue between $157 million and $177 million, representing nearly 100% year-over-year growth. This updated guidance reflects robust confidence in the demand for voice AI solutions across various sectors. SoundHound's consistent capability to surpass and adjust guidance showcases its operational execution during this pivotal growth period. Additionally, if you are looking for upside with less volatility than investing in solitary stocks, the Trefis High-Quality portfolio offers an alternative—having outperformed the S&P 500 and produced returns exceeding 91% since its inception. Also, take a look at – UnitedHealth: Buy Or Sell UNH Stock At $325? Key Growth Drivers SoundHound's prospective growth relies on its strategic positioning and recent advancements in significant markets. The automotive industry represents SoundHound's largest opportunity. The company has established important partnerships with major manufacturers, which include Mercedes-Benz, Hyundai, Kia, and various Stellantis brands like DS Automobiles, Peugeot, Opel, and Vauxhall. In 2025, SoundHound considerably broadened its automotive footprint with a wider deployment of its Chat AI to other Stellantis brands, including Alfa Romeo and Citroën, in various European markets. In February 2025, SoundHound launched 'Brand Personalities,' enabling car manufacturers to personalize their voice assistants' personas. A significant partnership with Tencent Intelligent Mobility was revealed in April 2025, incorporating SoundHound's AI into Tencent's cloud solutions for global automotive brands. This expansion coincides with the rapidly growing automotive voice AI market, as manufacturers aim to enhance user experiences. Furthermore, research from June 2025 indicated a potential annual opportunity of $35 billion for automakers through in-car voice commerce, which allows features such as ordering food and other services directly from the vehicle. As the automotive voice AI sector grows quickly and manufacturers seek to stand out through improved user experiences, SoundHound's proven integration capabilities position it to seize a considerable market share. SoundHound's partnership with NVIDIA emphasizes its dedication to state-of-the-art development. This collaboration concentrates on edge solutions that facilitate improved Voice Generative AI experiences directly within vehicles, potentially lowering latency and enhancing user satisfaction. These technological partnerships validate SoundHound's strategy and provide access to advanced computing resources essential for next-generation voice AI applications. SoundHound's acquisition of Amelia in August 2024 greatly augmented its enterprise presence. Amelia contributes established customer service contracts across finance, insurance, retail, and healthcare sectors, supplying immediate revenue diversification and access to numerous enterprise brands. The integration has already produced results: Amelia AI agents have handled over 100,000 customer calls for Apivia Courtage, resulting in nearly a 20% reduction in inbound inquiries. This illustrates the technology's real-world effectiveness and revenue potential. Path to Doubling: The Upside Scenario For SOUN shares to double from current levels, the company would need to achieve: Currently priced at $11, SOUN has a price-to-sales (P/S) ratio of 40x based on its trailing twelve-month revenue. If SoundHound's revenues were to triple from $85 million in 2024 to an estimated $250 million in 2027, the P/S multiple would decline to 16x if the stock price remained stable, correct? But that's what Soundhound's investors hope will not occur! Rather than the P/S ratio decreasing to 16x, a more modest contraction, perhaps to around 30x, seems more likely if revenues grow significantly. While a 30x revenue multiple may appear steep, certain leading AI sectors, especially those viewed as 'transformative,' can command considerably higher valuations. At 30 times price-to-sales, SOUN's stock price could reach about $20, representing nearly a 2x increase from current levels. The reasoning is straightforward: as revenues expand drastically, even with some multiple compression, the absolute stock price should rise significantly. Risks to Consider While the potential for upside is enticing, SoundHound's ability to achieve 2x growth encounters several key risks: The Verdict While short-term volatility might endure, SoundHound's strategic positioning in high-growth voice AI sectors, combined with accelerating revenue momentum and expanding partnerships, offers a persuasive case for significant upside potential over the next 2–3 years. However, investors should approach with a clear awareness of the risks. Elevated valuations, competitive challenges, and the stock's track record of heightened volatility during market downturns are genuine concerns that could affect returns. Now, we implement a risk assessment framework while constructing the Trefis High Quality (HQ) Portfolio which, consisting of 30 stocks, has a history of comfortably outperforming the S&P 500 over the past four years. Why is that? As a collective, HQ Portfolio stocks have yielded better returns with reduced risk compared to the benchmark index; it's been less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.
