Latest news with #marketchallenges
Bloomberg
2 days ago
- Business
- Bloomberg
Markets Fundamentals Strong: Ten Cap's Jun Bei Lu
Ten Cap Co-Founder and Lead Portfolio Manager Jun Bei Lu speaks on Bloomberg TV about the challenges facing equity investors in the coming 6 months. (Source: Bloomberg)
Bloomberg
13-06-2025
- Business
- Bloomberg
CATL Shares Clouded by Bleak Outlook After Mega Hong Kong Debut
Contemporary Amperex Technology Co. Ltd. has received little love following its splashy $5.2 billion listing in Hong Kong last month, as investors eye multifold challenges in the global EV battery market. Shenzhen-listed shares are down nearly 9% from a high in May, weighed by concerns over heightened competition in China's market, US tariff threats and slowing demand. The Hong Kong stock remains 18% above its listing price, though there are large wagers on a decline.
Yahoo
26-05-2025
- Business
- Yahoo
Raymond James Financial Downgrades Reinsurance Group of America (RGA) Stock
On May 23, Raymond James Financial downgraded Reinsurance Group of America, Incorporated (NYSE:RGA)'s stock from 'Strong Buy' to 'Market Perform' and reiterated its price target of $202.89. The change in the rating comes as a result of worries related to increased competition and market challenges encountered by the company. An individual signing the dotted line for a life insurance policy. The firm believes that Reinsurance Group of America, Incorporated (NYSE:RGA), which offers reinsurance and financial solutions, continues to face increased competition for in-force blocks and pension risk transfers (PRTs), impacting the outlook on the company's stock. Furthermore, the firm also expressed its concerns related to the temporary pause in the US jumbo pension risk transfer market and diminishing returns on the UK buy-in PRTs. Collectively, such factors have been contributing to the less optimistic view of Reinsurance Group of America, Incorporated (NYSE:RGA)'s future earnings potential. However, the company's Q1 2025 results were strong, and its traditional business performed particularly well, with its biometric claims experience remaining favorable across all the geographic segments. While there are macro uncertainties, Reinsurance Group of America, Incorporated (NYSE:RGA) expects an attractive pipeline for organic new business and in-force transactions, with a healthy balance between them. In Q1 2025, the company's consolidated net premiums came in at $4.0 billion, reflecting a decline of 25% YoY, with an adverse net foreign currency effect to the tune of $60 million. While we acknowledge the potential of RGA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RGA and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None.
