
China's Thermal Power Generation Grows for First Time This Year
China's massive fleet of coal and gas power plants logged the first year-on-year gain in electricity generation for 2025 following blistering heat that baked parts of the country.
Thermal power output in May rose 1.2% from a year earlier, the first gain since November, according to data from the National Bureau of Statistics released on Monday. Temperatures climbed across northern China ahead of the start of the meteorological summer in June, boosting the use of air conditioners.
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21 minutes ago
- Yahoo
2 No-Brainer Warren Buffett Stocks to Buy With $1,000 Right Now
Amazon's core e-commerce business is resilient, and the company's AI investments are paying off. Berkshire Hathaway oversees a diverse set of cash-rich businesses that are resistant to economic slowdowns. The company is also sitting on the largest war chest in its history. 10 stocks we like better than Amazon › While uncertainty is always the name of the game in investing, the last few months have been particularly chaotic. Global trade tension spurred by President Donald Trump's sweeping tariffs, especially their on-again, off-again nature, has caused investor anxiety to spike. At a time like this, it's worth it to look at the portfolio of the legendary Warren Buffett to consider what might be some smart, no-brainer investments. Here are my two favorites from the "Oracle of Omaha." Although an apparent resolution to the ongoing trade negotiations has been reached, given how much Amazon's (NASDAQ: AMZN) supply chain is tied up with China, investors are right to be wary of the effect Trump's trade policies will have on the company's bottom line. That being said, I think the threat is overblown for investors looking to hold for the long term -- which is exactly the kind of investing at the core of Buffett's philosophy. A reescalation of the trade war with China would undoubtedly affect Amazon, but any disruptions would ultimately be temporary. The fact that Amazon's core e-commerce business is so deeply embedded in people's daily lives doesn't change with a temporary slowdown. Luckily for investors, Amazon Web Services (AWS), the cloud service provider and subsidiary of Amazon, is much less exposed to tariffs and changes in consumer spending. It's also the fastest-growing part of Amazon's empire, up 17% year over year in first-quarter 2025, as AI models demand more and more compute power. In the company's recent earnings call, Amazon CEO Andy Jassy cited just how big an opportunity AWS is addressing: "Before this generation of AI, we thought AWS had the chance to ultimately be a multi-hundred-billion-dollar revenue run rate business. We now think it could be even larger." Amazon is in a strong position to succeed in the highest growth area of the economy, AI, while continuing to enjoy a significant moat around its massive core e-commerce business. Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), Warren Buffett's own company, has proven itself a winner time and again for the last 60 years. Its investments in outside companies are the stuff of legend, and its diverse set of internal businesses spanning several recession-resistant industries provides it with a steady flow of cash. Now, quite famously, the company is sitting on its largest war chest ever, a sum of cash that would make most countries jealous. This makes Berkshire a wonderful hedge against any sort of major economic downturn or crisis. The company can use those funds to make strategic investments at a time when most investors are scrambling to protect their capital. Just as in the aftermath of 2008, a financial crisis offers those with major war chests like Berkshire the opportunity to find incredible deals. Take, for example, Buffett's investment in Bank of America following the Great Financial Crisis. In six years, Buffett turned a $5 billion investment into an on-paper profit of $12 billion (Berkshire held on to its shares). Even if a major crisis doesn't present itself any time soon, Berkshire's insurance business is strong. It's not without obstacles. Last year's multiple hurricanes and this year's Los Angeles fires had a major effect on Berkshire's bottom line, but as time goes on, premiums will adjust to make up for any increased rates of damage. And yes, the elephant in the room is that Buffett is stepping down as CEO of Berkshire, but I think fears surrounding his departure are overblown. The company he built is infused to the core with his ethos, and his successor, Greg Abel, is a competent replacement whom Buffett has been mentoring for many years. Political and economic uncertainty will always be part of investing, so it's critical not to jump ship when things get particularly rocky. It's why investing in companies you really believe in and want to hold for the long term is the best strategy. It makes it so much easier to take the long view and remain level-headed when the economy dips. For my money, both Amazon and Berkshire are excellent additions to any portfolio. Amazon continues to deliver growth and innovation, while Berkshire Hathaway stands as a pillar of stability and opportunity in times of crisis. Before you buy stock in Amazon, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Amazon 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 $653,702!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $870,207!* Now, it's worth noting Stock Advisor's total average return is 988% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Bank of America is an advertising partner of Motley Fool Money. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Bank of America, and Berkshire Hathaway. The Motley Fool has a disclosure policy. 2 No-Brainer Warren Buffett Stocks to Buy With $1,000 Right Now was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
33 minutes ago
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Mibro Unveils Three New Smartwatches, Highlighting Sports-Tech Innovation and Brand Transformation
SHENZHEN, China, June 16, 2025 /PRNewswire/ -- On June 16, Mibro, a brand of ZhenShi Information Technology (Shenzhen) Co., Ltd, proudly announces the launch of three new smartwatches: GS Explorer S, GS Pro2, and GS Active2, marking a milestone in its brand evolution. With a renewed focus on integrating sports and technology, the release underscores the brand's commitment to supporting athletes across various disciplines. Each smartwatch in the lineup is designed to serve a unique athletic purpose. The Mibro GS Explorer S is engineered for extreme outdoor adventurers, ensuring durability in demanding environments. It supports freediving, sailing, surfing, mountaineering, and rock climbing, featuring military-grade durability, Bluetooth calling, a 100-meter water resistance rating and advanced health monitoring. A premium version boasts an aerospace-grade titanium alloy body. At MWC 2025, the GS Explorer S won the "Best in Show" award from Wareable, highlighting its exceptional performance and design. The Mibro GS Pro2 targets triathlon participants, particularly those who engage in the sport regularly through amateur events. As the flagship model of the lineup, it combines rugged construction with a lightweight build. The smartwatch supports multi-sport tracking for swimming, cycling, and running, and includes trajectory navigation for enhanced route planning and performance analysis. The running community will find its match in the lightweight design of the Mibro GS Active2, which weighs just 39.9 grams. Tailored specifically for runners, the smartwatch incorporates six core technologies, reshaping training experiences through various running modes and personalized training plans. A notable innovation across the new GS Series lineup is the Padel mode. Using real athlete performance data and guidance from China's top Padel professionals, the feature provides sport-specific metrics and professional-grade feedback tailored to players of all skill levels. All three watches are powered by Galaxy OS 2.0, delivering a smoother and more intuitive user interface. The system allows seamless health and fitness data integration with third-party platforms, including Google Fit for Android users, Apple Health for iOS, and Strava for GPS-enabled devices, ensuring a connected and holistic user experience. This launch marks Mibro's evolution from a wearable brand to a sports tech partner. Backed by 300+ R&D engineers, 200+ patents, and an in-house sports science lab, the company is poised to drive the next generation of smart athletic performance tools. For more information, please visit or follow them on Facebook and Instagram. For business inquiries, please contact business@ View original content to download multimedia: SOURCE ZhenShi Information Technology (Shenzhen) Co., Ltd 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


CNET
34 minutes ago
- CNET
CNET's Daily Price Tracker: I'm Checking 11 Key Products Every Day and These Ones Are on Sale Now
Several of the products I'm watching for CNET's daily tariff price tracker are on sale right now, making it a great time to get them before price hikes take hold. James Martin/CNET For CNET's tariff price tracker, I've been keeping an eye on several products that have a high chance of being affected by President Donald Trump's tariff agenda. While these tariffs are highly likely to cause prices to spike, for the most part the products I've been tracking have remained steady, aside from notable increases for the Xbox Series X and a budget-friendly 4K TV. There are also a number of products -- like batteries, a budget-friendly soundbar and the most popular earbuds on the market -- that are currently cheaper than usual, making it a great time to buy. With all that said, the broader impact of these import taxes is still on the horizon, especially as Trump now claims that tariff rates against China are going back up to 55% soon. The Trump administration has also been working to undo a trade court ruling, which found that Trump has no authority to set tariffs as he has been -- a move now being argued before an appeals court. We'll see how that ultimately plays out but for now, the possibility that the president's tariff policies will lead to price hikes remains likely. That's why I'm continuing to monitor several key products you might want or need to buy soon, to keep track of the potential tariff impacts. CNET Tariff Tracker Index Above, you can check out a chart with the average price of the 11 products included in this piece over the course of 2025. This will help give you a sense of the overall price changes and fluctuations going on. Further down, you'll be able to check out charts for each individual product being tracked. For now, the average price for all of the products we're covering is down noticeably compared to May, although this might be a result of the various sales going around to kick off the summer. You can probably expect that trend to continue into next month when Amazon holds its Prime Day sale, which I anticipate will be a good time to make a lot of purchases before tariff impacts really start to take hold. We'll be updating this article regularly as prices change. It's all in the name of helping you make sense of things so be sure to check back every so often. For more, check out CNET's guide to whether you should wait to make big purchases or buy them now and get expert tips about how to prepare for a recession. Watch this: Should You Buy Now or Wait? Our Experts Weigh In on Tariffs 09:42 Methodology We're checking prices daily and will update the article and the relevant charts right away to reflect any changes. The following charts show a single bullet point for each month, with the most recent one labeled "Now" and showing the current price. For the past months, we've gone with what was the most common price for each item in the given month. In most cases, the price stats used in these graphs were pulled from Amazon using the historical price-tracker tool Keepa. For the iPhones, the prices come from Apple's official materials and are based on the 128-gigabyte base model of the latest offering for each year: the iPhone 14, iPhone 15 and iPhone 16. For the Xbox Series X, the prices were sourced from Best Buy using the tool PriceTracker. If any of these products happen to be on sale at a given time, we'll be sure to let you know and explain how those price drops differ from longer-term pricing trends that tariffs can cause. The 11 products we're tracking Mostly what we're tracking in this article are electronic devices and digital items that CNET covers in depth, like iPhones and affordable 4K TVs -- along with a typical bag of coffee, a more humble product that isn't produced in the US to any significant degree. The products featured were chosen for a few reasons: Some of them are popular and/or affordable representatives for major consumer tech categories, like smartphones, TVs and game consoles. Others are meant to represent things that consumers might buy more frequently, like printer ink or coffee beans. Some products were chosen over others because they are likely more susceptible to tariffs. Some of these products have been reviewed by CNET or have been featured in some of our best lists. Below, we'll get into more about each individual product, and stick around till the end for a rundown of some other products worth noting. iPhone 16 The iPhone is the most popular smartphone brand in the US, so this was a clear priority for price tracking. The iPhone has also emerged as a major focal point for conversations about tariffs, given its popularity and its susceptibility to import taxes because of its overseas production, largely in China. Trump has reportedly been fixated on the idea that the iPhone can and should be manufactured in the US, an idea that experts have dismissed as a fantasy. Estimates have also suggested that a US-made iPhone would cost as much as $3,500. Something to note about this graph: The price listed is the one you'll see if you buy your phone through a major carrier. If you, say, buy direct from Apple or Best Buy without a carrier involved, you'll be charged an extra $30, so in some places, you might see the list price of the standard iPhone 16 listed as $830. Apple's been taking a few steps to protect its prices in the face of these tariffs, flying in bulk shipments of product before they took effect and planning to move production for the US market from China to India. A new Reuters report found that a staggering 97% of iPhones imported from the latter country, March through May, were bound for the US. This latter move drew the anger of Trump again, threatening the company with a 25% tariff if they didn't move production to the US, an idea CEO Tim Cook has repeatedly shot down in the past. This came after Trump gave a tariff exemption to electronic devices including smartphones, so the future of that move seems in doubt now. Apple's flagship device is still the top-selling smartphone globally, as of Q1 of this year, although new research from the firm Counterpoint suggests that tariff uncertainty will cause the brand's growth to stall a bit throughout the rest of 2025. Duracell AA batteries A lot of the tech products in your home might boast a rechargeable energy source but individual batteries are still an everyday essential and I can tell you from experience that as soon as you forget about them, you'll be needing to restock. The Duracell AAs we're tracking are some of the bestselling batteries on Amazon. This particular pack hasn't seen much shift in pricing in the last few months, but it's currently around $3 off on Amazon, so it's a good time to pick up some batteries if you need them. Samsung DU7200 TV Alongside smartphones, televisions are some of the most popular tech products out there, even if they're an infrequent purchase. This particular product is a popular entry-level 4K TV and was CNET's pick for best overall budget TV for 2025. Unlike a lot of tech products that have key supply lines in China, Samsung is a South Korean company so it might have some measure of tariff resistance. This model is currently about $29 more expensive than usual on Amazon, but we'll have to wait and see if this is a temporary change or a more permanent shift in pricing. Xbox Series X Video game software and hardware are a market segment expected to be hit hard by the Trump tariffs. Microsoft's Xbox is the first console brand to see price hikes -- the company cited "market conditions" along with the rising cost of development. Most notably, this included an increase in the price of the flagship Xbox Series X, up from $500 to $600. Numerous Xbox accessories also were affected and the company also said that "certain" games will eventually see a price hike from $70 to $80. Initially, we were tracking the price of the much more popular Nintendo Switch as a representative of the gaming market. Nintendo has not yet hiked the price of its handheld-console hybrid and stressed that the $450 price tag of the upcoming Switch 2 has not yet been inflated because of tariffs. Sony, meanwhile, has so far only increased prices on its PlayStation hardware in markets outside the US. AirPods Pro 2 The latest iteration of Apple's wildly popular true-wireless earbuds are here to represent the headphone market. Much to the chagrin of the audiophiles out there, a quick look at sales charts on Amazon shows you just how much the brand dominates all headphone sales. Earlier in the year, they tended to hover around $199 on the site, a notable discount from its $249 list price, but the price is currently the much more enticing $169, so move fast if you want an affordable pair. (Or maybe just wait for the rumored AirPods Pro 3.) HP 962 CMY printer ink This HP printer ink includes cyan, magenta and yellow all in one product and recently saw its price jump from around $72 -- where it stayed for most of 2025 -- to $80, which is around its highest price over the last five years. We will be keeping tabs to see if this is a long-term change or a brief uptick. This product replaced Overture PLA Filament for 3D printers in this piece, but we're still tracking that item. Anker 10,000-mAh, 30-watt power bank Anker's accessories are perennially popular in the tech space and the company has already announced that some of its products will get more expensive as a direct result of tariffs. This specific product has also been featured in some of CNET's lists of the best portable chargers. This particular model is showing as out-of-stock on Amazon for the time being, but was most recently back up to $26 after a brief sale. Bose TV speaker Soundbars have become important purchases, given the often iffy quality of the speakers built into TVs. While not the biggest or the best offering in the space, the Bose TV Speaker is one of the more affordable soundbar options out there, especially hailing from a brand as popular as Bose. This product has been one of the steadiest on this list in terms of price throughout the year, but it's currently on sale for $199, potentially as part of Amazon's Memorial Day sale. So, if you're looking for an affordable, tariff-free TV speaker, now might be the time. Oral-B Pro 1000 electric toothbrush They might be a lot more expensive than their traditional counterparts but electric toothbrushes remain a popular choice for consumers because of how well they get the job done. I know my dentist won't let up on how much I need one. This particular Oral-B offering was CNET's overall choice for the best electric toothbrush for 2025. Lenovo IdeaPad Flex 5i Chromebook Lenovo is notable among the big laptop manufacturers for being a Chinese company making its products especially susceptible to Trump's tariffs. Starbucks Ground Coffee (28-ounce bag) Coffee is included in this tracker because of its ubiquity -- I'm certainly drinking too much of it these days -- and because it's uniquely susceptible to Trump's tariff agenda. Famously, coffee beans can only be grown within a certain distance from Earth's equator, a tropical span largely outside the US and known as the "Coffee Belt." Hawaii is the only part of the US that can produce coffee beans, with data from USAFacts showing that 11.5 million pounds were harvested there in the 2022-23 season -- little more than a drop in the mug, as the US consumed 282 times that amount of coffee during that period. Making matters worse, Hawaiian coffee production has declined in the past few years. All that to say: Americans get almost all of their coffee from overseas, making it one of the most likely products to see price hikes from tariffs. Other products As mentioned before, we occasionally swap out products with different ones that undergo notable price shifts. Here are some things no longer featured above, but that we're still keeping an eye on: Nintendo Switch: The baseline handheld-console hybrid has held steady around $299 most places -- including Amazon impending release of the Switch 2 remains to be seen. This product was replaced above with the Xbox Series X. impending release of the Switch 2 remains to be seen. This product was replaced above with the Xbox Series X. Overture PLA 3D printer filament: This is a popular choice on Amazon Here are some products we also wanted to single out that haven't been featured with a graph yet: Razer Blade 18 (2025), 5070 Ti edition: The latest revision of Razer's largest gaming laptop saw a $300 price bump recently, with the base model featured an RTX 5070 Ti graphics card now priced at $3,500 ahead of launch, compared to the $3,200 price announced in February. While Razer has stayed mum about the reasoning, it did previously suspend direct sales to the US as Trump's tariff plans were ramping up in April. Asus ROG Ally X: The premium version of Asus's Steam Deck competitor handheld gaming PC recently saw a price hike from $799 to $899, coinciding with the announcement of the company's upcoming Xbox-branded Ally handhelds.