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Commodities
Wison New Energies Unveils 16 MW Floating Wind Energy Platform Design
Wison New Energies has unveiled a new floating wind platform design aimed at supporting the industry's shift toward massive, next-generation turbines, the company said on Wednesday.The Chinese offshore engineering firm said its engineers had developed a four-column semi-submersible floating platform and compared it with a conventional three-column design under North Atlantic operating conditions.The research comes as floating offshore wind developers increasingly seek platform designs capable of supporting next-generation turbines exceeding 16 MW, which require greater stability and resilience in harsh offshore environments."As floating wind moves toward large-capacity turbine, platform optimization requires an integrated assessment of structural dynamics, hydrodynamics, and coupled responses," Weimin Chen, director of Offshore Wind at Wison Energies, said in a statement.Chen said the study reflects that systems-level approach and highlights the importance of comprehensive evaluation at the early design stage.Floating wind technology is viewed as critical for expanding offshore renewable energy generation into deeper waters where fixed-bottom turbines are not feasible.
Australia
Monster Beverage Posts 'Very Strong' Results, Morgan Stanley Says
Monster Beverage (MNST) offers "outsized" long-term growth potential after reporting "very strong" Q1 and April performance, Morgan Stanley said in a Friday note.The note pointed to organic sales growth of 22% in the last four months, reinforcing confidence in long-term growth prospects above market expectations.The report also said its gross margin performance/forward outlook was better than feared."MNST valuation has moved up after stock outperformance," the report said. "But we continue to believe that Monster's growth profile is unique in CPG and more durable in nature...which should drive a scarcity valuation premium."Morgan Stanley raised its price target to $100 from $96 while maintaining its overweight rating on the stock.Price: $85.89, Change: $+9.92, Percent Change: +13.06%
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Australia
Apple Likely to see Major Inflection Point in Growth, Wedbush Says
Apple (AAPL) is likely to see a major inflection point in growth as it prepares to unveil its artificial intelligence strategy at WWDC next month, Wedbush said in a Friday research report.The brokerage forecast that around 20% of the world's population will access AI through an Apple device over the coming years, Wedbush stated.Apple will be able to monetize AI and storage services over the coming years, expected to add $75 to $100 to the stock and generate an additional $15 billion of annual services revenue, while the company's collaboration with Alibaba (BABA) on AI will be key as it targets a growing installed base in China, analysts wrote.Monetization depends on Apple's installed base, but innovation in foldable phones, AI smartphone, and affordable Apple Glasses will be the hearts and lungs of the company's success, according to the note.The brokerage said it reiterated its outperform rating on the stock and boosted its price target to $400 per share from $350.Price: $292.90, Change: $+5.48, Percent Change: +1.91%
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