Asian equities were mixed with Japan lagging, though markets were lifted on reports that US stimulus talks might be back on track. The Hang Seng managed a gain of +0.11%, though volumes were light. The big news was the green light for Ant Group’s Hong Kong IPO from the local regulators as… /PRNewswire/ — Global Market Insights, Inc. has recently added a new report on the machine translation market which estimates the market valuation for machine… Two weeks from the NFL trade deadline, David Carr reveals nine offensive players who should be pursued via trade. Plus, a rookie enters his top-15 player rankings for the first time this season. Tuesday Morning Market Highlights, Stocks: PG,CMA,HAL,GM,FCX,GE,PM,EOG,COP,CXO, release date:Oct 20, 2020 The Dallas Cowboys lost, 38-10, to the third-place team in the NFC West but still lead the struggling NFC East.
NINGBO, CHINA – OCTOBER 2, 2020 – Drum Tower Bell Tower in the evening, Ningbo city, Zhejiang … [+] Province, China, Oct 2, 2020.- PHOTOGRAPH BY Costfoto / Barcroft Studios / Future Publishing (Photo credit should read Costfoto/Barcroft Media via Getty Images)
Asian equities were mixed with Japan lagging, though markets were lifted on reports that US stimulus talks might be back on track. The Hang Seng managed a gain of +0.11%, though volumes were light. The big news was the green light for Ant Group’s Hong Kong IPO from the local regulators as speculation on the listing date is either the first or second week of November. We still need the Mainland/STAR Board IPO to be approved, though the approval is expected this week. A Mainland media source is saying that the dual listing in Hong Kong and the Mainland’s STAR Board will be on November 6th, though in speaking with a Hong Kong trader last night, he felt the 2nd week of November was more likely.
Tax payments are due in China, leading to speculation that the PBOC will add liquidity to the banking system to offset the cash drain. Financials were weak in both markets, while growth stocks outperformed as Shanghai and Shenzhen gained +0.47% and +1.33% respectively. Mainland liquor stocks had a strong day, which lead staples higher. Volumes were light in both markets as investors sit on their hands and cash due to the US election and Ant IPO coming. We’ve noted that Shanghai and Shenzhen have been in a range since July. It will be interesting if the Five-Year Plan policy meetings provide the catalyst to punch through.
CNY has gained 6.76% since May 27th, a high of 7.16 closing today at 6.68. Remember that China hasn’t cut interest rates unlike many EM countries or like Japan and Europe’s negative interest rates. I suppose this is not that surprising. A few weeks back we noted HSBC’s target of 6.50 which is looking increasingly likely.
There was chatter that both New Orient Education (ticker EDU US) and GDS Holdings (GDS US) will be relisting in Hong Kong.
The Hang Seng managed a gain +0.11%/27 index points to close at 24,569 as volume dropped -19% to back below the 1-year average. Breadth was even with 23 advancers and 23 decliners, while the broader Hang Seng Composite rose +0.45% with 234 advancers and 214 decliners. The 204 Chinese companies listed in Hong Kong were up +0.46%, led by discretionary +2.13%, staples +1.73%, materials +.1.23%, tech +1.09%, and health care +0.84%, while energy was off -1.43%, real estate -0.64%, and financials -0..49%. Southbound Connect volumes were light as Mainland investors bought $147mm of Hong Kong stocks as Southbound trading accounted for 10.1% of Hong Kong turnover.
Krane Funds Advisors, LLC is the investment manager for KraneShares ETFs. Our suite of China focused ETFs provide investors with solutions to capture China’s importance as an essential element of a well-designed investment portfolio. We strive to provide innovative, first to market strategies that have been developed based on our strong partnerships and our deep knowledge of investing. We help investors stay up to date on global market trends and aim to provide meaningful diversification. Krane Funds Advisors, LLC is majority owned by China International Capital Corporation (CICC).
Author: Brendan Ahern
Machine Translation Market to Cross USD 1.5B by 2026; Global Market Insights, Inc.
SELBYVILLE, Del., Oct. 21, 2020 /PRNewswire/ — Global Market Insights, Inc. has recently added a new report on the machine translation market which estimates the market valuation for machine translation will cross US $1.5 billion by 2026. Demand for instantaneous, real-time data translation from corporate organizations, students and tourists will drive the industry’s growth.
Hybrid machine translation technology will witness growth during 2020 to 2026 with the demand for highly accurate, automated translation solutions. The technology is characterized by the use of several machine translation approaches within a single system. Hybrid machine translation systems aim to overcome the failures of other translation systems in achieving a satisfactory level of accuracy.
Request a sample of this research report at https://www.gminsights.com/request-sample/detail/159
One of the most widely used hybrid approaches, multi-engine translation technology, is associated with running multiple translation systems in parallel with each other. The output is generated by the combined output of all the sub-systems involved in the process. Demand for enhanced accuracy for error-free translation will drive the hybrid machine translation industry’s growth.
The modernizing military and defense sector, adopting technologically advanced solutions to enhance security, will offer market growth opportunities. Accurate translation and interpretation services form an extremely crucial factor for the defense sector as it enables them to take prompt actions accordingly. The ability to read emails and letters in a foreign language or to intercept foreign calls and translate them instantaneously is vital.
War fighters also use machine translation systems to convert captured documents or files. Players are introducing machine translation developed solutions specifically for the defense industry. For instance, Systran offers solutions that can be integrated into any Information Retrieval (IR) or communication systems to facilitate multilingual Information Retrieval and Document Exploitation (DOCEX).
The Middle East and Africa machine translation market is expected to see high growth through 2026, owing to the developing e-commerce industry in the region. The robust retail industry in countries such as Saudi Arabia and UAE, coupled with the advent of digitalization, has boosted online retailing. E-commerce players are focusing on incorporating machine translation systems in their operations to offer product information in the target language to expand their international customer base. Precise item description translated in the target language enables overseas customers to place orders online easily. With the e-commerce industry witnessing rapid growth in the Middle East and North African regions, machine translation systems will experience high demand.
Browse key industry insights spread across 250 pages with 233 market data tables and 27 figures & charts from the report, “Machine Translation Market Share & Forecast, 2020 – 2026” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/machine-translation-market-size
Some major findings of the machine translation market report are:
Browse the complete report’s table of contents at https://www.gminsights.com/toc/detail/machine-translation-market-size
Partial chapters of the report’s table of contents (TOC):
Chapter 3 Machine Translation Industry Insights
3.1 Industry segmentation
3.2 Impact of coronavirus (COVID-19) pandemic
3.2.1 Global outlook
3.2.2 Regional outlook
22.214.171.124 North America
126.96.36.199 Asia Pacific
188.8.131.52 Latin America
3.2.3 Industry value chain
184.108.40.206 Software developer
220.127.116.11 Cloud service providers
18.104.22.168 Marketing & distribution channel
3.2.4 Competitive landscape
22.214.171.124 Business growth
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Technology & innovation landscape
3.4.1 AI & machine learning
3.4.2 Cloud computing
3.5 Regulatory landscape
3.5.1 North America
3.5.3 Asia Pacific
3.5.4 Latin America
3.6 Industry impact forces
3.6.1 Growth drivers
126.96.36.199 Rapid demand for localization of marketing strategies & content among businesses
188.8.131.52 Growing need for machine translation services to facilitate communication between trading organizations
184.108.40.206 Increasing demand for cost-effective and high-speed translation
220.127.116.11 Investment in AI in North America and Europe
18.104.22.168 Rising demand to improve customer experience in Asia Pacific and Latin America
22.214.171.124 Rapid adoption of smart devices globally
126.96.36.199 Adoption of cloud-based services
3.6.2 Pitfalls and challenges
188.8.131.52 Lack of quality and accuracy
184.108.40.206 Accessibility of open source translation software
3.7 Growth potential analysis
3.8 Porter’s analysis
3.8.1 Threat of new entrants
3.8.2 Threat of substitutes
3.8.3 Bargaining power of buyers
3.8.4 Bargaining power of suppliers
3.8.5 Industry rivalry
3.9 PESTEL analysis
Browse related report:
Artificial Intelligence (AI) in Retail Market Size By Component (Solution [Chatbot, Customer Behavior Tracking, Customer Relationship Management (CRM), Inventory Management, Price Optimization, Recommendation Engine, Supply Chain Management, Visual Search], Service [Professional Service, Managed Service]), By Technology (Machine Learning, Natural Language Processing (NLP), Computer Vision), By Application (Automated Merchandising, Programmatic Advertising, Market Forecasting, In-Store AI & Location Optimization, Data Science), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2018 – 2024
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision-making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Machine Translation Market size worth over $1.5 Bn by 2026
Machine Translation Market size is set to be over USD 1.5 billion by 2026, according to a new research report by Global Market Insights, Inc.
Cloud Natural Language Processing (NLP) Market
Machine Learning as a Service (MLaaS) Market
SOURCE Global Market Insights, Inc.
Author: Global Market Insights, Inc.
Offensive Player Rankings, Week 7: Nine players who should be pursued via trade
We’re just two weeks away from this year’s NFL trade deadline, and I’m expecting to see some exciting moves. Trader Bill O’Brien is no longer calling the shots for the Houston Texans, but there are still decision-makers willing to make splash moves. Buyers and sellers just have to find each other.
Today, I’m looking at offensive players who should be pursued via trade before the Nov. 3 deadline, listing potential compensation and possible buyers with my analysis. Let’s get to it.
It seems there are no good answers for the 0-6 New York Jets right now, but all options should be on the table. This includes trading away Sam Darnold, the third overall pick in the 2018 NFL Draft. Darnold is just 11-19 in his career with the Jets, but he has proven he’s a talented passer who can elevate an NFL offense. I think the Jets could get a Day 2 pick (Rounds 2-3) for Darnold or possibly even a first-rounder. Who are the teams that should be considering such a move? Step right up, New England, Minnesota and San Francisco. In New England, Cam Newton is due to become a free agent after this season, and if the Patriots don’t re-sign him, it’d be worth trying Darnold out for the remainder of his rookie deal (runs through 2021 with a fifth-year option for 2022) to see if he can jumpstart his career.
The Vikings are in a world of hurt financially when it comes to their rapidly declining quarterback. Kirk Cousins signed a two-year, $66 million contract extension in March, but it seems highly unlikely that the team would part ways with him this offseason, given that doing so would result in $41 million in dead money counting against Minnesota’s salary cap in 2021, according to Over the Cap. Might the Vikings trade for a QB with a high ceiling who’s still playing on his rookie contract? They’re going to have to do something, because Cousins isn’t getting it done, and backup Sean Mannion hardly seems like the answer.
As for the 49ers, I can envision a scenario in which John Lynch and Kyle Shanahan move on from Jimmy Garoppolo this offseason. Garoppolo is under contract through 2022, but the 49ers would eat just $2.8 million in dead money in 2021 and $1.4 million in 2022 if they moved on without him next year, which is a lot more manageable than the figures the Vikings are facing with Cousins. To me, Darnold is a much better quarterback than Garoppolo and would make the 49ers’ offense even more difficult to defend. Lynch and Shanahan aren’t afraid to make bold moves, and I’d love to see Darnold get a fresh start on the West Coast in an offense that would get the best out of the young QB.
The decision to bench Dwayne Haskins for Kyle Allen after Week 4 was a clear indication of how Washington feels about its 2019 first-round draft pick. Given his struggles as a pro thus far (3-8 as a starter), he might draw just a fourth- or fifth-round pick in a trade. Ideally, Haskins would be dealt to a team that’s willing to take the time to groom him for a starting job. There’s potential for him to grow in the right system, with the right coach and quarterback to learn from. That’s why Seattle is the perfect landing spot for Haskins, whose playing style is comparable to Russell Wilson’s. It’d be great for Haskins to reset and learn a boatload from the MVP front-runner.
Todd Gurley is playing on a one-year deal with the Falcons, and after a 1-5 start to the season, trading him away for a draft pick shouldn’t be out of the question for Atlanta. Gurley has shown enough in Dirk Koetter’s pass-first offense to draw inquiries from other teams. With five rushing TDs this season, Gurley has a lot of value in the red zone and could provide a backfield with a major boost as the weather changes. The Colts and Bears — two teams that have lost one of their top backs to injury this season (Marlon Mack and Tarik Cohen) — should consider making an offer. He’d likely cost a middle-to-late-round pick.
Evan Engram is one of the more intriguing tight ends in the league. He’s not quite a Travis Kelce or Darren Waller, but he’s a capable blocker and exceptional route runner. If I’m the Giants, I’m not overly eager to trade my best healthy offensive player right now, but there’s always a price worth considering. There are several teams that should be in the market for a tight end, including the Chicago Bears, New England Patriots and Carolina Panthers. I could see any one of them offering up a second-round pick for the versatile tight end, who is signed through next season. I know rookie Cole Kmet is coming along, but I’m not convinced Jimmy Graham is the answer in Chicago. The Patriots are getting minimal production from the position. Teddy Bridgewater and the Panthers’ offense would continue to climb with another receiving threat and willing blocker for Christian McCaffrey (when he returns from injury) in tow.
The Atlanta Falcons have two No. 1 receivers in Julio Jones and Calvin Ridley. Jones, who’s missed two games with a hamstring injury, had his biggest game of the year in Week 6 (eight catches for 137 yards and two TDs), but I view Ridley as the team’s WR1 after watching the film. If the Falcons (1-5) feel like the best thing to do is to start to rebuild for the next regime, I’d put Jones on the block. He would be the ultimate gift for an offense that’s one player away, and there are a number of teams in that situation.
The Green Bay Packers and Chicago Bears, the NFC North’s top two teams, would be perfect landing spots for the veteran receiver. Perhaps these two division foes could get into a bidding war for him. The Falcons should get at least one first-round pick in return for Jones. Pairing Julio with Davante Adams would nearly sign, seal and deliver the Packers a playoff spot, maybe even a first-round bye. The Bears, led by their defense, need another reliable target for Nick Foles. Allen Robinson has been the guy in Chicago, but Julio would take the offense to the next level — exactly what the Bears need to capture the division crown.
Want one more option for Jones? How about New England? The passing game isn’t quite up to snuff, with Julian Edelman and N’Keal Harry off to quiet starts as the team’s top two receivers, but adding Julio to the mix would create nightmares for defenses. They would have to double-team Julio, putting Edelman and Harry in advantageous one-on-one situations. It would also keep defenses from putting an extra defender in the box to stop the Patriots’ top-five ground attack. Simply put: Julio Jones would make New England an instant Super Bowl contender.
A.J. Green’s comeback season hasn’t been quite what we thought (or hoped) it would be. The 32-year-old veteran has just 22 catches on 45 targets for 215 yards and zero TDs. His 9.8 yards per catch and 48.9 percent catch rate are both career lows. Green is far from his prime, when he was a Randy Moss type who would run by and jump over defenders at will, but he’s still a good receiver who has the advantage over a majority of cornerbacks. Last week, Green acknowledged his frustration but said he wants to remain in Cincinnati. There’s no doubt Green has done a lot for the organization, but if I’m the Bengals, I view this as the perfect time to part ways with the seven-time Pro Bowler, who is playing on the franchise tag in 2020, and get some draft capital in return (most likely a third-round pick) to continue the rebuild.
John Ross’ trade request shouldn’t affect trade scenarios for Green, as the Bengals have good depth at wide receiver. Green would fit into a lot of the same scenarios as Julio in terms of potential trade partners. While Green isn’t as tough a matchup for defenses as Julio, he could still be a difference maker for a team with playoff aspirations. The aforementioned Bears, Packers and Patriots should be interested, but the Eagles and Colts could really use some receiving help, too.
The Jaguars are rebuilding, but they have pretty good depth at the wide receiver position. Why not utilize it? It looks like D.J. Chark and Laviska Shenault Jr. are set in stone as the future at the position, but any number of these three wideouts could bring in some much-needed draft capital. I believe Keelan Cole, Chris Conley and Dede Westbrook — who have contracts that will expire this offseason — each would likely draw anywhere from a third- to fifth-round pick in a trade. Each player would provide a new team with a viable WR2 or WR3 option. The Baltimore Ravens could use a boost in their pass game, while the Philadelphia Eagles need more healthy targets for Carson Wentz.
Each week in the 2020 campaign, former No. 1 overall pick and NFL Network analyst David Carr will take a look at all offensive players and rank his top 15. Rankings are based solely on this season’s efforts. Now, let’s get to it — the Week 7 pecking order is below.
NOTE: Arrows reflect changes from last week’s rankings.
DROPPED OUT: Aaron Jones, RB, Packers (previously No. 9); Josh Allen, QB, Bills (No. 10); Dalvin Cook, RB, Vikings (No. 13).
Follow David Carr on Twitter @DCarr8
Author: David Carr
Tuesday Morning Market Highlights – GuruFocus.com
U.S. stocks were in the green on Tuesday morning. The Dow gained 0.32% to 28,284, the S&P 500 index rose 0.31% to 3,438 and the Nasdaq Composite Index was up 0.03% to 11,483.
• Comerica Inc (NYSE:CMA) +6.5%
• Halliburton Co (NYSE:HAL) +6.9%
• General Motors Co (NYSE:GM) +4.3%
• Freeport-McMoRan Inc (NYSE:FCX) +3.2%
• General Electric (NYSE:GE) +0.4%
• Philip Morris International Inc (NYSE:PM) -3.3%
• EOG Resources Inc (NYSE:EOG) -1.4%
• ConocoPhillips (NYSE:COP) -0.9%
• Concho Resources Inc (NYSE:CXO) -0.9%
The main European stock markets traded mostly in the green. The U.K.’s FTSE 100 rose 0.44%, France’s CAC 40 advanced 0.21%, Germany’s Dax was down 0.42% and Spain’s Ibex 35 gained 1.41%.
In Asia, Japan’s Nikkei 225 fell 0.44%, India’s BSE Sensex advanced 0.28%, Hong Kong’s Hang Seng jumped 0.11% and China’s Shanghai Composite was up 0.47%.
Procter & Gamble releases earnings report
Shares of The Procter & Gamble Company (NYSE:PG) gained more than 2% on Tuesday morning after the company announced financial results for its first quarter of fiscal 2021. It posted earnings per share of $1.63, beating analyst´s estimates by 20 cents, on revenue of $19.32 billion, which grew 8.5% year-over-year and also beat expectations by $930 million.
Chairman, President and CEO David Taylor had the following to say:
“We delivered another strong quarter of organic sales growth, core earnings per share and cash returned to shareowners, enabling us to increase our outlook for fiscal year results… Our near-term priorities continue to be employee health and safety, maximizing availability of P&G products for consumers around the world, and helping society meet the challenges of the COVID crisis. We remain firmly focused on executing our strategies of superiority, productivity, constructive disruption and improving P&G’s organization and culture to deliver balanced top-line and bottom-line growth along with strong cash generation.”
In the quarter, the beauty segment organic sales rose 7% versus a year ago. Skin and Personal Care organic sales increased due to innovation-led growth in North America and Greater China. Grooming segment organic sales rose 6% versus a year ago. The Health Care segment organic sales rose 12% and Fabric and Home Care segment organic sales increased 14% for the quarter. Baby, Feminine and Family Care segment organic sales inched up 4% versus year ago. Moreover, the company reported that the gross margin increased 170 basis points versus the prior year.
Looking ahead to full fiscal 2021, the company expects GAAP diluted net earnings per share growth in a range of 4% to 9% versus fiscal 2020 GAAP EPS of $4.96. It also expects core earnings per share growth from a range of 3% to 7% to a range of 5% to 8% versus fiscal 2020 core earnings per share of $5.12.
At the end of June, Yacktman Asset Management (Trades, Portfolio) cut its investment in the stock by 1% to 3,154,115 shares. Ken Fisher (Trades, Portfolio) reduced his holding by 56% to 660,251 shares.
Disclosure: The author holds no positions in any stocks mentioned.
- Currently 0.00/5
Rating: 0.0/5 (0 votes)
Author: Omar Venerio
Cowboys loss adds to NFC East struggles, Tua Tagovailoa named Miami Dolphins starter, more sports news
There have been six weeks of NFL football, and NFC East teams have won five games combined.
The Dallas Cowboys lost, 38-10, on Monday Night Football to the Arizona Cardinals. Even with a 2-4 record, the Cowboys remain the only team with multiple wins in the NFC East.
Considering the Cowboys lost Dak Prescott, the Eagles’ injury woes, the Giants’ missing Saquon Barkley and Washington’s instability at quarterback, it’ll be a slow race to the finish line. Seven wins might be all it takes.
“I don’t care if the Cowboys win the division. They’re awful. This is a terrible team. … Sure, they can win the NFC East. Congrats.”
— @getnickwright reacts to Cowboys 38-10 loss to Cardinals after Zeke & Dalton’s 4 combined turnovers pic.twitter.com/O378HG2A6e
Total wins by division so far:
NFC West: 16
AFC North: 15
NFC North: 12
AFC South/AFC West/NFC South: 11
AFC East: 10
NFC East: 5
There’s also some bad luck involved. The NFC East’s cross-division opponents come from the AFC North and NFC West. Those are the only two divisions with three teams that have records over .500, and they’re the two winningest divisions.
The biggest stories for Philly’s biggest sports fans.
Maybe the good records are because those are the strongest divisions in the league, or it could be that they’re beating up on the undermanned NFC East.
Yes the NFC EAST is an awful division. But to also be fair—both it’s best teams in @Eagles and @dallascowboys have been absolutely destroyed by injuries. Arguably the 2 worst injury derailed teams in NFL.
Sunday fans got a tease when Tua Tagovailoa completed two passes in the fourth quarter, but now he’s taking over. ESPN reports that Tagovailoa will be the Dolphins’ starter after the bye week.
Miami is having a promising season with a 3-3 record. The Dolphins won five games total last season.
Ryan Fitzpatrick has been successful at quarterback, but if college was any indication, Tagovailoa should make the offense even more dynamic.
The Dolphins put Tagovailoa in a favorable situation by allowing him to take his time and learn from a savvy veteran. Fitzpatrick has played with eight teams in 16 seasons.
There’s not a better QB to learn from and grow under than Ryan Fitzpatrick. There’s also not a better QB to helping out any QB who replaced him.
Each of the top-three quarterbacks from the 2020 NFL draft are now starters. Joe Burrow and Justin Herbert have more than held their own so far, and now it’ll be Tagovailoa’s turn.
If Herbert’s and Burrow’s performances are any indication, Tagovailoa should be the quarterback Dolphins fans have been savoring for years.
Tua Tagovailoa will create the type of excitement in South Florida that Dan Marino, LeBron James and Dwyane Wade did. He transcends sport. He is a potential megastar. And it’s almost time. It’s happening.
Speedy WR could be on the move
The Cincinnati Bengals are loaded at wide receiver, and those guys want the football. Unfortunately, there’s only one football going around, and John Ross is getting the short end of the stick.
Ross has two catches and seven total targets. Now, he’s entertaining trade ideas, according to NFL Network.
From @gmfb: #Bengals WR John Ross approached the team about a trade recently. The speedster, in the last year of his rookie deal, hasn’t been playing much of late and wants a fresh start if that’s going to continue being the case. pic.twitter.com/0LbfY9ODb4
Ross might be best known for his record-breaking 4.22 40-yard dash at the 2017 NFL combine. That speed has played well in the NFL, but he hasn’t been healthy enough to showcase it. Outside of playing 13 games in 2018, he’s been available for 14 of 38 contests.
In 2019, it looked like Ross reached his potential. He started the season with back-to-back 100-yard performances and three touchdowns. He missed nine weeks after an injury in Week 4.
The Bengals have Tee Higgins, Tyler Boyd, A.J. Green and Auden Tate. Trading Ross might not be the worst idea since a team will more than likely take a chance on a guy with 4.22 speed.
Author: Damichael Cole