Results for: U.S. Market

Israeli renewable energy developer Arava Power has successfully launched its first utility-scale solar project in the United States, SUNRAY, located in Uvalde County, Texas. The 270-megawatt project, developed in partnership with Paz Group and funded by Menora Mivtachim, marks Arava Power’s entry into the U.S. market. SUNRAY is expected to generate clean electricity for 43,000 homes in the San Antonio area, demonstrating Arava Power’s commitment to expanding its expertise and portfolio beyond Israel.

Glance, an Indian startup with a lockscreen platform for Android smartphones, is targeting the U.S. market. It has partnered with Motorola and Verizon for a pilot program, and plans a full launch later this year. Glance’s platform offers users a customized feed of news, local events, and other content without requiring additional app installation. It has gained traction in India, Southeast Asia, and Japan. The company is not collecting personal data of users, relying instead on usage patterns to inform its recommendation engine. It is collaborating with Qualcomm to develop an AI-powered lockscreen experience and reduce data consumption.

Ned Davis Research analysts have reduced the U.S. market allocation from overweight 58% to market weight 54%, citing unfavorable fundamentals and technicals. They have increased Europe and Japan allocations by 2% each. The analysts view the U.S. market as inconsistency with their neutral view on U.S. duration. The spread between the U.S. 10-Year Treasury and the 10-Year German Bund has widened to its highest level since October. The U.S. currency has declined against Europe, Japan, and the U.K. Inflation remains higher in the U.S. compared to Europe and Japan. NDR’s asset allocation recommendation is 65% stocks, 30% bonds, and 5% cash, with an overweight in the S&P 500 and a preference for small caps over large caps.