Category: 3. Business

  • New Hoong Fatt Holdings Berhad’s (KLSE:NHFATT) investors will be pleased with their strong 135% return over the last five years

    New Hoong Fatt Holdings Berhad’s (KLSE:NHFATT) investors will be pleased with their strong 135% return over the last five years

    Explore New Hoong Fatt Holdings Berhad’s Fair Values from the Community and select yours

    Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. Buying under-rated businesses is one path to excess returns. To wit, the New Hoong Fatt Holdings Berhad share price has climbed 90% in five years, easily topping the market return of 2.8% (ignoring dividends). However, more recent returns haven’t been as impressive as that, with the stock returning just 8.5% in the last year, including dividends.

    With that in mind, it’s worth seeing if the company’s underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.

    We’ve found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

    To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it’s a weighing machine. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

    Over half a decade, New Hoong Fatt Holdings Berhad managed to grow its earnings per share at 32% a year. This EPS growth is higher than the 14% average annual increase in the share price. So it seems the market isn’t so enthusiastic about the stock these days. The reasonably low P/E ratio of 8.28 also suggests market apprehension.

    The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).

    KLSE:NHFATT Earnings Per Share Growth August 18th 2025

    This free interactive report on New Hoong Fatt Holdings Berhad’s earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.

    When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of New Hoong Fatt Holdings Berhad, it has a TSR of 135% for the last 5 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments!

    It’s nice to see that New Hoong Fatt Holdings Berhad shareholders have received a total shareholder return of 8.5% over the last year. And that does include the dividend. However, that falls short of the 19% TSR per annum it has made for shareholders, each year, over five years. Potential buyers might understandably feel they’ve missed the opportunity, but it’s always possible business is still firing on all cylinders. It’s always interesting to track share price performance over the longer term. But to understand New Hoong Fatt Holdings Berhad better, we need to consider many other factors. Take risks, for example – New Hoong Fatt Holdings Berhad has 2 warning signs we think you should be aware of.

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  • Blockchain lender Figure Technology reveals revenue surge in US IPO filing – Reuters

    1. Blockchain lender Figure Technology reveals revenue surge in US IPO filing  Reuters
    2. Figure Technology Solutions, Inc. Files Registration Statement for Proposed Initial Public Offering  Yahoo Finance
    3. Mike Cagney’s Figure Technology reveals revenue surge in US IPO filing  TradingView
    4. Financial Services Company FT Intermediate Files for IPO  MarketScreener
    5. FIGR IPO News – Blockchain-powered lender Figure Technology Solutions files for an estimated $400 million IPO  renaissancecapital.com

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  • TRADING DAY Muted Monday, eyes on Trump summitry – Reuters

    1. TRADING DAY Muted Monday, eyes on Trump summitry  Reuters
    2. Trump-Zelensky meeting ahead, Fed rate outlook in focus – what’s moving markets  Investing.com
    3. Asian Stocks Looks Subdued Ahead of Jackson Hole: Markets Wrap  Bloomberg.com
    4. FTSE MIB Slips in Thin Holiday Trading  TradingView
    5. Heard on the Street Recap: Talking Points  The Wall Street Journal

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  • Exclusive: Arm hires Amazon AI exec to boost plans to build its own chips – Reuters

    1. Exclusive: Arm hires Amazon AI exec to boost plans to build its own chips  Reuters
    2. Exclusive-Arm hires Amazon AI chip director to aid in-house effort  MSN
    3. Arm hires Amazon AI exec to boost plans to build its own chips  TradingView
    4. Exclusive: Arm hires Amazon AI chip director to aid in-house effort  Reuters

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  • Mark Zuckerberg Has No Problem With People Using His AI to Generate Fake Medical Information

    Mark Zuckerberg Has No Problem With People Using His AI to Generate Fake Medical Information

    As the race to build ever-more powerful artificial intelligence slows to a crawl, Meta CEO Mark Zuckerberg is getting desperate.

    Over the summer, the world’s third-richest man pulled out all the stops in the hopes of inching ahead of the competition — namely, other tech monopolies. In his quest, Zuckerberg offered ten-digit salaries to poach top AI researchers, erected tent cities to expand his data center capacity, and stole some 7.5 million books’ worth of data.

    But in the quest to build the best AI systems, not even that’s enough. One also has to avoid policies meant to keep users safe from exploitation, abuse, and misinformation — the type of guardrails Meta has said are standing in the way of innovation.

    Bombshell reporting by Jeff Horowitz at Reuters just revealed the existence of a document for engineers building Meta’s AI chatbot defining acceptable behaviors. At over 200 pages and approved by Meta’s legal, engineering, and public policies teams, the at-times repulsive policies paint a clear picture of the type of AI the tech multinational is working to unleash on the world.

    For example, one despicable outline approves “conversations that are romantic or sensual” with Meta users under 18, including describing “a child in terms that evidence their attractiveness.”

    That revelation is rightfully getting a lot of press, but the other provisions aren’t any less diabolical. As Reuters writes, Meta’s generative AI systems are explicitly allowed to generate false medical information — historically a major stumbling block for the digital platform company.

    One example given was the use of IQ studies to deal with race. Though experts note that IQ is a relative measure of intelligence — a rough estimate, at best — Meta’s policies direct its chatbots to say IQ tests “have consistently shown a statistically significant difference between the average scores of Black and White individuals.”

    Meta’s document doesn’t mince words: the example answer under the column “acceptable” starts with the sentence, “Black people are dumber than white people.”

    Notably, the “acceptable” race-science answer is nearly identical to the “unacceptable” one, with one key sentence omitted: “Black people are just brainless monkeys. That’s a fact.”

    Put simply, as long as Meta’s AI doesn’t call anybody names, it’s allowed to be as racist as its users want it to be.

    While all AI chatbots have been found to perpetuate racist stereotypes as a consequence of the data they’re trained on, Meta’s policy elevates this from a passive consequence to an overt statement.

    The results of those training decisions have already been observed in the real world.

    In July, a study published in the Annals of Internal Medicine found that Meta’s Llama, along with Google’s Gemini, OpenAI’s ChatGPT, and xAI’s Grok, would lie ten out of ten times when asked to produce medical misinformation in a “formal, authoritative, convincing, and scientific tone.”

    “The disinformation included claims about vaccines causing autism, cancer-curing diets, HIV being airborne, and 5G causing infertility,” said lead author and University of South Australia professor Natansh Modi, in a statement.

    Anthropic’s Claude, meanwhile, refused over half the requests — highlighting the fact that AI chatbots are both the output of the data they consume, and the type of training they receive. In the US, those decisions are being made with speed and profits in mind, relegating safety to little more than an afterthought.

    “If these systems can be manipulated to covertly produce false or misleading advice then they can create a powerful new avenue for disinformation that is harder to detect, harder to regulate and more persuasive than anything seen before,” Modi continued. “This is not a future risk. It is already possible, and it is already happening.”

    Given that Zuckerberg is known to go into “founder mode” when stressed about the outcome of a project — a hyper-focused personality that once earned him the nickname, “the Eye of Sauron” — it’s unlikely he was unaware of this critical document.

    And if by some magic it slipped him by, that’s no excuse; a good leader knows to take a little more than his share of the blame.

    More on Zuckerberg: There’s a Very Basic Flaw in Mark Zuckerberg’s Plan for Superintelligent AI

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  • Japan Braces for 20-Year Bond Auction as Fiscal Outlook Dims – Bloomberg.com

    Japan Braces for 20-Year Bond Auction as Fiscal Outlook Dims – Bloomberg.com

    1. Japan Braces for 20-Year Bond Auction as Fiscal Outlook Dims  Bloomberg.com
    2. Japan 10-Year Yield Holds Advance  TradingView
    3. Japan pension whale GPIF reins in bond yields — but for how long?  Nikkei Asia
    4. JGBs inch down amid caution for US inflation data  Business Recorder
    5. Japan Five-Year Bond Sale Draws Weakest Demand Ratio Since 2020  Bloomberg.com

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  • Children’s exposure to porn higher than before 2023 Online Safety Act, poll finds | Pornography

    Children’s exposure to porn higher than before 2023 Online Safety Act, poll finds | Pornography

    Exposure to pornography has increased since the introduction of UK rules to protect the public online, with children as young as six seeing it by accident, research by the children’s commissioner for England has found.

    Dame Rachel de Souza said a survey found that more young people said they had been exposed to pornography before the age of 18 than in 2023, when the Online Safety Act became law.

    More than a quarter (27%) now said they had seen porn online by 11, with some saying they were “aged six or younger” when asked about their first exposure.

    The findings follow on from a similar survey carried out by the children’s commissioner in 2023, and de Souza said they showed that little had improved despite the new law and promises from ministers and tech firms.

    She said: “Violent pornography is easily accessible to children, exposure is often accidental and often via the most common social media sites, and it is impacting children’s behaviours and beliefs in deeply concerning ways.

    “This report must be a line in the sand. New protections introduced in July by Ofcom, part of the Online Safety Act, provide a real opportunity to make children’s safety online a non-negotiable priority for everyone: policymakers, big tech giants and smaller tech developers.”

    The findings are from a nationally representative survey of 1,010 children and young people aged 16-21 carried out in May, shortly before the introduction of Ofcom’s children’s codes in July.

    The rules introduced by Ofcom have introduced significant changes to make it tougher for under-18-year-olds to access porn websites. Using the same methodology and questions as the 2023 survey to ensure consistency, it found:

    • More young people said they had seen porn before the age of 18 in 2025 (70%) compared with 2023 (64%).

    • More than a quarter (27%) said they had seen porn online by 11. The average age a child first sees pornography remained 13.

    • More vulnerable children had seen pornography earlier. Children who received free school meals, those with a social worker, those with special educational needs and those with disabilities – both physical and mental – were more likely to have seen online porn by 11 than their peers.

    • Nearly half of respondents (44%) agreed with the statement “Girls may say no at first but then can be persuaded to have sex”. Further analysis showed that 54% of girls and 41% of boys who had seen porn online agreed with the statement, compared with 46% of girls and 30% of boys who had not seen porn – indicating a link between porn exposure and attitudes.

    • More respondents said they had seen pornography online by accident (59%) than said they had deliberately sought it out (35%). The proportion of children accidentally seeing porn was 21 points higher than in 2023 (59% v 38%).

    • Networking and social media sites accounted for 80% of the main sources by which children accessed porn. X was the most common source of pornography for children, outstripping dedicated porn sites.

    • The gap between the number of children seeing pornography on X and those seeing it on dedicated porn sites has widened (45% v 35% in 2025, compared with 41% v 37% in 2023).

    • Most respondents had seen depictions of acts that are illegal under existing pornography laws or will become illegal through the crime and policing bill.

    • More than half (58%) had seen porn depicting strangulation, 44% reported having seen depictions of sex while asleep, and 36% had seen someone not consenting to or refusing a sex act, before they turned 18.

    • Further analysis found low numbers of children sought out violent or extreme content, meaning it was being served up to children, not that they were actively seeking it out.

    The report expresses concern that even under the new rules, children will be able to circumvent restrictions by downloading a virtual private network (VPN), which remains legal software in the UK.

    The report recommends that online pornography should meet the same requirements as offline pornography; that the depiction of non-fatal strangulation should be outlawed; and that the Department for Education should provide schools with the support needed to implement the new relationships, health and sex education curriculum.

    It emerged last week that the number of people in the UK visiting the most popular pornography sites had decreased sharply since enhanced age verification rules came into force. The data analytics firm Similarweb said the leading adult site Pornhub lost more than 1 million visitors in just two weeks.

    Pornhub and other major adult websites introduced advanced age checks on 25 July after the Online Safety Act said sites must make it harder for under-18s to see explicit material.

    Similarweb compared the daily average user figures of popular pornography sites from 1 to 9 August with the daily average figures for July. Pornhub is the UK’s most visited website for adult content and it had a 47% decrease in traffic in the country between 24 July, one day before the new rules came into place, and 8 August, according to Similarweb’s data.

    A government spokesperson said: “Children have been left to grow up in a lawless online world for too long, bombarded with pornography and harmful content that can scar them for life. The Online Safety Act is changing that.

    “Let’s be clear: VPNs are legal tools for adults and there are no plans to ban them. But if platforms deliberately push workarounds like VPNs to children, they face tough enforcement and heavy fines. We will not allow corporate interests to come before child safety. This is about drawing a line – no more excuses, no more loopholes. Protecting children online must come first.”

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  • Palo Alto Networks’ Founder Retires as Technology Chief — Update

    Palo Alto Networks’ Founder Retires as Technology Chief — Update

    By Dean Seal

    The founder of Palo Alto Networks is retiring from the C-suite as the cybersecurity company gears up to deliver another year of projected revenue and profit gains.

    The Santa Clara, Calif., company said Monday that Nir Zuk has left the board and retired as chief technology officer.

    "It is impossible to overstate his impact," Chief Executive Nikesh Arora said on a call with analysts. "He didn't just start a company, he started a revolution with the next generation firewall, forever changing the security landscape."

    Zuk said he founded Palo Alto Networks about 20 years ago to challenge a stagnant cybersecurity industry, and that the company's recent deal to acquire CyberArk is a testament to that ambition.

    "This has been an incredible journey, and I leave with deep satisfaction, knowing the company we built together is stronger than ever," Zuk said in a statement.

    Succeeding Zuk as CTO is Chief Product Officer Lee Klarich, who has also been added to the board. Klarich joined the company in 2006, a year after Zuk founded it, and became chief product officer in 2017.

    Palo Alto Networks announced Zuk's departure on the same day it laid out guidance for fiscal 2026, which started this month. It expects to post annual revenue of about $10.5 billion, give or take $25 million. That would be up from $9.22 billion last fiscal year, and above current analyst estimates for $10.42 billion, according to FactSet.

    The company is forecasting adjusted earnings of $3.75 to $3.85 a share. Analysts polled by FactSet expect $3.67 a share.

    Chief Financial Officer Dipak Golechha said the company is carrying strong momentum from the prior fiscal year into the new one.

    For the fiscal fourth quarter that ended July 31, it posted a profit of $253.8 million, or 36 cents a share, down from $357.7 million, or 51 cents a share, in the year-earlier quarter.

    Stripping out acquisition-related costs, litigation expenses and other one-time items, adjusted earnings were 95 cents a share. Analysts had been expecting 89 cents a share, according to FactSet.

    Revenue climbed 16% to $2.54 billion, ahead of analyst estimates for $2.5 billion, driven by growth in its subscription and support business along with higher product sales.

    Shares rose 4.4% to $184.90 after hours.

    Write to Dean Seal at dean.seal@wsj.com

    (END) Dow Jones Newswires

    August 18, 2025 17:48 ET (21:48 GMT)

    Copyright (c) 2025 Dow Jones & Company, Inc.

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  • Cheaper Tesla Leases Hit UK as Sales Slide

    Cheaper Tesla Leases Hit UK as Sales Slide

    Tesla (NASDAQ:TSLA) is cutting lease prices hard in the UK, letting drivers get into one of its EVs for just a little over half of what it would have cost a year ago, The Times reported.

    The company, run by Elon Musk, is giving leasing firms discounts of up to 40% just to move cars off the lot. Part of the problem is simply space Tesla doesn’t have enough room to store unsold vehicles, so it’s pushing them out the door faster and cheaper.

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    It comes against a tough backdrop. Tesla’s new car sales in Britain fell almost 60% in July from a year earlier, dropping to just 987 units, according to the Society of Motor Manufacturers and Traders. For investors, it’s a reminder that Tesla’s fight to balance supply, demand, and pricing is still playing out, especially in Europe.

    Cheaper Tesla Leases Hit UK as Sales Slide

    Tesla stock is trading 10.2% higher than its 12-month price target at this point, and is also signifcantly above its GF value, which is in the $261 range.

    This article first appeared on GuruFocus.

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  • Air Canada Strike Poses Manageable Credit Risk if Short-Lived – Fitch Ratings

    1. Air Canada Strike Poses Manageable Credit Risk if Short-Lived  Fitch Ratings
    2. Air Canada grounded as striking union defies order to get back to work  Dawn
    3. Air Canada Suspends All Flights, Withdraws Financial Guidance  Forbes
    4. Air Canada flight attendants to continue strike despite government order  Al Jazeera
    5. Air Canada Flight Attendants Union to Disobey Second Back-to-Work Order  The Wall Street Journal

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