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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIron ore the 'last domino to fall' in commodities, strategist saysIan Roper, commodity strategist at Astris Advisory Japan KK, discusses the outlook for the global iron ore market.
Persons: Ian Roper Organizations: Astris Advisory Japan KK
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLack of mine supply will become an 'increasing issue' for copper prices: AnalystIan Roper of Astris Advisory Japan KK breaks down the latest price movements for iron ore and copper.
Persons: Ian Roper Organizations: Astris Advisory, Astris Advisory Japan KK Locations: Astris Advisory Japan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBounce in base metal prices has to do with optimism on Western recovery: StrategistIan Roper, commodity strategist at Astris Advisory Japan KK, discusses what's behind their rise, citing factors such as the pick-up in industrial activity in Europe and North America.
Persons: Ian Roper Organizations: Astris Advisory Japan KK Locations: Europe, North America
Gold and copper have been on fire, as geopolitical tensions mount, central banks buy up gold, and AI demand for copper grows. Copper, too, has done well, with copper futures hitting their highest level since 2022 last weekend. Stock picks He named Australian gold miner Northern Star and copper miner Southern Copper as stocks he's bullish on right now. He said against that backdrop, he's getting back into some gold mining stocks such as Gold Fields and K92 Mining. It said that copper demand will already "significantly exceed" supply starting this year — and that's not even accounting for demand growth from data centers.
Persons: Kingsley Jones, Jevons, CNBC's, Jones, Kamil Dimmich, Dimmich, he's, that's, Jefferies, Teck, Ian Roper, Michael Bloom Organizations: Wall Street, U.S . Federal Reserve, Stock, Northern Star, South, K92 Mining, Jefferies, JPMorgan, Teck Resources, North, Astris Advisory Japan KK, CNBC Locations: USA, Europe, South Capital, East, China, Freeport, McMoRan, Lundin, Teck, North America
Arm IPO to put SoftBank's AI hard sell to the test
  + stars: | 2023-08-21 | by ( Anton Bridge | ) www.reuters.com   time to read: +4 min
A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. The billionaire also said he has spent months creating hundreds of inventions with AI-powered ChatGPT that he believes can be realised through Arm. Analysts also caution that Arm does not sit at the centre of the AI boom but is more AI-adjacent. Nvidia has developed a "superchip" for use in data centres - the GH200, which contains CPUs based on Arm architecture. Many SoftBank portfolio companies will embrace and apply generative AI but that does not make them AI companies," said Victor Galliano of Galliano's Latin Notes, who publishes on Smartkarma.
Persons: Dado Ruvic, Masayoshi Son, Son, SoftBank, Kirk Boodry, it's, Boodry, Rolf Bulk, Victor Galliano, Anton Bridge, Edwina Gibbs Organizations: REUTERS, Rights, SoftBank, Nasdaq, SoftBank Group, Vision Fund, Astris Advisory, Fund, Nvidia, New, Research, Qualcomm, Apple, Google, Thomson Locations: Astris Advisory Japan, Saudi
The timing of the listing was still unclear as money-losing PayPay needs to first demonstrate a clear path to profitability, the source said. SoftBank has previously set a PayPay listing as a goal, with one executive saying in November it was worth just under 1 trillion yen ($7.17 billion). Representatives for PayPay and SoftBank Group's (9984.T) domestic telecoms business, SoftBank Corp (9434.T), said they would not comment on speculation. PayPay is owned by SoftBank Corp, its internet business, Z Holdings (4689.T), and the group's second Vision Fund. PayPay booked a loss before interest, taxes, depreciation and amortisation of 11.9 billion yen in the year ended March, compared to a loss of 43.2 billion yen a year earlier.
Persons: SoftBank, SoftBank Group's, Kirk Boodry, Son, PayPay, Sam Nussey, Miho Uranaka, Scott Murdoch, David Dolan, Muralikumar Organizations: Companies, Z Holdings, PayPay, SoftBank Corp, Vision Fund, SoftBank, Syla Technologies, Rakuten Bank, SBI Sumishin, Bank, Astris Advisory, Mobile Marketing, Cambridge, Thomson Locations: . New York, Tokyo, New York, U.S, Astris Advisory Japan, Japan, England
[1/2] The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. The fourth-quarter earnings come after the Vision Fund unit posted four consecutive quarters of investment loss, with investors debating whether the value of privately held stakes have further to fall. Portfolio firms of the Vision Fund unit whose shares climbed during January-March include e-commerce firm Coupang Inc (CPNG.N) and robotics firm AutoStore Holdings Ltd (AUTO.OL). What matters is Arm for SoftBank to demonstrate it can get results as an investment company," said SMBC Nikko Securities analyst Satoru Kikuchi. Still, SoftBank executives are unlikely to offer meaningful new information about the Arm listing on Thursday, Kikuchi said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGold prices have been 'subdued' in light of macroeconomic uncertainty, strategist saysIan Roper of Astris Advisory Japan KK says "gold's kind of been suffering, with rates going up."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCommodities outlook hinges on China's Covid situation, strategist saysIan Roper of Astris Advisory Japan says "the key question is going to be how quickly can economic activity pick up post-Chinese New Year."
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