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- Bau Duc Sets Up ESG Committee With 2 PhDs, 3 Master's Holders: 'Running Large-Scale Agriculture Like HAGL Without This Is Not Sound'
On October 22, HAGL's Board of Directors set up an ESG Sustainable Development Committee of six members, led by General Director Nguyen Xuan Thang as Head, including 2 PhDs and 3 master's holders in agriculture and finance. The committee will steer, coordinate and oversee the group's environmental, social and governance commitments. Chairman Doan Nguyen Duc said large-scale agricultural companies cannot stay outside ESG, as foreign investors, domestic banks and funds increasingly focus on environmental issues. In the first half of 2026, HAGL recorded revenue of VND 3,039 billion, down 18%, while profit after tax reached VND 2,204 billion, up 150.5%. The company holds about 30,000 ha of agricultural land and plans to plant 7,000 ha of coffee in 2026.
- Editorial : State farmers face financial struggles
Louisiana farmers are facing higher costs for fuel, fertilizer and equipment, along with drought, saltwater intrusion and rising irrigation expenses. Farmer Eddie Lewis III, who works 1,000 acres, estimates he is already $200,000 over his $1 million budget, so he has cut labor, delayed equipment purchases and considered selling farmland. LSU AgCenter economist Michael Deliberto said price gains have not offset rising fuel and fertilizer costs, which the editorial links mainly to the Iran war; from January to August, direct production costs per acre rose from $543 to $643 for sugar cane, $740 to $830 for corn, $780 to $930 for rice and $465 to $507 for soybeans. Rice and crawfish farmer Homer Leger expects to finish about $20,000 short and plans another bank loan, while Brandon Vail said he might not have planted this year's crop without federal help. The editorial warns that consumers will also lose out if high production costs push farmers to seek other livelihoods.
- Candidates clash over farm economy , trade and labor at 7th Congressional District town hall
Republican Michael Alfonso and Democrat Fred Clark clashed over farm economics, trade and labor at a virtual town hall hosted by Farm Bureau and Farmers Union, ahead of the Nov. 3 election. Alfonso blamed rising costs and proposed tax relief and reduced regulation, and backed stronger antitrust enforcement in meatpacking, while Clark named agribusiness consolidation as the biggest threat. Clark criticized the Trump administration's tariffs, while Alfonso defended them as a response to unfair trade practices. On labor, Clark urged H-2A visa reform, and Alfonso focused on recruiting young people and technical training. Wisconsin fell below 5,000 dairy herds for the first time, and both candidates proposed ways to help young farmers, though with different approaches.
- Trump $8B Diesel Aid Branded a Band - Aid by Iowa Farm Leader
The Trump administration is releasing $8 billion in one-time payments to farmers through the USDA's Harvest Fuel Relief program, to offset higher input costs, including diesel above $6 per gallon nationally. The Farm Service Agency will administer the aid using a uniform formula tied to modeled 2026 crop-year losses, with commodity payment rates expected in November and no application date yet announced. Iowa Farmers Union president Aaron Lehman called it a 'Band-Aid response' that ignores the policy choices behind farmers' financial problems, while Boston University's Mark Williams argues it does not address the Strait of Hormuz disruption linked to the Iran war. The program follows $12 billion in Farmer Bridge Assistance payments to more than 560,000 farmers earlier this year.
- Trump Announces Another $8 Billion Farm Bailout
The Trump administration announced the Harvest Fuel Relief program, providing $8 billion in one-time payments to farmers to offset diesel costs during the 2026 harvest season. The USDA will calculate payments based on planted acreage, production costs, projected yields and commodity prices, with rates for major crops to be announced in November and the payment schedule still pending. The article says diesel averaged about $6.28 per gallon nationally, compared with about $3.62 a year earlier, as the war against Iran and disruptions in the Strait of Hormuz pushed up energy and fertilizer costs. USDA projected 2026 farm production expenses at $492.8 billion, up 4.5 percent, while net farm income was expected to fall. The article argues that tariffs and retaliatory trade measures, especially those affecting soybean exports, have added to farmers’ financial pressure.
- Trump announces $8 billion in diesel relief for US farmers
The Trump administration will send $8 billion to U.S. farmers during harvest season to offset diesel costs, with diesel prices about 75% higher than a year ago. Speaking at a rally in Park City, Kansas, President Trump announced a one-time "harvest fuel relief program" as the nationwide diesel average reached $6.31 on Monday according to AAA, amid disrupted traffic through the Strait of Hormuz. Funds will come from the Commodity Credit Corp. and be based on planted acres, production costs, yield and price estimates, with payment rates to be released in November. The aid follows $12 billion in Farmer Bridge Assistance payments and $14 billion through enhanced crop insurance, and comes ahead of the Nov. 3 midterm elections, as higher fuel prices have weighed on Trump's low approval rating.
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JPMorgan analyst Doug Anmuth said SpaceX (SPCX) told him it is not considering raising equity, pointing instead to several available pools of debt capital. Management guided to $35 billion to $40 billion in fourth-quarter capex, up from $19.6 billion in the third quarter, and the company ended the quarter with $36.1 billion in debt. SpaceX is reportedly eyeing a $40 billion capital raise with Goldman Sachs and Apollo. Moffettnathson analyst Julie Zhu said the earnings call underscored large capital needs in the coming years, particularly in AI, following a series of deals and projects including the Cursor acquisition and a new Starbase in Louisiana.
- Stocktwits Wall Street Wrap: Analysts Turn Bullish On SpaceX, Tesla, But Netflix And Chipotle Face Fresh Downgrades Amid Growth Concerns
Analysts turned more positive on SpaceX (SPCX) and Tesla (TSLA) as revenue outlooks and merger speculation fueled optimism, and the two companies set up independent board committees to explore closer ties, including a possible merger. Phillip Securities upgraded SpaceX to 'Buy' with a $250 price target, and Bank of America raised its target to $275; SpaceX now projects $33 billion to $37 billion in Q1 2027 revenue, above the roughly $22 billion analysts had expected. BNP Paribas and CLSA both upgraded Tesla, with price targets of $420 and $400. Goldman Sachs upgraded CoreWeave (CRWV) to 'Buy' but cut its target to $106 from $139, even as the stock fell 38.4% since Aug. 11. Wolfe Research and Needham downgraded Netflix (NFLX), citing higher spending that has not kept viewers engaged and slowing revenue growth.
- Stock market today: Dow, S&P 500, Nasdaq wobble after sharp tech sell-off
US stock futures wobbled on Friday as worries over the AI trade lingered after a steep tech sell-off sparked a flight to bonds. Dow futures fell 0.2% and S&P 500 futures dropped 0.2%, while Nasdaq 100 futures were little changed after semiconductors and Big Tech sold off Thursday. Concerns over rising financing costs and a possible slowdown in capex weighed on neocloud stocks such as CoreWeave (CRWV), with Nvidia (NVDA) and AMD also retreating. Oil stayed near a five-month high, with Brent touching $113 per barrel and WTI near $100 per barrel. Yahoo Finance reported that Tesla's (TSLA) surprise $5 billion cut to capex plans has not shaken confidence in a large Cybercab network, with Morgan Stanley analyst Andrew Percoco's modeling assuming a fleet of 5 million by end-2040.
- Russia and Ukraine trade fresh strikes despite renewed push for U.S.-brokered peace talks
Russia launched a major attack on Ukraine's energy facilities, knocking out electricity for over 500,000 people in several regions, and Ukraine's Energy Ministry said restoration work had begun where security allowed. Russia's Defense Ministry said air defense forces intercepted and destroyed 443 Ukrainian drones overnight. The strikes came after U.S. special envoy Steve Witkoff met Vladimir Putin on Wednesday, and Putin said Moscow was ready to resume U.S.-mediated talks with Kyiv in November. An energy ceasefire announced by President Donald Trump on Oct. 11 has yielded no meaningful result, and Zelenskyy said Ukraine was ready for a ceasefire but needed strong security guarantees.
- Warren Buffett's Successor, Greg Abel, Has 32% of Berkshire Hathaway's $364 Billion Portfolio Invested in 3 Unstoppable AI Stocks
Greg Abel took over Berkshire Hathaway after Warren Buffett retired as CEO on Dec. 31, and has reshaped the $364 billion portfolio, dumping 16 stocks in the first quarter. Three AI-focused stocks, Apple, Alphabet, and Bending Spoons, now account for roughly 32% ($115.7 billion) of the portfolio. Apple is the largest position at $78.28 billion, or 21.5% of invested assets, while Alphabet is valued at $36 billion (9.9%) after Abel more than tripled the stake in the first quarter and bought around $17 billion more in the second quarter. Berkshire also agreed to buy 10 million Bending Spoons shares at $33 per share in a private placement, on top of a position worth $1.44 billion (0.4%).
- Stock-Split Watch: Is ASML Next?
ASML shares have gained 189% over the past three years, trailing the 247% rise in the PHLX Semiconductor Sector index, and now trade above $1,600 per share. The article argues that management could carry out a forward stock split to make the shares more attractive to retail investors, though this would not change the company's fundamentals, and many brokerages now offer fractional share purchases. In the third quarter, ASML reported revenue of 11.66 billion euros, up 55% year over year, after selling 113 lithography systems versus 66 a year earlier, with EUV machines used for AI chips driving the gains. The company expects 14.7 billion euros in revenue this quarter, a 51% increase, and plans to raise advanced chipmaking equipment capacity by 30% in 2027. Customers are reportedly interested in orders for 2029 and 2030, and ASML trades at 27 times forward earnings, below its five-year average of 33.
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