Chinese shipping, coal stocks outperform AI as earnings outlooks diverge
Published . Updated .
This report is about container shipping and coal.
Directly affected
- No company is named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF+25.1% 18d
Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story.
- IYT iShares U.S. Transportation ETF
iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story.
- XME SPDR S&P Metals & Mining ETF-8.3% 30d
SPDR S&P Metals & Mining ETF: it holds coal and metals producers. Linked by “coal” (coal) in this story.
- QQQ Invesco QQQ+0.9% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- FXI iShares China Large-Cap ETF-4.7% 30d
iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“chinese”).
- BTU Peabody Energy-21.2% 30d
Peabody Energy (bituminous coal and lignite surface mining): coal producers move with coal demand and prices. Linked by “coal” (coal) in this story.
- ZIM ZIM Integrated Shipping Services+1.3% 30d
ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- MATX Matson-5.7% 9d
Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| IYTNo price data for this ticker | — | — | — | — | — | — | — |
| XMENo price data for this ticker | — | — | — | — | — | — | — |
| QQQNo price data for this ticker | — | — | — | — | — | — | — |
| FXINo price data for this ticker | — | — | — | — | — | — | — |
| BTUNo price data for this ticker | — | — | — | — | — | — | — |
| ZIM | +0.38% | +1.68% | base | after close | after close | after close | after close |
| MATX | +0.75% | +2.33% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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Chinese shipping, coal stocks outperform AI as earnings outlooks diverge Nikkei Asia
Source: Nikkei Asia
Shipping
| Company | When | Move | Status |
|---|---|---|---|
| MATX | three days earlier | +2.33% | final price |
| MATX | five days earlier | +0.75% | final price |
| ZIM | three days earlier | +1.68% | final price |
| ZIM | five days earlier | +0.38% | final price |
How solid the shipping case looks
12 out of 100
“Chinese shipping, coal stocks outperform AI as earnings outlooks diverge” scores 12 out of 100. The score uses 1 sources.