As of the end of March 2025, the company had a net cash position of over NZD 1 billion.

We assign Tencent Music a narrow moat rating. The company is the biggest music streaming platform in China by far, and we have confidence that the company will generate excess ret ...

UnitedHealth's stock has tumbled 39.1% in 2025 through Wednesday's close, and will likely become the S&P 500's worst performer this year on Thursday. In comparison, the Health Care Select Sector SPDR ...

Coinbase's stock was down by 2.4% in pre-market trading. The stock has risen 6.1% in 2025 and is set to join the S&P 500 SPX on Monday. The S&P 500 has risen 0.2% in 2025 after dropping sharply in ...

ASX is in a strong financial position due to its high margins, capital-light business model, and limited debt as of December 2024. ASX also maintains an effective monopoly for most of its businesses, ...

Gearing ratios can be volatile, given the swings in inventory levels. The net debt gearing ratio (net debt/net debt plus equity) sat at just 6% at fiscal 2024 year-end. Core debt gearing (core ...

OTTAWA--A group of indigenous communities in Western Canada will grab a stake in a key Enbridge natural gas pipeline, securing income from an asset that has run through their traditional lands for ...

Chief Financial Officer Toby Xu said the company delivered a strong quarter. "We are confident in our business outlook and will continue to invest in our core businesses to strengthen our competitive ...

Something suspicious is happening with gold. Not the kind of suspicion when your neighbor suddenly buys a Ferrari. I mean the kind when a guy in dark glasses unloads mysterious crates at 2 a.m. In the ...

European defense stocks were rallying on Thursday, as Germany's foreign minister said the country accepted the 5% of GDP defense-spending target for NATO countries.

The Hangzhou, China-based company on Thursday said revenue rose 6.6% to 236.45 billion yuan, equivalent to $32.80 billion. The growth in Alibaba's core e-commerce and cloud businesses supported the ...

"The buy-the-dip strategy in early April has clearly paid off," said a team of JPMorgan strategists led by Emma Wu. "We estimate retail investors' portfolio is up 15.1% since April 8, closely aligning ...