My Global Zone

Nikola Corporation has filed for Chapter 11 bankruptcy, impacting the electric vehicle sector. The bankruptcy filing occurs as Nikola plans to auction its assets, with limited cash flow sustaining operations until March. The company’s HYLA fueling operations rely on finding partners to survive beyond spring. Founded in 2014, Nikola rose quickly after a high-profile SPAC … Read more

Teva Pharmaceutical Industries is undergoing a transformation from focusing on generic medicines to branded drugs and biopharmaceuticals. This year saw Teva’s stock rise 27.46%, although it experienced a 24.72% drop recently, highlighting market volatility. Under new leadership, Teva aims to improve execution, expand margins, and advance clinical trials. Despite a reduced number of hedge fund … Read more

The market reacted mildly to Stryker Corporation’s recent earnings dip, which was due to $1.3 billion in uncommon expenses. These expenses are viewed as temporary, suggesting potential future financial recovery. Stryker’s earnings per share have grown by an impressive 49% annually over the past three years. Despite current financial concerns, underlying growth signals suggest resilience … Read more

Smurfit Westrock Plc’s recent earnings report signals caution despite stable net income figures. The company’s share count doubled, diluting shareholder value and contributing to a 74% drop in earnings per share (EPS) over three years. A US$395 million impact from unusual items has further affected financial performance, though these may not recur. Future profit recovery … Read more

Wix.com surpasses Wall Street expectations with a notable rise in earnings per share to $1.93, up from $1.22 last year. Strategic enhancements and AI-driven innovations in Wix’s Studio platform are key to its impressive financial performance and growth. The advanced AI visual sitemap in Studio sets industry benchmarks, with Wix projecting further expansion by 2025. … Read more

Strategy (formerly MicroStrategy) transitions into the largest corporate Bitcoin holder, shifting from a software firm to focus on digital currency. MARA Holdings (formerly Marathon Digital) faces challenges with high energy consumption and operational costs due to Bitcoin mining. Despite Bitcoin’s 90% gain, Strategy’s stock soared by 370%, while MARA saw a 35% decline, highlighting their … Read more

Wheaton Precious Metals achieved over 633,000 gold equivalent ounces (GEOs) in 2024, exceeding their own forecasts and marking a significant milestone. The company draws parallels to historic gold rushes, emphasizing their innovative and precise mining operations. Wheaton’s success is attributed to a blend of advanced machinery and human expertise, highlighting their commitment to excellence. Looking … Read more

1895 Bancorp of Wisconsin is delistng from Nasdaq, marking a strategic shift for the parent company of PyraMax Bank. The decision highlights 1895 Bancorp’s pursuit of independence to streamline operations and reduce regulatory constraints. The move symbolizes autonomy, akin to a seasoned dancer leaving the stage or a bird charting its own course above a … Read more

Tiger Brokers enhances its platform by integrating DeepSeek’s AI model into TigerGPT, aiming to improve trading decisions and user experience. Chinese rivals like Sinolink Securities and CICC Wealth Management are also embracing AI to redefine research, risk evaluation, and client engagement. Elon Musk’s xAI introduces Grok-3, a competitive AI product against OpenAI’s GPT-4, costing $22 … Read more

The U.S.-China tech rivalry accelerates competition in the semiconductor industry, particularly around AI development. Skyworks Solutions, Inc. (SWKS) is adapting to industry challenges by shifting focus towards Android and non-smartphone sectors. Despite a Q1 earnings setback, Skyworks aims to capitalize on increasing demand in Broad Markets and successes in Mobile products. Ranked 11th among semiconductor … Read more