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'Short-Term' Tariff Pain Worth It for Auto Industry, Ohio Senator Says
U.S. stocks closed strongly | The three major Indexes all rose by over 1%, with Tesla and NVIDIA rebounding nearly 4%; the Cryptos Concept regained upward momentum, with Strategy rising over 6%.
Traders expect that the Federal Reserve will cut interest rates twice by December, with the expectation for a rate cut of at least 25 basis points at the Fed's June meeting rising, and the probability has increased from about 70% the previous trading day to 79.1%.
China Yuchai International Full Year 2024 Earnings: Misses Expectations
China Yuchai International Limited (NYSE:CYD) Looks Just Right With A 103% Price Jump
Being "fed" by the high prosperity of AIDC, China Yuchai International (CYD.US) has seen a decline in both revenue and profits, but there is still a bright future ahead.
Since the beginning of this year, domestic Datacenter usage of large-bore engines has initiated a new round of price increases, and this trend is expected to continue or even accelerate. Under the logic of domestic substitution, leading companies that are likely to benefit from this round of market conditions include Weichai Heavy Machinery listed on the A-share market and China Yuchai International (CYD.US) listed in the U.S. stock market.
Earnings Call Summary | China Yuchai International(CYD.US) Q4 2024 Earnings Conference