First Solar has recently reported another solid quarter, with impressive financial results and a record order backlog that extends well into the future. Despite the volatile nature of the solar sector, First Solar has managed to perform well, positioning itself as a relative safe haven for investors. The company’s focus on large, utility-scale projects has
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China has recently strengthened its national security measures by broadening the scope of state secrets protection to include a new category called “work secrets.” President Xi Jinping signed an order to officially adopt revisions to the law on “Guarding State Secrets,” which highlights the importance of safeguarding sensitive information. This move has raised concerns among
In a recent study conducted by Douglas Elliman and Knight Frank, it was revealed that a significant portion of American ultra-high-net individuals, those with a net worth of $30 million or more, are looking to purchase residential properties this year. Interestingly, the average ultra-high-net-worth individual already owns four homes, with one-quarter of their residential portfolio
The Hong Kong-listed Chinese property stocks experienced a significant decline on Wednesday, prompted by renewed concerns over a potential real estate meltdown. The situation worsened when Country Garden, one of the embattled developers, was hit with a liquidation petition. This move caused the stock to plummet by 11%, pushing it deeper into penny stock territory.
Despite central bank comments hinting at the possibility of an interest rate hike before the end of the year, property analysts are still forecasting a 5.0% rise in Australian home prices in 2024. This projection remains unchanged from the previous poll conducted three months ago. Following a 25% surge during the pandemic, average house prices
Honor, a Chinese technology company, announced its plans to launch a foldable flip phone this year, marking its first foray into the vertical-folding style of smartphones that have become increasingly popular. This move by Honor is in line with their strategy to enter the premium end of the market and compete with giants like Samsung
In the realm of university endowments, Ivy League institutions have long been seen as the gold standard. However, Baylor University has emerged as a new endowment performer to be reckoned with. With a significantly smaller endowment of $2 billion compared to the likes of Harvard’s $50.7 billion, Baylor has managed to generate an impressive 6.4%
Rocket Lab has reported fourth-quarter results indicating a net loss of $50.5 million, or 10 cents per share. This represents a significant increase in losses year over year, as the company continues to heavily invest in the development of its Neutron rocket. The full-year loss also widened to $182.6 million. Despite the widening losses, revenue
Samsung Electronics made headlines this week with the announcement of its newest high-bandwidth memory chip, the HBM3E 12H. This cutting-edge chip boasts the “highest-capacity to date” in the industry, marking a significant advancement in performance and capacity. Yongcheol Bae, executive vice president of memory product planning at Samsung Electronics, emphasized the growing demand for high-capacity
Canada recently unveiled new draft legislation aimed at combating online hate, with a specific focus on protecting children from online predators. The bill introduced by the Liberal government of Prime Minister Justin Trudeau includes provisions that would require major social media companies to swiftly remove harmful content, such as content that sexually victimizes a child