Palm Oil Stockpiles in Malaysia Seen Surging to 19-Month High
Stockpiles surged almost 10% from a month earlier to 2.23 million tons in July, a fifth month of gains, the median of 12 estimates in the poll of plantation executives, traders and analysts showed.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
13 minutes ago
- Yahoo
Why Apple Stock Lagged the Market on Monday
Key Points A global bank maintained its equivalent of a sell recommendation in a new research note. It enumerated three reasons not to buy the stock. 10 stocks we like better than Apple › An Apple (NASDAQ: AAPL) bear weighed in on the monster tech stock Monday morning, and it seems at least a few investors were taking its latest analysis to heart. They unenthusiastically traded the company's stock that session, weakly pushing it only 0.5% higher. Meanwhile, the benchmark S&P 500 index closed the day 1.5% in positive territory. Barclays is quite the bear In its new Apple take, Barclays reiterated its existing underweight (read: sell) recommendation on the iDevice maker. This, despite enacting a slight raise in its price target to $180 per share from the preceding $173. According to reports, Barclays' continued pessimistic outlook on Apple stems from three key factors. The first is the inherent weakness in the company's foundational hardware business. Growth in such products has been modest, and the bank's analysts pointed out that the seemingly robust growth in the company's just-reported fiscal third quarter was due to factors such as forward purchasing ahead of anticipated tariffs. The second is China, a crucial market for Apple. Barclays believes that intensifying competition will threaten the company's market share in the sprawling Asian nation. Concerned about regulators Finally, the bank is wary about potential regulatory difficulties Apple might have in its Apple Services segment. With increased scrutiny and regulatory action around app marketplaces like the App Store, the company could be hit with rulings that reduce its take from this lucrative revenue stream. Last week, Alphabet's Google suffered a notable legal defeat when its appeal against an unfavorable ruling in a case centered around its Google Play was rejected. Both regulators and courts seem to find the highly advantageous conditions of marketplaces like Google Play and the App Store distasteful. Should you invest $1,000 in Apple right now? Before you buy stock in Apple, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Apple wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Eric Volkman has positions in Apple. The Motley Fool has positions in and recommends Alphabet and Apple. The Motley Fool recommends Barclays Plc. The Motley Fool has a disclosure policy. Why Apple Stock Lagged the Market on Monday was originally published by The Motley Fool 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
Yahoo
13 minutes ago
- Yahoo
Nvidia Pushes Back on China AI Chip 'Backdoor' Fears
Nvidia (NVDA, Financials) is flatly denying Chinese claims that its new H20 AI chip could be used for hidden surveillance. The Cyberspace Administration of China pressed the company for answers after reports of potential backdoor features. Warning! GuruFocus has detected 5 Warning Signs with NVDA. The H20 was built specifically for the Chinese market after the US clamped down on high-end chip exports. It's a toned?down version of the H100 and, Nvidia says, has no tracking hardware. Even with the political drama, demand is strong. Reuters says China recently ordered about 300,000 H20 chips from TSMC. Analysts think Beijing will keep buying while rushing to build its own alternatives from Huawei and others. For now, China's regulator hasn't announced any follow?up action. The chips will likely keep flowing, just under a brighter spotlight. This article first appeared on GuruFocus. 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
Fast Company
15 minutes ago
- Fast Company
4 strategies for launching a successful global capability center
Global capability centers are expanding the specialized operations and expertise of companies in diverse sectors. Many companies started using GCCs as a way to outsource a specific function, such as medical billing or invoicing, to an overseas facility to improve cost savings and efficiency. But over time, leaders have realized that GCCs can provide greater business value when they are designed as 'centers of excellence' staffed by highly skilled talent. 'A GCC is a recent business concept; it's basically a wholly owned subsidiary of a large corporation,' explains Jay Bhatty, CEO and founder of an automation software company serving the oil and gas industry. 'A decade ago, the main goal was cost arbitrage. Companies in the U.S. would create a GCC like a call center to outsource individual functions. But now they are using them for entire groups of functions. IT services, finance, and HR can all operate in one global capability center. GCCs are becoming more common in oil and gas, but they were already popularized in many other industries; for example, banking and technology.' India is home to the majority of GCCs, and the country's footprint is expected to grow in the coming years. By 2030, the market size of India's GCCs is projected to reach $100 billion by 2030, with 2400 GCCs employing over 4.5 million people, a jump from around 1.9 million in 2023. India is a top source of tech talent worldwide, offering a talent pool with both breadth and depth. Companies are using GCCs to support core business functions, led by finance, HR, data management and analytics, and IT, but they are also starting to expand their reach to include areas such as marketing, legal, customer service, and energy, research, and development. Subscribe to the Daily newsletter. Fast Company's trending stories delivered to you every day Privacy Policy | Fast Company Newsletters Bhatty's company operates a GCC in Delhi dedicated to AI research. Around 75 GCC employees focus on how to incorporate AI into suite of client products. 'The labor costs are low, currency exchange rates are favorable, and technology knowledge and labor availability are high,' says Bhatty. 'All of these factors come together. Some companies have even started creating innovation hubs in their GCCs. As visa restrictions in the U.S. have been growing, there is a shortage of skilled talent. A lot of developers come from countries in South Asia, so it helps to source the labor locally, instead of trying to get a visa and getting them to come to the U.S. Setting up innovation hubs in India is also easier because the environment is very business-friendly with incentives for foreign investments.' 4 EXPERT TIPS FOR ESTABLISHING A GCC 1. Define your operating model. Identify your business needs to determine your GCC's focus area. Get clear on what you want the GCC to do for your business and how you will measure success. 'Have a good idea of what your operating model will be,' says Bhatty. 'Is it focused on innovation or software development or R&D? Or do you want it to do all your back-office processing? You may have your U.S. employees doing administrative tasks when they can be done better, cheaper, faster in a GCC. You can set up a GCC in one country for all your business units, and it can serve all of your offices all over the world in one centralized place.' advertisement 2. Be aware of the challenges. Creating an effective extension of your organization—with a new office in a new country—is no small feat. Research the geographic area and business function area extensively before getting too far into the project. Talk to other leaders who have started GCCs in the same region. Understand the common obstacles you're likely to encounter. 'While the Indian regulatory system is favorable, and there's a lot of labor available, there are still issues to deal with when you're running a business unit outside of your country,' says Bhatty. 'Compliance complexities, language barriers, company registration. All of that is time consuming. Talent retention is also a challenge because, as more GCCs are set up, you are competing with other companies for the same workers.' 3. Enlist local expertise. The DIY approach might seem more cost-effective at first glance, but it's crucial to calculate the total costs—time and money—of setting up a GCC. Consider working with a local service provider that can help your company find an office space, navigate bureaucracy, and recruit talent. 'Setting up our GCC was a bigger challenge than I expected,' says Bhatty. 'A lesson learned is that trying to do it yourself might take longer and be more costly in the long run. Local service companies are very knowledgeable about the area and can advise you on where to site your GCC—location is so important in choosing real estate. They will expedite paperwork, secure furniture and supplies, and get your internet connection set up. Some of the government regulations are cumbersome, and you may not be familiar with them. There may also be cultural and language barriers. These people can help you find English-speaking talent or translators.' 4. Prioritize people management. A GCC is only as effective as the people who operate it. Make people management your top priority. Put the right people in place to recruit, train, develop, and lead your GCC team. Create service-level agreements that formalize expectations for tasks and timelines. For example, you may require your GCC employees in India to send deliverables by 9 a.m. Eastern time for the team working out of your U.S. headquarters. 'Managing a GCC is like managing a separate company,' says Bhatty. 'Hiring, retention, and training can be challenging because many employees aren't initially well-versed on how business is done by American corporations. But after COVID, the workforce really became global. Companies figured out that people can work from other countries with people in different countries, despite the time difference. GCCs are proving that this model works, and that's why it's accelerating.'
