logo
Zhang Jia Gang Freetrade Science&Technology GroupLtd And 2 Other Undiscovered Gems In Asia With Strong Fundamentals

Zhang Jia Gang Freetrade Science&Technology GroupLtd And 2 Other Undiscovered Gems In Asia With Strong Fundamentals

Yahoo22-04-2025

As global markets navigate a landscape marked by trade uncertainties and mixed performances across major indices, smaller-cap stocks have shown resilience, with indexes like the S&P MidCap 400 and Russell 2000 posting gains despite broader market challenges. In this context, identifying stocks with strong fundamentals becomes crucial for investors seeking stability and potential growth in the Asian market.
Name
Debt To Equity
Revenue Growth
Earnings Growth
Health Rating
Lion Rock Group
9.41%
15.39%
13.20%
★★★★★★
Central Forest Group
NA
5.93%
20.71%
★★★★★★
Wuxi Chemical Equipment
NA
12.65%
0.91%
★★★★★★
Namuga
14.80%
-3.26%
30.46%
★★★★★★
YagiLtd
38.98%
-8.93%
16.36%
★★★★★☆
Chongqing Machinery & Electric
25.60%
7.97%
18.73%
★★★★★☆
Shanghai Chlor-Alkali Chemical
9.56%
7.12%
1.55%
★★★★★☆
Shanghai Pioneer Holding
5.59%
4.81%
18.86%
★★★★★☆
Pizu Group Holdings
48.10%
-4.86%
-19.23%
★★★★☆☆
Fengyinhe Holdings
0.60%
38.63%
65.41%
★★★★☆☆
Click here to see the full list of 2652 stocks from our Asian Undiscovered Gems With Strong Fundamentals screener.
Let's dive into some prime choices out of from the screener.
Simply Wall St Value Rating: ★★★★★★
Overview: Zhang Jia Gang Freetrade Science & Technology Group Co., Ltd. operates through its subsidiaries in the loading, unloading, and storage of petrochemical products in China, with a market capitalization of approximately CN¥6.05 billion.
Operations: The company's primary revenue streams include Supply Chain Services (CN¥381.44 million) and Liquefied Storage (CN¥232.25 million), with significant contributions from Smart Logistics (CN¥218.51 million). The diverse service offerings highlight its focus on logistics and storage solutions within the petrochemical sector.
Zhang Jia Gang Freetrade Science & Technology Group, a smaller player in the market, has demonstrated impressive financial discipline with its debt to equity ratio dropping from 17.3% to 0.2% over five years and more cash than total debt. Despite a challenging year with earnings falling by 16.8%, it still outperformed the industry average decline of 28.2%. The company reported annual sales of CNY 893 million and net income of CNY 209 million for 2024, reflecting a dip from the previous year but remaining profitable with high-quality earnings and positive free cash flow, suggesting potential for future growth at an estimated rate of 7.53% annually.
Delve into the full analysis health report here for a deeper understanding of Zhang Jia Gang Freetrade Science&Technology GroupLtd.
Examine Zhang Jia Gang Freetrade Science&Technology GroupLtd's past performance report to understand how it has performed in the past.
Simply Wall St Value Rating: ★★★★★☆
Overview: Dalian Huarui Heavy Industry Group Co., Ltd. operates as a major player in the heavy machinery industry, with a market capitalization of CN¥12.07 billion.
Operations: Dalian Huarui Heavy Industry Group generates revenue primarily from its heavy machinery products and services. The company focuses on optimizing its cost structure to enhance profitability, reflected in a net profit margin trend that provides insights into its financial health.
Dalian Huarui Heavy Industry Group, a smaller player in the machinery sector, has shown impressive earnings growth of 37.1% over the past year, outpacing the industry's 1.4%. Despite a volatile share price recently, its P/E ratio of 24.2x suggests it offers better value compared to the broader CN market at 35.8x. The company reported sales of CNY 14.28 billion for 2024, up from CNY 12 billion in the previous year, with net income rising to CNY 501 million from CNY 363 million. A recent dividend increase further underscores its robust financial health and commitment to shareholder returns.
Click to explore a detailed breakdown of our findings in Dalian Huarui Heavy Industry Group's health report.
Assess Dalian Huarui Heavy Industry Group's past performance with our detailed historical performance reports.
Simply Wall St Value Rating: ★★★★★★
Overview: Sanhe Tongfei Refrigeration Co., Ltd. specializes in the manufacturing and sale of industrial temperature control products in China, with a market cap of CN¥7.59 billion.
Operations: Sanhe Tongfei generates revenue primarily through the sale of industrial temperature control products. The company's financial performance is highlighted by a net profit margin of 10.5%, reflecting its ability to convert sales into profit efficiently.
Sanhe Tongfei Refrigeration, a nimble player in the machinery sector, recently announced a CNY 3.00 dividend per 10 shares for 2024. The company's Q1 2025 results show impressive growth with sales jumping to CNY 573.62 million from last year's CNY 274.43 million, and net income soaring to CNY 61.91 million from CNY 5.14 million. With no debt on its books compared to five years ago when it had a debt-to-equity ratio of just over zero, Sanhe Tongfei appears financially sound and poised for continued expansion in earnings, projected at an annual growth rate of over thirty-five percent.
Click here and access our complete health analysis report to understand the dynamics of Sanhe Tongfei Refrigeration.
Learn about Sanhe Tongfei Refrigeration's historical performance.
Click this link to deep-dive into the 2652 companies within our Asian Undiscovered Gems With Strong Fundamentals screener.
Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world.
Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include SHSE:600794 SZSE:002204 and SZSE:300990.
Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@simplywallst.com

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Stock market today: Dow, S&P 500, Nasdaq futures slide ahead of fresh inflation data, as Trump renews tariff threat
Stock market today: Dow, S&P 500, Nasdaq futures slide ahead of fresh inflation data, as Trump renews tariff threat

Yahoo

time35 minutes ago

  • Yahoo

Stock market today: Dow, S&P 500, Nasdaq futures slide ahead of fresh inflation data, as Trump renews tariff threat

US stock futures pulled back on Thursday ahead of a fresh batch of inflation data, as President Trump renewed his threat to impose "take it or leave it" tariffs on trading partners. Dow Jones Industrial Average futures (YM=F) fell roughly 0.7%, or almost 300 points, while S&P 500 futures (ES=F) dropped 0.5%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) also moved 0.5% lower. Stocks are staying downbeat after the S&P 500 (^GSPC) snapped this week's run of wins, as investors add growing tensions in the Middle East to worries over Trump's trade policy, including the fragility of the US-China detente. For now the spotlight is on the May reading on wholesale inflation due later, after its consumer counterpart showed an easing in price pressures in the wake of Trump's "reciprocal" tariff hikes in April. Further hints that tariffs are sparing inflation could put the Federal Reserve in a tight spot ahead of its policy meeting next week. Bets on interest-rate cuts this year have mounted, but analysts expect officials to maintain their wait-and-see approach to economic data and policy decisions. While investor focus is shifting back to the Fed, Wall Street is still closely following the latest twists and turns in Trump's tariff policy in the hunt for clarity. Read more: The latest on Trump's tariffs US trading partners will get letters within a week or two to set their unilateral tariff rates, Trump reiterated on Wednesday, renewing the threat of no-deal hikes. 'At a certain point, we're just going to send letters out. And I think you understand that, saying this is the deal, you can take it or leave it,' the president said at the Kennedy Center in Washington. Meanwhile, Treasury Secretary Scott Bessent told Congress it's "highly likely" that countries in trade negotiations with the US will see an extension of the 90-day tariff pause, currently set to expire July 9. Boeing stock fell on Thursday by 8% in premarket trading after an Air India aircraft carrying over 200 people crashed minutes after taking off from the western Indian city of Ahmedabad. Aviation tracking site Flightradar24 said the plane was a Boeing 787-8 Dreamliner, one of the most modern passenger aircraft in service. Air India confirmed the plane, which was headed to Gatwick Airport in the UK, crashed in a civilian area near the airport, but have not specified if there are any fatalities. It is still not clear what caused the crash. According to Reuters, Boeing confirmed it was aware of the crash and was working to gather more information. The news comes as the planemaker is trying to rebuild trust relating to the safety of its jets and increase production under new Chief Executive Officer Kelly Orthberg. "here's revised fears of the problems that plagued Boeing aircraft and Boeing itself in recent years," said Chris Beauchamp, analyst at IG Group. Economic data: Producer Price Index (May); Initial jobless claims (week ending June 7) Continuing claims (week ending May 31) Earnings: Adobe (ADBE), Lovesac (LOVE), RH (RH) Here are some of the biggest stories you may have missed overnight and early this morning: Boeing stock slides after plane crashes in India The $11 trillion gap in costing Trump's 'big, beautiful' bill Gundlach: 'Reckoning is coming' for US debt Trump says he will set unilateral tariff rates within weeks Americans flunk on retirement literacy. Here's why it matters. Nvidia, Samsung to take stakes in robot AI startup Skild US long-dated debt faces crucial test in $22 billion auction Oracle stock jumps as AI boosts revenue forecast Here are some top stocks trending on Yahoo Finance in premarket trading: Oracle (ORCL) stock rose 8% in premarket trading on Thursday after the tech company raised its annual forecast, driven by demand for its AI related cloud services. "Oracle's once-stodgy image levels up to 'cloud-native mage,' and the competitive map now looks less like a classic three-player real time strategy and more like a battle-royale with everyone dropping in, looking for compute loot", said Michael Ashley Schulman, partner at Running Point Capital Advisors. GameStop (GME) shares slumped on Thursday by 11% after announcing a convertible notes offering. The press release said: "GameStop intends to use the net proceeds from the offering for general corporate purposes, including making investments in a manner consistent with GameStop's Investment Policy and potential acquisitions." Boeing (BA) stock fell 8% before the bell on Thursday after a plane crashed in India with more than 200 people on board near the airport in the country's wester city of Ahmedabad. The plane, which was headed to Gatwick airport in the UK, crashed in a civilian area near the airport. Oil prices pulled back early Thursday morning, reversing earlier overnight gains as traders assessed a US decision to pull some diplomats out of the Middle East. The decision to reduce staffing in Iraq came after Iran threatened to hit US assets in the region ahead of its talks with the US over nuclear-related activity. Brent crude futures fell to under $69 a barrel, while West Texas Intermediate crude traded below $68 a barrel — both down around 1%. Prices jumped over 4% on Wednesday amid reports of a potential evacuation. Reuters reports: Read more here. Gold (GC=F) rose for a second day in a row as tensions in the Middle East, coupled with Trump's claims of upcoming unilateral tariffs, pushed risk-averse investors toward the haven commodity. Bloomberg reports: Read more here. Boeing stock fell on Thursday by 8% in premarket trading after an Air India aircraft carrying over 200 people crashed minutes after taking off from the western Indian city of Ahmedabad. Aviation tracking site Flightradar24 said the plane was a Boeing 787-8 Dreamliner, one of the most modern passenger aircraft in service. Air India confirmed the plane, which was headed to Gatwick Airport in the UK, crashed in a civilian area near the airport, but have not specified if there are any fatalities. It is still not clear what caused the crash. According to Reuters, Boeing confirmed it was aware of the crash and was working to gather more information. The news comes as the planemaker is trying to rebuild trust relating to the safety of its jets and increase production under new Chief Executive Officer Kelly Orthberg. "here's revised fears of the problems that plagued Boeing aircraft and Boeing itself in recent years," said Chris Beauchamp, analyst at IG Group. Economic data: Producer Price Index (May); Initial jobless claims (week ending June 7) Continuing claims (week ending May 31) Earnings: Adobe (ADBE), Lovesac (LOVE), RH (RH) Here are some of the biggest stories you may have missed overnight and early this morning: Boeing stock slides after plane crashes in India The $11 trillion gap in costing Trump's 'big, beautiful' bill Gundlach: 'Reckoning is coming' for US debt Trump says he will set unilateral tariff rates within weeks Americans flunk on retirement literacy. Here's why it matters. Nvidia, Samsung to take stakes in robot AI startup Skild US long-dated debt faces crucial test in $22 billion auction Oracle stock jumps as AI boosts revenue forecast Here are some top stocks trending on Yahoo Finance in premarket trading: Oracle (ORCL) stock rose 8% in premarket trading on Thursday after the tech company raised its annual forecast, driven by demand for its AI related cloud services. "Oracle's once-stodgy image levels up to 'cloud-native mage,' and the competitive map now looks less like a classic three-player real time strategy and more like a battle-royale with everyone dropping in, looking for compute loot", said Michael Ashley Schulman, partner at Running Point Capital Advisors. GameStop (GME) shares slumped on Thursday by 11% after announcing a convertible notes offering. The press release said: "GameStop intends to use the net proceeds from the offering for general corporate purposes, including making investments in a manner consistent with GameStop's Investment Policy and potential acquisitions." Boeing (BA) stock fell 8% before the bell on Thursday after a plane crashed in India with more than 200 people on board near the airport in the country's wester city of Ahmedabad. The plane, which was headed to Gatwick airport in the UK, crashed in a civilian area near the airport. Oil prices pulled back early Thursday morning, reversing earlier overnight gains as traders assessed a US decision to pull some diplomats out of the Middle East. The decision to reduce staffing in Iraq came after Iran threatened to hit US assets in the region ahead of its talks with the US over nuclear-related activity. Brent crude futures fell to under $69 a barrel, while West Texas Intermediate crude traded below $68 a barrel — both down around 1%. Prices jumped over 4% on Wednesday amid reports of a potential evacuation. Reuters reports: Read more here. Gold (GC=F) rose for a second day in a row as tensions in the Middle East, coupled with Trump's claims of upcoming unilateral tariffs, pushed risk-averse investors toward the haven commodity. Bloomberg reports: Read more here. Sign in to access your portfolio

HASI Receives Ratings Upgrade from S&P Global Ratings
HASI Receives Ratings Upgrade from S&P Global Ratings

Associated Press

timean hour ago

  • Associated Press

HASI Receives Ratings Upgrade from S&P Global Ratings

ANNAPOLIS, Md.--(BUSINESS WIRE)--Jun 12, 2025-- HA Sustainable Infrastructure Capital, Inc. ('HASI,' 'We,' 'Our,' or the 'Company') (NYSE: HASI), a leading investor in sustainable infrastructure assets, today announced it has received an investment grade credit rating of BBB- from S&P Global Ratings ('S&P'). On June 11, 2025, S&P upgraded HASI's corporate and issuer credit ratings to BBB- from BB+ with a stable outlook. The Company has maintained an investment grade credit rating of BBB- from Fitch Ratings, Inc. ('Fitch') since May 2024 and an investment grade credit rating of Baa3 from Moody's Investors Service ('Moody's') since June 2022. 'Securing a third investment grade rating is a significant milestone that reflects our financial strength and the resilience of our business model,' said HASI Chief Financial Officer Chuck Melko. 'This achievement underscores our proven strategy and disciplined track record, and enhances our capacity to scale high-impact investments in energy transition projects while continuing to deliver long-term value to our stakeholders.' In its report, S&P stated that the upgrade reflects the Company's scale and strength, fueled by HASI's steady business growth and asset quality. Despite macroeconomic headwinds in the sustainable infrastructure and energy sector such as tariffs and potential revisions to the Inflation Reduction Act, S&P expects HASI will continue to source investment opportunities at profitable yields, further noting that HASI primarily invests in stabilized projects with minimal construction risk, and that most of the Company's $5.5 billion 12-month pipeline are comprised of projects that are already under construction. Additionally, the report notes that energy demand has outpaced supply in recent years and highlights that HASI's 10-year track record suggests it is well-positioned to source investment opportunities in new sustainable infrastructure asset classes to address this demand. More information regarding the Company's investment grade credit rating assignments can be found on the respective websites of the rating agencies or accessed directly through HASI's investor relations website at About HASI HASI is an investor in sustainable infrastructure assets advancing the energy transition. With more than $14 billion in managed assets, our investments are diversified across multiple asset classes, including utility-scale solar, onshore wind, and storage; distributed solar and storage; RNG; and energy efficiency. We combine deep expertise in energy markets and financial structuring with long-standing programmatic client partnerships to deliver superior risk-adjusted returns and measurable environmental benefits. HA Sustainable Infrastructure Capital, Inc. is listed on the New York Stock Exchange (Ticker: HASI). For more information, please visit Forward-Looking Statements Some of the information in this press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are subject to risks and uncertainties. For these statements, we claim the protections of the safe harbor for forward-looking statements contained in such Sections. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. When we use the words 'believe,' 'expect,' 'anticipate,' 'estimate,' 'plan,' 'continue,' 'intend,' 'should,' 'may' or similar expressions, we intend to identify forward-looking statements. Forward-looking statements are subject to significant risks and uncertainties. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward-looking statements. Factors that could cause actual results to differ materially from those described in the forward-looking statements include those discussed under the caption 'Risk Factors' included in our most recent Annual Report on Form 10-K as well as in other periodic reports that we file with the U.S. Securities and Exchange Commission. Forward-looking statements are based on beliefs, assumptions and expectations as of the date of this press release. We disclaim any obligation to publicly release the results of any revisions to these forward-looking statements reflecting new estimates, events or circumstances after the date of this press release. View source version on CONTACT: Investor Contact: Aaron Chew [email protected] 410-571-6189Media Contact: Kenny Gayles [email protected] 443-321-5756 KEYWORD: UNITED STATES NORTH AMERICA MARYLAND INDUSTRY KEYWORD: PROFESSIONAL SERVICES UTILITIES ALTERNATIVE ENERGY ENERGY FINANCE ASSET MANAGEMENT SOURCE: HA Sustainable Infrastructure Capital, Inc. Copyright Business Wire 2025. PUB: 06/12/2025 07:00 AM/DISC: 06/12/2025 07:01 AM

Stock market today: Dow, S&P 500, Nasdaq futures retreat amid murky signals on Trump's trade policy
Stock market today: Dow, S&P 500, Nasdaq futures retreat amid murky signals on Trump's trade policy

Yahoo

timean hour ago

  • Yahoo

Stock market today: Dow, S&P 500, Nasdaq futures retreat amid murky signals on Trump's trade policy

US stock futures pulled back on Thursday ahead of a fresh batch of inflation data, as investors continued to puzzle over President Trump's ever-evolving trade policy. Dow Jones Industrial Average futures (YM=F) fell roughly 0.6%, or over 200 points, while S&P 500 futures (ES=F) dropped about 0.4%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) moved 0.3% lower. Stocks are staying downbeat after the S&P 500 (^GSPC) snapped this week's run of wins, as investors add growing tensions in the Middle East to worries over the fragility of the US-China trade detente. But the spotlight is on the May reading on wholesale inflation due later, after its consumer counterpart showed an easing in price pressures in the wake of Trump's "reciprocal" tariff hikes in April. Further hints that tariffs are sparing inflation could put the Federal Reserve in a tight spot ahead of its policy meeting next week. Bets on interest-rate cuts this year have mounted, but analysts expect officials to maintain their wait-and-see approach to economic data and policy decisions. While investor focus is shifting back to the Fed and away from trade war, Wall Street is following the latest twists and turns in the hunt for clarity around Trump's tariff policy. Read more: The latest on Trump's tariffs US trading partners will get letters within a week or two to set their tariff rates, Trump reiterated on Wednesday, saying they "can take it or leave it." Meanwhile, Treasury Secretary Scott Bessent told Congress it's "highly likely" that countries in trade negotiations with the US will see an extension of the 90-day tariff pause, currently set to expire July 9. Boeing stock fell on Thursday by 8% in premarket trading after an Air India aircraft carrying over 200 people crashed minutes after taking off from the western Indian city of Ahmedabad. Aviation tracking site Flightradar24 said the plane was a Boeing 787-8 Dreamliner, one of the most modern passenger aircraft in service. Air India confirmed the plane, which was headed to Gatwick Airport in the UK, crashed in a civilian area near the airport, but have not specified if there are any fatalities. It is still not clear what caused the crash. According to Reuters, Boeing confirmed it was aware of the crash and was working to gather more information. The news comes as the planemaker is trying to rebuild trust relating to the safety of its jets and increase production under new Chief Executive Officer Kelly Orthberg. "here's revised fears of the problems that plagued Boeing aircraft and Boeing itself in recent years," said Chris Beauchamp, analyst at IG Group. Economic data: Producer Price Index (May); Initial jobless claims (week ending June 7) Continuing claims (week ending May 31) Earnings: Adobe (ADBE), Lovesac (LOVE), RH (RH) Here are some of the biggest stories you may have missed overnight and early this morning: Boeing stock slides after plane crashes in India The $11 trillion gap in costing Trump's 'big, beautiful' bill Gundlach: 'Reckoning is coming' for US debt Trump says he will set unilateral tariff rates within weeks Americans flunk on retirement literacy. Here's why it matters. Nvidia, Samsung to take stakes in robot AI startup Skild US long-dated debt faces crucial test in $22 billion auction Oracle stock jumps as AI boosts revenue forecast Here are some top stocks trending on Yahoo Finance in premarket trading: Oracle (ORCL) stock rose 8% in premarket trading on Thursday after the tech company raised its annual forecast, driven by demand for its AI related cloud services. "Oracle's once-stodgy image levels up to 'cloud-native mage,' and the competitive map now looks less like a classic three-player real time strategy and more like a battle-royale with everyone dropping in, looking for compute loot", said Michael Ashley Schulman, partner at Running Point Capital Advisors. GameStop (GME) shares slumped on Thursday by 11% after announcing a convertible notes offering. The press release said: "GameStop intends to use the net proceeds from the offering for general corporate purposes, including making investments in a manner consistent with GameStop's Investment Policy and potential acquisitions." Boeing (BA) stock fell 8% before the bell on Thursday after a plane crashed in India with more than 200 people on board near the airport in the country's wester city of Ahmedabad. The plane, which was headed to Gatwick airport in the UK, crashed in a civilian area near the airport. Oil prices pulled back early Thursday morning, reversing earlier overnight gains as traders assessed a US decision to pull some diplomats out of the Middle East. The decision to reduce staffing in Iraq came after Iran threatened to hit US assets in the region ahead of its talks with the US over nuclear-related activity. Brent crude futures fell to under $69 a barrel, while West Texas Intermediate crude traded below $68 a barrel — both down around 1%. Prices jumped over 4% on Wednesday amid reports of a potential evacuation. Reuters reports: Read more here. Gold (GC=F) rose for a second day in a row as tensions in the Middle East, coupled with Trump's claims of upcoming unilateral tariffs, pushed risk-averse investors toward the haven commodity. Bloomberg reports: Read more here. Boeing stock fell on Thursday by 8% in premarket trading after an Air India aircraft carrying over 200 people crashed minutes after taking off from the western Indian city of Ahmedabad. Aviation tracking site Flightradar24 said the plane was a Boeing 787-8 Dreamliner, one of the most modern passenger aircraft in service. Air India confirmed the plane, which was headed to Gatwick Airport in the UK, crashed in a civilian area near the airport, but have not specified if there are any fatalities. It is still not clear what caused the crash. According to Reuters, Boeing confirmed it was aware of the crash and was working to gather more information. The news comes as the planemaker is trying to rebuild trust relating to the safety of its jets and increase production under new Chief Executive Officer Kelly Orthberg. "here's revised fears of the problems that plagued Boeing aircraft and Boeing itself in recent years," said Chris Beauchamp, analyst at IG Group. Economic data: Producer Price Index (May); Initial jobless claims (week ending June 7) Continuing claims (week ending May 31) Earnings: Adobe (ADBE), Lovesac (LOVE), RH (RH) Here are some of the biggest stories you may have missed overnight and early this morning: Boeing stock slides after plane crashes in India The $11 trillion gap in costing Trump's 'big, beautiful' bill Gundlach: 'Reckoning is coming' for US debt Trump says he will set unilateral tariff rates within weeks Americans flunk on retirement literacy. Here's why it matters. Nvidia, Samsung to take stakes in robot AI startup Skild US long-dated debt faces crucial test in $22 billion auction Oracle stock jumps as AI boosts revenue forecast Here are some top stocks trending on Yahoo Finance in premarket trading: Oracle (ORCL) stock rose 8% in premarket trading on Thursday after the tech company raised its annual forecast, driven by demand for its AI related cloud services. "Oracle's once-stodgy image levels up to 'cloud-native mage,' and the competitive map now looks less like a classic three-player real time strategy and more like a battle-royale with everyone dropping in, looking for compute loot", said Michael Ashley Schulman, partner at Running Point Capital Advisors. GameStop (GME) shares slumped on Thursday by 11% after announcing a convertible notes offering. The press release said: "GameStop intends to use the net proceeds from the offering for general corporate purposes, including making investments in a manner consistent with GameStop's Investment Policy and potential acquisitions." Boeing (BA) stock fell 8% before the bell on Thursday after a plane crashed in India with more than 200 people on board near the airport in the country's wester city of Ahmedabad. The plane, which was headed to Gatwick airport in the UK, crashed in a civilian area near the airport. Oil prices pulled back early Thursday morning, reversing earlier overnight gains as traders assessed a US decision to pull some diplomats out of the Middle East. The decision to reduce staffing in Iraq came after Iran threatened to hit US assets in the region ahead of its talks with the US over nuclear-related activity. Brent crude futures fell to under $69 a barrel, while West Texas Intermediate crude traded below $68 a barrel — both down around 1%. Prices jumped over 4% on Wednesday amid reports of a potential evacuation. Reuters reports: Read more here. Gold (GC=F) rose for a second day in a row as tensions in the Middle East, coupled with Trump's claims of upcoming unilateral tariffs, pushed risk-averse investors toward the haven commodity. Bloomberg reports: Read more here.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store