MineHub Reports Fiscal 2025 Annual Financial Results
Fiscal 2025 was a year of strategic execution that built on the vision MineHub outlined at the start of the year. Despite macroeconomic pressures extending sales cycles, the Company maintained rigorous focus on recurring SaaS revenue, which grew 17% year-over-year, while laying groundwork for scalable, sustainable growth.
Key highlights for the fiscal year include:
As industries face mounting regulatory and efficiency demands, MineHub is leveraging partnerships in Asia with key players including CargoGo and Sumitomo Corporation and strategic collaborations to accelerate adoption of its solutions. These efforts, combined with scalable product innovations, position the Company to sustainably grow recurring revenue in fiscal 2026.
Chief Executive Officer Andrea Aranguren commented, 'Fiscal 2025 was a pivotal year for MineHub as we successfully executed our strategy to transition towards recurring SaaS revenue, resulting in a 17% year-over-year increase in the segment. Our growth in GMV, continued platform enhancements, and the closure of the Abaxx partnership reinforce our momentum and confidence to deliver long-term value. By prioritizing customer-driven innovation, operational discipline, and strategic focus, MineHub is building a resilient foundation for sustainable growth in volatile markets.'
Accelerating Customer Activity
Accelerating customer activity is increasing cumulative GMV transacted on the MineHub platform. MineHub achieved GMV of US$14.7 billion of commodities transacted on its platform in the year ended January 31, 2025, compared to US$12.2 billion in the year ended January 31, 2024.
Fourth Quarter Business Highlights (November 1, 2024 - January 31, 2025)
Outlook for Fiscal 2026
Building on fiscal 2025's strategic groundwork, MineHub is well-positioned to accelerate growth through a phased execution plan that balances immediate priorities with long-term market expansion:
Core Market Execution:
Adjacent Market Penetration:
Strategic Collaboration:
New Market Testing:
Long-Term Growth Levers:
Results of Operations
[This table cannot be displayed. Please visit the source.]
Annual Financial Highlights
MineHub recorded revenue of $2.0 million in fiscal 2025, holding steady compared to the prior year. However, the composition of revenue shifted as the Company focused on growing stable, recurring SaaS revenue instead of pursuing non-recurring and highly variable professional services contracts. As a result, SaaS revenue increased by $240,374, representing a 17% increase compared to fiscal 2024, and this growth in SaaS revenue more than offset a decrease in professional services revenue.
Net loss for fiscal 2025 was $6.2 million, compared to a net loss of $6.5 million in the prior year. The decrease in net loss is primarily due to operating expense reductions, partially offset by non-recurring other income in the prior year.
Fourth Quarter Financial Highlights
MineHub's fourth quarter fiscal 2025 revenue was $386,391. This represents a decrease of $255,091 compared to the prior year, as the Company has successfully transitioned to a recurring SaaS subscription revenue model rather than pursuing one-off professional services fee arrangements that occurred in fiscal 2024.
MineHub recorded a net loss of $1.6 million in the fourth quarter, compared to $1.2 million in the same period last year. This $309,561 increase in net loss was primarily due to a decrease in professional services revenue, partially offset by changes in other income and expenses.
Webinar Details
The Company will also host an investor webinar to discuss its annual financial results on Thursday, May 29, 2025 at 9:00 am PT (12:00 pm ET). The webinar will be hosted by Andrea Aranguren, Chief Executive Officer, and Monika Russell, Chief Financial Officer, who will provide a corporate update, review the annual financial results, and discuss the company's outlook; followed by a question and answer session.
About MineHub
MineHub is the digital supply chain platform for the commodity markets, making raw material supply chains more efficient, resilient and sustainable. MineHub provides enterprise-grade digital solutions that connect buyers, sellers, laboratories and financiers within physical commodities supply chains in a digitally integrated workflow powered by data that is useable, shareable, verifiable and unforgeable. Users of MineHub solutions are in full control of their supply chains, enabling them to optimize their use of resources, respond better and faster to disruptions, and provide a better customer service. Global enterprises already use MineHub solutions as part of their logistics, compliance, trade management and financing operations.
Andrea Aranguren
CEO, MineHub Technologies Inc.
For further information regarding MineHub, please email [email protected] or visit our website at www.minehub.com. Tel: (778) 373-3747.
Cautionary Note Regarding Forward-Looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains statements that are considered 'forward-looking information' within the meaning of applicable Canadian securities legislation ('forward-looking statements') with respect to MineHub including, but not limited to, statements with respect to MineHub's future operational plans, the timing of such plans and anticipated customers. Forward-looking statements are statements that are not historical facts are generally, but not always, identified by the words 'expects', 'plans', 'anticipates', 'believes', 'intends', 'estimates', and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. Although MineHub believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, the Company's ability to raise sufficient capital to fund its operations, applications and for general working capital purposes, changes in economic conditions or financial markets, changes in laws or regulations that could have an impact on the Company's operations, dependence on its key management personnel and market competition. Other risk factors are identified in the 'Risks and Uncertainties' section of the Company's management discussion and analysis for the year ended January 31, 2024, available on the Company's SEDAR+ profile at www.sedarplus.ca. There may be other risk factors not presently known that management believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking statements. Although the Company has attempted to identify risk factors that could cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Also, many of the factors are beyond the control of the Company. Accordingly, readers should not place undue reliance on forward-looking statements or information. The forward-looking information is made as of the date included herein, and the Company assumes no obligation to publicly update or revise such forward-looking information. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of MineHub's management on the date the statements are made. However, except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change.
Footnotes:
(1)
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253718
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RTX cuts 2025 profit forecast as tariff costs weigh US aerospace and defense giant RTX (RTX) cut its 2025 profit forecast on Tuesday, citing President Trump's trade war as the major reason. Shares of the company fell 3% in premarket trading. Reuters reports: Read more here. US aerospace and defense giant RTX (RTX) cut its 2025 profit forecast on Tuesday, citing President Trump's trade war as the major reason. Shares of the company fell 3% in premarket trading. Reuters reports: Read more here. GM stock falls as Trump tariffs take $1B bite out of earnings US automaker General Motors (GM) stock fell over 7.5% on Tuesday after reporting a fall in second quarter core profit of 32% to $3 billion. The automaker said tariffs have sapped $1.1 billion from results as it continues to grapple with President Trump's challenging trade war. Reuters reports: Read more here. US automaker General Motors (GM) stock fell over 7.5% on Tuesday after reporting a fall in second quarter core profit of 32% to $3 billion. The automaker said tariffs have sapped $1.1 billion from results as it continues to grapple with President Trump's challenging trade war. Reuters reports: Read more here. Eyes on the earnings 'broadening' beyond Big Tech Earnings reports from "Magnificent Seven" tech stocks kick off this week with the quarterly releases from Tesla (TSLA) and Google (GOOG). Yahoo Finance's Josh Schafer notes that once again, that cohort is expected to lead S&P 500 earnings growth this quarter. He writes: Read more here. Earnings reports from "Magnificent Seven" tech stocks kick off this week with the quarterly releases from Tesla (TSLA) and Google (GOOG). Yahoo Finance's Josh Schafer notes that once again, that cohort is expected to lead S&P 500 earnings growth this quarter. He writes: Read more here. Trump Media stock surges after acquiring $2 billion of bitcoin The stock of President Trump's namesake media group rose 6% Monday morning after it announced it had purchased $2 billion in bitcoin (BTC-USD) and related securities, Yahoo Finance's David Hollerith reports. Hollerith writes: Trump Media and many other firms — GameStop (GME), for example — have followed in the footsteps of Michael Saylor's software firm turned crypto giant, Strategy (MSTR), buying up bitcoin to hold on their balance sheet in the hopes of replicating MSTR's stock price success. The move from Trump Media follows the House's passage of a trio of crypto bills last week, including the first federal framework for dollar-backed stablecoins. Read more about DJT's rise on Monday here. The stock of President Trump's namesake media group rose 6% Monday morning after it announced it had purchased $2 billion in bitcoin (BTC-USD) and related securities, Yahoo Finance's David Hollerith reports. Hollerith writes: Trump Media and many other firms — GameStop (GME), for example — have followed in the footsteps of Michael Saylor's software firm turned crypto giant, Strategy (MSTR), buying up bitcoin to hold on their balance sheet in the hopes of replicating MSTR's stock price success. The move from Trump Media follows the House's passage of a trio of crypto bills last week, including the first federal framework for dollar-backed stablecoins. Read more about DJT's rise on Monday here. Cleveland-Cliffs reports smaller loss than expected, says tariffs are having 'positive impact' On Monday, Cleveland-Cliffs (CLF) posted a narrower-than-expected earnings loss and revenue that was roughly in line with estimates. Cleveland-Cliffs' earnings came in at $0.50 per share, compared to consensus estimates of a $0.68 per share loss, as compiled by S&P Global. The US-based company, which supplies steel to several automakers, said it's benefiting from President Trump's protectionist policies and 25%-50 tariffs on foreign steel imports. "We have started to see the positive impact that tariffs have on domestic manufacturing, protecting domestic jobs and national security," CEO Lourenco Goncalves said in a statement. "We expect this trend to continue, promoting the resurgence of the American automotive industry supported by a thriving domestic steel industry.' Shares of the steelmaker rose more than 5% at the market open. On Monday, Cleveland-Cliffs (CLF) posted a narrower-than-expected earnings loss and revenue that was roughly in line with estimates. Cleveland-Cliffs' earnings came in at $0.50 per share, compared to consensus estimates of a $0.68 per share loss, as compiled by S&P Global. The US-based company, which supplies steel to several automakers, said it's benefiting from President Trump's protectionist policies and 25%-50 tariffs on foreign steel imports. "We have started to see the positive impact that tariffs have on domestic manufacturing, protecting domestic jobs and national security," CEO Lourenco Goncalves said in a statement. "We expect this trend to continue, promoting the resurgence of the American automotive industry supported by a thriving domestic steel industry.' Shares of the steelmaker rose more than 5% at the market open. Stellantis warns of $2.7B loss for 1H amid tariff headwinds Big Three automaker Stellantis (STLA) warned on Monday that it expects a 2.3 billion euro ($2.7 billion) net loss for the first half of 2025, hit by restructuring costs, ebbing sales, and an initial hit from US tariffs. Reuters reports: Read more here. Big Three automaker Stellantis (STLA) warned on Monday that it expects a 2.3 billion euro ($2.7 billion) net loss for the first half of 2025, hit by restructuring costs, ebbing sales, and an initial hit from US tariffs. Reuters reports: Read more here. 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
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Stock market today: Dow, S&P 500, Nasdaq futures rise as US-Japan breakthrough boosts deal hopes, with Tesla and Google on deck
US stock futures popped on Wednesday after the US struck a trade deal with Japan, lifting hopes for further tariff pacts as Wall Street got ready for Tesla (TSLA) and Alphabet (GOOGL, GOOG) earnings. Dow Jones Industrial Average (YM=F) rose roughly 0.5%, while S&P 500 futures (ES=F) moved up 0.4%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) edged up 0.1%, following a mixed day for stocks. The new pact places a 15% tariff on imports from Japan, President Trump said — a step down from the threatened 25% duties set to hit next week. For its part, Tokyo will make $550 billion in US investment. "It's a great deal for everybody," Trump said late Tuesday. Read more: The latest on Trump's tariffs The major-partner breakthrough lifted optimism that more trade deals will be sealed before Aug. 1, when Trump's sweeping tariffs kick in. Economists believe that if tariffs then average out at 15%, that would be manageable for the global economy, limiting damage. The deal's confidence boost for markets after months of tariff uncertainty is likely to fuel this week's record-setting run in the S&P 500 (^GSPC), which eked out another all-time closing high on Tuesday. But the rally faces a big test in Google-parent Alphabet and Tesla's earnings due after the bell, the first of the "Magnificent Seven" to report. Tesla CEO Elon Musk's rocky relationship with Trump is looming large over the EV maker's earnings. With its stock down nearly 18% year-to-date, investors are watching for updates on the company's core auto business and its robotaxi rollout. With Alphabet, investors are looking for signs that AI investments are starting to pay off as the company pours billions into the technology. A federal judge's decision that could force the company to sell Google Chrome will also be in focus. Meanwhile, investors will scour Wednesday's flurry of quarterly earnings for more insight into how Corporate America is coping with tariffs, after Texas Instruments' (TXN) soft guidance fed fears. Highlights on the docket include Chipotle (CMG), AT&T (T), IBM (IBM), and Alaska Air (ALK). The protein boom is only beginning Yahoo Finance's Hamza Shaban reports in today's Morning Brief: Read more here. Enphase stock slides on warning of hit from Trump policies Shares in Enphase Energy (ENPH) fell after its third quarter revenue forecast fell short, as the US solar company pointed to headwinds from President Trump's policies. The solar equipment maker said Trump's import tariffs had hit its gross margin, after the US in April finalized steep duties on solar cells from Southeast Asia. At the same time, Enphase faces the fallout from Trump's cuts to tax incentives in the renewable energy sector. It said it expects the US residential solar market to shrink 20% next year as tax credits for homeowners end under Trump's sweeping budget legislation. Bloomberg reports: Read more here. Trending tickers: Krispy Kreme, GoPro and Constellation Energy Corporation Here are some top stocks trending on Yahoo Finance in premarket trading: Krispy Kreme (DNUT)`stock rose 22% before the bell boosted by their names trending on social media a day after retail traders snapped up Kohl's (KSS) shares. Camera maker GoPro (GPRO) shares rose 43%, per Reuters short interest in the stock recently stood at 7.7%. Investor interest in heavily shorted stocks has grown after Kohl's jumped 38% on Tuesday amid heavy retail buying. Constellation Energy Corporation (CEG) stock rose 4% premarket after PJM Interconnection released results from its 2026-2027 capacity auction. The grid operator set record prices at $329.17 per megawatt-day, raising total capacity costs to $16.1 billion from $14.7 billion last year. Tesla Q2 earnings preview: 3 things to watch Tesla (TSLA) is slated to report second quarter earnings on Wednesday against an uncertain backdrop for its core auto business and robotaxi rollout. Tesla stock pared some of its losses earlier in the year, as tariffs and a volatile relationship between CEO Elon Musk and President Trump weighed on the company. But the stock is still down about 17% year to date. Yahoo Finance's Pras Subramanian previews three key areas to watch when the EV maker reports: Read more here. Meme stocks are on the move again The return of meme stock mania doesn't appear like it will end on Wednesday. Some of the highest-trending ticker pages on Yahoo Finance this morning are meme crowd favorites Kohl's (KSS), Rocket (RKT), and Krispy Kreme (DNUT). As of 6 a.m. ET, Rocket and Krispy Kreme are each up double-digit percentages in premarket. "The phenomenon of meme stocks isn't going away. I feel like the genie's out of the bottle. And it's just become a way for a certain subset of everyday investors to trade, and that's completely fine," Ritholtz Wealth Management strategist Callie Cox said on Yahoo Finance's Opening Bid (watch below). Makes sense! Texas Instruments stock plunges as guidance disappoints Given how hard the stock market has rallied, any company reporting guidance that is perceived as subpar will get punished. A good example of that will play out with Texas Instruments (TXN) in today's session. The stock is getting pounded premarket, down 12% after third quarter guidance on earnings per share that was 14 cents below consensus on the low end. TXN blamed weak demand in the auto market (heard the same in GM's (GM) outlook on Tuesday). Executives at the key chipmaker for producers of cars and factory equipment said they didn't know how much of the second quarter's jump in revenue was down to customers trying to get ahead of tariffs, per Reuters. Whatever the case, TXN's outlook is putting pressure on similar names in the space: Microchip (MCHP), Analog Devices (ADI), NXP Semiconductors (NXPI), and On Semi (ON). Japanese auto stocks surge as US announces lower-than-expected tariffs Shares of Japanese automakers pumped after U.S. President Donald Trump announced a trade deal with Japan, lowering the previously discussed 25% auto tariffs on Japanese vehicles to 15%. Honda (HMC) surged 9.8%, Toyota (TM) jumped 13.9%, Nissan (7222.T) gained over 5%, and Mazda (7261.T) soared 17.7%. Mitsubishi Motors (7211.T) rose over 12%. According to Japan's NHK, the revised tariff structure includes a 12.5% cut plus a 2.5% 'Most Favored Nation' base rate. The move comes as Japanese auto exports to the US have suffered, plunging 26.7% in June. Trump hailed the deal as the 'largest Deal ever,' claiming Japan would invest $550 billion in the US and allow greater access to its markets, including for American autos, trucks, and agricultural goods. Trending tickers in after-hours trading Texas Instruments, Inc. (TXN) Texas Instruments, a leading chipmaker with the broadest product list in the field, saw its share value drop over 11.6% in after-hours trading. The stock has seen 46% gains in the year to date following a boom in purchases with each wave of tariff announcements. The rapid cooling-off occurred when the executive team announced they were unaware how much of the increase in revenue had been dependent on consumers attempting to circumvent the hike in prices from Trump's tariffs. Enphase Energy, Inc. (ENPH) Solar equipment provider Enphase Energy saw a drop of over 7.2% in the company's stock value in extended trading. With 5% of the market share in the solar equipment field Enphase acts as an early indicator for the impact that Trump's removal of tax credits will have upon the industry. Enphase are pointing towards a 20% drop in the residential market. Read more here. Analog Devices, Inc. (ADI) Shares in semiconductor maker Analog Devices saw a drop of over 4.1% after-hours, erasing gains from the month so far. The company specializes in chips that convert real world input into electrical signals, processing sound, light, temperature, pressure and motion. Investors have been eyeing ADI's earnings reports, still not due for another month. The protein boom is only beginning Yahoo Finance's Hamza Shaban reports in today's Morning Brief: Read more here. Yahoo Finance's Hamza Shaban reports in today's Morning Brief: Read more here. Enphase stock slides on warning of hit from Trump policies Shares in Enphase Energy (ENPH) fell after its third quarter revenue forecast fell short, as the US solar company pointed to headwinds from President Trump's policies. The solar equipment maker said Trump's import tariffs had hit its gross margin, after the US in April finalized steep duties on solar cells from Southeast Asia. At the same time, Enphase faces the fallout from Trump's cuts to tax incentives in the renewable energy sector. It said it expects the US residential solar market to shrink 20% next year as tax credits for homeowners end under Trump's sweeping budget legislation. Bloomberg reports: Read more here. Shares in Enphase Energy (ENPH) fell after its third quarter revenue forecast fell short, as the US solar company pointed to headwinds from President Trump's policies. The solar equipment maker said Trump's import tariffs had hit its gross margin, after the US in April finalized steep duties on solar cells from Southeast Asia. At the same time, Enphase faces the fallout from Trump's cuts to tax incentives in the renewable energy sector. It said it expects the US residential solar market to shrink 20% next year as tax credits for homeowners end under Trump's sweeping budget legislation. Bloomberg reports: Read more here. Trending tickers: Krispy Kreme, GoPro and Constellation Energy Corporation Here are some top stocks trending on Yahoo Finance in premarket trading: Krispy Kreme (DNUT)`stock rose 22% before the bell boosted by their names trending on social media a day after retail traders snapped up Kohl's (KSS) shares. Camera maker GoPro (GPRO) shares rose 43%, per Reuters short interest in the stock recently stood at 7.7%. Investor interest in heavily shorted stocks has grown after Kohl's jumped 38% on Tuesday amid heavy retail buying. Constellation Energy Corporation (CEG) stock rose 4% premarket after PJM Interconnection released results from its 2026-2027 capacity auction. The grid operator set record prices at $329.17 per megawatt-day, raising total capacity costs to $16.1 billion from $14.7 billion last year. Here are some top stocks trending on Yahoo Finance in premarket trading: Krispy Kreme (DNUT)`stock rose 22% before the bell boosted by their names trending on social media a day after retail traders snapped up Kohl's (KSS) shares. Camera maker GoPro (GPRO) shares rose 43%, per Reuters short interest in the stock recently stood at 7.7%. Investor interest in heavily shorted stocks has grown after Kohl's jumped 38% on Tuesday amid heavy retail buying. Constellation Energy Corporation (CEG) stock rose 4% premarket after PJM Interconnection released results from its 2026-2027 capacity auction. The grid operator set record prices at $329.17 per megawatt-day, raising total capacity costs to $16.1 billion from $14.7 billion last year. Tesla Q2 earnings preview: 3 things to watch Tesla (TSLA) is slated to report second quarter earnings on Wednesday against an uncertain backdrop for its core auto business and robotaxi rollout. Tesla stock pared some of its losses earlier in the year, as tariffs and a volatile relationship between CEO Elon Musk and President Trump weighed on the company. But the stock is still down about 17% year to date. Yahoo Finance's Pras Subramanian previews three key areas to watch when the EV maker reports: Read more here. Tesla (TSLA) is slated to report second quarter earnings on Wednesday against an uncertain backdrop for its core auto business and robotaxi rollout. Tesla stock pared some of its losses earlier in the year, as tariffs and a volatile relationship between CEO Elon Musk and President Trump weighed on the company. But the stock is still down about 17% year to date. Yahoo Finance's Pras Subramanian previews three key areas to watch when the EV maker reports: Read more here. Meme stocks are on the move again The return of meme stock mania doesn't appear like it will end on Wednesday. Some of the highest-trending ticker pages on Yahoo Finance this morning are meme crowd favorites Kohl's (KSS), Rocket (RKT), and Krispy Kreme (DNUT). As of 6 a.m. ET, Rocket and Krispy Kreme are each up double-digit percentages in premarket. "The phenomenon of meme stocks isn't going away. I feel like the genie's out of the bottle. And it's just become a way for a certain subset of everyday investors to trade, and that's completely fine," Ritholtz Wealth Management strategist Callie Cox said on Yahoo Finance's Opening Bid (watch below). Makes sense! The return of meme stock mania doesn't appear like it will end on Wednesday. Some of the highest-trending ticker pages on Yahoo Finance this morning are meme crowd favorites Kohl's (KSS), Rocket (RKT), and Krispy Kreme (DNUT). As of 6 a.m. ET, Rocket and Krispy Kreme are each up double-digit percentages in premarket. "The phenomenon of meme stocks isn't going away. I feel like the genie's out of the bottle. And it's just become a way for a certain subset of everyday investors to trade, and that's completely fine," Ritholtz Wealth Management strategist Callie Cox said on Yahoo Finance's Opening Bid (watch below). Makes sense! Texas Instruments stock plunges as guidance disappoints Given how hard the stock market has rallied, any company reporting guidance that is perceived as subpar will get punished. A good example of that will play out with Texas Instruments (TXN) in today's session. The stock is getting pounded premarket, down 12% after third quarter guidance on earnings per share that was 14 cents below consensus on the low end. TXN blamed weak demand in the auto market (heard the same in GM's (GM) outlook on Tuesday). Executives at the key chipmaker for producers of cars and factory equipment said they didn't know how much of the second quarter's jump in revenue was down to customers trying to get ahead of tariffs, per Reuters. Whatever the case, TXN's outlook is putting pressure on similar names in the space: Microchip (MCHP), Analog Devices (ADI), NXP Semiconductors (NXPI), and On Semi (ON). Given how hard the stock market has rallied, any company reporting guidance that is perceived as subpar will get punished. A good example of that will play out with Texas Instruments (TXN) in today's session. The stock is getting pounded premarket, down 12% after third quarter guidance on earnings per share that was 14 cents below consensus on the low end. TXN blamed weak demand in the auto market (heard the same in GM's (GM) outlook on Tuesday). Executives at the key chipmaker for producers of cars and factory equipment said they didn't know how much of the second quarter's jump in revenue was down to customers trying to get ahead of tariffs, per Reuters. Whatever the case, TXN's outlook is putting pressure on similar names in the space: Microchip (MCHP), Analog Devices (ADI), NXP Semiconductors (NXPI), and On Semi (ON). Japanese auto stocks surge as US announces lower-than-expected tariffs Shares of Japanese automakers pumped after U.S. President Donald Trump announced a trade deal with Japan, lowering the previously discussed 25% auto tariffs on Japanese vehicles to 15%. Honda (HMC) surged 9.8%, Toyota (TM) jumped 13.9%, Nissan (7222.T) gained over 5%, and Mazda (7261.T) soared 17.7%. Mitsubishi Motors (7211.T) rose over 12%. According to Japan's NHK, the revised tariff structure includes a 12.5% cut plus a 2.5% 'Most Favored Nation' base rate. The move comes as Japanese auto exports to the US have suffered, plunging 26.7% in June. Trump hailed the deal as the 'largest Deal ever,' claiming Japan would invest $550 billion in the US and allow greater access to its markets, including for American autos, trucks, and agricultural goods. Shares of Japanese automakers pumped after U.S. President Donald Trump announced a trade deal with Japan, lowering the previously discussed 25% auto tariffs on Japanese vehicles to 15%. Honda (HMC) surged 9.8%, Toyota (TM) jumped 13.9%, Nissan (7222.T) gained over 5%, and Mazda (7261.T) soared 17.7%. Mitsubishi Motors (7211.T) rose over 12%. According to Japan's NHK, the revised tariff structure includes a 12.5% cut plus a 2.5% 'Most Favored Nation' base rate. The move comes as Japanese auto exports to the US have suffered, plunging 26.7% in June. Trump hailed the deal as the 'largest Deal ever,' claiming Japan would invest $550 billion in the US and allow greater access to its markets, including for American autos, trucks, and agricultural goods. Trending tickers in after-hours trading Texas Instruments, Inc. (TXN) Texas Instruments, a leading chipmaker with the broadest product list in the field, saw its share value drop over 11.6% in after-hours trading. The stock has seen 46% gains in the year to date following a boom in purchases with each wave of tariff announcements. The rapid cooling-off occurred when the executive team announced they were unaware how much of the increase in revenue had been dependent on consumers attempting to circumvent the hike in prices from Trump's tariffs. Enphase Energy, Inc. (ENPH) Solar equipment provider Enphase Energy saw a drop of over 7.2% in the company's stock value in extended trading. With 5% of the market share in the solar equipment field Enphase acts as an early indicator for the impact that Trump's removal of tax credits will have upon the industry. Enphase are pointing towards a 20% drop in the residential market. Read more here. Analog Devices, Inc. (ADI) Shares in semiconductor maker Analog Devices saw a drop of over 4.1% after-hours, erasing gains from the month so far. The company specializes in chips that convert real world input into electrical signals, processing sound, light, temperature, pressure and motion. Investors have been eyeing ADI's earnings reports, still not due for another month. Texas Instruments, Inc. (TXN) Texas Instruments, a leading chipmaker with the broadest product list in the field, saw its share value drop over 11.6% in after-hours trading. The stock has seen 46% gains in the year to date following a boom in purchases with each wave of tariff announcements. The rapid cooling-off occurred when the executive team announced they were unaware how much of the increase in revenue had been dependent on consumers attempting to circumvent the hike in prices from Trump's tariffs. Enphase Energy, Inc. (ENPH) Solar equipment provider Enphase Energy saw a drop of over 7.2% in the company's stock value in extended trading. With 5% of the market share in the solar equipment field Enphase acts as an early indicator for the impact that Trump's removal of tax credits will have upon the industry. Enphase are pointing towards a 20% drop in the residential market. Read more here. Analog Devices, Inc. (ADI) Shares in semiconductor maker Analog Devices saw a drop of over 4.1% after-hours, erasing gains from the month so far. The company specializes in chips that convert real world input into electrical signals, processing sound, light, temperature, pressure and motion. Investors have been eyeing ADI's earnings reports, still not due for another month. 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
