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26 minutes ago
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Japan tech giant SoftBank Group sees better fortunes on surging AI stocks
TOKYO (AP) — Japanese technology conglomerate SoftBank Group Corp. posted a 421.8 billion yen ($2.9 billion) profit in the April-June quarter, rebounding from a loss a year earlier as its investments benefited from the craze for artificial intelligence. Quarterly sales at Tokyo-based SoftBank Group, which invests heavily in AI companies like Nvidia and Open AI, rose 7% to 1.8 trillion yen ($12 billion), the company said Thursday. SoftBank's loss in April-June 2024 was 174 billion yen. The company's fortunes tend to fluctuate because it invests in a range of ventures through its Vision Funds, a move that carries risks. The group's founder Masayoshi Son has emphasized that he sees a vibrant future in AI. SoftBank has also invested in Arm Holdings and Taiwan Semiconductor Manufacturing Co. Both companies, which produce computer chips, have benefitted from the growth of AI. 'The era is definitely AI, and we are focused on AI,' SoftBank senior executive Yoshimitsu Goto he told reporters. 'An investment company goes through its ups and downs, but we are recently seeing steady growth.' Some of SoftBank's other investments also have paid off big. An example is Coupang, an e-commerce company known as the 'Amazon of South Korea,' because it started out in Seoul. Coupang now operates in the U.S. and other Asian nations. Goto said preparations for an IPO for PayPay, a kind of cashless payment system, were going well. The company has already held IPOs for Chime, a U.S. 'neobank' that provides banking services for low-credit consumers, and for Etoro, a personal investment platform. ___ Yuri Kageyama on Threads:
Yahoo
26 minutes ago
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Second-hand Homeware Market Trends and Growth Drivers 2025-2034 - Top Companies Transforming the Industry with AI and Strategic Partnerships
Surge in Conscious Consumerism Drives Growth in Second-Hand Homeware Market Amid Sustainability Trends and Digital Innovation Second-hand Homeware Market Dublin, Aug. 07, 2025 (GLOBE NEWSWIRE) -- The "Second-hand Homeware Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034" has been added to offering. The Global Second-Hand Homeware Market was valued at USD 29.9 billion in 2024 and is estimated to grow at a CAGR of 5.5% to reach USD 50.9 billion by 2034. This upward trajectory reflects a transformative shift in consumer behavior, driven by growing awareness of environmental concerns and a push toward sustainable living. As shoppers worldwide become more mindful of their ecological footprint, they're turning to second-hand options as a meaningful way to reduce waste and extend the lifecycle of products. The appeal of pre-owned homeware lies not only in its affordability but also in its character, uniqueness, and contribution to circular consumption. Consumers today are more conscious than ever of how their purchases impact the environment and intentionally seek products aligning with a greener lifestyle. With inflation and economic uncertainties shaping buying habits, second-hand home furnishings offer a budget-friendly alternative without compromising style or quality. Vintage designs, high-quality craftsmanship, and the thrill of discovering one-of-a-kind items make this market segment especially appealing to both millennials and Gen Z buyers who value authenticity and sustainability. The shift toward minimalism, combined with the influence of social media aesthetics and home styling trends, further fuels the desire for curated second-hand pieces that enhance living spaces while supporting eco-conscious values. Digital platforms are playing a key role in propelling this market forward by simplifying the buying and selling process with intuitive interfaces, secure payment systems, and streamlined logistics. Buyers favor platforms that deliver quick access to listings, reliable delivery options, and seamless customer experiences. The convenience factor and the desire to make responsible purchasing decisions make online marketplaces the preferred choice for many. As lifestyles become increasingly flexible, especially in urban environments, consumers lean into temporary, adaptable, and cost-effective furniture solutions. This has led to a growing reliance on second-hand goods to furnish homes, apartments, and rentals without the high costs associated with new products. In 2024, the furniture category led the second-hand homeware market, generating USD 13.2 billion in revenue, and is projected to expand at a CAGR of 5.8% through 2034. Furniture remains a standout performer due to strong consumer interest in items built to last and visually distinctive. There's a rising appreciation for vintage aesthetics and well-made pieces such as sofas, tables, beds, chairs, and storage units. Buyers actively seek furniture that brings a sense of personality into their living spaces, with the added benefit of reducing their environmental impact. The emphasis on quality over quantity and the desire for unique, story-rich homeware have created a thriving marketplace for reused goods. The market is segmented by product condition into used and new (unused), with used items continuing to dominate. In 2024, used homeware held a 71.3% market share and is expected to grow at a CAGR of 5.5% through 2034. Consumers gravitate toward gently used pieces to save money and align with a growing commitment to sustainability and intentional consumption. Retailers and platforms are responding by launching certified pre-owned programs, encouraging trade-ins, and providing resale-friendly policies. These initiatives extend the lifespan of household items and support the broader movement toward waste reduction and responsible sourcing. The United States Second-Hand Homeware Market generated USD 8.7 billion in 2024 and is forecast to grow at a CAGR of 5.8% through 2034. The trend is especially prominent in major urban areas, where space constraints and fast-paced lifestyles demand affordable, compact, and multi-functional furniture. The rise of short-term rentals, mobile living, and digital nomadism has led to an increased reliance on local resale platforms and online marketplaces. These tools give consumers convenient, low-cost access to quality homeware, supporting the local circular economy while helping reduce landfill waste. Leading companies shaping the global second-hand homeware space include Wayfair, Mercari, Letgo, AptDeco, Rejuvenation, Kaiyo, The RealReal, Goodwill Industries International, eBay, OfferUp, Vinterior Group, Chairish, 1stDibs, IKEA Retail, and Trove Marketplace. These businesses leverage strategic partnerships with retailers and logistics providers to enhance efficiency and platform usability. Many are integrating AI-based features to deliver personalized recommendations while boosting consumer trust through verified listings and quality checks. By launching mobile apps, digital campaigns, and even furniture rental and subscription models, these companies connect with sustainability-focused consumers across demographics, expanding their reach in a competitive, rapidly evolving marketplace. Comprehensive Market Analysis and Forecast Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape Competitive landscape with Porter's Five Forces and PESTEL analysis Market size, segmentation, and regional forecasts In-depth company profiles, business strategies, financial insights, and SWOT analysis Key Attributes Report Attribute Details No. of Pages 225 Forecast Period 2024-2034 Estimated Market Value (USD) in 2024 $29.9 Billion Forecasted Market Value (USD) by 2034 $50.9 Billion Compound Annual Growth Rate 5.5% Regions Covered Global Key Topics CoveredChapter 1 Methodology & ScopeChapter 2 Executive Summary2.1 Industry 360 degree synopsis, 2021-2034Chapter 3 Industry Insights3.1 Industry ecosystem analysis3.2 Trump administration tariffs analysis3.2.1 Impact on trade3.2.1.1 Trade volume disruptions3.2.1.2 Retaliatory measures3.2.2 Impact on the industry3.2.2.1 Supply-Side Impact (Raw Materials)3.2.2.2 Price volatility in key materials3.2.2.3 Supply chain restructuring3.2.2.4 Production cost implications3.2.2.5 Demand-Side Impact (Selling Price)3.2.2.6 Price transmission to end markets3.2.2.7 Market share dynamics3.2.2.8 Consumer response patterns3.2.3 Key companies impacted3.2.4 Strategic industry responses3.2.4.1 Supply chain reconfiguration3.2.4.2 Pricing and product strategies3.2.4.3 Policy engagement3.2.5 Outlook and future considerations3.3 Supplier landscape3.4 Pricing analysis3.5 Technology & innovation landscape3.6 Key news & initiatives3.7 Regulatory landscape3.8 Manufacturers3.9 Distributors3.10 Retailers3.11 Impact forces3.11.1 Growth drivers3.11.1.1 Sustainability and environmental concerns3.11.1.2 Increased acceptance of pre-owned goods3.11.2 Industry pitfalls & challenges3.11.2.1 Limited availability and selection3.12 Growth potential analysis3.13 Porter's analysis3.14 PESTEL analysisChapter 4 Competitive Landscape, 20244.1 Introduction4.2 Company market share analysis4.3 Competitive positioning matrix4.4 Strategic outlook matrixChapter 5 Market Estimates & Forecast, by Product Type, 2021-2034, (USD Billion) (Million Units)5.1 Key trends5.2 Furniture5.2.1 Sofa5.2.2 Chairs5.2.3 Tables5.2.4 Beds5.2.5 Dressers5.2.6 Others5.3 Home decor5.3.1 Wall art5.3.2 Mirror5.3.3 Carpet & rugs5.3.4 Others5.4 Kitchenware5.4.1 Cookware5.4.2 Bakeware5.4.3 Dinnerware5.4.4 Others5.5 Tableware5.6 Textiles5.7 OthersChapter 6 Market Estimates & Forecast, by Condition, 2021-2034 (USD Billion) (Million Units)6.1 Key trends6.2 New (unused)6.3 Used6.3.1 Excellent condition6.3.2 Good condition6.3.3 Fair condition6.3.4 Poor conditionChapter 7 Market Estimates & Forecast, by Price Range, 2021-2034 (USD Billion) (Million Units)7.1 Key trends7.2 Fixed7.3 Auction7.4 NegotiableChapter 8 Market Estimates & Forecast, by Distribution Channel, 2021-2034 (USD Billion) (Million Units)8.1 Key trends8.2 Online8.2.1 E-commerce8.2.2 Company website8.3 Offline8.3.1 Consignment shops8.3.2 Thrift stores8.3.3 Other physical stores (pop-up shops, etc.)Chapter 9 Market Estimates & Forecast, by Region, 2021-2034 (USD Billion) (Million Units)9.1 Key trends9.2 North America9.2.1 U.S.9.2.2 Canada9.3 Europe9.3.1 UK9.3.2 Germany9.3.3 France9.3.4 Italy9.3.5 Spain9.4 Asia-Pacific9.4.1 China9.4.2 India9.4.3 Japan9.4.4 South Korea9.5 Latin America9.5.1 Brazil9.5.2 Mexico9.6 MEA9.6.1 South Africa9.6.2 Saudi Arabia9.6.3 UAEChapter 10 Company Profiles10.1 1stDibs10.2 AptDeco10.3 Chairish10.4 eBay10.5 Goodwill Industries International10.6 IKEA Retail10.7 Kaiyo10.8 Letgo10.9 Mercari10.10 OfferUp10.11 Rejuvenation10.12 The RealReal10.13 Trove marketplace10.14 Vinterior Group10.15 WayfairFor more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Second-hand Homeware Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error 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
26 minutes ago
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Apple to hike investment in US to $600 bn over four years
Apple will invest an additional $100 billion in the United States, taking its total pledge to $600 billion over the next four years, US President Donald Trump said Wednesday. Trump announced the increased commitment at the White House alongside the tech giant's CEO Tim Cook, calling it "the largest investment Apple has made in America." "Apple will massively increase spending on its domestic supply chain," Trump added, highlighting a new production facility for the glass used to make iPhone screens in Kentucky. In February, Apple said it would spend more than $500 billion in the United States and hire 20,000 people, with Trump quickly taking credit for the decision. It builds on plans announced in 2021, when the company founded by Steve Jobs said it would invest $430 billion in the country and add 20,000 jobs. "This year alone, American manufacturers are on track to make 19 billion chips for Apple in 24 factories across 12 different states," Cook said in the Oval Office. Trump, who has pushed US companies to shift manufacturing home by slapping tariffs on trading partners, claimed that his administration was to thank for the investment. "This is a significant step toward the ultimate goal of... ensuring that iPhones sold in the United States of America also are made in America," Trump said. Cook later clarified that, while many iPhone components will be manufactured in the United States, the complete assembly of iPhones will still be conducted overseas. "If you look at the bulk of it, we're doing a lot of the semiconductors here, we're doing the glass here, we're doing the Face ID module here... and we're doing these for products sold elsewhere in the world," Cook said. He gifted Trump a custom-engraved glass piece made by iPhone glassmaker Corning, set in a 24-karat gold base. Cook said the Kentucky-made glass piece was designed by a former Marine Corps corporal now working at Apple. After receiving it, Trump said it was "nice" that "we're doing these things now in the United States, instead of other countries, faraway countries." - 'They're coming home' - Trump has repeatedly said he plans to impose a "100 percent" tariff on imported semiconductors, a major export of Taiwan, South Korea, China and Japan. "We're going to be putting a very large tariff on chips and semiconductors," he told reporters at the White House. Taiwanese giant TSMC -- the world's largest contract maker of chips, which counts Nvidia and Apple among its clients -- would be "exempt" from those tariffs as it has factories in the United States, Taipei said Thursday. While he did not offer a timetable for enactment of the new tech levies, on Tuesday, he said fresh tariffs on imported pharmaceuticals, semiconductors and chips could be unveiled within the coming week. The United States is "going to be very rich and it's companies like Apple, they're coming home," Trump said. Trump specified further that "Apple will help develop and manufacture semiconductors and semiconductor equipment in Texas, Utah, Arizona and New York." He noted that if tech companies commit to manufacturing their wares in the United States, "there will be no charge." Apple reported a quarterly profit of $23.4 billion in late July, topping forecasts despite facing higher costs due to Trump's sweeping levies. aue/cdl/lb 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
