Ice Cream Woes Highlight Struggles Global Food Giants Face in China
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
8 minutes ago
- Yahoo
Amphenol to buy CommScope's broadband connectivity, cable unit for $10.5 billion
(Reuters) -Fiber-optic cable maker Amphenol said on Monday it will buy CommScope's connectivity and cable solutions business for $10.5 billion in an all-cash deal. Shares of CommScope surged 42% in premarket trading, while Amphenol rose about 2%. The transaction aims to bolster Amphenol's portfolio, particularly by adding fiber optic interconnect products for artificial intelligence and other data center applications. The deal is expected to close in the first half of 2026 and will add to Amphenol's diluted earnings per share in first full year after closing. 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
Yahoo
8 minutes ago
- Yahoo
Why Navitas Semiconductor Stock Plummeted Last Week
Key Points Navitas stock sank early in last week's trading in response to U.S.-China trade news. A trade agreement between the U.S. and China could eventually mean that Navitas winds up facing far more competition. Selling into the Chinese market presents big opportunities for Navitas, but competition from Chinese suppliers is a long-term risk factor. 10 stocks we like better than Navitas Semiconductor › Navitas Semiconductor (NASDAQ: NVTS) stock saw big sell-offs in conjunction with news on the trade front last week. The company's share price fell 9.2% from where it stood at the previous week's market close. Meanwhile, the S&P 500 was down 2.4%, and the Nasdaq Composite slipped 2.2%. Navitas' valuation got hit with a steep pullback early in the week due to fresh developments in the trade war between the U.S. and China. On the other hand, the company's share price actually saw substantial recovery later in the week after it was announced that the tech specialist had won a new battery contract with a major Chinese customer. Navitas stock saw wild swings on China-related news The Trump administration announced on July 28 that it had paused restrictions preventing semiconductors for artificial intelligence (AI) and chip manufacturing equipment from being sold to China. The administration lifted the restrictions in order to increase the chances of getting a trade deal done with China, and it's possible that a trade agreement between the two countries could create some headwinds over the long term for Navitas. The tech specialist produces gallium nitride (GaN) power chips and silicon carbide (SiC) technologies, and a trade deal could reduce competitive barriers and mean that the company winds up facing pressures from Chinese suppliers in its core product categories. Navitas' trade situation is complicated While Navitas stock suffered a big pullback early in the week in response to trade news, its share price saw some significant recovery after the company announced it was providing technology for a new device charger from Xiaomi -- one of China's largest tech players. Xiaomi's next-generation 90W GaN charger will make use of Navitas' GaNSense Control integrated circuits. The Chinese market presents potentially massive opportunities for Navitas, but there's also a risk that competition from other GaN and SiC suppliers in the country will lead to commodification trends that hurt its long-term outlook. Should you invest $1,000 in Navitas Semiconductor right now? Before you buy stock in Navitas Semiconductor, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Navitas Semiconductor 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 $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Navitas Semiconductor Stock Plummeted Last Week was originally published by The Motley Fool Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
8 minutes ago
- Yahoo
China's Ant Group to exit India's Paytm, CNBC-TV18 reports
(Reuters) -China's Ant Group will exit Indian payments firm Paytm, selling its remaining 5.84% equity stake in block deals that could total 38 billion rupees ($433.72 million), CNBC-TV18 reported on Monday, citing sources. ($1 = 87.6150 Indian rupees)
