Ultime notizie per Yum China Holdings (NYSE:YUMC) Azioni

Yum China Holdings

With more than 16,000 units and almost USD 12 billion in systemwide sales in 2024, Yum China is the largest restaurant operator in China. It generates revenue through its own restaurants and franchise fees. Key concepts include KFC (11,648 units) and Pizza Hut (3,724), but the company's portfolio also includes other brands such as Little Sheep, Taco Bell, Huang Ji Huang, and Lavazza (collectively representing more than 1,000 units). Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to the company it separated from in October 2016.

Honda. Image Via Shutterstock

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YUMC

L&#39;indicatore tecnico segnala una situazione di ipercomprato per due società del comparto. Analisi e potenziali implicazioni.

Rischio correzione: 2 titoli del settore dei beni di consumo con RSI troppo alto

Yum China Holdings Inc

Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares are trading lower Wednesday following reports the company suspended plans to ship parts for its <a href="https://www.benzinga.com/25/04/44831422/donald-trumps-145-tariffs-on-china-could-disrupt-teslas-cybercab-semi-production-report">Cybercab and Semi from China</a>.
What To Know: Tesla halted plans to ship Cybercab and Semi electric truck parts from China after President Donald Trump raised tariffs on Chinese goods amid an intensifying trade war, per Reuters. 
The report indicates that Tesla initially planned to take on the costs after Trump imposed 34% tariffs on Chinese goods, but as the trade war escalated, the company decided to pivot.
Trump announced that he was raising additional tariffs on China to 84% last week. He then imposed additional tariffs on Chinese goods to 125%, bringing the total tariff rate up to 145%. China responded with retaliatory tariffs, furthering the trade war between the world&#8217;s two biggest economies.
Tesla was supposed to begin receiving certain components for Cybercab production in the coming months. A person familiar with the matter told Reuters that Tesla had been planning to start trial production of the Cybercab and Tesla Semi in October with mass production targeted in 2026.
Check This Out: <a href="https://www.benzinga.com/markets/equities/25/04/44834045/tesla-touts-fsd-capabilities-elon-says-predicts-cars-will-soon-drive-itself-right-to-your-house">Tesla Touts FSD Capabilities, Elon Says Predicts Cars Will Soon &#8216;Drive Itself Right To Your House&#8217;</a>
Multiple sources reportedly said that Tesla has been increasing the proportion of parts sourced from North America for its U.S.-based factories in anticipation of potential tariffs for approximately two years. 
Tesla unveiled its Cybercab at a highly anticipated event in October and said at the time that it planned to start building the models by 2026. Benzinga reported in February that <a href="https://www.benzinga.com/tech/25/02/43906182/tesla-begins-hiring-for-cybercab-manufacturing-as-elon-musk-led-ev-giant-prepares-for-robotaxi-rollout">Tesla started hiring</a> for the start of production of its Cybercab based on job listings on the company&#8217;s website.
Tesla has also said that it plans to ramp up production of its Semi electric trucks in 2026. The Reuters report suggests that those timelines could be pushed out, however, it&#8217;s not clear how long the parts order suspension will last.
Checks from Friday also showed that Tesla stopped taking new orders for its Model S and Model X vehicles on its Chinese website as the U.S.-China trade war continues to heat up. 
TSLA Price Action: <a href="http://benzinga.com/quote/tsla">Tesla shares</a> were down 2.39% at $248.10 at the time of publication Wednesday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: courtesy of Tesla.

Global

Movers

TSLA

Tesla Stock Is Trading Lower Wednesday: What's Going On?

Melinda French Gates, co-founder of the Gates Foundation and founder of Pivotal Ventures, recently opened up about navigating life&#8217;s major shifts, while emphasizing the importance of not rushing through significant transitions, referring to the period between changes as a valuable &#8220;clearing&#8221; — a quiet space rich with lessons.
What Happened: In a candid <a href="https://www.wsj.com/style/melinda-french-gates-pivotal-memoir-the-next-day-c3472c50?mod=hp_featst_pos4">conversation</a> with the Wall Street Journal, Gates, 60, talks about her memoir, &#8220;The Next Day,&#8221; which explores her life&#8217;s shifts candidly, including her experiences with panic attacks around her divorce from Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) founder Bill Gates. French Gates stresses the value of acknowledging one&#8217;s mental health struggles openly, hoping her honesty will resonate and assist others.
<h3 class="wp-block-heading">Stepping Into Independence With Pivotal</h3>
After <a href="https://www.benzinga.com/news/24/05/38798008/melinda-french-gates-to-resign-as-gates-foundation-co-chair-plans-to-continue-her-own-philanthropic">two decades</a> at the Gates Foundation, Melinda French Gates <a href="https://www.benzinga.com/startups/24/10/41404789/melinda-french-gates-unveils-groundbreaking-250-million-womens-health-fund">now leads</a> Pivotal Ventures full-time, majorly shifting her focus to issues directly affecting American women. Her $1 billion commitment through Pivotal aims at addressing women's health, caregiving, and gender equality. She highlights the profound setbacks women have faced, particularly post the Dobbs decision, and throws light on maternal mortality as an urgent crisis demanding immediate action.
See also: <a href="https://www.benzinga.com/general/health-care/25/04/44835610/game-changing-study-confirms-medical-cannabis-helps-cancer-patients-we-found-overwhelming-scientific-consensus">Game-Changing Study Confirms Medical Cannabis Helps Cancer Patients: &#8216;We Found Overwhelming Scientific Consensus&#8217;</a>
Despite these intense responsibilities, French Gates appreciates the reduced international travel, allowing her more family time — a priority she deeply values at this stage.
<h3 class="wp-block-heading">Cold Plunges and Kayaking</h3>
French Gates maintains a practical personal routine: early morning walks with longtime friends, summer kayaking, winter workouts, and even a decade-long dedication to cold plunges, attributing them to mental resilience. She remains comfortably private in Seattle, appreciating simple pleasures like Audrey Hepburn memorabilia and leisurely reading cultural fiction.
When reflecting on legacy, French Gates prioritizes tangible societal improvements for future generations, inspired by wise words from Warren Buffett: &#8220;You're working on the problems society left behind…so don't be so tough on yourself.&#8221;
Read next: <a href="https://www.benzinga.com/25/04/44836407/this-boston-scientific-analyst-turns-bullish-here-are-top-5-upgrades-for-wednesday">This Boston Scientific Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday</a>

Education

Health Care

General

MSFT

Melinda French Gates Talks About Navigating Panic Attacks And Personal Reinvention After Microsoft

Stifel analyst Nathan Jones maintains Pentair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNR#NYSE">PNR</a>) with a Buy and lowers the price target from $125 to $102.

Price Target

Analyst Ratings

Stifel Maintains Buy on Pentair, Lowers Price Target to $102

U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) reported first-quarter earnings per share of $1.03 on Wednesday, which beat the<a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener"> analyst consensus estimate of 98 cents.</a>
The parent company of U.S. Bank reported <a href="https://s203.q4cdn.com/711684571/files/doc_financials/2025/q1/1Q25-Earnings-Release.pdf" target="_blank" rel="noreferrer noopener">quarterly </a>revenues of $6.95 billion. It outpaced the analyst consensus estimate of $6.91 billion.
Adjusted Net interest income rose 2.7% year over year to $4.092 billion. The company reported quarterly net interest margin of 2.72%, an increase of 2 basis points on a year-over-year basis, and a one basis point increase on a linked quarter basis. Noninterest income jumped 5% year over year to $2.836 billion.
Also Read:<a target="_blank" href="https://www.benzinga.com/25/04/44836515/how-to-earn-500-a-month-from-fifth-third-bancorp-stock-ahead-of-q1-earnings" rel="noreferrer noopener"> How To Earn $500 A Month From Fifth Third Bancorp Stock Ahead Of Q1 Earnings</a>
&#8220;We managed expenses with discipline and delivered 270 basis points of positive operating leverage on an adjusted basis – our third consecutive quarter of yearover-year growth in revenues outpacing expenses,&#8221; said U.S. Bancorp CEO Gunjan Kedia.
U.S. Bancorp&#8217;s average total loans increased 2.1% on a year-over-year basis and 0.9% on a linked quarter basis.
The company&#8217;s provision for credit losses fell 2.9% year over year to $537 million largely driven by improved credit quality and portfolio mix.
CET1 capital ratio was 10.8% at March 31, 2025, compared with 10.6% at December 31, 2024.
&#8220;As we navigate macroeconomic uncertainties, we will continue to manage the bank with strong risk management capabilities,&#8221; Kedia added.
Price Action: USB shares are trading higher by 1.40% to $39.17 premarket at last check Wednesday.
Read More:
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<li><a href="https://www.benzinga.com/markets/25/04/44811698/jim-cramer-planet-fitness-is-doing-better-than-expected-says-no-to-this-industrial-stock" target="_blank" rel="noreferrer noopener">Jim Cramer: Planet Fitness Is Doing Better Than Expected, Says No To This Industrial Stock</a></li>
</ul>
Image: Shutterstock

Earnings

Equities

Guidance

U.S. Bancorp Beats Q1 Estimates, CEO Says 'Revenues Outpaced Expenses'

Stifel analyst Simon Yarmak maintains Pebblebrook Hotel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEB#NYSE">PEB</a>) with a Buy and lowers the price target from $16.5 to $13.25.

Stifel Maintains Buy on Pebblebrook Hotel, Lowers Price Target to $13.25

LAFAYETTE, COLORADO / <a href="https://www.accessnewswire.com/">ACCESS Newswire</a> / April 16, 2025 / urban-gro, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UGRO#NASDAQ">UGRO</a>) ("urban-gro" or the "Company"), an integrated professional services and Design-Build firm offering solutions to multiple sectors, today announced that the firm has secured three new contracts with the internationally renowned restaurant from Brazil, Fogo de Chão. The Company has been awarded a comprehensive construction contract for a new restaurant in Murray, Utah, where they will oversee the entire project lifecycle from preconstruction to post-construction phases. Additionally, the Company has also been awarded two Construction Management ("CM") contracts, taking a leadership role in overseeing the construction process while acting as the owner's representative. In this capacity, the Company will define project objectives, deliverables, and timelines to ensure smooth execution for new restaurant locations in Las Vegas, Nevada and Rancho Cucamonga, California.
These new agreements build upon urban-gro's existing portfolio of ongoing projects with Fogo de Chão in Texas and Colorado, demonstrating the client's continued trust in the Company. Work on all three projects is set to begin immediately, with the bulk of the revenue anticipated to be recognized by the third quarter of 2025.

Contracts

UGRO

Urban-gro Secures Three New Contracts With Fogo de Chão

Shares of real estate investment trust Prologis Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) are rising after the company reported <a href="https://www.benzinga.com/pressreleases/25/04/n44835625/prologis-reports-first-quarter-2025-results" target="_blank" rel="noreferrer noopener">first-quarter FY25 earnings results</a>.
Rental and other revenue&nbsp;stood at&nbsp;$2.00 billion, missing the analyst consensus estimate of&nbsp;$2.04 billion.
Core FFO of&nbsp;$1.42 <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">beat the analyst consensus estimate of&nbsp;$1.38.&nbsp;</a>
Owned &amp; Managed Average Occupancy was&nbsp;94.9%&nbsp;and Prologis Share Average Occupancy was&nbsp;94.8%.
Prologis Share of Same Store Property NOI &#8211; Cash rose 6.2% Y/Y to $1.35 billion.
Total expenses for the quarter increased&nbsp;to&nbsp;$1.33 billion from $1.29 billion a year ago quarter.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/commodities/25/04/44651693/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" rel="noreferrer noopener">Benzinga&#8217;s &#8216;Stock Whisper&#8217; Index: 5 Stocks Investors Secretly Monitor But Don&#8217;t Talk About Yet</a>
Operating income for the quarter jumped to&nbsp;$878 million from $720 million in the prior year&#8217;s quarter.
EPS remained flat Y/Y at $0.63 in the quarter. Adjusted EBITDA surged to $1.77 billion&nbsp;from $1.60 billion in the prior year quarter.
Prologis held&nbsp;$671 million&nbsp;in cash and equivalents as of March 31, 2025.
Prologis president Dan Letter said, &#8220;We delivered exceptional results this quarter—signing leases totaling 58 million square feet, breaking ground on new build-to-suits with strategic customers and expanding our power capacity to support the growing demand for data centers.&#8221;
Hamid R. Moghadam, co-founder and CEO of Prologis, added, &#8220;In the near term, policy uncertainty is making customers more cautious. But over the long term, limited new supply and high construction costs support continued rent growth.&#8221;
Guidance: Prologis reiterated FY25 core FFO outlook at $5.65&nbsp;–&nbsp;$5.81&nbsp;with an estimate of&nbsp;$5.73 and Prologis Share Average Occupancy of&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">94.50%&nbsp;–&nbsp;95.50%.</a>
Investors can gain exposure to the stock via&nbsp;Pacer Industrial Real Estate ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INDS#NYSE">INDS</a>) and SP Funds S&amp;P Global REIT Sharia ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPRE#NYSE">SPRE</a>)
Price Action: PLD shares are up 1.01% at $99.47 premarket at the last check on Wednesday.
Read Next:
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</ul>
Photo: Shutterstock

Large Cap

Pacer Benchmark Industrial Real Estate SCTR ETF

INDS

SPRE

Prologis Beats Q1 FFO Estimate, Same-Store NOI Up 6.2% Y/Y & More

Treasure Global Inc. (NASDAQ:<a href="https://www.benzinga.com/stock/TGL#NASDAQ">TGL</a>) ("Treasure Global" or the "Company"), is pleased to announce an exclusive strategic partnership with Mezzofy (Hong Kong) Limited ("Mezzofy"), a market leader in digital coupon management solutions. Under this agreement, Treasure Global becomes the sole distributor of Mezzofy's platform in Malaysia, positioning the Company to capture approximately USD2 to 4 million in recurring annual revenue within the first 12 months of rollout.
Since its inception, Mezzofy's cloud-based "Coupon-as-a-Service" (CaaS) platform has facilitated over USD40 billion in digital coupon transactions across 15 markets (as of 2024), serving high-profile merchants including Coffee Concepts (Hong Kong) Limited ("Starbucks (Hong Kong)"), Sa Sa International Holding Limited, and others. The platform enables businesses to create, distribute, and manage digital coupons instantly – without infrastructure investment – unlocking fast, scalable, and cost-effective customer engagement.
Through this exclusive partnership, Treasure Global will serve as Mezzofy's sole distributor in Malaysia. Leveraging its deep expertise in digital innovation and a strong local presence, Treasure Global will focus on merchant onboarding at scale. The partnership is expected to generate significant synergies between both companies while tapping into Malaysia's fast-growing demand for digital loyalty and coupon solutions. Treasure Global anticipates this rollout will contribute USD2 to 4 million in recurring annual revenue, driven by a high-margin platform model and long-term enterprise adoption.
As Malaysia continues to embrace digital transformation – supported by high smartphone penetration and government initiatives to accelerate digital economy growth – this partnership is well-positioned to meet the market's evolving needs. Treasure Global aims to take a leading role in shaping the country's next-generation digital rewards ecosystem.

Treasure Global Forms Exclusive Strategic Partnership With Mezzofy To Become Sole Distributor Of Its Digital Coupon Platform In Malaysia, Targeting $2M–$4M In Recurring Annual Revenue Within 12 Months

Transaction will augment Cadence's expanding design IP portfolio and accelerate growth opportunities
Cadence (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNS#NASDAQ">CDNS</a>) today announced that it has entered into a definitive agreement with Arm (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) to acquire Arm's Artisan foundation IP business, consisting of standard cell libraries, memory compilers, and general-purpose I/Os (GPIOs) optimized for advanced process nodes at the leading foundries. The transaction will augment Cadence's expanding design IP offerings, anchored by a leading portfolio of protocol and interface IP, memory interface IP, SerDes IP at the most advanced nodes, and embedded security IP from the pending Secure-IC acquisition.
By increasing its footprint in SoC designs, Cadence is reinforcing its commitment to continuously accelerate customers' time to market and to optimize their cost, power and performance on the world's leading foundry processes. Cadence will acquire the Arm Artisan foundation IP business through an asset purchase agreement with a concurrent technology license agreement, to be signed at closing and subject to any existing rights. As part of the transaction, Cadence will acquire a highly talented and experienced engineering team that is well respected in the industry and can help accelerate development of both related and new IP products.
The transaction is anticipated to close in the third quarter of 2025, subject to receipt of regulatory approvals and other customary closing conditions. The acquisition is expected to be immaterial to revenue and earnings this year.

CDNS

Cadence Announces Definitive Agreement To Acquire Arm's Artisan Foundation IP Business; Terms Not Disclosed

Elon Musk&#8217;s younger brother, Kimbal Musk, took to X to criticize Republicans and Vice President JD Vance over rising prices tied to President Donald Trump&#8217;s trade policy.
&#8220;Republicans for higher prices. How about that,&#8221; Musk <a href="https://x.com/kimbal/status/1909966359565345007">wrote</a> on his brother&#8217;s social media platform. &#8220;This Trump tariff-tax has driven prices for everyday goods through the roof.&#8221;
<h2 class="wp-block-heading">A Personal Swipe</h2>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Republicans for higher prices. How about that. This Trump tariff-tax has driven prices for every day goods through the roof.<a href="https://twitter.com/JDVance?ref_src=twsrc%5Etfw">@JDVance</a> I read your book. It's good. I'd think you'd have more sympathy for your community's cost of living. Inflation sucks for everyone, but it… <a href="https://t.co/WNtLFqz67k">https://t.co/WNtLFqz67k</a>
&mdash; 
</blockquote></div></figure>

'Republicans For Higher Prices. How About That,' Says Elon Musk's Brother, Taking Aim At JD Vance's Stance On Cost Of Living

Offerings

Kingsoft Cloud Announces Pricing Of 18.5M ADS Public Offering At $11.27 Per ADS

WIIM

LNZA

LanzaTech Global shares are trading lower after the company reported a Q4 EPS and sales miss.

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Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
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NVDA

Top 10 Trending Stocks On WallStreetBets As Of April 16, 2025 (Via Swaggy Stocks)

SUNation Energy, Inc. (NASDAQ:<a href="https://www.benzinga.com/stock/SUNE#NASDAQ">SUNE</a>) ("SUNation" or "the Company"), a leading provider of sustainable solar energy and backup power solutions for households, businesses, and municipalities, today announced that its Board of Directors approved a 200 - for 1 reverse stock split of the Company's outstanding common stock effective 12:01 a.m. Eastern Time on April 21, 2025.
The Company's common stock will continue to trade under the symbol "SUNE" and it is expected to open for trading on Nasdaq on April 21, 2025 on a post-split basis. The new CUSIP number for the common stock following the reverse stock split will be 72303P503.
The ratio of the reverse stock split is within the range approved by shareholders at a Special Meeting of Shareholders&nbsp;held on April 3, 2025. The reverse stock split is primarily intended to increase the market price per share of the Company's common stock to regain compliance with the minimum bid price required for continued listing on The Nasdaq Capital Market.

Stock Split

SUNE

SUNation Energy Announces 1-For-200 Reverse Stock Split, Effective April 21, 2025

Macro Economic Events

Econ #s

Economics

US Industrial Production (MoM) (Mar) -0.3% vs -0.2% Est.; Prior +0.8%

US Capacity Utilization Rate (Mar) 77.8% vs 78% Est.; Prior 78.2%

EPIX

ESSA Pharma shares are trading higher after disclosing that Soleus Capital Management has a 5.1% stake in the company. Soleus Capital has issued a letter to shareholders urging the winding down of operations and returning cash to shareholders.

U.S.-listed Chinese companies Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), PDD Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), Baidu, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), NIO Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), Li Auto Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>), and XPeng Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) are trading lower Wednesday.
President&nbsp;Donald Trump&#8217;s administration <a target="_blank" href="https://www.benzinga.com/markets/25/04/44831287/trump-administration-imposes-up-to-245-tariff-on-chinese-imports-amid-intensifying-trade-battle" rel="noreferrer noopener">revealed on Tuesday</a> a fact sheet citing tariffs on certain Chinese imports as high as 245%, citing its <a target="_blank" href="https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-ensures-national-security-and-economic-resilience-through-section-232-actions-on-processed-critical-minerals-and-derivative-products/" rel="noreferrer noopener">retaliatory actions</a>.
China&#8217;s&nbsp;gross domestic product&nbsp;grew 5.4% in the first quarter, topping the analyst estimate of 5.2% backed by consumer subsidies and aggressive export shipments to beat tariffs, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2025-04-16/china-s-economic-growth-beats-forecasts-ahead-of-tariff-impact?sref=TBDibEcD" rel="noreferrer noopener">reports</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/emerging-markets/25/04/44796128/alibabas-quark-ai-surpasses-bytedances-doubao-with-150-million-monthly-users" rel="noreferrer noopener">Alibaba&#8217;s Quark AI Surpasses ByteDance&#8217;s Doubao With 150 Million Monthly Users</a>
Both production and consumption indicated unexpected momentum in March before the tariffs kicked in. However, an intensifying trade war dims its outlook and fuels calls for stimulus.
Michelle Lam of Societe Generale SA highlighted the urgency of stimulus to Bloomberg, citing high-frequency data showing tariff impact on U.S.-bound shipments. National Bureau of Statistics data indicated front-loaded shipments partly supported the economy before tariffs surged in April.
Without more stimulus, China could struggle to meet its growth target of ~5% in 2025. Exports will likely contract after contributing to a third of growth in 2024, while business and consumer sentiment will likely suffer the trade war consequences.
Economists at international banks, including UBS Group and Goldman Sachs, slashed their forecasts for China&#8217;s 2025 growth to ~4% or lower. The tariffs will prompt companies to raise the prices of their products to maintain their margins.
However, Chinese companies bank on their lower-priced offerings, and therefore, raising the prices could affect their demand.
The tariff war began with Trump imposing a 20% tariff on China after he took office, a 34% levy on April 2, and an additional 50% duty in response to China&#8217;s retaliatory threats, heightening the initial tariffs to 104%.
China retaliated by increasing its tariffs by 84%. Trump later hiked the 104% to 125%. Last Friday, China, too, raised its levies on U.S. imports to 125%, while U.S. tariffs on China stood at 145%.
Bush Chu of&nbsp;Aberdeen Investments and TD Cowen&nbsp;of&nbsp;Jaret Seiberg <a target="_blank" href="https://www.benzinga.com/markets/25/04/44761071/are-chinese-tech-stocks-at-a-serious-risk-amid-escalating-trade-war-delisting-is-moving-up-in-the-list-of-retaliatory-options-says-analyst" rel="noreferrer noopener">highlighted concerns about</a> potential delisting as retaliatory actions from the U.S. led to a selloff&nbsp;of heavily foreign-owned Chinese tech&nbsp;stocks.
Chinese e-commerce firms have been the worst impacted by the U.S. raising tariffs on small parcels.
China ETFs traded in the&nbsp;U.S. iShares China Large-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXI#NYSE">FXI</a>) and KraneShares Trust KraneShares CSI China Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KWEB#NYSE">KWEB</a>) are trading lower on Wednesday.
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</ul>
Photo Courtesy: Tomas Ragina via Shutterstock

Asia

Government

Regulations

Media

BABA

BIDU

KWEB

Citigourp Global Markets 2% Protected Notes Linked To The Djia

XPEV

Why Are US-Listed Chinese Stocks Falling On Wednesday?

Stifel analyst Steven Wieczynski maintains Norwegian Cruise Line (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>) with a Buy and lowers the price target from $36 to $30.

NCLH

Stifel Maintains Buy on Norwegian Cruise Line, Lowers Price Target to $30

Travelers Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) shares were trading higher in <a href="https://www.benzinga.com/pressreleases/25/04/b44834069/travelers-reports-first-quarter-net-income-of-395-million-and-core-income-of-443-million" target="_blank" rel="noreferrer noopener">the premarket session on Wednesday</a> as sales of $11.81 billion (+5% year over year) outpaced the analyst consensus estimate of $10.81 billion.
The company reported&nbsp;first-quarter&nbsp;adjusted EPS of&nbsp;$1.91, <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">beating the street view of&nbsp;$0.80</a>.
Due to higher catastrophe losses, core income decreased 60% Y/Y to $443 million.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/02/43828736/travelers-companies-scale-and-analytical-advantages-make-it-attractive-says-analyst" rel="noreferrer noopener">Travelers Companies&#8217; Scale And Analytical Advantages Make It Attractive, Analyst Says</a>
In particular, the company witnessed catastrophe losses of $2.266 billion pre-tax, owing to the California wildfires in January 2025.
Net realized investment losses stood at $61 million pre-tax ($48 million after-tax), compared to gains of $35 million pre-tax ($27 million after-tax) in the prior year quarter.
Net written premiums rose 3% Y/Y&nbsp;to&nbsp;$10.515 billion&nbsp;in the quarter under review.
In particular, Business Insurance net written premiums rose 2% Y/Y to a record $5.7 billion, despite a 4-point drag from the enhanced casualty reinsurance program booked upfront.
Bond &amp; Specialty Insurance segment net premiums growth of 6% Y/Y to $1.0 billion, driven by 89% retention in management liability and 13% growth in the surety segment.
Personal Insurance segment net premiums grew 5% Y/Y to $3.8 billion, supported by solid renewal premium growth, especially in Homeowners.
Net investment income increased 10% Y/Y pre-tax in the quarter. Adjusted book value per share by 11% Y/Y to $138.99 in the quarter.
Buyback: The company repurchased 1.4&nbsp;million shares during the&nbsp;quarter&nbsp;at an average price of&nbsp;$252.68&nbsp;per share for a total cost of&nbsp;$358&nbsp;million.&nbsp;
As of March 31, 2025, the company had $4.790 billion of capacity under its share repurchase authorizations.
Dividend: The company declared a regular quarterly dividend increase of 5% to&nbsp;$1.10 per share.
The dividend is payable on June 30, 2025, to shareholders of record at the close of business on June 10, 2025.
Alan Schnitzer, chairman and CEO said, &#8220;Our trailing twelve-month core return on equity of 14.5% reflects the strong momentum we have at our backs as we benefit from investments we have made over a number of years.&#8221;
Investors can gain exposure to the stock via Invesco KBW Property &amp; Casualty Insurance ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KBWP#NASDAQ">KBWP</a>) and iShares U.S. Insurance ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAK#NYSE">IAK</a>).
Price Action: TRV shares are trading higher by 2.14% to $255.00 premarket at the last check on Wednesday.
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