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Recent Articles

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Mizuho downgrades several pure EV makers and cuts EV sales growth forecast in 2024 to 15% from 25%; EV market in US is still growing, but pace of growth has slowed amid high interest rates, public charging concerns, consumer interest in hybrid vehicles

Mitsui Chemicals concludes agreement for Mizuho Eco Finance, a syndicated environmental-assessment-based loan arranged by Mizuho Bank

MIzuho warns unemployment rates could double to 6%-7% by end-2023 due to declining inflation affecting company earnings; in response to smaller profits, companies will stop 'labor hoarding' and shed their workforce

Analysts on General Motors: HSBC initiates at buy, noting profitability remains high, bolstered by over 80% of its profits from pickups and third-row SUVs, which now have few affordable EV alternatives; Mizuho upgrades to buy, noting UAW strike resolution

Mizuho downgrades Beyond Meat to underperform from neutral and cuts target to US$5 from US$12, citing macro pressures and lack of product innovation, suggesting downside risks through 2024; stock down 32.3% year-to-date

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