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Under Armour, Inc. has received a Buy rating from UBS. The company specializes in developing, marketing, and distributing branded athletic performance apparel, footwear, and accessories for men, women, and youth across four geographic segments: North America, EMEA, Asia-Pacific, and Latin America. Its products are sold through various channels, including wholesale, direct-to-consumer, and e-commerce platforms.
High-net-worth investors in Asia are shifting away from dollar-based assets, diversifying into crypto, gold, and Chinese equities as global trade tensions ease. The U.S.-China tariff war highlighted the need for diversification, prompting a renewed interest in Bitcoin and commodities as safer, inflation-resistant investments. With regulatory clarity improving in key Asian markets, digital assets are increasingly viewed as essential components of a robust investment strategy.
Keppel and Huawei have formed a strategic partnership to develop renewable energy solutions across Southeast Asia, focusing on solar and energy storage technologies. Their collaboration aims to enhance decarbonization efforts in data centers and industrial parks, starting with a demand response program in Singapore that integrates energy storage with digital technology. This initiative supports Singapore’s Green Plan 2030 and aligns with global sustainability targets, as both companies plan to expand their efforts into broader regional markets.
Barclays has raised Sea Ltd's price target to $200, maintaining an Overweight rating, following strong first-quarter results driven by Shopee's 21.5% GMV growth and significant EBITDA margin expansion. Analysts project all three main business segments—Shopee, Monee, and Garena—will generate over $1 billion in profits by 2025, despite mixed ratings from other firms amid a cautious macroeconomic outlook.
Huawei Cloud's 2025 Asia Pacific Partner Conference in Thailand gathered over 400 partners to discuss AI's role in enterprise transformation. The company aims to enhance its AI-native cloud services and support local partners through initiatives like the Partner Sales Acceleration Program 2.0 and the Industry Deep-Dive Initiative, focusing on sectors such as finance and telecommunications. With significant growth in operations and a commitment to ecosystem development, Huawei Cloud is poised to drive digital transformation across the region.
Huawei Cloud is advancing its AI ecosystem in Asia Pacific through the integration of multimodal large language models and a focus on collaboration with over 2,500 local partners. The company aims to enhance AI technology innovation and solution development, particularly for SMEs, by launching initiatives like the Industry Deep-Dive Initiative and the Partner Sales Acceleration Program 2.0. With a commitment to building a robust digital ecosystem, Huawei Cloud emphasizes the importance of a partner-driven approach to unlock growth and meet the increasing demand for AI solutions.
Deutsche Bank has lowered its price target for Fortrea Holdings Inc. to $7 from $12 while maintaining a hold rating. Fortrea is a global contract research organization that offers clinical development solutions, including biopharmaceutical and medical device services, with operations in key markets worldwide. The company provides a range of clinical trial management and consulting services through flexible delivery models.
Huawei Cloud is enhancing its infrastructure to support AI workloads, with plans for new cloud regions in Hong Kong and Singapore. The company emphasizes collaboration with over 45,000 global partners to drive AI adoption and innovation, while launching initiatives like the APAC AI Pioneer Plan to tailor solutions to regional needs. With a focus on ecosystem growth, Huawei Cloud aims to co-develop industry-specific applications and improve service delivery across Asia Pacific.
Societe Generale acquired a 2.01% stake in KFin Technologies Ltd. by purchasing 34.47 lakh shares at Rs 1,040 each, totaling approximately Rs 358.49 crore. This transaction occurred as General Atlantic Singapore Fund sold a 9.98% stake, valued at Rs 1,758.1 crore. KFin Technologies' shares closed 5.81% lower at Rs 1,052.90, despite a 39.56% increase over the past year. Among 16 analysts, 10 recommend a 'buy', with an average 12-month price target suggesting a potential upside of 21.5%.
Entegris, Inc. (NASDAQ: ENTG) reported a 26.65% decrease in insider ownership, with only 0.67% held by company insiders. The semiconductor firm announced a quarterly dividend of $0.10, yielding 0.52%, and has a market cap of $11.55 billion. Despite a slight year-over-year revenue increase, the company missed earnings expectations, reporting $0.67 EPS against a consensus of $0.69. Analysts maintain a "Moderate Buy" rating, with a consensus target price of $113.00.
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Under Armour receives buy rating from UBS amid global expansion efforts
08:25 15.05.2025
high-net-worth investors shift from dollar to crypto and gold in asia
13:27 14.05.2025
Keppel and Huawei forge partnership to advance renewable energy in Asia
12:30 14.05.2025
Barclays raises Sea Ltd price target amid strong growth across business segments
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huawei cloud partners with apac firms to advance ai native solutions
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10:20 14.05.2025
huawei cloud fosters ai ecosystem growth through partnerships and innovation
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10:16 14.05.2025
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15:00 13.05.2025
huawei cloud outlines ai strategy and ecosystem growth at partner conference
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13:36 13.05.2025
societe generale acquires 2 percent stake in kfin technologies through bulk deal
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entegris reports earnings miss and announces quarterly dividend amid stock decline
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