Ferrari Luce Debut, RACE Slides 6%: Luxury Valuation Lesson
When Ferrari unveiled its first electric car in 90 years, RACE shares slid 6% in Milan. The reaction reveals what investors actually own when they hold this stock.
Thach Khe: 544 Million Tons of Iron Ore at a Policy Crossroads
Southeast Asia's largest iron mine has sat idle for 15 years. With a government deadline set for May 2026, Hoa Phat, Vingroup, Vinacomin, and THACO are now proposing to develop it together.
Google Dismantles Its USD 198B Machine: A Forced Move
In 2024, over 56% of Alphabet's revenue came from search advertising. At Google I/O 2026, Google announced it would replace the mechanism behind that engine with AI Search, and no one yet knows how much the new model will earn.
Vuong's VinEnergo Holding: $3B Energy Ambition Outside VIC
Pham Nhat Vuong has registered VinEnergo Holding with VND 79,763 billion in capital, surpassing Vingroup and built entirely outside the listed entity. Here is what VIC and VHM shareholders need to understand.
Urea Down 27% With Supply Still Stuck: DPM and DCM
90 days from Hormuz to the reversal: urea surged 55% then fell 27% while supply remained locked in. DPM and DCM delivered a standout Q1, but the second half hinges on two unresolved variables.
Samsung Thai Nguyen: The Top-Earning Samsung Electronics Subsidiary
A single factory in Thai Nguyen province posted VND 18,520 billion in net profit for Q1/2026, outperforming every Samsung Electronics subsidiary worldwide. Here is the three-layer mechanism behind the number and what it means for Vietnam's export story.
Dien May Xanh IPO Raises VND 14,360B: All Proceeds Go to Debt
Dien May Xanh received IPO approval for 179.5 million shares, targeting VND 14,360 billion in proceeds. Every dong goes toward repaying MWG's short-term debt, not store expansion. Here is what investors need to understand before they act.
SpaceX IPO: Starlink Funds the AI Machine, P/S at 94x
SpaceX's S-1 filing makes the company's financials public for the first time: Starlink earned over $1.2 billion in profit last quarter, yet SpaceX lost $4.94 billion for the full year 2025. Where did the money go, and what are SPCX buyers actually betting on?
PC1 Q1 Profit Up 86%, Core Business Still in the Red
PC1 reported an 86% profit surge in Q1/2026 amid a governance crisis. Most of the gain came from two one-off items; the core business posted a loss and operating cash flow fell to negative VND 528 billion.
Nvidia $81.6B: AI Profits Concentrate at the Chip Layer
On the same evening of May 20, Nvidia reported record revenue of $81.6 billion while Meta announced 8,000 layoffs. Two stories, one mechanism: AI profits are pooling at the chip infrastructure layer.
Q1 Profit Up 38.4%: Four Names Carry Half the Growth
Four companies contributed nearly half of the absolute profit increase across Vietnam's listed market in Q1/2026. Strip them out and the rest of the market grew just 15.4%. Both numbers are correct, but they tell entirely different stories.
DXG -6.88% on Bluemarq Launch Day: When Good News Is Already in the Price
Bluemarq Group officially launches, Q1 net profit surges 173%. So why did DXG fall sharply on the same day? Three mechanisms explain the paradox and what investors should watch next.
Life Insurance: Third Consecutive Decline, BVH Profit Powered by Interest, Not Insurance
New life insurance policies fell 22.2% and claims surged 20.3% in the first four months of 2026. This marks the third straight year of decline since the bancassurance scandal, and BVH's Q1 profit came entirely from its investment portfolio, not from underwriting.
FPT at a 2-Year Low, Yet Profit Still Up 16%
FPT shares have fallen to their lowest level in more than two years, losing roughly 25% year-to-date, while Q1 profit rose 16.3% and April's new contract bookings hit a record VND 6,143 billion. What is actually driving the near-term price?
ACB: Three Foreign Funds Sell, Au Lac Group Lifts Stake to 6%
Three foreign funds have reduced their ACB holdings for three different reasons, while the domestic Au Lac group accumulated a 6% stake. Four decisions, four separate theses: not a single signal to copy.