Japan's Kato Says Domestic Reform the Best Way to Fix Imbalances
'Japan said that tariffs aren't really the right tool to fix excessive current accounts imbalances,' Kato told reporters Thursday. US Treasury Secretary Scott Bessent did not attend the gathering.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Wall Street Journal
30 minutes ago
- Wall Street Journal
The Hottest Business Strategy This Summer Is Buying Crypto
It's the hottest trade of the summer. Companies are raising tens of billions of dollars, not to invest in their businesses or hire employees, but to purchase bitcoin and more obscure cryptocurrencies. A Japanese hotel operator, a French semiconductor manufacturer, a Florida toy maker, a nail-salon chain, an electric-bike maker—they're all plowing cash into tokens, helping to send all kinds of digital currencies to record levels. News that a new company plans to buy crypto is enough to send its shares flying—spurring others to consider joining the frenzy.
Yahoo
an hour ago
- Yahoo
Why Yeti Stock Surged Higher This Week
Key Points Analysts seem to be optimistic about Yeti's potential over the next year. The company is benefitting from higher web traffic and even had a newer product go viral on TikTok. With the tariff situation in the U.S. somewhat calmer now, Yeti may see further upside in profitability this year. 10 stocks we like better than Yeti › Shares of outdoor lifestyle brand Yeti (NYSE: YETI) rose 7% this week as of 1 p.m. E.T. Thursday, according to data provided by S&P Global Market Intelligence. The main impetus for this increase stems from a Citigroup analyst raising their price target on the company from $36 to $44, implying roughly 16% upside. However, the company's share price also appears to be rising due to an unexpected use case for one of Yeti's products. Yeti: One red flag and three green flags First, the bad news. The Citi analyst believes Yeti's web traffic dipped in the second quarter compared to its drinkware peers. However, Citi's analysis shows that overall web traffic to Yeti's site continues to grow. As the company looks to expand beyond drinkware, which currently accounts for 59% of sales, this rising traffic to Yeti's new product categories appears promising. One product contributing to this outsize web traffic for Yeti is its Camino 35 Carryall Tote. Typically used for hiking, fishing, camping, or beach-going activities, the tote went viral on TikTok after being repurposed as the "ultimate mom bag." A Jefferies analyst noted that online searches for the tote increased 12-fold over the last month. When I wrote about Yeti back in April, I said that growing new product categories would be essential for the company -- and this recent development could be a great start in doing so. In addition to these promising news items, both analysts believe there could be upside in Yeti's upcoming earnings report, thanks to a slightly less chaotic tariff situation now. Initially, Yeti believed its cost of goods may rise by $100 million due to new tariffs, but a deal between the U.S. and China could reduce this figure. Should you buy stock in Yeti right now? Before you buy stock in Yeti, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Yeti 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 $634,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,799!* Now, it's worth noting Stock Advisor's total average return is 1,037% — a market-crushing outperformance compared to 182% 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 July 21, 2025 Citigroup is an advertising partner of Motley Fool Money. Josh Kohn-Lindquist has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Jefferies Financial Group. The Motley Fool recommends Yeti. The Motley Fool has a disclosure policy. Why Yeti Stock Surged Higher This Week was originally published by The Motley Fool Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
an hour ago
- Yahoo
Group 1 Automotive, Inc. (GPI): A Bull Case Theory
We came across a bullish thesis on Group 1 Automotive, Inc. Stock Analysis Compilation's Substack. In this article, we will summarize the bulls' thesis on GPI. Group 1 Automotive, Inc. 's share was trading at $414.63 as of June 22nd. GPI's trailing and forward P/E were 11.57 and 10.06 respectively according to Yahoo Finance. Group 1 Automotive, Inc. is an internationally diversified automotive retailer with operations in the U.S. and U.K., built on disciplined growth, operational excellence, and a portfolio concentrated in luxury and import brands. The company's strategy emphasizes methodical consolidation through acquiring well-run dealerships at attractive prices and enhancing their performance via scale and operational expertise, creating a resilient and compounding enterprise in a fragmented industry. Its U.K. operations serve as a profitable differentiator and natural hedge against regional economic fluctuations, allowing management to allocate capital dynamically across markets. A core strength is its focus on luxury and import brands, which draw affluent, loyal customers and support a high-margin parts and service business. This segment functions as a stable, annuity-like revenue stream less exposed to the cyclicality of new vehicle sales, underpinning the company's operational stability. Group 1 also invests in digital innovation, exemplified by its AcceleRide platform, enabling customers to complete vehicle purchases entirely online—a critical capability in today's evolving retail landscape. A disciplined financial approach, underpinned by prudent capital management and a strong balance sheet, affords the flexibility to pursue accretive acquisitions while returning capital to shareholders. Management's proven track record and deep industry expertise reinforce confidence in its strategy, which balances external expansion with continuous operational improvement. By combining geographic diversification, a favorable brand mix, and a resilient service-driven revenue model, Group 1 Automotive stands as a best-in-class consolidator positioned for sustained, durable growth and long-term shareholder value creation in an evolving global automotive retail environment. Previously we covered a bullish thesis on Lithia Motors, Inc. (LAD) by Chit Chat Stocks in May 2025, which highlighted its disciplined roll-up model, focus on high-margin services, and significant consolidation runway in the fragmented auto dealership market. The stock has appreciated about 6.25% since then as the thesis played out. The thesis still stands, while Stock Analysis Compilation emphasizes Group 1 Automotive's international diversification and luxury-brand focus. Group 1 Automotive, Inc. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 38 hedge fund portfolios held GPI at the end of the first quarter which was 36 in the previous quarter. While we acknowledge the potential of GPI 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: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None.
